Super Group (sghc) Limited · NYSE:SGHC
Super Group (sghc) — Q2 2023 Earnings Presentation
15 slides from Super Group (sghc)'s earnings presentation, Aug 17, 2023
Slide 1: 2Q 2023 Earnings Review
2Q 2023 Earnings Review August 17, 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: Agenda
Agenda 01 BUSINESS UPDATE 02 FINANCIAL HIGHLIGHTS 03 APPENDIX
Slide 4: Business Update
BUSINESS UPDATE Overview
Slide 5: 2Q23 Overview: Strategic Objectives and Quarterly Highlights
2Q23 OVERVIEW: STRATEGIC OBJECTIVES AND QUARTERLY HIGHLIGHTS Strategic Objectives: Optimization of Global Effective Management of Continued Profitability Investment for Growth Footprint Capital Structure 2Q23 Highlights: €374m €83m 22% 3.7m Business Ex-US €229m 1 2 Operational EBITDA Average Monthly
Slide 6: Net Revenue by Geography: Continued Global Diversification
1 NET REVENUE BY GEOGRAPHY : CONTINUED GLOBAL DIVERSIFICATION 2Q 2022 2Q 2023 10% 17% 16% 23% 20% 30% 37% 47% Europe Africa Americas RoW 6 1 Charts exclude US operations
Slide 7: Net Revenue by Brand: Underpinned by Strong Casino Offering
1 NET REVENUE BY BRAND : UNDERPINNED BY STRONG CASINO OFFERING 2Q 2022 2Q 2023 42% 45% 55% 58% 7 1 Charts exclude US operations
Slide 8: Financial Highlights
FINANCIAL HIGHLIGHTS Revenue and Profitability
Slide 9: Total Revenue (Ex-US): 2Q23 Was €374M, Up 16% YoY
1,2 TOTAL REVENUE (EX-US) 2023 Total Revenue Guidance: €1.350bn 2Q23 TOTAL REVENUE (EX-US) WAS €374M,↑ 16% YOY Guidance: Net Revenue increased by €48m (+15%) to €364m €1,326m €1,350m • Highest ever Net Revenue achieved in a quarter €1,296m €340m Sports Betting Revenue increased by €33m (+30%) to €14
Slide 10: Operational EBITDA (Ex-US): 2Q23 Was €83M, Up 54% YoY
1,2 OPERATIONAL EBITDA (EX-US) Revised 2023 Operational EBITDA Guidance: at least €240m 2Q23 OPERATIONAL EBITDA (EX-US) WAS €83M,↑ 54% YOY Operational EBITDA Margin was 22% • Significant scale and profitability achieved in the majority of markets €302m Revised Guidance: Direct Expenses increased by
Slide 11: Appendix
APPENDIX iSupergroup
Slide 12: Financial Results, Operating Basis (Ex-US)
1 FINANCIAL RESULTS, OPERATING BASIS (EX-US) Quarter YTD EUR (Millions) 1Q ’23 2Q ’23 1Q ‘22 2Q ‘22 3Q ‘22 4Q ’22 Jun-23 Jun-22 Net Revenue (Ex-US) 321 364 315 316 302 322 685 631 Sports Betting 119 144 110 111 105 113 263 221 Online Casino 202 220 205 205 197 209 422 410 Other Revenue 10 10 20 7 7
Slide 13: Reconciliation to Financial Statements in Form 6-K – EBITDA
1 RECONCILIATION TO FINANCIAL STATEMENTS IN FORM 6-K – EBITDA (In Millions) 2Q ’23 Operational EBITDA (Ex-US) 83 Operational EBITDA (US) (13) Consolidated Operational EBITDA 70 Non-Recurring and Non-Operational Adjustments — Adjusted 6-K EBITDA 70 Unrealized Foreign Exchange (1) RSU Expense (3) Reco
Slide 14: Detailed Share Count
DETAILED SHARE COUNT Shares (millions) Shares Issued and Outstanding 498.6 Unvested Restricted stock units granted to employees 5.4 Fully Diluted Shares 504.0 14
Slide 15: investors@sghc.com
nil Supergroup investors@sghc.com