Super Group used its London Investor Day to reset expectations. The company raised its 2025 outlook and mapped medium-term targets to 2028. The Super Group guidance also notes an exit from the U.S. this year.

• Super Group now expects 2025 revenue between $2.125bn and $2.20bn with adjusted EBITDA of $575m–$585m, a clear upgrade from the August guide of “>$2.0bn” revenue and $500m–$510m EBITDA. Management pointed to organic growth, marketing efficiencies and cost control as the drivers.

• The outlook assumes U.S. operations will close in Q4 2025, with ex-U.S. EBITDA positive and U.S. EBITDA negative.

• Medium-term guidance targets $2.6bn–$3.0bn revenue by 2028 and $700m–$930m EBITDA, with implied margins of 27%–31%. These forecasts are presented as organic with no M&A and marketing spend steady at ~22% of revenue.

• A payments case study highlighted a regulated crypto rollout in Canada that boosted deposit values 426% quarter-on-quarter while cutting processing costs to ~1% compared with ~5% for traditional methods. Product notes also flagged sportsbook gross margin rising to 13.9% in 1H25 from 11.8% a year earlier.

• The Investor Day deck also set out 2025–2028 goals for 8%–12% revenue CAGR, 8%–18% EBITDA CAGR, 60%–70% EBITDA-to-FCF conversion and annual dividends of more than 16 cents, framed as part of its asset-light model.

Please find more news here.