/
High Roller Technologies, Inc. (together, with its subsidiaries, unless the context otherwise indicates, High Roller, we, us, our, ours , or the Company ) is an evolving and growth-oriented global online gaming operator focused on providing its customers with the most exciting, enjoyable and compelling online experience on the market. The Company defines the term platform ( Platform ) as the fu…
The business is unprofitable at the operating level (-30.20% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue declined 11.9% YoY. The question is whether this is cyclical or a structural shift.
Negative free cash flow of -$3M. The business is consuming cash, not generating it.
Profitability & Returns
Revenue (TTM)
$19M
▼ -11.9% YoY
Net Income (TTM)
$3M
▲ +153.4% YoY
Op. Margin
-29.60%
▲ +6.4pp YoY
ROIC
-32.41%
▲ +92.2pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-$3M
▲ +19.8% YoY
Op. Cash Flow (TTM)
-$3M
▲ +17.2% YoY
Net Debt
-$22M
Net Cash Position
Cash & Equiv.
$22M
Continue Research