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High Roller Technologies $ROLR Read from its own SEC filings · nothing written, nothing inferred

🫧 Edgar looked up High Roller Technologies, Inc. ($ROLR). Last filing: 8-K (4.02 Non-Reliance on Previously Issued Financial Statements), 2026-10-16. 20 event filings (8-K) in the past twelve months. Non-reliance (8-K Item 4.02) filed 2026-10-16.

🔖 Exposure: revenue $20.5M (FY2025). Experience: revenue down 11.9% on the year, down 17.0% a year over 2 years; operating margin -30.2%, up from -36.6%. Soundness: equity 52.1% of assets, return on equity 32.8%. Credibility: 3 audited years, little weight, marked down from moderate: on 2026-10-16 the company said earlier statements should no longer be relied on (8-K Item 4.02), and no 10-K has been filed since. Range: 80% of past cases like this landed between $12.8M and $23.1M next year (method v3, set from 749 SEC company-years; on a year the method never saw, 83% landed inside). A statistical range, not company guidance. Against peers (10 filers, $50M+ revenue, services-amusement & recreation services): operating margin -30.2% against a 1.6% median; growth -11.9% against 10.6%.

Next year, 80%$13M–$23M
Growth, on the year−11.9%
Operating margin−30.2%
Equity of assets52.1%
High Roller Technologies, Inc. against its own record and its peers
Operating marginPeer median 1.6%-30.2%Revenue, on the yearPeer median 10.6%-11.9%Equity of assetsPeer median 7.2%52.1%Return on equity32.8%Gold tick: the median of 9–9 peers with $50M+ revenue in services-amusement & recreation services

Speed and cash · fiscal 2025

Cash Compass🌊 In between · no clear cash pattern yet
Inside viewTurns -15.8% of revenue into operating cash; revenue shrinking 11.9% a year over three years; no common dividend.
Outside viewAmong under $50M companies: 58th percentile for cash, 29th for growth. cash growth

Both views must agree for a label · a description, not advice.

Cash flow (op · inv · fin · free)−$3M · −$2M · −$0M · −$3M
Investment book (cash · short · long)$2M · — · — · current ratio 0.81
Revenue swing · equity of assets8.5% · 52.1%

High Roller Technologies is growing slower than its size class, with steadier revenue. Its own audited SEC figures.

The figures, as filed

Fiscal year end2025-12-31
Revenue$20M
Revenue, on the year−11.9%
Revenue, a year over the record−17.0%
Operating margin−30.2%
Operating margin, prior year−36.6%
Net margin15.5%
Research and developmentnot filed separately
Total debt—
Equity of assets52.1%
Return on equity32.8%
Payout of profit—
Dividend per share—
Earnings per share$0.37
Book value per share$1.00
Revenue per share$2.12
Shares outstanding9,659,274
Audited years read3

Peers: the median of 10 filers with $50M+ revenue in services-amusement & recreation services.

Classic signals · fiscal 2025Altman Z″ -5.85 distress zone 1968Piotroski F 3 of 9 middling 2000Beneish M not enough filed detail (needs receivables, cost of revenue, PP&E, depreciation, SG&A for two years)Sloan accruals 36.4% earnings ahead of cash 1996DuPont ROE 41.2% = margin 15.5% × turns 1.16 × leverage 2.29

What a terminal subscription used to buy, a filing and arithmetic now give anyone. Published method, from the same filings. Display only: nothing here moves the range or its receipt. Why? →

Health HarborHigh Roller Technologies sails as: Old boat

Health watch · 12 monthsEarlier statements no longer to be relied onDirector or officer change ×5

Sailing speed follows growth: -11.9% a year crosses the harbor in 116 seconds.

🌊 Visit the Bay →
  • filed earlier statements no longer to be relied on in the last 12 months
  • operating cash flow was negative
  • revenue is hard to predict: its 80% range is ±28%

Boat condition = number of warning signs: a serious warning filing in 12 months; liabilities over assets; slow and jumpy; negative operating cash; an 80% revenue range of ±25% or wider. A picture of the signs, not a rating and not investment advice.

Recent filings

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price. Reporting, not investment advice. No price targets and no trading recommendations. Figures from the SEC’s own data · every filing · this page as JSON · ask about another company

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Data & Disclosure Notice: Edgar and Edgarette are automated software. Every figure on this page is calculated by software from public filings made by companies and funds with the U.S. Securities and Exchange Commission (EDGAR) and is published without individual human review. The accuracy and completeness of those filings are the responsibility of the filers; reports can contain errors and can be amended. Figures are shown as filed and as of each filing's date, and this page may be corrected or updated without notice. Ranges, expected returns, rankings, boats and other measures are statistical descriptions of past filings, not ratings, price forecasts, company guidance or recommendations; past results do not guarantee future results. This is general information published for all readers, not advice tailored to any person's portfolio, needs or circumstances, and nothing here is financial, investment, actuarial, legal, tax or other professional advice. Actuaries and other professionals who use these figures remain responsible for reviewing them for reasonableness and consistency against the original filings and for disclosing their reliance on them. No company, fund or reinsurer pays to be included or ranked. Provided as is, without warranty of any kind. Not affiliated with or endorsed by the SEC or by any company, fund or reinsurer named. All trademarks remain the property of their owners.