SharpLink
SBET
8.95
-0.55
-5.79%
SharpLink
US · SBET
#2752 by market cap
Listed 1970
8.95
-0.55
-5.79%
Live - 5344 symbols - heartbeat 501s ago
· 2026-10-08 06:47
Pre-market
8.84
-1.23%
After-hours
8.98
+0.34%
Overnight
8.96
+0.11%
- Market cap
- 1.94B
- P/E (TTM)i
- -1.99
- P/Bi
- 1.38
- EPSi
- -7.37
- Div yieldi
- 0.00%
- 52W posi
- 38%
Reader sentiment
Are you bullish or bearish on SBET?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Good
- Altman Z-Score is 91.01, above the 3.0 "safe zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 7 years
Latest year +666.11% YoY
Margins
- Gross margin
- 93.22%
- Operating margin
- -116.73%
- Net margin
- -2,618.38%
Key ratios & quality
- Altman Z-Scorei
- 91.01
Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | 2.38M | 2.28M | 2.64M | 3.49M | 4.95M | 3.66M | 28.06M |
| Gross profit | 361.51K | 423.72K | -299.36K | 1.32M | 1.53M | 906.00K | 26.15M |
| Selling & admin expenses | 743.27K | 1.63M | 9.89M | 10.87M | 7.96M | 5.67M | 58.90M |
| Research & development | -- | -- | -- | -- | -- | -- | -- |
| Operating profit | -381.76K | -1.21M | -33.49M | -9.56M | -6.43M | -4.76M | -32.75M |
| Pretax profit | -386.02K | -1.14M | -33.47M | -14.11M | -11.23M | -4.47M | -733.47M |
| Tax | -79.87K | 970 | 4.17K | -12.96K | 15.71K | 0 | 1.05M |
| Net profit | -306.15K | -1.14M | -55.64M | -15.23M | -14.24M | 10.10M | -734.59M |
| Basic EPS | -2 | -9 | -473 | -74 | -62 | 35 | -7 |
| Diluted EPS | -2.48 | -9.23 | -472.80 | -73.56 | -62.04 | 27.62 | -7.37 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 742.00K | 697.00K | 10.84M | 15.77M | 12.06M | 11.53M |
| Gross profit | 132.00K | 209.00K | 10.41M | 15.40M | -483.03M | 11.27M |
| Selling & admin expenses | 1.06M | 18.77M | 12.18M | 26.96M | 9.88M | 9.06M |
| Research & development | -- | -- | -- | -- | -- | -- |
| Operating profit | -926.00K | -18.56M | -1.76M | -11.56M | -492.91M | 2.21M |
| Pretax profit | -914.00K | -103.40M | 105.04M | -734.25M | -684.38M | -393.28M |
| Tax | 3.00K | 27.00K | 792.35K | 223.56K | 1.18M | 999.00K |
| Net profit | -975.00K | -103.42M | 104.27M | -734.46M | -685.56M | -394.27M |
| Basic EPS | -2 | -4 | 1 | -4 | -3 | -2 |
| Diluted EPS | -1.84 | -4.27 | 0.62 | -3.73 | -3.25 | -1.88 |
Balance sheet
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Total current assets | -- | 3.22M | 9.49M | 53.91M | 71.10M | 2.56M | 31.15M |
| Cash & ST investments | -- | 2.59M | 6.07M | 1.38M | 2.49M | 1.44M | 30.42M |
| Inventory | -- | -- | -- | -- | -- | -- | -- |
| Total assets | -- | 4.42M | 20.56M | 65.05M | 71.28M | 2.57M | 2.43B |
| Total current liabilities | -- | 1.54M | 5.86M | 58.91M | 79.25M | 489.00K | 12.75M |
| Short-term debt | -- | 27.57K | 29.27K | 620.17K | 11.39M | -- | -- |
| Long-term debt | -- | -- | -- | 2.06M | 1.42M | -- | -- |
| Total liabilities | -- | 3,065,436.00 | 6,368,370.00 | 62,058,975.00 | 80,679,947.00 | 489,000.00 | 12,749,000.00 |
| Total equity | -- | 1.36M | 14.19M | 2.99M | -9.40M | 2.08M | 2.42B |
| Retained earnings | -- | -2.69M | -58.33M | -73.57M | -87.86M | -77.81M | -812.40M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 2.26M | 9.51M | 40.00M | 31.15M | 18.03M | 57.36M |
| Cash & ST investments | 1.37M | 5.07M | 37.84M | 30.42M | 16.88M | 56.20M |
| Inventory | -- | -- | -- | -- | -- | -- |
| Total assets | 2.78M | 453.91M | 3.07B | 2.43B | 1.74B | 1.42B |
| Total current liabilities | 693.11K | 1.39M | 4.57M | 12.75M | 5.44M | 5.49M |
| Short-term debt | -- | -- | -- | -- | -- | -- |
| Long-term debt | -- | -- | -- | -- | -- | -- |
| Total liabilities | 693,113.00 | 1,392,956.00 | 4,572,266.00 | 12,749,000.00 | 5,437,000.00 | 5,572,000.00 |
| Total equity | 2.08M | 452.52M | 3.07B | 2.42B | 1.74B | 1.41B |
| Retained earnings | -78.78M | -182.21M | -77.94M | -812.40M | -1.50B | -1.89B |
Cash flow
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Operating cash flow | 74.82K | -769.10K | -6.07M | -5.94M | 582.89K | -22.81M | -17.54M |
| Depreciation & amortization | 97.86K | 133.03K | 206.25K | 912.25K | 107.41K | 12.00K | 9.00K |
| Free cash flow | -118.18K | -1.07M | -6.33M | -5.97M | 296.74K | -22.82M | -17.55M |
| Dividends paid | -589.33K | -653.57K | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | 2.56M | 130.53K | 9.84M | -- | 0 | 869.00K | 3.10B |
| Ending cash balance | 1.80M | 2.59M | 6.07M | 1.38M | 60.44M | 1.54M | 28.58M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | -514.00K | -1.62M | -6.27M | -9.13M | -10.65M | -7.15M |
| Depreciation & amortization | 2.00K | 2.00K | 2.16K | 2.84K | 1.00K | -1.00K |
| Free cash flow | -514.00K | -1.62M | -6.28M | -9.14M | -10.65M | -7.15M |
| Dividends paid | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | 907.00K | 436.15M | 2.58B | 76.51M | 0 | 64.98M |
| Ending cash balance | 1.38M | 5.10M | 11.13M | 28.58M | 16.88M | 56.20M |
Returns & efficiency
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| ROE %i | -- | -84.03 | -715.99 | -177.44 | -- | -- | -60.68 |
| ROA %i | -- | -25.77 | -445.50 | -35.59 | -20.90 | 27.35 | -60.35 |
| ROIC %i | -- | -74.60 | -700.20 | -118.28 | -- | -- | -60.71 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | -15.37 | -49.88 | -1,339.75 | -207.94 | -203.58 | -113.30 | -2,614.40 |
| FCF / sales %i | -- | -- | -- | -- | 5.99 | -- | -- |
| Current ratioi | -- | 2.10 | 1.62 | 0.92 | 0.90 | 5.22 | 2.44 |
| Quick ratioi | -- | 2.09 | 1.22 | 0.03 | 0.04 | 4.04 | 2.40 |
| Debt / assetsi | -- | 4.37 | 0.81 | 4.13 | 17.97 | -- | -- |
| LT debt / equityi | -- | 12.21 | 0.96 | 69.17 | -- | -- | -- |
| Interest coveragei | -18.27 | -826.71 | -- | -110.20 | -8.76 | -12.79 | -- |
| Revenue CAGR (3Y) %i | -- | -- | -- | 13.58 | 29.53 | 11.58 | 100.32 |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- | -- |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | -130.67 | -46.65 | -0.07 | -60.68 | -163.06 | -183.57 |
| ROA %i | -78.92 | -46.40 | -0.07 | -60.35 | -162.49 | -182.89 |
| ROIC %i | -132.93 | -46.68 | -0.08 | -60.71 | -163.10 | -183.62 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | -105.96 | -3,374.59 | -2.15 | -2,614.40 | -2,385.26 | -1,414.23 |
| FCF / sales %i | -- | -- | -- | -- | -- | -- |
| Current ratioi | 3.27 | 6.83 | 8.75 | 2.44 | 3.32 | 10.45 |
| Quick ratioi | 2.45 | 6.05 | 8.35 | 2.40 | 3.19 | 10.29 |
| Debt / assetsi | -- | -- | -- | -- | -- | -- |
| LT debt / equityi | -- | -- | -- | -- | -- | -- |
| Interest coveragei | -11,210.92 | -- | -- | -- | -- | -- |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
✦ Quant Revenue Concentration how this is computed
Single-engine
- ETH Treasury Management is the largest reported line at 96.82% of revenue, across 2 reported segments.
- The next-largest line, Affiliate Marketing, is a distant second at 3.18% - a sharp slowdown here would have little to offset it.
Revenue breakdown most recent period
Business
ETH Treasury Management96.82%
Affiliate Marketing3.18%
Quote time 2026-10-08 06:47:36 · For reference only, not investment advice and not tailored to your situation.