Filing Flows › Super League Enterprise (SLE) › Q1 2025
Super League Enterprise (SLE) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 15, 2025
Super League Enterprise (SLE) reported revenue of $2.7M for the first quarter 2025 (Q1 2025), -35% from a year earlier and -21% from the quarter before. Operating margin was -133.6%, net loss $4.2M (155.6% of revenue).
Super League Enterprise, Q1 2025: revenue $2.7M (-35% year over year), operating margin -133.6%, net loss $4.2M, operating cash flow −$2.2M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.7M | -21% | -35% |
| Operating profit | −$3.6M | — | — |
| Net earnings | −$4.2M | — | — |
| Operating cash flow | −$2.2M | — | — |
What changed
Revenue was $2.7M in Q1 2025, down 35% year over year and down 21% from the previous quarter. Advertising and Sponsorships was the largest line at 47% of revenue. Publishing and Content Studio lost $1.3M year over year (down 50%), 85% of the total change.
Gross margin was 44.0%, up 2.9 points from a year earlier. Operating costs exceeded revenue by $3.6M, an operating margin of -133.6%. Operating expenses fell 24% while revenue fell 35%. The quarter ended with a net loss of $4.2M, narrower than the previous quarter's $5.3M loss.
Operating cash flow was −$2.2M. Non-cash charges added back $547K of depreciation and amortization and $284K of share-based compensation. Working capital and other items added $1.2M.
Questions
What was Super League Enterprise's revenue in the first quarter 2025?
Super League Enterprise (SLE) reported revenue of $2.7M for the first quarter 2025 (Q1 2025), -35% from a year earlier and -21% from the quarter before.
Was Super League Enterprise profitable in the first quarter 2025?
Operating loss was $3.6M (-133.6% of revenue) and net loss $4.2M.