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]

Core Viewpoint - High Roller Technologies will host a conference call on May 15, 2025, to discuss its first quarter 2025 financial results and business updates [1][3]. Company Overview - High Roller Technologies, Inc. is a leading global online gaming operator, known for its casino brands High Roller and Fruta, listed under the ticker ROLR on the NYSE [4]. - The company offers a real-money online casino platform with over 5,000 premium games from more than 90 game providers, catering to a global customer base [4]. - High Roller Technologies emphasizes innovation, performance, and excellence in the rapidly expanding multi-billion iGaming industry [5]. Conference Call Details - The conference call will feature CEO Ben Clemes and SVP Seth Young, who will discuss strategic initiatives and financial highlights for the quarter ended March 31, 2025 [3]. - Participants can join the call by dialing specific numbers for U.S., Canadian, and international callers, with a conference ID provided [2].

Financial Data and Key Metrics Changes - The company's first quarter revenue was $262 million, representing a 21% year-over-year increase, while adjusted EBITDA was $33.2 million, nearly double compared to the same period last year [8][22]. - Gross profit margins increased by 125 basis points year-over-year to 34.9%, driven by revenue diversification and higher growth in more profitable markets [24]. - Marketing spend was $38.8 million, or 15% of revenue, down from 17% of revenue in the same quarter last year, indicating improved marketing efficiency [25][26]. Business Line Data and Key Metrics Changes - Online casino revenue grew by 25% year-over-year, while sports betting revenue increased by 11% [9][22]. - In North America, monthly active users (MAUs) grew by 17% year-over-year, with an average revenue per monthly active user (ARPMAU) of $368, up 3% year-over-year [10][22]. - Latin America saw MAUs increase by 61% year-over-year, reaching a new quarterly record of 354,000 [10][23]. Market Data and Key Metrics Changes - North American markets showed revenue growth in 15 out of 16 online markets, with Michigan revenue up 40% and Delaware exceeding 80% growth in its first year of comparisons [12]. - In Colombia, gross gaming revenue (GGR) was up 55% in local currency, despite a 19% value-added tax on player deposits [13][14]. - The company is optimistic about the potential growth in Alberta, Canada, as legislation for online gaming progresses [17]. Company Strategy and Development Direction - The company focuses on innovation and enhancing player experience to drive growth and profitability [8][20]. - The strategy includes differentiating offerings to improve user engagement and retention across product verticals [10][20]. - The company is monitoring legislative developments in various U.S. states to capitalize on potential online gaming opportunities [18][19]. Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to navigate challenges, including the impact of taxes in Colombia, while maintaining strong player activity and market share [14][32]. - The company anticipates continued growth in revenue and adjusted EBITDA for 2025, with guidance remaining between $1.1 billion and $1.8 billion in revenue [27][28]. - Management highlighted the resilience of the online gaming sector, particularly during challenging economic times, and the potential for increased tax revenues from legalized online casinos [19][20]. Other Important Information - The company ended the quarter with $228 million in unrestricted cash and no debt, generating approximately $25 million in cash during the quarter [26]. - The company repurchased approximately 500,000 shares at an average price of $10.35 under its share repurchase program [27]. Q&A Session Summary Question: Insights on Colombia's competitive landscape and market share - Management indicated that they are absorbing the tax through higher bonusing, similar to competitors, and are confident in retaining or growing market share despite the challenges [32]. Question: Growth expectations for Delaware in 2025 - Management expects continued growth in Delaware, although the growth rate may slow as the market matures [34][36]. Question: Adjustments to business model in Colombia - Management is continuously adjusting strategies to maximize net revenue and reduce deposit turnover in response to the VAT tax [42][44]. Question: Impact of Pennsylvania joining the multistate Internet gaming agreement - Management expressed excitement about the launch in Pennsylvania and the potential for increased player liquidity across platforms [46]. Question: Tax impact from Colombia on revenue and EBITDA - Management noted that the VAT tax has significantly impacted net revenue growth, with expectations for meaningful growth once the tax is removed [52][94]. Question: User growth concentration in North America - Management indicated that Delaware contributed mid-single digits to the overall 17% user growth, with most growth coming from higher-value markets [87][88].

Core Viewpoint - High Roller Technologies has appointed Seth Young as Senior Vice President of Corporate Strategy & Investor Relations, aiming to enhance the company's long-term business strategy and growth in the online gaming industry [1][2]. Company Overview - High Roller Technologies operates premium online casino brands, including High Roller and Fruta, and is listed on the NYSE American under the ticker ROLR [6]. - The company offers a real-money online casino platform featuring over 4,400 premium games from more than 80 leading game providers, catering to a global customer base [6]. Leadership Appointment - Seth Young brings over 20 years of industry experience and expertise in gaming technologies, strategic planning, and business development to his new role [2]. - Prior to joining High Roller, Young held significant positions at PointsBet, FSG Digital, Foxwoods Resort Casino, Flower City Gaming, and TexasHoldem.com, showcasing a strong background in corporate development and innovation [3][4]. Industry Recognition - Young has received accolades such as the Innovation Group's 2018 Emerging Leaders of Gaming Award and was named to Global Gaming Business Magazine's 40 Under 40 list in the same year, highlighting his contributions to the gaming industry [5]. Strategic Vision - Young expressed enthusiasm about joining High Roller, emphasizing the company's potential for continued growth and success in providing a world-class consumer entertainment experience [6].

Core Insights - High Roller Technologies has appointed Seth Young as Senior Vice President of Corporate Strategy & Investor Relations, aiming to enhance the company's long-term business strategy [1][2] - Seth Young brings over 20 years of industry experience and a strong background in gaming technologies and strategic planning, which will be crucial for High Roller's growth [2][3] - High Roller Technologies operates premium online casino brands, including High Roller and Fruta, and is recognized for its innovative approach in the rapidly expanding iGaming industry [6][7] Company Overview - High Roller Technologies is a leading global online gaming operator, listed on NYSE under the ticker ROLR, offering a user-friendly real-money online casino platform [6] - The company features a diverse portfolio of over 4,400 premium games from more than 80 leading game providers, catering to a global customer base [6] - High Roller Technologies emphasizes innovation, performance, and excellence in redefining the future of online gaming [7] Leadership Background - Prior to joining High Roller, Seth Young held significant roles including Chief Innovation Officer at PointsBet and Chief Operating Officer at FSG Digital, showcasing a strong track record in corporate development and strategic initiatives [3][4] - Young is also a founding partner of GMA Consulting and serves on the boards of several organizations, indicating his extensive network and influence in the gaming industry [4] Industry Recognition - Seth Young has received notable accolades, including the Innovation Group's 2018 Emerging Leaders of Gaming Award and a spot on Global Gaming Business Magazine's 40 Under 40 list [5]