Super Group Limited (NYSE: SGHC) saw significant revenue growth in Q1 2025, with strong performance in Africa and Europe, but a decline in APEC
From Yahoo Finance: 2025-06-24 15:09:00
Super Group Limited (NYSE: SGHC) is a top mid-cap growth stock. BTIG raised the price target to $11 and reiterated a Buy rating. Q1 2025 saw record revenue of $517 million, up 25% YoY. Active customers increased to 5.4 million. Revenue growth in Africa and Europe was strong, while APEC saw a decline.
Super Group Limited operates online sports betting and gaming. Revenue growth in Q1 2025 was significant, with sports betting up 7% and casino operations up 23%. Geographically, Africa and Europe showed strong growth, while the APEC region experienced a decline due to currency weakness and market closures.
A reputable investor confidently betting on sports events online. Super Group’s Q1 revenue hit $517 million, up 25% YoY. Strong growth in Africa and Europe, while APEC saw a decline. BTIG increased price target to $11, reiterating Buy rating. Active customers at 5.4 million.
Super Group Limited (NYSE: SGHC) operates in online sports betting and gaming. Q1 2025 revenue reached $517 million, up 25% YoY. Strong growth in Africa and Europe, but APEC region saw a decline. BTIG raised price target to $11, reiterating Buy rating. Active customers at 5.4 million.
Read more: BTIG Lifts Super Group (SGHC) PT to $11, Reiterates Buy Rating