High Roller Tech | 10-Q: FY2025 Q3 Revenue: USD 6.281 M

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

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

EBIT: As of FY2025 Q3, the actual value is USD 80 K.

Segment Revenue

• Net Gaming Revenue: For the nine months ended September 30, 2025, net gaming revenue was $15.8 million, a decrease from $18.5 million in the same period in 2024, primarily due to exits from multiple markets, including Norway.
• Net Revenue from Non-Core Services: Increased by $2.8 million or 210.2% to $4.1 million during the nine months ended September 30, 2025, compared to $1.3 million in the same period in 2024, primarily due to continued optimization of marketing efforts.

Operational Metrics

• Net Income (Loss): The company reported a net loss of $201 thousand for the nine months ended September 30, 2025, compared to a net loss of $3.9 million for the same period in 2024. For the three months ended September 30, 2025, net income was $3.7 million, compared to a net loss of $501 thousand in the same period in 2024.
• Operating Expenses: Total operating expenses for the nine months ended September 30, 2025, were $23.6 million, slightly up from $23.6 million in the same period in 2024.

Cash Flow

• Net Cash Used in Operating Activities: For the nine months ended September 30, 2025, net cash used in operating activities was $4.5 million, an increase from $1.4 million used in the same period in 2024.
• Net Cash Used in Investing Activities: $480 thousand for the nine months ended September 30, 2025, compared to $325 thousand in the same period in 2024.

Future Outlook and Strategy

• Core Business Focus: The company plans to focus on entering regulated markets in Europe, North, and South America, with an expected initial entry into North American markets by the end of 2026. The strategy includes leveraging the scalability of its platform to launch new brands and target new demographics while maintaining the current cost structure.
• Non-Core Business: The company is optimizing its marketing efforts to increase revenue from non-core services, which has shown significant growth. The company is also exploring opportunities for future brand launches to expand its market presence.