Super League Reports Second Quarter 2025 Financial Results
Super League (NASDAQ: SLE), a leader in playable media and gaming experiences, released its Q2 2025 financial results highlighting significant operational improvements. The company achieved a 44% gross margin and reduced pro forma operating costs by 23% year-over-year.
Key developments include reducing 2025 debt service obligations by 90%, expanding partnerships with Meta Stadiums, acquiring Supersocial, and establishing an exclusive relationship with AdArcade. The company launched new initiatives including Rotrends Pro subscription service and brand partnerships with Universal Pictures and Panda Express.
Despite Q2 macro headwinds from tariff uncertainty, Super League expects to achieve Adjusted EBITDA positive results in Q4 2025. The company aims to capitalize on the recently passed GENIUS Act to offer next-generation consumer engagement programs.
Super League (NASDAQ: SLE), leader nei media interattivi e nelle esperienze di gioco, ha pubblicato i risultati finanziari del secondo trimestre 2025 mettendo in luce significativi miglioramenti operativi. La società ha raggiunto un margine lordo del 44% e ha ridotto i costi operativi pro forma del 23% su base annua.
Tra i punti salienti: una riduzione del servizio del debito per il 2025 del 90%, l'espansione delle partnership con Meta Stadiums, l'acquisizione di Supersocial e l'instaurazione di un rapporto esclusivo con AdArcade. L'azienda ha lanciato nuove iniziative, tra cui il servizio in abbonamento Rotrends Pro e collaborazioni di brand con Universal Pictures e Panda Express.
Nonostante le difficoltà macroeconomiche nel secondo trimestre dovute all'incertezza sui dazi, Super League prevede di raggiungere un risultato positivo di EBITDA rettificato nel quarto trimestre 2025. L'azienda punta a sfruttare la recente approvazione del GENIUS Act per proporre programmi di coinvolgimento dei consumatori di nuova generazione.
Super League (NASDAQ: SLE), líder en medios jugables y experiencias de juego, publicó sus resultados financieros del segundo trimestre de 2025 destacando mejoras operativas significativas. La compañía alcanzó un margen bruto del 44% y redujo los costos operativos pro forma en un 23% interanual.
Entre los avances clave figura la reducción de las obligaciones de servicio de la deuda para 2025 en un 90%, la ampliación de asociaciones con Meta Stadiums, la adquisición de Supersocial y el establecimiento de una relación exclusiva con AdArcade. La empresa lanzó nuevas iniciativas, incluido el servicio de suscripción Rotrends Pro y alianzas de marca con Universal Pictures y Panda Express.
A pesar de los vientos macroeconómicos adversos en el segundo trimestre por la incertidumbre arancelaria, Super League espera alcanzar un EBITDA ajustado positivo en el cuarto trimestre de 2025. La compañía pretende aprovechar la aprobación reciente del GENIUS Act para ofrecer programas de participación del consumidor de nueva generación.
Super League (NASDAQ: SLE), 플레이어블 미디어 및 게임 경험 분야의 선도기업은 2025년 2분기 재무실적을 발표하며 운영상 유의미한 개선을 강조했습니다. 회사는 44%의 총이익률을 달성했고, 프로포마 기준 영업비용을 전년 대비 23% 감소시켰습니다.
주요 성과로는 2025년 부채 상환 부담을 90% 감축한 점, Meta Stadiums와의 파트너십 확대, Supersocial 인수 및 AdArcade와의 독점 관계 수립이 포함됩니다. 또한 Rotrends Pro 구독 서비스 출시와 Universal Pictures, Panda Express와의 브랜드 파트너십 등 신규 이니셔티브를 시작했습니다.
관세 불확실성으로 인한 2분기 거시적 역풍에도 불구하고 Super League는 2025년 4분기에 조정 EBITDA 흑자 전환을 달성할 것으로 예상합니다. 회사는 최근 통과된 GENIUS 법안을 활용해 차세대 소비자 참여 프로그램을 제공할 계획입니다.
Super League (NASDAQ: SLE), leader dans les médias jouables et les expériences de jeu, a publié ses résultats financiers du deuxième trimestre 2025, mettant en avant des améliorations opérationnelles significatives. La société a atteint une marge brute de 44% et réduit ses coûts opérationnels pro forma de 23% en glissement annuel.
Parmi les faits marquants : une réduction des obligations de service de la dette pour 2025 de 90%, l'élargissement des partenariats avec Meta Stadiums, l'acquisition de Supersocial et l'établissement d'une relation exclusive avec AdArcade. L'entreprise a lancé de nouvelles initiatives, notamment le service d'abonnement Rotrends Pro et des partenariats de marque avec Universal Pictures et Panda Express.
Malgré des vents contraires macroéconomiques au T2 dus à l'incertitude sur les tarifs douaniers, Super League prévoit d'atteindre un EBITDA ajusté positif au quatrième trimestre 2025. La société entend tirer parti du GENIUS Act récemment adopté pour proposer des programmes d'engagement consommateur de nouvelle génération.
Super League (NASDAQ: SLE), ein führendes Unternehmen für spielbare Medien und Gaming-Erlebnisse, veröffentlichte die Finanzergebnisse für das zweite Quartal 2025 und hob dabei deutliche operative Verbesserungen hervor. Das Unternehmen erzielte eine Bruttomarge von 44% und senkte die Pro-forma-Betriebskosten um 23% im Jahresvergleich.
Zu den wichtigsten Entwicklungen zählen die Reduzierung der Schuldendienstverpflichtungen für 2025 um 90%, die Ausweitung der Partnerschaften mit Meta Stadiums, die Übernahme von Supersocial und die Etablierung einer exklusiven Zusammenarbeit mit AdArcade. Das Unternehmen startete neue Initiativen wie den Abonnementdienst Rotrends Pro sowie Markenpartnerschaften mit Universal Pictures und Panda Express.
Trotz makroökonomischer Gegenwinde im zweiten Quartal durch Zollunsicherheiten erwartet Super League, im vierten Quartal 2025 ein bereinigtes EBITDA-positives Ergebnis zu erreichen. Das Unternehmen will das kürzlich verabschiedete GENIUS Act nutzen, um Programme für Verbrauchereinbindung der nächsten Generation anzubieten.
- Gross margin improved to 44% year-over-year
- Reduced 2025 debt service obligations by 90%
- Achieved 23% year-over-year reduction in pro forma operating costs
- Strategic expansion through Supersocial acquisition and AdArcade partnership
- New revenue streams through Meta Stadiums partnership and Rotrends Pro subscription launch
- Experienced macro headwinds due to tariff uncertainty in Q2
- Still not EBITDA positive, though projected for Q4
Insights
Super League reports improving margins and cost cuts, aiming for Q4 profitability despite revenue challenges amid strategic repositioning.
Super League's Q2 2025 results reveal a company in transition, making strategic moves to reach profitability while navigating market challenges. The
The financial restructuring stands out as particularly significant, with a
Revenue diversification efforts through new partnerships with Meta Stadiums, Supersocial acquisition, and the AdArcade exclusive relationship demonstrate management's attempt to build multiple growth avenues beyond their core business. The launch of Rotrends Pro subscription service further supports this strategy, potentially adding recurring revenue streams to stabilize future performance.
The macro headwinds referenced regarding "tariff uncertainty" suggest some revenue challenges during the quarter, though specific revenue figures weren't disclosed. This omission raises questions about top-line performance. The company's positioning around the newly passed "GENIUS Act" related to stablecoins indicates exploration of blockchain/cryptocurrency integration into their consumer engagement offerings, though specific implementation plans remain undefined.
While management presents an optimistic outlook, the absence of concrete revenue and profitability metrics in this release makes it difficult to fully assess their progress toward sustainable financial health beyond the margin improvements and cost reductions highlighted.
~ Q2 Gross Margin Expansion, Cost Reductions, Strategic Transactions, and Diversified Revenue Initiatives Could Position Super League to Achieve Adjusted EBITDA Positive in Q4 ~
~ Company Advances Key Financial Initiatives and Broadens Revenue Mix ~
SANTA MONICA, Calif., Aug. 14, 2025 (GLOBE NEWSWIRE) -- Super League (Nasdaq: SLE), a leader in engaging audiences through playable media, content, and experiences within mobile games and the world’s largest immersive platforms, today released second quarter 2025 financial results.
Super League Chief Executive Officer, Matt Edelman Commented:
“Our second quarter marked a pivotal step forward for Super League as we streamlined our operations, executed key financial transactions, launched innovative partnerships, and re-aligned the company’s focus toward reaching sustainable profitability. Our conviction in the long-term growth opportunity at the intersection of interactive entertainment and playable media remains unwavering, and we continue to position Super League at the forefront of this inspiring, dynamic space.
We think of play as a state of mind and body that is central to our mission. While playing, people are engaged mentally and physically, emotionally connected, aspirational, and deeply focused. Our research shows that there are more than 5 billion people in the world who play, with 3.32 billion playing video games. The opportunity for brands to connect with passionate, attentive audiences is immense.
Our first-to-market programs in partnership with companies such as Universal Pictures and Panda Express and The Many on Roblox and Fortnite Creative demonstrate how we’re driving measurable brand engagement through immersive, cross-platform activations. Our expanded partnership with Meta Stadiums through their AI-powered TikTok creator monetization platform stands to unlock a powerful new revenue stream. Through the acquisition of Supersocial, we bolstered our brand portfolio. Moving into an exclusive relationship with AdArcade to bring their patented playable ad format across the entire US mobile gaming footprint, coupled with the launch of our Rotrends Pro subscription service, reinforces our revenue diversification strategy.
Financially, we’ve made significant progress in strengthening our capital structure, reducing our 2025 debt service obligations by
The Company will host a webinar at 5:00 p.m. Eastern Time today, August 14, 2025, to discuss financial results, provide a corporate update and end with a question-and-answer session. To participate, please use the following information.
Super League Second Quarter 2025 Earnings Webinar
| Date: | August 14, 2025 |
| Time: | 5:00 pm Eastern Time |
| Dial-in: | 1-877-407-0779 |
| International Dial-in: | 1-201-389-0914 |
| Webinar: | Register Here |
A replay will be available within 24 hours after the webinar and can be accessed here or on the Company’s investor relations website at https://ir.superleague.com/.
For any questions related to the Company’s second quarter 2025 financial results, please contact SLE@mzgroup.us.
About Super League
Super League (Nasdaq: SLE) is transforming how brands engage with consumers through the power of playable media. The company delivers ads, content, and immersive experiences that go beyond being seen, they’re played, felt, and remembered across mobile games and the world’s largest immersive gaming platforms. Powered by proprietary technology, an award-winning development studio, and a vast network of native creators, Super League offers a unique partnership for brands seeking to stand out culturally, inspire loyalty, and drive meaningful impact. In an attention-driven world, Super League makes brands relevant by making them playable. For more information, visit superleague.com.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995.
Forward Looking Statements can be identified by words such as “anticipate,” “intend,” "plan,""goal,""seek," "believe," "project," "estimate," "expect," "strategy," "future," "likely," "may," "should," "will" and similar references to future periods. Forward-looking statements include all statements other than statements of historical fact, including statements regarding expected operating results and financial performance (including the Company’s commitment to and ability to achieve Adjusted EBITDA-positive results in Q4), strategic transactions and partnerships (including the anticipated benefits of the Company’s relationships with Meta Stadiums, AdArcade, and the acquisition of Supersocial), product development and monetization initiatives (including the AI-powered TikTok creator monetization platform and Rotrends Pro), potential patent outcomes and integration (including with respect to the playable ad format), market opportunities and legislative or regulatory developments (including the potential effects of the GENIUS Act), and capital structure, liquidity, and financing activities. These statements are based on current expectations, estimates, forecasts, and projections about the industry and markets in which the Company operates, management’s current beliefs, and certain assumptions made by the Company, all of which are subject to change.
Forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties, and other factors that are difficult to predict and that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Important factors include, but are not limited to: the Company’s ability to execute on cost reduction initiatives and strategic transactions; customer demand and adoption trends; the timing, outcome, and enforceability of any patent applications; the ability to successfully integrate new technologies and partnerships; platform, regulatory, and legislative developments (including the ultimate scope, timing, and impact of any stablecoin legislation); macroeconomic and market conditions; compliance with Nasdaq Capital Market continued listing standards; access to, and the cost of, capital; and the other risks and uncertainties described in the section entitled “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024, the Company’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2025, and other filings with the Securities and Exchange Commission. You are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date hereof. Except as required by law, the Company undertakes no obligation to update or revise any forward-looking statements to reflect events or circumstances after the date of this release or to reflect the occurrence of unanticipated events.
Investor Relations Contact:
Shannon Devine/ Mark Schwalenberg
MZ North America
Main: 203-741-8811
SLE@mzgroup.us
| SUPER LEAGUE ENTERPRISE, INC. CONSOLIDATED BALANCE SHEETS JUNE 30, 2025 AND DECEMBER 31, 2024 (In U.S. dollars, rounded to the nearest thousands, except share and per share data) | ||||||||
| June 30, 2025 | December 31, 2024 | |||||||
| Assets | ||||||||
| Cash and cash equivalents | $ | 475,000 | $ | 1,310,000 | ||||
| Accounts receivable | 2,337,000 | 3,766,000 | ||||||
| Prepaid expenses and other current assets | 922,000 | 677,000 | ||||||
| Total current assets | 3,734,000 | 5,753,000 | ||||||
| Property and Equipment, net | 14,000 | 24,000 | ||||||
| Intangible and Other Assets, net | 2,849,000 | 4,070,000 | ||||||
| Goodwill | 1,864,000 | 1,864,000 | ||||||
| Total assets | $ | 8,461,000 | $ | 11,711,000 | ||||
| Liabilities | ||||||||
| Accounts payable and accrued expenses | $ | 5,461,000 | $ | 5,282,000 | ||||
| Accrued contingent consideration | 116,000 | 138,000 | ||||||
| Promissory note - contingent consideration | 1,700,000 | 1,735,000 | ||||||
| Contract liabilities | 1,036,000 | 50,000 | ||||||
| Notes payable and accrued interest | 4,030,000 | 3,240,000 | ||||||
| Total current liabilities | 12,343,000 | 10,445,000 | ||||||
| Deferred taxes | 161,000 | 161,000 | ||||||
| Warrant liability | 74,000 | 935,000 | ||||||
| Total liabilities | 12,578,000 | 11,541,000 | ||||||
| Stockholders’ Equity | ||||||||
| Preferred Stock, par value | - | - | ||||||
| Common Stock, par value | 78,000 | 94,000 | ||||||
| Additional paid-in capital | 272,954,000 | 270,111,000 | ||||||
| Accumulated deficit | (277,149,000 | ) | (270,035,000 | ) | ||||
| Total stockholders’ equity (deficit) | (4,117,000 | ) | 170,000 | |||||
| Total liabilities and stockholders’ equity | $ | 8,461,000 | $ | 11,711,000 | ||||
| SUPER LEAGUE ENTERPRISE, INC. CONSOLIDATED STATEMENTS OF OPERATIONS FOR THE THREE MONTHS ENDED JUNE 30, 2025 AND 2024 (In U.S. dollars, rounded to the nearest thousands, except share and per share data) | |||||||||||||||
| Three Months Ended | Six Months Ended | ||||||||||||||
| June 30, | June 30, | ||||||||||||||
| 2025 | 2024 | 2025 | 2024 | ||||||||||||
| REVENUE | $ | 3,001,000 | $ | 4,116,000 | $ | 5,719,000 | $ | 8,325,000 | |||||||
| COST OF REVENUE | (1,692,000 | ) | (2,470,000 | ) | (3,214,000 | ) | (4,947,000 | ) | |||||||
| GROSS PROFIT | 1,309,000 | 1,646,000 | 2,505,000 | 3,378,000 | |||||||||||
| OPERATING EXPENSES | |||||||||||||||
| Selling, marketing and advertising | 2,107,000 | 2,633,000 | 4,499,000 | 4,909,000 | |||||||||||
| Engineering, technology and development | 694,000 | 792,000 | 1,623,000 | 2,491,000 | |||||||||||
| General and administrative | 1,653,000 | 2,520,000 | 3,173,000 | 4,623,000 | |||||||||||
| Contingent consideration | - | (206,000 | ) | (14,000 | ) | 53,000 | |||||||||
| TOTAL OPERATING EXPENSES | 4,454,000 | 5,739,000 | 9,281,000 | 12,076,000 | |||||||||||
| NET OPERATING LOSS | (3,145,000 | ) | (4,093,000 | ) | (6,776,000 | ) | (8,698,000 | ) | |||||||
| OTHER INCOME (EXPENSE) | |||||||||||||||
| Gain on sale of intangible assets | 100,000 | - | 343,000 | 144,000 | |||||||||||
| Interest expense, including change in fair value of promissory notes carried at fair value | 181,000 | (15,000 | ) | (1,221,000 | ) | (33,000 | ) | ||||||||
| Change in fair value of warrant liability | 144,000 | 1,667,000 | 861,000 | 906,000 | |||||||||||
| Other | (63,000 | ) | (14,000 | ) | (220,000 | ) | (34,000 | ) | |||||||
| TOTAL OTHER INCOME (EXPENSE), NET | 362,000 | 1,638,000 | (237,000 | ) | 983,000 | ||||||||||
| LOSS BEFORE BENEFIT FROM INCOME TAXES | (2,783,000 | ) | (2,455,000 | ) | (7,013,000 | ) | (7,715,000 | ) | |||||||
| PROVISION FOR INCOME TAXES | - | - | - | - | |||||||||||
| NET LOSS | $ | (2,783,000 | ) | $ | (2,455,000 | ) | $ | (7,013,000 | ) | $ | (7,715,000 | ) | |||
| Net loss attributable to common stockholders - basic and diluted | |||||||||||||||
| Basic and diluted net loss per common share | $ | (4.52 | ) | $ | (24.01 | ) | $ | (13.40 | ) | $ | (62.17 | ) | |||
| Weighted-average number of shares outstanding, basic and diluted | 637,877 | 168,533 | 531,083 | 149,776 | |||||||||||
| SUPER LEAGUE ENTERPRISE, INC. RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL INFORMATION (UNAUDITED) FOR THE THREE MONTHS ENDED JUNE 30, 2025 AND 2024 (In U.S. dollars, rounded to the nearest thousands, except share and per share data) | |||||||||||||||
| Three Months Ended | Six Months Ended | ||||||||||||||
| June 30, | June 30, | ||||||||||||||
| 2025 | 2024 | 2025 | 2024 | ||||||||||||
| GAAP net loss | $ | (2,783,000 | ) | $ | (2,455,000 | ) | $ | (7,013,000 | ) | $ | (7,715,000 | ) | |||
| Add back: | |||||||||||||||
| Non-cash stock compensation | 475,000 | 298,000 | 759,000 | 630,000 | |||||||||||
| Non-cash amortization of intangibles | 540,000 | 604,000 | 1,080,000 | 1,287,000 | |||||||||||
| Change in fair value of warrant liability | (144,000 | ) | (1,667,000 | ) | (861,000 | ) | (906,000 | ) | |||||||
| Other | (185,000 | ) | 354,000 | (302,000 | ) | 634,000 | |||||||||
| Proforma net loss | $ | (2,097,000 | ) | $ | (2,866,000 | ) | $ | (6,337,000 | ) | $ | (6,070,000 | ) | |||
| Pro forma non-GAAP net earnings (loss) per common share — diluted | $ | (3.29 | ) | $ | (17.01 | ) | $ | (11.93 | ) | $ | (40.53 | ) | |||
| Non-GAAP weighted-average shares — diluted | 637,877 | 168,533 | 531,083 | 149,776 | |||||||||||
| SUPER LEAGUE ENTERPRISE, INC. CONSOLIDATED STATEMENTS OF CASH FLOWS FOR THE SIX MONTHS ENDED JUNE 30, 2025 AND 2024 (In U.S. dollars, rounded to the nearest thousands) | |||||||
| Six Months Ended | |||||||
| June 30, | |||||||
| 2025 | 2024 | ||||||
| Operating Activities | |||||||
| Net loss | $ | (7,013,000 | ) | $ | (7,715,000 | ) | |
| Adjustments to reconcile net loss to net cash used in operations: | |||||||
| Depreciation and amortization | 1,091,000 | 1,320,000 | |||||
| Stock-based compensation | 759,000 | 630,000 | |||||
| Change in fair value of warrant liability | (861,000 | ) | (906,000 | ) | |||
| Change in fair value of contingent consideration | (91,000 | ) | (90,000 | ) | |||
| Change in fair value of debt at fair value | 392,000 | - | |||||
| Gain on sale of intangible assets | (152,000 | ) | (144,000 | ) | |||
| Fair value of noncash legal settlement and other noncash charges | - | 724,000 | |||||
| Changes in assets and liabilities | |||||||
| Accounts Receivable | 773,000 | 2,801,000 | |||||
| Prepaid Expenses and Other Assets | (74,000 | ) | 261,000 | ||||
| Accounts payable and accrued expenses | 103,000 | (2,850,000 | ) | ||||
| Accrued contingent consideration | - | (107,000 | ) | ||||
| Contract liabilities | 986,000 | 24,000 | |||||
| Accrued interest on notes payable | 92,000 | - | |||||
| Net Cash Used in Operating Activities | (3,995,000 | ) | (6,052,000 | ) | |||
| Investing Activities | - | ||||||
| Proceeds from sale of Minehut and Mineville Assets | 1,006,000 | - | |||||
| Capitalization of software development costs | (200,000 | ) | (284,000 | ) | |||
| Acquisition of other intangibles | (10,000 | ) | - | ||||
| Net Cash Used in Investing Activities | 796,000 | (284,000 | ) | ||||
| Financing Activities | |||||||
| Proceeds from issuance of preferred stock, net | - | 1,045,000 | |||||
| Proceeds from issuance of common stock, net of issuance costs | 1,945,000 | - | |||||
| Proceeds from the issuance of promissory notes, net of issuance costs | 4,011,000 | - | |||||
| Payments on promissory notes | (3,568,000 | ) | - | ||||
| Accounts receivable facility advances | 429,000 | 672,000 | |||||
| Payments on accounts receivable facility | (453,000 | ) | (1,273,000 | ) | |||
| Other | - | (32,000 | ) | ||||
| Net Cash Provided by (Used in) Financing Activities | 2,364,000 | 412,000 | |||||
| Net Increase (Decrease) in Cash and Cash Equivalents | (835,000 | ) | (5,924,000 | ) | |||
| Cash and Cash Equivalents at Beginning of the Period | 1,310,000 | 7,609,000 | |||||
| Cash and Cash Equivalents at End of the Period | $ | 475,000 | $ | 1,685,000 | |||
FAQ
What were Super League's (SLE) key financial metrics for Q2 2025?
When does Super League (SLE) expect to become Adjusted EBITDA positive?
What major partnerships did Super League (SLE) announce in Q2 2025?
How will the GENIUS Act affect Super League's (SLE) business?
What is Super League's (SLE) market opportunity in the gaming sector?
