Codere Online Q2 net loss narrows to EUR 1.4 million; revenue rises 25% to EUR 64.4 million on-year

Reuters2026/07/30 11:18

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Codere Online posted Q2 2026 revenue of EUR 64.4 million, up 25% from Q2 2025; net gaming revenue climbed 27% to EUR 69.4 million.
Adjusted EBITDA (non-IFRS) more than doubled to EUR 5.8 million; average monthly active players rose 12% to 173,000.
Mexico net gaming revenue increased 24% to EUR 36.1 million; Spain net gaming revenue rose 25% to EUR 27.6 million.
H1 2026 net income (IFRS) swung to profit of EUR 5.6 million; cash totaled EUR 62.6 million with no financial debt at June 30.
Raised FY 2026 net gaming revenue outlook to EUR 255-265 million; lifted adjusted EBITDA (non-IFRS) forecast to EUR 20-25 million, citing World Cup-driven activity.

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: 202607300700PRIMZONEFULLFEED1001255210) on July 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Codere Online Q2 net loss narrows to EUR 1.4 million; revenue rises 25% to EUR 64.4 million on-year

You may also like

Crypto prices