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High Roller Technologies, Inc. (NASDAQ:ROLR) CEO Benjamin Michael Clemes recently acquired additional shares in the company. According to a recent SEC filing, Clemes purchased 5,000 shares of common stock on May 19, 2025, at a price of $2.34 per share. This transaction totaled $11,700. The purchase comes as the stock trades near its 52-week low of $2.08, having declined over 70% in the past year. InvestingPro analysis indicates the company is currently trading above its Fair Value, with concerning metrics including rapid cash burn and short-term liquidity challenges.
Following this acquisition, Clemes now holds 152,353 shares in the company. The purchase was made in accordance with the company’s trading policies, as noted in the filing. With a market capitalization of $19 million and negative EBITDA of $7.1 million in the last twelve months, InvestingPro subscribers can access 12 additional key insights and a comprehensive Pro Research Report about High Roller Technologies’ financial health and future prospects.
In other recent news, High Roller Technologies reported its financial performance for the first quarter of 2025, revealing a 4% increase in revenue to $6.8 million. Despite this growth, the company experienced a widening net loss of $3.3 million, attributed mainly to a 50% increase in marketing expenses, which totaled $4.1 million. The company is focusing on expanding into regulated markets like Ontario and Alberta, with plans to enter Ontario in the latter half of 2025. High Roller Technologies also announced the appointment of Adam Felman as the new Chief Financial Officer, replacing Matt Teinert. Felman brings significant experience from his previous role at Digital Gaming Corporation. The company added 750 new games and 30,000 active depositing customers during the quarter. CEO Ben Clemens expressed optimism about future prospects, emphasizing the potential in regulated markets. These developments come as High Roller Technologies continues to navigate challenges in the competitive online gambling industry.
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