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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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TTENK/calls
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Home›SBET›Financials
Annual statements · SEC XBRL · FY2022 – FY2025

Sharplink, Inc. (SBET) financials

Income statement

Sharplink, Inc. (SBET) income statement, annual, from SEC filings
Fiscal yearFY2022FY2023FY2024FY2025
Revenue$3.49M$4.95M$3.66M$28.1M
Revenue growth—41.9%-26.1%666.1%
Gross profit$1.32M$1.53M$906K—
Gross margin37.7%30.9%24.7%—
Operating income-$14.3M-$8.89M-$4.76M-$734M
Operating margin-409.3%-179.6%-130.1%-2616.0%
Net income-$15.2M-$14.2M$10.1M-$735M
Net margin-436.5%-287.6%275.8%-2618.4%
EPS (diluted)-$6.13-$5.17$27.62-$7.37

Cash flow

Sharplink, Inc. (SBET) cash flow, annual, from SEC filings
Fiscal yearFY2022FY2023FY2024FY2025
Operating cash flow-$5.94M$583K-$22.8M-$17.5M
Capital expenditures$13.0K$12.1K$2.00K$11.0K
Free cash flow-$5.95M$571K-$22.8M-$17.6M
Share buybacks———$31.7M

Balance sheet

Sharplink, Inc. (SBET) balance sheet, annual, from SEC filings
Fiscal yearFY2022FY2023FY2024FY2025
Cash & equivalents$1.38M$2.49M$1.44M$28.5M
Total assets$65.0M$71.3M$2.57M$2.43B
Total liabilities$62.1M$80.7M$489K$12.7M
Long-term debt$2.06M$1.42M$0.00—
Shareholders' equity$2.99M-$9.40M$2.08M$2.42B
Retained earnings-$73.6M-$87.9M-$77.8M-$812M
Shares (wtd avg diluted)2.49M2.76M337K99.7M

Every figure is extracted from Sharplink, Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is Sharplink, Inc.'s annual revenue?
Sharplink, Inc. (SBET) reported $28.1M of revenue for fiscal year 2025 — up 666.1% from $3.66M in FY2024, per its annual report filed with the SEC.
Is Sharplink, Inc. profitable?
Not in FY2025 — SBET reported a net loss of $735M, per SEC filings.
What is Sharplink, Inc.'s free cash flow?
-$17.6M in FY2025 (operating cash flow -$17.5M minus $11.0K of capital expenditures), from the SEC cash-flow statement.
Does SBET pay a dividend?
Sharplink, Inc. reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full SBET analysis — verdict, score & filings →Is SBET a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.