Sharplink, Inc.
SBETFinancial ServicesNASDAQCapital Markets · Last scanned Jul 16, 2026
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Daily timeframePart of the financial services sector, Sharplink, Inc. (SBET) is listed under Capital Markets. At a $1.28B market cap, Sharplink, Inc. ranks as a small-cap company within financial services. The company operates as an institutional-grade Ethereum treasury platform.
Market Cap
$1.28B
Beta
10.48
P/E (TTM)
—
P/E (Fwd)
3.06
EPS (TTM)
$-9.07
EPS (Fwd)
$1.99
ROE
-163.1%
ROA
-101.4%
Cash
$16.9M
Total Debt
$0
Free CF
-$848.4M
52W Change
-83.7%
Annual Financials
Cash vs Debt
Sharplink, Inc. reports $16.9M in cash and $0 in total debt. Free cash flow is running at -$848.4M, which bears watching. Negative free cash flow can be acceptable during heavy investment periods but needs to improve over time. Return on equity stands at -163.1%, which is negative for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. Revenue has grown from $3.5M (2022) to $28.1M (2025), reflecting a 704% increase over the period.
Sharplink, Inc.'s elevated beta suggests the stock experiences more pronounced price movements than the overall market, which increases both upside potential and downside risk. Negative free cash flow means the company is currently spending more than it generates, which may require future fundraising or debt if the trend continues. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Sharplink, Inc.'s trajectory.