High Roller Technologies, Inc. · AMEX:ROLR
High Roller Technologies — IPO Roadshow (September 2024)
32 slides from High Roller Technologies's IPO roadshow presentation, Sep 26, 2024
Slide 1: Company Overview: Fall 2024
Filed pursuant to Rule 433 of the Securities Act of 1933 Issuer Free Writing Prospectus dated September 26, 2024 Relating to Preliminary Prospectus dated September 19, 2024 Registration Statement File No. 333276176 Company Overview: Fall 2024
Slide 2: Free Writing Prospectus Statement
Free Writing Prospectus Statement 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 (including a preliminary prospect
Slide 3: Forward Looking Statements
Forward Looking Statements Certain statements in this presentation constitute “forward-looking statementsˮ 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 statements in this Free Writing
Slide 4: Explanatory Notes on Use of Non-GAAP Financial Measures
Explanatory Notes on Use of Non-GAAP Financial Measures We believe “Adjusted EBITDA,ˮ a “non-GAAP financial measure,ˮ as such term is defined under the rules of the U.S. Securities and Exchange Commission (the “SECˮ), is useful in evaluating our operating performance. We use Adjusted EBITDA to evalu
Slide 5: Offering Summary
Offering Summary ISSUER HIGH ROLLER TECHNOLOGIES, INC. LISTING / SYMBOL NYSE American: ROLR SHARES OFFERED 1,250,000 Shares of Common Stock EXPECTED PRICE $8.00 USE OF PROCEEDS SOLE BOOKRUNNING MANAGER HIGH ROLLER TECHNOLOGIES, INC. ✦ ✦ ✦ ✦ New user acquisition: marketing, promotion and advertising
Slide 6: About Us
About Us HIGH ROLLER TECHNOLOGIES, INC. 6
Slide 7: Our vision is to lead online casino gaming
“ Our vision is to lead online casino gaming by delivering one of the most immersive and engaging experiences on the planet. HIGH ROLLER TECHNOLOGIES, INC. ” 7
Slide 8: Significant Year Over Year Growth
Significant Year Over Year Growth Financial highlights as of 12.31.2023* Revenue Average revenue per user Average deposit per user Unique depositors $29.7M $575 $1.5K 49.8K Bets Customer deposits Active users First time depositors $714M $74.7M 51.4K 41.5K +60% YoY +79% YoY HIGH ROLLER TECHNOLOGIES,
Slide 9: Strong Revenue Growth Potential Through New Market Expansion
Strong Revenue Growth Potential Through New Market Expansion Size of our existing addressable market: Size of the world iGaming addressable market: Our revenue: Expansion strategy: $3.3B* $29.7M** $135B* Accelerate growth into our existing markets, investment in technology and secure market access t
Slide 10: Sizable High Growth Industry
Sizable High Growth Industry Online Gambling ‘iGamingʼ is a high growth industry driven by digital transformation. 2023 2027 Total worldwide gambling*: Total worldwide gambling*: $540 billion $681 billion (projected) Online share: Online share: $135 billion 25% $210 billion (projected) 31% Represent
Slide 11: We attracted over 25,000 players in our first year
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. HIGH ROLLER TECHNOLOGIES, INC. 11
Slide 12: Fruta.com launched in December 2023
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. 12
Slide 13: Our Brands are Optimized to Enjoy on All Devices
Our Brands are Optimized to Enjoy on All Devices HIGH ROLLER TECHNOLOGIES, INC. 13
Slide 14: We Have the World's Best Online Casino Games
We Have the World's Best Online Casino Games Over 4,400 games from more than 70 leading game providers that players know and trust HIGH ROLLER TECHNOLOGIES, INC. 14
Slide 15: Live Casino is a High Growth Vertical
Live Casino is a High Growth Vertical 15
Slide 16: Our Marketing Expertise is our Advantage
Our Marketing Expertise is our Advantage Extensive marketing experience and key strategic relationships provide us with access to high-value players in current and future target markets Paid Search TV & Radio SEO A iliate Email & SMS Streaming HIGH ROLLER TECHNOLOGIES, INC. 16
Slide 17: Our Player Acquisition Engine Scales with Investment
Our Player Acquisition Engine Scales with Investment In 2023, our marketing spend of $13.9M* resulted in $29.7M of revenue SEO Bonus campaigns Above the line Marketing $1 Paid Search VIP management Revenue 24/7 customer support Affiliates Streaming Reactivations $2.13 Retentions Email and SMS Market
Slide 18: End-to-End Tech Strategy
End-to-End Tech Strategy Website and mobile solutions AI driven content management system Platform Desktop Content, supplier and lobby management Casino content and payment supplier integrations Proprietary HIGH ROLLER TECHNOLOGIES, INC. Tablet Mobile (iOS Android) Bonuses, promotions and segmentati
Slide 19: Primary Growth Drivers From Use of Proceeds
Primary Growth Drivers From Use of Proceeds Ramp up player acquisition, directly driving top-line revenue growth HIGH ROLLER TECHNOLOGIES, INC. Continued investment in technology, driving higher margins and reducing time to market Expansion into new markets, substantially increasing our addressable
Slide 20: Avenues to Regulated Markets
Avenues to Regulated Markets Licensing Market access Joint venture 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 J
Slide 21: Current Markets and Global Expansion Strategy
Current Markets and Global Expansion Strategy High Roller Team: Malta, Texas, California, Nevada Existing markets HIGH ROLLER TECHNOLOGIES, INC. New markets of interest 21
Slide 22: Quarterly Growth Trends
Quarterly Growth Trends Quarterly Active Players 22.5K +32% YoY HIGH ROLLER TECHNOLOGIES, INC. Active Players Quarterly UDCs 21.2K Unique Depositing Customers UDCs +31% YoY 22
Slide 23: Quarterly Bets Placed (in millions)
Quarterly Bets Placed (in millions) HIGH ROLLER TECHNOLOGIES, INC. 23
Slide 24: Annual Consolidated Statements of Operations Data
Annual Consolidated Statements of Operations Data: In USD 1,000 Revenue Operating expenses: Direct operating costs General and administrative Advertising and promotions Product and software development Loss on impairment of intangible assets Total operating expenses Loss from operations Interest exp
Slide 25: Reconciliation of Annual GAAP Net Loss to Non-GAAP Adjusted EBITDA
Reconciliation of Annual GAAP Net Income (Loss) to Non-GAAP Adjusted EBITDA: In USD 1,000 Revenue Net loss Interest expense, net Income tax expense (benefit) Share-based compensation Foreign exchange loss Depreciation and amortization Loss on impairment of intangible assets Adjusted EBITDA Adjusted
Slide 26: Six Months Ended Unaudited Consolidated Statements of Operations Data
Six Months Ended Unaudited Consolidated Statements of Operations Data: In USD 1,000 Revenue Operating expenses: Direct operating costs General and administrative Advertising and promotions Product and software development Total operating expenses Loss from operations Other expense Loss before income
Slide 27: Reconciliation of Six Months GAAP Net Loss to Adjusted EBITDA
Reconciliation of Unaudited Six Months Ended GAAP Net Income (Loss) to Non-GAAP Adjusted EBITDA: In USD 1,000 Revenue Net loss Interest expense, net Income tax expense (benefit) Six months ended Six months ended June 30, 2024 June 30, 2023 Variance $12,310 $14,915 $2,605 $ 3,353 $ 888 $ 2,465 50 62
Slide 28: Unaudited Consolidated Balance Sheet Data
Unaudited Consolidated Balance Sheet Data: In USD 1,000 Assets Cash and cash equivalents, and restricted cash Prepaid expenses and other current assets Total current assets Due from affiliates Tangible and intangible assets, net Other non-current assets Total assets Liabilities and Stockholders' Equ
Slide 29: Management Team Comprised of Industry Veterans
Management Team Comprised of Industry Veterans Ben Clemes CEO ● ● ● 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 Sven Kaltenegger CMO ● ● HIGH ROLLER
Slide 30: Board of Directors
Board of Directors Michael Cribari Co-Founder, Chairman ● ● 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 company, Ellmount Interactive AB Kristen Bri Director
Slide 31: Capitalization Table
Capitalization Table Pre-Offering as of September 16, 2024 Common Shares Outstanding Warrants WAEP $2.37 7,016,267 39,172 Options WAEP $6.93 258,454 Restricted Stock Units 142,490 Fully Diluted Shares Outstanding HIGH ROLLER TECHNOLOGIES, INC. 7,456,383 31
Slide 32: Investment Summary
Investment Summary Revenue Deposits Active users High growth market $29.7M $74.7M 51.4K $210B +60% YoY +114% YoY +77% YoY Projected market size by 2027 Premium brand value HighRoller.com is the ultimate iCasino brand, resonating to the highest value player segment Highly experienced management team
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