(AsiaGameHub) –   Super Group (SGHC) delivered robust Q1 2026 financials, reporting revenue of $612 million and net profit of $86 million. Adjusted EBITDA rose by 36% compared to the previous year, reaching $152 million, and the company concluded the quarter with $422 million in cash on hand.

Super Group reaffirmed its full-year guidance, projecting revenues to surpass $2.55 billion and adjusted EBITDA to exceed $680 million. The company also updated its reporting structure, shifting from brand-based segments to regional divisions—Africa and International—which was first reflected in the Q4 2025 results announcement.

CEO Neal Menashe noted that the quarter closed with record levels of revenue, active customers, deposits, and wagering activity, alongside an 18% year-on-year increase in monthly active customers, now totaling 6.4 million.

Revenue growth was driven by strong performance across Africa, Europe, America, and other international markets. Profit increased from $59 million in Q1 2025 to $86 million in the current quarter. CFO Alinda van Wyk highlighted that both revenue and EBITDA margins reached all-time highs, with margins at 25%.

Africa generated $267 million in revenue, while International operations contributed $339 million. Sportsbook and iGaming sales remained robust across both regions, with iGaming revenue amounting to $190 million in Africa and $299 million internationally.

Cash reserves stood at $513 million at the end of December 2025 but decreased to $422 million due to dividend payouts and operating expenses related to various investment projects, including a $28 million acquisition of sportsbook software; however, the company maintained strong operating cash inflows of $87 million during this period.

Super Group anticipates sustaining momentum throughout 2026, supported by continued customer growth, expanded international operations, and a solid balance sheet.