Super Group (sghc) Limited · NYSE:SGHC
Super Group (sghc) — 25th Annual Needham Growth Conference (January 2023)
23 slides from Super Group (sghc)'s conference presentation, Jan 12, 2023
Slide 1: Investor Presentation
Investor Presentation 25th Annual Needham Growth Conference January 12, 2023
Slide 2: Disclaimers
Disclaimers Forward-Looking Statements Certain statements made in this presentation are “forward looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995.These forward-looking statements include, but are not limited
Slide 3: Contents
Contents 1 Business Overview 2 Product, Marketing & Technology 3 Global Growth Opportunities 4 Financial Overview 5 Appendix
Slide 4: Business Overview
Business Overview Super wtf sroup
Slide 5: Super Group Overview
Super Group Overview Providing first-class entertainment to the worldwide betting and gaming community for over 20 years Single-brand online sportsbook Multi-brand online casinos • Profitable and high-growth sports betting offering • Robust free cash flow with potential for further upside • Global f
Slide 6: Key Investment Highlights
Key Investment Highlights1 €31bn+ 20+ 1 Holding company for leading online sports and online gaming with diversified global footprint Wagers Licensed Jurisdictions (excl. U.S.) 22 29 2 Proven ability to enter and profitably launch in new markets In-Country Teams Languages Offered 3 Proprietary data
Slide 7: Balanced Segment and Geography Breakdown - Net Revenue
Balanced Segment and Geography Breakdown - Net Revenue1 RoW 22% 46% 54% 46% Americas 46% 54% Europe 10% 22% Africa 2 1 Data covers the trailing twelve months ending September 30, 2022 2 Beginning in 2023, financial information for the Betway segment will be broken out as Betway U.S. and Betway Rest
Slide 8: Business Update
Business Update Underlying Businesses are Dynamic Strong Partnerships Ensure Brand Strategic M&A and Reflecting Evolving Markets Awareness Efficient Capital Allocation • Betway and Spin brands successfully • 60+ partnerships worldwide • Warrant exchange executed in December transitioned to the regul
Slide 9: Product, Marketing & Technology
Product, Marketing & Technology
Slide 10: Single brand 20+ Casino brands
Single brand 20+ Casino brands 10
Slide 11: Successful and Distinct Approach to Branding and Marketing
Successful and Distinct Approach to Branding and Marketing • The sports-centric Betway brand focuses on brand building and awareness for high growth • Spin casino brands employ affiliate and digital marketing campaigns to monetize and grow a high-value customer base • The teams benefit from the buyi
Slide 12: Super Group Understands Benefits of Controlling the Technology Stack
Super Group Understands Benefits of Controlling the Technology Stack Source • Super Group owns or has exclusive, long-term In-House Exclusive partnerships for all its core technology assets in all material markets Web & Mobile UX/UI iGaming Platform • Control over technology allows enhanced customer
Slide 13: Global Growth Opportunities
Global Growth Opportunities
Slide 14: Strong Global Position Provides A Base For Future Investment
Strong Global Position Provides A Base For Future Investment Our business model allows us to replicate success in new markets 1. Proven success in entering 3. Flexible technology new markets Adaptable technology stack to 20+ years of experience in capture nuances of individual entering and scaling i
Slide 15: Acquisition of DGC Provides Access to the US Market
Acquisition of DGC Provides Access to the US Market • Acquisition closed on January 1, 2023 • US remains an attractive opportunity with projected TAM of $39bn and $14bn at maturity for Online Sports Betting and iGaming respectively1 • Super Group is focused on expansion into states that will provide
Slide 16: Financial Overview
Financial Overview Super wtf sroup
Slide 17: Maintaining Profitability and Generating Cash
Maintaining Profitability and Generating Cash Total Revenue Operational EBITDA €1,400m Guidance: €320m €1,326m €1.15bn – €1.28bn €302m €1,200m €280m €340m Range1: €70m €183m - €1,036m Guidance: €313m €240m €1,000m €214m €200m – €215m €297m Range1: €200m €800m €313m €308m €84m €33m - €71m €48m €160m
Slide 18: Cost Structure Breakdown
Cost Structure Breakdown % Operating Line Item Type of Cost Cost Base Leverage Direct Expenses Gaming tax, license costs and other tax Processing & fraud costs Variable 42% - 46% Software fees Other Marketing Variable Affiliates, non-affiliate marketing, sponsorships / LED 29% - 33% and Fixed Genera
Slide 19: Investment Summary
Investment Summary Global reach and scale Mix of growth and profitability Data driven and customer centric Control of best-in-class technology Online-only Cash generative with solid balance sheet 20+ years management team 19
Slide 20: Appendix
Appendix Super Hill group
Slide 21: Financial Results
Financial Results Quarter YTD (EUR in millions) 1Q21 2Q21 3Q21 4Q21 1Q22 2Q22 3Q22 Sep-21 Sep-22 Net Revenue 300 339 296 320 315 316 302 935 933 Other Revenue 17 17 17 20 20 7 7 51 34 Total Revenue 317 356 313 340 335 323 308 986 967 Direct Expenses (113) (121) (103) (118) (115) (119) (119) (337) (3
Slide 22: Warrant Exchange Simplifies Capital Structure
Warrant Exchange Simplifies Capital Structure Impact of public warrant exchange, Vested RSU's to participants Dec. 30, 2022 Total Capitalization (millions) Sept 30, 2022 cancelation of private warrants of the RSU schemes Post-Offer Exchange and waive of earnout shares Shares issued and outstanding 4
Slide 23: wit Sueer
wit Sueer sghe group
Super Group (SGHC) — 25th Annual Needham Growth Conference (January 2023) on 6ix