Jed Kelly

Bernard McTernan

Jason Tilchen

Michael Hickey

Bernie Mcternan

Clark Lampen

Jordan Bender

Michael Graham

Mike Hickey

Ryan Sigdahl

William Lampen

- Super Group updated its full-year 2025 guidance, projecting revenue between **$2.125 billion and $2.2 billion** and adjusted EBITDA between **$550 million and $560 million**.  **[1878057_2147362_32]**  The company also aims for organic compound revenue growth of approximately **10% annually** from 2025 to 2028, with adjusted EBITDA margins growing closer to **30%**.  **[1878057_2147362_32]** 
- The company announced its exit from the U.S. iGaming market, expecting to complete the wind-down in the next couple of months, and will reallocate approximately **$185 million** originally projected for 2026 to higher-return markets.  **[1878057_2147362_31]**  This strategic decision follows previous exits from markets like India due to a lack of a clear path to profitability.  **[1878057_2147362_44]** 
- Super Group has enhanced operational efficiency, reducing headcount from 4,000 to **3,000 employees** since its 2022 listing  **[1878057_2147362_31]** , achieving a **60% reduction in high-impact outages**  **[1878057_2147362_14]** , and seeing a **200% increase in AI adoption** within its Spin segment.  **[1878057_2147362_14]**  The business model is diversified, with **80% of revenue from casino** and **20% from sports**, and **65% of revenue** now originating from regulated markets.  **[1878057_2147362_3]** **[1878057_2147362_30]** 
- Customer engagement and retention remain strong, with monthly active customers growing from **3.5 million in Q1 2023 to 5.5 million in Q2 2025**.  **[1878057_2147362_6]**  Notably, **74% of H1 2025 revenue** was generated from customers acquired before 2025, indicating a stable and persistent revenue base.  **[1878057_2147362_18]** 
- Financially, Super Group maintains a strong balance sheet with an unrestricted cash position of **$393 million** at the end of Q2 2025 and **zero debt**.  **[1878057_2147362_32]**  The company has also returned **$166 million to shareholders through dividends** over the last 12 months.  **[1878057_2147362_32]**

Super Group Updates 2025 Financial Guidance and Announces U.S. iGaming Market Exit

- Super Group **raised its 2025 guidance** for Combined Total Revenue to **$2.125 - $2.20 billion** and Combined Adjusted EBITDA to **$550-$560 million**.  **[1878057_2146680:77]** 
- The company expects to **shut down its U.S. business (DGC) in early October**, projecting **$35 million in annual savings** and reallocation of **$185 million to $215 million** in resources and capital.  **[1878057_2146680:75]** 
- Super Group outlined medium-term goals for 2025E-2028, targeting an **Organic Market Revenue CAGR of 10%+, EBITDA Margin of >29%**, and **Free Cash Flow Conversion of 60-70%**, with **annual dividends >16 cents**.  **[1878057_2146680:77]** 
- As of the latest available LTM data, Super Group reported **$2.1 billion in Revenue**, **$486 million in Adjusted EBITDA**, and **5.5 million Average Unique Monthly Active Customers**.  **[1878057_2146680:15]**

Super Group Raises 2025 Guidance and Outlines Medium-Term Goals

- Super Group (SGHC) Ltd **raised its 2025 guidance** on September 17, 2025, projecting **Total Revenue** between **$2.125 billion and $2.20 billion** and **Adjusted EBITDA** between **$550 million and $560 million**.  **[1878057_0001878057-25-000020_supergroupinvestordaypre.htm:21]** 
- The company outlined medium-term goals for **2028**, targeting **Group Revenue** of **$2.6 billion to $3.0 billion** and **Adjusted EBITDA** of **$700 million to $930 million**, with an **Adjusted EBITDA Margin** of **27-31%**.  **[1878057_0001878057-25-000020_supergroupinvestordaypre.htm:22]** 
- Super Group reported sustained operational growth, with **Monthly Active Customers reaching 5.5 million** in Q2 2025 and a ~**30% increase in Net Revenue year-over-year** as of Q2 2025.  **[1878057_0001878057-25-000020_supergroupinvestordaypre.htm:8]** 
- The company is strategically exiting the U.S. market, with closure anticipated in **Q4 2025**, to focus on organic growth from key markets and cost efficiencies.  **[1878057_0001878057-25-000020_supergroupinvestordaypre.htm:21]**

Super Group (SGHC) Ltd Raises 2025 Guidance and Outlines Medium-Term Goals

- Super Group (SGHC) Limited **raised its full-year 2025 Group Revenue guidance** to between **$2.125 billion and $2.200 billion**, an increase from prior guidance of greater than $2.04 billion.  **[1878057_0001878057-25-000018_supergroup-pressreleasetem.htm:0]** 
- The company also **increased its full-year 2025 Group Adjusted EBITDA guidance** to between **$550 million and $560 million**, up from previous guidance of $470 million to $480 million.  **[1878057_0001878057-25-000018_supergroup-pressreleasetem.htm:0]** 
- This updated outlook is attributed to **strong third-quarter performance** that exceeded expectations, driven by robust sports results, pricing optimization, and continued customer engagement.  **[1878057_0001878057-25-000018_supergroup-pressreleasetem.htm:0]** 
- Super Group expects an **Adjusted EBITDA loss of approximately $25 million from its U.S. operations**, with the final closure of the U.S. business anticipated in early 4Q 2025.  **[1878057_0001878057-25-000018_supergroup-pressreleasetem.htm:0]**

Super Group (SGHC) (SGHC)