Workflow
High Roller Technologies, Inc.(ROLR)
icon
Search documents
High Roller Appoints Adam Felman as Chief Financial Officer, Matt Teinert Departs
GlobeNewswire· 2025-05-20 12:15
Core Insights - High Roller Technologies has appointed Adam Felman as the new Chief Financial Officer, effective immediately, replacing Matt Teinert [1][2] - Felman brings extensive experience in gaming and public markets, having previously served as CFO at Digital Gaming Corporation [2] - The company operates premium online casino brands, including High Roller and Fruta, and is recognized for its innovative gaming platform [3][4] Company Overview - High Roller Technologies is a leading global online gaming operator, listed on the NYSE under the ticker ROLR [3] - The company offers a user-friendly online casino platform with over 5,000 games from more than 90 providers, catering to a global customer base [3] - High Roller Technologies emphasizes innovation, performance, and excellence in the rapidly expanding multi-billion iGaming industry [4]
High Roller Technologies, Inc.(ROLR) - 2025 Q1 - Earnings Call Transcript
2025-05-15 21:30
Financial Performance Overview - High Roller Technologies reported total revenue of $6.8 million for Q1 2025, reflecting a 4% increase compared to the same period last year, with a gross win margin of 4.8%, up by 4.3% year-over-year [4] - The net loss for the quarter was approximately $3.3 million, with a net loss ratio of $0.39, which is 50% greater than the previous corresponding period [4] - The operating loss increased compared to the previous corresponding period, primarily due to a marketing overspend of approximately $4.1 million, a 50% increase from the previous year [5] Business Lines and Market Data - The affiliate brand Casino Room contributed nearly $1.6 million in revenue during Q1 2025, maintaining an affiliate-only model in emerging and non-core markets [15] - The company added over 750 new games to its casino library, bringing the total to over 5,300 games from more than 90 providers [6] - High Roller added 30,000 new active depositing customers, representing a 34% increase from the previous corresponding period [7] Strategic Direction and Market Focus - The company is focusing on high-potential regulated markets, specifically targeting Finland, Ontario, and Alberta for future expansion [9][10] - High Roller has submitted its initial licensing application to Ontario, which is one of the largest regulated markets globally, with a total addressable market opportunity of nearly $2.5 billion annually [11] - Alberta has passed legislation to establish a framework for online gaming, which aligns with High Roller’s strategic focus on regulated markets [12] Management Commentary on Future Outlook - Management expressed optimism about the future, highlighting the strategic organizational and operational realignment plan aimed at focusing on high-potential markets [5][9] - The company expects cash flow and margins to increase in the second half of 2025 as it reallocates capital to growth market opportunities [6] - Management emphasized the importance of partnerships, particularly with Spike Up Media, to drive customer acquisition and enhance marketing effectiveness [19] Other Important Information - The company is undergoing a brand identity refresh in anticipation of its regulated market expansion [6] - A strategic advisory board has been established to assist with the transition and optimization of operations [5] Q&A Session Summary Question: Future market expansion beyond mentioned markets - Management indicated excitement about future market expansion, leveraging industry connections and data insights to make strategic decisions [26][27] Question: Plans to add sports betting - Management confirmed that while the primary focus is on casino operations, they plan to add sports betting as a secondary revenue stream when it becomes relevant [28][29] Question: Impact of organizational operation agreement plan - Management noted positive outcomes from the strategic initiatives, with expectations for growth in regulated markets like Ontario and Finland [30][31] Question: Concerns about capital and potential capital raise - Management reassured that current capital is expected to sustain operations through the year without the need for an additional capital raise [38]
High Roller Reports Q1 2025 Results
GlobeNewswire· 2025-05-15 20:10
●Q1 2025 revenue increased 4% YoY to $6,770,886 ●Commenced reorganization and strategic shift to regulated market operating profile ●Successfully submitted initial licensing application to access Ontario’s regulated online gambling market Las Vegas, Nevada, May 15, 2025 (GLOBE NEWSWIRE) -- High Roller Technologies (“High Roller” and the “Company”) (NYSE: ROLR), operator of premium online casino brands High Roller and Fruta, today reported its financial results for the first quarter ended March 31, ...
High Roller Technologies, Inc.(ROLR) - 2025 Q1 - Quarterly Results
2025-05-15 20:05
Exhibit 99.1 High Roller Reports Q1 2025 Results Las Vegas, Nevada, May 15, 2025 – High Roller Technologies ("High Roller" and the "Company") (NYSE: ROLR), operator of premium online casino brands High Roller and Fruta, today reported its financial results for the first quarter ended March 31, 2025. High Roller currently offers more than 5,300 games from over 90 game providers, representing one of the widest online casino game portfolios in the world, including video slots, blackjack, roulette, baccarat, cr ...
High Roller Technologies, Inc.(ROLR) - 2025 Q1 - Quarterly Report
2025-05-15 20:04
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Exact name of registrant as specified in its charter) Delaware 87-4159815 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 400 South 4th Street, Suite 500-#390, Las Vegas, NV 89101 (Address of principal executive office) (Zip Code) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANS ...
High Roller Schedules Conference Call to Discuss First Quarter 2025 Financial Results and Business Update
GlobeNewswire News Room· 2025-05-07 12:30
To join the live conference call, please dial 877-405-1216 (U.S. and Canadian callers) or +1 201-689-8336 (international callers outside of the U.S. and Canada) 10 to 15 minutes prior to the scheduled call time. Participants can also click this link for instant telephone access to the event. The link will become active approximately 15 minutes prior to the start of the conference call. The conference ID# is 13753785. Las Vegas, Nevada, May 07, 2025 (GLOBE NEWSWIRE) -- High Roller Technologies ("High Roller" ...
High Roller to Attend NEXT Summit: Valletta 2025
GlobeNewswire· 2025-05-01 12:30
CEO Ben Clemes and team to join top iGaming leaders at Europe’s premier industry summit Las Vegas, Nevada, May 01, 2025 (GLOBE NEWSWIRE) -- High Roller Technologies (“High Roller” and the “Company”) (NYSE: ROLR), operator of the premium online casino brands High Roller and Fruta, today announced that Ben Clemes, CEO of High Roller Technologies and Seth Young, Senior Vice President (SVP) of Corporate Strategy & Investor Relations will be attending the NEXT Summit: Valletta 2025, which will take place on 7-8 ...
High Roller Announces Hiring of Seth Young as Senior Vice President Corporate Strategy and Investor Relations
Newsfilter· 2025-04-08 13:00
Las Vegas, Nevada, April 08, 2025 (GLOBE NEWSWIRE) -- High Roller Technologies ("High Roller" and the "Company") (NYSE:ROLR), operator of the premium online casino brands High Roller and Fruta, is pleased to announce the appointment of Seth Young as Senior Vice President (SVP) of Corporate Strategy & Investor Relations. In his new role, Mr. Young will collaborate with the management team to shape and implement the Company's long-term business strategy. "We are thrilled to welcome Seth Young to our team," sa ...
High Roller Announces Hiring of Seth Young as Senior Vice President Corporate Strategy and Investor Relations
GlobeNewswire· 2025-04-08 13:00
Las Vegas, Nevada, April 08, 2025 (GLOBE NEWSWIRE) -- High Roller Technologies (“High Roller” and the “Company”) (NYSE American: ROLR), operator of the premium online casino brands High Roller and Fruta, is pleased to announce the appointment of Seth Young as Senior Vice President (SVP) of Corporate Strategy & Investor Relations. In his new role, Mr. Young will collaborate with the management team to shape and implement the Company’s long-term business strategy. “We are thrilled to welcome Seth Young to our ...
High Roller Technologies, Inc.(ROLR) - 2024 Q4 - Annual Results
2025-03-21 20:37
Financial Performance - Q4 2024 revenue increased by 12% year-over-year to $8.1 million, compared to $7.2 million in Q4 2023[7] - Full year 2024 revenue totaled $27.9 million, a decrease from $29.7 million in 2023[7] - The company reported a net loss per share of $(0.30) for Q4 2024 and $(0.82) for the full year 2024[8] - Cash and cash equivalents increased to $6.9 million in FY 2024, up from $2.1 million in FY 2023[8] - Total assets rose to $16.6 million in 2024, compared to $11.8 million in 2023[8] User Growth - Active users grew by 40% to 72,000 at the end of 2024[2] Market Expansion - High Roller plans to enter the Ontario market with a projected addressable market increase of approximately $2 billion, targeting a launch in H2 2025[4] - The company executed a strategic realignment plan post-IPO, focusing on market expansion and operational excellence[3] Product Launch and Recognition - The company successfully launched Fruta.com in June 2024 as part of its multi-brand strategy[7] - High Roller received the Best Player Retention 2024 Award and was named Casino Operator of the Year at the 2024 WN iGaming Summit[7]