Revenue: As of FY2025 Q3, the actual value is USD 2.423 M, missing the estimate of USD 3.395 M.EPS: As of FY2025 Q3, the actual value is USD -2.65.EBIT: As of FY2025 Q3, the actual value is USD -2.041 M.<h3>Segment Revenue</h3><ul><li>Media and Advertising: Revenue for the three months ended September 30, 2025, was $1,025,000, compared to $1,538,000 for the same period in 2024. For the nine months ended September 30, 2025, revenue was $3,773,000, compared to $4,637,000 in 2024.</li><li>Publishing and Content Studio: Revenue for the three months ended September 30, 2025, was $1,398,000, compared to $2,646,000 for the same period in 2024. For the nine months ended September 30, 2025, revenue was $4,056,000, compared to $7,388,000 in 2024.</li><li>Direct to Consumer: No revenue was reported for the three months ended September 30, 2025, compared to $247,000 for the same period in 2024. For the nine months ended September 30, 2025, revenue was $313,000, compared to $731,000 in 2024.</li></ul><h3>Operational Metrics</h3><ul><li>Net Loss: For the three months ended September 30, 2025, the net loss was -$3,562,000, compared to -$3,632,000 for the same period in 2024. For the nine months ended September 30, 2025, the net loss was -$10,575,000, compared to -$11,347,000 in 2024.</li><li>Gross Profit: For the three months ended September 30, 2025, gross profit was $1,080,000, compared to $1,725,000 for the same period in 2024. For the nine months ended September 30, 2025, gross profit was $3,585,000, compared to $5,103,000 in 2024.</li></ul><h3>Cash Flow</h3><ul><li>Net Cash Used in Operating Activities: For the nine months ended September 30, 2025, net cash used in operating activities was -$6,805,000, compared to -$8,160,000 in 2024.</li><li>Net Cash Provided by Investing Activities: For the nine months ended September 30, 2025, net cash provided by investing activities was $923,000, compared to -$457,000 in 2024.</li><li>Net Cash Provided by Financing Activities: For the nine months ended September 30, 2025, net cash provided by financing activities was $5,633,000, compared to $1,297,000 in 2024.</li></ul><h3>Future Outlook and Strategy</h3><ul><li>Core Business Focus: The company plans to use proceeds from recent equity financings totaling $20.0 million to repay existing indebtedness, implement a new corporate strategy, and for general corporate purposes and working capital.</li><li>Operating Cost Reductions: Since May 2024, the company has implemented operating expense reduction initiatives, resulting in a decrease in operating expenses by 29% and 24% for the three and nine months ended September 30, 2025, respectively, compared to the same periods in 2024.</li><li>Debt to Equity Conversions: The company has converted approximately $4.0 million of outstanding promissory notes into equity, reducing leverage and future cash commitments.</li></ul>

Super League Enterprise | 10-Q: FY2025 Q3 Revenue Misses Estimate at USD 2.423 M