Loading...
•
Sep 30
Super Group Q3 2025 Earnings Report
Super Group reported strong Q3 2025 results, with substantial increases in revenue and profitability, record engagement levels, and raised full-year guidance.
Key Takeaways
Super Group delivered a strong quarter with revenue reaching $556.9 million and profit of $95.8 million, supported by growth across Africa, Europe, and North America. Adjusted EBITDA rose 65% year-over-year, and the company raised its full-year revenue and EBITDA guidance.
Q3 2025 revenue was $556.9 million, up 26% YoY, driven by Africa, Europe, and North America.
Net income rose to $95.8 million, a significant increase from $10.3 million in Q3 2024.
Adjusted EBITDA totaled $152.1 million, with $149.2 million ex-US and $2.9 million from the US.
Monthly active customers reached a record 5.5 million, up 18% YoY.
Super Group
Super Group
Super Group Revenue by Segment
Super Group Revenue by Geographic Location
Revenue by Segment
Online Casino Revenue
CapyFin.comSports Betting Revenue
CapyFin.comBrand Licensing Revenue
CapyFin.comOther Revenue
CapyFin.comRevenue by Geographic Location
Africa Revenue
CapyFin.comAsia-Pacific Revenue
CapyFin.comEurope Revenue
CapyFin.comNorth America Revenue
CapyFin.comSouth/Latin America Revenue
CapyFin.com Forward Guidance
Super Group raised its full-year 2025 revenue and adjusted EBITDA guidance based on strong momentum and market execution.
Positive Outlook
- Full-year revenue guidance increased to $2.17–$2.27 billion.
- Adjusted EBITDA guidance increased to $555–$565 million.
- Strong growth in core regions including Africa, Europe, and North America.
- Record high of 5.5 million monthly active users in Q3.
- Robust cash position of $461.9 million supports strategic flexibility.
Challenges Ahead
- Revenue declines reported in South/Latin America compared to last year.
- U.S. operations contributed a small fraction of EBITDA ($2.9M of $152.1M).
- Marketing and direct expenses remain high at $371 million for the quarter.
- Diluted EPS still under $0.20 despite large YoY profit increase.
- No explicit GAAP EPS or detailed cost of revenue breakdown provided.