SBET (SharpLink Gaming) Retained Earnings : $-77.81 Mil (As of Dec. 2024)

View and export this data going back to 2021. Start your Free Trial

What is SharpLink Gaming Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. SharpLink Gaming's retained earnings for the quarter that ended in Dec. 2024 was $-77.81 Mil.

SharpLink Gaming's quarterly retained earnings declined from Jun. 2024 ($-76.02 Mil) to Sep. 2024 ($-76.91 Mil) and declined from Sep. 2024 ($-76.91 Mil) to Dec. 2024 ($-77.81 Mil).

SharpLink Gaming's annual retained earnings declined from Dec. 2022 ($-73.57 Mil) to Dec. 2023 ($-87.86 Mil) but then increased from Dec. 2023 ($-87.86 Mil) to Dec. 2024 ($-77.81 Mil).

SharpLink Gaming Retained Earnings Historical Data

The historical data trend for SharpLink Gaming's Retained Earnings 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 Retained Earnings Chart

SharpLink Gaming Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Retained Earnings

Get a 7-Day Free Trial

-2.69

-58.33

-73.57

-87.86

-77.81

SharpLink Gaming Quarterly Data
	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Retained Earnings	Get a 7-Day Free Trial										-87.86	-75.56	-76.02	-76.91	-77.81

SharpLink Gaming Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

SharpLink Gaming (NAS:SBET) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

SharpLink Gaming Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » SharpLink Gaming Inc (NAS:SBET) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

333 Washington Avenue North, Suite 104, Minneapolis, MN, USA, 55401

Website

https://www.sharplink.com

SharpLink Gaming Inc is a online technology company that connects sports fans, leagues and sports websites to relevant and timely sports betting content. The company owns a performance marketing platform through which the Company owns and operates state-specific web domains designed to attract, acquire, and drive local sports betting and casino traffic directly to its sportsbook and casino partners which are licensed to operate in each respective state. The Company has two operating segments: Affiliate Marketing Services-United States and Affiliate Marketing Services-International. The company generates the majority of the revenue earned from the Affiliate Marketing Services-International segment.

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