Super Group lifts guidance after record second quarter
Super group has reported revenue in the three months ended June 30 rose to $684 million from $579 million a year earlier. The company raised full-year revenue guidance to at least $2.6 billion from the prior forecast of least $2.55 billion.
Profit for the period was $123 million for the second quarter of 2026. In comparison, loss for the period for the second quarter of 2025 was $3 million and included a non-cash charge of $63.9 million related to the impairment of Digital Gaming Corporation Limited (“DGC”) iGaming related assets and $22.6 million relating to onerous contracts.
Adjusted EBITDA, a non-GAAP financial measure, increased by 30% to $204 million for the second quarter of 2026 compared to $157 million in the second quarter of 2025.
Neal Menashe, Chief Executive Officer of Super Group, commented: “The second quarter generated record performance across Super Group, marking all-time highs in Revenue, Adjusted EBITDA, deposits and wagering. While we maximized the commercial boost from the FIFA World Cup, these results once again demonstrate the core strength of our casino-led, diversified business model, disciplined execution, and highly durable customer base.
In tandem with this momentum, we secured Betway’s landmark partnership with Manchester United, further strengthening our global presence and growth ambitions. As we continue to invest in our brands, products, and technology, we remain confident in our ability to compound value for our shareholders.”
Alinda van Wyk, Chief Financial Officer of Super Group, stated: “The quality of our business continues to be demonstrated in our financial performance, as we delivered another quarter of record revenue, profitability and cash generation. Revenue reached $684 million, an increase of 18% compared to the same period last year.
Adjusted EBITDA increased 30% to $204 million with margin expanding to 30%. We ended the quarter with $548 million in cash, even after returning $25 million to shareholders during the quarter. Reflecting our confidence in the business, we are raising our full-year 2026 guidance to be greater than $2.6 billion of Total Revenue and more than $710 million of Adjusted EBITDA. This underscores our strong operational performance, disciplined market expansion, and the inherent leverage of our platform.”