High Roller Tech | 8-K: FY2025 Q3 Revenue: USD 6.281 B

Revenue: As of FY2025 Q3, the actual value is USD 6.281 B.

EPS: As of FY2025 Q3, the actual value is USD 0.39.

EBIT: As of FY2025 Q3, the actual value is USD 135 M.

Segment Revenue

• Total revenue for Q3 2025 was $6.3 million, a decrease of 16% compared to $7.5 million in Q3 2024, attributed to exiting certain markets and focusing on more profitable ones.

Operational Metrics

• Net income for Q3 2025 was $3.667 million, compared to a net loss of $501 thousand in Q3 2024.
• Gross margins increased, and operating expenses decreased by 22% to $6.2 million in Q3 2025 from $8 million in Q3 2024.
• Operating income was $80 thousand in Q3 2025, compared to an operating loss of $474 thousand in Q3 2024.
• Adjusted EBITDA was $622 thousand, a 72% increase QoQ, with an Adjusted EBITDA margin of 9.9%.

Cash Flow

• Cash and cash equivalents were approximately $3.5 million as of September 30, 2025, with $770 thousand restricted, compared to $3.6 million with $934 thousand restricted as of June 30, 2025.

Unique Metrics

• The company served approximately 21,800 active users and 20,128 unique depositing customers during the quarter, an increase of approximately 11% and 18% QoQ, respectively.
• Total wagers exceeded $146 million, indicating a resilient core customer base.

Outlook / Guidance

• High Roller Technologies plans to expand into new markets, with significant progress towards launching in Ontario, estimated for H1 2026.
• The company is focused on strategic planning for market expansion and product diversification.
• Forward-looking statements emphasize that actual results may differ materially due to uncertainties and risks, advising against relying on these statements as guarantees of future performance.