SBET Q1 2023 Earnings — SharpLink Gaming Ltd. Revenue & Financial Results | Market Cap Arena

SBETSharpLink Gaming Ltd.

$1B

Q1 2023 Earnings

Consumer Cyclical Gambling, Resorts & Casinos

Income Statement

Revenue

$1M-35.0% YoY

Gross Profit

$390,07931.6% margin

Operating Income

-$2M-134.3% margin

Net Income

-$3M-229.1% margin

EPS (Diluted)

$-120.46

QoQ Revenue Growth

-47.5%

Cash Flow

Operating Cash Flow

-$3M

Free Cash Flow

-$3M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$60M

Total Liabilities

$59M

Stockholders' Equity

$1M

Cash & Equivalents

$29M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1M	$2M	-35.0%
Gross Profit	$390,079	$627,433	-37.8%
Operating Income	-$2M	-$7M	+76.1%
Net Income	-$3M	-$7M	+59.9%

Revenue Segments

Rest Of World

$1M78%

UNITED STATES

$279,77622%

Geographic Segments

Rest Of World

$1M78%

UNITED STATES

$279,77622%