August 4, 2025

Supreme Ventures Limited (SVL)

Unaudited financials for the six months ended June 30, 2025:

Supreme Ventures Limited (SVL), for the six months ended June 30, 2025, reported a 6% increase in Total Gaming Income from $26.30 billion in 2024 to $27.83 billion in 2025. Revenues from the Company’s segments for the six months were as follows:

• Revenue from non-fixed odd wagering games, horse racing, and pin codes increased 6% to $17.04 billion (2024: $16.03 billion).
• Income from fixed odds wagering games, net of prizes, increased 5% to $10.79 billion (2024: $10.27 billion).

Direct Expenses for the period increased 6% to $21.47 billion (2024: $20.23 billion). For the quarter, Direct Expenses increased 14% to $10.80 billion (2024: $9.86 billion).

Gross Profit for the six months ended June 30, 2025, increased to $6.36 billion (2024: $6.06 billion). For the quarter, Gross Profit increased to $3.20 billion (2024: $2.99 billion).

Selling, general, and administrative expenses for the six months ended June 30, 2025, increased 11% to $4.45 billion (2024: $4.01 billion). For the quarter, selling, general, and administrative expenses increased to $2.23 billion (2024: $2.22 billion).

Other Income for the six months decreased 87% to $14.44 million (2024: $111.06 million). For the quarter, Other Income increased to $66.41 million (2024: $51.47 million).

Operating Profit for the six months ended June 30, 2025, decreased 11% to $2.07 billion (2024: $2.32 billion). For the quarter, Operating Profit increased 25% to $1.11 billion (2024: 888.34 million).

Finance Costs for the six months increased 5% to $429.51 million (2024: $407.45 million). For the quarter, Finance Costs increased 15% to $209.28 million (2024: $181.61 million).

Profit before taxation for the six months decreased 14% to $1.64 billion (2024: $1.91 billion). For the quarter, Profit before taxation increased 28% to $902.81 million (2024: $706.73 million).

Taxation for the six months decreased significantly by 39% to $343.64 million (2024: $565.45 million), a testament to SVL’s efficient financial management. For the quarter, Taxation decreased 45% to $126.54 million (2024: $231.45 million).

Profit Attributable to shareholders for the six months amounted to $1.30 billion (2024: $1.33 billion). For the quarter, Profit Attributable to shareholders increased 63% to $784.42 million (2024: $471.49 million).

Consequently, Earnings Per Share for the six months amounted to $0.49 (2024: EPS: $0.50), while Earnings Per Share for the quarter totaled $0.30 (2024: EPS: $0.18). The twelve-month trailing EPS was $0.67, and the number of shares used in these calculations was 2,637,254,926.

Notably, SVL’s stock price closed the trading period on August 04, 2025, at $19.99 with a corresponding P/E ratio of 29.83x.

Balance Sheet Highlights

The Company’s assets totaled $21.35 billion (2024: $21.67 billion). The marginal decrease in the company’s total asset base was driven primarily by a 12% YoY decline in current assets, which represented a 44% decline in Inventories ending the quarter at $177.00 million (2024: $315.69 million) and a 49% YoY decline in Cash and bank balances ending the quarter at $1.16 billion (2024: $2.26 billion)

Shareholders’ equity was $5.30 billion (2024: $4.51 billion), representing a book value per share of $2.01 (2024: $1.71).

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