Super Group Reports Record Financial Performance in 2024

Strong Revenue Growth and Improved Profitability

The company reported a 39% increase in Q4 revenue, reaching €500 million, while full-year revenue grew by 18% to approximately €1.7 billion. This growth was driven by continued market expansion and improved operational efficiency.

The company’s profit before tax for 2024 reached €188.8 million, a substantial increase from €16.8 million in 2023. The Q4 results were particularly strong, with €96.8 million in pre-tax profit, a major turnaround from a €44.9 million loss in the same period last year.

Increased Dividend for Shareholders

In recognition of its strong performance, Super Group announced an increase in its annual dividend program. The minimum quarterly dividend target has been raised from 2.5 cents to 4.0 cents per share, bringing the total 2025 annual target to 16.0 cents per share, up from 10.0 cents in 2024. The first quarterly dividend of 4.0 cents per share is set to be paid on March 28, 2025, to shareholders of record as of March 10, 2025.

Key Financial Highlights

• Q4 revenue: €500 million (+39% YoY)
• Q4 adjusted EBITDA: €118.1 million (up from €33.6 million in 2023)
• Full-year revenue: €1.7 billion (+18% YoY)
• Full-year adjusted EBITDA: €330.3 million (up from €198.2 million in 2023)
• Monthly average customers: 4.8 million in 2024 (+20% YoY)

2025 Outlook: Continued Growth and Profitability

Super Group has set ambitious growth targets for 2025, projecting double-digit increases in both total revenue and adjusted EBITDA. The company expects:

• Ex-US revenue to exceed €1.83 billion
• Ex-US adjusted EBITDA to surpass €435 million
• US revenue to reach approximately €85 million
• US adjusted EBITDA loss to narrow to between €(30) and €(35) million
• Total revenue to exceed €1.915 billion
• Adjusted EBITDA to surpass €400 million