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Super League Enterprise Inc

superleague.com

Super League Enterprise Inc (NASDAQ: SLE) is a digital advertising company that connects brands to video game audiences through programmatic and custom advertising programs inside gaming environments. Revenue comes from brands and agencies paying for campaigns executed across Roblox, Minecraft, Fortnite, mobile games, connected TV gaming applications, and social and digital video platforms. The company operates as a single reportable segment, incorporated on October 1, 2014 in Delaware as Nth Games, Inc. and renamed Super League Enterprise, Inc. on September 11, 2023. CEO Matt Edelman serves as President and Chief Executive Officer. Gross margin improved to 40% in FY2025 from 38% in FY2024. In October 2025, the company closed a $20.0 million private placement, anchored by a $10.0 million equity investment from Evo Fund. Brand partners disclosed in the FY2025 filing include Universal Pictures, Panda Express, and The Many.

Products & Services

Mini-games and branded experiences within Roblox, Minecraft, and Fortnite; playable and rewarded video ads in mobile and immersive environments; in-game ads across mobile, immersive, and PC game titles; branded connected TV games and sponsorships of connected TV gaming applications; custom in-game integrations; interactive characters; influencer content across social and digital video platforms (per 10-K filed 2026-03-31).

Revenue Model

Transactional and program-based fees paid by brands and agencies for advertising executions including mini-games, playable and rewarded video ads, in-game ads, branded connected TV game sponsorships, custom game integrations, interactive characters, and influencer content. An emerging revenue stream includes participation in revenue generated by select game properties (per 10-K filed 2026-03-31).

Customers & Markets

Brand advertisers and advertising agencies targeting U.S. video game audiences. Disclosed brand partners include Universal Pictures, Panda Express, and The Many (FY2025). End market is digital advertising directed at consumers who play video games, cited at 80% of U.S. consumers per Newzoo Global Gamer Study 2024 as referenced in the 10-K filed 2026-03-31.

Geographic Exposure

Primary operations target U.S. audiences. The filing notes plans for domestic and international expansion but does not disclose specific international revenue figures (10-K filed 2026-03-31).

Financial Snapshot

Revenue
TTM
$11.63M
Gross Margin
TTM
38.89%
Net Income
TTM
-$26.75M
Current Assets
2026 Q1
Current Liabilities
2026 Q1
Current Ratio
2026 Q1
324.56%
Total Assets
2026 Q1
Total Liabilities
2026 Q1
Book Value
2026 Q1
$14.54M
Cash
2026 Q1
P/E
Last 4 Quarters
N/A
Free Cash Flow
TTM
-$11.11M

Stock Price

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Market Cap: $4.2798 Million

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