Super Group Reports 22% Revenue Growth for 2025
Super Group (Betway, Spin) released its preliminary financial results for Q4 & FY 2025 on February 23, reporting a 57% increase in adjusted EBITDA.
Key Financial Metrics for Super Group in 2025
By the end of 2025, Super Group recorded growth in revenue and profit, as well as an expansion of its active user base.
| Metric | FY 2025 | Change |
|---|---|---|
| Revenue | $2.2 billion | +22% YoY |
| Adjusted EBITDA | $559.5 million | +57% YoY |
| EBITDA Margin | ~25% | — |
| Profit Before Tax | $355.9 million | vs. $203.8 million YoY |
| Cash Position | $513.2 million | vs. $388.0 million YoY |
| MAU | 5.6 million | +17% YoY |
Adjusted EBITDA excluding the United States reached $573.5 million, while the U.S. segment came in at -$14.0 million.
Super Group’s Financial Results for Q4 2025
In Q4 2025, the company recorded revenue growth and all-time highs in user activity.
- $578.3 million — revenue (+8% YoY)
- $139.0 million — adjusted EBITDA
- $95.1 million — profit before tax (vs. $103.3 million YoY)
- 6.1 million MAU (+16% YoY)
The company highlighted record levels of active players, bets, and deposits during the quarter.
Geographic Breakdown of Revenue Growth
The main drivers of revenue growth in 2025 were the following regions:
- Africa, including the launch in Botswana
- Europe, primarily the United Kingdom
- North America, mainly Canada excluding Ontario
Dividend Policy and Shareholder Returns
Throughout 2025, Super Group allocated $156 million to shareholder returns. The annual target dividend was raised from 16.0 to at least 20.0 cents per share.
The minimum quarterly dividend was increased to 5.0 cents per share. The first payment at the new rate is scheduled for March 31, 2026.
Super Group’s Outlook for FY 2026
For FY 2026, the company forecasts:
- revenue above $2.55 billion
- adjusted EBITDA above $680 million
According to CEO Neal Menashe, after exiting the U.S. iGaming market, the company has focused its resources on markets with stronger positions.
Credit Facility and Liquidity
In February 2026, Super Group secured a revolving credit facility of $100 million valid until February 2029. The lenders include Barclays, JPMorgan, and Citibank.
Reporting Status
The financial results are preliminary and unaudited. The company published the figures ahead of the audit completion.