Codere Online Luxembourg
Operates online casino and sports betting across Spain and selected Latin American markets.
Something off on this page? Send us feedback.
Profile
Provides online sports betting and casino services through websites and mobile applications in Spain and selected Latin American markets. Spain and Mexico are reportable segments, while Colombia, Panama, and Argentina are grouped as Other operations.
Runs online sports betting and casino services through websites and mobile applications in Spain, Mexico, Colombia, Panama, and Argentina. Spain and Mexico are reportable segments; the other markets are grouped as Other operations.
Formed from Codere Group’s digital business, it was publicly listed through the DD3 transaction after a restructuring. The Luxembourg issuer combines online casino and sports betting with Codere Group’s physical Latin American presence.
The business depends on regulated market access and timely periodic reporting required by Nasdaq. Delays in annual reports drew Nasdaq notices before later filings restored compliance.
Company facts
Categories
Key statistics
Year to date +11.8% · Average volume (30d) 19.9K
Analysts
No analyst consensus on record.
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Jul 30, 2026Q2 FY26 | $0.05 | −$0.03 | −175.0% | $66.5M | $79.3M | +19.1% | 0.00% |
| May 7, 2026 | $0.05 | $0.15 | +225.0% | $65.6M | $74.4M | +13.4% | −3.12% |
| Feb 26, 2026Q4 FY25 | $0.08 | $0.04 | −53.8% | $68.3M | $71.3M | +4.4% | −0.12% |
| Nov 17, 2025Q3 FY25 | $0.06 | $0.04 | −45.5% | $65.5M | $60.5M | −7.6% | +11.11% |
Financial highlights
| 12 quarters | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $57.1M | $61.0M | $61.0M | $60.9M | $60.9M | $75.9M | |
| Gross profit | $51.7M | $56.0M | $56.0M | $51.4M | $51.4M | $0 | |
| Operating income | $1.6M | $1.7M | $1.7M | $1.6M | $1.6M | $75.6M | |
| Net income | $2.4M | −$1.8M | −$1.8M | $2.6M | $2.6M | −$1.6M | |
| Diluted EPS | $0.05 | −$0.04 | −$0.04 | $0.06 | $0.06 | −$0.04 | |
| Gross margin | 90.5% | 91.7% | 91.7% | 84.5% | 84.5% | 0.0% | |
| Operating margin | 2.7% | 2.9% | 2.9% | 2.6% | 2.6% | 99.7% |
Fiscal years (4-quarter sums)FY21 $93.9M · FY22 $134.1M · FY23 $187.3M · FY24 $232.5M · FY25 $243.8M
Revenue by product · FY25
Revenue by geography · FY25
Balance sheet, Jun 30, 2026Cash & short-term investments $84.4M · Total debt $2.2M · Total assets $102.7M · Shareholders' equity $44.4M
Dividends
No dividends on record.
Ownership
Shares outstanding 45.47M · Float 14.95M · 32.9% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| Bamco Inc /NY/ | 3.50M | 7.70% | 13F | May 15, 2026 |
| FNY Investment Advisers, LLC | 962.4K | 2.12% | 13F | Apr 15, 2026 |
| UBS Group AG | 370.1K | 0.81% | 13F | May 5, 2026 |
| Moshe Edree · director | 366.5K | 0.81% | Form 4 | May 7, 2026 |
| MMBG Investment Advisors Co. | 366.3K | 0.81% | 13F | Apr 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Jun 18, 2026 | Sanchez Oscar Iglesias | director | −14,276 | $10.04 |
| Jun 16, 2026 | Sanchez Oscar Iglesias | director | −2,812 | $10.01 |
| Jun 15, 2026 | Sanchez Oscar Iglesias | director | −300 | $10.00 |
| Jun 12, 2026 | Sanchez Oscar Iglesias | director | −2,130 | $10.00 |
| Jun 8, 2026 | Sanchez Oscar Iglesias | director | −50 | $10.00 |
Peers
- Flutter Entertainment
Spain betting and iGaming rival through Betfair, PokerStars and tombola
- Rush Street Interactive
Online casino and sports-betting rival in Mexico and Colombia
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Codere Online Luxembourg | $9.00 | 0.00% | $409.2M | 244.3 | 20.0 | 1.6 | — |
| Flutter Entertainment | $101.53 | −0.24% | $17.66B | — | 16.4 | 1.0 | +3.3% |
| Rush Street Interactive | $26.41 | 0.00% | $6.54B | 90.2 | 35.0 | 4.8 | +46.3% |
| Median | 90.2 | 25.7 | 2.9 | +24.8% |




