BUSINESS WIRE<\/a>)–
\nSuper Group (SGHC) Limited (NYSE: SGHC) (\u201cSGHC\u201d, the “Company” or \u201cSuper Group\u201d), the parent company of Betway, a leading online sports betting and gaming business, and Spin, the multi-brand online casino, today announced its third quarter 2025 unaudited consolidated financial results.<\/p>\n\nNeal Menashe, Chief Executive Officer of Super Group, commented: \u201cWe are incredibly pleased with our Q3 performance, which highlights the continued strength of our global platform and consistent execution across our core markets. Despite customer-friendly outcomes in September, we delivered record-level customer engagement, strong revenue growth, and margin expansion. Hitting six million monthly active customers was another significant milestone, a reflection of our product innovation and local execution. With continued momentum into Q4, and the highly anticipated launch of Super Coin, we are focused on driving long-term value for our shareholders and enhancing our global position.\u201d<\/p>\n
\nAlinda van Wyk, Chief Financial Officer of Super Group, stated: \u201cThis was another quarter of strong financial delivery. We generated an exceptional $152 million in Adjusted EBITDA, up 65% year-over-year and raised our full-year guidance above the targets we shared on Investor Day. Our disciplined investment in high-return markets, combined with operational efficiencies and improved marketing ROI, continues to translate into expanding margins. Our balance sheet remains robust with $462 million in cash, giving us both flexibility and confidence as we look ahead to 2026.\u201d<\/p>\n
Financial Highlights:<\/b><\/p>\n\n- Revenue<\/b> increased by 26% to $556.9 million for the third quarter of 2025 from $442.9 million in the same period of the prior year, driven by growth from the Africa, Europe and North America (mainly Canada) markets partially offset by declines from South\/Latin America.\n<\/li>\n
- Profit for the period <\/b>was $95.8 million for the third quarter of 2025, by comparison, profit for the period for the third quarter of 2024 was $10.3 million and included a non-cash charge of $2.2 million related to the impairment of DGC’s sportsbook assets and $34.0 million relating to sportsbook closure costs.\n<\/li>\n
- Adjusted EBITDA, <\/b>a non-GAAP financial measure, increased by 65% to $152.1 million for the third quarter of 2025 compared to $92.0 million in the third quarter of 2024.\n<\/li>\n
- Monthly Active Customers<\/b> increased by 18% to 5.5 million for the third quarter of 2025, compared to 4.7 million in the third quarter of 2024.\n<\/li>\n
- Cash and cash equivalents <\/b>was $461.9 million as of September 30, 2025 compared to $388.0 million at December 31, 2024.\n
\n- \nInflows from operating activities amounting to $269.3 million;<\/p>\n<\/li>\n
- \nOutflows from investing activities of $100.1 million. This was mainly as a result of an investment in tangible and intangible assets of $99.7 million, predominantly due to the capitalization of expenditure on software and the acquisition of property in Cape Town, South Africa;<\/p>\n<\/li>\n
- \nOutflows from financing activities of $126.9 million, mainly due to dividends paid of $136.1 million, lease payments of $5.9 million, partially offset by proceeds received from interest bearing loans and borrowings linked to the acquisition of the Cape Town property; and<\/p>\n<\/li>\n
- \nA gain of $31.6 million as a result of foreign currency fluctuations on foreign cash balances held over this period.<\/p>\n<\/li>\n<\/ul>\n<\/li>\n
- \nDividends of $20.2 million was paid during the quarter, bringing the 12-month capital returns to $136.1 million.<\/p>\n<\/li>\n<\/ul>\n
Guidance:<\/b><\/p>\n\n- \nSuper Group is raising its full-year Group Revenue and Adjusted EBITDA guidance.<\/p>\n<\/li>\n
- \nRevenue is now expected to be between $2.17 – $2.27 billion, up from $2.125 – $2.20 billion compared to prior guidance.<\/p>\n<\/li>\n
- \nAdjusted EBITDA is now expected to be between $555 – $565 million, up from $550 – $560 million compared to prior guidance.<\/p>\n<\/li>\n<\/ul>\n
\n\n| \n Revenue by Geographical Region for the Three Months Ended September 30, 2025 in $ millions:<\/i><\/b><\/p>\n<\/td>\n<\/tr>\n\n | \n | \n | \n\u00a0<\/td>\n<\/tr>\n | \n | \n\n \n\u00a0<\/p>\n Betway<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n Spin<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n Total<\/b><\/p>\n<\/td>\n<\/tr>\n\n| \n \nAfrica and Middle East<\/p>\n<\/td>\n | \n \n219<\/p>\n<\/td>\n | \n \n7<\/p>\n<\/td>\n | \n \n226<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nAsia-Pacific<\/p>\n<\/td>\n | \n \n6<\/p>\n<\/td>\n | \n \n32<\/p>\n<\/td>\n | \n \n38<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nEurope<\/p>\n<\/td>\n | \n \n81<\/p>\n<\/td>\n | \n \n27<\/p>\n<\/td>\n | \n \n108<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nNorth America<\/p>\n<\/td>\n | \n \n33<\/p>\n<\/td>\n | \n \n148<\/p>\n<\/td>\n | \n \n181<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nSouth\/Latin America<\/p>\n<\/td>\n | \n \n2<\/p>\n<\/td>\n | \n \n2<\/p>\n<\/td>\n | \n \n4<\/p>\n<\/td>\n<\/tr>\n | \n| \n Total revenue<\/b><\/p>\n<\/td>\n | \n 341<\/b><\/p>\n<\/td>\n | \n 216<\/b><\/p>\n<\/td>\n | \n 557<\/b><\/p>\n<\/td>\n<\/tr>\n\n| \n \n\u00a0<\/p>\n<\/td>\n | \n %<\/b><\/p>\n<\/td>\n | \n %<\/b><\/p>\n<\/td>\n | \n %<\/b><\/p>\n<\/td>\n<\/tr>\n\n| \n \nAfrica and Middle East<\/p>\n<\/td>\n | \n \n63 %<\/p>\n<\/td>\n | \n \n3 %<\/p>\n<\/td>\n | \n \n40 %<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nAsia-Pacific<\/p>\n<\/td>\n | \n \n2 %<\/p>\n<\/td>\n | \n \n15 %<\/p>\n<\/td>\n | \n \n7 %<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nEurope<\/p>\n<\/td>\n | \n \n24 %<\/p>\n<\/td>\n | \n \n13 %<\/p>\n<\/td>\n | \n \n19 %<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nNorth America<\/p>\n<\/td>\n | \n \n10 %<\/p>\n<\/td>\n | \n \n68 %<\/p>\n<\/td>\n | \n \n33 %<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nSouth\/Latin America<\/p>\n<\/td>\n | \n \n1 %<\/p>\n<\/td>\n | \n \n1 %<\/p>\n<\/td>\n | \n \n1 %<\/p>\n<\/td>\n<\/tr>\n<\/table>\n \n\n| \n Revenue by Geographical Region for the Three Months Ended September 30, 2024 in $ millions*:<\/i><\/b><\/p>\n<\/td>\n<\/tr>\n\n | \n | \n | \n\u00a0<\/td>\n<\/tr>\n | \n | \n\n \n\u00a0<\/p>\n Betway<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n Spin<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n Total<\/b><\/p>\n<\/td>\n<\/tr>\n\n| \n \nAfrica and Middle East<\/p>\n<\/td>\n | \n \n164<\/p>\n<\/td>\n | \n \n1<\/p>\n<\/td>\n | \n \n165<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nAsia-Pacific<\/p>\n<\/td>\n | \n \n6<\/p>\n<\/td>\n | \n \n31<\/p>\n<\/td>\n | \n \n37<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nEurope<\/p>\n<\/td>\n | \n \n52<\/p>\n<\/td>\n | \n \n22<\/p>\n<\/td>\n | \n \n74<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nNorth America<\/p>\n<\/td>\n | \n \n37<\/p>\n<\/td>\n | \n \n124<\/p>\n<\/td>\n | \n \n161<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nSouth\/Latin America<\/p>\n<\/td>\n | \n \n4<\/p>\n<\/td>\n | \n \n2<\/p>\n<\/td>\n | \n \n6<\/p>\n<\/td>\n<\/tr>\n | \n| \n Total revenue<\/b><\/p>\n<\/td>\n | \n 263<\/b><\/p>\n<\/td>\n | \n 180<\/b><\/p>\n<\/td>\n | \n 443<\/b><\/p>\n<\/td>\n<\/tr>\n\n| \n \n\u00a0<\/p>\n<\/td>\n | \n %<\/b><\/p>\n<\/td>\n | \n %<\/b><\/p>\n<\/td>\n | \n %<\/b><\/p>\n<\/td>\n<\/tr>\n\n| \n \nAfrica and Middle East<\/p>\n<\/td>\n | \n \n63 %<\/p>\n<\/td>\n | \n \n1 %<\/p>\n<\/td>\n | \n \n38 %<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nAsia-Pacific<\/p>\n<\/td>\n | \n \n2 %<\/p>\n<\/td>\n | \n \n17 %<\/p>\n<\/td>\n | \n \n8 %<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nEurope<\/p>\n<\/td>\n | \n \n20 %<\/p>\n<\/td>\n | \n \n12 %<\/p>\n<\/td>\n | \n \n17 %<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nNorth America<\/p>\n<\/td>\n | \n \n14 %<\/p>\n<\/td>\n | \n \n69 %<\/p>\n<\/td>\n | \n \n36 %<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nSouth\/Latin America<\/p>\n<\/td>\n | \n \n1 %<\/p>\n<\/td>\n | \n \n1 %<\/p>\n<\/td>\n | \n \n1 %<\/p>\n<\/td>\n<\/tr>\n | \n | \n | \n | \n\u00a0<\/td>\n<\/tr>\n | \n| \n \n* The Group has adopted a change in presentation currency from Euros to USD at January 1, 2025. Accordingly, the comparative table has been re-presented retrospectively as outlined under the change in presentation currency note.<\/p>\n<\/td>\n<\/tr>\n<\/table>\n \n\n| \n Revenue by Geographical Region for the Nine Months Ended September 30, 2025 in $ millions:<\/i><\/b><\/p>\n<\/td>\n<\/tr>\n\n | \n | \n | \n\u00a0<\/td>\n<\/tr>\n | \n | \n\n \n\u00a0<\/p>\n Betway<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n Spin<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n Total<\/b><\/p>\n<\/td>\n<\/tr>\n\n| \n \nAfrica and Middle East<\/p>\n<\/td>\n | \n \n646<\/p>\n<\/td>\n | \n \n12<\/p>\n<\/td>\n | \n \n658<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nAsia-Pacific<\/p>\n<\/td>\n | \n \n21<\/p>\n<\/td>\n | \n \n87<\/p>\n<\/td>\n | \n \n108<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nEurope<\/p>\n<\/td>\n | \n \n231<\/p>\n<\/td>\n | \n \n81<\/p>\n<\/td>\n | \n \n312<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nNorth America<\/p>\n<\/td>\n | \n \n108<\/p>\n<\/td>\n | \n \n452<\/p>\n<\/td>\n | \n \n560<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nSouth\/Latin America<\/p>\n<\/td>\n | \n \n8<\/p>\n<\/td>\n | \n \n7<\/p>\n<\/td>\n | \n \n15<\/p>\n<\/td>\n<\/tr>\n | \n| \n Total revenue<\/b><\/p>\n<\/td>\n | \n 1,014<\/b><\/p>\n<\/td>\n | \n 639<\/b><\/p>\n<\/td>\n | \n 1,653<\/b><\/p>\n<\/td>\n<\/tr>\n\n| \n \n\u00a0<\/p>\n<\/td>\n | \n %<\/b><\/p>\n<\/td>\n | \n %<\/b><\/p>\n<\/td>\n | \n %<\/b><\/p>\n<\/td>\n<\/tr>\n\n| \n \nAfrica and Middle East<\/p>\n<\/td>\n | \n \n63 %<\/p>\n<\/td>\n | \n \n2 %<\/p>\n<\/td>\n | \n \n40 %<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nAsia-Pacific<\/p>\n<\/td>\n | \n \n2 %<\/p>\n<\/td>\n | \n \n14 %<\/p>\n<\/td>\n | \n \n7 %<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nEurope<\/p>\n<\/td>\n | \n \n23 %<\/p>\n<\/td>\n | \n \n13 %<\/p>\n<\/td>\n | \n \n19 %<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nNorth America<\/p>\n<\/td>\n | \n \n11 %<\/p>\n<\/td>\n | \n \n70 %<\/p>\n<\/td>\n | \n \n33 %<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nSouth\/Latin America<\/p>\n<\/td>\n | \n \n1 %<\/p>\n<\/td>\n | \n \n1 %<\/p>\n<\/td>\n | \n \n1 %<\/p>\n<\/td>\n<\/tr>\n<\/table>\n \n\n| \n Revenue by Geographical Region for the Nine Months Ended September 30, 2024 in $ millions:<\/i><\/b><\/p>\n<\/td>\n<\/tr>\n\n | \n | \n | \n\u00a0<\/td>\n<\/tr>\n | \n| \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n Betway<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n Spin<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n Total<\/b><\/p>\n<\/td>\n<\/tr>\n\n| \n \nAfrica and Middle East<\/p>\n<\/td>\n | \n \n481<\/p>\n<\/td>\n | \n \n2<\/p>\n<\/td>\n | \n \n483<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nAsia-Pacific<\/p>\n<\/td>\n | \n \n22<\/p>\n<\/td>\n | \n \n93<\/p>\n<\/td>\n | \n \n115<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nEurope<\/p>\n<\/td>\n | \n \n142<\/p>\n<\/td>\n | \n \n65<\/p>\n<\/td>\n | \n \n207<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nNorth America<\/p>\n<\/td>\n | \n \n113<\/p>\n<\/td>\n | \n \n361<\/p>\n<\/td>\n | \n \n474<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nSouth\/Latin America<\/p>\n<\/td>\n | \n \n11<\/p>\n<\/td>\n | \n \n11<\/p>\n<\/td>\n | \n \n22<\/p>\n<\/td>\n<\/tr>\n | \n| \n Total revenue<\/b><\/p>\n<\/td>\n | \n 769<\/b><\/p>\n<\/td>\n | \n 532<\/b><\/p>\n<\/td>\n | \n 1,301<\/b><\/p>\n<\/td>\n<\/tr>\n\n| \n \n\u00a0<\/p>\n<\/td>\n | \n %<\/b><\/p>\n<\/td>\n | \n %<\/b><\/p>\n<\/td>\n | \n %<\/b><\/p>\n<\/td>\n<\/tr>\n\n| \n \nAfrica and Middle East<\/p>\n<\/td>\n | \n \n62 %<\/p>\n<\/td>\n | \n \n0 %<\/p>\n<\/td>\n | \n \n37 %<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nAsia-Pacific<\/p>\n<\/td>\n | \n \n3 %<\/p>\n<\/td>\n | \n \n18 %<\/p>\n<\/td>\n | \n \n9 %<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nEurope<\/p>\n<\/td>\n | \n \n19 %<\/p>\n<\/td>\n | \n \n12 %<\/p>\n<\/td>\n | \n \n16 %<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nNorth America<\/p>\n<\/td>\n | \n \n15 %<\/p>\n<\/td>\n | \n \n68 %<\/p>\n<\/td>\n | \n \n36 %<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nSouth\/Latin America<\/p>\n<\/td>\n | \n \n1 %<\/p>\n<\/td>\n | \n \n2 %<\/p>\n<\/td>\n | \n \n2 %<\/p>\n<\/td>\n<\/tr>\n<\/table>\n \n\n| \n Revenue by product line for the Three Months Ended September 30, 2025 in $ millions:<\/i><\/b><\/p>\n<\/td>\n<\/tr>\n\n | \n | \n | \n\u00a0<\/td>\n<\/tr>\n | \n| \n \n\u00a0<\/p>\n<\/td>\n | \n Betway<\/b><\/p>\n<\/td>\n | \n Spin<\/b><\/p>\n<\/td>\n | \n Total<\/b><\/p>\n<\/td>\n<\/tr>\n\n| \n \nOnline casino1<\/sup><\/p>\n<\/td>\n| \n \n243<\/p>\n<\/td>\n | \n \n216<\/p>\n<\/td>\n | \n \n459<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nSports betting1<\/sup><\/p>\n<\/td>\n| \n \n91<\/p>\n<\/td>\n | \n \n\u2014<\/p>\n<\/td>\n | \n \n91<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nBrand licensing2<\/sup><\/p>\n<\/td>\n| \n \n6<\/p>\n<\/td>\n | \n \n\u2014<\/p>\n<\/td>\n | \n \n6<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nOther3<\/sup><\/p>\n<\/td>\n| \n \n1<\/p>\n<\/td>\n | \n \n\u2014<\/p>\n<\/td>\n | \n \n1<\/p>\n<\/td>\n<\/tr>\n | \n| \n Total revenue<\/b><\/p>\n<\/td>\n | \n 341<\/b><\/p>\n<\/td>\n | \n 216<\/b><\/p>\n<\/td>\n | \n 557<\/b><\/p>\n<\/td>\n<\/tr>\n<\/table>\n\n\n| \n Revenue by product line for the Three Months Ended September 30, 2024 in $ millions:<\/i><\/b><\/p>\n<\/td>\n<\/tr>\n\n | \n | \n | \n\u00a0<\/td>\n<\/tr>\n | \n| \n \n\u00a0<\/p>\n<\/td>\n | \n Betway<\/b><\/p>\n<\/td>\n | \n Spin<\/b><\/p>\n<\/td>\n | \n Total<\/b><\/p>\n<\/td>\n<\/tr>\n\n| \n \nOnline casino1<\/sup><\/p>\n<\/td>\n| \n \n183<\/p>\n<\/td>\n | \n \n180<\/p>\n<\/td>\n | \n \n363<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nSports betting1<\/sup><\/p>\n<\/td>\n| \n \n74<\/p>\n<\/td>\n | \n \n\u2014<\/p>\n<\/td>\n | \n \n74<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nBrand licensing2<\/sup><\/p>\n<\/td>\n| \n \n4<\/p>\n<\/td>\n | \n \n\u2014<\/p>\n<\/td>\n | \n \n4<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nOther3<\/sup><\/p>\n<\/td>\n| \n \n2<\/p>\n<\/td>\n | \n \n\u2014<\/p>\n<\/td>\n | \n \n2<\/p>\n<\/td>\n<\/tr>\n | \n| \n Total revenue<\/b><\/p>\n<\/td>\n | \n 263<\/b><\/p>\n<\/td>\n | \n 180<\/b><\/p>\n<\/td>\n | \n 443<\/b><\/p>\n<\/td>\n<\/tr>\n<\/table>\n\n\n| \n Revenue by product line for the Nine Months Ended September 30, 2025 in $ millions:<\/i><\/b><\/p>\n<\/td>\n<\/tr>\n\n | \n | \n | \n\u00a0<\/td>\n<\/tr>\n | \n| \n \n\u00a0<\/p>\n<\/td>\n | \n Betway<\/b><\/p>\n<\/td>\n | \n Spin<\/b><\/p>\n<\/td>\n | \n Total<\/b><\/p>\n<\/td>\n<\/tr>\n\n| \n \nOnline casino1<\/sup><\/p>\n<\/td>\n| \n \n678<\/p>\n<\/td>\n | \n \n639<\/p>\n<\/td>\n | \n \n1,317<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nSports betting1<\/sup><\/p>\n<\/td>\n| \n \n313<\/p>\n<\/td>\n | \n \n\u2014<\/p>\n<\/td>\n | \n \n313<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nBrand licensing2<\/sup><\/p>\n<\/td>\n| \n \n18<\/p>\n<\/td>\n | \n \n\u2014<\/p>\n<\/td>\n | \n \n18<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nOther3<\/sup><\/p>\n<\/td>\n| \n \n5<\/p>\n<\/td>\n | \n \n\u2014<\/p>\n<\/td>\n | \n \n5<\/p>\n<\/td>\n<\/tr>\n | \n| \n Total revenue<\/b><\/p>\n<\/td>\n | \n 1,014<\/b><\/p>\n<\/td>\n | \n 639<\/b><\/p>\n<\/td>\n | \n 1,653<\/b><\/p>\n<\/td>\n<\/tr>\n<\/table>\n\n\n| \n Revenue by product line for the Nine Months Ended September 30, 2024 in $ millions *:<\/i><\/b><\/p>\n<\/td>\n<\/tr>\n\n | \n | \n | \n\u00a0<\/td>\n<\/tr>\n | \n| \n \n\u00a0<\/p>\n<\/td>\n | \n Betway<\/b><\/p>\n<\/td>\n | \n Spin<\/b><\/p>\n<\/td>\n | \n Total<\/b><\/p>\n<\/td>\n<\/tr>\n\n| \n \nOnline casino1<\/sup><\/p>\n<\/td>\n| \n \n501<\/p>\n<\/td>\n | \n \n531<\/p>\n<\/td>\n | \n \n1,032<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nSports betting1<\/sup><\/p>\n<\/td>\n| \n \n244<\/p>\n<\/td>\n | \n \n\u2014<\/p>\n<\/td>\n | \n \n244<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nBrand licensing2<\/sup><\/p>\n<\/td>\n| \n \n16<\/p>\n<\/td>\n | \n \n\u2014<\/p>\n<\/td>\n | \n \n16<\/p>\n<\/td>\n<\/tr>\n | \n| \n \nOther3<\/sup><\/p>\n<\/td>\n| \n \n8<\/p>\n<\/td>\n | \n \n1<\/p>\n<\/td>\n | \n \n9<\/p>\n<\/td>\n<\/tr>\n | \n| \n Total revenue<\/b><\/p>\n<\/td>\n | \n 769<\/b><\/p>\n<\/td>\n | \n 532<\/b><\/p>\n<\/td>\n | \n 1,301<\/b><\/p>\n<\/td>\n<\/tr>\n\n | \n | \n | \n\u00a0<\/td>\n<\/tr>\n | \n| \n 1<\/sup> Sports betting and online casino revenues are not within the scope of IFRS 15 \u2018Revenue from Contracts with Customers\u2019 and are treated as derivatives under IFRS 9 \u2018Financial Instruments\u2019.<\/p>\n<\/td>\n<\/tr>\n\n| \n 2<\/sup> Brand licensing revenues are within the scope of IFRS 15 \u2018Revenue from Contracts with Customers\u2019.<\/p>\n<\/td>\n<\/tr>\n\n| \n 3 <\/sup>Other relates to profit share, royalties and outsource fees from external customers.<\/p>\n<\/td>\n<\/tr>\n\n| \n \n* The Group has adopted a change in presentation currency from Euros to USD at January 1, 2025. Accordingly, the comparative table has been re-presented retrospectively as outlined under the change in presentation currency note.<\/p>\n<\/td>\n<\/tr>\n<\/table>\n Non-GAAP Financial Information<\/b><\/p>\n \nThis press release includes non-GAAP financial information not presented in accordance with the International Financial Reporting Standards (\u201cIFRS\u201d) as issued by the International Accounting Standards Board.<\/p>\n \nEBITDA, Adjusted EBITDA, Adjusted EBITDA ex-US, Adjusted EBITDA US are non-GAAP company-specific performance measures that Super Group (“the Group”) uses to supplement the Company\u2019s results presented in accordance with IFRS. EBITDA is defined as profit before depreciation, amortization, finance income, finance expense and income tax expense. Adjusted EBITDA is EBITDA adjusted for RSU expense, change in fair value of options, unrealized foreign exchange, gain on disposal of business and other adjustments. Adjusted EBITDA ex-US is Adjusted EBITDA relating to the rest of the Group, excluding Digital Gaming Corporation (\u201cDGC\u201d). Adjusted EBITDA US is Adjusted EBITDA relating to DGC.<\/p>\n \nSuper Group believes that these non-GAAP measures are useful in evaluating the Company\u2019s operating performance as they provide additional perspective on the financial performance of our core business, are similar to measures reported by the Company\u2019s public competitors and are regularly used by securities analysts, institutional investors and other interested parties in analyzing operating performance and prospects.<\/p>\n \nManagement does not consider these non-GAAP measures in isolation or as an alternative to financial measures determined in accordance with IFRS. The principal limitation of these non-GAAP financial measures is that they exclude significant expenses that are required by IFRS to be recorded in Super Group\u2019s financial statements. In order to compensate for these limitations, management presents non-GAAP financial measures together with IFRS results. Non-GAAP measures should be considered in addition to results and guidance prepared in accordance with IFRS, but should not be considered a substitute for, or superior to, IFRS results.<\/p>\n \nReconciliation tables of the most comparable IFRS financial measure to the non-GAAP financial measures used in this press release, and supplemental materials are included below. Super Group urges investors to review the reconciliation and not to rely on any single financial measure to evaluate its business. In addition, other companies, including companies in our industry, may calculate similarly named non-GAAP measures differently than we do, which limits their usefulness in comparing our financial results with theirs.<\/p>\n Change in presentation currency <\/b>The Group adopted a change in presentation currency from Euros to USD effective as at January 1, 2025. Accordingly, the comparatives set out herein have been re-presented retrospectively as if the new presentation currency had always been the presentation currency. Assets and liabilities previously reported in Euros have been converted to USD as at December 31, 2024, using the period end foreign exchange rates of the underlying functional currency of the respective subsidiaries within the Group. Items within the statement of Profit or Loss and Other Comprehensive Income previously reported in Euros have been converted to USD from the functional currency of the respective subsidiaries within the Group using the average monthly foreign exchange rates at the date of the transaction.<\/p>\n \nHistoric equity transactions were converted at the average monthly foreign exchange rates at the date of the transactions and were subsequently carried at the historic value. The results presented are unaudited.<\/p>\n | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |