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High Roller Technologies Inc

ir.highroller.com

What Do They Do?

Runs online casino platforms offering slots, table games and live-dealer games to players in markets around the world.

How Do They Make Money?

Players wager against the house, and High Roller earns the net amount from lost wagers after player winnings and incentives when a game ends.

revenue
SegmentShareRevenue
Net Gaming Revenue
Usage-based

100%
Net revenue generated through non-core services
27%

Who Are Their Customers?

Players place wagers directly with the company through its online casino brands, including HighRoller.com, Kassuuu.com and fruta.com.

Do Revenues Turn Into Profits?

Yes. It kept 16 cents of every revenue dollar as net income in FY2025, but spent more cash than it brought in: free cash flow was −$3.3M.

Operating income, FY2025
−30% of revenue
▼ −27% (Loss) vs FY2024 (−$8.5M, −37%)
Net income, FY2025
16% of revenue
▲ Now profitable vs FY2024 (−$5.9M, −26%)
Free cash flow, FY2025
−16% of revenue
▼ −20% (Loss) vs FY2024 (−$4.1M, −18%)

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q2 FY2026, the three months to Jun 30, 2026
Revenue
▼ −52%
vs $5.8M in Q2 FY2025
Net income
▲ +300% (Loss)
vs −$592K in Q2 FY2025
Net gaming revenue share of revenue vs 99.8% in Q2 FY2025
  • Aug 11, 2026 Advanced the planned U.S. prediction-markets launch The ROLR platform received regulatory approval, and the company introduced its consumer brand and a free-to-trade prediction challenge.
  • Apr 20, 2026 Agreed with Crypto.com to offer U.S. event contracts The company plans to build a mobile platform through which customers can access event contracts on a Crypto.com affiliate’s trading system.
Revenue over time
Net Gaming Revenue Net revenue generated through non-core services
$50M$25M$0

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