High Roller Technologies, Inc. ( (ROLR) ) has released its Q4 earnings. Here is a breakdown of the information High Roller Technologies, Inc. presented to its investors.
High Roller Technologies, Inc. is a prominent global online gaming operator known for its innovative casino brands, High Roller and Fruta, offering a comprehensive portfolio of over 4,400 games in the rapidly expanding iGaming industry.
In its latest earnings report, High Roller Technologies announced a 12% year-over-year increase in Q4 2024 revenue, reaching $8.1 million. The company also reported a significant 40% increase in active users, totaling 72,000 by the end of 2024.
Key financial highlights include a successful IPO in October 2024, raising $10 million in gross proceeds, and the strategic launch of Fruta.com as part of its multi-brand strategy. Despite a net loss per share of $0.82 for the year, the company improved its balance sheet, increasing cash and cash equivalents to $6.9 million. High Roller is also planning to enter the Ontario market in H2 2025, potentially increasing its addressable market by $2 billion.
Looking ahead, High Roller Technologies remains focused on sustainable, long-term growth through market expansion and operational excellence, leveraging its premium brand and industry expertise to navigate the dynamic iGaming market.