For the quarter ending 2025-09-30, SBET made $10,843,567 in revenue. $104,270,205 in net income. Net profit margin of 961.59%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Revenues and gains from operations | 10,843,567 | 697,291 | 741,731 | 823,441 |
| Realized gain on crypto assets at fair value, net | 6,307,776 | - | - | - |
| Unrealized gain on crypto assets at fair value, net | 107,326,140 | - | - | - |
| Cost of revenues | - | 488,202 | 609,936 | 657,155 |
| Total operating income | 113,633,916 | - | - | - |
| Gross profit | - | 209,089 | 131,795 | 166,286 |
| Cost of revenues from affiliate marketing | 430,569 | - | - | - |
| Selling, general, and administrative expenses | 12,045,432 | 2,333,167 | 1,057,339 | 1,242,413 |
| Stock-based compensation, related party | 130,620 | 16,379,368 | - | - |
| Impairment of crypto assets at cost | 6,950,189 | 87,813,295 | - | - |
| Realized gains on crypto assets, net | - | 5,373,583 | - | - |
| Goodwill and intangible asset impairment | - | - | - | 349,798 |
| Unrealized loss on crypto assets | - | 2,437,026 | - | - |
| Total operating expenses | 19,556,810 | - | - | 1,592,211 |
| Operating income (loss) | 104,920,673 | -103,380,184 | -925,544 | -1,076,127 |
| Interest income | - | - | - | 14,090 |
| Interest expense | - | - | - | 162,097 |
| Other income | - | - | - | 74,377.5 |
| Interest income | 118,948 | 36,935 | 11,932 | - |
| Change in fair value of convertible debenture and warrant liabilities | - | - | - | 85,835.5 |
| Other expense | - | - | 312 | - |
| Total other income | 118,948 | 36,935 | 11,620 | 12,206 |
| Net income (loss) before income taxes | 105,039,621 | -103,343,249 | -913,924 | -1,063,921 |
| Income tax expense | 792,346 | 27,286 | 2,808 | -55,745 |
| Net income (loss) from continuing operations | 104,247,275 | -103,370,535 | -916,732 | - |
| Net loss from continuing operations | - | - | - | -1,118,410.75 |
| Income (loss) from discontinued operations, net of tax, attributable to parent | - | - | - | 6,842,265.25 |
| Net income (loss) from discontinued operations, net of tax | 22,930 | -52,192 | -58,169 | - |
| Net income (loss) | 104,270,205 | -103,422,727 | -974,901 | 5,723,854.5 |
| Basic weighted average shares for continuing and discontinued operations | 149,056,400 | 24,202,467 | 531,226 | -6,569,229 |
| Diluted weighted average shares for continuing and discontinued operations | 167,172,597 | 24,202,467 | 531,226 | -7,890,082 |
| Net income (loss) per share - basic | 0.7 | -4.27 | -1.84 | -0.64 |
| Net income (loss) per share - diluted | 0.62 | -4.27 | -1.84 | -0.66 |
SharpLink Gaming, Inc. (SBET)
SharpLink Gaming, Inc. (SBET)