Super Group(SGHC)
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Super Group(SGHC) - 2024 Q1 - Earnings Call Presentation
2024-05-08 21:20
1Q 2024 Earnings Review May 8, 2024 Forward-Looking Statements Certain statements made in this presentation are "forward looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, expectations and timing related to market entries and expansion, projections of market opportunity, growth and profitability expected growth of Super Group's customer base, and expans ...
Super Group(SGHC) - 2023 Q4 - Annual Report
2024-04-25 10:54
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(B) OR 12(G) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIE ...
Super Group(SGHC) - 2023 Q4 - Earnings Call Transcript
2024-03-06 19:35
Financial Data and Key Metrics Changes - Total revenue for Q4 2023 was €352 million, with operational EBITDA of €54 million, reflecting challenges in October due to low sports margins [4][12] - For the full year 2023, total revenue reached a record €1.406 billion, up 8% year-on-year, and operational EBITDA was €255 million, representing a 22% increase [17][40] - The EBITDA margin for the year improved to 18%, up 200 basis points from 2022, with a strong balance sheet showing €242 million in unrestricted cash and no debt [28][40] Business Line Data and Key Metrics Changes - Casino net revenues increased by 22% year-on-year to €289 million, driven by strong performance in Africa, Canada, and Europe, despite the closure of the Indian market [10][19] - Sportsbook revenue for Q4 declined by 39% year-on-year to €53 million, impacted by unfavorable soccer results and the Indian market closure [24] Market Data and Key Metrics Changes - Customer growth was significant, with an average of 4.7 million unique active monthly customers, an increase of 1.2 million year-on-year [19] - In Africa, revenue growth remained strong despite challenges, while Canada showed recovery post-regulation changes [20][21] Company Strategy and Development Direction - The company is focused on optimizing its global footprint, particularly in the U.S., and is evaluating state-by-state strategies for market entry and potential M&A opportunities [8][44] - Continued investment in marketing and technology is prioritized to drive long-term efficiencies and innovation [39][44] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving double-digit top-line growth for 2024, supported by a diverse customer base and strong engagement metrics [6][30] - The competitive landscape in the U.S. is being closely monitored, with adjustments to strategy as necessary [8][61] Other Important Information - The company is finalizing agreements to gain full control of its Betway global sportsbook technology, which is expected to enhance its operational capabilities [22] - The company plans to report adjusted EBITDA instead of operational EBITDA going forward, aligning with best practices [27] Q&A Session Summary Question: Plans for U.S. business in 2024 - Management is assessing options on a state-by-state basis, including potential M&A and focusing on casino states [32] Question: Strategy in Brazil - The company is awaiting regulatory developments in Brazil to understand the implications for its products and taxes [33] Question: Regions with best growth potential - Africa and parts of Central Europe, particularly Spain and Italy, are highlighted as strong growth areas [34] Question: iGaming legislation and M&A interests - The pace of iGaming regulation rollout has been slower than expected, and M&A opportunities are being evaluated carefully [52][54] Question: Technology migration status - Seven out of nine states have migrated to the new technology, with two large states expected to complete migration soon [49] Question: Focus on profitable states - Management is considering narrowing focus to states that offer both iGaming and sports betting for better profitability [64]
Super Group(SGHC) - 2023 Q4 - Earnings Call Presentation
2024-03-06 13:36
DISCLAIMERS Non-IFRS Financial Measures This presentation includes certain financial measures not presented in accordance with International Financial Reporting Standards or International Accounting Standards issued or adopted by the International Accounting Standards Board ("IFRS"), including, but not limited to, Operational EBITDA (US or Ex-US, as applicable), Net Revenue (Ex-US) and Total Revenue (Ex-US), in each case presented on a non-IFRS basis, and certain ratios and other metrics derived therefrom. ...
Super Group(SGHC) - 2023 Q3 - Earnings Call Transcript
2023-11-09 18:08
Super Group (NYSE:SGHC) Limited (SGHC) Q3 2023 Earnings Conference Call November 9, 2023 8:30 AM ET Company Participants Neal Menashe - Chief Executive Officer Alinda Van Wyk - Chief Financial Officer Richard Hasson - President and Chief Operating officer Conference Call Participants Jed Kelly - Oppenheimer Operator Good morning, everyone and thank you for joining us today to discuss Super GroupÂ's Results for the Third Quarter of 2023. During this call, Super Group may make comments of a forward-looking na ...
Super Group(SGHC) - 2023 Q3 - Earnings Call Presentation
2023-11-09 18:07
• G&A Expenses as a percentage of Net Revenue: 20% ◦ Ratio has decreased from 3Q-22 (23%) • Continued focus on realizing further cost synergies 2023 Operational EBITDA Guidance: at least €240m 1Q 2Q 3Q 4Q APPENDIX ။ Supergroup | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |----------------------------|--------|--------|--------|--------|--------|--------|--------|--------|--------| | EUR (Millions) | 1Q '23 | 2Q '23 | 3Q '23 | 1Q '22 | 2Q '22 | 3Q '22 | 4Q '22 | Sep-23 | Sep-22 | | Net Reven ...
Super Group(SGHC) - 2023 Q2 - Earnings Call Presentation
2023-08-17 15:57
August 17, 2023 12 1Totals may not sum due to rounding 2Total Revenue includes Net Revenue (Net Revenue after VAT & GST) and Other Revenue (including Brand Licensing Revenue) 3Please refer to slide 13 for a reconciliation of Operational EBITDA to Adjusted EBITDA and EBITDA 13 1Totals may not sum due to rounding APPENDIX 20 7 7 7 RSU Expense (3) ။1Supergroup Sports Betting 119 144 Operational EBITDA (US) (13) Unvested Restricted stock units granted to employees 5.4 Forward-Looking Statements Certain statemen ...
Super Group(SGHC) - 2023 Q2 - Earnings Call Transcript
2023-08-17 15:57
Company Participants Lisa Kampf - Vice President, Investor Relations Neal Menashe - Chief Executive Officer Alinda Van Wyk - Chief Financial Officer Richard Hasson - President and COO Operator Good morning. And welcome to Super GroupÂ's Second Quarter of 2023 Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions] Following managementÂ's prepared remarks, we will open the call for Q&A. [Operator Instructions] On todayÂ's call, we may refer to certain non-GAAP financia ...
Super Group(SGHC) - 2023 Q1 - Earnings Call Transcript
2023-05-24 15:58
Super Group (NYSE:SGHC) Limited (SGHC) Q1 2023 Earnings Conference Call May 24, 2023 8:30 AM ET Company Participants Lisa Kampf - Vice President, Investor Relations Neal Menashe - Chief Executive Officer Richard Hasson - President and COO Alinda Van Wyk - Chief Financial Officer Conference Call Participants Jed Kelly - Oppenheimer Bernie McTernan - Needham & Company Michael Graham - Canaccord Genuity Operator Good day. And welcome to the Super Group Results for the First Quarter of 2023. All participants wi ...
Super Group(SGHC) - 2023 Q1 - Earnings Call Presentation
2023-05-24 15:56
။ Supergroup 3DGC is not yet live with Spin (JackpotCity brand) in New Jersey and Pennsylvania | --- | --- | --- | --- | --- | |--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------------------------------------|-------|---------|--------------------------------------------| | Operating on the Betway Global Technology | | | 8 | 13 | | Betwa ...