Financial Data and Key Metrics Changes - The combined group achieved a record first quarter total revenue of $517 million, growing 25% year over year [9] - Total combined adjusted EBITDA also reached a record of $111 million, increasing by 120% year over year with a combined margin of approximately 22% [9] - The marketing ratio was maintained at 26% of net revenue, indicating a strategic focus on reinvestment for growth [9] Business Line Data and Key Metrics Changes - Sports betting revenue grew by 7% year over year, while casino revenue increased by 23% year over year [9] - Adjusted EBITDA excluding the U.S. grew by 62% to $121 million with a margin of 24% [10] - In Africa, casino and sports revenue surged by 3138% year over year, driven by growth in customer base and strong brand presence [11] Market Data and Key Metrics Changes - Africa's revenue grew by 54% year over year, with significant contributions from South Africa, Ghana, Malawi, and the successful launch in Botswana [11] - Europe saw a 53% year-over-year increase, with the UK revenue up by 87% due to strong growth from Jackpot City and Betway [12] - APAC experienced a decline of 13% year over year, primarily due to currency weakness and the closure of non-performing markets [13] Company Strategy and Development Direction - The company is focused on enhancing technology and product offerings while maintaining a disciplined cost structure to drive sustainable margin expansion [14] - The U.S. iGaming business is progressing with plans for breakeven expected in 2027, and the introduction of new brands like Spin Palace Casino [15] - The company is preparing for potential market entries in Alberta and other regions, leveraging lessons learned from previous launches [27][50] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the growth potential across various markets, highlighting the importance of product localization and effective marketing strategies [33][35] - The company remains optimistic about the second quarter, indicating strong performance across all regions [19] - Management emphasized the need to navigate regulatory environments and the impact of black market competition on overall revenue [83] Other Important Information - The company ended the quarter with unrestricted cash of $351 million and no debt, highlighting a strong balance sheet [16] - A minimum quarterly dividend target of $0.04 per share was declared, resulting in $20 million returned to shareholders [17] - The company plans to maintain its guidance for the fiscal year, with revenue expectations exceeding $2 billion [18] Q&A Session Summary Question: What is working in sports betting and how does the company view competition in the U.S.? - Management highlighted product development and effective marketing as key drivers of engagement, noting that 80% of the business is casino-related [21][24] Question: How does the company plan to approach the Alberta market? - Management indicated that Alberta's legalization might occur in late 2026, and they are prepared to apply lessons learned from Ontario [27] Question: What is the growth outlook for Africa and the competitive landscape in Nigeria? - Management noted significant growth potential in Africa, with Nigeria requiring product localization to improve performance [35][36] Question: How does Jackpot City differentiate itself in the market? - Management explained that Jackpot City resonates well with customers due to its established brand presence and effective marketing strategies [39] Question: What is the company's strategy regarding new market entries and potential M&A? - Management confirmed a focus on organic growth while remaining open to acquisitions that align with their strategic goals [90][92]

Financial Data and Key Metrics Changes - The combined group achieved a record first quarter total revenue of $517 million, growing 25% year over year [9] - Adjusted EBITDA also reached a record of $111 million, increasing by 120% year over year, with a combined margin of approximately 22% [9] - Total revenue excluding the U.S. was $502 million, growing 24% year over year, while adjusted EBITDA excluding the U.S. grew 62% to $121 million with a margin of 24% [10] Business Line Data and Key Metrics Changes - Sports betting revenue increased by 7% year over year, while casino revenue grew by 23% year over year [9] - In Africa, revenue grew by 54% year over year, with casino and sports up 31% and 38% respectively [11] - Europe saw a 53% year-over-year increase, with the UK up 87% and Spain up 20% [12] Market Data and Key Metrics Changes - Canada grew 13% year over year, with Ontario up 2% and the rest of Canada up 16% [12] - APAC was down 13% year over year due to currency weakness and market closures, with New Zealand showing a 7% decline in dollar terms [13] Company Strategy and Development Direction - The company is focused on enhancing technology and product offerings while maintaining a disciplined cost structure to drive sustainable margin expansion [14] - The U.S. iGaming business is progressing with plans for breakeven expected in 2027, and the introduction of new brands like Spin Palace Casino [15][16] - The company is maintaining its guidance for fiscal year group revenue of greater than $2 billion and adjusted EBITDA of greater than $421 million [17] Management's Comments on Operating Environment and Future Outlook - Management expressed satisfaction with the progress in the U.S. market and highlighted the importance of product and marketing efficiencies [21][24] - The company sees significant growth potential in Africa, particularly in new markets like Botswana, Nigeria, and others [30][32] - Management emphasized the importance of maintaining a strong marketing budget to compete effectively in various markets [58] Other Important Information - The company ended the quarter with unrestricted cash of $351 million and no debt, highlighting a strong free cash flow profile [16] - A quarterly dividend of $0.04 per share was declared, resulting in $20 million paid to shareholders [16] Q&A Session Summary Question: What is working in sports betting and how does the company view competition in the U.S.? - The company highlighted product development and effective marketing as key drivers of engagement, noting that 80% of the business is casino-related [21][22][24] Question: How does the company plan to approach the Alberta market? - The company plans to apply lessons learned from the Ontario launch and is prepared for potential regulatory changes [26] Question: What is the growth outlook for Africa and the competitive landscape in Nigeria? - Management noted strong growth across various African markets and emphasized the need for localized products in Nigeria [30][32] Question: How does the company differentiate its brands like Jackpot City? - Jackpot City has a strong brand presence and resonates well with customers, differentiating it from other offerings [35] Question: What is the company's strategy regarding new market entries and potential M&A? - The company is open to both organic growth and acquisitions, emphasizing the need for the right fit and pricing [86]

Financial Performance - Total Group Revenue reached $517 million, a 25% year-over-year increase[14] - Group Adjusted EBITDA hit a record $111 million for the first quarter, showing a 120% year-over-year growth and a 22% margin[14] - Ex-US Adjusted EBITDA increased by 62% year-over-year to $121 million, with a margin of 24%[50] - US Adjusted EBITDA showed a loss of $9.8 million[18] Customer Base and Operations - Average Unique Monthly Active Customers reached a new high of 5.4 million, a 15% year-over-year increase[16] - The company successfully completed the migration to Spin Palace Casino from Betway in the US[16] - The company maintains a debt-free balance sheet with $351 million in unrestricted cash as of March 31, 2025[16,18] Revenue Breakdown - Net Revenue by geography shows continued global diversification, with Americas at 36%, Africa at 39%, Europe at 19%, and RoW at 6%[24] - Sportsbook Gross Revenue Margin increased by 270bps year-over-year, reaching 138% in 1Q 2025 compared to 111% in 1Q 2024[33] Expenses - Marketing costs accounted for 26% of Net Revenue[61] - G&A Expenses accounted for 16% of Net Revenue[61] Guidance - The company projects Total Revenue to exceed $2014 billion and Adjusted EBITDA to exceed $421 million for 2025[65]

[Q1 2025 Financial and Operational Highlights](index=1&type=section&id=Super%20Group%20Reports%20Financial%20Results%20for%20First%20Quarter%20of%202025) Super Group achieved record Q1 2025 revenue and Adjusted EBITDA, driven by strong operational performance and customer growth [Overall Performance Summary](index=1&type=section&id=Financial%20Highlights%3A) Super Group achieved record Q1 2025 revenue of **$516.8 million**, with **120% Adjusted EBITDA growth** and increased active customers | Financial Metric | Q1 2025 | Q1 2024 | Change | | :--- | :--- | :--- | :--- | | Revenue | $516.8M | $411.9M | +25% | | Profit for the period | $59.4M | $44.6M | +33% | | Adjusted EBITDA | $111.1M | $50.4M | +120% | | Monthly Active Customers | 5.3M | 4.7M | +14% | - CEO Neal Menashe attributed the **record first-quarter revenue** to strong sports betting margins, consistent casino margins, and effective customer acquisition and retention strategies[3](index=3&type=chunk) - The company's balance sheet remains strong with **$351.0 million** in unrestricted cash, even after paying **$95.7 million** in dividends during the quarter[3](index=3&type=chunk)[6](index=6&type=chunk) - Effective January 1, 2025, the company **changed its presentation currency from Euros to US dollars** to enhance comparability with US-listed peers. Comparative figures have been restated[5](index=5&type=chunk)[8](index=8&type=chunk) [Financial Performance Analysis](index=3&type=section&id=Financial%20Performance%20Analysis) The company's Q1 2025 financial performance was driven by strong revenue growth across key regions and product lines [Revenue by Geography](index=3&type=section&id=Revenue%20by%20Geographical%20Region%20for%20the%20Three%20Months%20Ended%20March%2031%2C%202025%20in%20%24%20millions%3A) In Q1 2025, revenue growth was primarily driven by the Africa & Middle East and Europe regions, with Africa & Middle East becoming the largest region by revenue at 39% of the total | Region | Q1 2025 Revenue ($M) | Q1 2024 Revenue ($M) | YoY Change | | :--- | :--- | :--- | :--- | | Africa and Middle East | 203 | 151 | +34.4% | | North America | 181 | 153 | +18.3% | | Europe | 96 | 63 | +52.4% | | Asia-Pacific | 32 | 38 | -15.8% | | South/Latin America | 5 | 7 | -28.6% | | **Total** | **517** | **412** | **+25.5%** | - **Growth was driven by Africa, Europe, and North America** (predominantly Canada), which was partially offset by declines in LATAM, Middle East, and Asia-Pacific markets[6](index=6&type=chunk) - **Betway is the primary revenue driver in Africa & Middle East and Europe**, while **Spin dominates in North America**[9](index=9&type=chunk) [Revenue by Product](index=5&type=section&id=Revenue%20by%20product%20line%20for%20the%20Three%20Months%20Ended%20March%2031%2C%202025%20in%20%24%20millions%3A) Online Casino remains the largest revenue source, growing **25.5%** to **$404 million** and accounting for **78%** of total revenue in Q1 2025, with Sports Betting also showing strong growth | Product Line | Q1 2025 Revenue ($M) | Q1 2024 Revenue ($M) | YoY Change | | :--- | :--- | :--- | :--- | | Online casino | 404 | 322 | +25.5% | | Sports betting | 106 | 79 | +34.2% | | Brand licensing | 5 | 6 | -16.7% | | Other | 2 | 5 | -60.0% | | **Total** | **517** | **412** | **+25.5%** | - **Online casino and sports betting revenues are treated as derivatives under IFRS 9**, not as revenue from contracts with customers under IFRS 15[11](index=11&type=chunk) [2025 Outlook](index=3&type=section&id=Guidance%202025) Super Group reaffirms its full-year 2025 guidance for revenue and Adjusted EBITDA, signaling confidence in future performance [Full-Year 2025 Guidance](index=3&type=section&id=Guidance%202025) Super Group has reaffirmed its full-year guidance for 2025, signaling confidence in its ability to meet its previously stated financial targets for revenue and Adjusted EBITDA - The company's **combined guidance for 2025 remains unchanged**[7](index=7&type=chunk) | Metric | 2025 Guidance | | :--- | :--- | | Revenue | > $2.014 billion | | Adjusted EBITDA | > $421 million | [Consolidated Financial Statements (Unaudited)](index=11&type=section&id=Consolidated%20Financial%20Statements) The unaudited consolidated financial statements reflect increased profit, a strong financial position, and significant dividend payments [Statement of Profit or Loss](index=11&type=section&id=Unaudited%20Consolidated%20Statements%20of%20Profit%20or%20Loss%20and%20Other%20Comprehensive%20Income) The company's profit for Q1 2025 increased to **$59 million** from **$45 million** in Q1 2024, despite a rise in direct and marketing expenses, offset by the absence of a prior-year one-time gain | Metric ($M) | Q1 2025 | Q1 2024 | | :--- | :--- | :--- | | Revenue | 517 | 412 | | Direct and marketing expenses | (367) | (330) | | Profit before taxation | 89 | 53 | | **Profit for the period** | **59** | **45** | | Profit per share, basic (cents) | 11.70 | 8.99 | | Profit per share, diluted (cents) | 11.68 | 8.97 | [Statement of Financial Position](index=13&type=section&id=Unaudited%20Consolidated%20Statements%20of%20Financial%20Position) As of March 31, 2025, Super Group's total assets were **$1,086 million** and total liabilities were **$444 million**, resulting in total shareholders' equity of **$642 million**, with cash decreasing due to dividend payments | Metric ($M) | Mar 31, 2025 | Dec 31, 2024 | | :--- | :--- | :--- | | **Total Assets** | **1,086** | **1,096** | | Cash and cash equivalents | 351 | 388 | | **Total Liabilities** | **444** | **517** | | Dividends payable | — | 75 | | **Shareholders' Equity** | **642** | **579** | - The decrease in cash and cash equivalents from **$388 million** to **$351 million** is largely attributable to the payment of **$95.7 million** in dividends during the quarter[6](index=6&type=chunk)[27](index=27&type=chunk) [Non-GAAP Financial Measures](index=7&type=section&id=Non-GAAP%20Financial%20Information) Non-GAAP measures like Adjusted EBITDA provide additional insights into Super Group's core operating performance and profitability [Explanation of Non-GAAP Measures](index=7&type=section&id=Explanation%20of%20Non-GAAP%20Measures) Super Group utilizes non-GAAP financial measures, including EBITDA and Adjusted EBITDA, to provide additional insight into its core operating performance and comparability with peers - The company uses **non-GAAP measures such as EBITDA, Adjusted EBITDA, Adjusted EBITDA ex-US, and Adjusted EBITDA US** to supplement IFRS results[13](index=13&type=chunk) - **Adjusted EBITDA is defined as profit before depreciation, amortization, finance income/expense, and income tax**, further adjusted for items like RSU expense, change in fair value of options, and unrealized foreign exchange[13](index=13&type=chunk) [Reconciliation of Profit to Adjusted EBITDA](index=8&type=section&id=Reconciliation%20of%20Profit%20for%20the%20period%20to%20EBITDA%20and%20Adjusted%20EBITDA) The reconciliation shows a significant **120%** year-over-year increase in Adjusted EBITDA to **$111 million** for Q1 2025, driven by strong performance outside the U.S. | Reconciliation ($M) | Q1 2025 | Q1 2024 | | :--- | :--- | :--- | | Profit for the period | 59 | 45 | | EBITDA | 107 | 73 | | **Adjusted EBITDA** | **111** | **50** | | Adjusted EBITDA, ex-US | 121 | 74 | | Adjusted EBITDA, US | (10) | (24) | - The loss from the U.S. business narrowed to **$9.8 million** from **$24 million** in the prior-year quarter[5](index=5&type=chunk)[17](index=17&type=chunk)

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Let's take a look at what these Wall Street heavyweights have to say about Super Group (SGHC) Limited (SGHC) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Super Group (SGHC) currently has an average b ...

Group 1 - Super Group (SGHC) Limited's stock closed at $8.12, with a slight decrease of -0.12% from the previous day, underperforming the S&P 500's gain of 0.15% [1] - Over the past month, the company's shares have increased by 23.74%, while the Consumer Discretionary sector gained 0.88% and the S&P 500 lost 0.21% [1] Group 2 - The company is set to announce its earnings on May 8, 2025, with projected earnings per share (EPS) of $0.09, reflecting a 125% increase from the same quarter last year [2] - Revenue is anticipated to be $461.1 million, indicating an 11.98% increase from the same quarter last year [2] Group 3 - For the full year, earnings are projected at $0.60 per share and revenue at $2 billion, showing increases of +76.47% and +9.03% respectively from the previous year [3] Group 4 - Recent shifts in analyst projections for Super Group (SGHC) Limited should be monitored, as they often indicate changes in near-term business trends and analysts' outlook on the company's health and profitability [4] Group 5 - Revisions in estimates are correlated with stock price performance, and the Zacks Rank system, which incorporates these changes, provides a functional rating system [5] Group 6 - The Zacks Rank system ranges from 1 (Strong Buy) to 5 (Strong Sell), with 1 stocks historically delivering an average annual return of +25% since 1988; Super Group (SGHC) Limited currently holds a Zacks Rank of 2 (Buy) [6] Group 7 - Super Group (SGHC) Limited is trading at a Forward P/E ratio of 13.55, which is a discount compared to the industry's average Forward P/E of 16.52 [7] - The Gaming industry, part of the Consumer Discretionary sector, holds a Zacks Industry Rank of 88, placing it in the top 36% of over 250 industries [7] Group 8 - The Zacks Industry Rank assesses the strength of industry groups by calculating the average Zacks Rank of individual stocks, with top-rated industries outperforming the bottom half by a factor of 2 to 1 [8]

Group 1 - Super Group (SGHC) Limited's stock closed at $7.45, showing a +1.92% increase, outperforming the S&P 500's loss of 2.24% on the same day [1] - Over the past month, the company's shares have appreciated by 7.82%, while the Consumer Discretionary sector and the S&P 500 experienced losses of 5.64% and 4.17%, respectively [1] - The upcoming earnings per share (EPS) for Super Group is projected at $0.09, reflecting a 125% increase year-over-year, with revenue expected to be $461.1 million, indicating an 11.98% increase [2] Group 2 - For the full year, analysts expect earnings of $0.60 per share and revenue of $2 billion, marking increases of +76.47% and +9.03% from the previous year [3] - Recent modifications to analyst estimates indicate evolving short-term business trends, with positive revisions reflecting analysts' confidence in the company's performance [4] - The Zacks Rank system, which assesses estimated changes, currently ranks Super Group as 1 (Strong Buy), indicating strong potential for stock performance [6] Group 3 - Super Group is currently trading at a Forward P/E ratio of 12.18, which is a discount compared to the industry average Forward P/E of 15.57 [7] - The Gaming industry, part of the Consumer Discretionary sector, holds a Zacks Industry Rank of 155, placing it in the bottom 38% of over 250 industries [7] - The Zacks Industry Rank shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]

Business Operations and Strategy - The business relies on the success of online betting and gaming products, which are influenced by various uncontrollable factors, impacting win rates and revenue [36]. - The strategy focuses on optimizing global footprint and customer base, with entry and expansion dependent on regulatory frameworks and licensing approvals [41]. - High-profile sponsorship agreements with teams like the Chicago Bulls and West Ham United are crucial for customer acquisition and market visibility [42]. - Proprietary data analytics and technology are leveraged to enhance customer engagement and operational efficiency, but depend on data accuracy and stable regulatory conditions [43]. - The company operates in a dynamic environment with rapidly changing consumer preferences, necessitating continuous introduction of new offerings to maintain customer engagement and business growth [46]. - The company must continuously innovate and invest in technology, including artificial intelligence, to meet evolving customer demands and remain competitive [93]. - If new offerings fail to engage customers, the company may struggle to generate sufficient revenue to justify its investments [94]. Financial Performance and Risks - Variability in win rates for online casino and sports wagering can lead to actual outcomes exceeding theoretical estimates, negatively affecting financial performance [38]. - Economic downturns and changes in consumer spending can adversely affect the business's financial condition and results of operations [32]. - The company is exposed to foreign currency transaction risks due to significant international operations, which could affect profitability [32]. - The company faces risks related to competition in the entertainment industry, which may attract customers to alternative betting and gaming options [32]. - Participation in the sports betting industry exposes the company to significant trading and pricing risks, potentially leading to lower profitability and significant losses [111]. - The company may require additional capital to support growth plans, which may not be available on acceptable terms, potentially hampering business expansion [99]. - The company faces increasing challenges in tracking customers due to legislative changes and technology platform restrictions, which may impact marketing effectiveness [89]. Regulatory and Compliance Challenges - Regulatory compliance and potential legal challenges in various jurisdictions may impact the ability to operate and expand business offerings [32]. - The company must navigate a complex regulatory environment regarding payments and anti-money laundering, with potential penalties for non-compliance impacting financial health [64]. - The company is subject to evolving legal frameworks surrounding artificial intelligence, which may lead to increased scrutiny and compliance costs [60]. - The company faces legal and regulatory risks in various jurisdictions, which could impact its ability to operate and generate revenue [140]. - The introduction of restrictive regulatory regimes in some jurisdictions has previously resulted in decreased market size [150]. - The company is subject to significant taxes and fees in the gaming industry, which may increase due to legislative changes or economic conditions [189]. - Compliance with the Sarbanes-Oxley Act has increased legal and financial compliance costs, straining resources and diverting management attention [114]. Third-Party Dependencies - The reliance on third-party service providers for various operational aspects poses risks that could impact costs and business performance [32]. - The company relies on third-party service providers for marketing and customer communications, and any failures may inhibit customer acquisition and retention [70]. - The company is dependent on third-party sports data providers for accurate information, and errors may adversely affect sports betting operations [75]. - The reliance on third-party payment processors poses risks; any disruption could adversely affect the company's ability to process transactions and maintain customer trust [63]. - The company faces risks from negative publicity related to third-party service providers, which could affect reputation and lead to regulatory exposure [79]. Customer Engagement and Marketing - The company undertakes various marketing initiatives, and failure to effectively acquire and retain customers may harm business results [85]. - The company relies on independent third-party marketers, and their actions may cause damage to the brand and financial results [86]. - Customer resistance to data collection for targeted advertising is growing, potentially affecting customer acquisition and retention [90]. - The company's ability to adapt to changes in search engine algorithms is critical for customer acquisition, and failure to do so may negatively impact business [88]. Operational Risks - The company faces risks related to third-party providers for geolocation and identity verification, which are critical for compliance and operational integrity [62]. - The company faces challenges in maintaining banking and payment processing relationships due to the nature of its business, which could increase operational costs and hinder business plans [113]. - The company has identified a material weakness in internal control over financial reporting related to documentation for goodwill impairment tests and acquisition price allocation [120]. - The company is exposed to foreign currency transaction and translation risks, which could negatively impact profitability and financial position [124]. Market Dynamics - Seasonality in sporting events significantly impacts revenue, with major events like the FIFA World Cup and various sports leagues causing fluctuations in cash flow [51]. - The company is sensitive to economic downturns, which may reduce discretionary consumer spending on entertainment and leisure activities, adversely affecting revenue [133]. - Macroeconomic events, including inflation and geopolitical factors, may negatively impact the company's business and financial condition [136]. - 39% of the company's revenue for the year ended December 31, 2024, was derived from Africa and the Middle East, with a significant majority from South Africa [132]. - 36% of the company's revenue for the year ended December 31, 2024, was derived from North America, primarily from Canada [132]. Cybersecurity and Data Protection - Vulnerability to cyber-attacks and breaches could result in legal claims, regulatory penalties, and damage to the company's reputation [223]. - The secure maintenance of sensitive information is critical, with rising threats from various sources including hackers and organized criminal actors [224]. - The company may face heightened risks of cyber-attacks during times of geopolitical conflict, potentially disrupting operations [225]. - Evolving threats such as social-engineering attacks and ransomware could materially disrupt the company's systems and operations [226]. Intellectual Property and Technology - The company faces significant risks related to the protection and enforcement of its intellectual property rights, which could adversely affect its business and financial condition [199]. - The evolving legal landscape surrounding artificial intelligence and data privacy presents compliance challenges and potential liabilities for the company [200]. - The company relies on third-party licenses for a substantial portion of its offerings, and failure to maintain these licenses could negatively impact its business operations [202]. - Regulatory review processes may hinder the company's ability to use technologies owned by third parties, potentially delaying strategic objectives [205].

Core Insights - The article emphasizes the investment philosophy focused on small cap companies, highlighting the importance of identifying mispriced securities through understanding financial drivers and utilizing DCF model valuation [1]. Group 1 - The investment strategy is not confined to traditional categories such as value, dividend, or growth investing, but rather considers all prospects of a stock to assess risk-to-reward [1].

Group 1: Analyst Recommendations - Super Group (SGHC) has an average brokerage recommendation (ABR) of 1.25, indicating a consensus between Strong Buy and Buy, with 75% Strong Buy and 25% Buy recommendations from four brokerage firms [2][4] - Brokerage recommendations often exhibit a positive bias due to the vested interests of the firms, leading to a higher number of Strong Buy ratings compared to Strong Sell ratings [5][9] - The ABR should not be the sole basis for investment decisions, as studies suggest that brokerage recommendations have limited success in guiding investors towards stocks with significant price appreciation potential [4][6] Group 2: Zacks Rank Comparison - Zacks Rank categorizes stocks into five groups based on earnings estimate revisions, with a strong correlation to near-term stock price movements, making it a more reliable indicator than ABR [7][10] - The Zacks Rank is updated more frequently than the ABR, reflecting timely changes in earnings estimates, which can provide better insights into future price movements [11] - Super Group (SGHC) has a Zacks Rank of 2 (Buy), supported by a 22.5% increase in the Zacks Consensus Estimate for the current year to $0.29, indicating positive earnings prospects [12][13]