Super Group's Q4 revenue rises 8%, raises dividend target

Overview

• Online sports betting firm's Q4 revenue rose 8% yr/yr

• Adjusted EBITDA for Q4 increased to $139 mln from $125.9 mln last year

• Company raised quarterly dividend target to 5.0 cents per share

Outlook

• Super Group projects 2026 revenue greater than $2.55 bln

• Company expects 2026 adjusted EBITDA in excess of $680 mln

Result Drivers

• MARKET STRATEGY - Exiting U.S. iGaming market and focusing on regions with durable advantages drove record customer growth

• REGIONAL GROWTH - Revenue growth driven by strong performance in Europe, Africa, North America, and APAC markets

Company press release: ID:nBw5rSKzsa

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the casinos & gaming peer group is "buy"

• Wall Street's median 12-month price target for SGHC Ltd is $18.00, about 81.8% above its February 20 closing price of $9.90

• The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 13 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.