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High Roller Technologies provides update on Q2 performance

High Roller Technologies provides update on Q2 performance

Yahoo06-06-2025
High Roller Technologies (ROLR) is providing an update on its Second Quarter performance. Ben Clemes, CEO, commented, 'The first half of this year has been very important in laying the groundwork for High Roller's future, and we are encouraged to see that our execution against the strategic plan we implemented in Q1 is both delivering the intended results, and accelerating the Company's momentum. As a result of our stated focus on business optimization initiatives, based on preliminary results I am pleased to share that we expect to report a significant decrease in the Company's operating loss in Q2. In parallel, we have seen strong and consistent improvement in key performance indicators across all business operations, most notably in Finland, one of our core markets of focus. We have also significantly strengthened our executive leadership team with experienced, high-performing talent that have been immediately and positively impactful in their roles.' Following the release of the High Roller's First Quarter earnings report, insiders completed the purchase of an additional 45,606 shares of stock. Q2 2025 Update: The Company strengthened its leadership team with the hiring of industry veterans Emily Micallef, Seth Young, Adam Felman. Based on preliminary unaudited results, the Company expects a decrease in operating loss of approximately 50% for the month ending April 2025, and expects to remain on a trajectory to achieve similar results for the remainder of Q2. Based on preliminary unaudited results, the Company expects to report Gross Gaming Revenue of approximately $2.5m and $2.75m, and Net Gaming Revenue of approximately $1.8m and $1.9m for the months of April 2025 and May 2025, respectively, the latter representing the best full month result of 2025. Based on preliminary unaudited results, the Company expects to report Net Gaming Revenue of approximately $798k and $1.15m in Finland for the month of April 2025 and May 2025 respectively, representing a MoM increase in Net Gaming Revenue of approximately 45%. The Company successfully submitted its license application to access Ontario's regulated online casino market. The Company announced a strategic technology partnership with Playtech to enter Ontario's regulated online casino market.
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Disclaimer & DisclosureReport an Issue
High Roller submits gaming license application in Ontario
High Roller Technologies Appoints New CFO Amid Leadership Change
High Roller Technologies appoints Felman as CFO
High Roller Technologies Reports Q1 2025 Earnings
High Roller Technologies appoints Seth Young as SVP, corporate strategy and IR
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