The following is a summary of the Super League Enterprise, Inc. (SLE) Q1 2024 Earnings Call Transcript:

Financial Performance:

• Super League reported Q1 2024 revenue of $4.2 million, representing a 26% growth compared to the same quarter the previous year.

• Operating expenses were reduced by 22% compared to the same period in the previous year, leading to a savings of $1.5 million.

• The pro forma net loss improved by 26% compared to Q1 2023.

• The company made cost reductions, including infrastructure cuts and workforce adjustments and is targeting profitability by Q4.

Business Progress:

• Super League recently rebranded to reflect a new stage and vision and is focused on productization.

• The company concluded seven-figure deals with Visa and Toyota, increasing revenues and deal sizes.

• The company saw customer growth, both with retention and addition of new customers, with 48 new brands in the pipeline.

• The company sold Minecraft server community asset, Minehut, resulting in $2.4 million in annual operating expense reductions.

• Super League's partnership with Skechers to open a virtual store in Roblox garnered over 3 million visits and 45 million marketing impressions within the first five weeks.

• The sales team is expanding and has plans to grow from six to up to ten members by the year-end.

• The company showed promising signs through recurring revenues and strong business relationships, and is focused on accelerating their growth and operational efficiency.

• They are also exploring opportunities in data and analytics for potential future revenue streams.

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