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Side-by-side financial comparison of electroCore, Inc. (ECOR) and SharpLink Gaming, Inc. (SBET). Click either name above to swap in a different company.

SharpLink Gaming, Inc. is the larger business by last-quarter revenue ($10.8M vs $9.2M, roughly 1.2× electroCore, Inc.). SharpLink Gaming, Inc. runs the higher net margin — 961.6% vs -32.8%, a 994.4% gap on every dollar of revenue. On growth, SharpLink Gaming, Inc. posted the faster year-over-year revenue change (1129.9% vs 31.2%).

electroCore, Inc. is a medical technology company based in Basking Ridge, New Jersey. electroCore was co-founded in 2005 by JP Errico, Thomas J. Errico, MD, Charles Theofilos, MD, and Peter Staats, MD. The current chief executive officer is Daniel S. Goldberger. electroCore has one product called gammaCore, a non-invasive, commercially available product that uses vagus nerve stimulation.

Bonne Terre Limited is a British-based gambling company, owned by Flutter Entertainment, with headquarters in Leeds, West Yorkshire and offices in Solihull. Sky Betting & Gaming consists of five core brands: Sky Bet, Sky Vegas, Sky Casino, Sky Poker and Sky Bingo.

ECOR vs SBET — Head-to-Head

Bigger by revenue
SBET
SBET
1.2× larger
SBET
$10.8M
$9.2M
ECOR
Growing faster (revenue YoY)
SBET
SBET
+1098.7% gap
SBET
1129.9%
31.2%
ECOR
Higher net margin
SBET
SBET
994.4% more per $
SBET
961.6%
-32.8%
ECOR

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
ECOR
ECOR
SBET
SBET
Revenue
$9.2M
$10.8M
Net Profit
$-3.0M
$104.3M
Gross Margin
88.4%
Operating Margin
-31.8%
Net Margin
-32.8%
961.6%
Revenue YoY
31.2%
1129.9%
Net Profit YoY
6.0%
11880.2%
EPS (diluted)
$-0.34
$0.62

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ECOR
ECOR
SBET
SBET
Q4 25
$9.2M
Q3 25
$8.7M
$10.8M
Q2 25
$7.4M
$697.3K
Q1 25
$6.7M
$741.7K
Q4 24
$7.0M
$823.1K
Q3 24
$6.6M
$881.7K
Q2 24
$6.1M
$981.3K
Q1 24
$5.4M
$975.9K
Net Profit
ECOR
ECOR
SBET
SBET
Q4 25
$-3.0M
Q3 25
$-3.4M
$104.3M
Q2 25
$-3.7M
$-103.4M
Q1 25
$-3.9M
$-974.9K
Q4 24
$-3.2M
Q3 24
$-2.5M
$-885.1K
Q2 24
$-2.7M
$-463.0K
Q1 24
$-3.5M
$12.4M
Gross Margin
ECOR
ECOR
SBET
SBET
Q4 25
88.4%
Q3 25
86.0%
Q2 25
87.3%
30.0%
Q1 25
84.9%
17.8%
Q4 24
85.9%
20.2%
Q3 24
83.8%
19.6%
Q2 24
86.3%
28.5%
Q1 24
83.7%
29.4%
Operating Margin
ECOR
ECOR
SBET
SBET
Q4 25
-31.8%
Q3 25
-33.2%
Q2 25
-47.5%
-14826.0%
Q1 25
-56.9%
-124.8%
Q4 24
-43.6%
Q3 24
-40.4%
-90.4%
Q2 24
-42.2%
-122.8%
Q1 24
-70.7%
-172.6%
Net Margin
ECOR
ECOR
SBET
SBET
Q4 25
-32.8%
Q3 25
-39.2%
961.6%
Q2 25
-49.7%
-14832.1%
Q1 25
-57.4%
-131.4%
Q4 24
-45.8%
Q3 24
-38.1%
-100.4%
Q2 24
-43.2%
-47.2%
Q1 24
-64.4%
1265.5%
EPS (diluted)
ECOR
ECOR
SBET
SBET
Q4 25
$-0.34
Q3 25
$-0.40
$0.62
Q2 25
$-0.44
$-4.27
Q1 25
$-0.47
$-1.84
Q4 24
$-0.37
Q3 24
$-0.31
$-3.02
Q2 24
$-0.38
$-1.35
Q1 24
$-0.53
$40.31

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ECOR
ECOR
SBET
SBET
Cash + ST InvestmentsLiquidity on hand
$11.6M
Total DebtLower is stronger
$7.8M
Stockholders' EquityBook value
$-1.7M
$3.1B
Total Assets
$18.7M
$3.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ECOR
ECOR
SBET
SBET
Q4 25
$11.6M
Q3 25
$13.0M
Q2 25
$7.1M
Q1 25
$7.8M
Q4 24
$12.2M
Q3 24
$12.9M
Q2 24
$14.2M
Q1 24
$7.8M
Total Debt
ECOR
ECOR
SBET
SBET
Q4 25
$7.8M
Q3 25
$7.8M
Q2 25
Q1 25
Q4 24
$0
Q3 24
$0
Q2 24
$0
Q1 24
Stockholders' Equity
ECOR
ECOR
SBET
SBET
Q4 25
$-1.7M
Q3 25
$-1.1M
$3.1B
Q2 25
$1.1M
$452.5M
Q1 25
$4.4M
$2.1M
Q4 24
$7.5M
$2.1M
Q3 24
$9.5M
$2.0M
Q2 24
$11.5M
$2.8M
Q1 24
$4.5M
$2.9M
Total Assets
ECOR
ECOR
SBET
SBET
Q4 25
$18.7M
Q3 25
$21.4M
$3.1B
Q2 25
$14.6M
$453.9M
Q1 25
$16.0M
$2.8M
Q4 24
$20.5M
$2.6M
Q3 24
$21.0M
$2.9M
Q2 24
$22.4M
$3.8M
Q1 24
$13.9M
$5.4M
Debt / Equity
ECOR
ECOR
SBET
SBET
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.00×
Q3 24
0.00×
Q2 24
0.00×
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ECOR
ECOR
SBET
SBET
Operating Cash FlowLast quarter
$-1.5M
$-6.3M
Free Cash FlowOCF − Capex
$-6.3M
FCF MarginFCF / Revenue
-57.9%
Capex IntensityCapex / Revenue
0.0%
0.0%
Cash ConversionOCF / Net Profit
-0.06×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ECOR
ECOR
SBET
SBET
Q4 25
$-1.5M
Q3 25
$-1.7M
$-6.3M
Q2 25
$-623.0K
$-1.6M
Q1 25
$-4.4M
$-514.1K
Q4 24
$-1.3M
$-22.8M
Q3 24
$-1.4M
$-591.2K
Q2 24
$-1.8M
$-1.7M
Q1 24
$-2.6M
$-19.3M
Free Cash Flow
ECOR
ECOR
SBET
SBET
Q4 25
Q3 25
$-1.7M
$-6.3M
Q2 25
$-648.0K
Q1 25
$-4.4M
Q4 24
$-22.8M
Q3 24
Q2 24
Q1 24
$-19.3M
FCF Margin
ECOR
ECOR
SBET
SBET
Q4 25
Q3 25
-19.3%
-57.9%
Q2 25
-8.8%
Q1 25
-65.4%
Q4 24
-2772.0%
Q3 24
Q2 24
Q1 24
-1977.2%
Capex Intensity
ECOR
ECOR
SBET
SBET
Q4 25
0.0%
Q3 25
0.0%
0.0%
Q2 25
0.3%
Q1 25
0.6%
Q4 24
0.2%
Q3 24
0.0%
Q2 24
0.0%
Q1 24
0.2%
Cash Conversion
ECOR
ECOR
SBET
SBET
Q4 25
Q3 25
-0.06×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
-1.56×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ECOR
ECOR

Segment breakdown not available.

SBET
SBET

ETH Staking Segmet$10.3M95%
Other$569.8K5%

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