Super League Enterprise (SLE) AI Stock Analysis

• Market Cap: $4.09M
• Dividend Yield: N/A
• Average Volume (3M): 300.53K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.81
• Revenue Growth: -35.48%
• EPS Growth: 79.53%
• Country: US
• Employees: 87
• Sector: Communication Services
• Sector Strength: 98
• Industry: Internet Content & Information
• EPS (TTM): -2.59
• Shares Outstanding: 17,776,170
• 10 Day Avg. Volume: 180,726
• 30 Day Avg. Volume: 300,527
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.21
• Price to Cash Flow (P/CF): -0.60
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: $3.00
• Price Target Upside: 1263.64% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

Super League Enterprise faces significant financial challenges with a weak balance sheet and negative cash flow. The stock is technically weak, trading below key moving averages. However, strategic initiatives and leadership changes aim to improve profitability and market position. The current valuation reflects these ongoing challenges, resulting in a low overall score.

Positive Factors

Investment and Asset Transfer

The pending strategic investment and asset transfer from Infinite Reality is expected to provide Super League with $20.0M of additional capital and revenue-generating assets.

Pipeline and Bookings

Management commented they have the strongest line of sight into 1Q25 bookings ever, with a pipeline of $22.0M in near-term pursuits, including 6x $1M+ deals and 6x programs in the $500k-$1M range.

Strategic Acquisitions

Management remains focused on pursuing additional strategic acquisitions of synergistic profitable businesses that can drive material top-line growth and unlock operating leverage to accelerate the path to positive cash flow.

Negative Factors

Capital Requirements

SLE ended 4Q24 with cash of $1.3M and $5.0M of debt, and based on our estimates, we believe SLE will likely require additional capital before 3Q25.

Financial Performance

SLE reported 4Q24 results below expectations with revenue of $3.4M below our estimate of $6.0M; and adjusted EBITDA loss of ($4.0M), which was wider than our estimate.

Revenue Estimates

Due to macro conditions, the 2024 revenue estimates for standalone SLE have been lowered by 25%.

Super League Enterprise Business Overview & Revenue Model

Company Description

Super League Enterprise (SLE) is a company operating in the digital entertainment and esports sectors. It focuses on providing platforms and content for competitive gaming and esports enthusiasts. SLE is known for organizing and hosting amateur esports competitions and leagues, creating digital content, and offering community-driven gaming experiences. The company aims to enhance the esports ecosystem by engaging gamers and fans through its innovative offerings.

How the Company Makes Money

Super League Enterprise generates revenue primarily through multiple streams, including hosting esports events, digital advertising, and content partnerships. The company organizes amateur esports competitions, where it charges entry fees to participants and sponsorship fees to brands looking to reach a gaming audience. Additionally, SLE monetizes its digital content by partnering with advertisers who wish to leverage its platforms for targeted marketing. Significant partnerships with gaming publishers and brands also contribute to its earnings by enabling co-branded events and exclusive content offerings.

Super League Enterprise Financial Statement Overview

Summary

Super League Enterprise is experiencing financial difficulties, with declining revenue, persistent losses, and negative cash flows. Despite some slight improvements, high operational costs and limited growth potential continue to pose significant risks to financial stability.

Income Statement

Super League Enterprise's financial performance shows declining revenue and significant losses. Gross profit margin for the TTM is approximately 27.5%, reflecting a decrease from previous years. The net profit margin is negative, indicating continued losses, and revenue has declined compared to the prior year, with a negative growth rate of approximately -11.23%. High operating expenses contribute to negative EBIT and EBITDA margins, indicating challenges in profitability.

Balance Sheet

The balance sheet reflects a weakening financial position with decreasing assets and equity over time. The debt-to-equity ratio for the TTM is approximately 0.5, indicating moderate leverage. The return on equity is negative due to net losses, and the equity ratio stands at around 28%, showing a relatively low proportion of equity financing. These figures suggest financial vulnerability and limited buffer against liabilities.

Cash Flow

Cash flow analysis reveals persistent negative operating cash flows and a challenging liquidity situation. Free cash flow remains negative, although there has been a reduction in cash outflows compared to the previous year. The operating cash flow to net income ratio is not meaningful due to negative figures, highlighting ongoing cash burn issues.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
22.27M	25.08M	19.68M	11.67M	2.06M	1.08M
	Gross Profit
6.12M	9.78M	8.52M	5.13M	1.21M	571.00K
	EBIT
-17.08M	-32.84M	-84.96M	-25.08M	-18.74M	-20.77M
	EBITDA
-21.14M	-25.22M	-79.57M	-20.53M	-17.36M	-19.91M
	Net Income Common Stockholders
-24.62M	-30.33M	-85.45M	-20.75M	-18.73M	-30.68M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
1.71M	7.61M	2.48M	14.53M	1.71M	8.44M
	Total Assets
4.08M	25.33M	30.21M	96.81M	6.70M	14.45M
	Total Debt
0.00	800.00K	679.00K	0.00	1.21M	0.00
	Net Debt
-1.71M	-6.81M	-1.80M	-14.53M	-504.10K	-8.44M
	Total Liabilities
383.81K	15.34M	11.01M	6.11M	2.44M	1.00M
	Stockholders Equity
3.70M	9.99M	19.20M	90.70M	4.26M	13.44M
Cash Flow		Free Cash Flow
-10.18M	-16.16M	-21.52M	-24.00M	-16.07M	-15.30M
	Operating Cash Flow
-9.56M	-15.49M	-19.83M	-22.71M	-14.88M	-13.65M
	Investing Cash Flow
-624.00K	-825.00K	-1.69M	-4.20M	-1.19M	-3.16M
	Financing Cash Flow
9.33M	21.44M	9.46M	33.50M	15.57M	22.48M

Super League Enterprise Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.22
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SLE, the sentiment is Negative. The current price of 0.22 is below the 20-day moving average (MA) of 0.30, below the 50-day MA of 0.41, and below the 200-day MA of 0.76, indicating a bearish trend. The MACD of -0.05 indicates Positive momentum. The RSI at 27.58 is Positive, neither overbought nor oversold. The STOCH value of 7.62 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SLE.

Super League Enterprise Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	58 Neutral	$26.94B	3.15	-10.67%	4.32%	2.14%	-43.11%
ONFO	47 Neutral	$5.23M	―	-57.95%	―	29.25%	65.16%
MSGM	44 Neutral	$3.20M	0.76	-175.34%	―	25.73%	82.50%
VSME	40 Underperform	$4.08M	―	-157.27%	―	―	―
CNET	36 Underperform	$3.39M	―	-74.75%	―	-37.93%	-23.27%
SLE	13 Underperform	$4.09M	―	-324.29%	―	-35.48%	79.53%

Super League Enterprise Corporate Events

Super League Enterprise Reports 2024 Financial Results

On March 28, 2025, Super League announced its fourth quarter and full year 2024 financial results, revealing challenges in the latter half of 2024 due to market conditions and structural shifts in the Roblox ad ecosystem. The company is realigning its business to achieve EBITDA positivity by Q4 2025, focusing on cost structure and higher-margin programs. Ann Hand transitions to Executive Chair, with Matt Edelman promoted to CEO, and Bant Breen joins the Board to enhance marketing and media strategies. Despite an incomplete deal with Infinite Reality, Super League is exploring strategic alternatives to strengthen its position in the playable digital advertising space.