Super Group expects Q4 2024 to be its strongest ever ex-US quarter, with revenue of around €486m [$506m] and adjusted EBITDA of between €125m and €130m [$130m and $135m].
Shares of the Betway and Spin operator gained more than 8% after the operator released a preliminary update [Wednesday].
For Q4, Super Group projects to have set a number of new monthly ex-US records, achieving new highs for deposits and revenue in December.
For full-year 2024, the group also expects to have surpassed its previously issued ex-US guidance target of €1.6bn in revenue and adjusted EBITDA greater than €360m.
The operator said revenue increased by approximately 18% to €1.66bn for the year, while adjusted EBITDA grew by more than 50%, anticipated to come in between €387m and €392m, at a margin of greater than 23%.
