High Roller Technologies has reported positive quarterly net income for the first time since listing in New York one year ago.

Operating income was $80,000 (£60,872) in Q3 , compared with an operating loss of $474,000 for the same three months in 2024.

The High Roller, Fruta and Kassuuu parent company reported $6.3m revenue for Q3 2025, representing a 16% drop year on year (YoY) versus $7.5m in Q3 2024.

The operator attributed the reduction to “exiting certain markets and focusing efforts on markets that produce more profitable revenue”.

Adjusted EBITDA for the quarter was $622,000, up from $40,000 in Q3 2024. The firm also reported increased gross margins and lowered operating expenses.

High Roller said 21,800 active users and 20,128 unique depositing customers were logged during the quarter, representing increases of approximately 11% and 18%, respectively.

High Roller closed its initial public offering at $8 per share at the end of October 2024.

Other highlights in the quarter include the launch of casino brand Kassuuu in Finland and the announcement of a new CEO, Seth Young, to replace Ben Clemes.

On the Q3 financial results, Young remarked: “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.

“This success reflects the dedication of our incredible team, disciplined financial management and unwavering commitment to operational excellence.

“Our strategy centres 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, and our conviction remains incredibly strong as we take steps towards implementing new products and expanding into new markets,” he added.

High Roller’s shares are up 10.2% in after-hours trading, with the earnings report being published post-market close yesterday, 11 November.

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