TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Mar 2025

Income Metrics

Revenue 741.7K
Gross Profit 131.8K 17.77%
Operating Income -925.5K -124.78%
Net Income -974.9K -131.44%
EPS (Diluted) -$22.08

Balance Sheet Metrics

Total Assets 2.8M
Total Liabilities 693.1K
Shareholders Equity 2.1M
Debt to Equity 0.33

Cash Flow Metrics

Operating Cash Flow -631.7K
Free Cash Flow -514.1K

Revenue & Profitability Trend

Sharplink Gaming Income Statement From 2020 to 2024

Metric20242023202220212020
Revenue i3.7M-3.5M2.6M2.3M
Cost of Goods Sold i2.8M-2.2M2.9M1.9M
Gross Profit i906.3K-1.3M-299.4K423.7K
Gross Margin % i24.7%0.0%37.7%-11.4%18.6%
Operating Expenses
Research & Development i-----
Selling, General & Administrative i5.7M-10.9M9.9M1.6M
Other Operating Expenses i---23.3M-
Total Operating Expenses i5.7M010.9M33.2M1.6M
Operating Income i-4.8M--9.6M-33.5M-1.2M
Operating Margin % i-130.1%0.0%-273.8%-1,270.8%-53.0%
Non-Operating Items
Interest Income i60.3K-33.4K29.1K23.5K
Interest Expense i324.5K-109.2K01.4K
Other Non-Operating Income553.3K--4.5M-26.2M46.5K
Pre-tax Income i-4.5M--14.1M-33.5M-1.1M
Income Tax i-232--13.0K4.2K970
Effective Tax Rate % i0.0%0.0%0.0%0.0%0.0%
Net Income i10.1M--15.2M-55.6M-1.1M
Net Margin % i275.8%0.0%-436.5%-2,111.1%-50.0%
Key Metrics
EBITDA i-4.1M--8.4M-33.3M-1.1M
EPS (Basic) i$35.16-$5.17-$6.13-$39.40-$0.77
EPS (Diluted) i$27.48-$5.17-$6.13-$39.40-$0.77
Basic Shares Outstanding i2869382760970248796014300311481588
Diluted Shares Outstanding i2869382760970248796014300311481588

Income Statement Trend

Sharplink Gaming Balance Sheet From 2020 to 2024

Metric2024202220212020
Assets
Current Assets
Cash & Equivalents i1.4M1.4M6.1M2.6M
Short-term Investments i----
Accounts Receivable i264.8K440.9K956.6K355.9K
Inventory i----
Other Current Assets310.2K505.9K217.3K4.6K
Total Current Assets i2.6M53.9M9.5M3.2M
Non-Current Assets
Property, Plant & Equipment i35.3K40.3K220.6K210.3K
Goodwill i13.2K4.1M12.6M1.4M
Intangible Assets i13.2K838.5K5.6M608.6K
Long-term Investments----
Other Non-Current Assets--1.6M-
Total Non-Current Assets i16.5K11.1M11.1M1.2M
Total Assets i2.6M65.0M20.6M4.4M
Liabilities
Current Liabilities
Accounts Payable i281.4K689.2K813.6K-
Short-term Debt i-620.2K29.3K27.6K
Current Portion of Long-term Debt----
Other Current Liabilities10.0K56.8M3.3M-
Total Current Liabilities i488.3K58.9M5.9M1.5M
Non-Current Liabilities
Long-term Debt i-2.1M136.3K165.5K
Deferred Tax Liabilities i06.2K5.6K4.4K
Other Non-Current Liabilities-1366.0K-
Total Non-Current Liabilities i03.1M507.8K1.5M
Total Liabilities i488.3K62.1M6.4M3.1M
Equity
Common Stock i461537.7K447.3K215.0K
Retained Earnings i-77.8M-73.6M-58.3M-2.7M
Treasury Stock i29.0K29.0K29.0K0
Other Equity----
Total Shareholders Equity i2.1M3.0M14.2M1.4M
Key Metrics
Total Debt i02.7M165.5K193.1K
Working Capital i2.1M-5.0M3.6M1.7M

Balance Sheet Composition

Sharplink Gaming Cash Flow Statement From 2019 to 2024

Metric20242022202120202019
Operating Activities
Net Income i-4.5M-15.2M-55.6M-1.1M-306.2K
Depreciation & Amortization i12.1K912.2K206.2K133.0K97.9K
Stock-Based Compensation i148.5K1.9M1.7M67.1K0
Working Capital Changes i-110.8K-8.3K-262.0K68.0K326.9K
Operating Cash Flow i-4.6M-12.6M-6.6M-870.0K38.8K
Investing Activities
Capital Expenditures i-4.5K0--
Acquisitions i--388.0K-6.1M00
Investment Purchases i-----
Investment Sales i-----
Investing Cash Flow i-48.5M-4.2M00
Financing Activities
Share Repurchases i--0-750.0K0
Dividends Paid i--0-653.6K-589.3K
Debt Issuance i-3.2M046.5K1.9M
Debt Repayment i-13.1M-549.2K00-1.8M
Financing Cash Flow i-18.6M2.7M15.7M1.9M1.9M
Free Cash Flow i-22.8M-6.0M-6.3M-1.1M-118.2K
Net Change in Cash i-23.2M38.6M4.9M981.3K2.0M

Cash Flow Trend

Sharplink Gaming Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 0.77
Price to Book 10.04
Price to Sales 1,048.58
PEG Ratio 0.00

Profitability Ratios

Profit Margin -94.09%
Operating Margin -124.78%
Return on Equity -147.04%
Return on Assets -61.22%

Financial Health

Current Ratio 3.27
Debt to Equity 0.00
Beta 12.79

Per Share Data

EPS (TTM) $47.28
Book Value per Share $3.62
Revenue per Share $9.66

Peer Financial Comparison

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
sbet3.6B0.7710.04-147.04%-94.09%0.00
Flutter 52.2B102.165.325.88%3.65%63.25
DraftKings 21.8B-41.8524.98-46.79%-7.97%219.83
Light & Wonder 8.4B26.4813.5846.19%10.48%637.58
Churchill Downs 7.5B18.547.0844.37%15.19%454.20
Super Group (SGHC 6.0B45.659.2721.38%7.03%11.53

Financial data is updated regularly. All figures are in the company's reporting currency.