Super Group (Sghc) Limited ( (SGHC) ) has released its Q1 earnings. Here is a breakdown of the information Super Group (Sghc) Limited presented to its investors.
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Super Group (SGHC) Limited is a prominent player in the online sports betting and gaming industry, operating through its well-known brands Betway and Spin, and is recognized for its advanced technology and data analytics capabilities.
In its first quarter of 2025, Super Group reported a significant increase in financial performance, with revenue reaching $516.8 million, marking a 25% year-over-year growth. This growth was driven by strong performance in key markets such as Africa, Europe, and North America.
Key financial highlights include a profit of $59.4 million for the quarter and an impressive 120% increase in Adjusted EBITDA to $111.1 million. The company also maintained a robust balance sheet with $351 million in unrestricted cash, despite substantial dividend payments.
Looking forward, Super Group remains optimistic about its financial trajectory, maintaining its guidance for the year with expectations of exceeding $2.014 billion in revenue and $421 million in Adjusted EBITDA. The company continues to focus on optimizing its return on investment across all markets.
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