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Stock impact report

Super Group Reports Financial Results for Second Quarter 2024

Super Group (SGHC) Limited (SGHC) 
Company Research Source: Business Wire
Revenue of €414.7 million for the second quarter of 2024 - an all-time quarterly recordLoss for the three months ended June 30, 2024 of €0.8 million includes non-cash charges of €36.8 million relating to the impairment of DGC related assetsNon-GAAP Adjusted EBITDA ex-US of €98.3 million for the three months ended June 30, 2024 is the highest quarterly ex-US adjusted EBITDA to date, offset by a non-GAAP Adjusted EBITDA loss of €16.4 million from the US, resulting in total non-GAAP Adjusted EBITDA of €81.9 millionUnrestricted cash of €306.8 million at June 30, 2024 NEW YORK--(BUSINESS WIRE)--Super Group (SGHC) Limited (NYSE: SGHC) (“SGHC” or “Super Group”), the parent company of Betway, a leading online sports betting and gaming business, and Spin, the multi-brand online casino, today announced second quarter 2024 unaudited consolidated financial results.Neal Menashe, Chief Executive Officer of Super Group, commented: “The second quarter of 2024 was our strongest quarter ever and dem Show less Read more
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