Super League Announces Second Quarter Financial Results

Super League a global leader in building immersive entertainment experiences, has released its second quarter 2023 financial results in the form of a shareholder letter. A webinar hosted by Ann Hand, CEO of Super League, and Clayton Haynes, CFO of Super League, will be streamed here beginning today Monday, August 14, 2023 at 5:00 PM Eastern Time to further discuss the results.

Management Commentary by Chief Executive Officer, Ann Hand:

“We continued to deliver step-change top line growth setting another second quarter record. Our revenues saw a nice uptick from Q1, growing 52% sequentially to just over $5 million, with particularly strong traction delivering immersive brand experiences in our publishing and content studio sales, which increased 258%. Our strategy is working, and operating leverage is kicking in. We are winning a greater share of advertisers’ wallets, proven through larger deal sizes and high repeat percentages.

With new strategic partners like LandVault, the acquisition of Melon, a ground-breaking development studio, over 100 brands serviced in the last year, and last week’s launch of Hamilton Simulator, where we brought the biggest Broadway hit ever into the metaverse, our rocket ship to the immersive web has lifted off. Now it is about acceleration and scale as we march toward $100 million in revenues over the next few years. We will continue to act on all opportunities to further streamline our cost structure while expanding into higher margin products with the goal of near-term profitability to drive sustainable value for our shareholders.”

The webinar may also be accessed by dialing 877-407-0779 or 201-389-0914 (International). A replay of the webinar will be available on Super League’s investor relations website and can also be accessed here.

For any questions related to the Company’s second quarter 2023 financial results or shareholder letter, please contact SLGG@mzgroup.us.