High roller technologies announces financial results for the three months ended september 30, 2024

-company delivers 30% quarter-over-quarter revenue growth  -filing follows high roller's recent ipo on nyse in october 2024 raising gross proceeds of $10 million las vegas, nevada, dec. 04, 2024 (globe newswire) -- high roller technologies, inc. (“high roller” and the “company”) (nyse american: rolr), operator of www.highroller.com and www.fruta.com, each a premium brand in online gaming and a destination for high rollers, announced today that it has filed its financial results for the three months ended september 30, 2024. third quarter 2024 summary company reported total revenue of $7.5 million for the three months ended september 30, 2024, consisting of net gaming revenue and services generated through intra-group arrangements 30% increase in quarter-over-quarter revenue resulting from the company's continued focus on marketing efficiencies and cost optimization net loss per share of ($0.07) for the three months ended september 30, 2024, compared to net loss per share of ($0.03) for the three months ended september 30, 2023 company ended the quarter with cash, cash equivalents of $2.9 million, inclusive of restricted cash achieved positive adjusted ebitda for the three months ended september 30, 2024 of $40 thousand, marking a significant improvement from the negative ebitda of ($1.0 million) reported in the three months ended june 30, 2024 third quarter 2024 financial summary the company reported revenue from operations of $7.5 million for the third quarter ending september 30, 2024, reflecting a 30% increase over the previous quarter's revenue of $5.8 million.
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