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This was mainly as a result of further funding in tangible and intangible belongings of €44.8 million, predominantly due to the capitalization of expenditure on software, issuance of a loan to Apricot Investments Limited of €10.Zero million, deferred consideration paid of €2.1 million regarding the 15 Advertising and marketing Limited acquisition and cash paid of €2.Zero million for an funding in associate. Many components may trigger precise future events to differ materially from the ahead-wanting statements in this press release, together with however not restricted to: (i) the ability to implement business plans, forecasts and other expectations, and determine and realize further alternatives; (ii) the ability to maintain the itemizing of Super Group’s securities on a nationwide securities alternate; (iii) changes within the aggressive and regulated industries wherein Super Group operates; (iv) variations in operating performance across opponents; (v) adjustments in legal guidelines and laws affecting Super Group’s enterprise; (vi) Super Group’s inability to fulfill or exceed its financial projections; (vii) modifications typically economic situations; (viii) adjustments in domestic and international business, market, financial, political and legal situations; (ix) future world, regional or native financial and market situations affecting the sports betting and gaming business; (x) changes in existing laws and rules, or their interpretation or enforcement, or the regulatory climate with respect to the sports activities betting and gaming business; (xi) the power of Super Group’s clients to deposit funds in an effort to participate in Super Group’s gaming products; (xii) compliance with regulatory necessities in a particular regulated jurisdiction, or Super Group’s potential to successfully acquire a license or permit applied for in a particular regulated jurisdiction, or maintain, renew or broaden current licenses; (xiii) the technological solutions Super Group has in place to block customers in certain jurisdictions, together with jurisdictions the place Super Group’s enterprise is against the law, or which are sanctioned by countries during which Super Group operates from accessing its offerings; (xiv) Super Group’s skill to limit and manage betting limits at the person customer degree based mostly on individual buyer profiles and threat stage to the enterprise; (xv) the ability by Super Group’s key executives, sure employees or different people associated to the enterprise, including significant shareholders, to acquire the necessary licenses or adjust to individual regulatory obligations in certain jurisdictions; (xvi) protection or enforcement of Super Group’s mental property rights, the confidentiality of its commerce secrets and confidential info, or the prices involved in protecting or imposing Super Group’s intellectual property rights and confidential info; (xvii) compliance with applicable information safety and privacy laws in Super Group’s assortment, storage and use, together with sharing and worldwide transfers, of personal knowledge; (xviii) failures, errors, defects or disruptions in Super Group’s info expertise and other techniques and platforms; (xix) Super Group’s capacity to develop new products, companies, and solutions, bring them to market in a timely manner, and make enhancements to its platform; (xx) Super Group’s capability to maintain and grow its market share, including its potential to enter new markets and acquire and retain paying prospects; (xxi) the success, together with win or hold charges, of present and future on-line betting and gaming products; (xxii) competitors inside the broader leisure trade; (xxiii) Super Group’s reliance on strategic relationships with land based mostly casinos, sports activities groups, event planners, native licensing partners and advertisers; (xxiv) occasions or media protection relating to, or the popularity of, on-line betting and gaming industry; (xxv) trading, legal responsibility administration and pricing danger associated to Super Group’s participation within the sports activities betting and gaming industry; (xxvi) accessibility to the providers of banks, bank card issuers and cost processing companies providers because of the nature of Super Group’s business; (xxvii) the regulatory approvals related to proposed acquisitions and the mixing of the acquired companies; and (xxviii) other dangers and uncertainties indicated now and again for Super Group together with these beneath the heading “Risk Factors” in our Annual Report on Form 20-F filed with the SEC on April 25, 2024, and in Super Group’s other filings with the SEC.
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