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Sharplink, Inc.

SBET Clue Score50
United States Fiscal year ends December CIK 0001981535
$8.59 -2.50% Close, 9 Oct 2026
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Price $8.59 −49.32% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 13 Feb 2024. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2022Revenue3.5Operating income−14.3Net income−15.2EPS, diluted−6.13Fiscal year 2023Revenue5.0 +41.9%Operating income−8.9Net income−14.2EPS, diluted−5.17Fiscal year 2024Revenue3.7 −26.1%Operating income−4.8Net income10.1EPS, diluted27.62Fiscal year 2025Revenue28.1 +666.1%Operating income−733.9Net income−734.6 −7,373.9%EPS, diluted−7.37
FY2022FY2023FY2024FY2025
Revenue 3.5 5.0 3.7 28.1
Growth +41.9% −26.1% +666.1%
Operating income −14.3 −8.9 −4.8 −733.9
Net income −15.2 −14.2 10.1 −734.6
Growth −7,373.9%
EPS, diluted −6.13 −5.17 27.62 −7.37

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2022Gross margin37.7%Operating margin−409.3%Net margin−436.5%Free cash flow margin−170.5%Fiscal year 2023Gross margin30.9%Operating margin−179.6%Net margin−287.6%Free cash flow margin11.5%Fiscal year 2024Gross margin24.7%Operating margin−130.1%Net margin275.8%Free cash flow margin−623.0%Fiscal year 2025Operating margin−2,616.0%Net margin−2,618.4%Free cash flow margin−62.6%
FY2022FY2023FY2024FY2025
Gross margin 37.7% 30.9% 24.7% n/a
Operating margin −409.3% −179.6% −130.1% −2,616.0%
Net margin −436.5% −287.6% 275.8% −2,618.4%
Free cash flow margin −170.5% 11.5% −623.0% −62.6%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2022Operating cash flow−5.9Capital expenditure−0.0Free cash flow−6.0Fiscal year 2023Operating cash flow0.6Capital expenditure−0.0Free cash flow0.6Fiscal year 2024Operating cash flow−22.8Capital expenditure−0.0Free cash flow−22.8 −4,097.6%Fiscal year 2025Operating cash flow−17.5Capital expenditure−0.0Free cash flow−17.6Buybacks−31.7
FY2022FY2023FY2024FY2025
Operating cash flow −5.9 0.6 −22.8 −17.5
Capital expenditure −0.0 −0.0 −0.0 −0.0
Free cash flow −6.0 0.6 −22.8 −17.6
Growth −4,097.6%
Buybacks n/a n/a n/a −31.7

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2022Cash1.4Total debt2.1Net cash (debt)−0.7Shareholders’ equity3.0Debt to equity0.69Fiscal year 2023Cash2.5Total debt2.1Net cash (debt)0.4Shareholders’ equity−9.4Fiscal year 2024Cash1.4Total debt0.0Net cash (debt)1.4Shareholders’ equity2.1Debt to equity0.00Fiscal year 2025Cash28.5Shareholders’ equity2,419.0
FY2022FY2023FY2024FY2025
Cash 1.4 2.5 1.4 28.5
Total debt 2.1 2.1 0.0 n/a
Net cash (debt) −0.7 0.4 1.4 n/a
Shareholders’ equity 3.0 −9.4 2.1 2,419.0
Debt to equity 0.69 n/a 0.00 n/a

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024† 31 Dec 2024 FY2025† 31 Dec 2025
Revenue and profit
3.5 5.0 3.7 28.1
Growth +41.9% −26.1% +666.1%
2.2 3.4 2.8 n/a
1.3 1.5 0.9 n/a
Growth +16.5% −40.9%
10.9 8.0 5.7 42.4
−14.3 −8.9 −4.8 −733.9
Growth
−14.1 −11.2 −4.5 −733.5
−0.0 0.0 −0.0 1.0
−15.2 −14.2 10.1 −734.6
Growth −7,373.9%
Per share
−6.13 −5.17 35.20 −7.37
−6.13 −5.17 27.62 −7.37
Growth −126.7%
2.5 2.8 0.3 99.7
2.5 2.8 0.3 99.7
Growth +11.0% −87.8% +29,468.0%

† The diluted share count jumps at 2024 and 2025, so per-share figures either side of that column are not comparable. Usually a split, but the break lands on the restatement boundary rather than on the split date, because every column is that period’s latest filing.

Five years in brief

Worked out from the figures above, not from a press release
  • A net loss in 3 of 4 years on file.