News & Events zu Super League Enterprise Inc (SLE)SLESuper League Enterprise Inc

Super League Acquires Misfits Ads Division

Super League issued a letter to shareholders from the Company's Chairman and Chief Executive Officer, Matt Edelman. "We recently announced our agreement to acquire the Misfits Ads Division. Already generating profitable revenue, integrating the division is fully expected to improve the predictability of our performance, expand our market share, and accelerate our path to cash-based EBITDA profitability... Super League became a new and revitalized company over the past year as a result of the restructuring work we undertook with both new and existing financial supporters excited about our strategic plan. We have sufficient capital resources to fund operations for the foreseeable future, a capital structure enabling organic and inorganic growth, and a more efficient operation supporting year-over-year revenue expansion. The Misfits Ads Division is set to accelerate that progression. It is a profitable business unit today and is expected to have an immediate accretive impact on our cash-based EBITDA. We expect that impact to begin to be visible soon after the acquisition closes, and for this transaction to be a key driver supporting our path to cash-based EBITDA profitability by year end. The acquisition also improves the diversification and quality of our revenue... In addition, the transaction brings proprietary technology that supports revenue generation in channels where we have historically relied on third-party solutions... Upon the closing of the transaction, Super League will also have a preferred commercial partnership with Misfits Gaming Group, enabling the Company to secure revenue-generating brand deals across a portfolio of Roblox games that reach more than 100 million monthly active users... Taken together, these factors-profitable revenue, improved predictability, expanded scale, and greater ownership of technology-represent a significant step forward for Super League and reinforce the progress we have made over the past year."

Super League Acquires Ownership Interest in My Avatar!

Super League (SLE) announced it has acquired an ownership interest in My Avatar!, a Top 25 shopping experience on Roblox (RBLX). "Our strength is helping brands engage the most relevant audiences of gamers across the most vibrant gaming and digital media platforms. My Avatar! offers a distinctive player experience that is particularly well-suited for brand integrations. We're grateful to THINK DIFFERENT for the partnership and excited to continue building our Strategic Properties initiative by backing proven, revenue-generating experiences that expand our inventory and contribute to long-term value creation for shareholders," said Matt Edelman, CEO of Super League. My Avatar! currently maintains over 800,000 daily active users and features an integrated loyalty system. The terms of the acquisition were not disclosed.