– Fourth quarter sales increased 34% year-over-year to $9.5 million, a company record –
~ Full-year sales increased 27% year-on-year to $25.1 million, marking a record high ~
SANTA MONICA, Calif., March 27, 2024 (GLOBE NEWSWIRE) — Super League (NASDAQ: SLE) (the “Company”), a leading creator and publisher of content experiences and media solutions across the world's largest immersive platforms, , fourth quarter and full year 2023 financial results. shareholder letter.Webinar hosted by Super League CEO Anne Hand and Super League CFO Clayton Haynes will be streamed here The results will be further discussed today, Wednesday, March 27, 2024, beginning at 5:00 PM ET.
Management comments from CEO Anne Hand:
“Significant operational initiatives will make 2023 a founding year for Super League, including record revenues, the largest contract in the company's history, a strengthened balance sheet and streamlined operations with a leaner cost structure. This month's sale of the Mine Hut business and recent reorganization have resulted in further significant reductions in operating expenses and increased team alignment in line with increased demand from brands and advertisers. We've never been better positioned to be the go-to partner for bringing brands into this massive, immersive marketing channel where the next generation is living. We're a leader in immersive marketing and commerce. We don’t just aim to be, our 2023 track record serving over 100 top brands proves we’re getting there.”
The webinar can also be accessed by dialing 877-407-0779 or 201-389-0914 (International).A replay of the webinar is available on Super League Investor Relations Website You can also access here.
Questions about our fourth quarter and full year 2023 financial results, or shareholder letterPlease contact us SLE@mzgroup.us.
About Super League
Super League (Nasdaq: SLE) is a leading creator and publisher of content experiences and media solutions across the world's largest immersive platforms. From open gaming giants like Roblox, Minecraft, and Fortnite Creative to bespoke worlds built using cutting-edge 3D creation tools, Super League's innovative solutions bring immersive digital spaces to life. It provides unparalleled access to large audiences who come together to interact, play, explore, and collaborate. Shop, learn and create. As a true end-to-end activation partner for dozens of global brands, Super League is essentially a branded operating system for the 3D Web, a development designed to engage users through dynamic and energetic programs. , offering a complete range of distribution, monetization, and optimization. . Super League is recognized in the media industry's fastest-growing sectors as the originator of new experiences powered by a network of top developers, a comprehensive set of unique creator tools, and a team of forward-thinking creative professionals. Accelerate your wealth and audience success. For more information, please visit superleague.com.
Investor Information Contact:
Shannon Devine/Mark Schwallenberg
MZ North America
Representative: 203-741-8811
SLE@mzgroup.us
media contact
Gillian Sheldon
gillian.sheldon@superleague.com
Forward-looking statements
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995. Statements in this press release that are not strictly historical statements are “forward-looking” statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Act. Securities Exchange Act of 1934, as amended. These statements involve substantial risks, uncertainties and assumptions that could cause actual results to differ materially from those expressed or implied by such statements. Forward-looking statements in this communication include, among other things, Super League's growth strategy, its ability to realize the benefits of acquisitions, its contemplated or anticipated business strategies, new products, potential market opportunities and its ability to provide adequate labor. Contains a description of the ability to secure. capital. Risks and uncertainties include, among other things, our ability to implement plans, forecasts and other expectations regarding our business; the Company's ability to realize anticipated benefits resulting from events occurring during and after the year ended December 31, 2023; This includes, among other things, the possibility that the anticipated benefits from both acquisitions and major agreements made in 2023 will not be realized or become unrealized. not realized within the expected period. Unknown debts that may or may not be under our control. Acquire new customers and maintain and expand existing customer base. our ability to expand and update our platform to respond to customer needs and rapid technological change; increased competition in our markets and our ability to compete effectively; expanding our business and increasing international adoption of our platform; Additional risks and uncertainties that may affect our financial condition and results of operations are described in “Risk Factors” and “Management's Financial Condition and Results of Operations” in our Annual Report on Form 10-K for that year. section entitled “Discussion and Analysis.'' Ending December 31, 2023 and other filings we make from time to time with the Securities and Exchange Commission (the “SEC”), which, once filed, are available on the SEC's website at www.sec.gov . Additionally, the forward-looking statements contained in this communication are based on assumptions that the Company believes to be reasonable at this time. Except as required by law, we undertake no obligation to update these forward-looking statements or to update the reasons why actual results may differ materially from those anticipated in the forward-looking statements. not.
