Codere Online Luxembourg SA has released its annual report for the fiscal year ending December 31, 2024. The company reported a significant increase in revenue, which rose to €200.7 million from €161.6 million in 2023, marking a 24.2% increase. This growth reflects the company's enhanced operational performance compared to historical periods. The report provides insights into Codere Online's financial condition, highlighting the use of non-GAAP financial measures such as EBITDA to give additional insights into their operational performance. However, the report does not specify net income, profit, or loss figures. The outlook for future performance, as per the report, involves forward-looking statements that are based on current expectations and entail certain risks and uncertainties. Codere Online's management emphasizes the importance of considering these measures in conjunction with IFRS financial information for a comprehensive understanding of the company's financial health.
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