Super Group, the parent company of Betway and Spin, has shared preliminary financial results for Q4 and full-year 2024. The company projects record-breaking figures for total revenue and adjusted EBITDA, emphasizing its robust ex-US performance and progress in the U.S. market.

• Super Group expects Q4 2024 total revenue to reach approximately €486 million, with adjusted EBITDA between €125 million and €130 million. December set new monthly highs for deposits and revenue.
• For the full-year 2024, the company anticipates surpassing its ex-US guidance targets of €1.60 billion in total revenue and €360 million in adjusted EBITDA. The final figures are projected at €1.66 billion total revenue and between €387 million and €392 million adjusted EBITDA.
• This growth represents an 18% increase in total revenue and over 50% growth in adjusted EBITDA compared to 2023, with an EBITDA margin exceeding 23%.
• In the U.S., the company recorded consecutive monthly revenue highs in Q4, culminating in a total investment of approximately €61 million for the year. Super Group plans to reduce U.S. investments in 2025, focusing solely on iGaming in the US.
• CEO Neal Menashe highlighted the achievements: “New records for revenue and EBITDA underscore our strong position. This momentum sets a solid foundation for 2025.”
• Super Group will release detailed audited financial statements in February, alongside reconciliations for non-GAAP measures such as Adjusted EBITDA.