Sharplink, Inc.

Sharplink, Inc.

SBET
Sharplink, Inc.US flagNASDAQ Capital Market
6.14
USD
+0.48
- -
1.21BMarket Cap
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
19.29
18.46
22.12
16.83
21.53
12.76
0.28
0.4
Basic EPS, GAAP
-2.48
-9.23
-470.35
-73.52
-61.91
35.2
-7.37
-11.08
Free Cash Flow per Basic Share
0.61
-6.23
-50.94
-28.64
2.53
-79.51
-0.18
-0.22
Dividend per Share
4.77
5.29
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
-20.03
-485.74
-352.23
-379.37
-271.17
-8.15
-11.7
Tangible Book Value per Share
- -
2.96
43.01
2.55
-41.6
7.21
0.18
0.1
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
- -
100
128
Sales/Revenue/Turnover
2
2
3
3
5
4
28
51
Operating Margin (%)
-16.03
-52.95
-1,270.78
-273.84
-129.8
-130.07
-116.73
-1,021.35
Depreciation Expense
- -
- -
- -
1
- -
- -
- -
- -
Net Income, GAAP
- -
-1
-56
-15
-14
10
-735
-1,419
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
0.75
Profit Margin (%)
-12.85
-49.99
-2,111.13
-436.49
-287.58
275.78
-2,618.38
-2,762.31
Working Capital
- -
2
4
-5
-8
2
18
13
LT Debt
- -
- -
- -
2
1
- -
- -
- -
Total Equity
- -
1
14
3
-9
2
2,419
1,739
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
1.33
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
192
197
199
Market Capitalization
985
518
826

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
40
31
18
Cash, Cash Equivalents & STI
38
30
17
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
5
13
5
Payables & Accruals
5
13
5
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
23,283.66%
116,087.18%
Free Cash Flow
- -
-691.95%
-23.11%
Net Income, GAAP
- -
-567.77%
-7,373.86%
Sales/Revenue/Turnover
- -
146.01%
666.11%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1
1
1
1
4
2025
1
1
11
16
28
2026
24
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
47.64
-1.64
-3.03
- -
35.2
2025
-1.84
-4.27
0.7
- -
-7.37
2026
-3.25
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Joseph Chalom
Full Time Employees
15
Sector
Financial Services
Industry
Financial - Capital Markets
Address
200 S. Biscayne Boulevard Miami FL United States of America 33131
IPO Date
May 21, 1997
Business
SharpLink Gaming Ltd. (Nasdaq: SBET), headquartered in Minneapolis, Minnesota and founded in 2019, operates as an online performance-based marketing company serving the U.S. sports betting and global iGaming industries; it provides affiliate marketing solutions including the PAS.net network for driving qualified traffic, player acquisitions, retention, and conversions to regulated sportsbook and casino operator partners worldwide; its core offerings encompass the AI-powered C4 platform for customer acquisition and conversion delivering personalized content and betting offers to sports fans, the ATS platform offering predictive sports analytics such as game scores, player statistics, and betting odds to sports leagues, teams, and media companies; additionally, SharpLink delivers dynamic odds conversion technology, personalized betting solutions integrating real-time sports data, and state-specific affiliate marketing websites to attract local traffic to licensed partners. The company operates two primary segments, Affiliate Marketing and Ethereum Staking, with a treasury strategy centered on Ether (ETH) as its primary reserve asset; it targets sportsbooks, online casino operators, sports leagues, teams, media companies, and iGaming platforms across the United States and international markets. Recent developments include completing a domestication merger in February 2024 to reposition as a dedicated performance marketing entity after selling its fantasy sports business for $22.5 million and eliminating debt; in May 2025, announcing a $425 million private placement led by Consensys with Joseph Lubin joining the board to advance its Ethereum treasury strategy and explore DeFi integration; acquiring 176,270.69 ETH worth $462.9 million in June 2025 to become the largest publicly traded ETH holder; entering $200 million registered direct offering purchase agreements with institutional investors in August 2025; and demonstrating strong growth momentum in Q3 2025 while continuing ETH treasury expansion.

Company News

APIChatGPT
  • EthSystems startet mit dem Ziel, Datenschutzlösungen für Institutionen auf Ethereum zu entwickeln

  • EthSystems Launches to Build Privacy Solutions for Institutions on Ethereum

  • Ethereum Institutional startet als unabhängige gemeinnützige Organisation, um institutionelle Finanzgeschäfte in großem Maßstab auf die Blockchain zu bringen

  • Ethereum Institutional se lanza como una organización independiente sin ánimo de lucro

  • Ethereum Institutional Launches as Independent Non-Profit to Bring Institutional Finance Onchain at Scale

  • Sharplink Acquires 10,000 ETH, Bringing Total ETH Holdings to 886,725; Repurchases Over 2.1 Million Shares of Common Stock

  • Ethlabs, Founded by Former Ethereum Foundation Contributors and Funded by Bitmine, Sharplink and Joe Lubin, Launches to Accelerate Ethereum's Institutional Supercycle

  • Ethlabs, Founded by Former Ethereum Foundation Contributors and Funded by Bitmine, Sharplink and Joe Lubin, Launches to Accelerate Ethereum's Institutional Supercycle

  • Ethlabs, Founded by Former Ethereum Foundation Contributors and Funded by Bitmine, Sharplink and Joe Lubin, Launches to Accelerate Ethereum’s Institutional Supercycle

  • Sharplink Announces Pricing of $75 Million Registered Direct Offering Priced at Approximately 41% Premium to Last Closing Share Price

  • Sharplink Announces Pricing of $75 Million Registered Direct Offering Priced at Approximately 41% Premium to Last Closing Share Price

  • Sharplink Insider Trims 12,892 Shares After a 116% Run — Here's What That Means for Crypto Investors

  • Sharplink: Treat It Like An ETH Cyclical

  • Down 30.2% in 4 Weeks, Here's Why You Should You Buy the Dip in Sharplink Inc (SBET)

  • Sharplink Inc (SBET) Upgraded to Buy: What Does It Mean for the Stock?

  • Texas grid flags risks as data centers, crypto sites fail voltage tests

  • Sharplink to Join the Russell 2000 and 3000 Indexes

  • Sharplink, Inc. (SBET) Q1 2026 Earnings Call Transcript

  • Sharplink Gaming Q1 Earnings Call Highlights

  • Sharplink Reports First Quarter 2026 Financial and Operating Results; Now Holds 872,984 ETH in Treasury