SGHCNYSEServices-Miscellaneous Amusement & RecreationFiscal year ends December 31
Super Group (SGHC) Ltd
Financials through fiscal 2024, year ended Dec 31, 2024Last filing: 20-F on Apr 17, 2026
$10.94−0.15 (-1.35%)
Close on Oct 19, 2026
Margins
Share of revenue, fiscal years 2018 to 2024
Gross margin
–
Operating margin
–
Net margin
6.7%
Growth rates
Compound annual growth to fiscal 2024
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +18.2% | +8.7% | +28.9% | – | |
| Net income | – | -21.7% | – | – | |
| Free cash flow | +119.3% | +9.5% | +307.3% | – |
Returns and balance sheet
7 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2018 | FY2019 | FY2024 | Trend |
|---|---|---|---|---|
| Return on equity | – | – | 21.0% | |
| Return on assets | – | – | 11.2% | |
| Current ratio | – | – | 1.25 | |
| Debt to equity | – | – | – | |
| Net debt to EBITDA | – | – | – | |
| Interest coverage | – | -7.2× | – | |
| Capex to revenue | – | 0.7% | 0.7% | |
| Diluted shares | – | – | 504M |
Where the cash went
Fiscal 2020 to 2024, five years combined
Super Group (SGHC) generated €944.45M from operations and spent €400.01M on capital expenditure, dividends and share buybacks. 8% of that went back into the business.
Generated
€944.45M
Used
€400.01M
Capital expenditure€32.70M8%Dividends€129.62M32%Share buybacks€237.69M59%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin6.7%
×Asset turnover1.69×
×Equity multiplier1.87×
=Return on equity, FY202421.0%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2024 | 6.7% | 1.69× | 1.87× | 21.0% |
| FY2023 | -0.7% | 1.56× | 1.77× | -2.0% |
| FY2022 | 14.0% | 1.50× | 1.67× | 35.2% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2024 against fiscal 2023
5of 7 tests passed in fiscal 2024. Some tests lack the figures they need.
- ProfitableNet income above zero€113.10M
- Cash generatingOperating cash flow above zero€283.58M
- Return on assets improvedROA up on the prior year-1.2% → 11.8%
- Earnings backed by cashOperating cash flow above net income€283.58M vs €113.10M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose1.26 → 1.25
- No dilutionShare count did not rise498M → 504M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose1.64 → 1.77