Las Vegas-based High Roller Technologies has released its financial results for the fourth quarter of 2024 and the full fiscal year. The company reported $8.1 million in revenue for Q4, marking a 12% increase compared to the same period in 2023. Despite posting a net loss per share of $0.30, the loss was less than half of what was recorded in the previous year’s fourth quarter.
For the entire fiscal year, High Roller generated $27.9 million in revenue, reflecting a decline compared to the previous year. However, the company pointed to a stronger balance sheet, highlighting an improvement in cash and cash equivalents, which reached $6.9 million—more than triple the amount at the end of 2023. Total assets also saw growth, rising by nearly $5 million to $16.6 million.
CEO Ben Clemes addressed the results, noting the company’s 12% year-over-year revenue increase in Q4 and emphasizing the importance of its strategic realignment plan. Following a successful IPO in October, Clemes expressed confidence in laying a strong foundation for sustained growth. He reiterated High Roller’s commitment to expanding into new markets, supported by its established brand and operational expertise.
The company continues to grow its online gaming portfolio, which now includes more than 4,400 games from nearly 80 providers. Players have access to a variety of options, including video slots, blackjack, roulette, baccarat, craps, and video poker. Additionally, High Roller is in the process of applying for an Ontario gaming license as it looks to extend its reach into new regions.
“As we continue to evolve as an online iCasino operator, I am confident that our premium brand and deep industry expertise are strong tailwinds for us in this dynamic, growing market,” Clemes said.
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