One-glance verdict
Not enough data
Fair value unavailable
Not enough cash-flow history to value this one with our method.
Fundamentals snapshot
Super League Enterprise, Inc.
SLE · NCM · Communication Services · Internet Content & Information
Current price
$5.03
52-week range
$2.12 - $71.88
Market cap
$234.17M
Balance sheet
Healthy
-1.55x Concerning
Net cash $6.65M. Interest coverage shows how many times profit covers the interest bill.
What stands out
2 Rewards
2 Risks
2 rewards · 2 risks
- Reward Revenue grew 63.2% last year.
- Reward Trades at 0.0x P/E vs peer median 14.3x (99.7% cheaper).
- Risk Return on equity was -504.0% last year — the company lost money on shareholders' equity.
- Risk Insider ownership is only 9.4% (peer median: 29.2%).
What this company does
Super League Enterprise, Inc.
Super League Enterprise is an advertising company that helps other businesses reach the massive and often hard-to-reach audience of video game players. It makes money by creating and selling specialized marketing campaigns that run inside games and on related websites, acting as a bridge between big brands and the gaming community.
How the company got here
Super League started in 2014 and was originally called Super League Gaming, focusing on organizing video game competitions, known as esports events, in places like movie theaters. Over time, the company realized that focusing only on esports was too narrow. In September 2023, it changed its name to Super League Enterprise to show it had a bigger vision: helping brands connect with the massive audience of gamers in general, not just esports fans. This shift involved acquiring other companies to build its technology and capabilities for creating ads and experiences inside popular games.
What it actually does
Super League Enterprise helps other companies advertise to people who play video games. Instead of just showing a simple banner ad, Super League creates interactive experiences, or 'playable media,' that become part of the game itself. Think of it like a company paying to have its brand or product featured in a fun, playable mission within a popular game like Roblox or Minecraft. They provide everything a brand needs for this, from the initial idea and data-driven insights (information about what players like) to building the in-game content and running the advertising campaign.
Advertising and Marketing Solutions
This is the company's main business, where they act like an advertising agency for the video game world. Brands pay Super League to create and run marketing campaigns that reach gamers directly inside the games they play and on other digital platforms. This can include building a custom branded world for players to explore in a game like Roblox, creating special in-game items that feature a brand, or running interactive video ads. This segment is the primary way the company generates revenue (the money it makes from sales).
Platform and Data
This part of the business is the technology engine that makes their advertising work. Super League has its own proprietary technology (tools they built and own) and uses data to understand how players behave and what they pay attention to. They sell access to these tools and insights to brands, helping them make smarter decisions about where and how to advertise to the gaming community. This segment supports the advertising business by providing the information and technical ability to create effective campaigns.
Strategic Properties
This is a newer and growing part of the company where Super League owns and operates its own games or has partnerships with popular game creators. By having their own properties, they get a guaranteed place to run ads and can gather unique data on players. It also gives them another way to make money directly from players. This is a smaller but important piece of their business that they are actively looking to expand.
What management is betting on now
The company's main goal is to become profitable, meaning its earnings are greater than its costs. To get there, they are focused on selling more 'playable media' campaigns that blend advertising with gameplay across many different platforms. They are also expanding their 'Strategic Properties' to have more owned spaces for advertising and are exploring a new digital asset strategy, which could involve things like blockchain-integrated gaming. A major recent development is a large potential investment from a company called Metaplanet, which could lead to a change of control and another name change to 'Superplanet, Inc.'.
Price history
How the share price has moved
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Earnings history
Last 8 quarters — what happened
Click any quarter to read the call summary and what the numbers say.
FY2024 Q3
$-2.13M
FY2024 Q4
$-3.30M
FY2025 Q3
$-2.81M
FY2025 Q4
$-3.87M
Revenue
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Net income
$-4.39M
Diluted EPS
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Operating cash flow
$-2.20M
Free cash flow
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Sources
Revenue
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Net income
$-4.05M
Diluted EPS
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Operating cash flow
$-2.52M
Free cash flow
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Sources
Revenue
—
Net income
$-10.14M
Diluted EPS
—
Operating cash flow
$-3.87M
Free cash flow
$-3.87M
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Sources
Revenue
—
Net income
$-3.56M
Diluted EPS
-2.65
Operating cash flow
$-2.81M
Free cash flow
$-2.81M
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Sources
Revenue
—
Net income
$-2.78M
Diluted EPS
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Operating cash flow
$-1.79M
Free cash flow
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Sources
Revenue
—
Net income
$-4.23M
Diluted EPS
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Operating cash flow
$-2.20M
Free cash flow
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Sources
Revenue
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Net income
$-5.29M
Diluted EPS
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Operating cash flow
$-3.30M
Free cash flow
$-3.30M
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Sources
Revenue
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Net income
$-3.63M
Diluted EPS
-21.47
Operating cash flow
$-2.11M
Free cash flow
$-2.13M
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Sources
Is it cheap or expensive?
Fair value — vs current price $5.03
We couldn't calculate a fair value right now.
Is it drowning in debt?
Healthy
Net cash $6.7M - more cash than debt. Interest coverage -1.5x.
Net debt
$-6.65M
Interest coverage
-1.55x
Super League Enterprise, Inc.'s profit covers its interest bill about 0.0 times over. which is weaker than most peers shown here and 3 peers sit below 1x, which is the danger zone where profit does not fully cover the interest bill.
Healthy
Worse cushion
Baseline
Better cushion
SLE
BASELINE
Super League Enterprise, Inc.
Total debt $0.00 Interest coverage -1.55x This is the baseline the peer rows are being compared against.
Total debt $13.48M Interest coverage -20.56x Neither company has much profit cushion over interest right now.
Total debt $0.00 Interest coverage -17.57x Neither company has much profit cushion over interest right now.
Total debt $31.94M Interest coverage 0.17x This peer still has a real interest-payment cushion, while SLE does not.
Total debt $1.43M Interest coverage 172.94x This peer still has a real interest-payment cushion, while SLE does not.
What you should know
The case for and against SLE
2 Rewards
2 Risks
Rewards
-
Revenue grew 63.2% last year.
-
Trades at 0.0x P/E vs peer median 14.3x (99.7% cheaper).
Risks
-
Return on equity was -504.0% last year — the company lost money on shareholders' equity.
-
Insider ownership is only 9.4% (peer median: 29.2%).
The numbers
All the key metrics, grouped by purpose
Tap any ? icon to learn what it means.
Valuation
How expensive the stock looks
P/E (TTM)
0.04x
Forward P/E
-1.62x
P/B
0.65x
P/S
20.13x
EV/EBITDA
-0.16x
PEG ratio
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Profitability
How much profit each dollar creates
Gross margin
37.9%
Operating margin
-121.2%
Net margin
-190.3%
ROE
-504.0%
ROA
-64.7%
Health
Liquidity and balance-sheet strength
Debt / equity
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Current ratio
1.85x
Quick ratio
1.66x
Total debt
$0.00
Total cash
$6.65M
Growth
How the business has been compounding
Revenue TTM
$3.37M
Revenue 5Y CAGR
90.4%
EPS TTM
116.78
EPS 5Y CAGR
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Cash flow
How much cash the business throws off
Operating CF TTM
$-11.40M
Free CF TTM
$-10.67M
FCF margin
-316.8%
Dividend
Shareholder payout
Yield
—
Payout ratio
0.0%
Last ex-div date
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