Super Group Achieves Record-Breaking Revenue and EBITDA in Q2 2025
Record-Breaking Quarterly Results
Super Group, a major player in the global gaming industry known for its brands Betway and Spin, announced outstanding financial results for the second quarter of 2025. The company reported its highest-ever quarterly revenue of $579.4 million, representing an impressive 30% increase compared to the same period last year.
This revenue surge was driven primarily by strong growth in key regions including Africa, Europe, and North America, which helped offset declines seen in Latin America, Asia Pacific, and the Middle East.
The company’s profit before tax stood at $38.8 million, which factors in a non-cash charge of $63.9 million associated with DGC iGaming assets and $22.6 million linked to onerous contracts.
Super Group’s adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) also set a new record at $156.7 million for Q2. When excluding a $5.4 million adjusted EBITDA loss in the United States market, the figure rises to $162 million.
Monthly active customers grew significantly by 21%, reaching 5.5 million during this period.
The company’s liquidity remained strong with $393 million in unrestricted cash as of June 30, 2025. In addition, Super Group distributed $20.2 million in dividends throughout the quarter.
Based on these promising results, the company raised its full-year forecast and now anticipates adjusted EBITDA outside the US to be between $500 million and $510 million. Conversely, the US market is expected to experience an adjusted EBITDA loss of $30 million.
Strong Momentum in the First Half of 2025
Super Group’s CEO, Neal Menashe, described the first half of 2025 as exceptionally successful. He attributed this to the team’s effective execution of strategic plans across critical markets and expressed optimism about the company’s future growth prospects despite challenges in the US.
Menashe emphasized the company’s commitment to expanding its technology globally, which he believes will drive sustained and profitable growth moving forward.
Alinda van Wyk, the Chief Financial Officer, echoed this positive sentiment, highlighting that the record revenues and EBITDA demonstrate the strength of Super Group’s scalable and cost-efficient business model combined with disciplined marketing expenditures.
She noted that with a continued focus on core markets, the company is revising its full-year adjusted EBITDA guidance upward and remains confident in delivering lasting value to shareholders.
Looking Ahead
Earlier in 2025, Super Group revealed its intent to enter Alberta’s newly regulated online gaming market, signaling the company’s eagerness to capitalize on emerging opportunities and continue its expansion strategy.