Super Group(SGHC) - 2025 Q3 - Quarterly Report

Financial Performance - Revenue for Q3 2025 reached $556.9 million, a 26% increase from $442.9 million in Q3 2024[6] - Adjusted EBITDA for Q3 2025 was $152.1 million, up 65% year-over-year from $92.0 million in Q3 2024[6] - Profit for the period was $95.8 million in Q3 2025, significantly higher than $10.3 million in Q3 2024[6] - Revenue for Q3 2025 reached $557 million, a 25.7% increase from $443 million in Q3 2024[31] - Profit for the period was $96 million, compared to $10 million in Q3 2024, representing a 860% increase[31] - The company reported a total comprehensive profit of $97 million for Q3 2025, significantly higher than $40 million in Q3 2024[31] - Profit per share (basic) for Q3 2025 was 18.98 cents, compared to 1.99 cents in Q3 2024[31] Guidance and Projections - Full-year revenue guidance raised to $2.17 - $2.27 billion, up from previous guidance of $2.125 - $2.20 billion[8] - Full-year Adjusted EBITDA guidance increased to $555 - $565 million, up from $550 - $560 million[8] Customer Metrics - Monthly Active Customers increased by 18% to 6 million in Q3 2025, compared to 5.5 million in Q3 2024[3] Cash and Assets - Cash and cash equivalents stood at $461.9 million as of September 30, 2025, compared to $388.0 million at December 31, 2024[8] - Total assets increased to $1,193 million as of September 30, 2025, up from $1,096 million at the end of 2024[33] - Cash and cash equivalents rose to $462 million, an increase from $388 million in 2024[33] Expenses - Direct and marketing expenses for Q3 2025 were $371 million, up from $352 million in Q3 2024[31] - General and administrative expenses increased to $45 million in Q3 2025 from $43 million in Q3 2024[31] Market Position and Strategy - The company has maintained a strong market position, being ranked number 6 in the EGR Power 50 for the last three years[25] - Super Group plans to continue expanding its market presence and enhancing its technology capabilities to support growth[27] Revenue Sources - Revenue from North America for Q3 2025 was $181 million, accounting for 33% of total revenue[7] Future Initiatives - The launch of Super Coin is anticipated to drive further customer engagement and revenue growth in Q4 2025[3] - Significant investments in high-return markets and operational efficiencies contributed to margin expansion[3]