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Dec 31, 2024
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Super Group Q4 2024 Earnings Report
Super Group achieved record Q4 2024 revenue and strong profitability.
Key Takeaways
Super Group delivered record revenue of €500 million in Q4 2024, reflecting a 39% year-over-year growth. Profit before tax reached €96.8 million, a strong turnaround from a loss in the prior year. Adjusted EBITDA surged to €118.1 million, driven by operational efficiency and higher customer engagement. The company also increased its quarterly dividend target.
Q4 2024 revenue increased by 39% year-over-year to €500 million.
Profit before tax reached €96.8 million, reversing a loss in Q4 2023.
Adjusted EBITDA jumped to €118.1 million, a significant improvement from €33.6 million in Q4 2023.
Monthly active customers grew 12% to 5.3 million.
Super Group
Super Group
Super Group Revenue by Geographic Location
Revenue by Geographic Location
Africa and Middle East Revenue
CapyFin.comEurope Revenue
CapyFin.comNorth America Revenue
CapyFin.com Forward Guidance
Super Group expects double-digit growth in total revenue and Adjusted EBITDA for 2025, with strong expansion outside the US. The company will continue optimizing costs and improving profitability while maintaining a disciplined marketing approach.
Positive Outlook
- Projected total revenue above €1.915 billion in 2025.
- Expected Adjusted EBITDA exceeding €400 million.
- Ex-US revenue projected to exceed €1.83 billion.
- Increase in quarterly dividend target to 4.0 cents per share.
- Strong customer engagement trends continuing into 2025.
Challenges Ahead
- US operations expected to remain unprofitable, with an Adjusted EBITDA loss of €30-35 million.
- Macroeconomic uncertainties may impact discretionary consumer spending.
- Regulatory changes in key markets could affect profitability.
- Foreign exchange fluctuations could influence reported results.
- Higher marketing spend needed to sustain customer acquisition momentum.
Revenue & Expenses
Visualization of income flow from segment revenue to net income