Private company
SharpLink Gaming Ltd.
SharpLink Gaming Ltd. is a prepackaged software services company based in Minneapolis.1
Last updated Oct 20, 2026.
Overview
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2022
Where the money goes
Where each dollar of revenue went, fiscal 2022
- Cost of revenue34¢$6.2M
- Selling, general and admin65¢$11.9M
- Interest1¢$137.5K
- Income tax0¢$11.4K
Out of $7.3M in revenue.3 The company lost money this year.
Financial statements
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Revenue | $7.6M4 | $6.8M5 | $5.9M6 | $2.4M7 | $2.3M7 | $2.6M3 | $7.3M3 |
| Cost of revenue | $2.7M4 | $2.1M5 | $2.1M6 | $2.0M7 | $1.9M7 | $2.9M3 | $6.2M3 |
| Gross profit | $4.8M4 | $4.7M5 | $3.7M6 | $361.5K7 | $423.7K7 | -$299.4K3 | $1.1M3 |
| Research and development | $1.8M4 | $1.6M5 | $825.0K6 | $545.0K6 | |||
| Selling, general and admin | $743.3K7 | $1.6M7 | $9.9M3 | $11.9M3 | |||
| Operating expenses | $33.2M3 | $16.6M3 | |||||
| Operating income | -$883.0K4 | -$425.0K5 | -$823.0K6 | -$381.8K7 | -$1.2M7 | -$33.5M3 | -$15.5M3 |
| Interest | $20.0K7 | $1.4K7 | $010 | $137.5K3 | |||
| Income before tax | -$33.5M3 | -$15.3M3 | |||||
| Income tax | $63.0K4 | -$9.0K5 | $46.0K6 | -$79.9K7 | $9707 | $4.2K3 | $11.4K3 |
| Net income | -$5.2M4 | -$1.8M5 | -$1.2M6 | -$306.2K7 | -$1.1M7 | -$55.6M3 | -$15.2M3 |
| Earnings per share | -$3.943 | -$0.623 | |||||
| Shares (weighted, basic) | 14.3M shares3 | 24.9M shares3 | |||||
| Shares (weighted, diluted) | 14.3M shares10 | 24.9M shares10 |
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Cash | $1.1M5 | $1.2M5 | $1.1M5 | $1.8M7 | $2.6M7 | $7.8M7 | |
| Receivables | $956.6K3 | $823.5K3 | |||||
| Current assets | $7.8M11 | $4.2M4 | $3.4M5 | $4.1M6 | $3.2M7 | $9.5M3 | $53.9M3 |
| Property, plant and equipment | $55.1K3 | $60.2K3 | |||||
| Goodwill | $3.5M3 | $6.9M3 | |||||
| Intangible assets | $5.6M3 | $3.7M3 | |||||
| Total assets | $12.3M11 | $8.6M4 | $7.5M5 | $8.0M6 | $4.4M7 | $20.6M3 | $65.0M3 |
| Accounts payable | $813.6K3 | $851.0K3 | |||||
| Short-term debt | $1.0M3 | ||||||
| Current liabilities | $9.3M11 | $5.7M4 | $4.2M5 | $3.9M6 | $1.5M7 | $5.9M3 | $58.9M3 |
| Long-term debt | $2.9M3 | ||||||
| Total liabilities | $1.7M7 | $6.4M3 | $62.1M3 | ||||
| Retained earnings | -$58.3M3 | -$73.6M3 | |||||
| Shareholders’ equity | $1.9M5 | $1.7M6 | $1.2M7 | $3.1M7 | $1.4M3 | $14.2M3 | $3.0M3 |
| Shares outstanding | 8.7M shares12 | 3.1M shares11 | 3.3M shares4 | 3.6M shares5 | 4.4M shares6 | 22.4M shares7 | 26.9M shares3 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Cash from operations | $641.0K4 | -$422.0K5 | -$1.2M6 | $74.8K7 | -$769.1K7 | -$6.1M3 | -$5.9M3 |
| Depreciation and amortization | $206.2K3 | $1.2M3 | |||||
| Stock-based compensation | $1.7M3 | $2.5M3 | |||||
| Capital spending | $96.0K4 | $50.0K5 | $14.0K6 | $60.0K6 | $5.0K6 | $58.8K3 | $25.7K3 |
| Free cash flow | $545.0K | -$472.0K | -$1.2M | $14.8K | -$774.1K | -$6.1M | -$6.0M |
| Cash from investing | -$4.4M3 | $48.3M3 | |||||
| Dividends paid | |||||||
| Cash from financing | $15.7M3 | $2.7M3 |
Corporate structure
SharpLink Gaming Ltd. sits at the top of its group. 1 entity on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of SharpLink Gaming Ltd.
- L.I.A. Pure Capital Ltd Filed SC 13G/A on SharpLink Gaming Ltd., latest Jan 3, 2022
- Chaim Mer Filed SC 13D/A on SharpLink Gaming Ltd., latest Oct 21, 2021
- SportsHub Games Network, Inc. Filed SC 13D on SharpLink Gaming Ltd., latest Oct 6, 2021
- SharpLink Gaming Ltd. Minneapolis, Minnesota
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What SharpLink Gaming Ltd. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Accumulated depreciation | $100.7K3 Dec 31, 2022 | $87.0K3 Dec 31, 2021 | +15.8% |
| Property and equipment, net | $60.2K3 Dec 31, 2022 | $55.1K3 Dec 31, 2021 | +9.3% |
| Operating-lease assets (leased space) | $230.7K3 Dec 31, 2022 | $165.5K3 Dec 31, 2021 | +39.4% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $7.8M7 Dec 31, 2021 | $2.6M7 Dec 31, 2020 | +201.0% |
| Deposits held (banks) | $279.0K3 Dec 31, 2022 | $284.0K3 Dec 31, 2021 | −1.8% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $6.9M3 Dec 31, 2022 | $3.5M3 Dec 31, 2021 | +97.0% |
| Intangible assets, net (excluding goodwill) | $3.7M3 Dec 31, 2022 | $5.6M3 Dec 31, 2021 | −32.8% |
| Finite-lived intangibles, gross | $5.5M3 Dec 31, 2022 | $6.2M3 Dec 31, 2021 | −11.0% |
| Accumulated amortization | $1.8M3 Dec 31, 2022 | $633.9K3 Dec 31, 2021 | +179.9% |
| Finite-lived intangibles, net | $3.7M3 Dec 31, 2022 | $5.6M3 Dec 31, 2021 | −32.8% |
Leadership
Who has led SharpLink Gaming Ltd., and when. Pick a name to see everywhere that person has worked.
- Chief executive officerRob Phythian Feb 6, 2023 to Mar 8, 202313
- Chief financial officerRobert Michael Delucia Feb 6, 2023 to Mar 8, 202314
Board members and other officers (6)
- Board memberAdrienne Anderson Feb 6, 2023 to Feb 6, 202315
- Board memberJoseph Clifford Housman Feb 6, 2023 to Feb 6, 202316
- Board memberPaul Abdo Feb 6, 2023 to Feb 6, 202317
- Board memberRob Phythian Feb 6, 2023 to Mar 8, 202313
- Board memberScott J. Pollei Feb 6, 2023 to Feb 6, 202318
- Board memberThomas A. Doering Feb 6, 2023 to Oct 16, 202319
Named in SEC Form D filings
People the company listed in its private-offering notices.
- Executive OfficerChris Nicholas named Feb 24, 202320
Former names
- MER TELEMANAGEMENT SOLUTIONS LTDApr 2, 2002 to Jul 27, 20212
Timeline
- Feb 13, 20248-K Entered a material agreement; Change to shareholders' rights; Executive or director change21
- Feb 8, 20248-K Listing notice or transfer22
- Feb 2, 20248-K Other events23
- Jan 30, 20248-K Other events24
- Jan 24, 20248-K Entered a material agreement; Ended a material agreement; Completed an acquisition or sale25
- Dec 12, 20238-K Other events26
- Dec 6, 20238-K Shareholder vote27
- Nov 29, 20238-K Other events28
- Nov 24, 20238-K Listing notice or transfer29
- Oct 25, 20238-K Bylaws or fiscal year changed; Shareholder vote30
- Oct 17, 20238-K Other events31
- Sep 8, 20238-K Other events32
- Feb 6, 2023New chief executive Rob Phythian becomes CEO13
Filings
115 filings to the SEC since October 2021: 3 annual reports, 3 quarterly reports, 22 major events, 14 insider forms, 3 large holders, 1 private raises, 69 other. The latest 20:
- Feb 23, 202415-12G EDGAR
- Feb 13, 20248-K EDGAR
- Feb 13, 2024RW EDGAR
- Feb 13, 202425-NSE EDGAR
- Feb 8, 20248-K EDGAR
- Feb 2, 20248-K EDGAR
- Jan 30, 20248-K EDGAR
- Jan 24, 20248-K EDGAR
- Dec 12, 20238-K EDGAR
- Dec 6, 2023425 EDGAR
- Dec 6, 20238-K EDGAR
- Nov 29, 20238-K EDGAR
- Nov 24, 20238-K EDGAR
- Nov 13, 202310-Q EDGAR
- Oct 25, 2023DEFM14A EDGAR
- Oct 25, 20238-K EDGAR
- Oct 23, 2023EFFECT EDGAR
- Oct 17, 20238-K EDGAR
- Oct 16, 20234 EDGAR
- Oct 6, 2023S-1/A EDGAR
The 115 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
1 open-market trades by officers, directors and large owners since October 2021: 0 buys and 1 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Sep 29, 2023 | Doering Thomas ADirector | Sale | 27,390 | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- L.I.A. Pure Capital LtdSC 13G/A, 1 filing Jan 3, 202233
- Chaim MerSC 13D/A, 1 filing Oct 21, 202134
- SportsHub Games Network, Inc.SC 13D, 1 filing Oct 6, 202135
Money raised
Private offerings the company reported to the SEC on Form D.
- Feb 14, 2023Raised $4.4 million in a private offering of debt Form D: 1 investor so far Form D
SEC filer profile
How SharpLink Gaming Ltd. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARSharpLink Gaming Ltd.1
- CIK0001025561
- Filer statusNon-accelerated filer<br>smaller reporting company1
- Incorporated inIsrael1
- Fiscal year endsDecember 311
- Industry code (SIC)7372 Services-Prepackaged Software1
- SEC reviewing officeOffice of Technology, Division of Corporation Finance1
- Business address333 Washington Ave. N, Suite 104, Minneapolis, MN 554011
- Phone612-293-06191
- Shares outstanding2,863,734 as of Nov 13, 20239
- Public float$21.5M as of Jun 30, 20223
- On EDGAR sinceFeb 7, 20021
- Filings479 in all: 6-K (292), 20-F (21), 8-K (21), SC 13D/A (17), SC 13G/A (11), 424B3 (10), CORRESP (10), UPLOAD (10)1
All 40 form types
3 (9), SC 13D (7), SC 13G (7), 4 (6), EFFECT (6), F-3 (5), RW (4), S-8 (4), 10-Q (3), 20-F/A (3), F-3/A (3), S-1 (3), S-1/A (3), 425 (2), DEF 14A (2), NT 20-F (2), PRE 14A (2), S-4 (2), 10-K (1), 10-K/A (1), 15-12G (1), 25-NSE (1), 424B5 (1), 6-K/A (1), 8-K/A (1), AW (1), D (1), DEFM14A (1), NT 10-K (1), NT 10-Q (1), REGDEX (1), S-4/A (1)
- Latest filingsAnnual report (10-K) Apr 5, 2023
Quarterly report (10-Q) Nov 13, 2023
Proxy statement (DEF 14A) Sep 26, 2023
Latest 8-K (8-K) Feb 13, 2024
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
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- 6
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- 8
- 9
- 10
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- 12
- 13
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- 15SEC EDGARAdrienne Anderson, Board member
- 16
- 17SEC EDGARPaul Abdo, Board member
- 18SEC EDGARScott J. Pollei, Board member
- 19SEC EDGARThomas A. Doering, Board member
- 20
- 21
- 22SEC EDGARListing notice or transfer
- 23SEC EDGAROther events
- 24SEC EDGAROther events
- 25
- 26SEC EDGAROther events
- 27SEC EDGARShareholder vote
- 28SEC EDGAROther events
- 29SEC EDGARListing notice or transfer
- 30
- 31SEC EDGAROther events
- 32SEC EDGAROther events
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- 35