EasyEquities Blog

Super Group (Betway) Raises Dividend 25% After $2.2 Billion Revenue Year

Written by Cay-Low Mbedzi | Feb 25, 2026 8:18:33 AM

Super Group (SGHC) Limited, the parent company of Betway and Spin, has released its fourth-quarter and full-year 2025 financial results, highlighting strong growth, improved profitability, and an increased commitment to shareholder returns.

The group reported revenue of $2.2 billion for the full year and $578.3 million for the fourth quarter, reflecting continued momentum across key regions including Africa, Europe, and Canada. 

Profit before tax reached $355.9 million for the year and $95.1 million for the quarter, while adjusted EBITDA rose to $559.5 million for the year and $139.0 million for the quarter. The company also ended the year with a strong cash position of $513.2 million, reinforcing its ability to invest in growth while returning capital to shareholders.

Africa Fuels Growth with Mobile and Online Betting

Africa remains one of the most important growth regions for the group, with a rapidly expanding customer base driven by rising mobile penetration and increased access to digital payment solutions. The region continues to deliver strong wagering growth, supported by ongoing technology upgrades and product improvements.

Super Group continues to prioritise Africa as a core growth market, with nearly half of its revenue generated from the region. The successful launch in Botswana and continued customer growth highlight the long-term opportunity as more consumers shift toward online betting and gaming platforms.

Revenue growth in the fourth quarter was also supported by strong performance in Europe and Canada, while customer numbers increased significantly, reflecting continued global expansion and improved engagement across its platforms.

Stronger Shareholder Returns and Higher Dividend Target

Super Group has increased its minimum quarterly dividend target to $0.05 per share, up from $0.04 previously. This represents a 25% increase and reflects management’s confidence in the company’s earnings growth, cash generation, and long-term outlook.

In line with this new target, the Board has declared a quarterly dividend of $0.05 per share, which will be paid in March 2026. Super Group’s quarterly dividends are usually paid in March, June, September, and December.

Important dates for the upcoming dividend:

  • Last date to trade – 13 March 2026 
  • Payment date – 31 March 2026

Shares that qualify for the dividend payout are those bought on or before the last date to trade, ensuring investors are recorded as shareholders by the record date.

The company also confirmed that its annual dividend target will increase to $0.20 per share, up from $0.16 cents previously, reinforcing its commitment to delivering consistent and growing income to investors. This follows a special dividend paid earlier this year, supported by strong cash generation and a healthy balance sheet.

Outlook Remains Strong

Super Group expects continued growth in 2026, with guidance projecting revenue of more than $2.55 billion and adjusted EBITDA exceeding $680 million. The company’s strategic focus on high-growth markets, strong customer acquisition, and disciplined capital allocation is expected to support further earnings and dividend growth.

Conclusion

Super Group’s latest results highlight the strength of its global business model, supported by strong growth in Africa and other key markets, rising profitability, and a solid balance sheet. The increase in its quarterly dividend target and the March dividend payment underscore its commitment to rewarding shareholders.

While regulatory developments remain an important consideration across global gambling markets, the company’s strong financial position, growing customer base, and expanding presence position it well for continued growth and sustainable dividend payouts.

 

 

 

 

Any opinions, news, research, reports, analyses, prices, or other information contained within this research is provided by an employee of EasyEquities an authorised FSP (FSP no 22588) as general market commentary and does not constitute investment advice for the purposes of the Financial Advisory and Intermediary Services Act, 2002. First World Trader (Pty) Ltd t/a EasyEquities (“EasyEquities”) does not warrant the correctness, accuracy, timeliness, reliability or completeness of any information (i) contained within this research and (ii) received from third party data providers. You must rely solely upon your own judgment in all aspects of your investment and/or trading decisions and all investments and/or trades are made at your own risk. EasyEquities (including any of their employees) will not accept any liability for any direct or indirect loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from use of or reliance on the market commentary. The content contained within is subject to change at any time without notice. Past performance is not indicative of future results.