- Super League made several acquisitions during 2021 and it’s positioning itself as a Metaverse company.
- Revenues more than quintupled in 2021 and reached $11.7 million.
- However, a significant part of the increase came from the newly acquired companies and the net loss increased to $20.7 million from $18.7 million a year earlier.
- Considering Super League had $14.5 million in cash and cash equivalents as of December, I think that significant stock dilution in the near future is likely.
For further details see:
Super League Joins The Metaverse But Profitability Issues Remain