EBET operates and develops award-winning, groundbreaking and engaging wagering products for bettors around the world. The company is focused on bringing better entertainment and technology solutions to cater to the Millennial and Gen-Z demographics in the wagering space. EBET operates online sportsbook and casino brands Karamba, Hopa, Griffon Casino, BetTarget, Dansk777, GenerationVIP and Gogawi, which have over 1.4 million deposited customers in more than 15 countries. The company recently was awarded Esport Product of the Year at the 2021 SiGMA Europe and the 2022 SiGMA Asia and SiGMA Americas Awards. Its brand Karamba received SBC’s award for Innovation in Casino & Gaming Entertainment and the 2022 SiGMA Americas award for Online Casino of the Year. EBET, Inc. was previously Esports Technologies Inc. The name changed on May 5, 2022, to better reflect the company’s business and mission.
Company profile
Ticker
EBET
Exchange
Website
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Endeavor Group Holdings Inc - Ordinary Shares • Warner Music Group Corp - Ordinary Shares • Live Nation Entertainment • TKO • Sphere Entertainment Co - Ordinary Shares • Wanda Sports • Bowlero Corp - Ordinary Shares • Atlanta Braves Holdings Inc - Ordinary Shares • Accel Entertainment Inc - Ordinary Shares • Dover Motorsports ...
Former names
eSports Technologies, Inc., Esports Technologies, Inc.
SEC CIK
Corporate docs
Subsidiaries
Global Esports Entertainment Group, LLC • Esports Tech Holdings LLC • Esportsbook Technologies Ltd. • ESEG Ltd. • Gogawi Entertainment Group • Esports Product Technologies Malta Ltd. • Esports Marketing Technologies Ltd. • Karamba Ltd. • Esports Product Trading Malta Limited ...
IRS number
853201309
EBET stock data
Latest filings (excl ownership)
8-K
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
18 Apr 24
10-Q
2024 Q1
Quarterly report
13 Feb 24
10-K/A
2023 FY
Annual report (amended)
29 Jan 24
10-K
2023 FY
Annual report
12 Jan 24
NT 10-K
Notice of late annual filing
29 Dec 23
8-K
Other Events
1 Dec 23
25-NSE
Exchange delisting
20 Nov 23
8-K
EBET Common Stock to Begin Trading on the OTC Pink Sheets on October 13
12 Oct 23
8-K
EBET Announces Reverse Stock Split
2 Oct 23
8-K
Entry into a Material Definitive Agreement
19 Sep 23
Transcripts
Latest ownership filings
SC 13G
CP BF Lending, LLC
14 Feb 24
SC 13G/A
CVI Investments, Inc.
14 Feb 24
4
Aaron Speach
3 Jan 24
4
Matthew Lourie
13 Mar 23
4
Aaron Speach
23 Feb 23
3
Initial statement of insider ownership
15 Feb 23
SC 13G
CP BF Lending, LLC
14 Feb 23
4
Christopher Downs
10 Feb 23
4
Matthew Lourie
10 Feb 23
4
Dennis Neilander
10 Feb 23
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Sep 23 | Sep 22 | Sep 21 | |
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Revenue | ||||
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Operating income | ||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 304.71 k | 304.71 k | 304.71 k | 304.71 k | 304.71 k | 304.71 k |
Cash burn (monthly) | 377.69 k | 431.79 k | 9.65 mm | 7.02 mm | 817.12 k | 833.85 k |
Cash used (since last report) | 2.59 mm | 2.96 mm | 66.12 mm | 48.11 mm | 5.60 mm | 5.71 mm |
Cash remaining | -2.28 mm | -2.65 mm | -65.81 mm | -47.81 mm | -5.30 mm | -5.41 mm |
Runway (months of cash) | -6.0 | -6.1 | -6.8 | -6.8 | -6.5 | -6.5 |
Institutional ownership, Q2 2023
36.1% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 25 |
Opened positions | 7 |
Closed positions | 7 |
Increased positions | 3 |
Reduced positions | 5 |
13F shares | Current |
---|---|
Total value | 1.83 bn |
Total shares | 5.41 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
CVI Investments | 1.96 mm | $1.82 mm |
Nantahala Capital Management | 1.07 mm | $125.72 mm |
NewGen Asset Management | 895.49 k | $105.67 mm |
CIBC World Markets | 580.26 k | $70.00 k |
We Are One Seven | 256.07 k | $30.22 mm |
VIRT Virtu Financial | 126.12 k | $15.00 k |
Millennium Management | 116.78 k | $13.78 mm |
Renaissance Technologies | 111.51 k | $13.00 k |
HRT Financial | 94.72 k | $11.00 k |
Geode Capital Management | 80.21 k | $9.47 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
29 Dec 23 | Aaron Speach | Common Stock | Sell | Dispose S | No | No | 0.01 | 6,667 | 66.67 | 18,955 |
1 Oct 23 | Aaron Speach | Common Stock | Option exercise | Acquire M | No | No | 0 | 834 | 0.00 | 25,622 |
1 Oct 23 | Aaron Speach | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 834 | 0.00 | 1,667 |
9 Mar 23 | Matthew Lourie | Common Stock | Option exercise | Acquire M | No | No | 0 | 7,500 | 0.00 | 45,000 |
9 Mar 23 | Matthew Lourie | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 7,500 | 0.00 | 57,250 |
22 Feb 23 | Aaron Speach | Common Stock | Buy | Acquire P | No | No | 0.54 | 18,611 | 10.05 k | 743,611 |
9 Feb 23 | Michael Nicklas | Common Stock | Option exercise | Acquire M | No | No | 0 | 6,300 | 0.00 | 6,300 |
9 Feb 23 | Michael Nicklas | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 6,300 | 0.00 | 100,000 |
9 Feb 23 | Matthew Lourie | Common Stock | Option exercise | Acquire M | No | No | 0 | 7,500 | 0.00 | 37,500 |
9 Feb 23 | Matthew Lourie | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 7,500 | 0.00 | 64,750 |