Evoke Reports Strong Q4 Revenue Growth
Evoke has reported double-digit revenue growth in Q4 2024, driven primarily by a significant increase in online performance. The company’s FY24 adjusted EBITDA is expected to reach the upper limit of previously announced guidance, exceeding market expectations.

Q4 Financial Performance
Evoke recorded an estimated 12-13% year-over-year revenue growth in Q4 2024, with a higher growth rate of approximately 13-14% in constant currency. The company’s online segment performed particularly well, achieving a growth rate of around 16-17% (18-19% in constant currency). This performance was supported by strategic initiatives across core markets and favorable sports betting results during the quarter.
As a result, H2 revenue growth is projected at approximately 8%, aligning with the higher end of the previously communicated guidance range of 5-9%.
The company’s cost-control measures and enhanced operational efficiency have contributed to expectations that adjusted EBITDA will be at the upper end of the £300-310 million range for the full year, significantly outperforming market forecasts.
CEO’s Perspective
Per Widerström, CEO of Evoke, highlighted the company’s strong performance and strategic advancements. He noted:
“I am pleased to report that the improving trends we announced in Q3 further strengthened into Q4 with the business delivering double-digit revenue growth. As a result, revenue in the second half was at the high end of our 5-9% target growth range. While we were helped by some operator-friendly sports results in Q4, the significantly improved underlying momentum in the business gives me real confidence that the turnaround is working and we are well positioned to continue our growth trend into 2025.”
Widerström emphasized Evoke’s commitment to transforming its operations for sustainable growth, focusing on aligning its core brands and products with a clear customer value proposition. The company’s five core markets accounted for approximately 90% of Q4 revenue, reflecting the effectiveness of its market strategy.