Super League Q3 net loss narrows 27% YoY; signs deal with Infinite Reality

Super League Enterprise, Inc.

2025-Q3 EPS reported -$80.10 vs consensus -$33.88 ▼ miss (-136.5%)

Q3 revenue roughly flat; proforma operating expenses down 30% YoY and net loss down 27% YoY.
Binding agreement with Infinite Reality to merge audience assets; expected close Jan 1, 2025.
Infinite Reality to invest in Super League; Super League gets perpetual Drone Racing League license.
Super League to assume ownership of Thunder Studios, TalentX, and Fearless Media.
Blue-chip brand activations in Q3: IOC, Visa, Maybelline, Google, Universal Pictures.

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