Reading SLE? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track SLE free→Reading SLE? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
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NASDAQCommunication ServicesInternet Content & InformationSnapshot 2026-06-16
Recent financial performance sits well below its industry cohort — worth keeping an eye on, though it has not freshly broken.
Recent financial performance is weak. Earnings quality cannot be assessed since the company was unprofitable over the past year. Management's recent track record has been unsteady, with frequent changes. Risk is high, and the sector backdrop is a headwind. Compared with sector peers, SLE is typical. Peer multiples imply a price about 81% above where it trades (it looks cheap on this basis); the read is cheap, value-trap risk. This pattern trades below peer multiples, but recent financials are weak. The read is provisional.
Daily closes. Earnings/event dots are placed inline.
A consensus fair price across 2 valuation methods, at three horizons. Current price $3.11. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
No-growth: today's peer multiple on trailing earnings. The headline read.
Embeds projected growth. Leans optimistic by design. Upside context.
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
At $3.11 SLE trades at 1× p/s, below its 1× p/s peer median. Our $16 fair value sits above the price; low confidence. Not investment advice.
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
The price implies about 81% below a flat-multiple fair value, below our forecast of about -4%. This describes what's priced in, not a forecast of the move.
TTM earnings are negative, so the read leans on sales- and cash-flow-based methods rather than P/E. This is a data condition, not a forward call.
No fragility gates fired. Regime (Mania) does not concentrate fragility.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 0 of the last 3 quarter-over-quarter moves. Historically, Communication Services names rated weak grew net income 59% of the time over the next year (vs 53% for the rest of the cohort, n=701).
Over the trailing year it converted 0.54x of net income into operating cash flow.
Not enough signal yet.
Not enough signal to read sensitivity to the US dollar, the broad stock market, Fed net liquidity, long-term interest rates, real (inflation-adjusted) rates.
30 material management or governance events in the past 24 months, led by M&A activity. Historically, Communication Services names rated volatile grew net income 60% of the time over the next year (vs 59% for the rest of the cohort, n=200).
The next print and the backdrop around it (sector regime and the AI cycle). Context for the path, not a forecast of returns.
via XLC
Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive. Historically, headwind regimes have averaged stronger forward returns than tailwind.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
A guidance track record builds as the company issues and delivers on guidance.
What a normal day, a bad day, and the worst of the last year would mean for a $10,000 position.
On a typical day, $10k can swing ±$305.
How much price usually moves either way.
On a bad day, this stock has moved -$1,386.
A rough but not unusual down day (about the 95th percentile).
In the worst 12 months, $10k could have lost $9,695.
Deepest peak-to-trough drop in the last year.
Past results, not a forecast. Not investment advice.
The most important moves since the prior daily snapshot.
No material changes since the prior snapshot.
as of 2026-06-16
Specific, dated things to watch for, each with what would confirm it and what would prove it wrong.
No named catalysts to watch right now. Check back after the next earnings report.
Recent news graded against this company's own objectives — whether it reinforces or challenges the thesis, and how confirmed it is.
No graded news catalysts for SLE yet.
Conditional scenarios: if X happens, the view would shift in this direction. These are not predictions.
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
Entry Into a Material Definitive Agreement On June 3, 2026, Super League Enterprise, Inc. (the “ Company ”) entered into a Redemption Agreement (the “ Agreement ”) with the sole holder (the “ Holder ”) of the Company’s Series C Senior Convertible Preferred Stock, par value $0.001 per share (“ Preferred Stock ”), pursuant to which the Company agreed to pay Holder a one-time cash payment of $922,400 (the “ Agreement Consideration ”) in exchange for the Holder agreeing to (i) the Company’s redem…
Whether the overall read has been drifting up or down lately, and how it's changed since last week.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Long-thesis check; widest uncertainty.
TTM earnings are negative. P/E-based methods drop out and the estimate leans on sales- and cash-flow-based methods. A data condition, not a forward call.
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
Looks cheaper than most peers in the same business.
Self-history needs ~20 months of data.
A side-by-side read on sector standing, valuation, and risk versus peers.
| Stock | Sector standing | Valuation | Risk |
|---|---|---|---|
SLE SUPER LEAGUE ENTERPRISE INC | Typical Show detailsSector percentile: 31 of 100 | inexpensive | high |
Not investment advice. As of 2026-06-16.
Context label only: describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.
Not investment advice. As of 2026-06-16.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Management aims to reach cash-based EBITDA profitability by the end of the fiscal year.
Stated in 2 of last 2 quarters. Despite the goal of achieving cash-based EBITDA profitability by year end, the company reported a net income loss of $4.05M in 2026-Q1, showing limited progress towards profitability.
“We believe the transaction strengthens the predictability and scalability of our revenue model while supporting our path to cash-based EBITDA profitability by yearend.”
“We believe that cash basis EBITDA profitability is within reach by year end.”
The company continues to prioritize mergers and acquisitions to drive growth.
Stated in 3 of last 3 quarters. The company has been active in M&A, including the acquisition of Misfits Ads Division. However, revenue decreased from $3.2M in 2025-Q4 to $3.0M in 2026-Q1, indicating limited immediate impact on growth.
“Entry into a Material Definitive Agreement with Misfits for asset purchase.”
Management aims to improve cash flow from operations to strengthen financial stability.
Stated in 2 of last 2 quarters. Cash from operations was -$2.52M in 2026-Q1, showing a negative cash flow trend. Despite the stated priority, there is limited progress in enhancing cash flow from operations.
Focus on reducing operating losses to improve financial health.
Termination of a Material Definitive Agreement As previously disclosed in Item 1.01, on June 8, 2026, the Company paid Holder the Agreement Consideration, at which time the Purchase Agreement was terminated pursuant to the terms of the Agreement. No early termination penalties were incurred by the Company in connection with the termination of the Purchase Agreement. For more information on the Purchase Agreement, see the Company’s Current Report on Form 8-K filed with the Securities and Excha…
Material Modifications to Rights of Security Holders. The information set forth in
Results of Operations and Financial Condition . On May 15, 2026, Super League Enterprise, Inc. (the “Company”) issued a press release and hosted an earnings call to announce the Company’s financial results for the quarter ended March 31, 2026. A copy of the press release and the earnings call transcript are attached hereto as Exhibit 99.1 and 99.2, respectively.
Material Modifications to Rights of Security Holders. The information set forth in
“Acquisition of the Misfits Ads Division announced.”
“Focus on M&A activities to drive growth.”
“Enhance cash flow from operations to improve financial stability.”
“Enhance cash flow from operations.”