Super League Announces Fourth Quarter and Full Year 2023 Financial Results
27 Março 2024 - 5:35PM
Super League (Nasdaq: SLE) (the “Company”), a leading creator and
publisher of content experiences and media solutions across the
world’s largest immersive platforms, has released its fourth
quarter and full year 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, Wednesday, March 27, 2024 at 5:00 PM Eastern
Time to further discuss the results.
Management Commentary by Chief Executive
Officer, Ann Hand:
“Significant operational initiatives led 2023 to
be a foundational year for Super League highlighted by record
revenues, including the largest contract in company history,
balance sheet fortification, and streamlined operations with a
leaner cost structure. The sale of our Minehut business this month
coupled with a recent reorganization enables another material
reduction in operating expense and better aligns our team for the
increasing demand we are seeing with brands and advertisers. We
have never been in a better position to be the go-to partner to
bring brands into these sizable, immersive marketing channels where
the next generation already lives. We don't just aspire to be a
leader in immersive marketing and commerce - our 2023 performance
in serving over 100 top brands proves we are doing it."
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
fourth quarter and full year 2023 financial results or shareholder
letter, please contact 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 powerhouses
such as Roblox, Minecraft and Fortnite Creative, to bespoke worlds
built using the most advanced 3D creation tools, Super League’s
innovative solutions provide incomparable access to massive
audiences who gather in immersive digital spaces to socialize,
play, explore, collaborate, shop, learn and create. As a true
end-to-end activation partner for dozens of global brands, Super
League is effectively a brand’s operating system for the 3D Web
offering a complete range of development, distribution,
monetization and optimization capabilities designed to engage users
through dynamic, energized programs. As an originator of new
experiences fueled by a network of top developers, a comprehensive
set of proprietary creator tools and a future-forward team of
creative professionals, Super League accelerates IP and audience
success within the fastest growing sector of the media industry.
For more, go to superleague.com.
Investor Relations
Contact:Shannon Devine/ Mark SchwalenbergMZ North
AmericaMain: 203-741-8811SLE@mzgroup.us
Media ContactGillian
Sheldongillian.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 are “forward-looking” statements within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the 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,
statements about Super League’s growth strategies, the ability to
actualize the benefits of our acquisitions, our possible or assumed
business strategies, new products, potential market opportunities
and our ability to secure adequate working capital. Risks and
uncertainties include, among other things, our ability to implement
our plans, forecasts and other expectations with respect to our
business; our ability to realize the anticipated benefits of events
that took place during and subsequent to the year ended December
31, 2023, including the possibility that the expected benefits,
particularly from both acquisitions made and major contracts earned
in 2023, will not be realized or will not be realized within the
expected time period; unknown liabilities that may or may not be
within our control; attracting new customers and maintaining and
expanding our existing customer base; our ability to scale and
update our platform to respond to customers’ needs and rapid
technological change; increased competition in our market and our
ability to compete effectively; and expansion of our operations and
increased adoption of our platform internationally. Additional
risks and uncertainties that could affect our financial condition
and operating results will be included in the section titled “Risk
Factors” and “Management’s Discussion and Analysis of Financial
Condition and Results of Operations” in our Annual Report on Form
10-K for the year ended December 31, 2023 and other filings that 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. In addition, any forward-looking statements
contained in this communication are based on assumptions that we
believe to be reasonable as of this date. Except as required by
law, we assume no obligation to update these forward-looking
statements, or to update the reasons if actual results differ
materially from those anticipated in the forward-looking
statements.
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