Board Change • May 21
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 3 highly experienced directors. Independent Non-Executive Director Jack Phalane was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Dec 30
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 3 highly experienced directors. Independent Non-Executive Director Jack Phalane was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Aankondiging • Nov 28
Super Group Limited Announces Group Social and Ethics Committee Appointments Super Group Limited announced at the AGM held on November 28, 2025, approved election of Ms Pitsi Mnisi, Mr. Simphiwe Mehlomakulu and Mr. Peter Mountford as Group Social and Ethics Committee. Aankondiging • Oct 15
Super Group Limited, Annual General Meeting, Nov 28, 2025 Super Group Limited, Annual General Meeting, Nov 28, 2025. Aankondiging • Aug 29
Super Group Limited to Report Fiscal Year 2025 Results on Sep 09, 2025 Super Group Limited announced that they will report fiscal year 2025 results at 7:05 AM, South Africa Standard Time on Sep 09, 2025 Aankondiging • Aug 05
Mutares SE & Co. KGaA (XTRA:MUX) completed the acquisition of IN tIME Group from Super Group Limited (JSE:SPG). Mutares SE & Co. KGaA (XTRA:MUX) agreed to acquire IN tIME Group from Super Group Limited (JSE:SPG) on June 20, 2025.
For the period ending December 31, 2024, IN tIME Group reported total revenue of €115 million.
Mutares SE & Co. KGaA (XTRA:MUX) completed the acquisition of IN tIME Group from Super Group Limited (JSE:SPG) on August 4, 2025. Aankondiging • Jun 24
PSG Asset Management (Pty) Ltd acquired an additional minority stake in Super Group Limited (JSE:SPG). PSG Asset Management (Pty) Ltd acquired an additional minority stake in Super Group Limited (JSE:SPG) on June 24, 2025. After completion, PSG Asset Management now holds 10.3% stake in Super Group.
PSG Asset Management (Pty) Ltd completed the acquisition of an additional minority stake in Super Group Limited (JSE:SPG) on June 24, 2025. Aankondiging • Jun 20
Mutares SE & Co. KGaA (XTRA:MUX) agreed to acquire IN tIME Group from Super Group Limited (JSE:SPG). Mutares SE & Co. KGaA (XTRA:MUX) agreed to acquire IN tIME Group from Super Group Limited (JSE:SPG) on June 20, 2025.
For the period ending December 31, 2024, IN tIME Group reported total revenue of €115 million. Aankondiging • Nov 16
Super Group Limited Appoints Dave Cathrall as Lead Independent Non-Executive Director Super Group Limited advised of the following changes to the important functions of a director. Dave Cathrall, currently an independent non-executive director, Chairman of the Audit Committee and Risk Committee and a member of the Remuneration Committee, has been appointed as the Lead Independent Non-Executive Director with effect from 15 November 2024. The lead independent director performs specific duties primarily aimed at strengthening the chair of the board of directors in line with the recommendations contained in the King IV Report on Corporate Governance for South Africa 2016. New Risk • Nov 16
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.7% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Dividend is not well covered by earnings and cash flows. Payout ratio: 466% Paying a dividend despite having no free cash flows. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.07% net profit margin). Shareholders have been diluted in the past year (3.7% increase in shares outstanding). Reported Earnings • Oct 18
Full year 2024 earnings released: EPS: R0.13 (vs R4.81 in FY 2023) Full year 2024 results: EPS: R0.13 (down from R4.81 in FY 2023). Revenue: R64.9b (up 4.6% from FY 2023). Net income: R43.5m (down 97% from FY 2023). Profit margin: 0.1% (down from 2.6% in FY 2023). Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 16% per year, which means it is performing significantly worse than earnings. Aankondiging • Oct 16
Super Group Limited, Annual General Meeting, Nov 29, 2024 Super Group Limited, Annual General Meeting, Nov 29, 2024. Recent Insider Transactions • Sep 26
Group CEO & Executive Director recently sold €163k worth of stock On the 18th of September, Peter Mountford sold around 131k shares on-market at roughly €1.24 per share. This transaction amounted to 22% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Peter's only on-market trade for the last 12 months. Upcoming Dividend • Sep 25
Upcoming dividend of R0.60 per share Eligible shareholders must have bought the stock before 02 October 2024. Payment date: 07 October 2024. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.1%). New Risk • Sep 18
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 466% The company is paying a dividend despite having no free cash flows. Dividend yield: 3.1% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Dividend is not well covered by earnings and cash flows. Payout ratio: 466% Paying a dividend despite having no free cash flows. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.07% net profit margin). New Risk • Sep 12
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 46% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.07% net profit margin). Aankondiging • Sep 11
Super Group Limited Announces A Final Gross Dividend for the Year Ended 30 June 2024, Payable on 7 October 2024 Super Group Limited announced a final gross dividend of 60 cents (2023: 80 cents) per share has been declared out of income reserves in respect of the ordinary shares of no-par value for the year ended 30 June 2024. Shares trade ex-dividend is 2 October 2024. Record date is 4 October 2024. Payment date is 7 October 2024. Aankondiging • Aug 12
Super Group Limited to Report Fiscal Year 2024 Results on Sep 11, 2024 Super Group Limited announced that they will report fiscal year 2024 results at 7:05 AM, South Africa Standard Time on Sep 11, 2024 Reported Earnings • Feb 29
First half 2024 earnings released: EPS: R2.06 (vs R2.42 in 1H 2023) First half 2024 results: EPS: R2.06 (down from R2.42 in 1H 2023). Revenue: R33.2b (up 12% from 1H 2023). Net income: R692.8m (down 16% from 1H 2023). Profit margin: 2.1% (down from 2.8% in 1H 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Aankondiging • Feb 21
Super Group Limited to Report First Half, 2024 Results on Feb 27, 2024 Super Group Limited announced that they will report first half, 2024 results on Feb 27, 2024 Aankondiging • Nov 29
Super Group Limited Announces Change in Committee Annual General Meeting of Super Group shareholders held on 28 November 2023 approved Election of the Group Audit Committee: Mr. David Cathrall, Mr. Jack Phalane, Ms Pitsi Mnisi. Election of the Group Social an Ethics Committee: Ms Pitsi Mnisi, Mr. Simphiwe Mehlomakulu, Mr. Peter Mountford. Buying Opportunity • Nov 29
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 10.0%. The fair value is estimated to be €1.94, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 6.2% per annum. Earnings is also forecast to grow by 8.6% per annum over the same time period. Board Change • Nov 02
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 3 highly experienced directors. Independent Non-Executive Director Jack Phalane was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Aankondiging • Nov 01
Super Group Limited, Annual General Meeting, Nov 28, 2023 Super Group Limited, Annual General Meeting, Nov 28, 2023, at 09:00 South Africa Standard Time. Reported Earnings • Oct 26
Full year 2023 earnings released: EPS: R4.73 (vs R3.79 in FY 2022) Full year 2023 results: EPS: R4.73 (up from R3.79 in FY 2022). Revenue: R61.9b (up 31% from FY 2022). Net income: R1.60b (up 17% from FY 2022). Profit margin: 2.6% (down from 2.9% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Specialty Retail industry in Germany. Upcoming Dividend • Oct 11
Upcoming dividend of R0.80 per share at 2.4% yield Eligible shareholders must have bought the stock before 18 October 2023. Payment date: 23 October 2023. Payout ratio is a comfortable 17% but the company is not cash flow positive. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (3.1%). Reported Earnings • Aug 30
Full year 2023 earnings released: EPS: R4.73 (vs R3.79 in FY 2022) Full year 2023 results: EPS: R4.73 (up from R3.79 in FY 2022). Revenue: R61.9b (up 31% from FY 2022). Net income: R1.60b (up 17% from FY 2022). Profit margin: 2.6% (down from 2.9% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.1% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the Specialty Retail industry in Germany. Aankondiging • Aug 29
Super Group Limited Announces a Final Gross Dividend for the Year Ended 30 June 2023, Payable on 23 October 2023 Super Group Limited announced a final gross dividend of 80 cents (2022: 63 cents) per share has been declared out of income reserves in respect of the ordinary shares of no-par value for the year ended 30 June 2023. Dividend payable on 23 October 2023 and record date of 20 October 2023. New Risk • Aug 24
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (10% operating cash flow to total debt). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Dividend is not well covered by cash flows (211% cash payout ratio). Buying Opportunity • Aug 22
Now 20% undervalued Over the last 90 days, the stock is up 18%. The fair value is estimated to be €2.06, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 52%. Revenue is forecast to grow by 23% in 2 years. Earnings is forecast to grow by 29% in the next 2 years. Aankondiging • Jul 29
Super Group Limited to Report Fiscal Year 2023 Results on Aug 29, 2023 Super Group Limited announced that they will report fiscal year 2023 results at 7:05 AM, South Africa Standard Time on Aug 29, 2023 Aankondiging • Jul 28
Super Group Limited Provides Earnings Guidance for the Twelve Months Ended 30 June 2023 Super Group Limited provided earnings guidance for the twelve months ended 30 June 2023. For the year, the company expects Earnings per share to be 454.2 cents per share to 480.7 cents per share and Headline earnings per share 456.8 cents per share to 483.5 cents per share. Buying Opportunity • Apr 03
Now 21% undervalued Over the last 90 days, the stock is up 17%. The fair value is estimated to be €2.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 52%. Revenue is forecast to grow by 22% in 2 years. Earnings is forecast to grow by 27% in the next 2 years. Buying Opportunity • Mar 17
Now 23% undervalued Over the last 90 days, the stock is up 22%. The fair value is estimated to be €2.15, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 52%. Revenue is forecast to grow by 22% in 2 years. Earnings is forecast to grow by 27% in the next 2 years. Valuation Update With 7 Day Price Move • Mar 06
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €1.85, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 13x in the Specialty Retail industry in Europe. Total returns to shareholders of 6.5% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €2.22 per share. Buying Opportunity • Feb 28
Now 23% undervalued Over the last 90 days, the stock is up 8.8%. The fair value is estimated to be €2.07, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 52%. Revenue is forecast to grow by 12% in 2 years. Earnings is forecast to grow by 27% in the next 2 years. Reported Earnings • Feb 22
First half 2023 earnings released: EPS: R2.50 (vs R1.90 in 1H 2022) First half 2023 results: EPS: R2.50 (up from R1.90 in 1H 2022). Revenue: R29.1b (up 35% from 1H 2022). Net income: R852.6m (up 24% from 1H 2022). Profit margin: 2.9% (down from 3.2% in 1H 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Specialty Retail industry in Germany. Aankondiging • Feb 03
Super Group Limited to Report First Half, 2023 Results on Feb 21, 2023 Super Group Limited announced that they will report first half, 2023 results on Feb 21, 2023 Upcoming Dividend • Oct 12
Upcoming dividend of R0.63 per share Eligible shareholders must have bought the stock before 19 October 2022. Payment date: 24 October 2022. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (5.3%). Lower than average of industry peers (4.8%). Aankondiging • Oct 01
Super Group Limited, Annual General Meeting, Nov 29, 2022 Super Group Limited, Annual General Meeting, Nov 29, 2022. Reported Earnings • Aug 31
Full year 2022 earnings released: EPS: R379 (vs R2.84 in FY 2021) Full year 2022 results: EPS: R379 (up from R2.84 in FY 2021). Revenue: R46.2b (up 17% from FY 2021). Net income: R1.36b (up 33% from FY 2021). Profit margin: 2.9% (up from 2.6% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 7.3%, compared to a 11% growth forecast for the Specialty Retail industry in Germany. Aankondiging • Jul 20
Super Group Limited to Report Fiscal Year 2022 Results on Aug 30, 2022 Super Group Limited announced that they will report fiscal year 2022 results at 7:00 AM, South Africa Standard Time on Aug 30, 2022 Valuation Update With 7 Day Price Move • Apr 20
Investor sentiment deteriorated over the past week After last week's 15% share price decline to €1.48, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 12x in the Specialty Retail industry in Europe. Total loss to shareholders of 8.0% over the past year. Aankondiging • Mar 06
Super Group Limited Receives Resignation of Phillip Vallet as Board Chairman Super Group Limited received from Mr. Phillip Vallet expressing his intention to resign as a non-Independent, non-Executive Director and Chairman of the Board of Directors of Super Group Limited, following the Group's AGMwhich is scheduled to be held on 15 November 2022. Reported Earnings • Oct 27
Full year 2021 earnings released: EPS R2.84 (vs R0.52 loss in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: R39.5b (up 14% from FY 2020). Net income: R1.02b (up R1.21b from FY 2020). Profit margin: 2.6% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Reported Earnings • Sep 01
Full year 2021 earnings released: EPS R2.84 (vs R0.52 loss in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: R39.5b (up 14% from FY 2020). Net income: R1.02b (up R1.21b from FY 2020). Profit margin: 2.6% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Director Overboarding • Aug 28
Director Valentine Chitalu has joined 6th company board Valentine Chitalu has been appointed to the board of Arc Minerals Limited (AIM:ARCM). Chitalu now sits on a total of 6 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations. Director Overboarding • Aug 28
Director Valentine Chitalu has joined 6th company board Valentine Chitalu has been appointed to the board of Arc Minerals Limited (AIM:ARCM). Chitalu now sits on a total of 6 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations. Director Overboarding • Aug 28
Director Valentine Chitalu has joined 6th company board Valentine Chitalu has been appointed to the board of Arc Minerals Limited (AIM:ARCM). Chitalu now sits on a total of 6 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations. Director Overboarding • Aug 28
Director Valentine Chitalu has joined 6th company board Valentine Chitalu has been appointed to the board of Arc Minerals Limited (AIM:ARCM). Chitalu now sits on a total of 6 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations. Director Overboarding • Aug 28
Director Valentine Chitalu has joined 6th company board Valentine Chitalu has been appointed to the board of Arc Minerals Limited (AIM:ARCM). Chitalu now sits on a total of 6 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations. Director Overboarding • Aug 28
Director Valentine Chitalu has joined 6th company board Valentine Chitalu has been appointed to the board of Arc Minerals Limited (AIM:ARCM). Chitalu now sits on a total of 6 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations. Director Overboarding • Aug 28
Director Valentine Chitalu has joined 6th company board Valentine Chitalu has been appointed to the board of Arc Minerals Limited (AIM:ARCM). Chitalu now sits on a total of 6 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations. Director Overboarding • Aug 28
Director Valentine Chitalu has joined 6th company board Valentine Chitalu has been appointed to the board of Arc Minerals Limited (AIM:ARCM). Chitalu now sits on a total of 6 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations. Director Overboarding • Aug 28
Director Valentine Chitalu has joined 6th company board Valentine Chitalu has been appointed to the board of Arc Minerals Limited (AIM:ARCM). Chitalu now sits on a total of 6 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations. Director Overboarding • Aug 28
Director Valentine Chitalu has joined 6th company board Valentine Chitalu has been appointed to the board of Arc Minerals Limited (AIM:ARCM). Chitalu now sits on a total of 6 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations. Director Overboarding • Aug 12
Director Valentine Chitalu has joined 5th company board Valentine Chitalu has been appointed to the board of Choppies Enterprises Limited (BSM:CHOPPIES). Chitalu now sits on a total of 5 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations. Director Overboarding • Aug 12
Director Valentine Chitalu has joined 5th company board Valentine Chitalu has been appointed to the board of Choppies Enterprises Limited (BSM:CHOPPIES). Chitalu now sits on a total of 5 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations. Director Overboarding • Aug 12
Director Valentine Chitalu has joined 5th company board Valentine Chitalu has been appointed to the board of Choppies Enterprises Limited (BSM:CHOPPIES). Chitalu now sits on a total of 5 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations. Reported Earnings • Feb 26
First half 2021 earnings released: EPS R1.60 (vs R1.42 in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: R20.0b (up 5.8% from 1H 2020). Net income: R576.0m (up 12% from 1H 2020). Profit margin: 2.9% (up from 2.7% in 1H 2020).