Super Group has opened 2026 with its strongest quarterly efficiency thus far, reporting file income and buyer engagement figures for the primary three months of the 12 months. The firm, which operates the Betway sportsbook and the Spin on-line on line casino manufacturers, additionally confirmed a shift in the way it presents its monetary outcomes, shifting from brand-based reporting to a construction centered on regional efficiency.
Revenue for the quarter reached $612 million, representing an 18% enhance in comparison with the identical interval in 2025. Adjusted EBITDA climbed 36% to $152 million, whereas revenue for the interval rose to $86 million from $59 million a 12 months earlier. The group additionally recorded its highest-ever degree of common month-to-month lively prospects, which elevated 18% year-on-year to six.4 million.
Regional Reporting Reflects Strategic Shift
Neal Menashe, Chief Executive Officer of Super Group, stated, “Q1 2026 was a record-breaking start to the year for Super Group, with all-time highs in revenue, monthly active customers, deposits, and wagering. Our performance reflects the strength of our strategy, the power of our brands, and the discipline of our team. Africa delivered another excellent quarter, while our International segment continued to gain traction. We also strengthened our leadership team with key appointments, reinforcing our commitment to operational excellence and accelerated growth. With a highly stable casino business, fortified sports trading capabilities ahead of the World Cup, and strong momentum across regions, we believe that Super Group is well positioned for the remainder of 2026.”
The firm has launched a brand new reporting construction that divides its enterprise into Africa and International segments, changing the earlier breakdown between Betway and Spin. This change aligns monetary disclosures with inner administration practices and is meant to offer a clearer view of efficiency throughout totally different markets.
Under the up to date construction, Africa emerged because the main development driver throughout the quarter. Revenue within the area reached $267 million, reflecting a major year-on-year enhance. iGaming exercise contributed the most important share inside Africa, producing $190 million in income, whereas sports activities betting income additionally improved to $77 million.
The International phase reported income of $339 million, displaying continued enlargement, although at a slower tempo in comparison with Africa. Within this phase, the Americas, notably Canada, remained the most important contributor, producing $195 million. European markets recorded notable positive factors, with income rising to $113 million, whereas the remainder of the world phase added $31 million.
Management indicated that the brand new segmentation offers improved transparency, stating that it “better reflects how it manages operations internally and allocates resources across markets.”
Growth Supported by Customer Activity and Market Expansion
Customer engagement performed a key position within the quarter’s outcomes, with file ranges of deposits and wagering reported. The enhance in lively customers displays continued development throughout a number of areas, supported by ongoing product growth and market enlargement.
Financial efficiency additionally benefited from sturdy money era. The group ended the quarter with $422 million in money, regardless of returning $152 million to shareholders throughout the identical interval. Operating actions contributed $87 million in inflows, whereas investing and financing actions included outflows associated to a sportsbook acquisition and dividend funds.
Alinda van Wyk, Chief Financial Officer of Super Group, said in the company’s press release, “Our first quarter demonstrates each the robustness and scalability of our enterprise mannequin. Revenue hit a brand new excessive of $612 million, marking an 18% enhance in comparison with the identical interval final 12 months. Adjusted EBITDA skilled a 36% rise, reaching $152 million and pushing our margin to 25%. The variety of common month-to-month lively prospects additionally set a file at 6.4 million, representing an 18% year-over-year development. Our steadiness sheet stays resilient, concluding the quarter with $422 million in money. This sturdy money place was achieved even after distributing $152 million to shareholders throughout the quarter.
We are reaffirming our steering for the total 12 months 2026, focusing on a minimal whole income of $2.55 billion and Adjusted EBITDA exceeding $680 million. These projections are supported by our conviction within the sustainability of our enterprise, efficient execution throughout numerous areas, and the working leverage inherent in our operations.”
Outlook Remains Positive Despite Market Pressures
The firm maintained its full-year steering, projecting income of a minimum of $2.55 billion and adjusted EBITDA exceeding $680 million. Management pointed to continued momentum in key areas and steady efficiency in its on line casino phase as elements supporting these expectations.
While the general outcomes have been sturdy, the quarter additionally mirrored some challenges. Foreign forex fluctuations had a detrimental impression on the underside line, and working bills elevated throughout the enterprise. Even so, pre-tax revenue improved considerably, and general monetary efficiency remained constructive.
Super Group continues to develop its presence in regulated markets, with ongoing developments in areas similar to Europe and the Americas. The firm has additionally been getting ready for upcoming business occasions, together with elevated sports activities betting exercise linked to main world tournaments.
