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General information

Country: UNITED STATES

Sector: Gambling

EBET, Inc. develops products and operates platforms to provide a real money online gambling experience focused on esports and competitive gaming. The company operates a portfolio of proprietary online casino and sportsbook brands consisting of Karamba, Hopa, Griffon Casino, BetTarget, Dansk777, and GenerationVIP. It also provides iGaming, which include online casino and table games, such as blackjack, virtual sport computer simulated games, and slot machines, as well as traditional sports betting. The company was formerly known as Esports Technologies, Inc. and changed its name to EBET, Inc. in May 2022. EBET, Inc. was incorporated in 2020 and is based in Las Vegas, Nevada.
Website: ebet.gg


  • Bad financial results growth rate -33.3% (average between last period year over year growth for revenue and EBITDA), there is slowdown compared to average historical growth rates (27.5%)
  • Dividend yield for the last twelve months 0.0%
  • Free cash flow yield -205 856.6% (LTM)
  • Share price is 200.0% higher than minimum and 100.0% lower than maximum for the last 3 years
  • The company is overvalued by EV / LTM EBITDA multiple compared to target level (500.0x vs 30.0x)

Key Financials (Download financials)

Ticker: EBET
Share price, USD:  (0.0%)0.0003
year average price 0.0008  


year start price 0.0010 2025-01-12

max close price 0.0140 2025-03-11

min close price 0.0001 2025-05-19

current price 0.0003 2026-01-11
Common stocks: 25 908 006

Dividend Yield:  0.0%
EV / Sales: 2.2x
Margin (EBITDA LTM / Revenue): -90.5%

Target EV / EBITDA (hist percentile): 30.0x
EV / LTM EBITDA mutiple calculation
Market Cap ($m): 0
Net Debt ($m): 46
EV (Enterprise Value): 46
EBITDA LTM (млн $): -19
Price to Book: 0.0x

Revenue and EBITDA

Quarterly values ($m)

Change (y/y)

Cash Flow

FCF ($m)

Net Debt / Cash and Equivalents ($m)

Share price and dividends (Download history)

Share price

Payment USD per share

Multiple and potential

EV / EBITDA

Potential dynamics

News


2023-10-02The Motley Fool

Why Ebet Stock Is Plummeting Today

2023-08-16InvestorPlace

Why Is Ebet (EBET) Stock Up 36% Today?

2023-06-20InvestorPlace

Why Is EBET (EBET) Stock Up 71% Today?
More information for subscribed users:
detailed calculation of
Fundamental value created in LTM

Financial reporting

Income Statement

Property 2024 q1 2023 q4 2023 q3 2023 q2 2023 q1 2022 q4 2022 q3
date 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30
symbol EBET EBET EBET EBET EBET EBET EBET
reportedCurrency USD USD USD USD USD USD USD
cik 2M 2M 2M 2M 2M 2M 2M
fillingDate 2024-05-20 2024-02-13 2024-01-12 2023-08-14 2023-05-12 2023-02-10 2023-01-13
acceptedDate 2024-05-20 17:05:05 2024-02-13 16:34:41 2024-01-12 16:09:15 2023-08-14 09:25:31 2023-05-12 17:01:01 2023-02-10 17:00:46 2023-01-13 16:30:47
calendarYear 2024 2024 2023 2023 2023 2023 2022
period Q2 Q1 Q4 Q3 Q2 Q1 Q4
revenue 4M 4M 5M 8M 12M 14M 14M
costOfRevenue 2M 2M 3M 4M 7M 9M 8M
grossProfit 2M 2M 3M 4M 5M 6M 6M
grossProfitRatio 0.469 0.477 0.49 0.473 0.431 0.409 0.407
researchAndDevelopmentExpenses 164 662 132 964 333 408 280 201 242 035 294 073 723 518
generalAndAdministrativeExpenses 2M 3M 16M 4M 3M 3M 5M
sellingAndMarketingExpenses 1M 2M 2M 2M 2M 4M 5M
sellingGeneralAndAdministrativeExpenses 3M 4M 18M 6M 6M 8M 10M
otherExpenses 0 0 22M 29M 242 035 294 073 0
operatingExpenses 4M 5M 18M 6M 6M 8M 11M
costAndExpenses 5M 7M 21M 10M 13M 17M 19M
interestIncome 0 0 0 0 0 0 0
interestExpense 2M 2M 2M 10M 3M 3M 4M
depreciationAndAmortization 360 493 348 944 2M 2M 2M 2M 2M
ebitda -3M -2M -14M -158 662 845 613 -471 350 -3M
ebitdaratio -0.846 -0.44 -2.664 -0.02 0.073 -0.033 -0.218
operatingIncome -2M -3M -28M -35M -964 448 -2M -5M
operatingIncomeRatio -0.546 -0.592 -5.343 -4.355 -0.083 -0.15 -0.342
totalOtherIncomeExpensesNet -3M -1M -12M -32M -3M -5M -7M
incomeBeforeTax -5M -4M -29M -44M -4M -8M -12M
incomeBeforeTaxRatio -1.432 -0.892 -5.551 -5.484 -0.346 -0.525 -0.821
incomeTaxExpense 0 0 2M 992 274 6M 1536.969 -1M
netIncome -5M -4M -29M -44M -10M -8M -10M
netIncomeRatio -1.432 -0.892 -5.551 -5.484 -0.842 -0.525 -0.722
eps -0.34 -0.25 -10.56 -50.64 -0.44 -0.44 -695.12
epsdiluted -0.34 -0.25 -10.56 -50.64 -0.44 -0.44 -695.12
weightedAverageShsOut 15M 15M 3M 863 600 22M 17M 15M
weightedAverageShsOutDil 15M 15M 3M 863 600 22M 17M 15M
link Link Link Link Link Link Link Link
finalLink Link Link Link Link Link Link Link

Balance Sheet Statement

Property 2024 q1 2023 q4 2023 q3 2023 q2 2023 q1 2022 q4 2022 q3
date 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30
symbol EBET EBET EBET EBET EBET EBET EBET
reportedCurrency USD USD USD USD USD USD USD
cik 2M 2M 2M 2M 2M 2M 2M
fillingDate 2024-05-20 2024-02-13 2024-01-12 2023-08-14 2023-05-12 2023-02-10 2023-01-13
acceptedDate 2024-05-20 17:05:05 2024-02-13 16:34:41 2024-01-12 16:09:15 2023-08-14 09:25:31 2023-05-12 17:01:01 2023-02-10 17:00:46 2023-01-13 16:30:47
calendarYear 2024 2024 2023 2023 2023 2023 2022
period Q2 Q1 Q4 Q3 Q2 Q1 Q4
cashAndCashEquivalents 632 975 539 327 304 709 1M 3M 6M 5M
shortTermInvestments 0 0 0 0 0 0 0
cashAndShortTermInvestments 632 975 539 327 304 709 1M 3M 6M 5M
netReceivables 552 358 786 751 643 254 994 312 2M 2M 2M
inventory 0 0 0 0 0 0 0
otherCurrentAssets 990 331 1M 1M 1M 1M 2M 129 975
totalCurrentAssets 2M 2M 2M 4M 6M 9M 10M
propertyPlantEquipmentNet 94 009 132 120 161 213 347 817 533 409 580 920 546 408
goodwill 9M 9M 9M 17M 34M 34M 31M
intangibleAssets 3M 4M 4M 10M 27M 28M 28M
goodwillAndIntangibleAssets 12M 13M 13M 27M 61M 62M 58M
longTermInvestments 0 0 0 0 0 0 0
taxAssets 0 0 0 0 0 0 0
otherNonCurrentAssets 0 0 0 0 0 0 0
totalNonCurrentAssets 12M 13M 13M 27M 62M 63M 59M
otherAssets 0 0 0 0 0 9561 0
totalAssets 15M 15M 15M 31M 68M 72M 69M
accountPayables 23M 24M 0 0 0 0 0
shortTermDebt 46M 43M 39M 39M 20M 23M 21M
taxPayables 0 0 0 0 0 0 0
deferredRevenue 0 0 0 0 0 0 0
otherCurrentLiabilities 821 298 944 280 24M 10M 10M 16M 15M
totalCurrentLiabilities 70M 67M 63M 50M 30M 38M 36M
longTermDebt 586 472 572 888 559 597 546 634 13M 12M 11M
deferredRevenueNonCurrent 0 0 0 0 0 0 0
deferredTaxLiabilitiesNonCurrent 0 0 0 0 0 0 0
otherNonCurrentLiabilities 0 0 0 0 0 0 -10M
totalNonCurrentLiabilities 586 472 572 888 559 597 546 634 13M 12M 11M
otherLiabilities 0 0 0 0 0 0 0
capitalLeaseObligations 0 0 0 0 79 720 105 226 129 974
totalLiabilities 71M 68M 64M 50M 43M 51M 47M
preferredStock 0 0 0 32 38 38 38
commonStock 14 980 14 980 14 980 34 218 25 144 17 275 16 654
retainedEarnings -160M -155M -151M -122M -77M -72M -63M
accumulatedOtherComprehensiveIncomeLoss 118 037 -1M -532 401 462 306 320 027 -1M -7M
othertotalStockholdersEquity 104M 103M 103M 103M 103M 94M 92M
totalStockholdersEquity -56M -52M -48M -19M 26M 21M 22M
totalEquity -56M -52M -48M -19M 26M 21M 22M
totalLiabilitiesAndStockholdersEquity 15M 15M 15M 31M 68M 72M 69M
minorityInterest 0 0 0 0 0 0 0
totalLiabilitiesAndTotalEquity 15M 15M 15M 31M 68M 72M 69M
totalInvestments 0 0 0 0 0 0 0
totalDebt 47M 43M 40M 40M 33M 35M 32M
netDebt 46M 43M 40M 38M 30M 29M 27M
link Link Link Link Link Link Link Link
finalLink Link Link Link Link Link Link Link

Cash Flow Statement

Property 2024 q1 2023 q4 2023 q3 2023 q2 2023 q1 2022 q4 2022 q3
date 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30
symbol EBET EBET EBET EBET EBET EBET EBET
reportedCurrency USD USD USD USD USD USD USD
cik 2M 2M 2M 2M 2M 2M 2M
fillingDate 2024-05-20 2024-02-13 2024-01-12 2023-08-14 2023-05-12 2023-02-10 2023-01-13
acceptedDate 2024-05-20 17:05:05 2024-02-13 16:34:41 2024-01-12 16:09:15 2023-08-14 09:25:31 2023-05-12 17:01:01 2023-02-10 17:00:46 2023-01-13 16:30:47
calendarYear 2024 2024 2023 2023 2023 2023 2022
period Q2 Q1 Q4 Q3 Q2 Q1 Q4
netIncome -5M -4M -29M -44M -4M -8M -12M
depreciationAndAmortization 360 493 348 944 2M 2M 2M 2M 2M
deferredIncomeTax 0 -3M 12M 32M 0 0 0
stockBasedCompensation 214 625 240 828 176 555 233 436 377 695 503 105 1M
changeInWorkingCapital -377 370 3M 13M 990 546 -5M -98 325 356 051
accountsReceivables 218 568 -114 583 332 949 787 857 257 784 -223 384 -195 874
inventory 0 0 -13M 0 0 0 0
accountsPayables -625 414 3M 13M 0 -6M -67 499 134 438
otherWorkingCapital 29 476 194 670 12M 202 689 131 719 192 558 417 487
otherNonCashItems 1M 2M 12 963 8M 2M 4M 6M
netCashProvidedByOperatingActivities -3M -683 698 -2M -307 584 -5M -2M -2M
investmentsInPropertyPlantAndEquipment -3 0 -49 -133 -3004 -8204 -59 433
acquisitionsNet 0 0 0 0 0 0 -6000
purchasesOfInvestments 0 0 0 0 0 0 0
salesMaturitiesOfInvestments 0 0 0 0 0 0 0
otherInvestingActivites 3 0 23 770 0 0 0 0
netCashUsedForInvestingActivites 0 0 23 721 -133 -3004 -8204 -65 433
debtRepayment 2M 2M -2M -2M 0 0 0
commonStockIssued 0 0 0 0 0 0 14 196
commonStockRepurchased 0 0 0 0 0 0 0
dividendsPaid 0 0 0 0 0 0 -1M
otherFinancingActivites 0 0 8M 0 3M 973 965 979 540
netCashUsedProvidedByFinancingActivities 2M 2M 2M -2M 3M 973 965 -489 530
effectOfForexChangesOnCash 1M -981 684 -355 454 276 428 150 533 1M 2M
netChangeInCash 93 648 234 618 -1M -2M -2M 339 774 -1M
cashAtEndOfPeriod 632 975 539 327 304 709 1M 3M 6M 5M
cashAtBeginningOfPeriod 539 327 304 709 1M 3M 6M 5M 7M
operatingCashFlow -3M -683 698 -2M -307 584 -5M -2M -2M
capitalExpenditure -3 0 -49 -133 -3004 -8204 -59 433
freeCashFlow -3M -683 698 -2M -307 717 -5M -2M -3M
link Link Link Link Link Link Link Link
finalLink Link Link Link Link Link Link Link

Earning call transcript

2021 q4
2022-02-09 ET (fiscal 2022 q1)

SEC forms

Show financial reports only

SEC form 10
2024-05-20 00:00 ET
EBET, Inc. reported for 2024 q1
SEC form 10
2024-02-13 00:00 ET
EBET, Inc. reported for 2023 q4
SEC form 10
2024-01-12 16:09 ET
EBET, Inc. reported for 2023 q3
SEC form 10
2024-01-12 00:00 ET
EBET, Inc. reported for 2023 q3
SEC form 6
2023-08-28 08:11 ET
EBET, Inc. published news for 2023 q2
SEC form 6
2023-08-21 08:30 ET
EBET, Inc. published news for 2023 q2
SEC form 10
2023-08-14 09:25 ET
EBET, Inc. reported for 2023 q2
SEC form 6
2023-08-14 09:00 ET
EBET, Inc. published news for 2023 q2
SEC form 10
2023-08-14 00:00 ET
EBET, Inc. reported for 2023 q2
SEC form 6
2023-08-07 09:11 ET
EBET, Inc. published news for 2023 q2
SEC form 6
2023-08-04 09:00 ET
EBET, Inc. published news for 2023 q2
SEC form 6
2023-07-28 16:47 ET
EBET, Inc. published news for 2023 q2
SEC form 6
2023-07-20 17:00 ET
EBET, Inc. published news for 2023 q2
SEC form 6
2023-07-03 16:32 ET
EBET, Inc. published news for 2023 q2
SEC form 6
2023-06-22 09:00 ET
EBET, Inc. published news for 2023 q1
SEC form 6
2023-05-31 17:27 ET
EBET, Inc. published news for 2023 q1
SEC form 6
2023-05-30 17:00 ET
EBET, Inc. published news for 2023 q1
SEC form 10
2023-05-12 17:01 ET
EBET, Inc. reported for 2023 q1
SEC form 10
2023-05-12 00:00 ET
EBET, Inc. reported for 2023 q1
SEC form 6
2023-05-09 16:30 ET
EBET, Inc. published news for 2023 q1
SEC form 6
2023-05-08 09:15 ET
EBET, Inc. published news for 2023 q1
SEC form 6
2023-05-03 17:15 ET
EBET, Inc. published news for 2023 q1
SEC form 6
2023-04-28 16:06 ET
EBET, Inc. published news for 2023 q1
SEC form 6
2023-03-27 09:01 ET
EBET, Inc. published news for 2022 q4
SEC form 6
2023-03-14 17:00 ET
EBET, Inc. published news for 2022 q4
SEC form 6
2023-02-16 16:30 ET
EBET, Inc. published news for 2022 q4
SEC form 10
2023-02-10 17:00 ET
EBET, Inc. reported for 2022 q4
SEC form 10
2023-02-10 00:00 ET
EBET, Inc. reported for 2022 q4
SEC form 6
2023-02-02 09:35 ET
EBET, Inc. published news for 2022 q4
SEC form 6
2023-02-01 17:29 ET
EBET, Inc. published news for 2022 q4
SEC form 6
2023-01-27 16:56 ET
EBET, Inc. published news for 2022 q4
SEC form 10
2023-01-13 16:30 ET
EBET, Inc. reported for 2022 q3
SEC form 10
2023-01-13 00:00 ET
EBET, Inc. reported for 2022 q3
SEC form 6
2023-01-03 09:17 ET
EBET, Inc. published news for 2022 q4
SEC form 6
2022-12-29 16:30 ET
EBET, Inc. published news for 2022 q3
SEC form 6
2022-12-22 16:30 ET
EBET, Inc. published news for 2022 q3
SEC form 6
2022-12-06 16:30 ET
EBET, Inc. published news for 2022 q3
SEC form 6
2022-11-23 17:00 ET
EBET, Inc. published news for 2022 q3
SEC form 6
2022-11-04 17:00 ET
EBET, Inc. published news for 2022 q3
SEC form 6
2022-10-06 17:06 ET
EBET, Inc. published news for 2022 q3
SEC form 6
2022-09-21 09:20 ET
EBET, Inc. published news for 2022 q2
SEC form 8
2022-09-21 00:00 ET
EBET, Inc. published news for 2022 q2
SEC form 6
2022-09-09 17:20 ET
EBET, Inc. published news for 2022 q2
SEC form 6
2022-09-09 17:15 ET
EBET, Inc. published news for 2022 q2
SEC form 6
2022-08-19 17:00 ET
EBET, Inc. published news for 2022 q2
SEC form 10
2022-08-15 17:46 ET
EBET, Inc. published news for 2022 q2
SEC form 6
2022-08-15 09:44 ET
EBET, Inc. published news for 2022 q2
SEC form 10
2022-08-15 00:00 ET
EBET, Inc. reported for 2022 q2
SEC form 8
2022-08-15 00:00 ET
EBET, Inc. published news for 2022 q2
SEC form 6
2022-08-05 16:30 ET
EBET, Inc. published news for 2022 q2
SEC form 6
2022-06-22 09:09 ET
EBET, Inc. published news for 2022 q1
SEC form 6
2022-06-17 09:00 ET
EBET, Inc. published news for 2022 q1
SEC form 6
2022-06-10 17:11 ET
EBET, Inc. published news for 2022 q1
SEC form 6
2022-06-08 08:45 ET
EBET, Inc. published news for 2022 q1
SEC form 6
2022-06-06 17:18 ET
EBET, Inc. published news for 2022 q1
SEC form 10
2022-05-16 17:05 ET
EBET, Inc. published news for 2022 q1
SEC form 10
2022-05-16 00:00 ET
EBET, Inc. reported for 2022 q1
SEC form 6
2022-05-10 09:07 ET
EBET, Inc. published news for 2022 q1
SEC form 8
2022-05-10 00:00 ET
EBET, Inc. published news for 2022 q1
SEC form 6
2022-05-05 08:00 ET
EBET, Inc. published news for 2022 q1
SEC form 6
2022-02-14 09:00 ET
EBET, Inc. published news for 2021 q4
SEC form 10
2022-02-11 08:30 ET
EBET, Inc. published news for 2021 q4
SEC form 10
2022-02-11 00:00 ET
EBET, Inc. published news for 2021 q4
SEC form 6
2022-02-09 16:37 ET
EBET, Inc. published news for 2021 q4
SEC form 8
2022-02-09 00:00 ET
EBET, Inc. published news for 2021 q4
SEC form 6
2022-01-21 17:27 ET
EBET, Inc. published news for 2021 q4
SEC form 6
2022-01-12 17:22 ET
EBET, Inc. published news for 2021 q4
SEC form 6
2021-12-30 17:00 ET
EBET, Inc. published news for 2021 q3
SEC form 10
2021-12-23 16:30 ET
EBET, Inc. published news for 2021 q3
SEC form 10
2021-12-23 00:00 ET
EBET, Inc. published news for 2021 q3
SEC form 6
2021-12-01 08:49 ET
EBET, Inc. published news for 2021 q3
SEC form 6
2021-11-09 17:00 ET
EBET, Inc. published news for 2021 q3
SEC form 6
2021-10-01 08:53 ET
EBET, Inc. published news for 2021 q3
SEC form 6
2021-09-21 16:30 ET
EBET, Inc. published news for 2021 q2
SEC form 10
2021-08-13 16:31 ET
EBET, Inc. published news for 2021 q2
SEC form 10
2021-08-13 00:00 ET
EBET, Inc. published news for 2021 q2
SEC form 6
2021-05-21 16:24 ET
EBET, Inc. published news for 2021 q1
SEC form 10
2021-05-17 17:00 ET
EBET, Inc. published news for 2021 q1
SEC form 10
2021-05-17 00:00 ET
EBET, Inc. published news for 2021 q1
SEC form 6
2021-05-12 16:54 ET
EBET, Inc. published news for 2021 q1