Stability reigns supreme at Super Group (SGHC) after the Betway and Spin parent hit its targets and reported upticks across-all-metrics in FY25.
Following its pull-out from the United States, Super Group clocked revenue of US$2.2 billion (£1.63bn) for the year ended 31 December 2025, compared to US$1.8 billion (£1.33bn) in FY24.
Driven by growth in Europe, Canada and Africa, pre-tax profit for FY25 was US$355.9 million (£263.82m) and US$95.1 million (£70.49m) for the fourth quarter.
Super Group’s Adjusted EBITDA totalled US$559.5 million (£414.7m) in 2025, compared to US$356.8 million (£264.45m) the previous year.
Monthly average customers reached 6.1 million in Q4, up 16 percent, year-on-year.
iGaming revenue for Q4 last year rose by eight percent to US$578.3 million (£428.61m) and Adjusted EBITDA rose to US$139 million (£103.01m), compared to US$125.9 million (£93.31m) in the same quarter in 2024.
Sharpened Focus
“2025 was a standout year for Super Group,” affirmed Super Group CEO Neal Menashe in the financial report.
“We sharpened our focus by exiting the U.S. iGaming market and concentrating resources in countries where we expect durable advantages – driving record customer growth.
“Despite some unfavorable sports outcomes late in the quarter, Q4 was another record-breaking period for monthly active customers, wagers and deposits.
Added Super Group CFO Alinda Van Wyk: “Financially, 2025 demonstrated the strength and scalability of [our] model.
“Revenue grew 22 percent year-over-year to US$2.2 billion and Adjusted EBITDA surged 57 percent to US$560 million, representing an impressive margin of around 25 percent.
“We continue to maintain a strong balance sheet, closing the year with US$513 million in cash.
“This liquidity supported US$156 million in shareholder returns in 2025, and an additional US$125 million special dividend declared this January and paid in February.”
Dividend
The iGaming group confirmed an increase to its annual dividend programme target from 16.0 cents to a minimum of 20.0 cents per share in 2026, subject to board approval and other capital allocation considerations.
The board has declared a first quarterly dividend of 5.0 cents per share, payable on 31 March 2026 to shareholders of record as of 16 March 2026.
Looking ahead, Super Group has issued full-year 2026 guidance projecting total revenue of more than US$2.55 billion (£1.89bn) and Adjusted EBITDA of more than US$680 million (£504.2m), indicating expected double-digit growth across both metrics.
