Super Group Issues Business Update as 2024 Closes
Super Group (SGHC) has raised its full-year 2024 guidance following strong performance in early Q4. The company increased its total revenue guidance from €1.55 billion to €1.6 billion and ex-US Adjusted EBITDA guidance from €345 million to at least €360 million.
The Board of Directors declared a special cash dividend of 15¢ per share, payable on January 8, 2025, to shareholders of record as of December 23, 2024. Combined with the July dividend of 10¢, the total 2024 shareholder dividend reaches 25¢ per share. The company plans to initiate regular quarterly dividends in 2025, subject to Board approval.
Super Group (SGHC) ha alzato le previsioni di bilancio per l'intero anno 2024 dopo una forte performance all'inizio del quarto trimestre. L'azienda ha aumentato la sua guida sui ricavi totali da €1,55 miliardi a €1,6 miliardi e la guida sull'EBITDA rettificato al di fuori degli Stati Uniti da €345 milioni ad almeno €360 milioni.
Il Consiglio di Amministrazione ha dichiarato un dividendo straordinario in contante di 15¢ per azione, pagabile l'8 gennaio 2025, agli azionisti registrati al 23 dicembre 2024. Combinato con il dividendo di luglio di 10¢, il totale del dividendo per azione per il 2024 raggiunge 25¢ per azione. L'azienda prevede di avviare dividendi trimestrali regolari nel 2025, soggetti all'approvazione del Consiglio.
Super Group (SGHC) ha elevado su guía para el año completo 2024 tras un fuerte rendimiento a principios del cuarto trimestre. La empresa aumentó su guía de ingresos totales de €1.55 mil millones a €1.6 mil millones y la guía del EBITDA ajustado fuera de EE.UU. de €345 millones a al menos €360 millones.
La Junta de Directores declaró un dividendo en efectivo especial de 15¢ por acción, pagadero el 8 de enero de 2025, a los accionistas registrados hasta el 23 de diciembre de 2024. Combinado con el dividendo de julio de 10¢, el dividendo total para 2024 alcanza 25¢ por acción. La empresa planea iniciar dividendos trimestrales regulares en 2025, sujeto a la aprobación de la Junta.
슈퍼 그룹 (SGHC)는 4분기 초반의 강력한 실적 이후 2024년 전체 연도 안내를 상향 조정했습니다. 회사는 총 수익 가이드를 €1.55억에서 €1.6억으로, 미국 외 조정 EBITDA 가이드를 €345백만에서 최소 €360백만으로 증가시켰습니다.
이사회는 주당 15¢의 특별 현금 배당금을 선언했으며, 이는 2025년 1월 8일에 2024년 12월 23일까지 주주 명부에 등록된 주주에게 지급됩니다. 7월의 10¢ 배당금과 결합하여 2024년 총 배당금은 주당 25¢에 달합니다. 회사는 2025년에 이사회의 승인을 조건으로 정기 분기 배당금을 시작할 계획입니다.
Super Group (SGHC) a révisé à la hausse ses prévisions pour l'année 2024 après une forte performance en début de quatrième trimestre. L'entreprise a augmenté sa prévision de chiffre d'affaires total de €1,55 milliard à €1,6 milliard et sa prévision d'EBITDA ajusté hors États-Unis de €345 millions à au moins €360 millions.
Le Conseil d'Administration a déclaré un dividende exceptionnel en espèces de 15¢ par action, payable le 8 janvier 2025, aux actionnaires enregistrés au 23 décembre 2024. Combiné avec le dividende de juillet de 10¢, le total des dividendes pour les actionnaires pour 2024 s'élève à 25¢ par action. L'entreprise prévoit de commencer à verser des dividendes trimestriels réguliers en 2025, sous réserve de l'approbation du Conseil.
Super Group (SGHC) hat seine Prognose für das Gesamtjahr 2024 nach einer starken Leistung zu Beginn des vierten Quartals angehoben. Das Unternehmen hat die Gesamtumsatzprognose von €1,55 Milliarden auf €1,6 Milliarden erhöht und die bereinigte EBITDA-Prognose außerhalb der USA von €345 Millionen auf mindestens €360 Millionen.
Der Vorstand hat eine Sonderdividende in bar von 15¢ pro Aktie erklärt, die am 8. Januar 2025 an die Aktionäre gezahlt wird, die zum 23. Dezember 2024 im Register stehen. Zusammen mit der Juli-Dividende von 10¢ erreicht die Gesamtdividende für 2024 25¢ pro Aktie. Das Unternehmen plant, 2025 regelmäßige vierteljährliche Dividenden einzuführen, vorbehaltlich der Genehmigung des Vorstands.
- Increased full-year revenue guidance to €1.6 billion
- Raised ex-US Adjusted EBITDA guidance to €360 million
- Declared Q4 dividend of 15¢ per share
- Total 2024 dividend payments of 25¢ per share
- Strong performance in early Q4 2024
- Plans for regular quarterly dividends in 2025
- None.
Insights
Super Group's latest business update reveals impressive financial momentum, with significant upward revisions to full-year guidance. The increase in revenue guidance to
The commitment to regular quarterly dividends starting in 2025 signals management's confidence in sustained cash flow generation and financial stability. With a healthy balance sheet and improving operational metrics, Super Group is positioning itself as an attractive option for income-seeking investors in the gaming sector. The guidance raise suggests strong market penetration and effective monetization strategies across their Betway and Spin brands.
The online gaming sector continues to show resilience and Super Group's performance reflects successful market adaptation. The company's ability to exceed previous guidance suggests effective customer acquisition and retention strategies in their key markets. The ex-US focus has proven particularly successful, indicating strong international market positioning despite regulatory complexities.
The introduction of regular quarterly dividends positions Super Group among more established gaming companies, potentially attracting institutional investors who seek consistent income streams. With a market cap of
-
Raises full year guidance for total revenue to
€1.6 billion -
Further raises full year ex-US Adjusted EBITDA guidance to greater than
€360 million - Cash dividend of 15¢ per share declared for Q4 2024, to be paid in early January 2025
Super Group is raising its prior full-year 2024 total revenue guidance from
In light of the company’s performance, Super Group’s Board of Directors has declared a special cash dividend on its ordinary shares of 15¢ per share, payable on 8 January 2025 to shareholders of record as of the close of business on 23 December 2024. This dividend, combined with the initial 2024 dividend of 10¢ per share paid in July, takes the total shareholder dividend declared for 2024 to 25¢ per share. The company re-iterated its intention to begin paying a regular quarterly dividend, subject to Board approval, in 2025.
Chief Executive Officer, Neal Menashe commented: “I’m very proud of our performance this year and delighted we are in a position to raise our full-year revenue and ex-US Adjusted EBITDA guidance again while announcing another dividend for 2024. We have consistently said that we will consider returning excess cash to shareholders, and the outstanding performance of the business throughout 2024 alongside the continued strength of our balance sheet, has given us the platform to be able to do this. It has been a super year for Super Group and we look forward to building on this success as we move into 2025.”
About Super Group
Super Group (SGHC) Limited is the holding company for leading global online sports betting and gaming businesses: Betway, a premier online sports betting brand, and Spin, a multi-brand online casino offering. The group is licensed in multiple jurisdictions, with leading positions in key markets throughout
Forward-Looking Statements
Certain statements made in this press release 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 generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” and similar expressions. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Forward-looking statements in this press release include statements regarding Super Group’s intention to pay dividends, including the expected amount and timing of such dividends, as well as expectations and projections of market opportunity, growth and profitability, and expectations for the remainder of 2024 and 2025, including revenue and ex-US Adjusted EBITDA guidance for the full year 2024.
Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: (i) the ability to implement business plans, forecasts and other expectations, and identify and realize additional opportunities; (ii) changes in the competitive and regulated industries in which Super Group operates; (iii) variations in operating performance across competitors; (iv) changes in laws and regulations affecting Super Group’s business; (v) Super Group’s inability to meet or exceed its financial projections; (vi) changes in general economic conditions; (vii) changes in domestic and foreign business, market, financial, political and legal conditions; (viii) the ability of Super Group’s customers to deposit funds in order to participate in Super Group’s gaming products; (ix) Super Group’s ability, and the ability of Super Group’s key executives, certain employees, significant shareholders or other applicable individuals, to comply with regulatory requirements or successfully obtain a license or permit required in a particular regulated jurisdiction, or maintain, renew or expand existing licenses; (x) the effectiveness of technological solutions Super Group has in place to block customers in certain jurisdictions, including jurisdictions where Super Group’s business is illegal, or which are sanctioned by countries in which Super Group operates from accessing its offerings; (xi) Super Group’s ability to restrict and manage betting limits at the individual customer level based on individual customer profiles and risk level to the enterprise; (xii) Super Group's ability to protect or enforce its intellectual property rights, the confidentiality of its trade secrets and confidential information, or the costs involved in protecting or enforcing Super Group’s intellectual property rights and confidential information; (xiii) compliance with applicable data protection and privacy laws in Super Group’s collection, storage and use, including sharing and international transfers, of personal data; (xiv) failures, errors, defects or disruptions in Super Group’s information technology and other systems and platforms; (xv) Super Group’s ability to develop new products, services, and solutions, bring them to market in a timely manner, and make enhancements to its platform; (xvi) Super Group’s ability to maintain and grow its market share, including its ability to enter new markets and acquire and retain paying customers; (xvii) the success, including win or hold rates, of existing and future online betting and gaming products; (xiii) competition within the broader entertainment industry; (xix) Super Group’s reliance on strategic relationships with land based casinos, sports teams, event planners, local licensing partners and advertisers; (xx) events or media coverage relating to, or the popularity of, online betting and gaming industry; (xxi) trading, liability management and pricing risk related to Super Group’s participation in the sports betting and gaming industry; (xxii) accessibility to the services of banks, credit card issuers and payment processing services providers due to the nature of Super Group’s business; (xxiii) the regulatory approvals related to proposed acquisitions and the integration of the acquired businesses; and (xxiv) other risks and uncertainties indicated from time to time for Super Group including those under the heading “Risk Factors” in our Annual Report on Form 20-F filed with the SEC on April 25, 2024, and in Super Group’s other filings with the SEC. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in other documents filed or that may be filed by Super Group from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Super Group assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Super Group does not give any assurance that it will achieve its expectations.
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Investors:
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Source: Super Group
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