Company Analysis

Super League Enterprise, Inc. (SLE)

Nasdaq: SLE · Services-Computer Integrated Systems Design · Santa Monica, CA · filing with the SEC since 2014
Grade2.9
◀ Past 2.3● Present 3.2▶ Future 3.5
1 est.

The grade of Super League Enterprise, Inc.

Nine metrics read from its own filings, by tense
Headline grade
2.9/10
◀ Past2.340% of the headline
● Present3.235% of the headline
▶ Future3.525% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

2.3/1040% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
1.0/10

Has it survived what it has been through?

11 warning events since 2017; the latest 2025-10-14.

weight 33% of this tense · 10th percentile among 45 sector filers · read for itself

From the record

Super League Enterprise, Inc.'s filings since 2017 show 11 warning events of 4 kinds: a notice about its exchange listing (8-K item 3.01, 5 times, the latest 2025-10-14); a warning not to rely on past financial statements (8-K item 4.02, the latest 2024-03-27); an auditor change (8-K item 4.01, 3 times, the latest 2023-07-14); a late-report notice (Form NT 10-K or NT 10-Q, 2 times, the latest 2024-04-01) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
4.4/10

What has it actually done, year after year?

+40.6% a year over 6 filed years; profitable in 0 of 6.

weight 45% of this tense · 44th percentile among 38 sector filers · read for its customers

From the record

Super League Enterprise, Inc.'s 6 filed years say what it did: revenue went from $2 million in fiscal 2020 to $11 million in fiscal 2025, up 40.6% a year; it rose in 3 of 5 years; the deepest fall was 55% from fiscal 2023 to fiscal 2025; net income was positive in 0 of 6 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span40.6%top 12% of its family
  • the share of years revenue rosebottom 42% of its family
  • the share of filed years with a profitbottom 17% of its family
  • the deepest fall from a revenue peak54.8%bottom 28% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate
0.1/10

How has it treated the people who own it?

SI estimate 0.1/10, confidence 35 of 100 (one part).

weight 22% of this tense · 1st percentile among 41 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the share count over the years, which ranks in the bottom 1% of 41 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
one part: the share count over the years, the one part on file, ranked among 41 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Super League Enterprise, Inc.'s shareholder treatment is put at 0.1 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the bottom 1% of 41 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

3.2/1035% of the headline grade · 3 of 3 filed

Financial health

as filed
3.5/10

Is it financially healthy right now?

ROE -118%: lost 118¢ per shareholder dollar. Leverage 20%: owes 20¢ per asset dollar.

weight 33% of this tense · 35th percentile among 41 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Super League Enterprise, Inc. lost about 118 cents for every dollar of shareholders' money, and gross profitability: its products earned about 21 cents per dollar of everything the company owns. Leverage: it owed about 20 cents per dollar of assets, and net share issuance: its share count grew 2534.5% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 15% of its family
  • return on equitybottom 8% of its family
  • gross profit against assetsbottom 40% of its family
  • the share count against the year beforebottom 6% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
2.7/10

How strong is its position in its industry?

bottom 27% of 40 in its family; net margin -182.7%.

weight 45% of this tense · 27th percentile among 40 sector filers · read for its customers

From the record

Super League Enterprise, Inc.'s standing among 40 graded names in its industry family: revenue of $11 million in fiscal 2025 ranks in the bottom 26% by size; a net margin of -182.7% ranks in the bottom 29%; revenue growth of -16.8% a year over the last 3 filed years ranks in the bottom 26% (its annual reports).

What it rests on

  • revenue against the family$11.3Mbottom 26% of its family
  • net margin-182.7%bottom 29% of its family
  • three-year revenue growth-16.8%bottom 26% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
3.9/10

What are the people in charge doing?

bottom 39% of 26 in its family for leadership; chief executive since 2026.

weight 22% of this tense · 39th percentile among 26 sector filers · read for its shareholders

From the record

Super League Enterprise, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Edelman, Matthew Evan (CEO & President, as filed), filing under that title since 2026-01-05, 10 months (bottom 17% of its family); the 10 officers and directors filing in the last fifteen months have been on the record a median of 7.6 years (top 22%); 10 officer or director changes were reported on Form 8-K since 2023-11-13, against the 10 people in charge now (bottom 22%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge10 in three years among 10 peoplebottom 22% of its family
  • the median years the people in charge have filed7.6 yearstop 22% of its family
  • the chief executive's years on the record11 monthsbottom 17% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

3.5/1025% of the headline grade · 3 of 3 filed

Room to expand

as filed
6.3/10

How much room does it have to grow?

top 37% of 39 in its family for room to expand.

weight 22% of this tense · 63rd percentile among 39 sector filers · read for itself

From the record

Super League Enterprise, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $14 million against no long-term debt tagged leaves 65.8% of its assets as net cash, top 4% of its family; cash from operations less capital spending is -94.1% of revenue (bottom 32%); a gross margin of 40.5% (top 44%); research spending of 25.7% of revenue (top 31%) (its annual report).

What it rests on

  • cash less debt against assets65.8%top 4% of its family
  • cash from operations less capital spending against revenue-94.1%bottom 32% of its family
  • gross margin40.5%top 44% of its family
  • research spending against revenue25.7%top 31% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
0.7/10

What could actually drive growth from here?

bottom 7% of 38 in its family for growth drivers.

weight 45% of this tense · 7th percentile among 38 sector filers · read for its customers

From the record

Super League Enterprise, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew -16.8% a year over the last three filed years against 40.6% over all 6, slowing (bottom 9% of its family); the newest year grew -29.9% (bottom 7%); research spending grew -43.2% a year (bottom 5%) (its annual reports). Super League Enterprise, Inc. reported 3 product lines in fiscal 2025: Advertising and Sponsorships at $6 million (49%), Publishing and Content Studio at $5 million (48%), Direct to Consumer at $313 thousand (3%); 0 of 3 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span-57.4 points a yearbottom 9% of its family
  • the newest year's revenue growth-29.9%bottom 7% of its family
  • three-year growth of research spending-43.2%bottom 5% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
5.4/10

Did its newest year beat what its own record pointed to?

top 46% of 32 in its family for expectations against reality.

weight 33% of this tense · 54th percentile among 32 sector filers · read for its shareholders

From the record

Super League Enterprise, Inc.'s newest year against its own record: revenue of $11 million in fiscal 2025 came in 22.7% below the $15 million its prior three years' pace pointed to (bottom 8% of its family); net income of $21 million against a prior three-year average of $44 million (top 32%); a net margin of a loss larger than its revenue against losses larger than its revenue before (top 14%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-22.7%bottom 8% of its family
  • net income against the prior three years' average+53%top 32% of its family
  • net margin against its prior average+36.7 pointstop 14% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton SLE · research, not advice