High Roller Lifts Q3 Profitability And Names Jake Francis New COO

High Roller Technologies, based in Las Vegas, delivered a new phase of growth in its third-quarter update while also making a major addition to its leadership team. The company reached quarterly profitability for the first time since going public and introduced Jake Francis as its new COO.

Good to Know

• Net revenue reached $6.3 million, a 16% decline year over year
• Adjusted EBITDA rose 72% quarter over quarter
• Jake Francis joined as COO, stepping in for Emily Micallef

High Roller reported nearly $5 million in net gaming revenue for the period and logged $622,000 in Adjusted EBITDA. The figure reflected a sharp quarterly jump and marked renewed stability at a time when the operator is strengthening operations and preparing for new product rollouts.

Q3 Financials Show Higher Efficiency

The company posted a 9.9 percent Adjusted EBITDA margin for Q3. While net revenue slipped compared to last year, the business saw clear improvements in operational performance and cost discipline. CEO Seth Young said the quarter marked a meaningful milestone.

Young said:

“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.”

He credited the result to financial discipline and consistent performance across the business.

Company Strategy And Growth Plans

Young said the company remains focused on delivering value through disciplined expansion and an emphasis on customer experience. He said:

“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.”

Leadership Shift As Jake Francis Steps In As COO

Alongside the financial update, High Roller named Jake Francis as COO. Francis brings close to twenty years of experience covering technical operations, gaming compliance, and regulatory work. His background includes roles at BlueBet, Penn Entertainment, Hard Rock, NYX Gaming Group, and the Pennsylvania Gaming Control Board.

Emily Micallef, the outgoing COO, will remain involved with the company in an advisory role. CEO Seth Young thanked her for her service and welcomed Francis with confidence in his leadership.

Young said:

“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.”

He added:

“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.”

Francis holds an MBA from Temple University, a Marketing degree from Lehigh University, and certification as a Six Sigma Black Belt. He expressed enthusiasm for joining the company at a time of growth and transformation saying:

“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.”

FAQ

Why did net revenue decline year over year for High Roller?

The decrease came from softer results compared to the same quarter last year, even as operational efficiency improved.

Did High Roller improve profitability?

Yes. Adjusted EBITDA rose 72 percent quarter over quarter, and the company achieved quarterly profitability for the first time since going public.

Who is the new COO of High Roller Technologies?

Jake Francis, an industry veteran with experience at BlueBet, Penn Entertainment, Hard Rock, and NYX Gaming Group.

What is happening with former COO Emily Micallef?

She is transitioning into an advisory role.

What are the company’s strategic priorities?

High Roller plans to advance new products, strengthen compliance, and expand into additional markets.

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