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Sharplink, Inc.(SBET)Earnings, Financials & Key Ratios
SBET•NASDAQ
Price updated Jun 19, 2026
SectorConsumer CyclicalIndustryCasinos & GamingSub-IndustryGaming Affiliate and Performance Marketing
AboutSharpLink Gaming Ltd. operates as an online technology company that connects sports fans, leagues, and sports websites to sports betting and iGaming content. It operates through Affiliate Marketing Services United States, Sports Gaming Client Services, Enterprise Telecom Expense Management, and Affiliate Marketing Services International segments. The company collects information on potential U.S. domiciled sports bettors, connects them with contextual sports betting content, and converts them to paying sports betting customers, as well as offers sports betting data to sports media publishers. It also provides development, hosting, operations, maintenance, and service of free-to-play games and contests; and solutions for telecommunications expense management, enterprise mobility management, call usage, and accounting software, as well as iGaming and affiliate marketing network, which focuses on delivering quality traffic and player acquisitions, and retention and conversions to global iGaming operator partner worldwide. The company was founded in 2019 and is headquartered in Minneapolis, Minnesota.Show more
- Revenue$28M+666.0%
- EBITDA-$33M-589.1%
- Net Income-$735M-7373.4%
- EPS (Diluted)-7.37+53.7%
- Gross Margin93.22%+276.7%
- EBITDA Margin-116.7%+10.0%
- Operating Margin-116.73%+10.2%
- Net Margin-2618.38%-1049.5%
- ROE-60.68%-112.5%
SBET Key Insights
Sharplink, Inc. (SBET) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Excellent 3Y average ROE of 212.1%
- ✓Strong 5Y sales CAGR of 65.2%
- ✓Trading at only 0.2x book value
✗Weaknesses
- ✗Profits declining 264.7% over 5 years
- ✗Weak Piotroski F-Score: 2/9
- ✗Negative free cash flow
- ✗Weak momentum: RS Rating 8 (bottom 8%)
- ✗Low quality earnings: Net income not backed by cash flow
- ✗Shares diluted 100.0% in last year
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
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SBET Price & Volume
Sharplink, Inc. (SBET) stock price & volume — 10-year historical chart
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SBET Growth Metrics
Sharplink, Inc. (SBET) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years6.67%
5 Years65.22%
3 Years100.32%
TTM1048.48%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-43896.68%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-16.94%
Return on Capital
10 Years-109.77%
5 Years-198.8%
3 Years-158.65%
Last Year-2.71%
SBET Recent Earnings
Sharplink, Inc. (SBET) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 2/12 qtrs (67%)●Beat Revenue 0/12 qtrs (0%)
Q2 2026Latest
May 8, 2026Metric
Actual
Est
EPS
$0.06+200.0%
$0.02
Rev
$12M-17.4%
$15M
Q2 2026
Mar 9, 2026Metric
Actual
Est
EPS
$3.55-2188.2%
$0.17
Rev
$15M-12.5%
$17M
Q4 2025
Nov 12, 2025Metric
Actual
Est
EPS
$0.02+75.0%
$0.08
Rev
$11M-36.9%
$17M
Q3 2025
Aug 14, 2025Metric
Actual
Est
EPS
$0.64
—
Rev
$697,291
—
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 8, 2026 | $0.06vs $0.02+200.0% | $12Mvs $15M-17.4% |
| Q2 2026 | Mar 9, 2026 | $3.55vs $0.17-2188.2% | $15Mvs $17M-12.5% |
| Q4 2025 | Nov 12, 2025 | $0.02vs $0.08+75.0% | $11Mvs $17M-36.9% |
| Q3 2025 | Aug 14, 2025 | $0.64 | $697,291 |
Based on last 12 quarters of dataView full earnings history →
SBET Peer Comparison
Sharplink, Inc. (SBET) competitors in Gaming Affiliate and Performance Marketing — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 GENI | 1.57B | 6.10 | -13.86 | 31.04% | -22.27% | -22.2% | 0.04 | |
 RILY | 334.18M | 9.00 | 0.92 | -11.45% | 35.63% | |||
 DKNG | 13.08B | 26.39 | -3258.02 | 26.99% | 0.93% | 7.88% | 3.06 | |
 PENN | 2.84B | 21.30 | -3.65 | 5.82% | -12.11% | -34.66% | 4.58 | |
 RSI | 3.11B | 29.09 | 207.79 | 22.76% | 2.98% | 12.91% | 0.06 | |
 MGM | 11.98B | 46.84 | 61.63 | 1.72% | 1.03% | 5.3% | 17.14 | |
 CZR | 5.95B | 29.22 | -12.07 | 2.14% | -4.19% | -12.62% | 7.15 | |
 FLUT | 17.72B | 101.83 | -58.86 | 16.62% | -2.68% | -4.36% | 1.38 |
Compare SBET vs Peers
Sharplink, Inc. (SBET) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
SBET Income Statement
Sharplink, Inc. (SBET) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Sales/Revenue | 6.77M | 5.86M | 2.38M | 2.28M | 2.64M | 3.49M | 4.95M | 3.66M | 28.05M | 39.37M |
Revenue Growth % | -51.8% | -13.47% | -59.36% | -4.32% | 15.66% | 32.41% | 41.91% | -26.05% | 666.04% | 1048.48% |
Cost of Goods Sold | 2.06M | 2.15M | 2.02M | 1.86M | 2.94M | 2.17M | 3.42M | 2.76M | 1.9M | 1.72M |
COGS % of Revenue | 30.39% | 36.67% | 84.82% | 81.41% | 111.36% | 62.29% | 69.05% | 75.25% | 6.78% | - |
Gross Profit | 4.71M▲ 0% | 3.71M▼ 21.3% | 361.51K▼ 90.3% | 423.72K▲ 17.2% | -299.36K▼ 170.7% | 1.32M▲ 539.6% | 1.53M▲ 16.5% | 906.27K▼ 40.9% | 26.15M▲ 2785.8% | 37.65M▲ 0% |
Gross Margin % | 69.61% | 63.33% | 15.18% | 18.59% | -11.36% | 37.71% | 30.95% | 24.75% | 93.22% | 95.62% |
Gross Profit Growth % | -33.95% | -21.27% | -90.26% | 17.21% | -170.65% | 539.64% | 16.45% | -40.87% | 2785.78% | - |
Operating Expenses | 5.14M | 4.54M | 743.27K | 1.63M | 33.2M | 15.6M | 10.43M | 5.67M | 58.9M | 45.91M |
OpEx % of Revenue | 75.89% | 77.38% | 31.21% | 71.55% | 1259.42% | 446.97% | 210.51% | 154.8% | 209.95% | - |
Selling, General & Admin | 4.84M | 3.71M | 743.27K | 1.63M | 9.89M | 10.87M | 0 | 0 | 58.9M | 67.72M |
SG&A % of Revenue | 71.43% | 63.3% | 31.21% | 71.55% | 375.38% | 311.55% | - | - | 209.95% | - |
Research & Development | 2.15M | 825K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
R&D % of Revenue | 31.67% | 14.08% | - | - | - | - | - | - | - | - |
Other Operating Expenses | -1.84M | 0 | 0 | 0 | 23.3M | 4.73M | 10.43M | 5.67M | 0 | 0 |
Operating Income | -425K▲ 0% | -823K▼ 93.6% | -381.76K▲ 53.6% | -1.21M▼ 216.1% | -33.49M▼ 2675.7% | -14.28M▲ 57.4% | -8.89M▲ 37.7% | -4.76M▲ 46.4% | -32.75M▼ 587.6% | -8.27M▲ 0% |
Operating Margin % | -6.27% | -14.04% | -16.03% | -52.95% | -1270.78% | -409.26% | -179.56% | -130.05% | -116.73% | -21% |
Operating Income Growth % | 70.47% | -93.65% | 53.61% | -216.08% | -2675.74% | 57.36% | 37.73% | 46.44% | -587.57% | - |
EBITDA | -327K | -741K | -283.91K | -1.07M | -33.29M | -13.37M | -8.66M | -4.75M | -32.74M | -8.26M |
EBITDA Margin % | -4.83% | -12.64% | -11.92% | -47.12% | -1262.96% | -383.12% | -174.79% | -129.72% | -116.7% | -20.98% |
EBITDA Growth % | 1.8% | -126.61% | 61.69% | -278.18% | -3000.45% | 59.83% | 35.25% | 45.12% | -589.14% | -106.83% |
D&A (Non-Cash Add-back) | 98K | 82K | 97.86K | 133.03K | 206.25K | 912.25K | 236.41K | 12.1K | 9K | 7.89K |
EBIT | -327K | -840K | -365.99K | -1.14M | -33.47M | -14M | -6.43M | -4.76M | -733.47M | -730.81M |
Net Interest Income | 0 | 0 | -4.26K | 22.09K | 29.05K | -75.76K | -1.1M | -264.23K | 447K | 638.07K |
Interest Income | 0 | 0 | 15.78K | 23.47K | 29.05K | 33.4K | 53.49K | 60.29K | 447K | 638.07K |
Interest Expense | 0 | 0 | 20.04K | 1.38K | 0 | 109.17K | 1.15M | 324.52K | 0 | 0 |
Other Income/Expense | 14K | -17K | -4.26K | 68.59K | 29.05K | 174.24K | -2.34M | 289.1K | -700.72M | -1.41B |
Pretax Income | -411K▲ 0% | -840K▼ 104.4% | -386.02K▲ 54.0% | -1.14M▼ 194.8% | -33.47M▼ 2840.5% | -14.11M▲ 57.8% | -11.23M▲ 20.4% | -4.47M▲ 60.2% | -733.47M▼ 16294.5% | -1.42B▲ 0% |
Pretax Margin % | -6.07% | -14.33% | -16.21% | -49.94% | -1269.68% | -404.26% | -226.8% | -122.16% | -2614.4% | -3598.9% |
Income Tax | -9K | 46K | -79.87K | 970 | 4.17K | -12.96K | 15.71K | -232 | 1.05M | 2.23M |
Effective Tax Rate % | 2.19% | -5.48% | 20.69% | -0.09% | -0.01% | 0.09% | -0.14% | 0.01% | -0.14% | -0.16% |
Net Income | -1.72M▲ 0% | -886K▲ 48.3% | -306.15K▲ 65.4% | -1.14M▼ 272.1% | -55.64M▼ 4785.0% | -15.23M▲ 72.6% | -14.24M▲ 6.5% | 10.1M▲ 170.9% | -734.59M▼ 7373.4% | -1.42B▲ 0% |
Net Margin % | -25.32% | -15.12% | -12.85% | -49.99% | -2111.13% | -436.49% | -287.58% | 275.77% | -2618.38% | -3604.59% |
Net Income Growth % | 66.98% | 48.34% | 65.45% | -272.06% | -4785.04% | 72.62% | 6.5% | 170.91% | -7373.41% | -43896.68% |
Net Income (Continuing) | -402K | -886K | -306.15K | -1.14M | -33.47M | -14.1M | -11.25M | -4.47M | -734.52M | -1.42B |
Discontinued Operations | 0 | 0 | 0 | 0 | -22.17M | -1.14M | -2.99M | 14.57M | -71K | -12.83K |
Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
EPS (Diluted) | -141.85▲ 0% | -99.21▲ 30.1% | -6.46▲ 93.5% | -25.82▼ 299.7% | -473.48▼ 1733.8% | -735.17▼ 55.3% | -49.11▲ 93.3% | -15.93▲ 67.6% | -7.37▲ 53.7% | -6.73▲ 0% |
EPS Growth % | 68.11% | 30.06% | 93.49% | -299.69% | -1733.77% | -55.27% | 93.32% | 67.56% | 53.74% | -16.94% |
EPS (Basic) | -141.85 | -99.21 | -6.46 | -25.82 | -473.48 | -735.17 | -49.11 | -15.93 | -7.37 | - |
Diluted Shares Outstanding | 12.46K | 14.31K | 20.89K | 44.77K | 119.17K | 20.73K | 230.08K | 286.94K | 99.72M | 210.87M |
Basic Shares Outstanding | 12.46K | 14.31K | 20.89K | 44.77K | 119.17K | 20.73K | 230.08K | 286.94K | 99.72M | 210.87M |
Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - |
SBET Balance Sheet
Sharplink, Inc. (SBET) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Total Current Assets | 4.16M | 3.42M | 4.1M | 3.22M | 9.49M | 53.91M | 71.1M | 2.55M | 31.15M | 18.02M |
Cash & Short-Term Investments | 2.22M | 2.53M | 3.2M | 2.59M | 6.07M | 1.38M | 2.49M | 1.44M | 30.42M | 16.88M |
Cash Only | 2.22M | 2.53M | 3.2M | 2.59M | 6.07M | 1.38M | 2.49M | 1.44M | 28.54M | 16.88M |
Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.88M | 0 |
Accounts Receivable | 595K | 665K | 526K | 631.25K | 1.1M | 452.87K | 427.12K | 264.83K | 221K | 461K |
Days Sales Outstanding | 32.06 | 41.41 | 80.61 | 101.11 | 152.95 | 47.36 | 31.48 | 26.39 | 2.88 | 10.16 |
Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - |
Other Current Assets | 1.32M | 200K | 206K | -371.35K | 1.85M | 52.08M | 67.81M | 542.91K | 511K | 689K |
Total Non-Current Assets | 4.48M | 4.1M | 3.94M | 1.2M | 11.07M | 11.13M | 176.9K | 16.52K | 2.4B | 1.73B |
Property, Plant & Equipment | 107K | 60K | 62K | 210.28K | 220.63K | 21.88K | 8.79K | 3.36K | 10K | 0 |
Fixed Asset Turnover | 63.30x | 97.68x | 38.42x | 10.84x | 11.95x | 159.50x | 563.32x | 1090.31x | 2805.50x | 7225.74x |
Goodwill | 3.48M | 3.48M | 3.23M | 381K | 3.51M | 1.62M | 0 | 0 | 0 | 0 |
Intangible Assets | 42K | 21K | 0 | 608.6K | 5.55M | 838.46K | 168.11K | 13.16K | 8K | 1.73B |
Long-Term Investments | -6.9M | 0 | 0 | 0 | 200K | 200K | 0 | 0 | 0 | 4.76B |
Other Non-Current Assets | 856K | 541K | 653K | -171K | 1.59M | 8.46M | 0 | 0 | 2.4B | -1.73B |
Total Assets | 8.65M▲ 0% | 7.52M▼ 13.0% | 8.04M▲ 6.9% | 4.42M▼ 45.0% | 20.56M▲ 365.1% | 65.05M▲ 216.4% | 71.28M▲ 9.6% | 2.57M▼ 96.4% | 2.43B▲ 94478.2% | 1.74B▲ 0% |
Asset Turnover | 0.78x | 0.78x | 0.30x | 0.52x | 0.13x | 0.05x | 0.07x | 1.42x | 0.01x | 0.02x |
Asset Growth % | -29.64% | -12.99% | 6.91% | -45.03% | 365.05% | 216.37% | 9.59% | -96.39% | 94478.22% | 274442.14% |
Total Current Liabilities | 5.71M | 4.22M | 3.94M | 1.54M | 5.86M | 58.91M | 79.25M | 488.3K | 12.75M | 5.44M |
Accounts Payable | 308K | 164K | 149K | 0 | 813.62K | 689.16K | 834.06K | 281.39K | 12.75M | 5.44M |
Days Payables Outstanding | 54.63 | 27.85 | 26.92 | - | 101.18 | 115.71 | 89.01 | 37.27 | 2.45K | 1.28K |
Short-Term Debt | 0 | 0 | 0 | 27.57K | 0 | 620.17K | 11.39M | 0 | 0 | 0 |
Deferred Revenue (Current) | 1.74M | 1.05M | 962K | 406.51K | 308.06K | 44.34M | 0 | 0 | 0 | 0 |
Other Current Liabilities | 3.54M | 2.57M | 2.38M | 705.41K | 3.45M | 12.46M | 66.4M | 10.02K | 1K | 0 |
Current Ratio | 0.73x | 0.81x | 1.04x | 2.10x | 1.62x | 0.92x | 0.90x | 5.23x | 2.44x | 3.32x |
Quick Ratio | 0.73x | 0.81x | 1.04x | 2.10x | 1.62x | 0.92x | 0.90x | 5.23x | 2.44x | 3.32x |
Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | -1.27K |
Total Non-Current Liabilities | 1.22M | 903K | 994K | 169.91K | 507.81K | 3.15M | 1.43M | 0 | 0 | 0 |
Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 2.06M | 1.42M | 0 | 0 | 0 |
Capital Lease Obligations | 0 | 0 | 0 | 165.52K | 136.26K | 210.04K | 0 | 0 | 0 | 0 |
Deferred Tax Liabilities | 146K | 181K | 163K | 4.39K | 5.58K | 6.21K | 0 | 0 | 0 | 0 |
Other Non-Current Liabilities | 1.07M | 722K | 831K | 0 | 365.98K | 868.46K | 7.16K | 0 | 0 | 0 |
Total Liabilities | 6.93M | 5.12M | 4.94M | 1.71M | 6.37M | 62.06M | 80.68M | 488.3K | 12.75M | 5.44M |
Total Debt | 0 | 0 | 0 | 193.09K | 165.52K | 2.92M | 12.81M | 0 | 0 | 0 |
Net Debt | -2.22M | -2.53M | -3.2M | -2.39M | -5.9M | 1.54M | 10.32M | -1.44M | -28.54M | -16.88M |
Debt / Equity | - | - | - | 0.07x | 0.01x | 0.98x | - | - | - | 0.00x |
Debt / EBITDA | - | - | - | - | - | - | - | - | - | -0.00x |
Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | 2.04x |
Interest Coverage | - | - | -18.27x | -826.71x | - | -128.24x | -5.59x | -14.68x | - | - |
Total Equity | 1.71M▲ 0% | 2.4M▲ 40.4% | 3.1M▲ 29.2% | 2.71M▼ 12.6% | 14.19M▲ 422.8% | 2.99M▼ 79.0% | -9.4M▼ 414.7% | 2.08M▲ 122.2% | 2.42B▲ 116038.7% | 1.74B▲ 0% |
Equity Growth % | -7.96% | 40.36% | 29.21% | -12.57% | 422.79% | -78.96% | -414.74% | 122.16% | 116038.7% | 367420.72% |
Book Value per Share | 137.36 | 167.89 | 148.64 | 60.63 | 119.09 | 144.05 | -40.85 | 7.26 | 24.26 | 8.25 |
Total Shareholders' Equity | 1.71M | 2.4M | 3.1M | 2.71M | 14.19M | 2.99M | -9.4M | 2.08M | 2.42B | 1.74B |
Common Stock | 25K | 27K | 30K | 215.01K | 447.35K | 537.73K | 572.77K | 461 | 20K | 20K |
Retained Earnings | -26.47M | -27.41M | -27.55M | -2.69M | -58.33M | -73.57M | -87.86M | -77.81M | -812.4M | -1.5B |
Treasury Stock | -29K | -29K | -29K | 0 | -29K | -29K | -29K | -29K | -31.72M | -31.72M |
Accumulated OCI | -1.21M | -1.21M | 0 | -5.27K | 0 | 0 | 0 | 0 | 0 | 0 |
Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
SBET Cash Flow Statement
Sharplink, Inc. (SBET) cash flow — operating, investing & free cash flow history
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | 149K | -1.22M | 74.82K | -769.1K | -6.07M | -5.94M | 582.89K | -22.81M | -17.48M | -28.7M |
Operating CF Margin % | 2.2% | -20.8% | 3.14% | -33.75% | -230.34% | -170.13% | 11.77% | -622.95% | -62.31% | - |
Operating CF Growth % | 132.89% | -918.12% | 106.14% | -1127.91% | -689.39% | 2.2% | 109.82% | -4014.05% | 23.38% | -3483.27% |
Net Income | -402K | -1.17M | -306.15K | -1.14M | -55.64M | -14.1M | -11.25M | -4.47M | -734.59M | -1.42B |
Depreciation & Amortization | 98K | 82K | 97.86K | 133.03K | 270.14K | 912.25K | 107.41K | 12.1K | 9K | 7.89K |
Stock-Based Compensation | 1K | 90K | 0 | 67.07K | 1.66M | 0 | 261.37K | 148.52K | 13.66M | 42.87M |
Deferred Taxes | -20K | 35K | -79.87K | 970 | 1.17K | 81.32K | -6.21K | -7.16K | 0 | 0 |
Other Non-Cash Items | -5K | 341K | 0 | -46.5K | 47.03M | 7.39M | 10.11M | -17.14M | 696.06M | 1.34B |
Working Capital Changes | 477K | -597K | 362.99K | 215.4K | 619.85K | -224.31K | 1.36M | -1.35M | 7.38M | 4.21M |
Change in Receivables | 42K | -67K | -23.68K | 478.16K | 42.95K | 68.32K | 25.75K | -110.83K | 161K | -107.11K |
Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Change in Payables | -77K | -144K | 0 | 0 | 0 | 37.82K | 0 | 0 | 7.23M | 4.66M |
Cash from Investing | 88K | -15K | -193K | -298.3K | -4.41M | 48.3M | -1.03M | -18.71M | -2.95B | -3.13B |
Capital Expenditures | -53K | -14K | -193K | -298.3K | -260.24K | -35.8K | -286.15K | -1.72K | -11K | -11.6K |
CapEx % of Revenue | 0.78% | 0.24% | 8.1% | 13.09% | 9.87% | 1.03% | 5.78% | 0.05% | 0.04% | 0.03% |
Acquisitions | 0 | 0 | 0 | 0 | -6.08M | 4.49K | 0 | 0 | 0 | 0 |
Investments | - | - | - | - | - | - | - | - | - | - |
Other Investing | 0 | -1K | 0 | 0 | 1.93M | 48.33M | -745.95K | -18.71M | 0 | -94.19M |
Cash from Financing | 400K | 1.54M | 1.92M | 1.85M | 15.68M | 2.68M | 9.78M | -17.38M | 3B | 3.17B |
Debt Issued (Net) | 0 | 0 | 71.04K | 46.5K | 0 | 2.68M | 9.31M | -12.57M | 0 | 0 |
Equity Issued (Net) | 400K | 1.54M | 2.56M | 2.05M | 15.84M | 0 | 0 | 869.27K | 3B | 2.77B |
Dividends Paid | 0 | 0 | -589.33K | -653.57K | 0 | 0 | 0 | 0 | 0 | 0 |
Share Repurchases | 0 | 0 | 0 | -750K | 0 | 0 | 0 | 0 | -31.69M | -33.61M |
Other Financing | 0 | 0 | -124.56K | 408.67K | -165.89K | 0 | 474.07K | -5.68M | 0 | 408.22M |
Net Change in Cash | 211K▲ 0% | 307K▲ 45.5% | 1.8M▲ 486.7% | 783.95K▼ 56.5% | 5.2M▲ 562.7% | -4.68M▼ 190.2% | 9.34M▲ 299.3% | -58.9M▼ 730.9% | 27.03M▲ 145.9% | 15.49M▲ 0% |
Free Cash Flow | 99K▲ 0% | -1.23M▼ 1345.5% | -118.18K▲ 90.4% | -1.07M▼ 803.2% | -6.33M▼ 493.2% | -5.95M▲ 6.0% | 296.74K▲ 105.0% | -22.82M▼ 7788.9% | -17.48M▲ 23.4% | -28.71M▲ 0% |
FCF Margin % | 1.46% | -21.04% | -4.96% | -46.84% | -240.21% | -170.5% | 5.99% | -622.99% | -62.31% | -72.92% |
FCF Growth % | 117.01% | -1345.45% | 90.42% | -803.22% | -493.16% | 6.02% | 104.99% | -7788.93% | 23.38% | -612.18% |
FCF per Share | 7.94 | -86.15 | -5.66 | -23.84 | -53.13 | -287.02 | 1.29 | -79.52 | -0.18 | -0.14 |
FCF Conversion (FCF/Net Income) | -0.09x | 1.38x | -0.24x | 0.68x | 0.11x | 0.39x | -0.04x | -2.26x | 0.02x | 0.02x |
Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 485.53K | 485.53K | 0 | 0 |
Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 86.32K | 504.75K | 0 | 308.19K |
SBET Key Ratios
Sharplink, Inc. (SBET) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Return on Equity (ROE) | -96.02% | -43.06% | -11.12% | -39.15% | -658.28% | -177.36% | - | 484.89% | -60.68% | -73.93% |
Return on Invested Capital (ROIC) | - | - | - | -781.99% | -583.26% | -167.1% | -244.56% | -454.74% | -2.05% | -0.33% |
Gross Margin | 69.61% | 63.33% | 15.18% | 18.59% | -11.36% | 37.71% | 30.95% | 24.75% | 93.22% | 95.62% |
Net Margin | -25.32% | -15.12% | -12.85% | -49.99% | -2111.13% | -436.49% | -287.58% | 275.77% | -2618.38% | -3604.59% |
Debt / Equity | - | - | - | 0.07x | 0.01x | 0.98x | - | - | - | 0.00x |
Interest Coverage | - | - | -18.27x | -826.71x | - | -128.24x | -5.59x | -14.68x | - | - |
FCF Conversion | -0.09x | 1.38x | -0.24x | 0.68x | 0.11x | 0.39x | -0.04x | -2.26x | 0.02x | 0.02x |
Revenue Growth | -51.8% | -13.47% | -59.36% | -4.32% | 15.66% | 32.41% | 41.91% | -26.05% | 666.04% | 1048.48% |
Related:SBET Dividend History·SBET Revenue History·SBET Price History·SBET P/E History·SBET Financial Ratios·SBET Institutional Holders
SBET SEC Filings & Documents
Sharplink, Inc. (SBET) SEC filings — annual & quarterly reports (10-K, 10-Q)
SBET Frequently Asked Questions
Sharplink, Inc. (SBET) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Sharplink, Inc. (SBET) reported $39.4M in revenue for fiscal year 2025. This represents a 302% increase from $9.8M in 2002.
Sharplink, Inc. (SBET) grew revenue by 666.0% over the past year. This is strong growth.
Sharplink, Inc. (SBET) reported a net loss of $1.42B for fiscal year 2025.
Dividend & Returns
Sharplink, Inc. (SBET) has a return on equity (ROE) of -60.7%. Negative ROE indicates the company is unprofitable.
Sharplink, Inc. (SBET) had negative free cash flow of $28.7M in fiscal year 2025, likely due to heavy capital investments.