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SLGG - Super League Gaming: Revenue Growth Comes At A Terrible Price
April, 21 2021 05:12 PM
Super League Gaming Inc.
In 2020, revenues rose by 90% while the number of registered users tripled to 2.9 million. However, the company’s selling, marketing, and advertising expenses alone are growing much faster than its gross profit in absolute terms. Super League Gaming also seems unconcerned about stock dilution and carried out three equity offerings in Q1 2021. Overall, I think the company’s business model isn’t feasible and that the business isn't worth much in its current state. For further details see:
Super League Gaming: Revenue Growth Comes At A Terrible Price
Stock Information
Company Name:
Super League Gaming Inc.
Stock Symbol:
SLGG
Market:
NYSE
Website:
superleague.com
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