The stock may react positively to the capital raise and Crypto.com partnership, but traders should monitor whether the new prediction market venture can reverse revenue declines. Watch for Q1 2026 revenue trends and progress on U.S. market entry.
Price Chart
Executive Summary
High Roller Technologies reported full-year 2025 revenue of $20.5 million, down 11.9% YoY, with a net income turnaround from a $8.6M loss to $690K profit. The company exited unprofitable markets, improved cost structure, and raised $26M in capital. It also announced a strategic partnership with Crypto.com to enter the U.S. prediction markets, positioning for future growth despite declining top-line performance.
Key Financial Metrics
Key Facts
- Full-year 2025 revenue was $20.5 million, down 11.9% from $23.2 million in 2024
- Net income from continuing operations improved to $690K in 2025 vs. $8.6M loss in 2024
- Adjusted EBITDA improved to -$3.7M in 2025 from -$5.7M in 2024
- Company raised $26M in capital post-year-end: $1M private placement and $25M registered direct offering
- Entered binding LOI with Crypto.com | Derivatives North America to launch U.S. event-based prediction markets
- Exited certain B2C markets in 2025 due to regulatory shifts, contributing to revenue decline
Financial Impact
Revenue down $2.7M YoY but profitability restored; $26M capital raise significantly strengthens balance sheet
Risk Factors
- Revenue has declined for two consecutive years; core business contraction may offset new initiatives
- Prediction market opportunity is unproven and subject to regulatory uncertainty in the U.S.
- The $25M offering at $13.21/share implies significant dilution (~22% increase in shares outstanding)
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3253305 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 23, 2026 3d ago | 8-K | $5.08 | awaiting T+5 | — | $5.08 (−0.00%) |
Oct 16, 2026 10d ago | 10-Q/A | $5.46 $5.09 | ▲ +6.78% | ▲ +6.63% | $5.08 (+6.96%) |
Oct 16, 2026 10d ago | 10-Q/A | $5.46 $5.09 | ▲ +6.78% | ▲ +6.63% | $5.08 (+6.96%) |
Oct 16, 2026 10d ago | 8-K | $5.46 $5.09 | ▲ +6.78% | ▲ +6.63% | $5.08 (+6.96%) |
Oct 14, 2026 12d ago | 8-K | $4.86 $5.28 | ▲ +8.64% | ▲ +8.19% | $5.08 (+4.53%) |
Oct 13, 2026 13d ago | 8-K | $4.65 $4.99 | ▲ +7.31% | ▲ +8.46% | $5.08 (+9.25%) |
Jun 29, 2026 17w ago | 8-K | $5.92 $6.17 | ▲ +4.22% | ▲ +3.62% | $5.08 (−14.19%) |
May 12, 2026 23w ago | Press Release | $6.36 $5.16 | ▼ −18.87% | ▼ −17.71% | $5.08 (−20.13%) |
May 8, 2026 24w ago | Press Release | $7.65 $5.64 | ▼ −26.27% | ▼ −26.19% | $5.08 (−33.59%) |
Apr 20, 2026 27w ago | 8-K | $7.56 $9.92 | ▲ +31.22% | ▲ +30.13% | $5.08 (−32.80%) |
US Market Status
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