Super League Reports Third Quarter 2025 Financial Results

Core Insights - Super League has completed a significant financial turnaround, achieving a strong balance sheet with $20 million from a private placement and zero debt, positioning the company for renewed operational momentum [1][2] - The company is focused on revenue diversification and maintaining a lean cost structure, which is expected to drive profitability and growth [1][5] Financial Performance - In Q3 2025, Super League reported revenues of $2.4 million, a decline from $4.4 million in Q3 2024, while gross margins improved to 45% from 39% year-over-year [5][19] - Operating losses narrowed by 23% on a cash basis compared to Q3 2024, indicating progress towards achieving Adjusted EBITDA profitability [5][6] - Non-cash operating expenses decreased by 29% year-over-year, reflecting strict cost discipline [5] Strategic Initiatives - The company has established partnerships with major brands like Google and Lionsgate, enhancing its ability to activate playable media campaigns and engage with 190 million U.S. consumers [3][4] - Super League is exploring opportunities in the digital asset economy, backed by a $10 million investment from Evo Fund, which is seen as a significant growth frontier [7][8] Future Outlook - The company aims to scale operations and recapture revenue momentum, with potential for mergers and acquisitions to build a significant asset base [8][9] - Super League is confident in its ability to deliver sustainable value creation for shareholders through disciplined execution and an expanding ecosystem [6][10]