Super Group’s Q2 Broke Its Revenue and EBITDA Records

Global gaming giant Super Group has published its financial report for the second quarter of 2025, highlighting a new quarterly revenue record. The leadership praised the results and said that the investments in technology should position the group for long-term growth.

The Company’s Quarterly Performance Was the Strongest on Record

In the second quarter of 2025, Super Group, which operates the leading gaming brands Betway and Spin, reported revenue of $579.4 million, which was its highest quarterly result ever recorded. In addition to smashing the company’s quarterly record, the figure represented an increase of a whopping 30% year-on-year.

Super Group attributed the favorable metric to growth in key regions, such as Africa, Europe and North America, which offset declines in LATAM, Asia Pacific and the Middle East.

Profit before tax, on the other hand, stood at $38.8 million for the period. This includes a non-cash charge of $63.9 million, which relates to DGC iGaming assets and $22.6 million relating to onerous contracts.

The adjusted EBITDA for Q2, meanwhile, reached $156.7 million, also marking a new quarterly record for Super Group. Excluding the $5.4 million adj. EBITDA loss in the US, the company’s adjusted EBITDA stood at $162 million.

Super Group’s monthly active customers also experienced a double-digit growth, increasing by 21% to 5.5 million in Q2.

As of June 30, 2025, Super Group had $393 million in unrestricted cash. In Q2, it also paid dividends of $20.2 million.

Due to its favorable performance, the company adjusted its full-year guidance, saying that it now expects group adjusted EBITDA, excluding the US, to reach $500-510 million. In the US, Super Group expects an adjusted EBITDA loss of $30 million.

A Super First Half of 2025 for the Company

Neal Menashe, Super Group’s chief executive officer, said that Super Group appropriately had a “Super first half of 2025.” He celebrated the record-breaking results and praised his team for the strong execution of the company’s strategy across many key markets.

Menashe acknowledged the setbacks in the US but added that he remains confident in the company’s long-term profitability.

With continued focus on scaling our technology globally, Super Group should be even better positioned for sustained, profitable growth.

Neal Menashe, CEO, Super Group

Alinda van Wyk, Super Group’s chief financial officer, was very pleased with the company’s new quarterly record and strong EBITDA performance. According to her, these results underscore Super Group’s “scalable, cost-efficient operating model and controlled marketing spend.”

Driven by our continued focus on core markets, we are raising our full-year Adjusted EBITDA guidance and remain confident in delivering long-term value to our shareholders.

Alinda van Wyk, CFO, Super Group

Earlier this year, Super Group expressed interest in entering Alberta’s upcoming regulated iGaming market. The announcement came shortly after the company published its favorable Q1 2025 report.