How many subsidiaries does Sharplink, Inc. file with the SEC?

8, listed in its most recent exhibit 21. They are incorporated across 7 jurisdictions, led by Delaware, Netherlands, Hong Kong. 1 of them sit in offshore financial centres. That exhibit is filed with the company's annual report and is the company's own list, not an estimate.

Is Sharplink, Inc. financially healthy?

Sharplink, Inc. scores 1 out of 7 on the Piotroski F-score. Only 7 of the nine tests could be computed from what it filed; the rest need a prior year it has not reported. Its Altman Z-score puts it in the safe zone. Every test and the numbers behind it are shown above, so the arithmetic is checkable rather than something you have to take on trust.

Who are the largest institutional holders of Sharplink, Inc.?

Among the managers tracked here, the biggest positions as of the 2026-Q2 13F filings are BlackRock, Inc. (adding), FMR LLC (trimming), GEODE CAPITAL MANAGEMENT, LLC (adding). Direction is the change in share count against that manager's own previous filing; managers with no prior filing are left out rather than counted as new buyers.

Sharplink, Inc. (SBET)

Nasdaq · Common Stock · Finance Services

One email a week from me: what it filed, which 13F holders added or cut, where its scores stand. Free.

Corporate structure

8 entities across 7 jurisdictions, 1 in offshore financial centres. Read directly from the company’s own 10-K EX-21 filed 2026-03-09 — see the exhibit.

Which other public companies file entities in the same places:

Delaware2 Netherlands1 Hong Kong1 Israel1 Minnesota1 Brazil1 Malta1

Subsidiaries of Sharplink, Inc. as disclosed in its SEC filing
Entity	Jurisdiction	Note
FourCubed Acquisition Company, LLC	Delaware
Management and Investment Company Bohera B.V.	Netherlands
MTS Asia ltd.	Hong Kong
SharpLink Gaming Ltd.	Israel
SharpLink, Inc.	Minnesota
SHGN Acquisition Corp.	Delaware
Tabs Brazil	Brazil
Trendfront Marketing International Limited	Malta	offshore centre

Financial health

Two standard screens, computed from the XBRL in FY2025 against FY2024. Every test shows the numbers behind it — a score with its inputs hidden is a number you cannot check.

Piotroski F-score

1 / 7

FAILReturn on assets positiveROA -30.2%
FAILOperating cash flow positiveOCF -18M
FAILReturn on assets improving392.8% → -30.2%
PASSCash flow exceeds earningsOCF -18M vs NI -735M
FAILLong-term debt ratio fallingno debt reported
FAILCurrent ratio improving5.23 → 2.44
FAILNo share dilution4M → 100M shares
FAILGross margin improvingno gross profit reported
FAILAsset turnover improving1.42× → 0.01×

Altman Z-score

85.35safe

Bankruptcy-risk screen combining working capital, retained earnings, operating income, market value against liabilities, and asset turnover. Above 2.99 is the safe zone; below 1.81 is distress.

Six-year record

Year	Revenue	Net income	Free cash flow	Gross margin	Shares
FY2022	$3.5M	−$15.2M	−$6.0M	37.7%	2,487,960
FY2023	$5.0M	−$14.2M	$570,740	30.9%	2,760,970
FY2024	$3.7M	$10.1M	−$22.8M	24.7%	4,047,057
FY2025	$28.1M	−$734.6M	−$17.6M	—	99,719,495

Ownership flow

11 institutions tracked — 8 added, 2 reduced, 1 opened a new position, 1 sold out. Index money added 18,384,682 shares while active managers cut 3,171,110.

Institutional holders of Sharplink, Inc. and their share-count change
Manager	Kind	Shares	Change	Value
BlackRock, Inc.	Index	16,139,807	+12,557,670	$77.5M
FMR LLC	Active fund	9,348,731	−9,213,124	$44.9M
RENAISSANCE TECHNOLOGIES LLC	Hedge fund	5,835,400	+4,022,894	$28.0M
GEODE CAPITAL MANAGEMENT, LLC	Index	5,472,724

Identity

CIK: 0001981535
LEI: 254900CZRMKT24A29H69
FIGI: BBG01KB9ZVR6
SIC: 6199 · Finance Services
Incorporated: DE
Headquarters: MIAMI, FL

Ownership

Institutional: 51.6%
Institutions: 228
Insiders: 7.4%

Ownership percentages are a vendor aggregate, not a filing — unlike everything else on this page.

Questions about Sharplink, Inc.

How many subsidiaries does Sharplink, Inc. file with the SEC?: 8, listed in its most recent exhibit 21. They are incorporated across 7 jurisdictions, led by Delaware, Netherlands, Hong Kong. 1 of them sit in offshore financial centres. That exhibit is filed with the company's annual report and is the company's own list, not an estimate.
Is Sharplink, Inc. financially healthy?: Sharplink, Inc. scores 1 out of 7 on the Piotroski F-score. Only 7 of the nine tests could be computed from what it filed; the rest need a prior year it has not reported. Its Altman Z-score puts it in the safe zone. Every test and the numbers behind it are shown above, so the arithmetic is checkable rather than something you have to take on trust.
Who are the largest institutional holders of Sharplink, Inc.?: Among the managers tracked here, the biggest positions as of the 2026-Q2 13F filings are BlackRock, Inc. (adding), FMR LLC (trimming), GEODE CAPITAL MANAGEMENT, LLC (adding). Direction is the change in share count against that manager's own previous filing; managers with no prior filing are left out rather than counted as new buyers.

This page is one panel of the terminal

The structure map above is the Corporate Blueprint, and in the desktop it is interactive — click any entity to re-centre the map on it and walk the ownership chain. It sits alongside the screener, the scorecard and the filings lab on one desk, on your machine.

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Sourced from SEC EDGAR primary filings. Figures are as reported by the company and are not investment advice. Scores are standard published screens computed from those filings; every input is shown above so you can check the arithmetic.