Welcome to our dedicated page for Super Group (SGHC) news (Ticker: SGHC), a resource for investors and traders seeking the latest updates and insights on Super Group (SGHC) stock.
Super Group (SGHC) Limited operates as the holding company for Betway, an online sports betting brand, and Spin, a multi-brand online casino offering. Company news commonly covers consolidated financial results, guidance updates, business performance across sports betting and casino products, and customer engagement trends in regulated markets across Europe, North America, Africa and other regions.
Recurring announcements also include dividends and other capital-allocation actions, investor conference participation, product and technology commentary, and responses to online gaming tax or regulatory developments such as changes affecting the United Kingdom market. Updates often connect operating performance to Super Group's licensed-market footprint, proprietary marketing and data analytics capabilities, and global online gaming platform.
Super Group (NYSE: SGHC), the parent company of online sports betting platform Betway and multi-brand online casino Spin, has announced it will release its first quarter 2025 financial results on Thursday, May 8, 2025, after U.S. market close.
The company will hold a conference call and webcast to discuss the results on Friday, May 9, 2025, at 7:45 a.m. ET. Investors can access the live audio webcast and supplemental investor presentation at www.investors.sghc.com. An audio replay will be available for one year following the live call.
Super Group (SGHC) reported strong financial results for Q4 and full year 2024, with annual revenue reaching approximately €1.7 billion. The company achieved its highest-ever quarterly revenue of approximately €500.0 million in Q4, representing a 39% increase from the previous year. Profit before tax was €188.8 million for the full year and €96.8 million for Q4.
Non-GAAP Adjusted EBITDA ex-US reached €391.1 million for 2024, exceeding guidance, with Q4 contributing €128.8 million. The company ended the year with €355.8 million in unrestricted cash.
Super Group announced an increase in its minimum quarterly dividend target from 2.5 to 4.0 cents per share, with the first payment of 4.0 cents scheduled for March 28, 2025. For 2025, the company projects double-digit growth in both Total Revenue (>€1.915 billion) and Adjusted EBITDA (>€400 million).
Super Group (NYSE: SGHC), the parent company of Betway and Spin, has announced it will release its fourth quarter and full year 2024 financial results on Tuesday, February 25, 2025, before U.S. market opening. The company will host a conference call and webcast at 8:30 a.m. ET on the same day to discuss the results.
The presentation will include a live audio webcast and supplemental investor materials, available on the company's investor relations website. An audio replay will be accessible for one year after the live call.
Super Group (NYSE: SGHC) has announced strong preliminary Q4 and full-year 2024 performance, expecting to exceed previous guidance. Q4 2024 is projected to be the company's strongest ex-US quarter with Total Revenue of ~€486 million and Adjusted EBITDA between €125-130 million.
For full-year 2024, the company anticipates surpassing its ex-US targets, with Total Revenue growing ~18% to ~€1.66 billion and Adjusted EBITDA increasing by over 50% to €387-392 million, achieving a margin exceeding 23%. December set new monthly records for deposits and Total Revenue.
The U.S. business showed consecutive monthly revenue records in Q4, with Q4 2024 investment of ~€11 million, bringing the total U.S. investment for 2024 to ~€61 million. The company expects reduced U.S. investment in 2025 due to a focused iGaming strategy.
Super Group (SGHC) has raised its full-year 2024 guidance following strong performance in early Q4. The company increased its total revenue guidance from €1.55 billion to €1.6 billion and ex-US Adjusted EBITDA guidance from €345 million to at least €360 million.
The Board of Directors declared a special cash dividend of 15¢ per share, payable on January 8, 2025, to shareholders of record as of December 23, 2024. Combined with the July dividend of 10¢, the total 2024 shareholder dividend reaches 25¢ per share. The company plans to initiate regular quarterly dividends in 2025, subject to Board approval.
Super Group (SGHC) reported its strongest third quarter ever with revenue of €402.9 million, up 13% year-over-year. The company achieved a profit of €8.5 million and record ex-US Adjusted EBITDA of €95.4 million, offset by US losses of €11.5 million. Monthly Active Customers increased 17% to 4.7 million. The company maintains a strong cash position of €296.6 million and is considering a special dividend. Growth was driven by Africa, Europe, and North America markets, while experiencing declines in Middle East and Asia-Pacific regions. Based on strong performance, Super Group increased its ex-US Adjusted EBITDA guidance for full-year 2024 to exceed €345 million.
Super Group (SGHC) , the parent company of Betway and Spin, has announced its participation in three upcoming investor conferences. The events include:
1. Canaccord Genuity's 44th Annual Growth Conference on August 13, 2024, featuring a fireside chat and investor meetings.
2. The Benchmark Company's 11th Annual TMT One Growth Conference on September 5, 2024, with investor meetings.
3. BTIG Digital Gaming Day 2024 on September 10, 2024, also featuring investor meetings.
Key attendees from Super Group will include CEO Neal Menashe, CFO Alinda Van Wyk, and President & CCO Richard Hasson. A live webcast and replay of the Canaccord Genuity fireside chat will be available on SGHC's investor relations website.
Super Group (SGHC) (NYSE: SGHC) reported its Q2 2024 financial results, highlighting record-breaking performance. Key points include:
- Revenue reached €414.7 million, an all-time quarterly record
- Loss of €0.8 million, including €36.8 million non-cash impairment charges
- Non-GAAP Adjusted EBITDA ex-US of €98.3 million, the highest quarterly ex-US adjusted EBITDA to date
- Total non-GAAP Adjusted EBITDA of €81.9 million
- Unrestricted cash of €306.8 million as of June 30, 2024
The company raised its ex-US Adjusted EBITDA guidance for full-year 2024 to over €300 million and announced its first-ever dividend.
Super Group (NYSE: SGHC), parent company of Betway, has announced a multi-year agreement with Manchester City, making Betway the Official Global Betting Partner of the English Premier League Champions. The partnership will commence from the 2024/25 season. To mark this significant deal, Super Group CEO Neal Menashe and City Football Group CEO Ferran Soriano will ring The Opening Bell at the New York Stock Exchange.
This agreement strengthens Betway's position in the top tier of Premier League partners, expanding its already impressive sports sponsorship portfolio which includes teams from the Premier League, La Liga, and NBA. The partnership aims to increase Betway's global reach, connecting with Manchester City fans worldwide.
Super Group (SGHC) , the parent company of Betway and Spin, will release its second quarter 2024 financial results on August 7, 2024, before the U.S. stock market opens. The company, which operates in online sports betting and gaming, has scheduled a conference call and webcast for the same day at 8:30 a.m. ET to discuss the results. Investors can access a live audio webcast and supplemental presentation on the company's investor relations website. A replay of the audio call will be available for one year after the live event.