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Sharplink, Inc. cash flow statement

In fiscal 2025, Sharplink, Inc.'s operations generated −$17.5m of cash; it spent $11,000 on capital projects, leaving free cash flow of −$17.6m. It returned $31.7m through buybacks.

Cash flow statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Cash from operations−61−23−18−33
Depreciation and amortisation1000—
Stock-based pay2001419
Capital spending00000
Free cash flow−61−23−18−33
Free cash flow after stock pay−80−23−31−53
Share buybacks———32—
Shares issued—012,147—

Free cash flow is cash from operations minus capital spending. Free cash flow after stock pay also subtracts stock-based compensation, a real cost to shareholders that the cash flow statement adds back. Dividends, buybacks and shares issued are cash amounts for the period.

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Figures from Sharplink, Inc.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Sharplink, Inc.