The chart below shows how SGHC performed 10 days before and after its earnings report, based on data from the past quarters. Typically, SGHC sees a +1.54% change in stock price 10 days leading up to the earnings, and a +0.46% change 10 days following the report. On the earnings day itself, the stock moves by -4.83%. This data can give you a slight idea of what to expect for the next quarter's release.
Positive
Record Revenue Achievement: Total revenues reached an all-time high for the third quarter, growing 13% year-over-year to €395 million.
Record Adjusted EBITDA Growth: Adjusted EBITDA reached a record for the third quarter, growing 52% year-over-year to €95 million.
Margin Performance Exceeds Target: The company achieved a margin of 24% for the second quarter, ahead of the 20% target.
Casino Revenue Dominance: Casino business represented 83% of overall net revenue for the quarter, indicating strong performance in this segment.
Strong Financial Position: The financial position is robust, finishing the quarter with unrestricted cash of €297 million and no debt.
Negative
Record Q3 Revenue Growth: Total revenue was an all-time high for a third quarter, growing 13% year-over-year to €395 million.
Record Adjusted EBITDA Growth: Adjusted EBITDA was a set of third quarter record, growing 52% year-over-year to €95 million.
Casino Revenue Surge: Our casino business is experiencing super growth, representing 83% of overall net revenue for the quarter.
Sports Book Operation Shutdown: We have completed the shutdown of our U.S. sports book operation, which has impacted our overall profitability.
Revised EBITDA Guidance: We are revising our ex-U.S. adjusted EBITDA guidance to exceed €345 million, representing a margin of 22%.
Super Group (SGHC) Limited (SGHC) Q3 2024 Earnings Call Transcript
SGHC.N
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