Codere Online returns to profit in first-half 2026 as revenue rises 18%
CDRO•Codere Online reported net income of EUR 5.59 million for the six months ended June 30, 2026, compared with a net loss a year earlier. Revenue rose 18% to EUR 124.71 million, and operating income climbed 76% to EUR 5.29 million.
1. First-half results
Codere Online posted net income of EUR 5.59 million for the six months ended June 30, 2026, swinging from a net loss. Revenue increased 18% to EUR 124.71 million, while operating income rose 76% to EUR 5.29 million. Finance income turned positive at EUR 1.58 million, compared with finance costs.
2. Cash and sponsorship
Cash and cash equivalents increased to EUR 62.53 million at June 30, 2026, and total assets rose to EUR 98.54 million. After the reporting date, the company announced a multi-year NFL sponsorship making it the exclusive online sportsbook partner in Mexico.
