Super Group Q4 2024 Earnings Report
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 Revenue
Super Group EPS
Super Group Revenue by Segment
Super Group Revenue by Geographic Location
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