
Sharplink Gaming (SBET) | Financial Analysis & Statements
TL;DR: Financial Overview - Revenue, Profits & Key Metrics
Latest Quarterly: Mar 2025Income 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
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Revenue | 3.7M | - | 3.5M | 2.6M | 2.3M |
Cost of Goods Sold | 2.8M | - | 2.2M | 2.9M | 1.9M |
Gross Profit | 906.3K | - | 1.3M | -299.4K | 423.7K |
Gross Margin % | 24.7% | 0.0% | 37.7% | -11.4% | 18.6% |
Operating Expenses | |||||
Research & Development | - | - | - | - | - |
Selling, General & Administrative | 5.7M | - | 10.9M | 9.9M | 1.6M |
Other Operating Expenses | - | - | - | 23.3M | - |
Total Operating Expenses | 5.7M | 0 | 10.9M | 33.2M | 1.6M |
Operating Income | -4.8M | - | -9.6M | -33.5M | -1.2M |
Operating Margin % | -130.1% | 0.0% | -273.8% | -1,270.8% | -53.0% |
Non-Operating Items | |||||
Interest Income | 60.3K | - | 33.4K | 29.1K | 23.5K |
Interest Expense | 324.5K | - | 109.2K | 0 | 1.4K |
Other Non-Operating Income | 553.3K | - | -4.5M | -26.2M | 46.5K |
Pre-tax Income | -4.5M | - | -14.1M | -33.5M | -1.1M |
Income Tax | -232 | - | -13.0K | 4.2K | 970 |
Effective Tax Rate % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Net Income | 10.1M | - | -15.2M | -55.6M | -1.1M |
Net Margin % | 275.8% | 0.0% | -436.5% | -2,111.1% | -50.0% |
Key Metrics | |||||
EBITDA | -4.1M | - | -8.4M | -33.3M | -1.1M |
EPS (Basic) | $35.16 | -$5.17 | -$6.13 | -$39.40 | -$0.77 |
EPS (Diluted) | $27.48 | -$5.17 | -$6.13 | -$39.40 | -$0.77 |
Basic Shares Outstanding | 286938 | 2760970 | 2487960 | 1430031 | 1481588 |
Diluted Shares Outstanding | 286938 | 2760970 | 2487960 | 1430031 | 1481588 |
Income Statement Trend
Sharplink Gaming Balance Sheet From 2020 to 2024
Metric | 2024 | 2022 | 2021 | 2020 |
---|---|---|---|---|
Assets | ||||
Current Assets | ||||
Cash & Equivalents | 1.4M | 1.4M | 6.1M | 2.6M |
Short-term Investments | - | - | - | - |
Accounts Receivable | 264.8K | 440.9K | 956.6K | 355.9K |
Inventory | - | - | - | - |
Other Current Assets | 310.2K | 505.9K | 217.3K | 4.6K |
Total Current Assets | 2.6M | 53.9M | 9.5M | 3.2M |
Non-Current Assets | ||||
Property, Plant & Equipment | 35.3K | 40.3K | 220.6K | 210.3K |
Goodwill | 13.2K | 4.1M | 12.6M | 1.4M |
Intangible Assets | 13.2K | 838.5K | 5.6M | 608.6K |
Long-term Investments | - | - | - | - |
Other Non-Current Assets | - | - | 1.6M | - |
Total Non-Current Assets | 16.5K | 11.1M | 11.1M | 1.2M |
Total Assets | 2.6M | 65.0M | 20.6M | 4.4M |
Liabilities | ||||
Current Liabilities | ||||
Accounts Payable | 281.4K | 689.2K | 813.6K | - |
Short-term Debt | - | 620.2K | 29.3K | 27.6K |
Current Portion of Long-term Debt | - | - | - | - |
Other Current Liabilities | 10.0K | 56.8M | 3.3M | - |
Total Current Liabilities | 488.3K | 58.9M | 5.9M | 1.5M |
Non-Current Liabilities | ||||
Long-term Debt | - | 2.1M | 136.3K | 165.5K |
Deferred Tax Liabilities | 0 | 6.2K | 5.6K | 4.4K |
Other Non-Current Liabilities | - | 1 | 366.0K | - |
Total Non-Current Liabilities | 0 | 3.1M | 507.8K | 1.5M |
Total Liabilities | 488.3K | 62.1M | 6.4M | 3.1M |
Equity | ||||
Common Stock | 461 | 537.7K | 447.3K | 215.0K |
Retained Earnings | -77.8M | -73.6M | -58.3M | -2.7M |
Treasury Stock | 29.0K | 29.0K | 29.0K | 0 |
Other Equity | - | - | - | - |
Total Shareholders Equity | 2.1M | 3.0M | 14.2M | 1.4M |
Key Metrics | ||||
Total Debt | 0 | 2.7M | 165.5K | 193.1K |
Working Capital | 2.1M | -5.0M | 3.6M | 1.7M |
Balance Sheet Composition
Sharplink Gaming Cash Flow Statement From 2019 to 2024
Metric | 2024 | 2022 | 2021 | 2020 | 2019 |
---|---|---|---|---|---|
Operating Activities | |||||
Net Income | -4.5M | -15.2M | -55.6M | -1.1M | -306.2K |
Depreciation & Amortization | 12.1K | 912.2K | 206.2K | 133.0K | 97.9K |
Stock-Based Compensation | 148.5K | 1.9M | 1.7M | 67.1K | 0 |
Working Capital Changes | -110.8K | -8.3K | -262.0K | 68.0K | 326.9K |
Operating Cash Flow | -4.6M | -12.6M | -6.6M | -870.0K | 38.8K |
Investing Activities | |||||
Capital Expenditures | - | 4.5K | 0 | - | - |
Acquisitions | - | -388.0K | -6.1M | 0 | 0 |
Investment Purchases | - | - | - | - | - |
Investment Sales | - | - | - | - | - |
Investing Cash Flow | - | 48.5M | -4.2M | 0 | 0 |
Financing Activities | |||||
Share Repurchases | - | - | 0 | -750.0K | 0 |
Dividends Paid | - | - | 0 | -653.6K | -589.3K |
Debt Issuance | - | 3.2M | 0 | 46.5K | 1.9M |
Debt Repayment | -13.1M | -549.2K | 0 | 0 | -1.8M |
Financing Cash Flow | -18.6M | 2.7M | 15.7M | 1.9M | 1.9M |
Free Cash Flow | -22.8M | -6.0M | -6.3M | -1.1M | -118.2K |
Net Change in Cash | -23.2M | 38.6M | 4.9M | 981.3K | 2.0M |
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
Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
---|---|---|---|---|---|---|
sbet | 3.6B | 0.77 | 10.04 | -147.04% | -94.09% | 0.00 |
Flutter | 52.2B | 102.16 | 5.32 | 5.88% | 3.65% | 63.25 |
DraftKings | 21.8B | -41.85 | 24.98 | -46.79% | -7.97% | 219.83 |
Light & Wonder | 8.4B | 26.48 | 13.58 | 46.19% | 10.48% | 637.58 |
Churchill Downs | 7.5B | 18.54 | 7.08 | 44.37% | 15.19% | 454.20 |
Super Group (SGHC | 6.0B | 45.65 | 9.27 | 21.38% | 7.03% | 11.53 |
Financial data is updated regularly. All figures are in the company's reporting currency.