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Side-by-side financial comparison of High Roller Technologies, Inc. (ROLR) and TON Strategy Co (TONX). Click either name above to swap in a different company.
High Roller Technologies, Inc. is the larger business by last-quarter revenue ($6.3M vs $5.7M, roughly 1.1× TON Strategy Co). High Roller Technologies, Inc. runs the higher net margin — 58.4% vs -3968.6%, a 4026.9% gap on every dollar of revenue. On growth, TON Strategy Co posted the faster year-over-year revenue change (694.2% vs -16.4%). High Roller Technologies, Inc. produced more free cash flow last quarter ($-90.0K vs $-8.0M).
S&S – Sansei Technologies is an American company known for its pneumatically powered amusement rides and roller coaster designing.
ROLR vs TONX — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $6.3M | $5.7M |
| Net Profit | $3.7M | $-227.9M |
| Gross Margin | — | 64.3% |
| Operating Margin | 1.3% | -159.2% |
| Net Margin | 58.4% | -3968.6% |
| Revenue YoY | -16.4% | 694.2% |
| Net Profit YoY | 831.9% | -7047.9% |
| EPS (diluted) | $0.39 | $-3.89 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | — | $5.7M | ||
| Q3 25 | $6.3M | $3.6M | ||
| Q2 25 | $6.9M | $2.1M | ||
| Q1 25 | $6.8M | $1.3M | ||
| Q4 24 | — | $723.0K | ||
| Q3 24 | $7.5M | — | ||
| Q4 22 | — | $-5.1M | ||
| Q2 22 | — | $2.4M |
| Q4 25 | — | $-227.9M | ||
| Q3 25 | $3.7M | $84.3M | ||
| Q2 25 | $-592.0K | $-2.4M | ||
| Q1 25 | $-3.3M | $-2.6M | ||
| Q4 24 | — | $-3.2M | ||
| Q3 24 | $-501.0K | — | ||
| Q4 22 | — | $-16.0M | ||
| Q2 22 | — | $-6.4M |
| Q4 25 | — | 64.3% | ||
| Q3 25 | — | 75.4% | ||
| Q2 25 | — | 71.2% | ||
| Q1 25 | — | 73.4% | ||
| Q4 24 | — | 81.5% | ||
| Q3 24 | — | — | ||
| Q4 22 | — | — | ||
| Q2 22 | — | 65.2% |
| Q4 25 | — | -159.2% | ||
| Q3 25 | 1.3% | -601.5% | ||
| Q2 25 | -7.2% | -138.2% | ||
| Q1 25 | -47.4% | -203.8% | ||
| Q4 24 | — | -513.1% | ||
| Q3 24 | -6.3% | — | ||
| Q4 22 | — | — | ||
| Q2 22 | — | -200.3% |
| Q4 25 | — | -3968.6% | ||
| Q3 25 | 58.4% | 2336.8% | ||
| Q2 25 | -8.5% | -111.9% | ||
| Q1 25 | -48.4% | -196.5% | ||
| Q4 24 | — | -440.9% | ||
| Q3 24 | -6.7% | — | ||
| Q4 22 | — | 315.6% | ||
| Q2 22 | — | -265.7% |
| Q4 25 | — | $-3.89 | ||
| Q3 25 | $0.39 | $2.23 | ||
| Q2 25 | $-0.07 | $-1.79 | ||
| Q1 25 | $-0.39 | $-2.51 | ||
| Q4 24 | — | $10.41 | ||
| Q3 24 | $-0.07 | — | ||
| Q4 22 | — | — | ||
| Q2 22 | — | $-2.63 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $2.7M | $39.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $6.6M | $406.5M |
| Total Assets | $16.0M | $411.2M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $39.5M | ||
| Q3 25 | $2.7M | $53.9M | ||
| Q2 25 | $2.7M | $10.4M | ||
| Q1 25 | $3.5M | $12.2M | ||
| Q4 24 | — | $12.5M | ||
| Q3 24 | $1.3M | — | ||
| Q4 22 | — | $2.4M | ||
| Q2 22 | — | $5.5M |
| Q4 25 | — | $406.5M | ||
| Q3 25 | $6.6M | $639.1M | ||
| Q2 25 | $2.6M | $19.4M | ||
| Q1 25 | $2.8M | $14.6M | ||
| Q4 24 | — | $16.2M | ||
| Q3 24 | $-779.0K | — | ||
| Q4 22 | — | $5.2M | ||
| Q2 22 | — | $23.5M |
| Q4 25 | — | $411.2M | ||
| Q3 25 | $16.0M | $661.9M | ||
| Q2 25 | $12.3M | $23.7M | ||
| Q1 25 | $12.8M | $18.4M | ||
| Q4 24 | — | $20.6M | ||
| Q3 24 | $12.9M | — | ||
| Q4 22 | — | $24.5M | ||
| Q2 22 | — | $40.4M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $-78.0K | $-8.0M |
| Free Cash FlowOCF − Capex | $-90.0K | $-8.0M |
| FCF MarginFCF / Revenue | -1.4% | -139.3% |
| Capex IntensityCapex / Revenue | 0.2% | 0.1% |
| Cash ConversionOCF / Net Profit | -0.02× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-20.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $-8.0M | ||
| Q3 25 | $-78.0K | $-9.4M | ||
| Q2 25 | $-840.0K | $-2.3M | ||
| Q1 25 | $-3.6M | $-1.1M | ||
| Q4 24 | — | $-1.9M | ||
| Q3 24 | — | — | ||
| Q4 22 | — | $-3.4M | ||
| Q2 22 | — | $-5.1M |
| Q4 25 | — | $-8.0M | ||
| Q3 25 | $-90.0K | $-9.4M | ||
| Q2 25 | $-845.0K | $-2.3M | ||
| Q1 25 | $-3.6M | $-1.1M | ||
| Q4 24 | — | $-2.0M | ||
| Q3 24 | — | — | ||
| Q4 22 | — | — | ||
| Q2 22 | — | — |
| Q4 25 | — | -139.3% | ||
| Q3 25 | -1.4% | -261.4% | ||
| Q2 25 | -12.2% | -107.8% | ||
| Q1 25 | -53.5% | -87.0% | ||
| Q4 24 | — | -279.9% | ||
| Q3 24 | — | — | ||
| Q4 22 | — | — | ||
| Q2 22 | — | — |
| Q4 25 | — | 0.1% | ||
| Q3 25 | 0.2% | 0.4% | ||
| Q2 25 | 0.1% | 0.1% | ||
| Q1 25 | 0.2% | 5.1% | ||
| Q4 24 | — | 22.1% | ||
| Q3 24 | — | — | ||
| Q4 22 | — | — | ||
| Q2 22 | — | — |
| Q4 25 | — | — | ||
| Q3 25 | -0.02× | -0.11× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q4 22 | — | — | ||
| Q2 22 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ROLR
| Net Gaming Revenue | $4.9M | 77% |
| Net Revenue Noncore Services | $1.4M | 23% |
TONX
| Market Live | $4.8M | 83% |
| Other | $960.0K | 17% |