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Sharplink vs VerifyMe: revenue, profit, margins and growth compared

Sharplink brought in $28.1M of revenue in fiscal 2025, VerifyMe $16.4M in fiscal 2025. Revenue changed by +666.1% at Sharplink and -32.3% at VerifyMe on the year before, so Sharplink grew faster. Sharplink kept -2,618.4% of its revenue as net profit, VerifyMe -29.9%. Free cash flow was -$17.6M at Sharplink and $585K at VerifyMe.

Side by side, latest fiscal year

SBETVRME
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$28.1M$16.4M
Revenue growth+666.1%-32.3%
Net income-$734.6M-$4.9M
Net margin-2,618.4%-29.9%
Free cash flow-$17.6M$585K
Free cash flow margin-62.6%3.6%
Earnings per share (diluted)-$7.37-$0.39
Cash$28.5M$4.4M
Debtn/an/a
Price to earningsn/an/a
Market value$2.1B$12.6M
Dividend yieldn/an/a
Rank by revenue in sector#497 of 638 · Technology#526 of 638 · Technology

Over the years

Revenue
SBET FY2023: $3.5MSBET FY2023: $5MSBET FY2024: $3.7MSBET FY2025: $28.1MVRME FY2021: $343KVRME FY2020: $343KVRME FY2021: $867KVRME FY2021: $867KVRME FY2022: $19.6MVRME FY2023: $25.3MVRME FY2024: $24.2MVRME FY2025: $16.4MFY20FY21FY22FY23FY24FY25
SBET $28.1MVRME $16.4M
Net income
SBET FY2023: -$15.2MSBET FY2023: -$14.2MSBET FY2024: $10.1MSBET FY2025: -$734.6MVRME FY2021: -$5.9MVRME FY2020: -$5.9MVRME FY2021: $3.6MVRME FY2021: $3.6MVRME FY2022: -$14.4MVRME FY2023: -$3.4MVRME FY2024: -$3.8MVRME FY2025: -$4.9MFY20FY21FY22FY23FY24FY25
SBET -$734.6MVRME -$4.9M
Net margin
SBET FY2023: -436.5%SBET FY2023: -287.6%SBET FY2024: 275.8%SBET FY2025: -2,618.4%VRME FY2021: -1,720.7%VRME FY2020: -1,720.7%VRME FY2021: 416.6%VRME FY2021: 416.6%VRME FY2022: -73.5%VRME FY2023: -13.4%VRME FY2024: -15.8%VRME FY2025: -29.9%FY20FY21FY22FY23FY24FY25
SBET -2,618.4%VRME -29.9%
Revenue growth
SBET FY2023: +41.9%SBET FY2024: -26.1%SBET FY2025: +666.1%VRME FY2020: 0.0%VRME FY2021: +152.8%VRME FY2021: 0.0%VRME FY2022: +2,157.9%VRME FY2023: +29.3%VRME FY2024: -4.4%VRME FY2025: -32.3%FY20FY21FY22FY23FY24FY25
SBET +666.1%VRME -32.3%
Free cash flow
SBET FY2023: -$6MSBET FY2023: $570.7KSBET FY2024: -$22.8MSBET FY2025: -$17.6MVRME FY2021: -$3.3MVRME FY2023: $217KVRME FY2024: $864KVRME FY2025: $585KFY21FY23FY24FY25
SBET -$17.6MVRME $585K

Fiscal years as each company reports them; the two may end in different months.

Questions about Sharplink and VerifyMe

Which is bigger by revenue, Sharplink or VerifyMe?

Sharplink is bigger by revenue: $28.1M in fiscal 2025, against $16.4M for VerifyMe in fiscal 2025.

Which keeps more of its revenue as profit, Sharplink or VerifyMe?

Sharplink had a net margin of -2,618.4% in fiscal 2025; VerifyMe had -29.9% in fiscal 2025.

Which grew revenue faster, Sharplink or VerifyMe?

In their latest fiscal years revenue changed by +666.1% at Sharplink and -32.3% at VerifyMe.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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