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SharpLink Gaming (SharpLink Gaming) Net Margin %

: 103.30% (As of Dec. 2023)
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Net margin is calculated as Net Income divided by its Revenue. SharpLink Gaming's Net Income for the three months ended in Dec. 2023 was $-5.13 Mil. SharpLink Gaming's Revenue for the three months ended in Dec. 2023 was $-4.97 Mil. Therefore, SharpLink Gaming's net margin for the quarter that ended in Dec. 2023 was 103.30%.

The historical rank and industry rank for SharpLink Gaming's Net Margin % or its related term are showing as below:

SBET' s Net Margin % Range Over the Past 10 Years
Min: -2110.93   Med: -287.56   Max: -12.85
Current: -287.64


SBET's Net Margin % is ranked worse than
97.44% of 821 companies
in the Travel & Leisure industry
Industry Median: 4.75 vs SBET: -287.64

SharpLink Gaming Net Margin % Historical Data

The historical data trend for SharpLink Gaming's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

SharpLink Gaming Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
-12.85 -49.98 -2,110.93 -436.48 -287.56

SharpLink Gaming Quarterly Data
Dec19 Jun20 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 91.72 -83.30 -105.65 -87.16 103.30

Competitive Comparison

For the Gambling subindustry, SharpLink Gaming's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


SharpLink Gaming Net Margin % Distribution

For the Travel & Leisure industry and Consumer Cyclical sector, SharpLink Gaming's Net Margin % distribution charts can be found below:

* The bar in red indicates where SharpLink Gaming's Net Margin % falls into.



SharpLink Gaming Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

SharpLink Gaming's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-14.243/4.953
=-287.56 %

SharpLink Gaming's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=-5.129/-4.965
=103.30 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


SharpLink Gaming  (NAS:SBET) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


SharpLink Gaming Net Margin % Related Terms

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SharpLink Gaming (SharpLink Gaming) Business Description

Traded in Other Exchanges
N/A
Address
333 Washington Avenue North, Suite 104, Minneapolis, MN, USA, 55401
SharpLink Gaming Ltd is a online technology company that connects sports fans, leagues and sports websites to relevant and timely sports betting content. The Company has four operating segments: Affiliate Marketing Services-United States, Sports Gaming Client Services, Enterprise Telecom Expense Management (TEM) and Affiliate Marketing Services-International. Most of the revenue earned is from United states.
Executives
Thomas A Doering director 10202 E. JOURNEY LANE, SCOTTSDALE AZ 85255
Robert Michael Delucia officer: Chief Financial Officer 4400 CARILLON POINT, KIRKLAND WA 98033
Scott J Pollei director C/O DOLAN MEDIA COMPANY, 706 SECOND AVENUE SOUTH, SUITE 1200, MINNEAPOLIS MN 55402
Paul Abdo director 6412 CHEROKEE TRAIL, EDINA MN 55439
Christopher J Nicholas director, officer: Chief Operating Officer 91 WESTBURY, AVON CT 06001
Rob Phythian director, officer: Chief Executive Officer 1886 ELEANOR AVENUE, ST. PAUL MN 55116
Joseph Clifford Housman director 6820 105TH TRN, BROOKLYN PARK MN 55445
David Jay Abbott officer: Chief Technology Officer 17713 KINGSWAY PATH, LAKEVILLE MN 55044
Adrienne Anderson director 5911 NW 58TH TERRACE, PARKLAND FL 33067
Mintbroker International, Ltd. 10 percent owner ELIZABETH AVE. & BAY STREET, NASSAU C5 N-8340