Super Group Posts Record Q2 Revenue of $684M, Raises Full-Year Guidance
SGHC sits 67% above its 52-week low of $8.46.
Summary
Super Group delivered record Q2 results with revenue up 18% to $684M and profit of $123M, swinging from a loss a year ago. Adjusted EBITDA jumped 30% to $204M, driven by strong Africa and International segments. The company raised full-year guidance to over $2.6B in revenue and $710M in Adjusted EBITDA, reflecting confidence in sustained momentum. A landmark partnership with Manchester United was also announced, strengthening its global brand presence. Cash position remains robust at $548M after returning $25M to shareholders. This follows the Q1 record results and recent shareholder approval of a significant buyback program, reinforcing a pattern of strong execution and capital returns.
At the time of this announcement, SGHC was trading at $14.09 on NYSE in the Trade & Services sector, with a market capitalization of approximately $7.1B. The 52-week trading range was $8.46 to $15.86. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: BusinessWire.