Financials · CDRO

Codere Online Luxembourg S.A. (CDRO) financials

For fiscal 2025 (ended Dec 31, 2025), Codere Online Luxembourg S.A. reported €210.41M of revenue and €1.29M of net income. Figures are in EUR, the currency of its SEC filings.

Revenue, FY2025
€210.41M
Revenue growth, YoY
+4.8%
Net income, FY2025
€1.29M
Net income growth, YoY
-66.9%
Net margin
0.6%
EPS, diluted, FY2025
€0.03
EPS growth, YoY
-62.5%
Cash
€49.98M
Annual revenue€210.41M
FY2019FY2025
Annual net income€1.29M
FY2019FY2025

CDRO revenue and earnings growth

CDRO revenueFY2025€210.41M

FY YoY
+4.8%
5Y CAGR
+24.4%

CDRO revenue was €210.41M for fiscal 2025 (ended Dec 31, 2025), up 4.8% from fiscal 2024. Compound annual growth was +24.4% over 5 years. It rose in each of the last 6 fiscal years. Fiscal 2025 is the highest of the 7 fiscal years on file.

CDRO net incomeFY2025€1.29M

FY YoY
-66.9%

CDRO net income was €1.29M for fiscal 2025 (ended Dec 31, 2025), down 66.9% from fiscal 2024.

CDRO EPSFY2025€0.03

FY YoY
-62.5%

CDRO diluted EPS was €0.03 for fiscal 2025 (ended Dec 31, 2025), down 62.5% from fiscal 2024.

Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Revenue€210.41M€200.70M€161.65M€115.75M€80.25M€70.50M€61.58M
Cost of revenue-€31.98M€29.00M-€22.51M€22.51M€70.50M€61.58M
Gross profit-€168.72M€132.64M€138.26M€57.74M€0€0
Operating income€5.74M€4.33M-€14.75M-€55.88M-€71.03M-€14.25M-€15.88M
Pre-tax income€3.31M€5.37M-€8.93M-€43.41M-€67.05M-€14.77M€16.15M
Income tax€2.02M€1.46M-€6.51M€2.97M€966.0K€1.51M€53.0K
Net income€1.29M€3.91M-€2.42M-€46.38M-€68.07M-€16.27M-€16.09M
EPS, basic€0.03€0.09-€0.05-€1.03-€10.18-€3.65-€3.63
EPS, diluted€0.03€0.08-€0.05-€1.03-€10.18-€3.65-€3.63

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Cash and equivalents€49.98M€40.31M€41.28M€53.81M€94.91M€10.90M€8.02M
Receivables-€2.25M€1.45M€3.36M€1.93M€936.0K-
Current assets€67.48M€62.92M€65.28M€68.33M€104.67M€17.30M-
Total assets€80.86M€74.54M€73.80M€69.31M€105.28M€18.55M-
Current liabilities€49.28M€44.96M€52.10M€42.75M€31.61M€37.03M-
Total debt-----€21.44M-
Total liabilities€52.16M€50.32M€52.51M€44.76M€37.12M€58.47M-
Shareholders' equity€28.55M€24.07M€21.29M€24.55M€68.01M-€39.92M-€31.33M

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Capital expenditures€85.0K€256.0K€245.0K€164.0K€80.0K€55.0K€75.0K
Investing cash flow-€85.0K-€256.0K-€245.0K-€164.0K-€83.0K-€72.0K-€275.0K
Financing cash flow-€4.58M-€2.04M€1.33M-€89.81M€254.0K€6.81M
Depreciation and amortization€121.0K€146.0K€114.0K€556.0K€721.0K€931.0K-

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Revenue growth, YoY4.8%24.2%39.7%44.2%13.8%14.5%-
Net income growth, YoY-66.9%------
EPS growth, YoY-62.5%------
Gross margin-84.1%82.1%119.4%72.0%0.0%0.0%
Operating margin2.7%2.2%-9.1%-48.3%-88.5%-20.2%-25.8%
Net margin0.6%1.9%-1.5%-40.1%-84.8%-23.1%-26.1%
Return on equity4.5%16.2%-11.4%-189.0%-100.1%--
Return on assets1.6%5.2%-3.3%-66.9%-64.7%-87.7%-
Current ratio1.371.401.251.603.310.47-

Source: XBRL data Codere Online Luxembourg S.A. files with the SEC, latest filing dated Apr 28, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.

CDRO peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
CDRO€210.41M+4.8%€1.29M0.6%$385.6M
DIS$98.86B+4.6%$8.60B8.7%$201.59B
LYV$27.88B+13.5%$151.08M0.5%$41.29B
TKO$5.54B+19.8%$287.24M5.2%$36.02B
WMG$7.30B+12.9%$672.00M9.2%$16.37B
LLYVK$451.16M+28.3%-$50.39M-11.2%$9.78B
LLYVA$451.16M+28.3%-$50.39M-11.2%$9.40B
MSGS$1.16B+13.1%-$14.58M-1.3%$9.36B
DKNG$6.41B+17.4%-$378.83M-5.9%$9.19B

CDRO FAQ

7 questions
  • What is CDRO revenue?
    Codere Online Luxembourg S.A. (CDRO) reported €210.41M of revenue for fiscal 2025 (ended Dec 31, 2025). That is up 4.8% from the year before.
  • Is CDRO profitable?
    Yes. Codere Online Luxembourg S.A. earned €1.29M in net income for fiscal 2025 (ended Dec 31, 2025), a net margin of 0.6%.
  • How much cash and debt does CDRO have?
    Codere Online Luxembourg S.A. reported €49.98M in cash and cash equivalents on its most recent balance sheet in SEC filings.
  • How fast is CDRO revenue growing?
    Codere Online Luxembourg S.A.'s revenue changed +4.8% in fiscal 2025, to €210.41M. Its compound annual growth rate was +24.4% over 5 years.
  • What is CDRO earnings per share?
    Diluted earnings per share were €0.03 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.
  • When did CDRO last report financial results?
    The latest statements here come from Codere Online Luxembourg S.A.'s 20-F filed on Apr 28, 2026, covering the period ended Dec 31, 2025.
  • Where does this CDRO financial data come from?
    Quantisnow builds these statements from the structured XBRL data Codere Online Luxembourg S.A. files with the SEC. It is provided for information only and is not investment advice.