Slide 1: High Roller Technologies, Inc. Company Overview: Fall 2024
HIGH ROLLER TECHNOLOGIES, INC Company Overview: Fall 2024
Slide 2: Forward Looking Statements
Forward Looking Statements 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 statements in this presentation
Slide 3: Explanatory Notes on Use of Non-GAAP Financial Measures
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 SEC, is useful in evaluating our operating performance. We use Adjusted EBITDA to evaluate our ongoing operations and for internal plan
Slide 4: About Us
About Us HIGH ROLLER TECHNOLOGIES, INC. 4
Slide 5: 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. 5
Slide 6: 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 7: 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 8: 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 9: We attracted over 25,000 players in our first year of operation
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. 9
Slide 10: Fruta.com launched in December 2023 for Latin America
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. 10
Slide 11: Our Brands are Optimized to Enjoy on All Devices
Our Brands are Optimized to Enjoy on All Devices HIGH ROLLER TECHNOLOGIES, INC. 11
Slide 12: 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. 12
Slide 13: Live Casino is a High Growth Vertical
Live Casino is a High Growth Vertical 13
Slide 14: 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 Affiliate Email & SMS Streaming HIGH ROLLER TECHNOLOGIES, INC. 14
Slide 15: 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 16: 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 17: 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 18: 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 18
Slide 19: Quarterly Growth Trends
Quarterly Growth Trends Quarterly Active Players 25.3K +30% YoY HIGH ROLLER TECHNOLOGIES, INC. Active Players Quarterly UDCs 23.2K Unique Depositing Customers UDCs +31% YoY 19
Slide 20: Quarterly Bets Placed (in millions)
Quarterly Bets Placed (in millions) HIGH ROLLER TECHNOLOGIES, INC. 20
Slide 21: 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 expe
Slide 22: 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 E
Slide 23: Nine Months Ended Unaudited Consolidated Statements of Operations Data
Nine 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 24: Three Months Ended Unaudited Consolidated Statements of Operations Data
Three 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 incom
Slide 25: Reconciliation of Nine Months Ended GAAP Net Loss to Adjusted EBITDA
Reconciliation of Unaudited Nine 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) Share-based compensation Foreign exchange loss Depreciation and amortization Loss on impairment of intangible assets Adjus
Slide 26: Reconciliation of Three Months Ended GAAP Net Loss to Adjusted EBITDA
Reconciliation of Unaudited Three Months Ended GAAP Net Income (Loss) to Non-GAAP Adjusted EBITDA In USD 1,000 Three months ended Three months ended September 30, 2024 September 30, 2023 Variance Revenue $7,516 $7,569 $(53) Net loss Interest expense, net $(501) $(208) $(293) 27 29 (2) Income tax exp
Slide 27: Unaudited Consolidated Balance Sheet Data September 30, 2024
Unaudited Consolidated Balance Sheet Data September 30, 2024 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
Slide 28: Management Team Comprised of Industry Veterans
Management Team Comprised of Industry Veterans Ben Clemes Chief Executive Officer ● ● ● 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
Slide 29: 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 Britt Direct