Ebet, Inc. - Understand $ebet stock

$EBET Market Cap: $10.49 Thousand

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$21.00M

TTM

Gross Margin

47.72%

TTM

Net Earnings

-$81.54M

TTM

Current Assets

$2.176M

Q1 2024

Current Liabilities

$70.14M

Q1 2024

Current Ratio

3.1%

Q1 2024

Total Assets

$14.55M

Q1 2024

Total Liabilities

$70.73M

Q1 2024

Book Value

-$56.18M

Q1 2024

Cash

$633.0K

Q1 2024

P/E

-0.0001286

Nov 29, 2024 EST

Free Cash Flow

-$6.861M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019
Revenue	$39.18M	$58.60M	$164.8K	$200.0K	$140.0K
YoY Change	-33.14%	35454.04%	-17.6%	42.86%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019
Revenue	$39.18M	$58.60M	$164.8K	$200.0K	$140.0K
Cost Of Revenue	$21.97M	$36.01M	$37.74K	$110.0K	$70.00K
Gross Profit	$17.20M	$22.58M	$127.1K	$80.00K	$70.00K
Gross Profit Margin	43.91%	38.54%	77.1%	40.0%	50.0%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019
Selling, General & Admin	$36.84M	$45.14M	$10.37M	$190.0K	$50.00K
YoY Change	-18.38%	335.29%	5358.12%	280.0%
% of Gross Profit	214.17%	199.89%	8161.19%	237.5%	71.43%
Research & Development	$1.074M	$3.473M	$2.843M
YoY Change	-69.08%	22.16%
% of Gross Profit	6.24%	15.38%	2237.31%
Depreciation & Amortization	$6.971M	$6.377M	$390.3K
YoY Change	9.31%	1533.99%
% of Gross Profit	40.52%	28.24%	307.15%
Operating Expenses	$82.91M	$55.23M	$13.47M	$190.0K	$50.00K
YoY Change	50.13%	309.88%	6991.6%	280.0%
Operating Profit	-$65.71M	-$32.64M	-$13.35M	-$110.0K	$20.00K
YoY Change	101.29%	144.58%	12033.61%	-650.0%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019
Interest Expense	$17.11M	$9.895M	-$1.751M	-$150.0K	$0.00
YoY Change	72.96%	-665.18%	1067.13%
% of Operating Profit					0.0%
Other Income/Expense, Net	-$18.54M	-$8.783M	$0.00	-$50.00K	$0.00
YoY Change	111.03%		-100.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019
Pretax Income	-$84.24M	-$41.43M	-$15.20M	-$570.0K	$20.00K
YoY Change	103.35%	172.55%	2566.67%	-2950.0%
Income Tax	$0.00	$0.00	$0.00	$0.00	$0.00
% Of Pretax Income					0.0%
Net Earnings	-$84.24M	-$41.43M	-$15.20M	-$570.0K	$20.00K
YoY Change	103.35%	172.55%	2566.67%	-2950.0%
Net Earnings / Revenue	-215.03%	-70.7%	-9222.75%	-285.0%	14.29%
Basic Earnings Per Share	-$32.23	$3.11	$1.33
Diluted Earnings Per Share	-$32.23	$3.11	-$1.334M	-$45.06K	$1.581K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019
Cash & Short-Term Investments	$304.7K	$5.486M	$9.065M	$0.00	$70.00K
YoY Change	-94.45%	-39.48%		-100.0%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets	$1.331M	$3.018M	$861.2K	$50.00K	$0.00
YoY Change	-55.9%	250.52%	1622.3%
Inventory
Prepaid Expenses
Receivables	$643.3K	$1.647M	$21.64K	$30.00K	$30.00K
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$2.279M	$10.15M	$9.948M	$80.00K	$90.00K
YoY Change	-77.55%	2.05%	12334.55%	-11.11%
Property, Plant & Equipment	$161.2K	$546.4K	$258.2K
YoY Change	-70.5%	111.58%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets	$12.83M	$58.75M	$4.115M	$2.290M	$20.00K
YoY Change	-78.17%	1327.74%	79.69%	11350.0%
Total Assets	$15.10M	$68.90M	$14.06M	$2.370M	$110.0K
YoY Change
Accounts Payable	$22.78M	$13.38M	$1.721M	$150.0K	$0.00
YoY Change	70.15%	677.7%	1047.4%
Accrued Expenses	$0.00	$130.0K	$170.5K
YoY Change	-100.0%	-23.78%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$39.25M	$21.20M	$1.396M
YoY Change	85.13%	1418.67%
Total Short-Term Liabilities	$62.97M	$35.99M	$3.347M	$220.0K	$30.00K
YoY Change	74.95%	975.43%	1421.15%	633.33%
Long-Term Debt	$559.6K	$11.15M	$463.9K	$120.0K	$0.00
YoY Change	-94.98%	2302.49%	286.61%
Other Long-Term Liabilities				$420.0K	$0.00
YoY Change
Total Long-Term Liabilities	$559.6K	$11.15M	$463.9K	$540.0K	$0.00
YoY Change	-94.98%	2302.49%	-14.09%
Total Liabilities	$63.52M	$47.14M	$3.810M	$760.0K	$30.00K
YoY Change	34.77%	1137.01%	401.38%	2433.33%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021
Basic Shares Outstanding	2.741M shares	14.84M shares	11.40M shares
Diluted Shares Outstanding	2.741M shares	14.84M shares	11.40M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $10.486 Thousand

About EBET, Inc.

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.

Industry: Services-Amusement & Recreation Services Peers: Galaxy Gaming, Inc. GAN Ltd LAS VEGAS SANDS CORP Lottery.com Inc. TABLE TRAC INC