Super League Enterprise, Inc. SLE
Super League (Nasdaq: SLE) is an audience intelligence and media activation company operating at the intersection of a 3.3-billion-person global gaming population (Source: Exploding Topics, January 2026) and a $1.0 trillion global advertising market (Source: Dentsu Global, December 2025). The Company connects brands with consumers who play video games by leveraging an emerging data and activation platform that utilizes behavioral and psychographic signals to drive marketing outcomes. By combining differentiated insights, scaled media distribution, and interactive ad formats, Super League enables marketers to reach gamers, one of the largest and most influential audiences in modern culture, across gaming environments, digital video, social media, and connected television.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $11.3M | $16.2M | $25.1M | $19.7M | $11.7M | $2.1M | $1.1M | $1.0M | — |
| Cost of revenue | $6.7M | $10.1M | $15.3M | $11.2M | $6.5M | $856.0K | $513.0K | $684.0K | — |
| Gross profit | $4.6M | $6.1M | $9.8M | $8.5M | $5.1M | $1.2M | $571.0K | $362.0K | — |
| R&D | $2.9M | $4.4M | $9.5M | $15.9M | $11.1M | $6.8M | $4.9M | $4.2M | — |
| SG&A | $7.2M | $8.7M | $10.3M | $12.1M | $9.4M | $7.6M | $11.9M | $8.0M | — |
| Total operating expenses | $17.6M | $22.9M | $42.6M | $93.5M | $30.2M | $20.0M | $21.3M | $16.5M | — |
| Operating income | -$13.1M | -$16.8M | -$32.8M | -$85.0M | -$25.1M | -$18.7M | -$20.8M | -$16.2M | — |
| Interest expense | $8.4M | $559.0K | $50.0K | $679.0K | $5.0K | $8.0K | $9.9M | $4.5M | — |
| Pre-tax income | -$20.7M | -$16.5M | -$30.6M | -$85.7M | -$23.9M | -$18.7M | -$30.7M | -$20.6M | — |
| Income tax | $9.0K | $161.0K | $313.0K | $205.0K | $3.1M | $0 | $0 | $0 | — |
| Net income | -$20.7M | -$16.6M | -$30.3M | -$85.5M | -$20.7M | -$18.7M | -$30.7M | -$20.6M | — |
| EPS, basic | -40.43 | -1,123.63 | -13.67 | -45.95 | -0.69 | — | — | — | — |
| EPS, diluted | — | — | — | — | -0.69 | -1.64 | -3.89 | -4.48 | — |
| Shares, diluted (wtd. avg.) | $492.9K | $18.7K | — | — | — | — | — | — | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $14.4M | $1.3M | $7.6M | $2.5M | $14.5M | $7.9M | $8.4M | $2.8M | $1.7M |
| Receivables | $2.5M | $3.8M | $8.3M | $6.1M | $6.3M | $588.0K | $293.0K | $488.0K | — |
| Total current assets | $18.2M | $5.8M | $16.8M | $10.0M | $22.2M | $9.4M | $9.7M | $3.7M | — |
| Property, plant and equipment | $8.0K | $24.0K | $70.0K | $147.0K | $104.0K | $138.0K | $239.0K | $531.0K | — |
| Goodwill | $1.9M | $1.9M | $1.9M | $0 | $50.3M | $2.6M | $2.6M | $0 | — |
| Other intangibles | $1.8M | $4.1M | $6.6M | $20.1M | $24.2M | $1.9M | $2.0M | $707.0K | — |
| Total assets | $21.9M | $11.7M | $25.3M | $30.2M | $96.8M | $14.0M | $14.4M | $5.0M | — |
| Accounts payable | $3.6M | $5.3M | $10.4M | $6.7M | $5.5M | $1.8M | $853.0K | $813.0K | — |
| Short-term debt | $1.5M | — | — | — | — | — | — | — | — |
| Total current liabilities | $4.2M | $10.4M | $13.4M | $10.7M | $5.6M | $1.8M | $1.0M | $11.8M | — |
| Total liabilities | $4.3M | $11.5M | $15.3M | $11.0M | $6.1M | $3.0M | $1.0M | — | — |
| Retained earnings | -$290.0M | -$270.0M | -$249.0M | -$210.7M | -$125.3M | -$104.5M | -$85.8M | -$55.1M | — |
| Total equity | $17.5M | $170.0K | $10.0M | $19.2M | $90.7M | $10.9M | $13.4M | -$6.8M | $3.7M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$10.7M | -$11.5M | -$15.5M | -$19.8M | -$22.7M | -$14.9M | -$13.6M | -$10.7M | — |
| Depreciation and amortisation | $2.2M | $2.6M | $5.4M | $5.4M | $3.3M | $1.4M | $861.0K | $861.2K | — |
| Stock-based compensation | $2.3M | $1.3M | $2.7M | $4.3M | $2.4M | $2.0M | $6.2M | $3.9M | — |
| Capital expenditure | $0 | $23.0K | $8.0K | $149.0K | $22.0K | $9.0K | $73.0K | $255.0K | — |
| Investing cash flow | $916.0K | -$283.0K | -$825.0K | -$1.7M | -$4.2M | -$1.2M | -$3.2M | -$866.0K | — |
| Financing cash flow | $22.8M | $5.4M | $21.4M | $9.5M | $33.5M | $15.6M | $22.5M | $12.6M | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001437749-26-028340.
Others in SIC 7373
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| IOT | Samsara Inc. | $23.39B | — | 29.6% |
| LDOS | Leidos Holdings, Inc. | $16.70B | 11.9x | 3.2% |
| IONQ | IonQ, Inc. | $15.06B | — | 201.9% |
| CACI | CACI INTERNATIONAL INC /DE/ | $13.78B | 25.8x | 10.9% |
| GDDY | GoDaddy Inc. | $12.83B | 16.3x | 8.3% |
| AUR | Aurora Innovation, Inc. | $12.53B | — | — |
| JKHY | JACK HENRY & ASSOCIATES INC | $11.61B | 23.7x | 7.1% |
| OTEX | OPEN TEXT CORP | $5.80B | 9.3x | 1.5% |