SLE · Super League Enterprise, Inc.

0001437749-26-017431

Summary

Q1 revenue grew 10.5% to $3.0M amid media expansion, but gross margin compressed to 35.9% as costs rose with volume, driving operating loss to -$4.2M despite cost optimization efforts.

Key takeaways

Revenue increased 10.5% to $3.0M from $2.7M in Q1 FY2025, reflecting growth in media and advertising activities.
Operating loss widened 14.5% to -$4.2M from -$3.6M, driven by higher costs relative to revenue growth.
Net loss improved 4.2% to -$4.1M or -$1.77 per diluted share versus -$4.2M or -$0.25 prior year.
Net cash used in operating activities increased to -$2.5M from -$2.2M, due to ordinary course settlements of receivables and payables.

Full analysis

Net loss narrowed 4.2% to -$4.1 million, or -$1.77 per diluted share, compared to -$4.2 million or -$0.25 per share last year, aided by a relatively lower non-cash impact. Diluted EPS deteriorated significantly on a percentage basis due to the larger share count and loss magnitude. Net cash used in operating activities rose to -$2.5 million from -$2.2 million, with changes in working capital primarily from management and settlement of receivables and payables in the ordinary course.