Super Group Reports Third Quarter Results and Revises Annual Outlook

International gaming company Super Group has published its financial results for the third quarter of the year. The results highlight the resilience of the company's casino-focused business model, while the company also revised its outlook due to changes in revenue and sports results that favored customers.

According to unaudited consolidated results, group revenue rose 10% year over year to $611 million. Growth was driven by the Africa, Americas, Europe and Other Regions segments. Profit increased from $96 million in the third quarter of 2025 to $142 million. Adjusted EBITDA rose 8% to $165 million. The number of monthly active customers grew 9% to 6 million.

As of September 30, 2026, the company's cash and cash equivalents stood at $602 million, compared with $513 million as of December 31, 2025. During the period, the company recorded $377 million in cash inflows from operating activities, $67 million in outflows from investing activities and $215 million in outflows from financing activities. It also reported a $6 million loss from currency fluctuations.

For the full year, the company set revenue guidance of $2.525 billion to $2.575 billion and adjusted EBITDA guidance of $700 million to $720 million. The midpoint of the EBITDA guidance is largely in line with the outlook announced at the end of the second quarter. Revenue guidance, however, shows a slight decrease.

CEO Neal Menashe said the increase in adjusted EBITDA came despite results in sports betting that favored customers, and that the less volatile casino business absorbed the short-term shock. CFO Alinda van Wyk said the revised outlook reflects sports results that favored customers. Van Wyk added that the company is optimistic about its long-term outlook, citing its flexibility and investments in organic and strategic opportunities. The company also announced that its board approved a $150 million share buyback program on October 30, and that the program will run until December 2027.