Codere Online Reports Financial Results for the Second Quarter 2024
CDROere Online Luxembourg(CDRO) Newsfilter·2024-07-31 19:00

Total revenue was €51.7 mm in Q2 2024, while net gaming revenue1 was €54.4 mm in the period, 39% above Q1 2023.Mexico revenue was €25.3 mm in Q2 2024, while net gaming revenue was €28.2 mm in the period, 57% above Q2 2023.Spain revenue (and net gaming revenue) reached €21.8 mm in Q2 2024, 25% above Q2 2023.Net income excluding the non-cash variation in fair value of public warrants2 was €5.5 mm in H1 2024 versus a net loss of €0.7 mm in H1 2023.Total cash position of €40.5 mm as of June 30, 2024.Increasing ...