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Quarterly ResultMay 12, 2026, 05:12 PM

High Roller Technologies to Launch US Prediction Markets; Q1 Net Loss $(3.0)M

AI Summary

High Roller Technologies, Inc. announced its planned launch of a ROLR-branded U.S. prediction markets product, supported by an agreement with Crypto.com | Derivatives North America and strategic marketing partnerships. Concurrently, the company reported its first-quarter 2026 financial results, showing a net revenue of $3.4 million, a 35% decrease year-over-year, primarily due to strategic exits from certain markets. Despite the revenue decline, the company significantly improved its operating efficiency, reducing total operating expenses by 28% and improving its Adjusted EBITDA to negative $1.3 million from negative $3.0 million in Q1 2025. The company also strengthened its balance sheet with a $25 million direct offering and regained NYSE American listing compliance.

Key Highlights

  • High Roller Technologies plans to launch ROLR-branded U.S. prediction markets product, supported by Crypto.com agreement.
  • Secured strategic marketing partnerships with Lines.com, Forever Network, and Leverage Game Media for prediction markets.
  • Completed a $1.0 million strategic investment by Saratoga Casino Holdings and a $25 million registered direct offering.
  • Regained compliance with NYSE American listing standards and boosted working capital to $18.1 million.
  • Net revenues were $3.4 million, a 35% decrease from $5.2 million in Q1 2025.
  • Total operating expenses decreased 28% to $6.4 million from $8.9 million in Q1 2025.
  • Loss from operations improved to $(3.0) million from $(3.7) million in Q1 2025.
  • Adjusted EBITDA improved to negative $(1.3) million from negative $(3.0) million in Q1 2025.