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Sharplink, Inc.

SBET

$6.42 ▲ +0.13 (+2.07%) at close

5 Visible periods

30 Metrics

Peer-ranked Benchmarks

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Health

Poor

Bearish

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Analytical Summary

Sharplink, Inc. faces fundamental challenges with weakness in Return on Common Equity (%). The fundamentals warrant careful consideration of downside risks.

Market Cap $640.2M

Dividend Yield —

Revenue Growth 666.0% ↗

Op. Margin None

ROIC -30.4% ↗

FCF / Share $-0.18 ↗

Trailing P/E —

Price / Book 0.5x

FCF Yield —

Debt / Equity —

info Valuation on last close. End-of-day price, Aug 7, 2026.

5-Year Financial Trajectory

Annual

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$28.05M

↑ +666.0% —

Net Income Profit after all expenses

$-734.59M

↓ -7373.4% —

Operating Margin Operating profit as % of sales

-130.1%

↑ +27.6% —

FCF / Share Free cash flow per share

$-0.18

↑ +97.3% —

Long-Term Debt Long-term obligations

$0.00

↓ -100.0% —

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Bullish Indicators

No bullish signals detected.

warning

Bearish Risks

Return on Common Equity (%)Return on Common Equity (%) is in the bottom quartile

Health Breakdown

Profitability ↑

Returns

Cash Quality ↓

Financial view

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📈 Is growth accelerating? 5 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗
Revenue Growth YoY (%)	666.0% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+11001%)	-26.1% Weak Weak Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-534%)	41.9% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+599%)	—	—
EPS Growth YoY (%)	N/M	N/M	15.7% Good Good Year-over-year change in earnings per share Optimal: > 10%	—	—
Net Income Growth YoY (%)	N/M	N/M	6.5% Fair Fair Year-over-year change in net income	—	—
FCF Growth YoY (%)	97.3% Excellent Excellent Year-over-year change in free cash flow	N/M	N/M	—	—
Revenue CAGR 3Y (%)	100.3% Excellent Excellent Compound annual revenue growth over 3 years	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗
Operating Margin (%) (%)	—	-130.1% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-620%)	-179.6% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-818%)	-409.3% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-1737%)	—
Effective Tax Rate (%) (%)	-0.1% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.0% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.1% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.1% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	—
Profit Margin (%) (%)	—	—	-287.6% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-1407%)	-436.5% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-2084%)	—
FCF Margin (%) (%)	-62.6% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	—	11.5% Fair Fair Free cash flow as a percentage of revenue Optimal: > 10%	-170.5% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	—
FCF / Net Income (x)	0.02x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	-2.26x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	-0.04x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	0.39x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	—

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗
Return on Invested Capital (%)	-30.4% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-228.7% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-194.4% Weak Weak Return earned on debt + equity capital invested Optimal: > 10%	-335.5% Weak Weak Return earned on debt + equity capital invested Optimal: > 10%	—
Return on Capital (%) (%)	-30.2% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-185.2% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-12.5% Weak Weak Operating profit relative to total assets Optimal: > 10%	-22.0% Weak Weak Operating profit relative to total assets Optimal: > 10%	—
Return on Common Equity (%) (%)	-30.4% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-353%)	—	—	—	—

⚖️ Is the balance sheet risky? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗
Debt to Equity (x)	—	0.00x Excellent ↓ Excellent Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-100%)	0.83x Fair Fair Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-31%)	0.42x Good Good Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-65%)	—
Interest Coverage (x)	—	-9.81x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-7.73x Weak Weak Operating income divided by interest expense Optimal: > 5x	-130.84x Weak Weak Operating income divided by interest expense Optimal: > 5x	—
Net Debt (USD)	—	$0.00	$2.08M	$1.27M	—
Debt / EBITDA (x)	—	0.00x Excellent ↑ Excellent Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-0.23x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-0.09x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—

📊 What does each share earn? 6 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗
Revenue per Share (USD)	$0.28	$1.06	$1.79	$1.40	—
Basic EPS, GAAP (USD)	$-7.37	$2.93	$-5.17	$-6.13	—
Free Cash Flow per Share (USD)	$-0.18	$-6.63	$0.21	$-2.39	—
Book Value per Share (USD)	$12.30	$0.43	$0.87	$1.11	—
Tangible Book Value per Share (USD)	$12.30	$0.42	$0.81	$0.20	—
Basic Weighted Avg Shares (shares)	99.72M	3.44M	2.76M	2.49M	—

🏦 How resilient is the balance sheet? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗
Working Capital (USD)	$18.40M	$2.07M	$-8.14M	$-5.00M	—
LT Debt (USD)	—	$0.00	$2.08M	$1.27M	—
Total Equity (USD)	$2.42B	$2.08M	$2.50M	$2.99M	$14.19M

📋 What is driving earnings? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗
Sales/Revenue/Turnover (USD)	$28.05M	$3.66M	$4.95M	$3.49M	—
Depreciation Expense (USD)	$4.00K	$7.15K	$10.29K	$10.48K	—
Net Income, GAAP (USD)	$-734.59M	$10.10M	$-14.24M	$-15.23M	—
Operating Cash Flow (USD)	$-17.54M	$-22.81M	$582.89K	$-5.94M	—

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bar_chart Data from SEC EDGAR XBRL filings

Synced 1 week ago 5 years · 15 quarters

Sharplink, Inc.

Analytical Summary

5-Year Financial Trajectory

Bullish Indicators

Bearish Risks

Health Breakdown

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