| Metric | Value ($ M) | Q2 FY25 | Q3 FY24 |
|---|---|---|---|
| Revenue | 6.28 | 9.5% | 16.5% |
| Total Income | 6.28 | 9.5% | 16.5% |
| Expenditure | 6.20 | 16.7% | 22.4% |
| PBT | 0.03 | 105.4% | 106.0% |
| Net Profit | 3.67 | 722.0% | 834.0% |
| OPM | 1.27% | 8.51pp | 7.58pp |
| NPM | 58.38% | 66.92pp | 65.05pp |
| EPS | 0.43 | 714.3% | 714.3% |
High Roller Technologies Reports Q3 2025 Results: Achieves First Quarterly Profit
04 May 2026 · 4 May, 7:28 am
Summary
High Roller Technologies reported its financial results for the third quarter ended September 30, 2025. The company achieved its first quarterly profit as a public company, with revenue of $6.3 million. Adjusted EBITDA was $622 thousand, representing a 9.9% margin. The company also reported a decrease in operating expenses and an increase in stockholder equity. Management is focused on creating long-term shareholder value through smart growth, robust governance, and exceptional customer experiences.
Key Highlights
- 1
High Roller Technologies reported Q3 2025 revenue of $6.3 million.
- 2
The company achieved its first ever quarterly profit as a public company in Q3 2025.
- 3
Adjusted EBITDA for Q3 2025 was $622 thousand, resulting in an Adjusted EBITDA margin of 9.9%.
- 4
Total operating expenses decreased by 22% to $6.2 million for the three months ended September 30, 2025.
- 5
Adjusted earnings per share were $0.07 for the three months ended September 30, 2025.
- 6
Total wagers exceeded $146 million during the quarter, demonstrating a resilient core customer base.
- 7
The company increased stockholder equity to $6.6 million.
Management Comments
Seth Young
High Roller delivered a standout third quarter, achieving quarterly profitability for the first time since becoming a public company — a major milestone that underscores the strength of our strategic transformation. This success reflects the dedication of our incredible team, disciplined financial management, and unwavering commitment to operational excellence. During Q3, High Roller generated $6.3 million in total revenue, including approximately $5 million in net gaming revenue, and delivered positive net income. Our strategy centers on creating long-term shareholder value through smart growth, robust governance, and exceptional customer experiences. We’re committed to doing this the right way; with prudence, compliance, and performance discipline. We’re only beginning to unlock the full potential of our brand and our team, and our conviction remains incredibly strong as we take steps towards implementing new products and expanding into new markets. On behalf of the entire High Roller organization, it is my privilege to thank Emily for her leadership and dedication during her tenure as COO and Chief of Staff. We wish Emily great success in her future endeavors. We’re thrilled to welcome Jake to the team. Jake brings nearly two decades of technical, regulatory, and operational experience to our leadership team. I have no doubt that Jake’s experience, passion, and work ethic will have an immediate and highly positive impact on our organization.
Jake Francis
I’m honored to join High Roller at such an impactful time in the company’s journey. The company has a strong foundation that I’m excited to continue building upon, and I look forward to doing my part to ensure that we are delivering both world-class experiences for our players, and sustainable value for our shareholders.
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