NYSE$SGHC
Super Group SGHC Limited · Q4 2024 earnings
Q4 2024 earnings · · Before market open · Investor relations
Briefing
Super Group achieved record Q4 2024 revenue and strong profitability.
Super Group delivered record revenue of €500 million in Q4 2024, reflecting a 39% year-over-year growth. Profit before tax reached €96.8 million, a strong turnaround from a loss in the prior year. Adjusted EBITDA surged to €118.1 million, driven by operational efficiency and higher customer engagement. The company also increased its quarterly dividend target.
- Q4 2024 revenue increased by 39% year-over-year to €500 million.
- Profit before tax reached €96.8 million, reversing a loss in Q4 2023.
- Adjusted EBITDA jumped to €118.1 million, a significant improvement from €33.6 million in Q4 2023.
- Monthly active customers grew 12% to 5.3 million.
Headline financials
Revenue & EPS history
Super Group · Revenue · Quarterly
$519M
Revenue by segment
Super Group · $2.25B total across 2 segments · Q4 2025
- Betway$1.4B—62.2%
- Spin$851M—37.8%
Forward guidance
Super Group expects double-digit growth in total revenue and Adjusted EBITDA for 2025, with strong expansion outside the US. The company will continue optimizing costs and improving profitability while maintaining a disciplined marketing approach.
Tailwinds
- Projected total revenue above €1.915 billion in 2025.
- Expected Adjusted EBITDA exceeding €400 million.
- Ex-US revenue projected to exceed €1.83 billion.
- Increase in quarterly dividend target to 4.0 cents per share.
- Strong customer engagement trends continuing into 2025.
Headwinds
- US operations expected to remain unprofitable, with an Adjusted EBITDA loss of €30-35 million.
- Macroeconomic uncertainties may impact discretionary consumer spending.
- Regulatory changes in key markets could affect profitability.
- Foreign exchange fluctuations could influence reported results.
- Higher marketing spend needed to sustain customer acquisition momentum.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 13 quarterly earnings reports · overlaid with Q4 2024
-2.4%
Avg return
Earnings day
-2.2%
Avg return
5 days after
-6.2%
Avg return
30 days after
46%
6 / 13 earnings
Positive
+18.8%
Q2 2023
Best reaction
-25.7%
Q1 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2025 | +10.3% | +10.1% | +8.4% | |
| Q1 2025 | -5.8% | -2.5% | +4.9% | |
| Q4 2024 | -7.7% | -8.1% | -17.5% | |
| Q1 2024 | +0.6% | -0.9% | -0.3% | |
| Q4 2023 | +15.1% | +11.5% | +4.2% | |
| Q3 2023 | -10.7% | -10.2% | -21.7% | |
| Q2 2023 | +18.8% | +18.1% | +19.5% | |
| Q1 2023 | -13.3% | -12.4% | +7.9% | |
| Q4 2022 | -4.5% | -4.5% | +0.0% | |
| Q3 2022 | +0.8% | -10.0% | -20.3% | |
| Q2 2022 | -8.8% | -8.8% | -26.1% | |
| Q1 2022 | -25.7% | -11.1% | -44.6% | |
| Q1 2021 | +0.1% | +0.6% | +5.7% | |
| Q3 2020 | — | — | — | |
| Q2 2020 | — | — | — | |
| Q1 2020 | — | — | — |
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