High Roller Technologies, Inc. · AMEX:ROLR
High Roller Technologies — IPO Roadshow (June 2024)
32 slides from High Roller Technologies's IPO roadshow presentation, Jun 28, 2024
Slide 1: Company Overview: Summer 2024
Company Overview: Summer 2024 Filed pursuant to Rule 433 of the Securities Act of 1933 Issuer Free Writing Prospectus dated June 28, 2024 Relating to Preliminary Prospectus dated June 18, 2024 Registration Statement File No. 333-276176
Slide 2: Free Writing Prospectus Statement
HIGH ROLLER TECHNOLOGIES, INC. Free Writing Prospectus Statement 2 This presentation highlights basic information about us and the proposed offering. Because it is a summary, it does not contain all of the information that you should consider before investing. We have filed a registration statement
Slide 3: Forward Looking Statements
HIGH ROLLER TECHNOLOGIES, INC. Forward Looking Statements 3 Certain statements in this presentation constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, each as amended. We make forward-looking
Slide 4: Explanatory Notes on Use of Non-GAAP Financial Measures
HIGH ROLLER TECHNOLOGIES, INC. Explanatory Notes on Use of Non-GAAP Financial Measures We believe “Adjusted EBITDA,” a “non-GAAP financial measure,” as such term is defined under the rules of the U.S. Securities and Exchange Commission (the “SEC”), is useful in evaluating our operating performance.
Slide 5: Offering Summary
HIGH ROLLER TECHNOLOGIES, INC. 5 Offering Summary ISSUER HIGH ROLLER TECHNOLOGIES, INC. LISTING / SYMBOL NYSE American: ROLR SHARES OFFERED 1,500,000 Shares of Common Stock EXPECTED PRICE RANGE $8.00 to $10.00 USE OF PROCEEDS ✦ New user acquisition: marketing, promotion and advertising ✦ Expansion t
Slide 6: About Us
HIGH ROLLER TECHNOLOGIES, INC. About Us 6
Slide 7: Our vision is to lead online casino gaming
HIGH ROLLER TECHNOLOGIES, INC. 7 Our vision is to lead online casino gaming by delivering one of the most immersive and engaging experiences on the planet. “ “
Slide 8: Significant Year Over Year Growth
HIGH ROLLER TECHNOLOGIES, INC. *YoY comparison is for the year ended December 31, 2023 as compared to the year ended December 31, 2022 8 Significant Year Over Year Growth Revenue $29.7M +60% YoY Average revenue per user $575 +11% YoY Average deposit per user $1.5K +24% YoY Unique depositors 49.8K +7
Slide 9: Strong Revenue Growth Potential Through New Market Expansion
HIGH ROLLER TECHNOLOGIES, INC Strong Revenue Growth Potential Through New Market Expansion Size of our existing addressable market: $3.3B* Our revenue: $29.7M** 9 Size of the world iGaming addressable market: $135B* Expansion strategy: Accelerate growth into our existing markets, investment into tec
Slide 10: Sizable High Growth Industry
HIGH ROLLER TECHNOLOGIES, INC. 10 Sizable High Growth Industry Online Gambling ‘iGaming’ is a high growth industry driven by digital transformation. Total worldwide gambling*: $540 billion Total worldwide gambling*: $681 billion (projected) Online share: $135 billion (25%) 2023 2027 Data source: H2
Slide 11: We attracted over 25,000 players in our first year
HIGH ROLLER TECHNOLOGIES, INC. 12 We attracted over 25,000 players in our first year of operation, and doubled our user base in 2023 to over 50,000 players, creating a foundation for scalable growth.
Slide 12: Fruta.com launched December 2023
13 Launched in December 2023, Fruta.com is strategically positioned for the Latin American market, as well as broad global appeal with a memorable premium brand.
Slide 13: Our Brands are Optimized to Enjoy on All Devices
HIGH ROLLER TECHNOLOGIES, INC. 14 Our Brands are Optimized to Enjoy on All Devices
Slide 14: We Have the World's Best Online Casino Games
HIGH ROLLER TECHNOLOGIES, INC. 15 We Have the World's Best Online Casino Games Over 3,000 games from more than 50 leading game providers that players know and trust
Slide 15: Live Casino is a High Growth Vertical
16 Live Casino is a High Growth Vertical
Slide 16: Our Marketing Expertise is our Advantage
HIGH ROLLER TECHNOLOGIES, INC. 17 Our Marketing Expertise is our Advantage Paid Search TV & Radio SEO Affiliate Email & SMS Streaming Extensive marketing experience and key strategic relationships provide us with access to high-value players in current and future target markets
Slide 17: Our Player Acquisition Engine Scales with Investment
HIGH ROLLER TECHNOLOGIES, INC. 18 Our Player Acquisition Engine Scales with Investment In 2023, our marketing spend of $13.9M* resulted in $29.7M of revenue *Marketing spend for this purpose includes all advertising and promotional expense included in our Statement of Operations, as well as $6.3 mil
Slide 18: End-to-End Tech Strategy
HIGH ROLLER TECHNOLOGIES, INC. Desktop End-to-End Tech Strategy 19 Website and mobile solutions Content, supplier and lobby management Casino content and payment supplier integrations Player account management Single source of truth database, real-time data broker Bonuses, promotions and segmentatio
Slide 19: Primary Growth Drivers From Use of Proceeds
HIGH ROLLER TECHNOLOGIES, INC. 20 Continued investment in technology, driving higher margins and reducing time to market Expansion into new markets, substantially increasing our addressable market and revenue potential Ramp up player acquisition, directly driving top-line revenue growth Primary Grow
Slide 20: Avenues to Regulated Markets
HIGH ROLLER TECHNOLOGIES, INC. 21 Licensing Market access Applying for a license for a specific market through the local regulatory body, for example, Estonia, Curacao, Ontario, Sweden, Netherlands. Agreement with a local license holder to launch a brand on their license, for example, New Jersey, Pe
Slide 21: Current Markets and Global Expansion Strategy
HIGH ROLLER TECHNOLOGIES, INC. 22 Current Markets and Global Expansion Strategy New markets of interest High Roller Team: Malta, Texas, California, Nevada Existing markets
Slide 22: Quarterly Growth Trends
HIGH ROLLER TECHNOLOGIES, INC. 23 Quarterly Growth Trends Active Players Quarterly Active Players 22.4K +45% YoY Unique Depositing Customers (UDCs) Quarterly UDCs 20.8K +40% YoY
Slide 23: Quarterly Bets Placed
HIGH ROLLER TECHNOLOGIES, INC. 24 Quarterly Bets Placed
Slide 24: Annual Consolidated Statements of Operations Data
HIGH ROLLER TECHNOLOGIES, INC. 25 Annual Consolidated Statements of Operations Data: In USD 1,000 Year ended December 31, 2023 Year ended December 31, 2022 Variance Revenue $29,675 $18,492 $11,183 Operating expenses: Direct operating costs 13,648 7,543 6,105 General and administrative 10,529 7,232 3
Slide 25: Reconciliation of Annual GAAP Net Loss to Adjusted EBITDA
HIGH ROLLER TECHNOLOGIES, INC. 26 Reconciliation of Annual GAAP Net Income (Loss) to Non-GAAP Adjusted EBITDA: In USD 1,000 Year ended December 31, 2023 Year ended December 31, 2022 Variance Revenue $29,675 $18,492 $11,183 Net loss $(2,818) $(3,058) $240 Interest expense, net 114 107 7 Income tax ex
Slide 26: Q1 Consolidated Statements of Operations Data
HIGH ROLLER TECHNOLOGIES, INC. 27 Q1 Consolidated Statements of Operations Data: In USD 1,000 Quarter ended March 31, 2024 Quarter ended March 31, 2023 Variance Revenue $6,507 $7,314 (807) Operating expenses: Direct operating costs 3,330 3,468 (138) General and administrative 2,707 2,486 221 Adverti
Slide 27: Reconciliation of Quarterly GAAP Net Loss to Adjusted EBITDA
HIGH ROLLER TECHNOLOGIES, INC. 28 Reconciliation of Quarterly GAAP Net Income (Loss) to Non-GAAP Adjusted EBITDA: In USD 1,000 Quarter ended March 31, 2024 Quarter ended March 31, 2023 Variance Revenue $6,507 $7,314 (807) Net loss $(1,849) $(209) $(1640) Interest expense, net 26 31 (5) Income tax ex
Slide 28: Consolidated Balance Sheet Data
HIGH ROLLER TECHNOLOGIES, INC. 29 Consolidated Balance Sheet Data: In USD 1,000 March 31, 2024 Pro Forma* Assets Cash and cash equivalents, and restricted cash $3,408 $15,440 Prepaid expenses and other current assets 788 Total current assets 4,196 Due from affiliates 424 Tangible and intangible asse
Slide 29: Management Team Comprised of Industry Veterans
HIGH ROLLER TECHNOLOGIES, INC. 30 Ben Clemes CEO Ma Teinert CFO ● 18+ years experience in online gaming ● Co-founder of Gaming Innovation Group, serving as MD and CCO of the platform unit ● Extensive experience in regulated markets, casino and business development ● 12+ years experience of full cycl
Slide 30: Board of Directors
HIGH ROLLER TECHNOLOGIES, INC. 31 Michael Cribari Co-Founder, Chairman Brandon Eachus Co-Founder, Director ● Over 16 years of experience in investing in various European-based iGaming businesses ● Director of global iGaming company Spike Up Media for the past five years and Chairman of the parent co
Slide 31: Capitalization Table
HIGH ROLLER TECHNOLOGIES, INC. 32 Capitalization Table Pre-Offering as of May 31, 2024 Common Shares Outstanding 7,012,806 Warrants (WAEP: $2.37) 39,172 Options (WAEP: $5.00) Restricted Stock Units 268,454 109,886 Fully Diluted Shares Outstanding 7,430,318
Slide 32: Investment Summary
HIGH ROLLER TECHNOLOGIES, INC. 33 Premium brand value HighRoller.com is the ultimate iCasino brand, resonating to the highest value player segment Highly experienced management team Over 90 years combined experience in online gambling and development AI-Driven development Reduces operational costs t