Super Group the parent company of Betway, a leading online sports betting and gaming business, and Spin, the multi-brand online casino, today announced its fourth quarter and full year 2025 unaudited consolidated financial results.

Quarterly revenue increased by 8% to $578.3 million for the fourth quarter of 2025 from $533.3 million in 2024, driven by growth from Europe, Africa, North America (largely due to Canada Ex-Ontario) and APAC markets.

Profit before tax for the fourth quarter of 2025 was $95.1 million compared to a profit before tax of $103.3 million in 2024.

Full year revenue increased by $396.8 million to approximately $2.2 billion for 2025 from $1.8 billion in 2024, driven by strong growth in Africa and the successful launch of Botswana, Europe (largely due to the United Kingdom), North America (largely due to Canada Ex-Ontario), with partial offsets due to declines from South/Latin America and APAC markets.

Profit before tax was $355.9 million for 2025 compared to $203.8 million in 2024. Adjusted EBITDA, a non-GAAP financial measure, was $559.5 million for 2025 compared to $356.8 million in 2024. The measure for 2025 comprised Adjusted EBITDA ex-US of $573.5 million and an Adjusted EBITDA loss of $14.0 million in the U.S.

Monthly Average Customers for 2025 were 5.6 million compared to 4.8 million in 2024 a 17% increase.

Neal Menashe, Chief Executive Officer of Super Group, commented: “2025 was a standout year for Super Group. We sharpened our focus by exiting the U.S. iGaming market and concentrating resources in countries where we expect durable advantages – driving record customer growth. Despite some unfavorable sports outcomes late in the quarter, Q4 was another record-breaking period for monthly active customers, wagers, and deposits. Importantly, we received the final regulatory approval for the Apricot transaction, paving the way to strengthen our ex-Africa sportsbook technology platform and position the business well for the years ahead.”

Alinda van Wyk, Chief Financial Officer of Super Group, stated: “Financially, 2025 demonstrated the strength and scalability of Super Group’s model. Revenue grew 22% year-over-year to $2.2 billion and Adjusted EBITDA surged 57% to $560 million, representing an impressive margin of around 25%. We continue to maintain a strong balance sheet, closing the year with $513 million in cash. This liquidity supported $156 million in shareholder returns in 2025, and an additional $125 million special dividend declared this January and paid in February. For 2026, we are introducing guidance with total revenue of at least $2.55 billion and Adjusted EBITDA in excess of $680 million, while raising our quarterly dividends by a minimum of 25% to 5.0 cents per share.

These targets reflect our continued customer momentum, operating leverage, and disciplined capital allocation strategy.”