<span item_type="fundamental" item_id="7d4b5e6228d047d35a74f58188cdbc27" counter_id="ST/US/SLE" env="prod"></span><span item_type="announcement" item_id="584629854749527553" env="prod"></span><p>Revenue: As of FY2025 Q3, the actual value is USD 2.423 M, missing the estimate of USD 3.395 M.</p><p>EPS: As of FY2025 Q3, the actual value is USD -2.65.</p><p>EBIT: As of FY2025 Q3, the actual value is USD -2.041 M.</p><p></p><h3>Segment Revenue</h3><ul><li>Total revenue for Q3 2025 was $2.4 million, a decline from $4.4 million in Q3 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1621672/000143774925035759/ex_890187.htm"></span><span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1621672/000143774925035759/ex_890733.htm"></span></li><li>Mobile ad revenue constituted 15% of total revenue, while Roblox campaigns accounted for 42%, down from 57% in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1621672/000143774925035759/ex_890187.htm"></span></li></ul><h3>Operational Metrics</h3><ul><li>Gross margin improved to 45% in Q3 2025, up from 39% in Q3 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1621672/000143774925035759/ex_890187.htm"></span><span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1621672/000143774925035759/ex_890733.htm"></span></li><li>Operating expenses decreased, with non-cash operating expenses reduced by 29% year over year.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1621672/000143774925035759/ex_890187.htm"></span><span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1621672/000143774925035759/ex_890733.htm"></span></li><li>Net operating loss for Q3 2025 was - $3.1 million, compared to - $3.5 million in Q3 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1621672/000143774925035759/ex_890187.htm"></span></li></ul><h3>Cash Flow</h3><ul><li>Net cash used in operating activities for the nine months ended September 30, 2025, was - $6.8 million, compared to - $8.2 million for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1621672/000143774925035759/ex_890187.htm"></span></li><li>Net cash provided by investing activities was $923,000 for the nine months ended September 30, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1621672/000143774925035759/ex_890187.htm"></span></li><li>Net cash provided by financing activities was $5.6 million for the nine months ended September 30, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1621672/000143774925035759/ex_890187.htm"></span></li></ul><h3>Unique Metrics</h3><ul><li>The company achieved a pivotal financial turnaround, supported by a $20 million private placement and zero debt, fortifying its balance sheet.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1621672/000143774925035759/ex_890187.htm"></span></li></ul><h3>Outlook / Guidance</h3><ul><li>Super League is exploring strategies within the digital asset economy, aiming to lead the convergence of gaming, media, and digital assets.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1621672/000143774925035759/ex_890187.htm"></span></li><li>The company is poised for resurgence in the final quarter of 2025, with a fundamentally transformed balance sheet and a focus on scaling operations and pursuing new business avenues.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1621672/000143774925035759/ex_890187.htm"></span></li><li>The company expects Q3 2025 revenue to be a historical low point, with booked revenue for Q4 already higher than Q3 revenue. The revenue picture for Q1 2026 is approaching the reported revenue from Q1 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1621672/000143774925035759/ex_890733.htm"></span></li></ul>

Super League Enterprise | 8-K: FY2025 Q3 Revenue Misses Estimate at USD 2.423 M