EX-99.1 3 g084516_ex99-1.htm EXHIBIT 99.1

 

第99.1展示文本

 

 

公司 概况:2024年秋

 

 

 

 

HIGH ROLLER TECHNOLOGIES,INC.前瞻性语句 2 本演示文稿中的某些陈述构成"前瞻性声明",根据1933年证券法第27A条和1934年证券交易所法第21E条的意思,每一项都有修改。我们在本免费书面招股书中做出了前瞻性声明,这些声明受到风险和不确定性的影响。这些前瞻性声明包括有关我们业务、财务状况、运营结果、流动性、计划和目标的可能或假设未来结果的信息。在某些情况下,您可以通过术语"相信","可能","估计","继续","预见","愿景","打算","应该","计划","期望","预测","潜在","可能","将","将","持续","未来"或这些术语的负面形式或其他类似表达方式来确定前瞻性声明。前瞻性声明包括但不限于以下内容:•我们进军美国市场和其他市场的能力;•我们在行业中的竞争能力;•我们有关财务表现的期望,包括营业收入、成本、税息前利润和调整后的税息前利润;•我们的现金、等价物和投资是否足以满足我们的流动性需求;•我们能够减轻和解决我们网站或平台上出现的意外表现问题的能力;•我们吸引、保留和与客户保持良好关系的能力;•我们能够预见市场需求或开发以满足这些需求的新的或增强的产品和服务;•我们能够遵守现行和未来适用于我们业务的法律和法规,包括税法,以及我们对与我们业务相关的各种法律和限制的期望;•我们能够预见现行和正在制定的法律和法规对我们业务的影响,包括涉税、隐私和数据保护方面的法律;•我们能够向美国或其他外国司法管辖区的博彩管理机构获得和保持许可或批准的能力;•我们能够有效管理增长并维持企业文化的能力;•我们能够识别、招募和留住熟练人员,包括高级管理层的重要成员;•我们能够成功识别、管理、完成和整合任何现有和潜在收购;•我们能够维护、保护和增强我们的知识产权;•我们拟利用本次发行的净收益;•我们能够管理与成为上市公司相关的增加支出和合规要求;•我们能够维持我们的外国私募发行人地位;以及我们发行文件中详细阐述的其他因素。上述列表并非旨在详尽列出我们所有的前瞻性声明。这些前瞻性声明基于我们的信念、假设和对未来表现的期望,考虑到我们目前掌握的信息。这些说法仅基于我们当前对未来事件的期望和预测。有重要因素可能导致我们的实际结果、活动水平、表现或成就与前瞻性声明中表达或暗示的结果、活动水平、表现或成就存在重大差异。您不应依赖于前瞻性声明作为对未来事件的预测。尽管我们认为前瞻性声明所反映的期望是合理的,但我们无法保证未来结果、活动水平、表现、事件和情况将实现或发生。每项前瞻性声明仅代表发表当日。我们明确声明不承担任何公开发布本演示文稿中包含的任何前瞻性声明的更新或修订的义务,以反映我们的期望变化或任何基于其基础的事件、状况或情况的变化,除非法律要求,并且我们声称享有1995年刑事诉讼改革法中的前瞻性声明安全港的保护。本演示文稿突出了有关我们和拟议发行的基本信息。由于它是概要,所以它不包含您在投资之前应考虑的所有信息。本公司已向美国证券交易委员会("SEC")提交了一份注册声明,包括一份与本演示文稿相关的招股书,但该注册尚未生效。在您进行投资之前,您应阅读该注册声明中的招股书,包括其中提出的风险因素,以及根据引用或作为注册声明附件的文档获取更完整的有关公司和本次发行的信息。您可以免费访问SEC网站上的EDGAR获取这些文件。

 

 

 

 

高端科技公司,INC.关于非GAAP财务指标使用的说明我们认为“调整后的EBITDA”,一个“非GAAP财务指标”,如美国证券交易委员会(“SEC”)规定的那样,对评估我们的运营绩效很有用。我们使用调整后的EBITDA来评估我们的日常业务和内部规划和预测目的。我们认为调整后的EBITDA可能对投资者有帮助,因为它提供了与过去财务绩效的一致性和可比性。然而,调整后的EBITDA仅供补充信息目的,作为分析工具具有一定局限性,不应单独或作为按照GAAP规定提出的财务信息的替代而考虑。此外,其他公司,包括我们行业内的公司,可能以不同方式计算具有类似标题的非GAAP措施,或者可能使用其他措施来评估其绩效,所有这些都可能降低我们的非GAAP财务措施作为比较工具的实用性。在本自由书面招股说明书中,为每个非GAAP财务指标提供了与按照GAAP规定陈述的最直接可比财务指标的调和。鼓励投资者审查相关的GAAP财务指标以及这些非GAAP财务指标与其最直接可比GAAP财务指标的调和,并且不要依赖任何单一的财务指标来评估我们的业务。我们将我们的调整后的EBITDA非GAAP财务指标与我们的净利润(损失)调和,经调整以排除利息费用,所得税费用(收益),股权补偿,汇率损失(收益),折旧及摊销,减值,以及由非经常性或不规则事件导致的某些费用或收益。对于截至2023年12月31日及2022年,以及截至2024年6月30日及2023年的6个月,我们没有发生任何这类非经常性事件。

 

 

 

 

高额投注技术公司, 关于我们 4

 

 

 

 

HIGHT ROLLER TECHNOLOGIES, INC. 5 我们的愿景是通过提供地球上最身临其境和引人入胜的在线赌场arvr游戏体验,来引领在线赌场行业。“ “

 

 

 

 

HIGH ROLLER TECHNOLOGIES, INC. 6 *YoY comparison is for only the year ended December 31, 2023 as compared to the year ended December 31, 2022. Interim period 2024 financial information and quarterly KPIs are presented further below within this presentation. 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 +73% YoY Bets $714M +79% YoY Customer deposits $74.7M +114% YoY Active users 51.4K +77% YoY First time depositors 41.5K +44% YoY Financial highlights as of 12.31.2023*

 

 

 

 

HIGH ROLLER TECHNOLOGIES, INC Strong Revenue Growth Potential Through New Market Expansion Size of our existing addressable market: $3.3B* Our revenue: $29.7M** 7 Size of the world iGaming addressable market: $135B* Expansion strategy: Accelerate growth into our existing markets, investment in technology and secure market access to increase addressable market size *Data source: H2 Gambling Capital. **Year ended December 31, 2023

 

 

 

 

HIGH ROLLER TECHNOLOGIES, INC. 8 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 Gambling Capital. *iGaming includes online Sports, Bingo, Poker and Lotteries. Online share: $210 billion (projected) (31%) Representing an estimated compound annual growth rate of 9%, the iGaming industry is significantly outperforming the worldwide economy.

 

 

 

 

HIGH ROLLER TECHNOLOGIES, INC. 9 We attracted over 25,000 players in our first yearof operation, and doubled our user basein 2023 to over 50,000 players,creating a foundation for scalable growth.

 

 

 

 

10 Launched in December 2023, Fruta.com is strategically positioned for theLatin American market, as well as broad global appeal with a memorable premium brand.

 

 

 

 

HIGH ROLLER TECHNOLOGIES, INC. 11 Our Brands areOptimized to Enjoy on All Devices

 

 

 

 

HIGH ROLLER TECHNOLOGIES, INC. 12 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

 

 

 

 

13 Live Casinois a High Growth Vertical

 

 

 

 

HIGH ROLLER TECHNOLOGIES, INC. 14 Our Marketing Expertise is our AdvantagePaid SearchTV &RadioSEOAffiliateEmail&SMSStreamingExtensive marketingexperience andkey strategic relationships provide us withaccess to high-value players in currentandfuture target markets HIGH ROLLERTECHNOLOGIES,INC.Extensive marketing experience and key strategic relationships provide us with access to high - value players in current and future target markets

 

 

 

 

Our Player Acquisition Engine Scales with Investment In 2023, our marketing spend of $13.9M* resulted in $29.7M of revenue SEO Above the line Bonus campaigns Revenue Paid Search VIP 24/7 customer management support $2.13 Marketing $1 Affiliates Streaming Reactivations Retentions Email and SMS *Marketing spend for this purpose includes all advertising and promotional expense included in our Statement of Operations, as well as $6.3 million included in direct operating costs related to affiliate revenue share. Capital injection will allow competitive expansion of the most profitable marketing channels, and further development of our retention and personalization engines. Future results may vary materially from historical results and no assurance can be given that such results will be achievable in the future. HIGH ROLLER TECHNOLOGIES, INC. 15

 

 

 

 

End-to-End Tech Strategy Website and mobile Mobile Desktop Tablet solutions (iOS + Android) AI driven content Bonuses, promotions Operational Content, supplier and management system and segmentation automation of key lobby management functions Platform Casino content and Single source of truth Player account payment supplier database, real-time data management integrations broker Proprietary Third-Party: Pragmatic HIGH ROLLER TECHNOLOGIES, INC. 16

 

 

 

 

Primary Growth Drivers From Use of Proceeds Ramp up player acquisition, Continued investment in Expansion into new directly driving top-line technology, driving higher markets, substantially revenue growth margins and reducing time increasing our addressable to market market and revenue potential HIGH ROLLER TECHNOLOGIES, INC. 17

 

 

 

 

Avenues to Regulated Markets Licensing Market access Joint venture Applying for a license for a Agreement with a local license Partnering with a local specific market through the holder to launch a brand on licensed operator that has a local regulatory body, for their license, for example, New lack of digital knowledge example, Estonia, Curacao, Jersey, Pennsylvania. and/or resources, which is Ontario, Sweden, common with retail casinos In many cases the operator will Netherlands. need to go through an that obtain an online license application/license process through regulation. with the local regulator. HIGH ROLLER TECHNOLOGIES, INC. 18

 

 

 

 

Current Markets and Global Expansion Strategy High Roller Team: Malta, Texas, California, Nevada Existing markets New markets of interest HIGH ROLLER TECHNOLOGIES, INC. 19

 

 

 

 

Quarterly Growth Trends Quarterly Active Players Quarterly UDCs Unique Depositing Customers (UDCs) Active Players 21.2K HIGH ROLLER TECHNOLOGIES, INC. 20

 

 

 

 

Quarterly Bets Placed (in millions) HIGH ROLLER TECHNOLOGIES, INC. 21

 

 

 

 

Annual Consolidated Statements of Operations Data: Year ended Year ended In USD 1,000 December 31, 2023 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 3,297 Advertising and promotions 7,604 4,651 2,953 Product and software development 585 1,089 (504) Loss on impairment of intangible assets 935 (935) Total operating expenses 32,366 21,450 10,916 Loss from operations (2,691) (2,958) 267 Interest expense, net (114) (107) 7 Loss before income taxes (2,805) (3,065) 260 Income tax expense (benefit) 13 (7) 20 Net loss $(2,818) $(3,058) $240 Operating loss margin (9%) (16%) 7% HIGH ROLLER TECHNOLOGIES, INC. 22

 

 

 

 

Reconciliation of Annual GAAP Net Income (Loss) to Non-GAAP Adjusted EBITDA: Year ended Year ended In USD 1,000 December 31, 2023 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 expense (benefit) 13 (7) 20 Share-based compensation 218 113 105 Foreign exchange loss 2,030 552 1,478 Depreciation and amortization 60 4 56 Loss on impairment of intangible assets 935 (935) Adjusted EBITDA $(383) $(1,354) $971 Adjusted EBITDA margin (1%) (7%) 6% HIGH ROLLER TECHNOLOGIES, INC. 23

 

 

 

 

Six Months Ended Unaudited Consolidated Statements of Operations Data: Six months ended Six months ended In USD 1,000 June 30, 2024 June 30, 2023 Variance Revenue $12,310 $14,915 (2,605) Operating expenses: Direct operating costs 6,491 6,895 (404) General and administrative 4,632 5,026 (394) Advertising and promotions 3,877 3,505 372 Product and software development 614 261 353 Total operating expenses 15,614 15,687 (73) Loss from operations (3,304) (772) (2,532) Other expense (49) (116) (67) Loss before income taxes (3,353) (888) (2,465) Income tax expense (benefit) Net loss $(3,353) $(888) $(2,465) Operating loss margin (27%) (6%) (21%) HIGH ROLLER TECHNOLOGIES, INC. 24

 

 

 

 

Reconciliation of Unaudited Six Months Ended GAAP Net Income (Loss) to Non-GAAP Adjusted EBITDA: Six months ended Six months ended In USD 1,000 June 30, 2024 June 30, 2023 Variance Revenue $12,310 $14,915 ($2,605) Net loss $(3,353) $(888) $(2,465) Interest expense, net 50 62 (12) Income tax expense (benefit) Share-based compensation 673 105 568 Foreign exchange loss 715 1,189 (474) Depreciation and amortization 107 3 104 Loss on impairment of intangible assets Adjusted EBITDA $(1,808) $471 $(2,279) Adjusted EBITDA margin (15%) 3% (18%) HIGH ROLLER TECHNOLOGIES, INC. 25

 

 

 

 

Unaudited Consolidated Balance Sheet Data: In USD 1,000 June 30, 2024 Pro Forma* Assets Cash and cash equivalents, and restricted cash $3,221 $12,070 Prepaid expenses and other current assets 977 Total current assets 4,198 Due from affiliates 492 Tangible and intangible assets, net 5,339 Other non-current assets 2,010 Total assets $12,039 $19,955 Liabilities and Stockholders’ Equity (Deficit) Accounts payable $1,266 Accrued expenses 4,111 Player liabilities 868 Due to affiliates 4,704 Short-term unsecured notes payable to stockholders 500 Other current liabilities 136 Total current liabilities 10,240 Non-current liabilities 957 Total liabilities 12,542 $12,338 Stockholders’ equity (deficit) Preferred stock Common stock 7 Additional paid-in capital 22,725 Accumulated deficit (24,573) (24,573) Accumulated other comprehensive income 1,338 Total stockholders’ equity (deficit) (503) 7,617 Total liabilities and stockholders’ equity (deficit) $12,039 $19,955 *On a pro forma basis after giving effect to the sale of shares of common stock by us in this offering at an assumed public offering price of $8.00 per share, after deducting estimated underwriting discounts and commissions and estimated offering expenses payable by us. HIGH ROLLER TECHNOLOGIES, INC. 26

 

 

 

 

Management Team Comprised of Industry Veterans Ben Clemes Matt Teinert CEO CFO ● 18+ years experience in online gaming ● 12+ years experience of full cycle ● Co-founder of Gaming Innovation finance and leadership experience Group, serving as MD and CCO of the ● Most recently held the position of platform unit Director of Accounting & Financial ● Extensive experience in regulated Reporting for Digital Turbine markets, casino and business (ticker:APPS) development ● Strong background in FP&A, compliance, capital markets, strategy and M&A Sven Kaltenegger Tony Kjaldstrom CMO GM Malta ● 10+ years experience in online ● 16+ years experience in online gaming gaming, 25+ years experience in ● Prior to joining High Roller, Tony was COO digital marketing and CPO at Rootz and prior to that has ● Prior to joining High Roller, Sven was held senior positions at NordicBet and CCO at Casimba Gaming after Gaming Innovation Group holding marketing roles at LeoVegas and LV Bet HIGH ROLLER TECHNOLOGIES, INC. 27

 

 

 

 

Board of Directors Michael Cribari Brandon Eachus Daniel Bradtke Co-Founder, Chairman Co-Founder, Director Director ● Over 16 years of experience in investing ● Director of Spike Up Media since 2015 ● Co-Founding Partner at HappyHour.io, a VC in various European-based iGaming ● 17+ years of experience in executive dedicated to fostering the growth of emerging businesses management roles iGaming startups ● Director of global iGaming company ● Shareholder in Ellmount Interactive, ● 18 years of experience in iGaming, with a Spike Up Media for the past five years overseeing corporate proven track record in establishing and exiting and Chairman of the parent company, communications, marketing, and multiple ventures including Mobilebet.com and Ellmount Interactive AB finance divisions Suomikasino.com Kristen Britt Jonas Martensson David Weild IV Director Director Director ● Vice President of People & Culture at ● Strategic Advisor at Mojang Studios, ● Formerly vice chairman of Nasdaq and president Anaxi, a subsidiary of Aristocrat Gaming with a focus on social impact and of Prudential Financial ● Previously held leadership and partnerships ● Founder, chairman, and CEO of investment management roles at online gaming ● Served as the CEO of Mojang AB, the banking firm Weild Capital, LLC company Hard Rock Digital and horse creators of Minecraft, from 2014 to ● Previously served on the boards of PAVmed racing complex Churchill Downs 2021 (Nasdaq: PAVM), BioSig Technologies (Nasdaq: ● Co-founder of Happy Socks and BSGM), Helium and current board member of Mobilebet.com Scopus BioPharma, INX, and Emeritus ● Brings previous board experience from ● Director of charities 9-11 charity Tuesday’s Finnair (Nasdaq) and XLMedia (AIM: Children and Dignity Beyond Borders XLM) ● Recognized expert in capital markets and has spoken at the White House and before Congress HIGH ROLLER TECHNOLOGIES, INC. 28

 

 

 

 

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 Highly experienced AI-Driven Foundation for value management team development accelerated growth HighRoller.com is Over 90 years Accelerating Reduces operational the ultimate iCasino combined revenue growth in costs through brand, resonating to experience in online existing markets and the highest value gambling and automation of key through new market player segment development functions expansion HIGH ROLLER TECHNOLOGIES, INC. *YoY comparison is year ended December 31, 2023 with same period 2022 29