Tag Archives: Alinda van Wyk

Super Group has declared ‘exceptional trading’ to post its highest ever revenue and adjusted EBITDA results. The NYSE online gambling group filed its Q2 2024 accounts, generating all-time high revenues of €414 million, up 9% compared to the 2023 figures of €380 million. Peak revenue results were achieved despite the Betway brand’s exit from the US markets, as group accounts …

Super Group has revealed that it has started the year with increased revenue driven by strong tailwinds across Africa and Canada.  Diving into its Q1 earnings call, the NYSE-listed tech company reported a 12% increase in revenue to €379.3m from the €338.5m for the previous corresponding period.  In the call, Neal Menashe, CEO of Super Group, labelled the result as …

Super Group states that it has overcome a challenging 2023, in which its corporate performance was dragged down by US-specific impairments impacting profitability. This afternoon, the parent company of Betway and Spin brands published its Q4 and full-year 2023 preliminary results, concluding by declaring its “highest ever total revenue for a fourth quarter of €359m,” a 9% increase on 2022 …

Super Group has provided comments on the company’s 2023 performance, expressing optimism about further growth in the year ahead. The parent company of Betway and Spin, Super Group closed the year strong and reiterated its 2023 ex-US financial guidance of revenue of €1.35bn and operational EBITDA of at least €240m. Speaking in advance of the Needham Growth Conference on 16 …

Growth continued for Betway and Spin parent company Super Group across all geographic frontiers except for the Asia-Pacific region during third quarter trading. Overall group-wide revenue from across the company’s global business was recorded at €356.9m at the quarter’s end, up 16% from €307.8m in Q3 2022 although the group noted that growth potential had been offset. Operational EBITDA also …

Super Group, the parent company of the Betway and Spin brands, has said it remains focused on ‘future growth opportunities’ to strengthen its commercial profile across multiple jurisdictions in its newly posted financial results for Q2 2023. The NYSE-listed online gambling group revealed a rise of 19% in corporate revenues to €380.8m (Q2 2022: €308.6m), citing accelerated growth across Africa, …

Super Group Inc, stands by its global growth strategy despite witnessing a performance slowdown in North America and Asia during Q1 trading.  The parent company of Betway and Spin brand recorded a 1% increase in Q1 2023 revenues to €338m (Q12022: €334m). The slowdown in revenues was primarily attributed to a 13% decrease in North American income to €130m, due …

Super Group Inc cites that it has matched its revised 2022 corporate expectations, having completed its first full-year as an NYSE-listed enterprise.  This afternoon, the parent company of Betway and Spin brands published its Q4 and FY2022 results, in which the company reported a fourth-quarter revenue decline of 3% to €329m (Q42021: €341m). The decline in period revenues was primarily …

 Super Group Inc (SGHC) continues to navigate against macro headwinds impacting the performance of its flagship Betway and Spin brands across global jurisdictions. Publishing its Q3 trading update, the NYSE online gambling group registered corporate revenues of €308m, down 2% on 2021 comparative results of €312m. The decline in headline revenues was primarily attributed to the slowdown of the Spin …

Super Group Inc (SHGC), the parent company of Betway and Spin brands, has praised its diverse geographic make-up as a clear factor in overcoming challenging macroeconomic headwinds bearing down on gambling markets.    Completing its second quarter as an NYSE-listed enterprise, SGHC registered Q2 group revenues of €320m, down 10% on 2021 comparative results of €355m. The slowdown in Q2 headline …