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 ...

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 ...

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 ...

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]

Core Insights - High Roller Technologies reported a 12% year-over-year increase in Q4 2024 revenue, reaching $8.1 million, with a total annual revenue of $27.9 million, down from $29.7 million in 2023 [1][7][8] - The company experienced a 40% increase in active users, totaling 72,000 by the end of 2024 [1] - High Roller is preparing to enter the Ontario market with the launch of its online casino brand planned for the second half of 2025, potentially expanding its total addressable market by approximately $2 billion [3][4] Financial Performance - Q4 2024 revenue was $8.1 million, up from $7.2 million in Q4 2023, while the full year revenue decreased to $27.9 million from $29.7 million [7][8] - The company reported a net loss per share of $(0.30) for Q4 2024 and $(0.82) for the full year [7][8] - Cash and cash equivalents increased to $6.9 million in FY 2024 from $2.1 million in FY 2023, with total assets rising to $16.6 million from $11.8 million [5][15] Strategic Developments - Following a successful IPO in October 2024, the company is implementing a strategic realignment plan to support long-term growth [2][4] - High Roller successfully launched Fruta.com in June 2024 as part of its multi-brand strategy and exited non-growth markets to focus on higher growth opportunities [7][8] - The company received accolades including the Best Player Retention 2024 Award and Casino Operator of the Year at industry events, highlighting its operational excellence [7][8]

Market Competition and User Engagement - The company operates in a highly competitive retail and online iCasino industry, facing challenges in attracting and retaining users, which may negatively impact operations and growth prospects [66]. - Future revenue growth will largely depend on the ability to attract new users and retain existing ones, with significant uncertainty regarding market acceptance of product offerings [69]. - Changes in consumer preferences and the need for timely product innovation are critical for maintaining user engagement and business growth [73]. - The company relies on various marketing channels, including digital marketing and affiliates, to acquire and retain customers, which are subject to regulatory constraints [122]. Financial Performance and Risks - The company’s forecasts for revenues and profitability are subject to significant risks and uncertainties, which may lead to material differences from expectations [74]. - Economic downturns and reductions in consumer discretionary spending could adversely affect the company's financial condition and results of operations [75]. - The company is experiencing fluctuations in quarterly financial results, which may impact market expectations and operating results [31]. - The net loss for 2024 was $5,923,000, which is a significant increase from the net loss of $2,818,000 in 2023, reflecting a rise of 110.5% [313]. - Cash flows from operating activities resulted in a net cash used of $3,906,000 in 2024, compared to a net cash provided of $762,000 in 2023 [317]. Regulatory and Compliance Challenges - The company is subject to regulatory scrutiny and potential penalties due to the nature of its business, which may impact its financial condition and operations [90]. - Compliance with new legislation or regulations in relevant jurisdictions may have a material adverse effect on the company's financial condition and operations [130]. - The company faces potential legal, regulatory, and political challenges as it enters new jurisdictions, which could adversely impact planned revenues [135]. - The company is subject to potential regulatory investigations and penalties if its privacy or data security measures fail to comply with applicable laws [178]. Technology and Operational Risks - The company relies on high-bandwidth data capabilities for its products, and any disruptions in availability may adversely affect user growth and engagement [81]. - The company's technology infrastructure is critical for performance, and failures or disruptions could adversely affect user satisfaction and operational results [145]. - The company has experienced website disruptions and outages, which have not materially impacted operations to date, but future incidents could have negative outcomes [145]. - The company must continuously scale its technical infrastructure to meet growing user demands, which may lead to increased costs and operational inefficiencies [148]. Security and Data Protection - The company is committed to cybersecurity risk management, but cannot assure that current measures will be adequate to prevent future incidents [145]. - The company has experienced various security threats, including phishing and malware attacks, which could potentially have a material adverse effect on operations in the future [154]. - The company is subject to stringent data protection regulations, including the GDPR, which imposes strict requirements on the processing of personal data and could lead to significant penalties for noncompliance [164]. - The company faces potential legal and financial exposure due to breaches of security measures, which could damage its reputation and require significant capital to address [155]. Growth and Strategic Initiatives - The company has transitioned Ellmount Entertainment into a marketing company and is focused on expanding its user base through new product offerings [97]. - The company anticipates that its growth prospects may suffer if it fails to develop successful game offerings or make the right investment decisions in its technology platform [97]. - The company may pursue acquisitions to enhance its business strategy, but integration challenges and costs could adversely affect operations [195]. - Future growth prospects depend on obtaining necessary licenses to operate in various jurisdictions; failure to do so could impair business expansion [215]. Financial Structure and Capital Management - The company is a holding entity with no material assets other than ownership of subsidiaries, relying on distributions from these subsidiaries for financial obligations [199]. - The company may require additional capital to support growth plans, which may not be available on acceptable terms, potentially hampering business operations [194]. - The company issued 1,250,000 common shares in its initial public offering, raising $8,078,000 net of offering costs [314]. - Total stockholders' equity improved to $5,721,000 as of December 31, 2024, compared to $2,305,000 in 2023, an increase of 148.5% [311].

Core Insights - High Roller Technologies has announced a strategic partnership with Yggdrasil to enhance player engagement and gaming experience through the integration of Yggdrasil's award-winning games into High Roller's platform [1][2] Company Overview - High Roller Technologies, Inc. operates premium online gaming brands, High Roller and Fruta, and is listed on NYSE American under the ticker ROLR [5] - The company offers a user-friendly real-money online casino platform with over 4,000 premium games from more than 50 leading game providers, catering to a global customer base [5] - High Roller is recognized for its innovative approach and commitment to excellence in the rapidly expanding multi-billion iGaming industry [6] Yggdrasil Overview - Yggdrasil, founded in 2013, has transformed from a slot provider to a global publishing powerhouse, known for its exceptional gaming experiences and innovative technology [3][4] - The company operates a scalable, innovation-driven business model supported by its proprietary GATI technology and the YGG Masters program [3] Partnership Highlights - The partnership aims to leverage High Roller's strong market presence and technology to deliver high-quality gaming experiences, featuring popular titles like Valley of the Gods and Vikings Go Berzerk [2] - Both companies express excitement about the collaboration, emphasizing their commitment to enhancing player engagement and growth in the gaming sector [2]

Core Insights - High Roller Technologies, Inc. has partnered with Golden Whale to enhance its data-driven strategies and machine learning capabilities in online gaming [1][2][3] Group 1: Partnership Details - The collaboration with Golden Whale began in late Q4 2024, focusing on improving player retention and acquisition through predictive AI models [2] - High Roller aims to redefine the online casino experience and optimize revenue streams and player cohorts through this partnership [2][3] Group 2: Company Overview - High Roller Technologies operates premium online gaming brands, High Roller and Fruta, and is listed on NYSE American under the ticker ROLR [5] - The company offers a user-friendly online casino platform with over 4,000 games from more than 50 providers, catering to a global audience in the multi-billion iGaming industry [5][6] Group 3: Golden Whale's Role - Golden Whale specializes in data-driven services and machine learning technology for the gaming industry, achieving uplifts of 100% to 200% in performance [4] - Their solutions can integrate with existing gaming systems or serve as new components to enhance decision-making and optimization processes [4]

Core Insights - High Roller Technologies, Inc. has won the Affiliate Marketing Campaign of the Year at the International Gaming Awards 2025, highlighting its achievements in the gaming industry [1][3] - The company emphasizes strategic partnerships and a data-driven approach in its affiliate marketing campaigns, focusing on mutual benefits and sustainable growth [2] Company Overview - High Roller Technologies, Inc. is a leading global online gaming operator, known for its innovative casino brands, including High Roller and Fruta, and is listed under the ticker ROLR on the NYSE American [4] - The company offers a cutting-edge real-money online casino platform with over 4,000 premium games from more than 50 leading game providers, catering to a global customer base [5] Industry Context - The iGaming industry is rapidly expanding, with High Roller Technologies positioned to capitalize on this growth through innovation and performance [5][6] - The International Gaming Awards is a significant event supported by industry insiders and gaming executives, underscoring the importance of recognition in the competitive gaming landscape [4]

Company Recognition and Awards - High Roller Technologies, Inc has been nominated in four prestigious categories at the International Gaming Awards 2025 including Affiliate Marketing Campaign of the Year Innovator of the Year Award (Operator) Mobile Operator of the Year and Rising Star of the Year [1] - The International Gaming Awards (IGA 2025) is a prominent event supported by industry insiders gaming executives and gaming companies [2] - The company's Chief Marketing Officer Sven Kaltenegger expressed gratitude for the nominations highlighting the dedication and hard work of the High Roller team [3] Company Overview - High Roller Technologies, Inc is a leading global online gaming operator known for its innovative casino brands High Roller and Fruta listed under the ticker ROLR on the NYSE American [4] - The company offers a cutting-edge real-money online casino platform with a diverse portfolio of over 4,000 premium games from more than 50 leading game providers [4] - High Roller Technologies serves a global customer base providing an immersive and engaging gaming experience in the rapidly expanding multi-billion iGaming industry [4] - The online casino platform features enhanced search engine optimization machine learning seamless direct API integrations faster load times and superior scalability [4] Industry Impact and Innovation - High Roller Technologies continues to redefine the future of online gaming through innovation performance and a commitment to excellence [5] - The company is recognized as an award-winning operator in the iGaming industry [5]