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Side-by-side financial comparison of Protalix BioTherapeutics, Inc. (PLX) 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 $9.1M, roughly 1.2× Protalix BioTherapeutics, Inc.). SharpLink Gaming, Inc. runs the higher net margin — 961.6% vs -60.3%, a 1021.9% gap on every dollar of revenue. On growth, SharpLink Gaming, Inc. posted the faster year-over-year revenue change (1129.9% vs -49.9%). Protalix BioTherapeutics, Inc. produced more free cash flow last quarter ($1.6M vs $-6.3M).

Protalix BioTherapeutics is an Israeli pharmaceutical company that manufactures a plant-based enzyme, taliglucerase alfa, which has received U.S. Food and Drug Administration approval for the treatment of Gaucher disease.

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.

PLX vs SBET — Head-to-Head

Bigger by revenue
SBET
SBET
1.2× larger
SBET
$10.8M
$9.1M
PLX
Growing faster (revenue YoY)
SBET
SBET
+1179.8% gap
SBET
1129.9%
-49.9%
PLX
Higher net margin
SBET
SBET
1021.9% more per $
SBET
961.6%
-60.3%
PLX
More free cash flow
PLX
PLX
$7.9M more FCF
PLX
$1.6M
$-6.3M
SBET

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
PLX
PLX
SBET
SBET
Revenue
$9.1M
$10.8M
Net Profit
$-5.5M
$104.3M
Gross Margin
49.4%
Operating Margin
-51.1%
Net Margin
-60.3%
961.6%
Revenue YoY
-49.9%
1129.9%
Net Profit YoY
-184.8%
11880.2%
EPS (diluted)
$-0.06
$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
PLX
PLX
SBET
SBET
Q4 25
$9.1M
Q3 25
$17.9M
$10.8M
Q2 25
$15.7M
$697.3K
Q1 25
$10.1M
$741.7K
Q4 24
$18.2M
$823.1K
Q3 24
$18.0M
$881.7K
Q2 24
$13.5M
$981.3K
Q1 24
$975.9K
Net Profit
PLX
PLX
SBET
SBET
Q4 25
$-5.5M
Q3 25
$2.4M
$104.3M
Q2 25
$164.0K
$-103.4M
Q1 25
$-3.6M
$-974.9K
Q4 24
$6.5M
Q3 24
$3.2M
$-885.1K
Q2 24
$-2.2M
$-463.0K
Q1 24
$12.4M
Gross Margin
PLX
PLX
SBET
SBET
Q4 25
49.4%
Q3 25
53.4%
Q2 25
62.5%
30.0%
Q1 25
19.1%
17.8%
Q4 24
78.7%
20.2%
Q3 24
53.4%
19.6%
Q2 24
29.8%
28.5%
Q1 24
29.4%
Operating Margin
PLX
PLX
SBET
SBET
Q4 25
-51.1%
Q3 25
11.9%
Q2 25
7.5%
-14826.0%
Q1 25
-41.0%
-124.8%
Q4 24
39.6%
Q3 24
22.2%
-90.4%
Q2 24
-18.0%
-122.8%
Q1 24
-172.6%
Net Margin
PLX
PLX
SBET
SBET
Q4 25
-60.3%
Q3 25
13.2%
961.6%
Q2 25
1.0%
-14832.1%
Q1 25
-35.8%
-131.4%
Q4 24
35.6%
Q3 24
18.0%
-100.4%
Q2 24
-16.4%
-47.2%
Q1 24
1265.5%
EPS (diluted)
PLX
PLX
SBET
SBET
Q4 25
$-0.06
Q3 25
$0.03
$0.62
Q2 25
$0.00
$-4.27
Q1 25
$-0.05
$-1.84
Q4 24
$0.10
Q3 24
$0.03
$-3.02
Q2 24
$-0.03
$-1.35
Q1 24
$40.31

Balance Sheet & Financial Strength

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

Metric
PLX
PLX
SBET
SBET
Cash + ST InvestmentsLiquidity on hand
$14.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$48.2M
$3.1B
Total Assets
$82.3M
$3.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PLX
PLX
SBET
SBET
Q4 25
$14.7M
Q3 25
$13.6M
Q2 25
$17.9M
Q1 25
$19.5M
Q4 24
$19.8M
Q3 24
$27.4M
Q2 24
$23.4M
Q1 24
Total Debt
PLX
PLX
SBET
SBET
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$0
Q3 24
$0
Q2 24
$0
Q1 24
Stockholders' Equity
PLX
PLX
SBET
SBET
Q4 25
$48.2M
Q3 25
$52.9M
$3.1B
Q2 25
$49.9M
$452.5M
Q1 25
$45.2M
$2.1M
Q4 24
$43.2M
$2.1M
Q3 24
$32.4M
$2.0M
Q2 24
$28.6M
$2.8M
Q1 24
$2.9M
Total Assets
PLX
PLX
SBET
SBET
Q4 25
$82.3M
Q3 25
$82.3M
$3.1B
Q2 25
$78.5M
$453.9M
Q1 25
$73.9M
$2.8M
Q4 24
$73.4M
$2.6M
Q3 24
$61.6M
$2.9M
Q2 24
$91.5M
$3.8M
Q1 24
$5.4M
Debt / Equity
PLX
PLX
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
PLX
PLX
SBET
SBET
Operating Cash FlowLast quarter
$2.0M
$-6.3M
Free Cash FlowOCF − Capex
$1.6M
$-6.3M
FCF MarginFCF / Revenue
17.8%
-57.9%
Capex IntensityCapex / Revenue
4.4%
0.0%
Cash ConversionOCF / Net Profit
-0.06×
TTM Free Cash FlowTrailing 4 quarters
$-13.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PLX
PLX
SBET
SBET
Q4 25
$2.0M
Q3 25
$-3.7M
$-6.3M
Q2 25
$-5.2M
$-1.6M
Q1 25
$-5.1M
$-514.1K
Q4 24
$4.0M
$-22.8M
Q3 24
$4.1M
$-591.2K
Q2 24
$-3.6M
$-1.7M
Q1 24
$-19.3M
Free Cash Flow
PLX
PLX
SBET
SBET
Q4 25
$1.6M
Q3 25
$-4.2M
$-6.3M
Q2 25
$-5.7M
Q1 25
$-5.4M
Q4 24
$3.6M
$-22.8M
Q3 24
$4.0M
Q2 24
$-3.8M
Q1 24
$-19.3M
FCF Margin
PLX
PLX
SBET
SBET
Q4 25
17.8%
Q3 25
-23.7%
-57.9%
Q2 25
-36.2%
Q1 25
-53.0%
Q4 24
19.6%
-2772.0%
Q3 24
22.4%
Q2 24
-28.1%
Q1 24
-1977.2%
Capex Intensity
PLX
PLX
SBET
SBET
Q4 25
4.4%
Q3 25
2.8%
0.0%
Q2 25
2.8%
Q1 25
3.0%
Q4 24
2.3%
0.2%
Q3 24
0.5%
0.0%
Q2 24
1.3%
0.0%
Q1 24
0.2%
Cash Conversion
PLX
PLX
SBET
SBET
Q4 25
Q3 25
-1.58×
-0.06×
Q2 25
-31.91×
Q1 25
Q4 24
0.61×
Q3 24
1.27×
Q2 24
Q1 24
-1.56×

Financial Flow Comparison

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

Revenue Breakdown by Segment

PLX
PLX

Products$8.7M95%
Other$428.0K5%

SBET
SBET

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

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