High Roller Technologies, Inc.(ROLR)
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High Roller Technologies Welcomes Kristofer Muscat as Chief Operating Officer
GlobeNewswire· 2025-01-10 13:07
Las Vegas, Nevada, Jan. 10, 2025 (GLOBE NEWSWIRE) -- High Roller Technologies, Inc. (“High Roller” and the “Company”) (NYSE American: ROLR), operator of www.HighRoller.com and www.Fruta.com, each a premium brand in online gaming and a destination for high rollers, is pleased to announce the appointment of Kristofer Muscat as its new Chief Operating Officer, effective January 5th, 2025. In this role, Mr. Muscat will oversee operational strategy, drive growth initiatives, and enhance High Roller’s commitment ...
High Roller Technologies Wins Double Honors at the 2024 WN iGaming Summit
GlobeNewswire· 2024-12-17 13:07
Figure: 1 High Roller Technologies Wins Double Honors Las Vegas, Nevada, Dec. 17, 2024 (GLOBE NEWSWIRE) -- High Roller Technologies, Inc. (“High Roller” and the “Company”) (NYSE American: ROLR), operator of www.HighRoller.com and www.Fruta.com, each a premium brand in online gaming and a destination for high rollers, has been honored with two prestigious awards at the 2024 WN iGaming Summit, held in collaboration with Google, on December 11, 2024 in Limassol, Cyprus.The Company was named Casino Operat ...
High Roller Technologies, Inc.(ROLR) - 2024 Q3 - Quarterly Results
2024-12-05 21:35
Revenue Performance - Company reported total revenue of $7.5 million for Q3 2024, a 30% increase quarter-over-quarter from $5.8 million in Q2 2024[3][4] - Revenue from operations slightly decreased by less than 1% year-over-year to $7.5 million in Q3 2024 from $7.6 million in Q3 2023[5] - Revenues for the three months ended September 30, 2024, were $7,516 thousand, slightly down from $7,569 thousand in the same period in 2023[22] Net Loss and Earnings - Net loss per share was ($0.07) in Q3 2024, compared to ($0.03) in Q3 2023[3][8] - GAAP net loss was $(0.5 million) in Q3 2024, compared to $(0.2 million) in Q3 2023 and $(1.5 million) in Q2 2024[7] - Net loss for the three months ended September 30, 2024, was $501 thousand, compared to a net loss of $208 thousand in the same period in 2023[22] Adjusted EBITDA - Adjusted EBITDA improved to $40 thousand in Q3 2024 from a deficit of ($1.0 million) in Q2 2024[3][7] - The Company achieved positive Adjusted EBITDA for the first time in Q3 2024, marking a significant turnaround from previous quarters[3][7] - Adjusted EBITDA for the three months ended September 30, 2024, was $40 thousand, down from $234 thousand in the same period in 2023[22] - Adjusted EBITDA margin for the three months ended September 30, 2024, was 1%, compared to 3% in the same period in 2023[22] Cash and Liquidity - Cash and cash equivalents totaled $2.9 million at the end of Q3 2024, excluding $10 million raised from the October 2024 IPO[8] - High Roller Technologies raised $10 million in gross proceeds from its IPO on NYSE in October 2024 to support strategic growth initiatives[2][8] - Cash and cash equivalents decreased to $1,329 thousand as of September 30, 2024, from $2,087 thousand as of December 31, 2023[20] Operating Expenses - Operating expenses increased to $8.0 million in Q3 2024 from $7.3 million in Q2 2024, driven by higher advertising and promotional costs[6] - Stock-based compensation expense increased to $80 thousand for the three months ended September 30, 2024, from $60 thousand in the same period in 2023[22] - Depreciation and amortization expenses rose to $65 thousand for the three months ended September 30, 2024, from $2 thousand in the same period in 2023[22] - Foreign exchange transaction loss increased to $369 thousand for the three months ended September 30, 2024, from $327 thousand in the same period in 2023[22] Balance Sheet and Liabilities - Total assets increased to $12,891 thousand as of September 30, 2024, compared to $11,785 thousand as of December 31, 2023[20] - Total current liabilities increased to $12,674 thousand as of September 30, 2024, from $9,457 thousand as of December 31, 2023[20] Strategic Initiatives and Growth - The Company's focus on cost optimization and marketing efficiencies contributed to the 30% quarter-over-quarter revenue growth[3][9]
High Roller Technologies, Inc.(ROLR) - 2024 Q3 - Quarterly Report
2024-12-04 21:35
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM ____________ TO ____________ Commission File Number: 001-42202 High Roller Technologies, Inc. (Exact name of registrant as specified in its charter) | --- | --- | -- ...
High Roller Technologies Announces Financial Results for the Three Months Ended September 30, 2024
GlobeNewswire News Room· 2024-12-04 14:15
-Company Delivers 30% Quarter-Over-Quarter Revenue Growth -Filing Follows High Roller’s Recent IPO on NYSE in October 2024 Raising Gross Proceeds of $10 Million Las Vegas, Nevada, Dec. 04, 2024 (GLOBE NEWSWIRE) -- High Roller Technologies, Inc. (“High Roller” and the “Company”) (NYSE American: ROLR), operator of www.HighRoller.com and www.Fruta.com, each a premium brand in online gaming and a destination for high rollers, announced today that it has filed its financial results for the three months ended Se ...
High Roller Technologies Inc. Plans to File its Third Quarter Form 10-Q Within 45-Days of the Effective Date of its IPO Registration Statement, as Permitted by Exchange Act Rules
GlobeNewswire News Room· 2024-11-14 21:03
Exchange Act Rules 13a-13(a) and 15d-13(a), Estimated on or Before December 6, 2024 Company Pre-announces Consecutive Q3 over Q2 Revenue Growth of 30% Las Vegas, Nevada, Nov. 14, 2024 (GLOBE NEWSWIRE) -- High Roller Technologies, Inc. (“High Roller” and the “Company”) (NYSE American: ROLR), operator of www.HighRoller.com and www.Fruta.com, each a premium brand in online gaming and a destination for high rollers, today reported unaudited top-line revenue of $7.52 million for the third quarter ending Septembe ...
High Roller Technologies Awarded Best Player Retention 2024 at SiGMA Europe B2C Awards
GlobeNewswire News Room· 2024-11-13 17:00
Las Vegas, Nevada, Nov. 13, 2024 (GLOBE NEWSWIRE) -- High Roller Technologies, Inc. (“High Roller” and the “Company”) (NYSE American: ROLR), operator of www.HighRoller.com and www.Fruta.com, each a premium brand in online gaming and a destination for high rollers, is proud to announce that it is the recipient of the Best Player Retention 2024 at the SiGMA Europe B2C Awards, presented by VBET. The award, recognized as a hallmark of excellence in the gaming industry, celebrates High Roller's unwavering comm ...