What is Super League Enterprise's operating income?

Super League Enterprise's total operating income in 2025 was -$13.05 million, based on the following breakdown: Total Gross Profit: $4.59 million Total Operating Expenses: $17.65 million

Super League Enterprise (SLE) Financials

$5.85 +0.28 (+5.03%)

Closing price 10/23/2026 04:00 PM Eastern

Extended Trading

$5.71 -0.14 (-2.38%)

As of 10/23/2026 07:28 PM Eastern

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Annual Income Statements for Super League Enterprise

This table shows Super League Enterprise's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	-31	-19	-21	-85	-30	-17	-21
Consolidated Net Income / (Loss)	-31	-19	-21	-85	-30	-17	-21
Net Income / (Loss) Continuing Operations	-31	-19	-21	-85	-30	-17	-21
Total Pre-Tax Income	-31	-19	-24	-86	-31	-16	-21
Total Operating Income	-21	-19	-25	-85	-33	-17	-13
Total Gross Profit	0.57	1.21	5.13	8.52	9.78	6.10	4.59
Total Revenue	1.08	2.06	12	20	25	16	11
Operating Revenue	1.08	2.06	12	20	25	16	11
Total Cost of Revenue	0.51	0.86	6.55	11	15	10	6.75
Operating Cost of Revenue	0.51	0.86	6.55	11	15	10	6.75
Total Operating Expenses	21	20	30	93	43	23	18
Selling, General & Admin Expense	12	7.64	9.44	12	10	8.73	7.21
Marketing Expense	4.49	5.49	9.67	12	12	9.82	7.54
Research & Development Expense	4.92	6.82	11	16	9.50	4.45	2.91
Other Special Charges / (Income)	-	-	0.00	3.21	3.36	-0.14	-0.01
Total Other Income / (Expense), net	-9.91	0.01	1.21	-0.70	2.19	0.40	-7.67
Interest Expense	9.94	0.01	-1.21	0.68	0.00	0.90	0.16
Other Income / (Expense), net	0.03	0.02	-	-0.02	2.19	1.30	-7.51
Income Tax Expense	-	0.00	-3.11	-0.21	-0.31	0.16	-0.01
Basic Earnings per Share	($3.89)	($1.64)	($0.69)	($45.95)	($13.67)	($1,123.63)	($40.43)
Weighted Average Basic Shares Outstanding	7.89M	11.43M	29.88M	1.86M	2.80M	18.71K	492.87K
Weighted Average Diluted Shares Outstanding	7.89M	11.43M	29.88M	37.61M	2.80M	8.94M	1.46M
Weighted Average Basic & Diluted Shares Outstanding	7.89M	11.43M	29.88M	37.61M	2.80M	8.94M	1.46M

This table shows Super League Enterprise's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Period end date	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026	6/30/2026
Net Income / (Loss) Attributable to Common Shareholders	-13	-5.26	-2.46	-3.63	-5.29	-4.23	-2.78	-3.56	-10	-4.05	-4.39
Consolidated Net Income / (Loss)	-13	-5.26	-2.46	-3.63	-5.29	-4.23	-2.78	-3.56	-10	-4.05	-4.39
Net Income / (Loss) Continuing Operations	-13	-5.26	-2.46	-3.63	-5.29	-4.23	-2.78	-3.56	-10	-4.05	-4.39
Total Pre-Tax Income	-13	-5.26	-2.46	-3.63	-5.13	-4.23	-2.78	-3.56	-10	-4.05	-4.39
Total Operating Income	-13	-4.61	-4.09	-3.45	-4.60	-3.63	-3.15	-3.05	-3.23	-4.16	-3.65
Total Gross Profit	3.73	1.73	1.65	1.73	1.00	1.20	1.31	1.08	1.01	1.08	1.24
Total Revenue	9.51	4.21	4.12	4.43	3.43	2.72	3.00	2.42	3.20	3.00	3.01
Operating Revenue	9.51	4.21	4.12	4.43	3.43	2.72	3.00	2.42	3.20	3.00	3.01
Total Cost of Revenue	5.78	2.48	2.47	2.71	2.43	1.52	1.69	1.34	2.19	1.93	1.77
Operating Cost of Revenue	5.78	2.48	2.47	2.71	2.43	1.52	1.69	1.34	2.19	1.93	1.77
Total Operating Expenses	17	6.34	5.74	5.18	5.60	4.83	4.45	4.13	4.23	5.24	4.89
Selling, General & Admin Expense	3.17	2.10	2.52	1.94	2.17	1.52	1.65	1.77	2.28	2.58	1.94
Marketing Expense	3.68	2.28	2.63	2.40	2.52	2.39	2.11	1.70	1.34	1.99	1.74
Research & Development Expense	2.23	1.70	0.79	0.91	1.04	0.93	0.69	0.67	0.62	0.67	1.21
Other Special Charges / (Income)	1.08	0.26	-0.21	-0.07	-0.13	-0.01	0.00	0.00	-	0.00	0.00
Total Other Income / (Expense), net	-0.34	-0.64	1.65	-0.18	-0.43	-0.60	0.36	-0.51	-6.93	0.09	-0.74
Interest Expense	-0.04	0.02	0.02	0.38	0.48	1.40	-0.18	0.16	-1.22	0.00	0.83
Interest & Investment Income	-	-	-	-	-	0.00	0.00	-	-	0.09	0.05
Other Income / (Expense), net	-0.38	-0.62	1.67	0.20	0.05	0.80	0.18	-0.35	-8.15	0.00	0.03
Income Tax Expense	-	0.00	0.00	0.00	0.16	0.00	0.00	0.00	-0.01	0.00	0.00
Basic Earnings per Share	($3.26)	($1.00)	($24.01)	($21.47)	($282.66)	($119.79)	($54.24)	$3.25	($20.58)	($1.77)	($2.70)
Weighted Average Basic Shares Outstanding	2.80M	5.24M	168.53K	248.01K	18.71K	35.32K	53.16K	1.09M	492.87K	2.43M	1.84M
Weighted Average Diluted Shares Outstanding	2.80M	6.63M	6.74M	248.01K	8.94M	16.95M	1.08M	1.56M	1.46M	1.50M	1.70M
Weighted Average Basic & Diluted Shares Outstanding	2.80M	6.63M	6.74M	12.95M	8.94M	16.95M	1.08M	10.08M	1.46M	1.50M	1.70M

This table details how cash moves in and out of Super League Enterprise's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	5.67	2.81	6.59	-12	5.13	-6.30	13
Net Cash From Operating Activities	-14	-15	-23	-20	-15	-11	-11
Net Cash From Continuing Operating Activities	-28	-11	-22	-20	-15	-11	-11
Net Income / (Loss) Continuing Operations	-31	-19	-21	-85	-30	-17	-21
Consolidated Net Income / (Loss)	-31	-19	-21	-85	-30	-17	-21
Depreciation Expense	0.86	1.37	3.32	5.40	5.38	2.61	2.19
Non-Cash Adjustments To Reconcile Net Income	13	2.00	1.17	55	9.54	1.20	8.92
Changes in Operating Assets and Liabilities, net	0.20	4.29	-5.93	4.96	-0.11	1.36	-1.07
Net Cash From Investing Activities	-3.16	-1.19	-4.20	-1.69	-0.83	-0.28	0.92
Net Cash From Continuing Investing Activities	-3.16	-1.19	-4.20	-1.69	-0.83	-0.28	0.92
Purchase of Property, Plant & Equipment	-1.15	-1.04	-1.09	-1.07	-0.66	-0.48	-0.21
Sale of Property, Plant & Equipment	-	-	-	-	-	0.19	1.16
Other Investing Activities, net	-	-	0.00	-0.50	-	0.00	-0.04
Net Cash From Financing Activities	22	16	34	9.47	21	5.45	23
Net Cash From Continuing Financing Activities	22	15	34	9.47	18	5.41	23
Repayment of Debt	-	-	0.00	-3.78	-0.54	-2.35	-5.77
Issuance of Debt	0.00	1.20	0.00	4.00	0.80	4.43	8.04
Issuance of Preferred Equity	-	-	0.00	8.93	19	2.39	0.00
Issuance of Common Equity	22	14	33	0.32	1.89	1.00	21
Other Financing Activities, net	0.02	-0.49	0.11	-	-3.42	-0.07	-0.12
Cash Interest Paid	-	-	-	-	-	0.30	1.27

This table details how cash moves in and out of Super League Enterprise's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Period end date	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026	6/30/2026
Net Change in Cash & Equivalents	9.89	-4.30	-1.63	-1.40	1.02	-0.56	-0.27	0.59	13	-10	-3.10
Net Cash From Operating Activities	-1.40	-3.74	-2.31	-2.11	-3.30	-2.20	-1.79	-2.81	-3.87	-2.52	-2.20
Net Cash From Continuing Operating Activities	-1.40	-3.74	-2.31	-2.11	-3.30	-2.20	-1.79	-2.81	-3.87	-2.52	-2.20
Net Income / (Loss) Continuing Operations	-13	-5.26	-2.46	-3.63	-5.29	-4.23	-2.78	-3.56	-10	-4.05	-4.39
Consolidated Net Income / (Loss)	-13	-5.26	-2.46	-3.63	-5.29	-4.23	-2.78	-3.56	-10	-4.05	-4.39
Depreciation Expense	1.45	0.70	0.62	0.63	0.66	0.55	0.54	0.52	0.59	0.55	1.00
Amortization Expense	-	-	-	-	-	0.00	-	-	-	-0.01	-0.01
Non-Cash Adjustments To Reconcile Net Income	7.41	1.23	-1.02	0.50	0.49	-0.24	0.29	1.03	7.84	1.11	1.56
Changes in Operating Assets and Liabilities, net	3.02	-0.41	0.54	0.40	0.84	1.72	0.16	-0.79	-2.16	-0.12	-0.36
Net Cash From Investing Activities	-0.17	-0.13	-0.16	-0.17	0.17	0.28	0.51	0.13	-0.01	-7.64	0.02
Net Cash From Continuing Investing Activities	-0.17	-0.13	-0.16	-0.17	0.17	0.28	0.51	0.13	-0.01	-7.64	0.02
Purchase of Property, Plant & Equipment	-0.17	-0.13	-0.16	-0.17	-0.02	-0.10	-0.10	-	-0.01	-0.18	-0.03
Acquisitions	-	-	-	-	-	0.00	-	-	-	-0.08	-1.53
Sale and/or Maturity of Investments	-	-	-	-	-	0.00	-	-	-	1.82	1.58
Net Cash From Financing Activities	8.04	-0.43	0.84	0.89	4.15	1.36	1.01	3.27	17	0.00	-0.92
Net Cash From Continuing Financing Activities	8.04	-0.43	0.84	0.85	4.15	1.36	1.01	3.27	17	0.00	-0.92

This table presents Super League Enterprise's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	4.99	14	14	97	30	25	12	22
Total Current Assets	3.75	9.66	9.37	22	10.00	17	5.75	18
Cash & Equivalents	2.77	8.44	7.94	15	2.48	7.61	1.31	14
Short-Term Investments	-	-	-	-	-	-	-	0.00
Accounts Receivable	0.49	0.29	0.59	6.33	6.13	8.29	3.77	2.35
Prepaid Expenses	0.49	0.92	0.84	1.33	1.38	0.86	0.68	1.37
Other Current Assets	-	-	-	-	-	-	-	0.11
Plant, Property, & Equipment, net	0.53	0.24	0.14	0.10	0.15	0.07	0.02	0.01
Total Noncurrent Assets	0.71	4.55	4.47	75	20	8.50	5.93	3.65
Goodwill	0.00	2.57	2.57	50	0.00	1.86	1.86	1.86
Intangible Assets	0.71	1.98	1.91	24	20	6.64	4.07	1.79
Other Noncurrent Operating Assets	-	-	-	-	-	-	-	0.00
Total Liabilities & Shareholders' Equity	4.99	14	14	97	30	25	12	22
Total Liabilities	12	1.00	3.04	6.11	11	15	12	4.34
Total Current Liabilities	12	1.00	1.83	5.59	11	13	10	4.18
Short-Term Debt	11	-	-	0.00	3.89	2.61	1.90	0.00
Accounts Payable	0.81	0.85	1.83	5.51	6.70	10	5.28	3.61
Other Current Liabilities	-	-	-	-	0.11	0.34	3.22	0.57
Total Noncurrent Liabilities	0.00	0.00	1.21	0.52	0.31	1.97	1.10	0.16
Noncurrent Deferred & Payable Income Tax Liabilities	-	-	1.21	0.52	0.31	0.00	0.16	0.15
Other Noncurrent Operating Liabilities	-	-	-	-	0.00	1.97	0.94	0.01
Total Equity & Noncontrolling Interests	-6.79	13	11	91	19	9.99	0.17	18
Total Preferred & Common Equity	-6.79	13	11	91	19	9.99	0.17	18
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	-6.79	13	11	91	19	9.99	0.17	18
Common Stock	48	99	115	216	230	259	270	307
Retained Earnings	-55	-86	-105	-125	-211	-249	-270	-290
Accumulated Other Comprehensive Income / (Loss)	-	-	-	-	-	-	-	0.00

This table presents Super League Enterprise's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026	Q2 2026
Period end date	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025	9/30/2025	3/31/2026	6/30/2026
Total Assets	19	15	13	9.78	8.46	8.70	20	19
Total Current Assets	11	7.96	5.59	4.27	3.73	4.47	16	11
Cash & Equivalents	3.31	1.69	0.29	0.75	0.48	1.06	4.23	1.13
Short-Term Investments	-	-	-	-	-	-	7.12	5.53
Accounts Receivable	6.24	5.49	4.52	2.57	2.34	1.92	2.63	1.57
Prepaid Expenses	1.13	0.78	0.78	0.96	0.92	1.49	1.63	1.07
Other Current Assets	-	-	-	-	-	-	-	1.23
Plant, Property, & Equipment, net	0.05	0.04	0.04	0.02	0.01	0.01	0.01	0.00
Total Noncurrent Assets	7.86	7.42	6.96	5.49	4.71	4.23	3.89	8.23
Goodwill	1.86	1.86	1.86	1.86	1.86	1.86	1.86	4.65
Intangible Assets	5.60	5.16	4.70	3.63	2.85	2.36	1.62	3.17
Other Noncurrent Operating Assets	0.40	0.40	0.40	-	-	-	0.40	0.40
Total Liabilities & Shareholders' Equity	19	15	13	9.78	8.46	8.70	20	19
Total Liabilities	13	10	9.06	13	13	11	4.96	5.85
Total Current Liabilities	9.83	9.69	8.11	13	12	9.61	4.81	5.70
Short-Term Debt	2.39	2.30	2.03	2.00	1.82	0.04	-	0.97
Accounts Payable	7.11	7.03	5.93	5.37	5.46	5.45	4.34	4.19
Other Current Liabilities	-	0.36	-	4.86	4.03	3.30	0.47	0.54
Total Noncurrent Liabilities	2.78	0.67	0.95	0.38	0.24	1.10	0.15	0.15
Noncurrent Deferred & Payable Income Tax Liabilities	-	-	-	0.16	0.16	0.16	0.15	0.15
Other Noncurrent Operating Liabilities	2.78	0.67	0.95	0.22	0.07	0.94	0.00	0.00
Total Equity & Noncontrolling Interests	5.99	5.06	3.52	-3.46	-4.12	-2.01	15	13
Total Preferred & Common Equity	5.99	5.06	3.52	-3.46	-4.12	-2.01	15	13
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	5.99	5.06	3.52	-3.46	-4.12	-2.01	15	13
Common Stock	260	263	267	271	273	272	309	312
Retained Earnings	-254	-258	-264	-274	-277	-274	-294	-299
Accumulated Other Comprehensive Income / (Loss)	-	-	-	-	-	-	-0.05	-0.08

This table displays calculated financial ratios and metrics derived from Super League Enterprise's official financial filings.

Metric	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
DEI Shares Outstanding	8,569,922.00	15,483,010.00	35,778,259.00	37,570,973.00	4,234,998.00	12,952,601.00	10,075,954.00
DEI Adjusted Shares Outstanding	17,854.00	32,256.00	74,538.00	78,273.00	8,823.00	26,985.00	839,663.00
DEI Earnings Per Adjusted Shares Outstanding	-1,718.33	-580.73	-278.35	-1,091.70	-3,437.61	-616.45	-24.67
Growth Metrics	-	-	-	-	-	-	-
Revenue Growth	0.00%	90.41%	465.50%	68.58%	27.45%	-35.48%	-29.91%
EBITDA Growth	0.00%	-0.94%	-25.36%	-264.45%	68.19%	49.09%	-43.04%
EBIT Growth	0.00%	9.72%	-33.95%	-238.82%	63.94%	49.56%	-33.06%
NOPAT Growth	0.00%	9.76%	-33.81%	-238.76%	61.35%	48.98%	22.09%
Net Income Growth	0.00%	38.94%	-10.76%	-311.85%	64.51%	45.15%	-24.54%
EPS Growth	0.00%	57.84%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Growth	0.00%	-9.01%	-52.64%	12.69%	21.88%	26.00%	6.89%
Free Cash Flow Firm Growth	0.00%	0.00%	-716.06%	95.68%	-88.30%	-1.63%	-53.82%
Invested Capital Growth	0.00%	-40.05%	2,440.49%	-72.94%	-75.77%	-84.84%	315.32%
Revenue Q/Q Growth	0.00%	0.00%	86.57%	4.94%	10.52%	-27.32%	-1.95%
EBITDA Q/Q Growth	0.00%	-1,432.00%	-6.59%	-12.61%	17.56%	38.31%	-51.06%
EBIT Q/Q Growth	0.00%	0.00%	-10.76%	-11.88%	15.06%	36.18%	-42.54%
NOPAT Q/Q Growth	0.00%	0.00%	-10.72%	-11.86%	8.98%	33.21%	9.54%
Net Income Q/Q Growth	0.00%	0.00%	-13.04%	-11.89%	8.83%	32.44%	-30.60%
EPS Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	0.00%	8.05%	-22.91%	11.77%	13.37%	-19.91%	-5.59%
Free Cash Flow Firm Q/Q Growth	0.00%	-648.63%	-14.41%	67.48%	46.63%	-28.14%	-536.34%
Invested Capital Q/Q Growth	8.25%	-50.89%	9.52%	-27.48%	-70.59%	-85.62%	203.87%
Profitability Metrics	-	-	-	-	-	-	-
Gross Margin	52.68%	58.53%	43.91%	43.27%	39.00%	37.71%	40.50%
EBITDA Margin	-1,586.25%	-840.89%	-186.40%	-402.98%	-100.59%	-79.37%	-161.98%
Operating Margin	-1,916.05%	-908.09%	-214.87%	-431.77%	-130.93%	-103.53%	-115.09%
EBIT Margin	-1,913.38%	-907.17%	-214.87%	-431.86%	-122.19%	-95.51%	-181.32%
Profit (Net Income) Margin	-2,830.17%	-907.56%	-177.76%	-434.27%	-120.94%	-102.80%	-182.66%
Tax Burden Percent	100.00%	100.00%	86.96%	99.76%	98.98%	100.98%	99.96%
Interest Burden Percent	147.91%	100.04%	95.13%	100.80%	100.00%	106.59%	100.78%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	-290.72%	-328.04%	-44.35%	-122.91%	-179.58%	-407.92%	-468.45%
ROIC Less NNEP Spread (ROIC-NNEP)	-99.53%	-259.54%	-15.95%	272.81%	229.11%	-185.37%	-300.66%
Return on Net Nonoperating Assets (RNNOA)	62.51%	174.40%	3.53%	-32.59%	-28.21%	80.46%	234.41%
Return on Equity (ROE)	-228.22%	-153.65%	-40.83%	-155.51%	-207.78%	-327.46%	-234.04%
Cash Return on Invested Capital (CROIC)	0.00%	-277.96%	-229.21%	-8.09%	-57.59%	-260.58%	-590.83%
Operating Return on Assets (OROA)	-213.45%	-131.75%	-45.28%	-133.81%	-110.35%	-83.46%	-122.48%
Return on Assets (ROA)	-315.73%	-131.80%	-37.46%	-134.55%	-109.22%	-89.82%	-123.39%
Return on Common Equity (ROCE)	-228.22%	-153.65%	-40.83%	-155.51%	-207.78%	-327.46%	-234.04%
Return on Equity Simple (ROE_SIMPLE)	-228.22%	-171.22%	-22.88%	-444.96%	-303.60%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	-15	-13	-18	-59	-23	-12	-9.14
NOPAT Margin	-1,341.24%	-635.66%	-150.41%	-302.24%	-91.65%	-72.47%	-80.56%
Net Nonoperating Expense Percent (NNEP)	-191.19%	-68.50%	-28.40%	-395.72%	-408.69%	-222.55%	-167.79%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-182.40%	-567.38%	-52.11%
Cost of Revenue to Revenue	47.32%	41.47%	56.09%	56.73%	61.00%	62.29%	59.50%
SG&A Expenses to Revenue	1,101.29%	370.16%	80.83%	61.46%	40.90%	53.96%	63.60%
R&D to Revenue	453.41%	330.47%	95.10%	80.68%	37.88%	27.48%	25.67%
Operating Expenses to Revenue	1,968.73%	966.62%	258.78%	475.05%	169.94%	141.24%	155.58%
Earnings before Interest and Taxes (EBIT)	-21	-19	-25	-85	-31	-15	-21
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-17	-17	-22	-79	-25	-13	-18
Valuation Ratios	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.50	4.01	0.93	0.66	0.64	47.05	0.35
Price to Tangible Book Value (P/TBV)	2.27	6.77	5.22	0.00	4.32	0.00	0.44
Price to Revenue (P/Rev)	18.66	21.23	7.23	0.64	0.26	0.49	0.54
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	2.36	11.97	0.92	0.68	0.29	11.34	0.00
Enterprise Value to Revenue (EV/Rev)	10.87	17.38	5.99	0.71	0.06	0.53	0.00
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.20	0.26	11.16	0.00
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Financial Leverage	-0.63	-0.67	-0.22	-0.12	-0.12	-0.43	-0.78
Leverage Ratio	2.92	1.17	1.09	1.16	1.90	3.65	1.90
Compound Leverage Factor	4.32	1.17	1.04	1.17	1.90	3.89	1.91
Debt to Total Capital	0.00%	0.00%	0.00%	16.83%	20.73%	91.78%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	16.83%	20.73%	91.78%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	100.00%	100.00%	100.00%	83.17%	79.27%	8.22%	100.00%
Debt to EBITDA	0.00	0.00	0.00	-0.05	-0.10	-0.15	0.00
Net Debt to EBITDA	0.00	0.00	0.00	-0.02	0.20	-0.05	0.00
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Debt to NOPAT	0.00	0.00	0.00	-0.07	-0.11	-0.16	0.00
Net Debt to NOPAT	0.00	0.00	0.00	-0.02	0.22	-0.05	0.00
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Altman Z-Score	-0.17	-5.44	5.95	-17.74	-16.35	-35.32	-19.53
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-
Current Ratio	9.62	5.12	3.97	0.93	1.25	0.55	4.36
Quick Ratio	8.70	4.66	3.73	0.81	1.19	0.49	4.00
Cash Flow Metrics	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-11	-91	-3.92	-7.37	-7.49	-12
Operating Cash Flow to CapEx	-1,184.55%	-1,424.90%	-2,088.96%	-1,849.44%	-2,353.95%	-4,050.18%	0.00%
Free Cash Flow to Firm to Interest Expense	0.00	-1,389.64	0.00	-5.77	0.00	-8.37	-71.58
Operating Cash Flow to Interest Expense	-1.37	-1,859.50	0.00	-29.20	0.00	-12.81	-66.29
Operating Cash Flow Less CapEx to Interest Expense	-1.49	-1,990.00	0.00	-30.78	0.00	-13.12	-60.38
Efficiency Ratios	-	-	-	-	-	-	-
Asset Turnover	0.11	0.15	0.21	0.31	0.90	0.87	0.68
Accounts Receivable Turnover	2.78	4.69	3.38	3.16	3.48	2.69	3.71
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	2.82	10.95	96.46	156.79	231.14	344.30	708.88
Accounts Payable Turnover	0.62	0.64	1.78	1.83	1.79	1.28	1.52
Days Sales Outstanding (DSO)	131.49	77.90	108.14	115.58	104.94	135.93	98.35
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	592.68	571.80	204.69	199.65	204.21	284.29	240.56
Cash Conversion Cycle (CCC)	-461.19	-493.91	-96.55	-84.07	-99.27	-148.35	-142.21
Capital & Investment Metrics	-	-	-	-	-	-	-
Invested Capital	5.00	3.00	76	21	4.99	0.76	3.14
Invested Capital Turnover	0.22	0.52	0.29	0.41	1.96	5.63	5.81
Increase / (Decrease) in Invested Capital	0.00	-2.00	73	-56	-16	-4.24	2.39
Enterprise Value (EV)	12	36	70	14	1.44	8.59	-8.24
Market Capitalization	20	44	84	13	6.44	8.00	6.15
Book Value per Share	$1.57	$0.71	$2.54	$0.51	$2.36	$0.01	$1.74
Tangible Book Value per Share	$1.04	$0.42	$0.45	($0.02)	$0.35	($0.45)	$1.38
Total Capital	13	11	91	23	13	2.07	18
Total Debt	0.00	0.00	0.00	3.89	2.61	1.90	0.00
Total Long-Term Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt	-8.44	-7.94	-15	1.40	-5.00	0.59	-14
Capital Expenditures (CapEx)	1.15	1.04	1.09	1.07	0.66	0.28	-0.95
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.21	-0.40	2.07	0.71	-1.61	-4.11	-0.36
Debt-free Net Working Capital (DFNWC)	8.66	7.54	17	3.19	6.00	-2.80	14
Net Working Capital (NWC)	8.66	7.54	17	-0.70	3.39	-4.69	14
Net Nonoperating Expense (NNE)	16	5.61	3.19	26	7.34	4.91	12
Net Nonoperating Obligations (NNO)	-8.44	-7.94	-15	1.40	-5.00	0.59	-14
Total Depreciation and Amortization (D&A)	3.55	1.37	3.32	5.68	5.42	2.61	2.19
Debt-free, Cash-free Net Working Capital to Revenue	19.65%	-19.57%	17.75%	3.59%	-6.42%	-25.37%	-3.16%
Debt-free Net Working Capital to Revenue	798.43%	365.21%	142.26%	16.21%	23.92%	-17.27%	123.72%
Net Working Capital to Revenue	798.43%	365.21%	142.26%	-3.54%	13.51%	-29.00%	123.72%
Earnings Adjustments	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	($1.64)	($0.69)	($2.30)	($13.67)	($1,128.00)	($40.43)
Adjusted Weighted Average Basic Shares Outstanding	0.00	21.61M	36.81M	37.19M	2.80M	18.63K	492.87K
Adjusted Diluted Earnings per Share	$0.00	($1.64)	($0.69)	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	0.00	21.61M	36.81M	37.61M	5.98M	18.63K	1.46M
Adjusted Basic & Diluted Earnings per Share	$0.00	($1.64)	($0.69)	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	11.43M	29.88M	37.61M	5.98M	18.63K	1.46M
Normalized Net Operating Profit after Tax (NOPAT)	-15	-13	-18	-22	-16	-12	-9.15
Normalized NOPAT Margin	-1,341.24%	-635.66%	-150.41%	-112.03%	-62.60%	-73.10%	-80.65%
Pre Tax Income Margin	-2,830.17%	-907.56%	-204.41%	-435.31%	-122.19%	-101.80%	-182.74%
Debt Service Ratios	-	-	-	-	-	-	-
EBIT to Interest Expense	-2.09	-2,340.50	0.00	-125.15	0.00	-17.27	-127.73
NOPAT to Interest Expense	-1.46	-1,640.01	0.00	-87.59	0.00	-13.10	-56.75
EBIT Less CapEx to Interest Expense	-2.20	-2,471.00	0.00	-126.73	0.00	-17.59	-121.83
NOPAT Less CapEx to Interest Expense	-1.58	-1,770.51	0.00	-89.17	0.00	-13.42	-50.85
Payout Ratios	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

This table displays calculated financial ratios and metrics derived from Super League Enterprise's official financial filings.

Metric	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Period end date	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026	6/30/2026
DEI Shares Outstanding	4,234,998.00	5,982,912.00	6,632,707.00	10,563,452.00	12,952,601.00	17,776,170.00	18,448,162.00	1,078,043.00	10,075,954.00	1,460,449.00	1,502,712.00
DEI Adjusted Shares Outstanding	8,823.00	12,464.00	13,818.00	22,007.00	26,985.00	37,034.00	38,434.00	89,837.00	839,663.00	1,460,449.00	1,502,712.00
DEI Earnings Per Adjusted Shares Outstanding	-1,504.48	-422.02	-177.67	-165.04	-195.96	-114.22	-72.41	-39.65	-12.08	-2.77	-2.92
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	33.53%	26.70%	-18.53%	-38.42%	-63.97%	-35.42%	-27.09%	-45.32%	-6.60%	10.49%	0.27%
EBITDA Growth	19.08%	22.29%	68.89%	-51.21%	67.19%	49.56%	-34.00%	-10.03%	-176.99%	-58.66%	-8.39%
EBIT Growth	17.68%	27.43%	66.06%	-9.08%	65.81%	45.84%	-22.18%	-4.49%	-149.77%	-46.92%	-21.93%
NOPAT Growth	20.04%	36.22%	50.01%	23.20%	64.41%	21.15%	23.16%	11.64%	29.92%	-14.54%	-15.93%
Net Income Growth	18.13%	27.31%	64.09%	-21.72%	60.16%	19.58%	-13.36%	1.93%	-91.79%	4.23%	-57.74%
EPS Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	87.66%	-91.79%	0.00%	0.00%
Operating Cash Flow Growth	63.09%	-25.69%	70.45%	36.08%	-136.03%	41.14%	22.39%	-33.30%	-17.11%	-14.53%	-22.82%
Free Cash Flow Firm Growth	-85.17%	-82.37%	-85.50%	12.08%	-84.54%	-49.66%	-16.22%	-33.80%	-558.15%	-275.59%	-300.98%
Invested Capital Growth	-75.77%	-71.38%	-64.54%	-69.00%	-84.84%	-143.66%	-148.95%	-157.51%	315.32%	244.23%	360.23%
Revenue Q/Q Growth	32.18%	-55.74%	-2.21%	7.65%	-22.68%	-20.67%	10.41%	-19.26%	32.07%	-6.16%	0.20%
EBITDA Q/Q Growth	-584.49%	61.90%	60.06%	-45.18%	-48.51%	41.42%	-6.09%	-19.21%	-273.86%	66.45%	27.52%
EBIT Q/Q Growth	-346.25%	60.78%	53.54%	-34.17%	-39.88%	37.89%	-4.81%	-14.74%	-234.37%	63.46%	13.02%
NOPAT Q/Q Growth	-187.68%	64.40%	11.12%	15.64%	-33.30%	21.12%	13.38%	2.99%	-5.74%	-28.92%	12.33%
Net Income Q/Q Growth	-344.84%	60.37%	53.33%	-47.94%	-45.59%	20.01%	34.21%	-27.99%	-184.73%	60.06%	-8.37%
EPS Q/Q Growth	0.00%	0.00%	0.00%	0.00%	-45.59%	0.00%	0.00%	0.00%	-184.73%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	57.58%	-167.55%	38.31%	8.71%	-56.64%	33.28%	18.66%	-56.81%	-37.62%	34.76%	12.76%
Free Cash Flow Firm Q/Q Growth	-20.90%	43.34%	-20.72%	24.70%	-89.09%	366.84%	31.95%	-1.46%	-175.48%	-78.92%	-51.03%
Invested Capital Q/Q Growth	-70.59%	1.42%	11.99%	-7.19%	-85.62%	-392.07%	-25.55%	-9.04%	203.87%	1.43%	126.53%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	39.19%	41.15%	39.99%	38.93%	29.16%	44.00%	43.62%	44.57%	31.50%	35.86%	41.34%
EBITDA Margin	-124.81%	-107.44%	-43.88%	-59.17%	-113.66%	-83.92%	-80.64%	-119.07%	-337.06%	-120.51%	-87.17%
Operating Margin	-136.00%	-109.41%	-99.44%	-77.93%	-134.35%	-133.59%	-104.80%	-125.92%	-100.81%	-138.49%	-121.17%
EBIT Margin	-140.02%	-124.07%	-58.94%	-73.46%	-132.90%	-104.05%	-98.77%	-140.36%	-355.38%	-138.36%	-120.11%
Profit (Net Income) Margin	-139.58%	-124.97%	-59.65%	-81.97%	-154.35%	-155.63%	-92.74%	-147.01%	-316.94%	-134.90%	-145.90%
Tax Burden Percent	100.00%	100.00%	100.00%	100.00%	103.14%	100.00%	100.00%	100.00%	99.91%	100.00%	100.00%
Interest Burden Percent	99.68%	100.73%	101.20%	111.58%	112.61%	149.58%	93.89%	104.73%	89.26%	97.50%	121.47%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	-186.53%	-174.79%	-160.86%	-109.23%	-529.35%	-963.06%	-688.03%	-912.02%	-410.35%	-2,305.10%	-443.74%
ROIC Less NNEP Spread (ROIC-NNEP)	48.32%	-363.35%	-335.75%	-224.66%	-435.66%	-1,998.83%	-747.49%	-1,307.11%	-296.12%	-2,282.54%	-359.04%
Return on Net Nonoperating Assets (RNNOA)	-5.95%	-38.11%	7.12%	-23.49%	189.10%	-257.86%	-1,557.06%	-623.34%	230.87%	2,081.11%	177.32%
Return on Equity (ROE)	-192.48%	-212.89%	-153.75%	-132.72%	-340.25%	-1,220.92%	-2,245.09%	-1,535.36%	-179.48%	-224.00%	-266.42%
Cash Return on Invested Capital (CROIC)	-57.59%	-74.96%	-73.58%	-52.58%	-260.58%	0.00%	0.00%	0.00%	-590.83%	-467.44%	-274.88%
Operating Return on Assets (OROA)	-126.46%	-149.83%	-69.57%	-82.15%	-116.12%	-107.71%	-112.35%	-152.59%	-240.06%	-109.86%	-102.68%
Return on Assets (ROA)	-126.06%	-150.92%	-70.40%	-91.66%	-134.87%	-161.10%	-105.49%	-159.81%	-214.10%	-107.11%	-124.73%
Return on Common Equity (ROCE)	-192.48%	-212.89%	-153.75%	-132.72%	-340.25%	-1,220.92%	-2,245.09%	-1,531.30%	-179.48%	-224.00%	-266.42%
Return on Equity Simple (ROE_SIMPLE)	0.00%	-473.51%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	-9.05	-3.22	-2.87	-2.42	-3.22	-2.54	-2.20	-2.14	-2.26	-2.91	-2.55
NOPAT Margin	-95.20%	-76.59%	-69.61%	-54.55%	-94.05%	-93.51%	-73.36%	-88.14%	-70.57%	-96.95%	-84.82%
Net Nonoperating Expense Percent (NNEP)	-234.85%	188.56%	174.88%	115.43%	-93.69%	1,035.77%	59.46%	395.10%	-114.23%	-22.56%	-84.69%
Return On Investment Capital (ROIC_SIMPLE)	-71.84%	-38.49%	-38.95%	-43.54%	-155.88%	173.61%	95.68%	108.63%	-12.88%	-20.02%	-18.39%
Cost of Revenue to Revenue	60.81%	58.85%	60.01%	61.07%	70.84%	56.00%	56.38%	55.43%	68.50%	64.14%	58.66%
SG&A Expenses to Revenue	33.28%	49.94%	61.22%	43.67%	63.46%	55.92%	55.08%	72.84%	71.09%	85.81%	64.44%
R&D to Revenue	23.47%	40.37%	19.24%	20.63%	30.41%	34.18%	23.13%	27.53%	19.44%	22.24%	40.35%
Operating Expenses to Revenue	175.19%	150.56%	139.43%	116.86%	163.51%	177.59%	148.42%	170.49%	132.31%	174.36%	162.51%
Earnings before Interest and Taxes (EBIT)	-13	-5.22	-2.43	-3.26	-4.55	-2.83	-2.96	-3.40	-11	-4.16	-3.61
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-12	-4.52	-1.81	-2.62	-3.89	-2.28	-2.42	-2.89	-11	-3.62	-2.62
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.64	1.52	1.05	1.87	47.05	0.00	0.00	0.00	0.35	0.37	0.35
Price to Tangible Book Value (P/TBV)	4.32	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.44	0.49	0.88
Price to Revenue (P/Rev)	0.26	0.35	0.21	0.30	0.49	0.28	0.16	0.42	0.54	0.46	0.38
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.29	1.62	1.04	1.58	11.34	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	0.06	0.32	0.24	0.37	0.53	0.37	0.26	0.33	0.00	0.00	0.00
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.26	0.40	0.45	0.58	11.16	-0.58	-0.44	-0.02	0.00	0.00	0.08
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Financial Leverage	-0.12	0.10	-0.02	0.10	-0.43	0.13	2.08	0.48	-0.78	-0.91	-0.49
Leverage Ratio	1.90	2.09	1.92	1.98	3.65	11.23	25.42	14.06	1.90	2.64	3.10
Compound Leverage Factor	1.90	2.10	1.94	2.21	4.11	16.80	23.87	14.72	1.69	2.58	3.76
Debt to Total Capital	20.73%	28.50%	31.27%	36.62%	91.78%	-136.41%	-78.92%	-1.98%	0.00%	0.00%	7.01%
Short-Term Debt to Total Capital	20.73%	28.50%	31.27%	36.62%	91.78%	-136.41%	-78.92%	-1.98%	0.00%	0.00%	7.01%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-0.20%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	79.27%	71.50%	68.73%	63.38%	8.22%	236.41%	178.92%	102.19%	100.00%	100.00%	92.99%
Debt to EBITDA	-0.10	-0.10	-0.12	-0.10	-0.15	-0.19	-0.16	0.00	0.00	0.00	-0.05
Net Debt to EBITDA	0.20	0.04	-0.03	-0.08	-0.05	-0.12	-0.12	0.08	0.00	0.00	0.29
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Debt to NOPAT	-0.11	-0.11	-0.13	-0.12	-0.16	-0.18	-0.17	0.00	0.00	0.00	-0.10
Net Debt to NOPAT	0.22	0.04	-0.03	-0.10	-0.05	-0.11	-0.13	0.10	0.00	0.00	0.58
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Altman Z-Score	-14.10	-18.18	-22.19	-28.23	-32.25	-39.56	-46.53	-44.42	-18.14	-19.91	-21.58
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.26%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.25	1.09	0.82	0.69	0.55	0.33	0.30	0.46	4.36	3.25	1.85
Quick Ratio	1.19	0.97	0.74	0.59	0.49	0.26	0.23	0.31	4.00	2.91	1.44
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	6.56	9.40	7.45	9.30	1.01	4.73	6.25	6.15	-4.65	-8.31	-13
Operating Cash Flow to CapEx	-837.72%	-2,994.40%	-1,452.20%	-1,218.50%	0.00%	0.00%	0.00%	0.00%	-55,242.86%	-1,441.71%	-7,336.67%
Free Cash Flow to Firm to Interest Expense	0.00	522.42	496.99	24.40	2.11	3.38	0.00	38.23	0.00	0.00	-15.21
Operating Cash Flow to Interest Expense	0.00	-207.94	-153.93	-5.53	-6.86	-1.57	0.00	-17.45	0.00	0.00	-2.67
Operating Cash Flow Less CapEx to Interest Expense	0.00	-214.89	-164.53	-5.99	-6.50	-1.37	0.00	-16.51	0.00	0.00	-2.70
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.90	1.21	1.18	1.12	0.87	1.04	1.14	1.09	0.68	0.79	0.85
Accounts Receivable Turnover	3.48	5.35	4.67	3.61	2.69	3.34	3.47	3.60	3.71	4.48	5.95
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	231.14	283.78	340.54	353.43	344.30	413.83	532.39	482.00	708.88	968.92	1,292.78
Accounts Payable Turnover	1.79	2.46	2.41	1.88	1.28	1.46	1.34	1.23	1.52	1.47	1.50
Days Sales Outstanding (DSO)	104.94	68.20	78.10	101.19	135.93	109.42	105.16	101.49	98.35	81.51	61.33
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	204.21	148.63	151.60	194.06	284.29	249.66	273.00	297.40	240.56	247.76	243.75
Cash Conversion Cycle (CCC)	-99.27	-80.43	-73.50	-92.87	-148.35	-140.24	-167.83	-195.91	-142.21	-166.25	-182.42
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	4.99	5.06	5.67	5.26	0.76	-2.21	-2.78	-3.03	3.14	3.19	7.22
Invested Capital Turnover	1.96	2.28	2.31	2.00	5.63	10.30	9.38	10.35	5.81	23.78	5.23
Increase / (Decrease) in Invested Capital	-16	-13	-10	-12	-4.24	-7.28	-8.45	-8.29	2.39	5.40	10
Enterprise Value (EV)	1.44	8.18	5.92	8.31	8.59	5.43	3.48	3.82	-8.24	-5.95	-1.22
Market Capitalization	6.44	9.11	5.31	6.57	8.00	4.18	2.14	4.84	6.15	5.40	4.46
Book Value per Share	$2.36	$1.41	$0.76	$0.33	$0.01	($0.27)	($0.22)	($1.86)	$1.74	$1.44	$8.59
Tangible Book Value per Share	$0.35	($0.35)	($0.30)	($0.29)	($0.45)	($0.69)	($0.48)	($5.78)	$1.38	$1.10	$3.38
Total Capital	13	8.38	7.36	5.55	2.07	-1.46	-2.30	-1.97	18	15	14
Total Debt	2.61	2.39	2.30	2.03	1.90	2.00	1.82	0.04	0.00	0.00	0.97
Total Long-Term Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt	-5.00	-0.92	0.62	1.74	0.59	1.25	1.34	-1.02	-14	-11	-5.68
Capital Expenditures (CapEx)	0.17	0.13	0.16	0.17	-0.17	-0.28	-0.52	-0.15	0.01	0.18	0.03
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-1.61	-0.07	-1.12	-0.78	-4.11	-7.34	-7.27	-6.17	-0.36	-0.56	-0.86
Debt-free Net Working Capital (DFNWC)	6.00	3.24	0.57	-0.50	-2.80	-6.60	-6.79	-5.11	14	11	5.80
Net Working Capital (NWC)	3.39	0.85	-1.73	-2.53	-4.69	-8.59	-8.61	-5.14	14	11	4.83
Net Nonoperating Expense (NNE)	4.22	2.04	-0.41	1.21	2.07	1.69	0.58	1.43	7.88	1.14	1.84
Net Nonoperating Obligations (NNO)	-5.00	-0.92	0.62	1.74	0.59	1.25	1.34	-1.02	-14	-11	-5.68
Total Depreciation and Amortization (D&A)	1.45	0.70	0.62	0.63	0.66	0.55	0.54	0.52	0.59	0.54	0.99
Debt-free, Cash-free Net Working Capital to Revenue	-6.42%	-0.27%	-4.47%	-3.52%	-25.37%	-49.98%	-53.54%	-53.30%	-3.16%	-4.77%	-7.36%
Debt-free Net Working Capital to Revenue	23.92%	12.48%	2.27%	-2.22%	-17.27%	-44.89%	-50.04%	-44.13%	123.72%	92.88%	49.83%
Net Working Capital to Revenue	13.51%	3.29%	-6.92%	-11.35%	-29.00%	-58.48%	-63.41%	-44.47%	123.72%	92.88%	41.47%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($3.26)	($1.00)	($24.00)	($21.60)	($135,676.80)	($120.00)	($54.24)	$3.25	($246.96)	($1.77)	($2.70)
Adjusted Weighted Average Basic Shares Outstanding	2.80M	5.24M	168.53K	248.01K	39.00	35.32K	53.16K	1.09M	41.07K	2.43M	1.84M
Adjusted Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	($135,676.80)	$0.00	$0.00	($2.65)	($246.96)	$0.00	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	2.80M	6.63M	168.53K	323.82K	18.63K	35.32K	89.84K	1.56M	121.70K	1.50M	1.70M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	($135,676.80)	$0.00	$0.00	$0.00	($246.96)	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	2.80M	6.63M	168.53K	323.82K	18.63K	35.32K	89.84K	10.08M	121.70K	1.50M	1.70M
Normalized Net Operating Profit after Tax (NOPAT)	-8.30	-3.04	-3.01	-2.46	-3.31	-2.55	-2.20	-2.14	-2.26	-2.91	-2.55
Normalized NOPAT Margin	-87.29%	-72.28%	-73.11%	-55.62%	-96.68%	-93.87%	-73.36%	-88.14%	-70.57%	-96.95%	-84.82%
Pre Tax Income Margin	-139.58%	-124.97%	-59.65%	-81.97%	-149.65%	-155.63%	-92.74%	-147.01%	-317.22%	-134.90%	-145.90%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	-290.11	-161.73	-8.54	-9.47	-2.02	0.00	-21.12	0.00	0.00	-4.38
NOPAT to Interest Expense	0.00	-179.08	-191.01	-6.34	-6.70	-1.81	0.00	-13.27	0.00	0.00	-3.09
EBIT Less CapEx to Interest Expense	0.00	-297.06	-172.33	-9.00	-9.10	-1.82	0.00	-20.18	0.00	0.00	-4.42
NOPAT Less CapEx to Interest Expense	0.00	-186.03	-201.61	-6.80	-6.34	-1.61	0.00	-12.32	0.00	0.00	-3.13
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials Breakdown Chart

Key Financial Trends

Super League Enterprise (NASDAQ:SLE) continues to show revenue stabilization and balance-sheet improvement, but it remains deeply unprofitable and cash-flow negative. Revenue was approximately $3.0 million in both Q1 and Q2 2026, compared with $2.4 million in Q3 2025 and $3.2 million in Q4 2025. However, quarterly revenue remains below the $4.1 million to $4.4 million range reported during much of 2024.

Gross margin improved to approximately 41.3% in Q2 2026 from 35.9% in Q1 and 31.5% in Q4 2025. This was a positive development, although it was not enough to offset operating expenses of $4.9 million. SLE recorded an operating loss of $3.6 million and a net loss of $4.4 million in Q2, compared with net losses of $4.1 million in Q1 2026, $10.1 million in Q4 2025 and $5.3 million in Q4 2024.

Cash generation remains the primary concern. Operating cash flow was negative $2.2 million in Q2 2026, following negative operating cash flow of $2.5 million in Q1 and negative operating cash flow in every quarter provided since Q1 2024. The company also reported a $3.1 million decline in cash and equivalents during Q2, despite receiving $1.6 million from investment maturities or sales.

The balance sheet is stronger than it was during 2024 and early 2025. At June 30, 2026, SLE held $1.1 million of cash and $5.5 million of short-term investments, while total current liabilities were $5.7 million. Total equity was positive at $12.9 million, compared with negative equity in each reported quarter from Q2 2025 through Q3 2025. Still, much of the asset base consists of goodwill and intangible assets, which may be vulnerable to impairment if acquisitions fail to produce expected results.

Revenue has stabilized. Quarterly revenue of roughly $3.0 million in Q1 and Q2 2026 represents an improvement from the $2.4 million reported in Q3 2025 and is broadly consistent with the prior-year period.
Gross margin improved materially. Q2 2026 gross margin rose to approximately 41.3%, up from 35.9% in Q1 2026 and 31.5% in Q4 2025, suggesting better revenue mix or cost control.
The balance sheet has moved back into positive equity. Total equity increased to $12.9 million at June 30, 2026, compared with negative $4.1 million at June 30, 2025 and negative $2.0 million at September 30, 2025.
Liquidity includes a meaningful investment portfolio. Cash and short-term investments totaled approximately $6.7 million at the end of Q2 2026, providing more financial flexibility than the company had during 2024 and early 2025.
Acquisition activity is changing the asset mix. SLE spent $1.5 million on acquisitions in Q2 2026, while goodwill and intangible assets increased substantially from Q1. The acquisitions could support future growth, but their financial contribution is not yet evident in reported profitability.
Share-count comparisons are difficult. Reported weighted-average shares have changed sharply across periods, likely reflecting equity issuance, restructurings or other capital-market activity. Investors should focus on fully diluted shares and potential future dilution rather than relying on a single quarter’s EPS.
Operating losses remain persistent. SLE has reported a quarterly operating loss in every supplied period, including a $3.6 million operating loss in Q2 2026 despite the improved gross margin.
Cash burn remains substantial. Operating cash flow was negative $2.2 million in Q2 2026 and negative $2.5 million in Q1. Continued losses could require additional asset sales, borrowing or equity issuance.
Operating expenses remain far above gross profit. Q2 operating expenses totaled $4.9 million versus $1.2 million of gross profit. Selling, general and administrative, marketing, and research and development costs together exceeded revenue by a wide margin.
Goodwill and intangible-asset risk has increased. These assets totaled approximately $7.8 million at June 30, 2026, or more than 40% of total assets. Weak acquisition performance could lead to impairment charges and further losses.

10/25/26 03:44 AM ETAI Generated. May Contain Errors.

Super League Enterprise Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Super League Enterprise's fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

Super League Enterprise's net income appears to be on an upward trend, with a most recent value of -$20.72 million in 2025, rising from -$30.68 million in 2019. The previous period was -$16.64 million in 2024. Find out what analysts predict for Super League Enterprise in the coming months.

Super League Enterprise's total operating income in 2025 was -$13.05 million, based on the following breakdown:

Total Gross Profit: $4.59 million
Total Operating Expenses: $17.65 million

Over the last 6 years, Super League Enterprise's total revenue changed from $1.08 million in 2019 to $11.34 million in 2025, a change of 946.3%.

In the past 9 quarters, Super League Enterprise's cash and equivalents has ranged from $289 thousand in Q3 2024 to $4.23 million in Q1 2026, and is currently $1.13 million as of their latest financial filing in Q2 2026.

Super League Enterprise had total debt of $0.00 at the end of 2025, a 100.0% decrease from 2024, and none in 2019.

Over the last 6 years, Super League Enterprise's book value per share changed from 1.57 in 2019 to 1.74 in 2025, a change of 10.9%.

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Financial statements for NASDAQ:SLE last updated on 10/21/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Super League Enterprise (SLE) Financials

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Super League Enterprise (SLE) Financials

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Financials Breakdown Chart

Key Financial Trends

Super League Enterprise Financials - Frequently Asked Questions

When does Super League Enterprise's financial year end?

How has Super League Enterprise's net income changed over the last 6 years?

What is Super League Enterprise's operating income?

How has Super League Enterprise's revenue changed over the last 6 years?

How much cash does Super League Enterprise have?

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How has Super League Enterprise's book value per share changed over the last 6 years?

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