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Sports Entertainment Gaming Global (SEGG) Q2 2025 earnings results (second quarter 2025)

10-Q filed Aug 19, 2025

Sports Entertainment Gaming Global (SEGG) reported revenue of $192K for the second quarter 2025 (Q2 2025), -25% from a year earlier and -14% from the quarter before.

Revenue$192K
Year over year-25%
Quarter over quarter-14%
Operating margin—
Net earnings−$3.9M

Sports Entertainment Gaming Global, Q2 2025: revenue $192K (-25% year over year), net loss $3.9M, operating cash flow −$3.2M. The chart follows the revenue to costs, profit and cash.

Q2 2025AmountQ/QY/Y
Revenue$192K-14%-25%
Operating profit−$3.8M——
Net earnings−$3.9M——
Operating cash flow−$3.2M-442%—

What changed

Revenue was $192K in Q2 2025, down 25% year over year and down 14% from the previous quarter.

Gross margin was 15.1%, down 67.1 points from a year earlier. Operating costs exceeded revenue by $3.8M, an operating margin of -1992.1%. Operating expenses fell 37% while revenue fell 25%. The fastest-growing cost line was General & admin (+67%). The quarter ended with a net loss of $3.9M, wider than the previous quarter's $3.2M loss. Minority interests bore $114K of it: to shareholders the quarter was a loss of $3.7M.

Operating cash flow was −$3.2M. Working capital and other items added $693K.

Questions

What was Sports Entertainment Gaming Global's revenue in the second quarter 2025?

Sports Entertainment Gaming Global (SEGG) reported revenue of $192K for the second quarter 2025 (Q2 2025), -25% from a year earlier and -14% from the quarter before.

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Source: Sports Entertainment Gaming Global 10-Q on SEC EDGAR.