Super Group Q1 revenue rises to record high

SGHC

11/05/2026 22:09

Overview

Online sports betting and gaming firm's Q1 revenue rose 18% yr/yr to record high

Q1 profit for the period rose to $86 mln from $59 mln yr/yr

Company reaffirmed FY2026 revenue and adjusted EBITDA guidance

Outlook

Super Group reaffirms FY2026 revenue guidance of more than $2.55 bln

Company expects FY2026 adjusted EBITDA above $680 mln

Company says stable casino business and sports trading support outlook for 2026

Result Drivers

CUSTOMER GROWTH - Record number of average monthly active customers, up 18% yr/yr to 6.4 mln, contributed to higher revenue

AFRICA SEGMENT - Africa delivered another excellent quarter, with segment revenue up to $267 mln from $201 mln yr/yr

OPERATING LEVERAGE - Adjusted EBITDA margin rose to 25% as EBITDA grew 36% yr/yr, outpacing revenue growth

Company press release: ID:nBwBVxZma

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
$612 mln
Q1 Net Income
$86 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the casinos & gaming peer group is "buy"

Wall Street's median 12-month price target for SGHC Ltd is $17.50, about 32.8% above its May 11 closing price of $13.18

The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 10 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)