Super Group Reports 7.9% Drop in Q4 Profit as FY Revenue Reaches $2.2bn After US Exit

Super Group reported record monthly active customers, wagers and deposits during the Q4 2025. The company completed its US market exit during the year and cited “unfavorable sports outcomes” late in Q4 as a headwind.
Net revenue for the quarter rose 8% to $578.3m, while adjusted EBITDA increased 10.4% to $139m. Conversely,  profit before taxes for operators fell 7.9% to $95.1m. 

Super Group’s monthly active customers grew 16% to 6.1 million during Q4. 

“2025 was a standout year for Super Group. We sharpened our focus by exiting the U.S. iGaming market and concentrating resources in countries where we expect durable advantages – driving record customer growth,” CEO Neal Menashe said.

“Despite some unfavorable sports outcomes late in the quarter, Q4 was another record-breaking period for monthly active customers, wagers and deposits. Importantly, we received the final regulatory approval for the Apricot transaction, paving the way to strengthen our ex-Africa sportsbook technology platform and position the business well for the years ahead.”

US Exit Affects EBITDA as Ex-US Operations Drive Q4 Performance

Super Group finalised the withdrawal of its US iGaming operations in July 2025. Management stated that reallocating capital to selected markets formed a key strategic decision.
Adjusted EBITDA for Q4 included a $2m loss tied to residual US activities. Operations outside the US generated $141m in adjusted EBITDA during the quarter.
On 13 February, the group secured a $100m multi-currency revolving credit facility to fund growth initiatives and support corporate liquidity.

Full Year Revenue Climbs 22% Due to New Markets 

For FY2025, net revenue increased 22% to $2.2bn. Growth was driven by Africa, mainly the launch in Botswana, alongside the UK and North America.
However, net revenue from South America, LatAm and Asia Pacific markets declined during the year. 

Profit before tax reached $355.9m for Super Group, representing a 74.6% increase compared to the prior year. Adjusted EBITDA rose 55.8% to $559.5m, with $573.5m from Ex-US operations and a $14m loss from remaining US businesses.

On 21 January, Super Group revised its FY2025 guidance, forecasting net revenue between $2.17bn and $2.27bn. Adjusted EBITDA was projected to range between $555m and $565m, with both figures positioned towards the lower end of the guidance.

For FY2026, the operator expects net revenue to surpass $2.55bn, while adjusted EBITDA might exceed $680m. These details were revealed in a FY2026 guidance published as part of its Q4 and FY2025 financial report.