Super Group (SGHC) (SGHC) Change in Intangibles (2021 - 2025)
Super Group (SGHC) (SGHC) posted quarterly Change in Intangibles of -$45.0 million for Q2 2025, down 25.0% year-over-year from -$60.0 million in Q2 2024, and down 25.0% quarter-over-quarter from -$36.0 million in Q2 2024.
Super Group (SGHC) (SGHC) Change in Intangibles (2021 - 2025) Analysis & Trends
Super Group (SGHC) (SGHC) has reported Change in Intangibles for 4 consecutive years, with -$45.0 million the latest figure, recorded in Q2 2025.
- In Q2 2025, Change in Intangibles fell 25.0% year-over-year to -$45.0 million; the TTM figure through Jun 2025 stood at -$92.4 million (changed N/A YoY), while the FY2025 annual figure was $2.0 million, changed N/A from the prior year.
- Change in Intangibles fell to -$45.0 million in Q2 2025 per SGHC's latest filing, from -$36.0 million in the prior quarter.
- Across five years, Change in Intangibles topped out at -$4.4 million in Q1 2021 and bottomed at -$45.0 million in Q2 2025.
- Historically, Change in Intangibles has averaged -$23.1 million across 4 years, with a median of -$21.5 million in 2022.
- Annual changes were most pronounced in 2022 — Change in Intangibles slumped 60.34% — and 2025, when it slipped 25.0%.
- Super Group (SGHC)'s Change in Intangibles stood at -$4.4 million in 2021, then sank by 60.34% to -$7.0 million in 2022, then sank by 413.05% to -$36.0 million in 2024, then retreated by 25.0% to -$45.0 million in 2025.
- Business Quant data shows SGHC's Change in Intangibles at -$45.0 million in Q2 2025, -$36.0 million in Q2 2024, and -$7.0 million in Q1 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Flutter Entertainment | 17.95 Bn | 16.39 Bn | 1.71 Bn | - |
| 2 | DraftKings | 12.99 Bn | 12.00 Bn | 551.45 Mn | - |
| 3 | Super Group (SGHC) | 6.71 Bn | 6.29 Bn | - | - |
| 4 | Churchill Downs | 6.57 Bn | 6.37 Bn | 712.00 Mn | - |
| 5 | Rush Street Interactive | 2.84 Bn | 2.50 Bn | 139.66 Mn | - |
| 6 | Brightstar Lottery | 2.25 Bn | 980.32 Mn | 297.00 Mn | - |
| 7 | Accel Entertainment | 987.75 Mn | 732.30 Mn | 115.51 Mn | - |
| 8 | Codere Online Luxembourg | 415.46 Mn | 346.04 Mn | - | - |
| 9 | Inspired Entertainment | 175.48 Mn | 151.08 Mn | 52.10 Mn | - |
| 10 | Grandstand | 70.65 Mn | 61.84 Mn | 31.83 Mn | -1.18 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2025 | -45.00 Mn |
| Jun 30, 2025 | -45.00 Mn |
| Jun 30, 2024 | -36.00 Mn |
| Jun 30, 2024 | -36.00 Mn |
| Mar 31, 2022 | -7.02 Mn |
| Mar 31, 2022 | -7.02 Mn |
| Mar 31, 2021 | -4.38 Mn |
| Mar 31, 2021 | -4.38 Mn |