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Ebet Inc   (EBET)
Other Ticker:  
 
    Sector  Services    Industry Movies and Entertainment
   Industry Movies and Entertainment
   Sector  Services
 
Price: $0.1996 $-0.06 -23.962%
Day's High: $0.219 Week Perf: -21.63 %
Day's Low: $ 0.16 30 Day Perf: 11.07 %
Volume (M): 590 52 Wk High: $ 0.96
Volume (M$): $ 118 52 Wk Avg: $0.17
Open: $0.21 52 Wk Low: $0.03



 Market Capitalization (Millions $) 3
 Shares Outstanding (Millions) 15
 Employees -
 Revenues (TTM) (Millions $) 21
 Net Income (TTM) (Millions $) -82
 Cash Flow (TTM) (Millions $) -3
 Capital Exp. (TTM) (Millions $) 0

Ebet Inc
Ebet Inc. is a technology company that specializes in developing and providing innovative software solutions for the gaming and betting industry. The company offers a wide range of products and services, including online betting platforms, casino management systems, sportsbook solutions, and mobile gaming solutions. Ebet Inc. aims to provide cutting-edge technology and user-friendly interfaces to enhance the gaming experience for both operators and players. Their solutions are designed to meet the specific needs of the gaming industry, such as real-time data analysis, risk management, and secure payment processing. Overall, Ebet Inc. strives to be a leading provider of advanced gaming technology solutions globally.


   Company Address: 3960 Howard Hughes Parkway, Suite 500 Las Vegas 89169 NV
   Company Phone Number: 411-2726   Stock Exchange / Ticker: EBET
   


   

Stock Performances by Major Competitors

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Ebet Inc

EBET Faces Challenges During Challenging Fiscal Quarter Ending Mar 31, 2024

Investors in the Movies and Entertainment sector were taken aback as the industry leader, Ebet Inc, reported a disastrous second quarter of 2024 financial report. The company saw a stark decline in revenue, fading by -69.583% to a mere $3.52 million. The net deficit per share also expanded to $-0.34, a worrying trend from the same reporting period a year ago.
This alarming performance stood in stark contrast to the overall trend in the Movies and Entertainment sector, which actually saw a revenue growth of 11.50% relative to the second quarter of 2023. It is concerning to note that while the industry saw growth, Ebet Inc experienced a substantial decline in revenue. Additionally, in the financial interval from January to March 31, 2024, Ebet Inc realized a net shortfall of $-5.046 million, higher than the previous year.

Ebet Inc

Ebet Inc faces an Uphill Battle: Unveiling the Struggles of the Fiscal First Quarter of 2024



Ebet Inc, a prominent player in the , recently released its fiscal first-quarter results for 2024. These results indicate several significant changes in key financial metrics compared to the same reporting period last year. Additionally, the company's stock has experienced notable fluctuations in value recently. In this article, we will analyze Ebet Inc's fiscal performance, emphasizing revenue, net income, accounts receivable, and stock value, to provide a comprehensive understanding of its current state.
Fiscal Performance Analysis
For the fiscal first quarter of 2024, Ebet Inc reported earnings per share (EPS) of $0.00, identical to the previous year. It also equaled the EPS from the preceding reporting period. Although the EPS remained constant, it is noteworthy that the company maintained profitability throughout these periods.

Ebet Inc

Ebet Inc Reports Steep Decline in Revenue, Signaling Challenging Quarter



- Ebet Inc, the Movies and Entertainment company, has experienced a significant decline in its financial performance during the fourth quarter of 2023. According to the latest financial report, the company recorded a net income of $0.00 per share, in contrast to $1.38 per share in the same quarter last year and $0.00 per share in the prior reporting period. Alongside this, the revenue plummeted by -63.498% to $5.21 million from $14.29 million a year ago and sequentially fell by -34.61% from $7.97 million.
The substantial drop in revenue reflects a challenging period for Ebet Inc, resulting in a net shortfall of $-28.944 million, which is significantly larger than the $-11.727 million reported in the corresponding quarter of the previous year. The company's struggles are further compounded by the level of accounts receivable, which has declined to $0.6 million. Analysts believe that this decline may be attributed to slowing demand within the industry.
In the broader context, Ebet Inc's financial period in 2023 witnessed a shortfall of $-84.24 million, accompanied by revenue of $39.18 million. These figures illustrate a decrease of -33.14% in earnings compared to $58.60 million reported in the prior financial year.

Ebet Inc

Ebet Inc Faces Revenue Tumble in Third Quarter of 2023, Impacting Movies and Entertainment Industry



The stock market is an ever-evolving landscape where companies face triumphs and setbacks. In the case of Ebet Inc, their third-quarter earnings season in 2023 presented a mixed bag of results. While the company achieved balanced books in terms of earnings per share, there were notable declines in revenue and an increased net deficit. This article will delve into these facts and their implications for Ebet Inc in the context of the broader Movies and Entertainment industry.
Earnings per Share and Revenue Decline:
Ebet Inc's earnings per share for Q3 2023 improved significantly compared to the same period a year ago. An impressive milestone was reached as the company achieved balanced books, reporting $0.00 per share, compared to a loss of $-0.70 per share in the previous year. However, it is crucial to note that this remained stagnant from the prior quarter.

Ebet Inc

EBET Inc's Revenue Faces Significant Deterioration in Financial Period Ending March 31, 2023

Ebet Inc is set to make waves in the market with its recent financial performance. Despite a decline in revenue, the company managed to turn its net deficit into a net shortfall, showcasing its ability to adapt and navigate through challenging times.
For the fiscal time-frame closing in March 2023, Ebet reached 0 of $0.00 per share, showing a steady improvement from its preceding reporting season. This shows that the company is taking the right steps towards growth and profitability.






 

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