vs

Side-by-side financial comparison of Mawson Infrastructure Group Inc. (MIGI) and Super League Enterprise, Inc. (SLE). Click either name above to swap in a different company.

Mawson Infrastructure Group Inc. is the larger business by last-quarter revenue ($3.2M vs $3.2M, roughly 1.0× Super League Enterprise, Inc.). On growth, Super League Enterprise, Inc. posted the faster year-over-year revenue change (-6.6% vs -78.5%). Over the past eight quarters, Super League Enterprise, Inc.'s revenue compounded faster (-12.8% CAGR vs -58.5%).

Mawson Infrastructure Group Inc. is a global digital infrastructure provider that operates sustainable, energy-efficient data centers and specialized hosting solutions for blockchain and digital asset operations. Its core segments include cryptocurrency mining, colocation services, and low-carbon infrastructure development, with primary operational footprints across North America and Australia.

Super League Enterprise, Inc. is a global gaming and esports entertainment firm that creates interactive live events, original content, and community experiences for casual and core gaming audiences. It runs competitive gaming leagues, brand partnership activations, and digital media platforms, serving North America, Europe, and key Asia-Pacific markets.

MIGI vs SLE — Head-to-Head

Bigger by revenue
MIGI
MIGI
1.0× larger
MIGI
$3.2M
$3.2M
SLE
Growing faster (revenue YoY)
SLE
SLE
+72.0% gap
SLE
-6.6%
-78.5%
MIGI
Faster 2-yr revenue CAGR
SLE
SLE
Annualised
SLE
-12.8%
-58.5%
MIGI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MIGI
MIGI
SLE
SLE
Revenue
$3.2M
$3.2M
Net Profit
$-10.1M
Gross Margin
31.5%
Operating Margin
-100.8%
Net Margin
-316.9%
Revenue YoY
-78.5%
-6.6%
Net Profit YoY
-246.2%
-91.8%
EPS (diluted)

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
MIGI
MIGI
SLE
SLE
Q4 25
$3.2M
$3.2M
Q3 25
$13.2M
$2.4M
Q2 25
$9.5M
$3.0M
Q1 25
$13.8M
$2.7M
Q4 24
$15.1M
$3.4M
Q3 24
$12.3M
$4.4M
Q2 24
$13.1M
$4.1M
Q1 24
$18.8M
$4.2M
Net Profit
MIGI
MIGI
SLE
SLE
Q4 25
$-10.1M
Q3 25
$327.7K
$-3.6M
Q2 25
$-8.0M
$-2.8M
Q1 25
$-310.9K
$-4.2M
Q4 24
$-4.5M
$-5.3M
Q3 24
$-12.2M
$-3.6M
Q2 24
$-9.6M
$-2.5M
Q1 24
$-19.8M
$-5.3M
Gross Margin
MIGI
MIGI
SLE
SLE
Q4 25
31.5%
Q3 25
65.0%
44.6%
Q2 25
41.3%
43.6%
Q1 25
42.9%
44.0%
Q4 24
30.9%
29.2%
Q3 24
35.1%
38.9%
Q2 24
32.9%
40.0%
Q1 24
37.2%
41.1%
Operating Margin
MIGI
MIGI
SLE
SLE
Q4 25
-100.8%
Q3 25
12.0%
-125.9%
Q2 25
-68.9%
-104.8%
Q1 25
4.2%
-133.6%
Q4 24
-35.2%
-134.4%
Q3 24
-92.6%
-77.9%
Q2 24
-51.5%
-99.4%
Q1 24
-41.0%
-109.4%
Net Margin
MIGI
MIGI
SLE
SLE
Q4 25
-316.9%
Q3 25
2.5%
-147.0%
Q2 25
-84.1%
-92.7%
Q1 25
-2.3%
-155.6%
Q4 24
-30.0%
-154.3%
Q3 24
-99.3%
-82.0%
Q2 24
-73.4%
-59.6%
Q1 24
-105.3%
-125.0%
EPS (diluted)
MIGI
MIGI
SLE
SLE
Q4 25
Q3 25
$0.01
$-2.65
Q2 25
$-0.40
Q1 25
$-0.02
Q4 24
$-49.35
Q3 24
$-0.66
$-21.47
Q2 24
$-0.55
Q1 24
$-1.19

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
MIGI
MIGI
SLE
SLE
Cash + ST InvestmentsLiquidity on hand
$13.3M
$14.4M
Total DebtLower is stronger
$25.2M
Stockholders' EquityBook value
$-3.1M
$17.5M
Total Assets
$57.4M
$21.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MIGI
MIGI
SLE
SLE
Q4 25
$13.3M
$14.4M
Q3 25
$2.3M
$1.1M
Q2 25
$3.2M
$475.0K
Q1 25
$5.5M
$747.0K
Q4 24
$6.1M
$1.3M
Q3 24
$5.8M
$289.0K
Q2 24
$6.8M
$1.7M
Q1 24
$6.4M
$3.3M
Total Debt
MIGI
MIGI
SLE
SLE
Q4 25
$25.2M
Q3 25
Q2 25
Q1 25
Q4 24
$20.9M
Q3 24
Q2 24
$393.2K
Q1 24
$41.5K
Stockholders' Equity
MIGI
MIGI
SLE
SLE
Q4 25
$-3.1M
$17.5M
Q3 25
$-9.4M
$-2.0M
Q2 25
$-8.3M
$-4.1M
Q1 25
$-1.4M
$-3.5M
Q4 24
$-3.2M
$170.0K
Q3 24
$-1.6M
$3.5M
Q2 24
$4.4M
$5.1M
Q1 24
$13.0M
$6.0M
Total Assets
MIGI
MIGI
SLE
SLE
Q4 25
$57.4M
$21.9M
Q3 25
$52.0M
$8.7M
Q2 25
$52.7M
$8.5M
Q1 25
$57.9M
$9.8M
Q4 24
$61.4M
$11.7M
Q3 24
$60.8M
$12.6M
Q2 24
$65.6M
$15.4M
Q1 24
$67.7M
$18.6M
Debt / Equity
MIGI
MIGI
SLE
SLE
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
0.09×
Q1 24
0.00×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
MIGI
MIGI
SLE
SLE
Operating Cash FlowLast quarter
$-6.9M
$-3.9M
Free Cash FlowOCF − Capex
$-7.0M
FCF MarginFCF / Revenue
-218.1%
Capex IntensityCapex / Revenue
4.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-10.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MIGI
MIGI
SLE
SLE
Q4 25
$-6.9M
$-3.9M
Q3 25
$-844.5K
$-2.8M
Q2 25
$-2.1M
$-1.8M
Q1 25
$-510.4K
$-2.2M
Q4 24
$3.6M
$-3.3M
Q3 24
$-1.2M
$-2.1M
Q2 24
$2.5M
$-2.3M
Q1 24
$1.9M
$-3.7M
Free Cash Flow
MIGI
MIGI
SLE
SLE
Q4 25
$-7.0M
Q3 25
$-859.7K
Q2 25
$-2.1M
Q1 25
$-516.9K
Q4 24
$1.6M
Q3 24
$-1.3M
$-2.1M
Q2 24
$592.4K
Q1 24
$1.9M
FCF Margin
MIGI
MIGI
SLE
SLE
Q4 25
-218.1%
Q3 25
-6.5%
Q2 25
-22.3%
Q1 25
-3.7%
Q4 24
10.7%
Q3 24
-10.4%
-48.1%
Q2 24
4.5%
Q1 24
9.9%
Capex Intensity
MIGI
MIGI
SLE
SLE
Q4 25
4.6%
Q3 25
0.1%
Q2 25
0.5%
Q1 25
0.0%
Q4 24
13.0%
0.0%
Q3 24
0.3%
0.5%
Q2 24
14.3%
0.0%
Q1 24
0.1%
0.0%
Cash Conversion
MIGI
MIGI
SLE
SLE
Q4 25
Q3 25
-2.58×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

MIGI
MIGI

Segment breakdown not available.

SLE
SLE

Advertising And Sponsorships$1.8M57%
Publishing And Content Studio$1.4M43%

Related Comparisons