<a href="https://laohu8.com/S/CDRO">Codere Online Luxembourg</a> SA reports Q3 revenue of €47.7 million and net gaming revenue of €51.6 million
Codere Online Luxembourg SA reported total revenue of €47.7 million for the third quarter of 2025, down 3% from €49.2 million in the same period of 2024. Net gaming revenue for the quarter was €51.6 million, nearly unchanged from €51.7 million a year earlier. In Mexico, revenue was €24.0 million, with net gaming revenue at €26.8 million, flat compared to the previous year. Spain recorded net gaming revenue of €22.0 million, up 5%. For the nine months ended September 30, 2025, total revenue was €153.3 million, up 1% year-on-year, and net gaming revenue was €163.4 million, an increase of 3%. The company reported a net loss of €1.7 million for the first nine months of 2025, compared to a net loss of €3.0 million in the same period of 2024. Codere Online reiterated its 2025 net gaming revenue outlook of €220-230 million and adjusted EBITDA outlook of €10-15 million. The company also announced the appointment of Marcus Arildsson as Chief Financial Officer and reported a total cash position of €48.3 million as of September 30, 2025. It repurchased $1.7 million of its shares through November 14, 2025, under its $7.5 million share buyback plan.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Codere Online Luxembourg SA published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW1001139263-en) on November 17, 2025, and is solely responsible for the information contained therein.
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