Super Group has provided a business update report, outlining its expectations for the fourth quarter and full year of 2024.
The results will be officially released in February, and the group stated that "the fourth quarter of 2024 is expected to be its strongest quarter outside the United States in its history."
Last month, the operator raised its full-year 2024 performance expectations, with total revenue expected to increase from 1.55 billion euros (1.62 billion US dollars) to 1.6 billion euros, and its adjusted EBITDA outside the United States from over 345 million euros to at least 360 million euros.
Worth noting: This week, EveryMatrix released its fourth quarter and full-year 2024 performance, reporting a 2024 annual revenue of 181 million euros, up 59%
But now, Super Group expects these numbers to be surpassed, with total revenue for 2024 expected to reach around 1.66 billion euros, and adjusted EBITDA between 387 million euros and 392 million euros.
As mentioned above, the group believes the fourth quarter will be its strongest quarter outside the United States, with total revenue about 486 million euros, and adjusted EBITDA between 125 million euros and 130 million euros, especially December, which will be a strong month for financial performance.
Super Group CEO Neal Menashe said: "I am proud of the brilliant achievements in 2024, with both total revenue and adjusted EBITDA expected to reach new highs. This momentum will continue into early 2025, laying a solid foundation for the coming year.
"I want to thank the global Super Group team for their outstanding performance and look forward to an even better 2025."
