Consumer Cyclical - Gambling, Resorts & Casinos - NASDAQ - US
$ 0.001
25 %
$ 15 K
Market Cap
0.0
P/E
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.[ Read More ]
The intrinsic value of one EBET stock under the base case scenario is HIDDEN Compared to the current market price of 0.001 USD, EBET, Inc. is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart EBET
FINANCIALS
39.2 M
REVENUE
-65.7 M
OPERATING INCOME
-84.2 M
NET INCOME
-10 M
OPERATING CASH FLOW
12.4 K
INVESTING CASH FLOW
3.55 M
FINANCING CASH FLOW
3.52 M
REVENUE
-1.92 M
OPERATING INCOME
-5.05 M
NET INCOME
-3.42 M
OPERATING CASH FLOW
0
INVESTING CASH FLOW
2.1 M
FINANCING CASH FLOW
Balance Sheet Decomposition
EBET, Inc.
| Current Assets | 2.28 M |
| Cash & Short-Term Investments | 305 K |
| Receivables | 643 K |
| Other Current Assets | 1.33 M |
| Non-Current Assets | 12.8 M |
| Long-Term Investments | 0 |
| PP&E | 161 K |
| Other Non-Current Assets | 12.7 M |
| Current Liabilities | 63 M |
| Accounts Payable | 22.8 M |
| Short-Term Debt | 39.3 M |
| Other Current Liabilities | 938 K |
| Non-Current Liabilities | 560 K |
| Long-Term Debt | 560 K |
| Other Non-Current Liabilities | 0 |
EFFICIENCY
Earnings Waterfall
EBET, Inc.
| Revenue | 39.2 M |
| Cost Of Revenue | 22 M |
| Gross Profit | 17.2 M |
| Operating Expenses | 38 M |
| Operating Income | -65.7 M |
| Other Expenses | 18.5 M |
| Net Income | -84.2 M |
RATIOS
43.91%
GROSS MARGIN
-167.72%
OPERATING MARGIN
-215.03%
NET MARGIN
173.99%
ROE
-557.74%
ROA
763.31%
ROIC
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
EBET, Inc.
| Net Income | -84.2 M |
| Depreciation & Amortization | 7.11 M |
| Capital Expenditures | -11.4 K |
| Stock-Based Compensation | 1.29 M |
| Change in Working Capital | 8.48 M |
| Others | 57.3 M |
| Free Cash Flow | -10 M |
Wall Street Analysts Price Targets
EBET, Inc.
EBET has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
0.00%
DIVIDEND YIELD
0 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
EBET, Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
66.7 USD 1
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
10 months ago
Dec 29, 2023
|
Sell 66.7 USD
|
Speach Aaron
Chief Executive Officer |
- 6667
|
0.01 USD |
|
1 year ago
Feb 22, 2023
|
Bought 10 K USD
|
Speach Aaron
CEO |
+ 18611
|
0.54 USD |
|
2 years ago
Dec 23, 2021
|
Sell 250 K USD
|
EBJT Management LLC
10 percent owner |
- 135700
|
1.84 USD |
|
2 years ago
Dec 23, 2021
|
Sell 13.5 K USD
|
EBJT Management LLC
10 percent owner |
- 13500
|
1 USD |
|
2 years ago
Dec 23, 2021
|
Sell 1.72 K USD
|
EBJT Management LLC
10 percent owner |
- 1725
|
1 USD |
|
2 years ago
Dec 23, 2021
|
Sell 5.5 K USD
|
EBJT Management LLC
10 percent owner |
- 55000
|
0.1 USD |
|
2 years ago
Dec 23, 2021
|
Sell 23.5 K USD
|
EBJT Management LLC
10 percent owner |
- 23500
|
1 USD |
|
2 years ago
Dec 23, 2021
|
Sell 8.33 K USD
|
EBJT Management LLC
10 percent owner |
- 83333
|
0.1 USD |
7. News
EBET Common Stock to Begin Trading on the OTC Pink Sheets on October 13
EBET to Cease from Trading on Nasdaq LAS VEGAS, NV / ACCESSWIRE / October 12, 2023 / EBET, Inc. ("EBET" or the "Company"), a global online i-gaming casino website operator, today announced that on October 12, 2023 it received formal notice from the NASDAQ Stock Market that the Company's common stock has been suspended from trading on the Nasdaq Capital Market effective October 13, 2023, due to failure to demonstrate compliance with Listing Rules 5550(a)(2) and 5550(b)(1). The Company's common stock will be quoted on the Pink Sheets platform operated by OTC Markets Group Inc. (the "OTC") and will commence trading on October 13, 2023 at the market open under the "EBET" ticker symbol.
accesswire.com
- 1 year ago
Why Ebet Stock Is Plummeting Today
Ebet recently announced a reverse stock split. Shareholders received one share of Ebet stock for every 30 shares they owned at Friday's market close.
fool.com
- 1 year ago
EBET Announces Structural Amendment and Expansion of its Senior Secured Credit Facility
Extends Forbearance Through June 2025 Defers Monthly Cash Interest Expense Increases Revolving Loan Capacity to $4,000,000 LAS VEGAS, NV / ACCESSWIRE / October 2, 2023 / EBET, Inc. ("EBET" or the "Company") (NASDAQ:EBET), a global online i-gaming casino website operator, today announced that it has amended its existing $30,000,000 Term Loan and increased borrowing availability by upsizing EBET's existing $2,000,000 discretionary Revolving Loan to $4,000,000 through a Second Amendment to Credit Agreement and an amendment to its existing Forbearance Agreement with CPBF Lending, LLC ("CPBF"), its lender (together, the "Amended Credit Agreements"). The Amended Credit Agreements allow EBET to convert all interest expense from current cash pay to pay-in-kind additions to principal (PIK) that will be due upon maturity, effectively deferring over $339,000 of monthly cash interest payments through the end of the forbearance period.
accesswire.com
- 1 year ago
EBET Announces Reverse Stock Split
LAS VEGAS, NV / ACCESSWIRE / September 29, 2023 / EBET, Inc., (NASDAQ:EBET) a leading global provider of advanced wagering products and technology, announced, today announced that it filed an amendment to articles of incorporation with the Secretary of State of the State of Nevada to effect a 1-for-30 reverse stock split of its common stock. The reverse stock split will take effect at 4:01 pm (Eastern Time) on September 29, 2023, and the Company's common stock will open for trading on The Nasdaq Capital Market on October 2, 2023 on a post-split basis, under the existing ticker symbol "EBET" but with a new CUSIP number 278700 208.
accesswire.com
- 1 year ago
Why Is Ebet (EBET) Stock Up 36% Today?
Ebet (NASDAQ: EBET ) stock is taking off on Wednesday despite a lack of news from the online gambling company. Traders of EBET stock are seeing the shares rallying without any new press releases or filings with the Securities and Exchange Commission (SEC).
investorplace.com
- 1 year ago
Why Is Ebet (EBET) Stock Up 45% Today?
Ebet (NASDAQ: EBET ) stock is taking off on Wednesday despite a lack of news from the online gambling company. There's been no new press release from the company, or filing with the Securities and Exchange Commission (SEC), that explains today's rally.
investorplace.com
- 1 year ago
EBET Initiates Review of Strategic Alternatives
The Board of Directors of EBET initiates a review of strategic alternatives to maximize value. LAS VEGAS, NV / ACCESSWIRE / July 26, 2023 / EBET, Inc. ("EBET" or the "Company") (NASDAQ:EBET), a leading global online casino operator, has announced today that its Board of Directors has decided to initiate a process to explore strategic alternatives for the Company to maximize the value of EBET's portfolio.
accesswire.com
- 1 year ago
Top 3 Consumer Stocks That Could Lead To Your Biggest Gains In Q3
The most oversold stocks in the consumer discretionary sector presents an opportunity to buy into undervalued companies.
benzinga.com
- 1 year ago
Why Is EBET (EBET) Stock Up 71% Today?
EBET (NASDAQ: EBET ) stock is taking off on Tuesday despite a lack of news concerning the online gambling and technology company. That means there are no new press releases or filings with the U.S. Securities and Exchange Commission (SEC) that explain the stock's rally today.
investorplace.com
- 1 year ago
Top 5 Consumer Stocks That May Explode In June - Advance Auto Parts (NYSE:AAP), EBET (NASDAQ:EBET)
The most oversold stocks in the consumer discretionary sector presents an opportunity to buy into undervalued companies.
benzinga.com
- 1 year ago
The Role of Fundamental Analysis in Penny Stock Investing
How fundamental analysis helps investing in penny stocks The post The Role of Fundamental Analysis in Penny Stock Investing appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
pennystocks.com
- 1 year ago
Penny Stocks To Buy? 5 With Big News This Week
Penny stocks with big news to watch before next week. The post Penny Stocks To Buy?
pennystocks.com
- 1 year ago
8. Profile Summary
EBET, Inc. EBET
COUNTRY
US
INDUSTRY
Gambling, Resorts & Casinos
MARKET CAP
$ 15 K
Dividend Yield
0.00%
Description
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.
Contact
197 East California Avenue, Las Vegas, NV, 89104
https://ebet.gg
IPO Date
April 15, 2021
Employees
28
Officers
Mr. Aaron Speach
Founder, President, Chairman of the Board & Chief Executive Officer
Mr. Matthew Lourie CPA
Chief Financial Officer