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SharpLink Gaming (SharpLink Gaming) Net Income : $0.93 Mil (TTM As of Mar. 2024)


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What is SharpLink Gaming Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. SharpLink Gaming's Net Income for the three months ended in Mar. 2024 was $12.35 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was $0.93 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. SharpLink Gaming's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was $3.45.


SharpLink Gaming Net Income Historical Data

The historical data trend for SharpLink Gaming's Net Income 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.

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SharpLink Gaming Net Income Chart

SharpLink Gaming Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
-0.31 -1.14 -55.64 -15.23 -14.24

SharpLink Gaming Quarterly Data
Dec19 Jun20 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.82 -3.44 -2.85 -5.13 12.35

SharpLink Gaming Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

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

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-11.233+-0.016+-2.995+0.00099999999999945
=-14.24

SharpLink Gaming's Net Income for the quarter that ended in Mar. 2024 is calculated as

Net Income(Q: Mar. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-1.755+-0.006+14.111+-1.7763568394003E-15
=12.35

Net Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.93 Mil.

* 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 Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

SharpLink Gaming's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2024 is calculated as

* 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.

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.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


SharpLink Gaming Net Income 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