Financial Performance - Super League Enterprise, Inc. reported a revenue increase of 25% year-over-year for Fiscal Year 2023, reaching $50 million[12]. - For Fiscal Year 2024, Super League expects revenue to grow by an additional 20%, projecting $60 million in total revenue[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 $5 million in new product development, focusing on enhancing user engagement through innovative gaming experiences[12]. Market Expansion - Super League plans to enter three new international markets in 2024, aiming to increase its global footprint and user acquisition[12]. Operating Expenses - Operating expenses increased by 15% due to higher marketing costs associated with user acquisition strategies[12]. Strategic Initiatives - The company is exploring potential acquisition opportunities to enhance its technology capabilities and market position[12]. - Super League has identified key risks including competitive pressures and changes in consumer demand, which may impact future performance[12].
SUPER LEAGUE GAM(SLGG) - 2024 Q4 - Annual Report