Super League Enterprise Inc. Common Stock (SLE)

FairStock Score: 33/100 — RISKY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

As a Buffett/Graham investor, I start with durable earning power, not a low price. Super League sells advertising and branded content tied to gaming audiences, but the filed numbers show a business without a durable moat. Revenue fell from $25.1M in fiscal 2023, the year ended 2023-12-31, to $16.2M in fiscal 2024, the year ended 2024-12-31, and then to $11.3M in fiscal 2025, the year ended 2025-12-31. Net losses were $30.3M, $16.6M, and $20.7M over those same years. In fiscal Q2 2026, the quarter ended 2026-06-30, revenue was $3.0M and net loss was $4.4M, a -145.9% margin. Trailing free cash flow was -$11.5M, a -139.0% FCF yield against an $8.3M market cap. FairStock shows ROE of -503.98%, ROCE of -64.67%, an Altman Z-score of -21.66, a Piotroski F-score of 3/9, and a FairStock Score of 33/100; the computed Lynch category is none because it has lost money each of the last four years. The P/B of 0.63 and Graham Number of $90.82 with a 94.63% margin of safety at the $4.88 close on 2026-10-13 look superficially cheap. But Graham would ask whether those assets can earn, and the filed statements show negative earnings. FairStock's listed P/E of 0.10 is not supported by the filed diluted EPS, which are losses. To me, this is a speculative cash-burning microcap, not a bargain with a margin of safety.

In plain English: Super League Enterprise sells advertising and interactive experiences that connect brands with gamers. It is losing money, sales have been shrinking, and it burns cash. The stock price may look low against some accounting measures, but the business itself does not look financially strong, so it looks speculative rather than clearly cheap.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer