In FY 2025, Super Group saw a revenue growth of 22% and generated over $2.2 billion in full-year revenue; however, Q4 results ended “below expectations” despite an 8% year-on-year increase to $578 million in revenue. In Q4, adjusted EBITDA reached $139 million, up from the $125.9 in 2024. On the other hand, profit before tax
In FY 2025, Super Group saw a revenue growth of 22% and generated over $2.2 billion in full-year revenue; however, Q4 results ended “below expectations” despite an 8% year-on-year increase to $578 million in revenue.
In Q4, adjusted EBITDA reached $139 million, up from the $125.9 in 2024. On the other hand, profit before tax fell to $95.1 million from $103.3 million in 2024.
Super Group’s Q4 growth was mostly the result of a 23% year-on-year increase in Europe, with the UK recording a 37% revenue increase. Africa’s Q4 revenue rose by 7%, while North America ex-U.S. revenue increased by 10%.
Regarding sports betting and online casino performance, ex-U.S. online casino revenue increased 19% to $473 million, with Europe’s Q4 revenue increasing by 33%, Africa by 28%, and Canada by 11%. The UK was specifically highlighted with a 41% online casino revenue increase.
CEO Neal Menashe commented:
“Despite some unfavourable sports outcomes late in the quarter, Q4 was another record-breaking period for monthly active customers, wagers and deposits.”
The unfavorable sports betting results refer to ex-U.S. sports betting revenue dropping 20% to $95 million, which the company linked to the decline in customer-friendly sports outcomes in December 2025.
In 2026, the company aims to generate a total revenue of at least $2.55 billion, which would mark a 15% year-on-year increase, while adjusted EBITDA is expected to reach $680 million.