Super League Gaming Inc (SLE) reported $11.3M in revenue for fiscal year 2025, down 29.9% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 8 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
FY2025 reveals a financed operating model: cost reductions narrowed losses, but operations still consumed cash despite minimal reinvestment.
In FY2025, revenue was$11.3M while gross margin reached40.5% , an unusual pairing that makes the improvement look more like mix or cost discipline than scale. Operating loss narrowed from FY2024 even as revenue fell, reinforcing that lower overhead—not volume leverage—did most of the work.
Operating cash flow and free cash flow were both
FY2025 financing cash flow was
Financial Health Signals
Scored against emerging companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Super League Gaming Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Super League Gaming Inc scores 6.27, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($184.4M) relative to total liabilities ($4.3M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Super League Gaming Inc passes 4 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
Super League Gaming Inc reported a net loss of $20.7M while operations used $10.7M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Super League Gaming Inc reported an operating loss of $13.1M against $8.4M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Super League Gaming Inc generated $11.3M in revenue in fiscal year 2025. This represents a decrease of 29.9% from the prior year.
Super League Gaming Inc's EBITDA was -$10.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 23.2% from the prior year.
Super League Gaming Inc reported -$20.7M in net income in fiscal year 2025. This represents a decrease of 24.5% from the prior year.
Not reported for fiscal year 2025.
Cash & Balance Sheet
Super League Gaming Inc recorded an outflow of $10.7M in free cash flow in fiscal year 2025, representing a cash shortfall after capex. This represents an increase of 7.1% from the prior year.
Super League Gaming Inc held $14.4M in cash as of fiscal year 2025; long-term debt is not reported for that period.
Not reported for fiscal year 2025.
Margins & Returns
Super League Gaming Inc's gross margin was 40.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 2.8 percentage points from the prior year.
Super League Gaming Inc's ROE was -118.2% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 9667.1 percentage points from the prior year.
Not shown for fiscal year 2025: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not shown for fiscal year 2025: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Capital Allocation
Super League Gaming Inc invested $2.9M in research and development in fiscal year 2025. This represents a decrease of 34.5% from the prior year.
Super League Gaming Inc reported no capital expenditure in fiscal year 2025. This represents a decrease of 100.0% from the prior year.
Not reported for fiscal year 2025.
SLE Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $11.6M | $11.3M-29.9% | $16.2M-35.5% | $25.1M+27.5% | $19.7M+68.6% | $11.7M+465.5% | $2.1M+90.4% | $1.1M+3.6% | $1.0M |
| Cost of Revenue | $7.2M | $6.7M-33.0% | $10.1M-34.1% | $15.3M+37.0% | $11.2M+70.5% | $6.5M+664.8% | $856K+66.9% | $513K-25.0% | $684K |
| Gross Profit | $4.4M | $4.6M-24.7% | $6.1M-37.6% | $9.8M+14.9% | $8.5M+66.1% | $5.1M+324.3% | $1.2M+111.6% | $571K+57.7% | $362K |
| R&D Expenses | $3.2M | $2.9M-34.5% | $4.4M-53.2% | $9.5M-40.2% | $15.9M+43.0% | $11.1M+62.7% | $6.8M+38.8% | $4.9M+17.5% | $4.2M |
| SG&A Expenses | $8.6M | $7.2M-17.4% | $8.7M-14.9% | $10.3M-15.2% | $12.1M+28.2% | $9.4M+23.5% | $7.6M-36.0% | $11.9M+48.9% | $8.0M |
| Operating Income | -$14.1M | -$13.1M+22.1% | -$16.8M+49.0% | -$32.8M+61.4% | -$85.0M-238.8% | -$25.1M-33.8% | -$18.7M+9.8% | -$20.8M-28.5% | -$16.2M |
| Interest Expense | $7.2M | $8.4M+1408.9% | $559K+1018.0% | $50K-92.6% | $679K+13480.0% | $5K-37.5% | $8K-99.9% | $9.9M+122.4% | $4.5M |
| Income Tax | -$9K | -$9K-105.6% | $161K+151.4% | -$313K-52.7% | -$205K+93.4% | -$3.1M | $0 | $0 | $0 |
| Net Income | -$22.1M | -$20.7M-24.5% | -$16.6M+45.2% | -$30.3M+64.5% | -$85.5M-311.9% | -$20.7M-10.8% | -$18.7M+38.9% | -$30.7M-48.7% | -$20.6M |
Not reported in any period shown, so not listed: EPS (Diluted).
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
SLE Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $21.9M+86.7% | $11.7M-53.8% | $25.3M-16.2% | $30.2M-68.8% | $96.8M+592.6% | $14.0M-3.3% | $14.4M+189.7% | $5.0M |
| Current Assets | $18.2M+216.6% | $5.8M-65.7% | $16.8M+67.6% | $10.0M-55.0% | $22.2M+136.9% | $9.4M-3.0% | $9.7M+157.6% | $3.7M |
| Cash & Equivalents | $14.4M+998.5% | $1.3M-82.8% | $7.6M+206.6% | $2.5M-82.9% | $14.5M+83.0% | $7.9M-5.9% | $8.4M+204.3% | $2.8M |
| Accounts Receivable | $2.3M-37.7% | $3.8M-54.6% | $8.3M+35.1% | $6.1M-3.1% | $6.3M+976.2% | $588K+100.7% | $293K-40.0% | $488K |
| Goodwill | $1.9M0.0% | $1.9M0.0% | $1.9M | $0-100.0% | $50.3M+1859.6% | $2.6M0.0% | $2.6M | $0 |
| Total Liabilities | $4.3M-62.4% | $11.5M-24.8% | $15.3M+39.4% | $11.0M+80.2% | $6.1M+101.1% | $3.0M+202.5% | $1.0M-91.5% | $11.8M |
| Current Liabilities | $4.2M-60.0% | $10.4M-21.9% | $13.4M+25.0% | $10.7M+91.3% | $5.6M+205.6% | $1.8M+82.2% | $1.0M-91.5% | $11.8M |
| Total Equity | $17.5M+10214.1% | $170K-98.3% | $10.0M-48.0% | $19.2M-78.8% | $90.7M+729.0% | $10.9M-18.6% | $13.4M+297.9% | -$6.8M |
| Retained Earnings | -$290.0M-7.4% | -$270.0M-8.4% | -$249.0M-18.2% | -$210.7M-68.2% | -$125.3M-19.8% | -$104.5M-21.8% | -$85.8M-55.6% | -$55.1M |
Not reported in any period shown, so not listed: Inventory, Long-Term Debt.
SLE Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 |
|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$11.4M | -$10.7M+6.9% | -$11.5M+26.0% | -$15.5M+21.9% | -$19.8M+12.7% | -$22.7M-52.6% | -$14.9M-9.0% | -$13.6M-27.8% | -$10.7M |
| Capital Expenditures | N/A | $0-100.0% | $23K+187.5% | $8K-94.6% | $149K+577.3% | $22K+144.4% | $9K-87.7% | $73K-71.4% | $255K |
| Free Cash Flow | N/A | -$10.7M+7.1% | -$11.5M+25.9% | -$15.5M+22.4% | -$20.0M+12.1% | -$22.7M-52.7% | -$14.9M-8.5% | -$13.7M-25.5% | -$10.9M |
| Investing Cash Flow | -$7.5M | $916K+423.7% | -$283K+65.7% | -$825K+51.2% | -$1.7M+59.8% | -$4.2M-253.2% | -$1.2M+62.4% | -$3.2M-265.4% | -$866K |
| Financing Cash Flow | $19.6M | $22.8M+319.3% | $5.4M-74.6% | $21.4M+126.5% | $9.5M-71.7% | $33.5M+115.2% | $15.6M-30.8% | $22.5M+78.2% | $12.6M |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
SLE Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 40.5%+2.8pp | 37.7%-1.3pp | 39.0%-4.3pp | 43.3%-0.6pp | 43.9%-14.6pp | 58.5%+5.8pp | 52.7%+18.1pp | 34.6% |
| Operating Margin | -115.1% | -103.5% | -130.9% | -431.8% | -214.9% | -908.1% | -1916.0% | -1544.9% |
| Net Margin | -182.7% | -102.8% | -120.9% | -434.3% | -177.8% | -907.6% | -2830.2% | -1972.0% |
| Return on Equity | -118.2%+9667.1pp | -9785.3%-9481.7pp | -303.6%+141.4pp | -445.0%-422.1pp | -22.9%+148.3pp | -171.2%+57.0pp | -228.2% | N/A |
| Return on Assets | -94.7%+47.3pp | -142.1%-22.3pp | -119.8%+163.1pp | -282.9%-261.4pp | -21.4%+112.6pp | -134.0%+78.3pp | -212.4%+201.3pp | -413.6% |
| Current Ratio | 4.36+3.8x | 0.55-0.7x | 1.25+0.3x | 0.93-3.0x | 3.97-1.2x | 5.12-4.5x | 9.62+9.3x | 0.32 |
| Debt-to-Equity | 0.25-67.6x | 67.89+66.4x | 1.54+1.0x | 0.57+0.5x | 0.07-0.2x | 0.28+0.2x | 0.07 | N/A |
| FCF Margin | -94.1%-23.1pp | -71.0%-9.2pp | -61.8% | -101.5% | -194.7% | -721.2% | -1265.6% | -1045.4% |
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin, FCF Margin.
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Where Super League Gaming Inc Ranks
Frequently Asked Questions
What is Super League Gaming Inc's annual revenue?
Super League Gaming Inc (SLE) reported $11.3M in total revenue for fiscal year 2025. This represents a -29.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Super League Gaming Inc's revenue growing?
Super League Gaming Inc (SLE) revenue declined by 29.9% year-over-year, from $16.2M to $11.3M in fiscal year 2025.
Is Super League Gaming Inc profitable?
No, Super League Gaming Inc (SLE) reported a net income of -$20.7M in fiscal year 2025.
What is Super League Gaming Inc's EBITDA?
Super League Gaming Inc (SLE) had EBITDA of -$10.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Super League Gaming Inc's gross margin?
Super League Gaming Inc (SLE) had a gross margin of 40.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Super League Gaming Inc's return on equity (ROE)?
Super League Gaming Inc (SLE) has a return on equity of -118.2% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Super League Gaming Inc's free cash flow?
Super League Gaming Inc (SLE) recorded an outflow of $10.7M in free cash flow during fiscal year 2025. This represents a 7.1% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Super League Gaming Inc's operating cash flow?
Super League Gaming Inc (SLE) recorded an outflow of $10.7M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Super League Gaming Inc's total assets?
Super League Gaming Inc (SLE) had $21.9M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Super League Gaming Inc's capital expenditures?
Super League Gaming Inc (SLE) reported no capital expenditure during fiscal year 2025.
How much does Super League Gaming Inc spend on research and development?
Super League Gaming Inc (SLE) invested $2.9M in research and development during fiscal year 2025.
What is Super League Gaming Inc's current ratio?
Super League Gaming Inc (SLE) had a current ratio of 4.36 as of fiscal year 2025, which is generally considered healthy.
What is Super League Gaming Inc's debt-to-equity ratio?
Super League Gaming Inc (SLE) had a debt-to-equity ratio of 0.25 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Super League Gaming Inc's return on assets (ROA)?
Super League Gaming Inc (SLE) had a return on assets of -94.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Super League Gaming Inc's cash runway?
Based on fiscal year 2025 data, Super League Gaming Inc (SLE) had $14.4M in cash against an annual operating cash burn of $10.7M. This gives an estimated cash runway of approximately 16 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
What is Super League Gaming Inc's Altman Z-Score?
Super League Gaming Inc (SLE) has an Altman Z-Score of 6.27, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Super League Gaming Inc's Piotroski F-Score?
Super League Gaming Inc (SLE) has a Piotroski F-Score of 4 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Super League Gaming Inc's earnings high quality?
Super League Gaming Inc (SLE) reported a net loss of $20.7M while operations used $10.7M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Super League Gaming Inc cover its interest payments?
Super League Gaming Inc (SLE) reported an operating loss of $13.1M against $8.4M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Super League Gaming Inc?
Super League Gaming Inc (SLE) scores 56 out of 100 on our Financial Health Score, indicating moderate standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.