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Super League Enterprise(SLE) - 2024 Q4 - Annual Report

Financial Performance - Super League Enterprise, Inc. reported a revenue increase of 25% year-over-year for Fiscal Year 2023, reaching 50million[12].ForFiscalYear2024,SuperLeagueexpectsrevenuegrowthtocontinueatarateof2050 million[12]. - For Fiscal Year 2024, Super League expects revenue growth to continue at a rate of 20% to 25%, projecting revenues between 60 million and 62.5million[12].Thecompanyhassecuredtwonewlicensingagreementswithmajorgamepublishers,whichareexpectedtocontributeanadditional62.5 million[12]. - The company has secured two new licensing agreements with major game publishers, which are expected to contribute an additional 10 million in revenue[12]. - Super League's gross margin improved to 60%, up from 55% in the previous fiscal year, reflecting better cost management[12]. User Growth and Engagement - The company has expanded its user base by 30%, now serving over 1 million active users across its gaming platforms[12]. - The company is investing 5millioninnewproductdevelopment,focusingonenhancinguserengagementthroughinnovativegamingexperiences[12].SuperLeagueplanstoenterthreenewinternationalmarketsin2024,aimingtoincreaseitsglobalfootprintanduseracquisition[12].OperatingExpensesandInvestmentsOperatingexpensesincreasedby155 million in new product development, focusing on enhancing user engagement through innovative gaming experiences[12]. - Super League plans to enter three new international markets in 2024, aiming to increase its global footprint and user acquisition[12]. Operating Expenses and Investments - Operating expenses increased by 15% due to higher marketing costs associated with user acquisition strategies[12]. - Super League has implemented new cybersecurity measures, investing 1 million to protect user data and enhance platform security[12]. Strategic Initiatives - The company is exploring potential acquisition opportunities to enhance its service offerings and market position[12].