High roller technologies director buys $13,000 in common stock

Published 21/05/2025, 15:58
High roller technologies director buys $13,000 in common stock

LAS VEGAS—Daniel Waldemar Bradtke, a director at High Roller Technologies, Inc. (NASDAQ:ROLR), recently acquired 5,000 shares of the company’s common stock. The purchase was made on May 19, 2025, at a price of $2.60 per share, totaling $13,000. The purchase price represents a premium to the current trading price of $2.26, with the stock having declined over 15% in the past week alone. According to InvestingPro analysis, the company’s shares have fallen more than 70% over the past year. This transaction increased Bradtke’s direct ownership to 10,900 shares.

In addition to his direct holdings, Bradtke holds indirect beneficial ownership of 119,305 shares through DJLD Investments Limited, where he has sole voting and dispositive power over the shares. The open market purchase aligns with High Roller Technologies’ trading policies.

In other recent news, High Roller Technologies reported a 4% increase in revenue for the first quarter of 2025, reaching $6.8 million. Despite this growth, the company’s net loss widened to $3.3 million, attributed primarily to a 50% increase in marketing expenses. The company is focusing on strategic market entries and product innovations to drive future growth. High Roller Technologies is optimistic about expanding into the regulated markets of Ontario and Alberta, with plans to enter Ontario in the second half of 2025. The company also announced the appointment of Adam Felman as the new Chief Financial Officer, bringing experience from Digital Gaming Corporation. CEO Ben Clemes expressed confidence in Felman’s expertise to support the company’s growth. High Roller Technologies is also exploring potential expansion into sports betting, with a focus on improving cash flow and margins in the latter half of 2025.

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