High Roller Technologies, Inc. financial statements
Income statement, balance sheet and cash flow statement for the last 3 fiscal years, taken from the XBRL data High Roller Technologies, Inc. files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2024
FY2024
FY2025
Revenue
29.7
23.2
20.5
Operating income
-2.69
-8.49
-6.18
Interest expense
0.11
0.12
0.07
Other non-operating income
-0.11
-0.12
3.93
Pre-tax income
-2.81
-8.61
-2.25
Income tax
0.01
0.01
-2.94
Income from continuing operations
-8.62
0.69
Net income
-2.82
-5.92
3.16
EBITDA
-2.63
-8.25
-5.86
EPS, basic
-0.42
-0.82
0.37
EPS, diluted
-0.42
-0.82
0.33
Shares, basic (weighted)
6.64
7.25
8.44
Shares, diluted (weighted)
6.64
7.25
9.66
Balance sheet
FY2024
FY2024
FY2025
Cash and equivalents
2.09
6.87
2.08
Other current assets
0.84
0.8
0.78
Total current assets
4.88
8.78
5.81
Property, plant and equipment
0.25
0.37
0.42
Lease right-of-use assets
0
0.91
0.83
Intangible assets
5.12
4.61
10.5
Other non-current assets
0.26
0.04
0.06
Total assets
11.8
16.6
18.5
Accrued liabilities
4.3
4.31
3.37
Total current liabilities
9.46
10.2
7.15
Lease liabilities
0
0.73
0.64
Other non-current liabilities
0.02
0.01
1.08
Total liabilities
9.48
10.9
8.88
Paid-in capital
22.1
31.6
32.9
Retained earnings
-21.2
-27.1
-24.3
Other comprehensive income
1.47
1.3
1
Shareholders' equity
2.31
5.72
9.64
Total equity
2.31
5.72
9.64
Total liabilities and equity
11.8
16.6
18.5
Shares outstanding
6.97
8.35
8.49
Cash flow statement
FY2024
FY2024
FY2025
Net income
-2.82
-5.92
3.16
Depreciation and amortization
0.06
0.24
0.31
Stock-based compensation
0.22
1.05
1.37
Deferred income tax
0.01
0.01
-3.06
Change in payables
-0.69
0.93
-0.46
Cash from operations
0.76
-3.91
-3.23
Capital expenditures
-0.25
-0.19
-0.05
Cash from investing
-0.63
-0.47
-1.56
Cash from financing
-0.34
7.68
-0.09
Net change in cash
-0.11
3.91
-5.29
Free cash flow
0.51
-4.09
-3.28
Income taxes paid
0.03
0
Key metrics
Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $5.90 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Operating margin
-44.2%
Operating income / revenue.
EBITDA margin
-42.3%
EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin
-23.8%
Pre-tax income / revenue.
Net margin
10.8%
Net income / revenue.
FCF margin
-30.0%
Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin
-29.8%
Cash from operations / revenue.
Return on equity (ROE)
5.7%
Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)
4.6%
Net income / average total assets.
Return on invested capital (ROIC)
-47.0%
Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
Stock-based pay / revenue
7.9%
Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue
0.2%
Capital expenditures / revenue.
D&A / revenue
1.9%
Depreciation and amortization / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
-11.9%
Revenue vs the same period a year earlier. Only from a positive base.
Book value growth, 1y
68.5%
Book value vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y
11.4%
Total assets vs the same period a year earlier. Only from a positive base.
Share count change, 1y
33.3%
Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
4.14x
Current assets / current liabilities.
Quick ratio
3.31x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
3.31x
(Cash + short-term investments) / current liabilities.
Free cash flow / net income, when net income is positive.
Per share
Metric
Value
How it is calculated
EPS, diluted
$0.15
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share
$1.43
Revenue / diluted weighted shares.
FCF per share
-$0.43
Free cash flow / diluted weighted shares.
Operating cash flow per share
-$0.43
Cash from operations / diluted weighted shares.
Book value per share
$2.69
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Market cap + total debt - cash - short-term investments.
P/E
38.4x
Market cap / net income. Only when net income is positive.
P/S
4.16x
Market cap / revenue.
P/B
2.20x
Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book
3.75x
Market cap / tangible book value, when positive.
EV/Sales
3.01x
Enterprise value / revenue.
FCF yield
-7.2%
Free cash flow / market cap.
Earnings yield
2.6%
Net income / market cap (the inverse of P/E).
What was High Roller Technologies, Inc.'s revenue in fiscal 2025?
High Roller Technologies, Inc. reported revenue of $20.5M for fiscal 2025, 11.9% lower than the year before.
Was High Roller Technologies, Inc. profitable in fiscal 2025?
Yes. Net income was $3.2M, a net margin of 15.5%.
How much free cash flow did High Roller Technologies, Inc. generate in fiscal 2025?
Cash from operations of $3.2M minus capital expenditures of $51.0K left free cash flow of -$3.3M.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.