Super Group, the parent company of Betway and Spin, reported full-year revenue of $2.2 billion for 2025, up 22% from $1.8 billion a year earlier, driven largely by strong performance in Africa.
The online betting and gaming operator’s fourth-quarter revenue rose 8% to $578.3 million from $533.3 million in the prior-year period. Profit before tax, however, fell to $95.1 million from $103.3 million in Q4 2024.
For the entire year, profit before tax increased to $355.9 million from $203.8 million in 2024. Adjusted EBITDA for the year rose 57% to $559.5 million, while fourth-quarter Adjusted EBITDA climbed to $139.0 million from $125.9 million.
Monthly average customers for the year grew 17% to 5.6 million, while fourth-quarter monthly average customers increased 16% to 6.1 million.
Chief Executive Officer Neal Menashe said 2025 was a strong year for the group as it streamlined operations and focused on core markets.
Menashe said: “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.”
Despite some unfavorable sports outcomes late in the quarter, Q4 was another record-breaking period for monthly active customers, wagers, and deposits.
The company’s growth was largely driven by Africa, including a launch in Botswana. Revenue shot up by 27% year-on-year across the region. The company made a concerted push in Africa last year, entering new markets and launching a stablecoin in South Africa to appeal to crypto consumers.
Growth in Europe came mostly from the United Kingdom, and in North America mainly Canada, excluding Ontario. These gains were partly offset by declines in South/Latin America and APAC markets.
Chief Financial Officer Alinda van Wyk praised last year’s results. “Financially, 2025 demonstrated the strength and scalability of Super Group’s model. Revenue grew 22% year-over-year to $2.2 billion and Adjusted EBITDA surged 57% to $560 million, representing an impressive margin of around 25%. We continue to maintain a strong balance sheet, closing the year with $513 million in cash.”
For 2026, the company is introducing guidance with total revenue of at least $2.55 billion and Adjusted EBITDA in excess of $680 million, while raising quarterly dividends by a minimum of 25% to 5.0 cents per share. “These targets reflect our continued customer momentum, operating leverage, and disciplined capital allocation strategy,” said van Wyk.
The board declared a first dividend of 5.0 cents per share payable on March 31, 2026, to shareholders of record on March 16, 2026. The company returned $156 million to shareholders in 2025 and declared an additional $125 million special dividend earlier this year.
Original article: https://www.yogonet.com/international/news/2026/02/26/117794-super-group-revenue-jumps-22-to-22-billion-in-2025-driven-by-africa-growth
