April 22, 2026

Supreme Ventures Limited (SVL)

Unaudited financials for the three months ended March 31, 2026:

Supreme Ventures Limited (SVL), for the three months ending March 31, 2026, reported a 5% increase in Total Gaming Income from $13.83 billion in Q1 2025 to $14.46 billion in Q1 2026. Revenues from the Company’s segments for the quarter were as follows:

• Revenue from non-fixed odd wagering games, horse racing, and pin codes increased 3% to $8.73 billion (2025: $8.45 billion).
• Income from fixed odds wagering games, net of prizes, increased 7% to $5.74 billion (2025: $5.37 billion).

Direct Expenses for the quarter increased 5% to $11.17 billion (2025: $10.67 billion).

Gross Profit for the three months ended March 31, 2026, increased 5% to $3.30 billion (2025: $3.16 billion). This improvement was achieved notwithstanding the estimated $1.6 billion reduction in gross ticket sales attributed to the operational disruptions caused by Hurricane Melissa, which management estimates negatively impacted net profit by approximately $100 million during the quarter.

Selling, general, and administrative expenses increased 4% to $2.31 billion (2025: $2.22 billion), broadly in line with inflationary pressures.

Other Income for the quarter amounted to $153.56 million, compared to an expense of $51.98 million in the prior year period. The improvement was driven by a net gain of $32.70 million on shares held for trading, contrasted with a fair value loss of $143.10 million in Q1 2025.

Interest Revenue decreased 16% to $58.52 million (2025: $69.63 million).

Consequently, Operating Profit for the three months ended March 31, 2026, increased 26% to $1.20 billion (2025: $952.94 million), reflecting the combined impact of revenue growth, improved cost of sales margins, and the swing in Other Income.

Finance Costs for the quarter increased 17% to $256.78 million (2025: $220.23 million).

Profit before Taxation for the quarter increased 29% to $944.39 million (2025: $732.72 million).

Taxation for the quarter increased 12% to $243.77 million (2025: $217.10 million). As such, Net profit amounted to $700.62 million, relative to $515.62 million reported in 2025.

Profit Attributable to shareholders for the quarter increased 37% to $703.28 million (2025: $514.37 million).

Consequently, Earnings Per Share for the quarter amounted to $0.27 (2025: EPS: $0.20). The twelve-month trailing EPS was $0.77, and the number of shares used in these calculations was 2,637,254,926.

Notably, SVL’s stock price closed at $15.28 on April 21, 2026, with a corresponding P/E ratio of 19.78x.

Balance Sheet Highlights

The Company’s total assets increased 11% to $23.45 billion (2025: $21.11 billion), driven by a 28% increase in current assets to $9.72 billion, supported by growth in trade and other receivables, loans and advances, and cash and cash equivalents which rose to $1.77 billion from $1.20 billion in the prior year quarter. Non-current assets increased 2% to $13.73 billion (2025: $13.50 billion), primarily from a 33% increase in deferred tax assets to $1.57 billion.

Shareholders’ equity attributable to stockholders of the parent was $5.08 billion (2025: $5.03 billion), representing a book value per share of $1.92 (2025: $1.91). Total equity, including non-controlling interests, was $5.70 billion (2025: $5.70 billion). The Group ended the quarter with cash and cash equivalents of $1.77 billion, supported by positive operating cash flows of $631.87 million generated during the period.

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