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SBET

Sharplink, Inc.

Price Chart
Latest Quote

$5.29

-0.07 (-1.31%)
Current Price
Previous Close $5.36
Open $5.39
Day High $5.49
Day Low $5.07
Volume 9,938,207
Fetched: 2026-06-19T04:35:46
Stock Information
Shares Outstanding 197.21M
Cash Equivalents $16.88M
Revenue $39.37M
Net Income $-1.42B
Sector Financial Services
Industry Capital Markets
Market Cap $1.04B
EPS (TTM) $-8.89
Exchange NCM
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📊 Comprehensive Analysis
Company Data
Enterprise Value$1.03B
Sales$39.37M
Income$-1.42B
Book/sh$12.30
Cash/sh$0.09
Employees15
Financial Ratios
Quick Ratio3.19
Current Ratio3.31
Returns & Margins
ROA-101.44%
ROE-163.06%
Gross Margin95.62%
Operating Margin-5677.38%
Ownership
Insider Ownership7.09%
Institutional Ownership48.23%
Insider & Institutional transactions data not available
Valuation Ratios
Forward P/E2.66
P/S26.50
P/B0.43
Analyst Data
Recommendationstrong_buy
Target Price$17.81
Technical Indicators
SMA20$5.72
SMA50$6.61
SMA200$9.85
RSI37.50
ATR0.4157
Shares Float184.73M
Short Float14.15%
Short Ratio3.92
Volatility10.43
Rel Volume1.34
Performance History
Week-2.58%
Month-14.95%
Quarter-31.12%
6 Months-45.52%
YTD-45.41%
Year-55.73%
3 Years-84.20%
5 Years-99.19%
10 Years-99.29%
Stock Score: ⭐ Premium
Based on debt, profitability, growth, and cash flow metrics
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Recent Price History
Date Close Volume
2026-06-18 $5.29 10,686,400
2026-06-17 $5.36 8,802,300
2026-06-16 $5.58 7,101,300
2026-06-15 $5.80 13,253,000
2026-06-12 $5.51 4,713,000
2026-06-11 $5.43 6,786,000
2026-06-10 $5.16 5,040,900
2026-06-09 $5.32 7,755,000
2026-06-08 $5.52 8,760,900
2026-06-05 $5.19 9,967,100
2026-06-04 $5.72 9,184,500
2026-06-03 $5.54 7,636,400
2026-06-02 $5.81 7,403,300
2026-06-01 $6.19 9,388,500
2026-05-29 $6.11 8,013,000
2026-05-28 $6.08 9,440,200
2026-05-27 $6.00 7,587,100
2026-05-26 $6.18 7,845,500
2026-05-22 $6.23 5,266,800
2026-05-21 $6.48 5,089,900
2026-05-20 $6.33 6,091,600
2026-05-19 $6.22 6,317,700
About Sharplink, Inc.

Sharplink, Inc. engages in the digital asset treasury business in the United States and internationally. The company operates as an institutional-grade Ethereum treasury platform. It operates in two segments, Ether (ETH) Treasury Management and Affiliate Marketing. The ETH Treasury Management segment focuses on the accumulation and active management of ETH as a long-term treasury asset. Its activities include native and liquid staking arrangements executed within a governance, custody, and risk management framework. The Affiliate Marketing segment provides performance-based customer acquisition services to sportsbook and online casino gaming operators. It also drives user traffic and player acquisition for licensed gaming operators through PAS.net, an international affiliate network, as well as a portfolio of U.S. state-specific digital properties. The company was formerly known as SharpLink Gaming, Inc. and changed its name to Sharplink, Inc. in February 2026. The company was founded in 2019 and is headquartered in Miami, Florida.

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Income Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Revenue
Reconciled Cost Of Revenue $1,902,000 $2,756,000 $3,420,062 $2,173,835
Cost Of Revenue $1,902,000 $2,756,000 $3,420,062 $2,173,835
Total Revenue $28,055,000 $3,662,000 $4,952,725 $3,489,948
Operating Revenue $28,055,000 $3,662,000 $4,952,725 $3,489,948
Expenses
Interest Expense $0 $325,000 $1,150,341 $109,165
Total Expenses $60,804,000 $8,425,000 $11,381,195 $13,046,786
Other Income Expense $-701,168,000 $554,000 $-3,707,572 $-4,476,000
Net Non Operating Interest Income Expense $447,000 $-265,000 $-1,096,848 $-75,763
Interest Expense Non Operating $0 $325,000 $1,150,341 $109,165
Operating Expense $58,902,000 $5,669,000 $7,961,133 $10,872,951
General And Administrative Expense $58,902,000 $5,669,000 - -
Other Non Operating Income Expenses - $298,000 $-1,242,840 $250,000
Other Operating Expenses - - - -
Income & Earnings
Net Income From Continuing Operation Net Minority Interest $-734,516,000 $-4,474,000 $-11,248,598 $-14,095,646
Net Interest Income $447,000 $-265,000 $-1,096,848 $-75,763
Interest Income $447,000 $60,000 $53,493 $33,402
Normalized Income $-180,593,280 $-4,730,000 $-8,783,866 $-9,369,646
Net Income From Continuing And Discontinued Operation $-734,587,000 $10,099,000 $-14,243,182 $-15,233,378
Total Operating Income As Reported $-733,917,000 $-4,763,000 $-8,893,202 $-14,282,838
Net Income Common Stockholders $-734,587,000 $10,099,000 $-14,243,182 $-15,233,378
Net Income $-734,587,000 $10,099,000 $-14,243,182 $-15,233,378
Net Income Including Noncontrolling Interests $-734,587,000 $10,099,000 $-14,243,182 $-15,233,378
Net Income Discontinuous Operations $-71,000 $14,573,000 $-2,994,584 $-1,137,732
Net Income Continuous Operations $-734,516,000 $-4,474,000 $-11,248,598 $-14,095,646
Pretax Income $-733,470,000 $-4,474,000 $-11,232,890 $-14,108,601
Special Income Charges $-140,208,000 $0 $-2,464,732 $-4,726,000
Interest Income Non Operating $447,000 $60,000 $53,493 $33,402
Operating Income $-32,749,000 $-4,763,000 $-6,428,470 $-9,556,838
Gross Profit $26,153,000 $906,000 $1,532,663 $1,316,113
Per Share
Diluted EPS $-7.37 $27.62 $-62.04 $-73.56
Basic EPS $-7.37 $35.20 $-62.04 $-73.56
Other
Tax Effect Of Unusual Items $-147,245,280 $0 $0 $0
Tax Rate For Calcs $0 $0 $0 $0
Normalized EBITDA (Bullshit earnings) $-32,293,000 $-4,393,000 $-7,510,403 $-8,361,188
Total Unusual Items $-701,168,000 $256,000 $-2,464,732 $-4,726,000
Total Unusual Items Excluding Goodwill $-701,168,000 $256,000 $-2,464,732 $-4,726,000
Reconciled Depreciation $9,000 $12,000 $107,414 $912,248
EBITDA (Bullshit earnings) $-733,461,000 $-4,137,000 $-9,975,135 $-13,087,188
EBIT $-733,470,000 $-4,149,000 $-10,082,549 $-13,999,436
Diluted Average Shares $99,719,495 $337,255 $230,080 $207,329
Basic Average Shares $99,719,495 $286,939 $230,080 $207,329
Diluted NI Availto Com Stockholders $-734,587,000 $10,099,000 $-14,243,182 $-15,233,378
Tax Provision $1,046,000 $0 $15,708 $-12,955
Impairment Of Capital Assets $140,208,000 $0 $2,464,732 $4,726,000
Gain On Sale Of Security $-560,960,000 $256,000 - -
Selling General And Administration $58,902,000 $5,669,000 $7,961,133 $10,872,951
Other Gand A $42,392,000 $5,669,000 - -
Salaries And Wages $16,510,000 $0 - -
Otherunder Preferred Stock Dividend - - - $0
Preferred Stock Dividends - - - $8,862
Restructuring And Mergern Acquisition - - - $0
Fetched: 2026-06-17
Balance Sheet (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Assets
Net Tangible Assets $18,413,000 $2,069,000 $-9,567,881 $532,886
Total Assets $2,431,766,000 $2,571,000 $71,280,178 $65,045,491
Total Non Current Assets $2,400,614,000 $16,000 $176,904 $11,134,926
Goodwill And Other Intangible Assets $2,400,604,000 $13,000 $168,112 $2,453,630
Other Intangible Assets $2,400,604,000 $13,000 $168,112 $838,463
Current Assets $31,153,000 $2,555,000 $71,103,274 $53,910,565
Other Current Assets $329,000 $310,000 $383,295 $505,905
Assets Held For Sale Current $182,000 $270,000 $67,805,379 $51,570,443
Receivables $221,000 $538,000 $427,119 $452,873
Accounts Receivable $221,000 $265,000 $415,119 $440,873
Allowance For Doubtful Accounts Receivable $0 $0 $0 $0
Gross Accounts Receivable $221,000 $265,000 $415,119 $440,873
Cash Cash Equivalents And Short Term Investments $30,421,000 $1,437,000 $2,487,481 $1,381,344
Cash And Cash Equivalents $28,539,000 $1,437,000 $2,487,481 $1,381,344
Cash Financial $28,539,000 $1,437,000 $2,487,481 $1,381,344
Other Receivables - $273,000 $12,000 $12,000
Other Non Current Assets - - - $8,659,415
Restricted Cash - - - $11,132,957
Non Current Prepaid Assets - - - -
Prepaid Assets - - - -
Debt
Net Debt - - $10,324,729 $1,302,072
Total Debt - - $12,812,210 $2,683,416
Long Term Debt And Capital Lease Obligation - - $1,424,908 $2,063,243
Long Term Debt - - $1,424,908 $2,063,243
Current Debt And Capital Lease Obligation - - $11,387,302 $620,173
Current Debt - - $11,387,302 $620,173
Other Current Borrowings - - $5,041,324 $620,173
Liabilities
Total Liabilities Net Minority Interest $12,749,000 $489,000 $80,679,947 $62,058,975
Total Non Current Liabilities Net Minority Interest $0 $0 $1,432,063 $3,147,942
Current Liabilities $12,749,000 $489,000 $79,247,884 $58,911,033
Other Current Liabilities $1,000 $10,000 $66,396,883 $56,824,479
Payables And Accrued Expenses $12,748,000 $479,000 $1,157,952 $1,257,417
Payables $12,748,000 $479,000 $834,060 $689,159
Accounts Payable $12,748,000 $479,000 $834,060 $689,159
Non Current Deferred Liabilities - $0 $7,155 $6,206
Non Current Deferred Taxes Liabilities - $0 $7,155 $6,206
Interest Payable - $0 $48,875 $0
Liabilities Heldfor Sale Non Current - - $0 $1,078,492
Other Non Current Liabilities - - - $1
Current Deferred Liabilities - - - $44,338,040
Other Payable - - - -
Equity
Common Stock Equity $2,419,017,000 $2,082,000 $-9,403,705 $2,982,694
Total Equity Gross Minority Interest $2,419,017,000 $2,082,000 $-9,399,769 $2,986,516
Stockholders Equity $2,419,017,000 $2,082,000 $-9,399,769 $2,986,516
Retained Earnings $-812,396,000 $-77,809,000 $-87,857,456 $-73,565,641
Preferred Stock Equity - $2 $3,936 $3,822
Preferred Securities Outside Stock Equity - - - -
Other
Treasury Shares Number $1,938,458 $7 $7 $7
Ordinary Shares Number $196,697,343 $407,286 $238,644 $223,994
Share Issued $198,635,801 $407,293 $238,651 $224,001
Tangible Book Value $18,413,000 $2,069,000 $-9,571,817 $529,064
Invested Capital $2,419,017,000 $2,082,000 $3,408,505 $5,666,110
Working Capital $18,404,000 $2,066,000 $-8,144,610 $-5,000,468
Total Capitalization $2,419,017,000 $2,082,000 $-7,974,861 $5,049,759
Treasury Stock $31,721,000 $29,000 $29,000 $29,000
Additional Paid In Capital $3,263,114,000 $79,920,000 $77,909,981 $76,039,604
Capital Stock $20,000 $0 $576,706 $541,553
Common Stock $20,000 $0 $572,770 $537,731
Preferred Stock $0 $0 $3,936 $3,822
Net PPE $10,000 $3,000 $8,792 $21,881
Gross PPE $10,000 $3,000 $33,551 $40,322
Machinery Furniture Equipment $10,000 $3,000 - -
Other Short Term Investments $1,882,000 $0 - -
Line Of Credit - $0 $6,345,978 $0
Pensionand Other Post Retirement Benefit Plans Current - $58,280 $305,747 $208,964
Current Accrued Expenses - $138,606 $323,892 $568,258
Accumulated Depreciation - $-31,911 $-24,759 $-18,441
Other Properties - $35,270 $33,551 $40,322
Goodwill - - $0 $1,615,167
Capital Lease Obligations - - - $241,107
Long Term Capital Lease Obligation - - - $210,037
Current Deferred Revenue - - - $44,338,040
Current Capital Lease Obligation - - - $31,070
Dueto Related Parties Current - - - $0
Investments And Advances - - - $200,000
Fetched: 2026-06-17
Cash Flow Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Free Cash Flow
Free Cash Flow $-17,553,000 $-22,816,000 $296,741 $-5,973,181
Operating Activities
Operating Cash Flow $-17,542,000 $-22,814,000 $582,887 $-5,937,386
Cash From Discontinued Operating Activities $-61,000 $-16,958,000 $5,499,299 $2,109,891
Cash Flow From Continuing Operating Activities $-17,481,000 $-5,856,000 $-4,916,412 $-8,047,277
Operating Gains Losses $-498,000 - $12,607 $2,594
Investing Activities
Capital Expenditure $-11,000 $-2,000 $-286,146 $-35,795
Investing Cash Flow $-2,954,139,000 $-18,710,000 $-1,032,097 $48,302,068
Cash From Discontinued Investing Activities $0 $-18,858,000 $-745,951 $48,721,370
Cash Flow From Continuing Investing Activities $-2,954,139,000 $148,000 $-286,146 $-419,302
Net Other Investing Changes $-2,614,612,000 - - $48,859,270
Capital Expenditure Reported $-11,000 $-2,000 $-286,146 $-35,795
Financing Activities
Repurchase Of Capital Stock $-31,692,000 $0 - -
Issuance Of Capital Stock $3,130,168,000 $869,000 $0 $0
Financing Cash Flow $2,998,715,000 $-17,375,000 $9,784,854 $2,675,343
Cash From Discontinued Financing Activities $0 $-5,835,000 $481,575 $0
Cash Flow From Continuing Financing Activities $2,998,715,000 $-11,540,000 $9,303,279 $2,675,343
Net Other Financing Charges $-99,761,000 - $-7,500 $-25,432
Net Common Stock Issuance $3,098,476,000 $869,000 $0 $0
Common Stock Issuance $3,130,168,000 $869,000 $0 $0
Net Preferred Stock Issuance - - - $0
Preferred Stock Issuance - - - $0
Cash Dividends Paid - - - -
Other
Repayment Of Debt $0 $-13,119,000 $-1,039,221 $-549,225
Issuance Of Debt $0 $550,000 $10,350,000 $3,250,000
Interest Paid Supplemental Data $0 $486,000 $485,531 $109,165
Income Tax Paid Supplemental Data $449,000 $505,000 $86,320 $19,916
End Cash Position $28,576,000 $1,542,000 $60,441,130 $1,381,344
Beginning Cash Position $1,542,000 $60,441,000 $51,105,486 $6,065,461
Changes In Cash $27,034,000 $-58,899,000 $9,335,644 $-4,684,117
Proceeds From Stock Option Exercised $0 $160,000 $0 $0
Common Stock Payments $-31,692,000 $0 - -
Net Issuance Payments Of Debt $0 $-12,569,000 $9,310,779 $2,700,775
Net Short Term Debt Issuance $0 $-6,350,000 $6,350,000 $0
Short Term Debt Payments $0 $-6,900,000 $0 -
Short Term Debt Issuance $0 $550,000 $6,350,000 $0
Net Long Term Debt Issuance $0 $-6,219,000 $2,960,779 $2,700,775
Long Term Debt Payments $0 $-6,219,000 $-1,039,221 $-549,225
Net Investment Purchase And Sale $-339,516,000 $0 - -
Sale Of Investment $105,581,000 $0 - -
Purchase Of Investment $-445,097,000 $0 - -
Net Intangibles Purchase And Sale $0 $150,000 $0 -
Sale Of Intangibles $0 $150,000 $0 -
Change In Working Capital $7,375,000 $-1,352,000 $1,363,522 $-224,305
Change In Payables And Accrued Expense $7,233,000 $-1,314,000 $1,344,158 $37,819
Change In Prepaid Assets $-19,000 $73,000 $-6,390 $-253,844
Change In Receivables $161,000 $-111,000 $25,754 $68,320
Changes In Account Receivables $161,000 $162,000 $25,754 $68,320
Other Non Cash Items $-81,443,000 $72,000 $898,510 $-252,450
Stock Based Compensation $35,211,000 $149,000 $261,373 $1,940,691
Unrealized Gain Loss On Investment Securities $616,173,000 $-256,000 $1,230,234 $0
Asset Impairment Charge $140,208,000 $0 $2,464,732 $4,726,000
Deferred Tax $0 $-7,000 $-6,206 $81,323
Deferred Income Tax $0 $-7,000 $-6,206 $81,323
Depreciation Amortization Depletion $9,000 $12,000 $107,414 $912,248
Depreciation And Amortization $9,000 $12,000 $107,414 $912,248
Earnings Losses From Equity Investments $-498,000 $0 - -
Net Income From Continuing Operations $-734,516,000 $-4,474,000 $-11,248,598 $-15,233,378
Gain Loss On Sale Of PPE - $0 $12,607 $2,594
Cash Flow From Discontinued Operation - - $-57,953,649 $-49,724,142
Long Term Debt Issuance - - $4,000,000 $3,250,000
Net Business Purchase And Sale - - $0 $-388,000
Purchase Of Business - - $0 $-388,000
Net PPE Purchase And Sale - - $0 $4,493
Sale Of PPE - - $0 $4,493
Change In Accrued Expense - - $1,344,158 $37,819
Change In Other Working Capital - - - $-76,600
Change In Other Current Liabilities - - - $0
Change In Other Current Assets - - - $0
Gain Loss On Investment Securities - - - -
Fetched: 2026-06-17