Codere Online Luxembourg (CDRO) Financial Statements & Analysis

Codere Online Luxembourg (CDRO) Income Statement

Codere Online Luxembourg reported revenue of EUR 210.41M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 4.8% from EUR 200.70M a year earlier. Net income was EUR 1.29M, down 66.9% year over year, a net margin of 0.6%. Gross margin was 100.0% and operating margin 2.7%. In the most recent quarter, H1 fiscal 2026 (ended Jun 30, 2026), revenue was EUR 124.71M, up 18.4% from the same quarter a year earlier.

Codere Online Luxembourg Income Statement Analysis

Values in millions EUR

Income Statement Balance Sheet Cash Flow Ratios

Scale:

Scroll to see more

Codere Online Luxembourg, S.A. income statement - Annual data in millions EUR
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2021	FY 2020	FY 2019
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Mar 2022	Dec 2021	Dec 2020	Dec 2019
Revenue & Gross Profit
Revenue	210.41	200.70	161.65	115.75	80.25	80.25	70.50	61.58
Cost of Revenue	25.00	18.78	17.44	15.30	7.08	7.08	5.16	5.10
Gross Profit	210.41	200.70	144.21	100.45	73.17	80.25	65.34	56.48
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	-	0.00	0.00
Selling, General & Administrative	85.53	85.59	75.66	88.94	48.81	48.81	0.00	66.34
Operating Expenses	204.67	196.37	158.96	156.32	144.20	151.28	79.59	72.36
Operating Income	5.74	4.33	-14.75	-55.88	-71.03	-71.03	-14.25	-15.88
Other Income/Expense
Interest Income	0.34	0.60	1.82	25.10	4.54	4.54	0.00	0.00
Interest Expense	0.00	-0.11	0.00	12.64	0.56	-0.01	0.52	0.27
Other Income/Expense	-2.43	1.04	5.83	12.46	3.98	3.98	-0.52	-0.27
Income
Income Before Tax	3.31	5.37	-8.93	-43.42	-67.05	-67.05	-14.77	-16.15
Income Tax Expense	2.02	1.46	-6.51	2.97	0.97	0.97	1.51	0.05
Net Income	1.29	3.91	-2.42	-46.38	-68.07	-68.07	-16.27	-16.19
Net Income - Continuous Operations	1.29	3.91	-2.42	-46.38	-68.07	-68.01	-16.27	-16.19
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-
EBITDA	5.86	4.47	-14.64	-55.70	-25.48	-25.48	-13.33	-14.68
EBIT	5.74	4.33	-14.75	-55.88	-	-25.63	-14.25	-
Depreciation & Amortization	0.12	0.14	0.11	0.18	0.15	0.15	0.92	1.19
Earnings Per Share
Basic EPS	-	-	-	-1.00	-2.00	-10.00	-2.00	-268.00
Diluted EPS	-	-	-	-1.00	-2.00	-10.00	-2.00	-268.00
Basic Shares Outstanding	45.50	45.48	45.27	45.03	45.19	6.69	8.85	0.06
Diluted Shares Outstanding	45.89	46.07	45.27	45.12	45.19	6.69	8.87	0.06

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Codere Online Luxembourg Financial Statements

What was Codere Online Luxembourg's revenue in fiscal 2025?

Codere Online Luxembourg reported revenue of EUR 210.41M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 4.8% from EUR 200.70M a year earlier.

Is Codere Online Luxembourg profitable?

Yes. Codere Online Luxembourg earned net income of EUR 1.29M in fiscal 2025, a net margin of 0.6%. In fiscal 2024 it earned EUR 3.91M.

What is Codere Online Luxembourg's operating margin?

Codere Online Luxembourg's operating income was EUR 5.74M on revenue of EUR 210.41M in fiscal 2025, an operating margin of 2.7%, compared with 2.2% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition