EBET, Inc. engages in the provision of online gambling platforms focusing on internet gaming including casino, sportsbook, and electronic sports events. The company is headquartered in Las Vegas, Nevada and currently employs 28 full-time employees. The company went IPO on 2021-04-15. The firm operates under a Curacao gaming sublicense and under a strategic partnership with Aspire Global plc (Aspire), allowing the Company to provide online betting services to various countries around the world. The firm operates online casino and sportsbook brands consisting of Karamba, Hopa, Griffon Casino, BetTarget, Dansk777, and GenerationVIP. The company operates six online wagering brands, through Websites and mobile applications, where it accepts deposits and funds from its customers and offer its customers the ability to use those funds to wager on slot and table games, live casino games as well as virtual sport computer simulated games and sports betting. The firm is focused on bringing better i-gaming products to market in order to cater to the Millennial and Gen-Z demographics in the wagering space.
Financials in millions USD. Fiscal year is February - January.
Breakdown
TTM
09/30/2023
09/30/2022
09/30/2021
09/30/2020
09/30/2019
Revenue
20
39
58
0
0
0
Revenue Growth (YoY)
-66%
-33%
--
--
--
--
Cost of Revenue
10
21
36
0
0
0
Gross Profit
10
17
22
0
0
0
Selling, General & Admin
24
29
44
10
0
0
Research & Development
0
1
3
2
--
--
Operating Expenses
28
37
48
13
0
0
Other Non Operating Income (Expenses)
--
1
--
0
0
0
Pretax Income
-81
-84
-41
-15
0
0
Income Tax Expense
0
0
0
0
0
0
Net Income
-82
-88
-46
-15
0
0
Net Income Growth
115.99%
91%
206.99%
--
--
--
Shares Outstanding (Diluted)
14.97
2.74
0.49
0.37
12.65
12.65
Shares Change (YoY)
1,944%
454%
30%
-97%
0%
--
EPS (Diluted)
-5.5
-32.22
-93.35
-40
-0.05
0
EPS Growth
-89%
-65%
133%
79,916%
--
--
Free Cash Flow
-6
-10
-12
-8
0
0
Free Cash Flow Per Share
--
--
--
--
--
--
Gross Margin
50%
43.58%
37.93%
0%
0%
0%
Operating Margin
-90%
-48.71%
-43.1%
0%
0%
0%
Profit Margin
-409.99%
-225.64%
-79.31%
0%
0%
0%
Free Cash Flow Margin
-30%
-25.64%
-20.68%
0%
0%
0%
EBITDA
-14
-13
-19
-13
--
--
EBITDA Margin
-70%
-33.33%
-32.75%
0%
--
--
D&A For EBITDA
4
6
6
0
--
--
EBIT
-18
-19
-25
-13
0
0
EBIT Margin
-90%
-48.71%
-43.1%
0%
0%
0%
Effective Tax Rate
0%
0%
0%
0%
0%
0%
Follow-Up Questions
What are Ebet Inc's key financial statements?
According to the latest financial statement (Form-10K), Ebet Inc has a total asset of $15, Net loss of $-88
What are the key financial ratios for EBET?
Ebet Inc's Current ratio is 0.23, has a Net margin is -225.64, sales per share of $14.22.
How is Ebet Inc's revenue broken down by segment or geography?
Ebet Inc largest revenue segment is Esports and Competitive Gaming, at a revenue of 39,177,504 in the most earnings release.For geography, United States is the primary market for Ebet Inc, at a revenue of 39,177,504.
Is Ebet Inc profitable?
no, according to the latest financial statements, Ebet Inc has a net loss of $-88