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Super Group (SGHC) Limited (SGHC) 10-Year Financial Performance & Capital Metrics

SGHC • • Industrial / General
Consumer CyclicalCasinos & GamingOnline Gaming & Sports BettingMulti-Product Online Gaming
AboutSuper Group (SGHC) Limited operates as an online sports betting and gaming operator. It offers Betway, an online sports betting brand; and Spin, a multi-brand online casino offering. The company is based in Saint Peter Port, Guernsey.Show more
  • Revenue $1.7B +18.2%
  • EBITDA $311M +97.9%
  • Net Income $113M +1171.9%
  • EPS (Diluted) 0.22 +1137.7%
  • Gross Margin 49.59% +6.9%
  • EBITDA Margin 18.33% +67.5%
  • Operating Margin 15.51% +197.1%
  • Net Margin 6.67% +1007.2%
  • ROE 19.27% +1167.5%
  • ROIC 63.27% +282.8%
  • Debt/Equity 0.13 +133.5%
  • Interest Coverage 43.27 +57.3%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓High quality earnings: Operating CF exceeds net income
  • ✓Strong 5Y sales CAGR of 28.9%
  • ✓Good 3Y average ROE of 17.0%
  • ✓Healthy 5Y average net margin of 10.9%
  • ✓Efficient asset utilization: 1.5x turnover

✗Weaknesses

  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y28.94%
3Y4.31%
TTM22.17%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-24.9%
TTM2137.2%

EPS CAGR

10Y-
5Y-
3Y-23.43%
TTM284.05%

ROCE

10Y Avg51.17%
5Y Avg84.35%
3Y Avg22.73%
Latest41.17%

Peer Comparison

Multi-Product Online Gaming
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Size & Scale
Valuation
Per Share
Growth
Profitability
Quality & Returns
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Momentum & Returns
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Technical
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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
FLUTFlutter Entertainment plc35.69B203.70848.7519.15%-1.77%-2.75%2.64%0.66
RSIRush Street Interactive, Inc.1.84B18.77695.1933.7%2.83%10.97%4.19%0.02
CDROCodere Online Luxembourg, S.A.348.95M7.6695.7524.16%1.95%16.14%1.06%0.22
SGHCSuper Group (SGHC) Limited5.06B10.0145.5018.16%10.01%26.93%3.94%0.13
ROLRHigh Roller Technologies, Inc.29.91M3.52-4.29-6.04%-8.09%-34.5%0.17

Profit & Loss

Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+476.04M908.02M1.5B1.39B1.44B1.7B
Revenue Growth %-0.91%0.65%-0.07%0.04%0.18%
Cost of Goods Sold+230.27M365.82M618.43M682.62M769.84M855.43M
COGS % of Revenue0.48%0.4%0.41%0.49%0.54%0.5%
Gross Profit+245.77M542.2M876.85M703.14M666.28M841.42M
Gross Margin %0.52%0.6%0.59%0.51%0.46%0.5%
Gross Profit Growth %-1.21%0.62%-0.2%-0.05%0.26%
Operating Expenses+301.14M416.81M651.78M612.39M591.3M578.26M
OpEx % of Revenue0.63%0.46%0.44%0.44%0.41%0.34%
Selling, General & Admin206.04M352.23M535.36M488.69M463.56M576.74M
SG&A % of Revenue0.43%0.39%0.36%0.35%0.32%0.34%
Research & Development00003.61M1.52M
R&D % of Revenue----0%0%
Other Operating Expenses95.1M64.58M116.42M123.71M124.13M0
Operating Income+-55.37M125.39M225.07M90.75M74.98M263.16M
Operating Margin %-0.12%0.14%0.15%0.07%0.05%0.16%
Operating Income Growth %-3.26%0.8%-0.6%-0.17%2.51%
EBITDA+-24.91M180.79M319.68M162.31M157.16M310.96M
EBITDA Margin %-0.05%0.2%0.21%0.12%0.11%0.18%
EBITDA Growth %-8.26%0.77%-0.49%-0.03%0.98%
D&A (Non-Cash Add-back)30.46M55.41M94.61M71.56M82.19M47.8M
EBIT-9.88M160.64M262.99M233.63M19.51M193.69M
Net Interest Income+-7.58M-10.73M-5.06M877K6.19M4.14M
Interest Income158K257K1.31M2.22M8.91M10.22M
Interest Expense7.74M10.99M6.37M1.34M2.73M6.08M
Other Income/Expense37.75M24.26M30.71M141.44M-58.2M-74.36M
Pretax Income+-17.62M149.65M255.78M232.18M16.78M188.8M
Pretax Margin %-0.04%0.16%0.17%0.17%0.01%0.11%
Income Tax+333K429K-11.29M36.72M25.39M75.25M
Effective Tax Rate %1.02%1%1.04%0.84%-0.63%0.6%
Net Income+-17.95M149.22M267.07M194.57M-10.55M113.1M
Net Margin %-0.04%0.16%0.18%0.14%-0.01%0.07%
Net Income Growth %-9.31%0.79%-0.27%-1.05%11.72%
Net Income (Continuing)-17.95M149.22M267.07M195.46M-8.61M113.55M
Discontinued Operations000000
Minority Interest00017.77M20.43M-1.96M
EPS (Diluted)+0.000.250.490.37-0.020.22
EPS Growth %--0.96%-0.24%-1.06%11.38%
EPS (Basic)0.000.250.490.37-0.020.23
Diluted Shares Outstanding0483.72M483.72M490.04M498.24M504.16M
Basic Shares Outstanding0483.72M472.17M490.02M498.24M501.8M
Dividend Payout Ratio-0.07%---0.41%

Balance Sheet

Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+149.73M322.38M633.08M600.72M544.27M560.47M
Cash & Short-Term Investments74.36M184.31M332.64M273.22M267.42M401.73M
Cash Only74.36M184.31M332.64M273.22M267.42M388.01M
Short-Term Investments0000013.71M
Accounts Receivable15.94M100.72M180.14M127.77M132.75M78.39M
Days Sales Outstanding12.2240.4943.9733.6533.7416.86
Inventory0045.29K94K00
Days Inventory Outstanding--0.030.05--
Other Current Assets39.69M068.27M158.88M84.65M9.06M
Total Non-Current Assets+193.21M351.98M322.59M339.77M517.88M534.92M
Property, Plant & Equipment14.28M16.64M30.61M30.24M46.73M89.18M
Fixed Asset Turnover33.34x54.57x48.84x45.83x30.73x19.03x
Goodwill18.83M23.06M28.33M66.01M104.92M94.59M
Intangible Assets152.5M243.23M195.82M176.6M213.78M294.15M
Long-Term Investments048.7M1.91M1.91M192.34K3.06M
Other Non-Current Assets7.6M3.55M38.62M40.04M111.69M13.54M
Total Assets+342.94M674.36M955.68M940.49M1.06B1.1B
Asset Turnover1.39x1.35x1.56x1.47x1.35x1.55x
Asset Growth %-0.97%0.42%-0.02%0.13%0.03%
Total Current Liabilities+396.68M535.07M349.98M330.52M432.32M446.7M
Accounts Payable59.16M92.07M87.92M68.35M89M92.19M
Days Payables Outstanding93.7791.8651.8936.5542.239.34
Short-Term Debt167.63M227.63M3.41M1.29M96.17K37.46K
Deferred Revenue (Current)01000K1000K1000K1000K1000K
Other Current Liabilities133.23M141.83M68.97M46.91M107.18M10.16M
Current Ratio0.38x0.60x1.81x1.82x1.26x1.25x
Quick Ratio0.38x0.60x1.81x1.82x1.26x1.25x
Cash Conversion Cycle---7.89-2.84--
Total Non-Current Liabilities+20.43M52.57M23.67M36.62M34.25M70.51M
Long-Term Debt7.22M33.04M865.02K000
Capital Lease Obligations8.07M8.26M12.34M11.05M26.44M67.19M
Deferred Tax Liabilities011.27M10.47M9.34M5.18M2.18M
Other Non-Current Liabilities5.15M0016.22M2.63M1.14M
Total Liabilities417.11M587.64M373.66M367.14M466.56M517.21M
Total Debt+184.74M268.93M22.67M19.8M32.31M73.25M
Net Debt110.38M84.62M-309.98M-253.42M-235.11M-314.76M
Debt / Equity-3.10x0.04x0.03x0.05x0.13x
Debt / EBITDA-1.49x0.07x0.12x0.21x0.24x
Net Debt / EBITDA-0.47x-0.97x-1.56x-1.50x-1.01x
Interest Coverage-7.16x11.41x35.33x67.47x27.50x43.27x
Total Equity+-74.18M86.72M582.02M573.35M595.58M578.19M
Equity Growth %-2.17%5.71%-0.01%0.04%-0.03%
Book Value per Share-0.181.201.171.201.15
Total Shareholders' Equity-74.18M86.72M582.02M555.58M575.16M580.15M
Common Stock55M74.91M304.95M310.73M320.29M301.51M
Retained Earnings-128.29M13.37M279.44M251.3M265.98M270.63M
Treasury Stock0000-2.91M-2.74M
Accumulated OCI-890K-1.56M-2.37M-6.44M-8.21M10.75M
Minority Interest00017.77M20.43M-1.96M

Cash Flow

Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+3.59M151.32M209.85M166.84M132.85M295.09M
Operating CF Margin %0.01%0.17%0.14%0.12%0.09%0.17%
Operating CF Growth %-41.14%0.39%-0.2%-0.2%1.22%
Net Income-17.95M149.22M235.88M182.27M-8.61M118.15M
Depreciation & Amortization30.46M55.41M83.56M66.73M82.19M80.86M
Stock-Based Compensation00024.26M00
Deferred Taxes0429K-11.29M34.24M25.39M78.31M
Other Non-Cash Items-6.14M-11.51M-71.06M-148.72M61.64M-6.35M
Working Capital Changes-2.78M-41.79M-27.23M8.05M-27.76M24.12M
Change in Receivables-204K-30.94M-19.19M47.05M-39.02M13.75M
Change in Inventory000000
Change in Payables000000
Cash from Investing+49.64M-5.84M-18.16M-96.52M-5.01M-110.08M
Capital Expenditures-3.4M-12.12M-26.75M-27.54M-9.11M-13.89M
CapEx % of Revenue0.01%0.01%0.02%0.02%0.01%0.01%
Acquisitions------
Investments------
Other Investing15.88M-23.56M13.09M-93.3M14.36M-75.61M
Cash from Financing+-7.89M-81.09M-39.76M-103.18M-131.16M-56.35M
Debt Issued (Net)------
Equity Issued (Net)------
Dividends Paid0-10M000-46.12M
Share Repurchases------
Other Financing-20.77M-66.73M-4.58M-15.78M-1.88M-4.58M
Net Change in Cash------
Free Cash Flow+192K139.21M183.1M139.3M79.3M199.62M
FCF Margin %0%0.15%0.12%0.1%0.06%0.12%
FCF Growth %-724.05%0.32%-0.24%-0.43%1.52%
FCF per Share-0.290.380.280.160.40
FCF Conversion (FCF/Net Income)-0.20x1.01x0.79x0.86x-12.59x2.61x
Interest Paid000000
Taxes Paid000000

Key Ratios

Metric201920202021202220232024
Return on Equity (ROE)-2379.5%79.87%33.68%-1.81%19.27%
Return on Invested Capital (ROIC)-114.72%90.62%76.14%22.99%16.53%63.27%
Gross Margin51.63%59.71%58.64%50.74%46.39%49.59%
Net Margin-3.77%16.43%17.86%14.04%-0.73%6.67%
Debt / Equity-3.10x0.04x0.03x0.05x0.13x
Interest Coverage-7.16x11.41x35.33x67.47x27.50x43.27x
FCF Conversion-0.20x1.01x0.79x0.86x-12.59x2.61x
Revenue Growth-90.74%64.67%-7.32%3.63%18.16%

Revenue by Segment

2021202220232024
Other-3.25M26.05M6.76M
Other Growth--700.68%-74.03%

Revenue by Geography

2021202220232024
Africa And Middle East217.38M271.54M414.89M655.09M
Africa And Middle East Growth-24.91%52.80%57.89%
North America593.65M541.7M544.42M602.78M
North America Growth--8.75%0.50%10.72%
Europe149.11M159.55M224.91M276.97M
Europe Growth-7.01%40.96%23.15%
Asia Pacific329.75M287.85M224.92M140.02M
Asia Pacific Growth--12.71%-21.86%-37.75%
South America30.77M31.57M26.97M21.99M
South America Growth-2.58%-14.57%-18.45%

Frequently Asked Questions

Valuation & Price

Super Group (SGHC) Limited (SGHC) has a price-to-earnings (P/E) ratio of 45.5x. This suggests investors expect higher future growth.

Growth & Financials

Super Group (SGHC) Limited (SGHC) reported $2.00B in revenue for fiscal year 2024. This represents a 320% increase from $476.0M in 2019.

Super Group (SGHC) Limited (SGHC) grew revenue by 18.2% over the past year. This is strong growth.

Yes, Super Group (SGHC) Limited (SGHC) is profitable, generating $200.1M in net income for fiscal year 2024 (6.7% net margin).

Dividend & Returns

Yes, Super Group (SGHC) Limited (SGHC) pays a dividend with a yield of 0.91%. This makes it attractive for income-focused investors.

Super Group (SGHC) Limited (SGHC) has a return on equity (ROE) of 19.3%. This is reasonable for most industries.

Super Group (SGHC) Limited (SGHC) generated $199.6M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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