Super Group (SGHC) Ltd (NYSE:SGHC)

Q1 2026 SGHC Ltd Earnings Call Transcript

May 12, 2026 / 12:00 PM GMT

Release Date Price: $12.92 (-1.97%)

Transcript

Key Points

Positve

Super Group (SGHC) Ltd (SGHC) achieved record-breaking quarterly revenue and unprecedented monthly active customers in Q1 2026.
The company reported a significant increase in deposits and wagering, continuing the momentum from Q4.
Africa segment revenue grew 33% year-over-year, with adjusted EBITDA up 21% to $98 million.
International segment revenue increased by 9%, with adjusted EBITDA growing 26% to $73 million.
The company ended the quarter with $422 million in cash, a 20% increase year-over-year, despite returning $152 million to shareholders.

Negative

The company faces challenges from new UK tax regulations, which could impact EBITDA by approximately $30 million.
Despite strong performance, Super Group (SGHC) Ltd (SGHC) did not raise its full-year guidance, citing a cautious approach early in the year.
The competitive environment in North America, particularly in Ontario, remains challenging.
The phased rollout of the Zar Supercoin consumer wallet is still in its early stages, with adoption expected to take time.
The company is cautious about the potential impact of the World Cup on margins, as early rounds could be unpredictable.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

SGHC.N - SGHC Ltd
Q1 2026 SGHC Ltd Earnings Call
May 12, 2026 / 12:00PM GMT

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Presentation
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Unidentified_1 [1]
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Thank you for standing by and welcome to the SuperGroup First Quarter 2026 Earnings Webcast and Conference Call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question-and-answer session. If you would like to ask a question during this time, simply press followed by the number 1 on your telephone keypad. If you would like to withdraw your question. Again, press *1.

Thank you. I'd now like to turn the call over to Nikhem Ojibwal, Head of Investor Relations. You may begin.

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Unidentified_2 [2]
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