| Schedule of condensed income statements |
| Schedule of condensed income statements |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| 12/31/2025 |
|
Spain |
|
|
Mexico |
|
|
Other
Operations |
|
|
Supporting |
|
|
Eliminations |
|
|
Total
Codere
Online |
|
| Revenue |
|
|
90,533 |
|
|
|
107,221 |
|
|
|
12,652 |
|
|
|
60,918 |
|
|
|
(60,917 |
) |
|
|
210,407 |
|
| Personnel expenses |
|
|
(2,718 |
) |
|
|
(2,267 |
) |
|
|
(1,094 |
) |
|
|
(18,925 |
) |
|
|
- |
|
|
|
(25,004 |
) |
| Depreciation and amortization |
|
|
(139 |
) |
|
|
(17 |
) |
|
|
(13 |
) |
|
|
(476 |
) |
|
|
- |
|
|
|
(645 |
) |
| Other operating expenses |
|
|
(73,485 |
) |
|
|
(103,145 |
) |
|
|
(12,688 |
) |
|
|
(50,619 |
) |
|
|
60,917 |
|
|
|
(179,020 |
) |
| Operating expenses |
|
|
(76,342 |
) |
|
|
(105,429 |
) |
|
|
(13,795 |
) |
|
|
(70,020 |
) |
|
|
60,917 |
|
|
|
(204,669 |
) |
| OPERATING INCOME/(LOSS) |
|
|
14,191 |
|
|
|
1,792 |
|
|
|
(1,143 |
) |
|
|
(9,102 |
) |
|
|
- |
|
|
|
5,738 |
|
| Finance income |
|
|
1,710 |
|
|
|
1,154 |
|
|
|
3,451 |
|
|
|
21,189 |
|
|
|
(20,857 |
) |
|
|
6,647 |
|
| Finance costs |
|
|
(36 |
) |
|
|
(1,185 |
) |
|
|
(7,056 |
) |
|
|
(8,113 |
) |
|
|
7,317 |
|
|
|
(9,073 |
) |
| Net finance income/(costs) |
|
|
1,674 |
|
|
|
(31 |
) |
|
|
(3,605 |
) |
|
|
13,076 |
|
|
|
(13,540 |
) |
|
|
(2,426 |
) |
| NET INCOME/(LOSS) BEFORE TAX |
|
|
15,865 |
|
|
|
1,761 |
|
|
|
(4,748 |
) |
|
|
3,974 |
|
|
|
(13,540 |
) |
|
|
3,312 |
|
| Income tax benefit/(expense) |
|
|
(1,803 |
) |
|
|
(11 |
) |
|
|
(8 |
) |
|
|
(195 |
) |
|
|
- |
|
|
|
(2,017 |
) |
| NET INCOME/(LOSS) FOR THE YEAR |
|
|
14,062 |
|
|
|
1,750 |
|
|
|
(4,756 |
) |
|
|
3,779 |
|
|
|
(13,540 |
) |
|
|
1,295 |
|
| Attributable to equity holders of the Company |
|
|
14,062 |
|
|
|
1,747 |
|
|
|
(4,756 |
) |
|
|
3,779 |
|
|
|
(13,540 |
) |
|
|
1,292 |
|
| Attributable to non-controlling interests |
|
|
- |
|
|
|
3 |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
3 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| 12/31/2024 |
|
Spain |
|
|
Mexico |
|
|
Other
Operations |
|
|
Supporting |
|
|
Eliminations |
|
|
Total
Codere
Online |
|
| Revenue |
|
|
87,778 |
|
|
|
95,699 |
|
|
|
17,216 |
|
|
|
52,204 |
|
|
|
(52,193 |
) |
|
|
(200,704 |
) |
| Personnel expenses |
|
|
(2,360 |
) |
|
|
(1,746 |
) |
|
|
(1,372 |
) |
|
|
(13,306 |
) |
|
|
- |
|
|
|
(18,784 |
) |
| Depreciation and amortization |
|
|
(123 |
) |
|
|
(30 |
) |
|
|
(9 |
) |
|
|
(226 |
) |
|
|
- |
|
|
|
(388 |
) |
| Other operating expenses |
|
|
(67,786 |
) |
|
|
(96,322 |
) |
|
|
(20,380 |
) |
|
|
(44,906 |
) |
|
|
52,193 |
|
|
|
(177,201 |
) |
| Operating expenses |
|
|
(70,269 |
) |
|
|
(98,098 |
) |
|
|
(21,761 |
) |
|
|
(58,438 |
) |
|
|
52,193 |
|
|
|
(196,373 |
) |
| OPERATING INCOME/(LOSS) |
|
|
17,509 |
|
|
|
(2,399 |
) |
|
|
(4,545 |
) |
|
|
(6,234 |
) |
|
|
- |
|
|
|
4,331 |
|
| Finance income |
|
|
2,105 |
|
|
|
622 |
|
|
|
11,522 |
|
|
|
4,659 |
|
|
|
(10,727 |
) |
|
|
8,181 |
|
| Finance costs |
|
|
(69 |
) |
|
|
(3,552 |
) |
|
|
(5,984 |
) |
|
|
(8,262 |
) |
|
|
10,727 |
|
|
|
(7,140 |
) |
| Net finance income/(costs) |
|
|
2,036 |
|
|
|
(2,930 |
) |
|
|
5,538 |
|
|
|
(3,603 |
) |
|
|
- |
|
|
|
1,041 |
|
| NET INCOME/(LOSS) BEFORE TAX |
|
|
19,545 |
|
|
|
(5,329 |
) |
|
|
993 |
|
|
|
(9,837 |
) |
|
|
- |
|
|
|
5,372 |
|
| Income tax benefit/(expense) |
|
|
(4,154 |
) |
|
|
7 |
|
|
|
27 |
|
|
|
2,658 |
|
|
|
- |
|
|
|
(1,462 |
) |
| NET INCOME/(LOSS) FOR THE YEAR |
|
|
15,391 |
|
|
|
(5,322 |
) |
|
|
1,020 |
|
|
|
(7,179 |
) |
|
|
- |
|
|
|
3,910 |
|
| Attributable to equity holders of the Company |
|
|
15,391 |
|
|
|
(5,324 |
) |
|
|
1,020 |
|
|
|
(7,179 |
) |
|
|
- |
|
|
|
3,908 |
|
| Attributable to non-controlling interests |
|
|
- |
|
|
|
2 |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
2 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| 12/31/2023 |
|
Spain |
|
|
Mexico |
|
|
Other
Operations |
|
|
Supporting |
|
|
Eliminations |
|
|
Total
Codere
Online |
|
| Revenue |
|
|
75,669 |
|
|
|
73,315 |
|
|
|
12,663 |
|
|
|
45,263 |
|
|
|
(45,263 |
) |
|
|
161,647 |
|
| Personnel expenses |
|
|
(1,968 |
) |
|
|
(1,776 |
) |
|
|
(992 |
) |
|
|
(12,701 |
) |
|
|
- |
|
|
|
(17,437 |
) |
| Depreciation and amortization |
|
|
(24 |
) |
|
|
(32 |
) |
|
|
(8 |
) |
|
|
(50 |
) |
|
|
- |
|
|
|
(114 |
) |
| Other operating expenses |
|
|
(60,362 |
) |
|
|
(83,181 |
) |
|
|
(19,484 |
) |
|
|
(41,086 |
) |
|
|
45,263 |
|
|
|
(158,850 |
) |
| Operating expenses |
|
|
(62,354 |
) |
|
|
(84,989 |
) |
|
|
(20,484 |
) |
|
|
(53,837 |
) |
|
|
45,263 |
|
|
|
(176,401 |
) |
| OPERATING INCOME/(LOSS) |
|
|
13,315 |
|
|
|
(11,674 |
) |
|
|
(7,821 |
) |
|
|
(8,574 |
) |
|
|
- |
|
|
|
(14,754 |
) |
| Finance income |
|
|
1,030 |
|
|
|
6,552 |
|
|
|
8,989 |
|
|
|
28,553 |
|
|
|
(23,406 |
) |
|
|
21,718 |
|
| Finance costs |
|
|
(51 |
) |
|
|
(4,920 |
) |
|
|
(8,579 |
) |
|
|
(275,423 |
) |
|
|
273,081 |
|
|
|
(15,892 |
) |
| Net finance income/(costs) |
|
|
979 |
|
|
|
1,632 |
|
|
|
410 |
|
|
|
(246,870 |
) |
|
|
249,675 |
|
|
|
5,826 |
|
| NET INCOME/(LOSS) BEFORE TAX |
|
|
14,294 |
|
|
|
(10,042 |
) |
|
|
(7,411 |
) |
|
|
(255,444 |
) |
|
|
249,675 |
|
|
|
(8,928 |
) |
| Income tax benefit/(expense) |
|
|
(1,500 |
) |
|
|
(8 |
) |
|
|
202 |
|
|
|
7,819 |
|
|
|
- |
|
|
|
6,513 |
|
| NET INCOME/(LOSS) FOR THE YEAR |
|
|
12,794 |
|
|
|
(10,050 |
) |
|
|
(7,209 |
) |
|
|
(247,625 |
) |
|
|
249,675 |
|
|
|
(2,415 |
) |
| Attributable to equity holders of the Company |
|
|
12,794 |
|
|
|
(10,052 |
) |
|
|
(7,209 |
) |
|
|
(247,625 |
) |
|
|
249,675 |
|
|
|
(2,417 |
) |
| Attributable to non-controlling interests |
|
|
- |
|
|
|
2 |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
2 |
|
|
| Schedule of financial position |
| Schedule of financial position |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| 12/31/2025 |
|
Spain |
|
|
Mexico |
|
|
Other operations |
|
|
Supporting |
|
|
Eliminations |
|
|
Total
Codere
Online |
|
| Non-current assets |
|
|
611 |
|
|
|
16 |
|
|
|
378 |
|
|
|
226,009 |
|
|
|
(213,636 |
) |
|
|
13,378 |
|
| Current assets |
|
|
69,684 |
|
|
|
22,285 |
|
|
|
10,118 |
|
|
|
114,179 |
|
|
|
(148,783 |
) |
|
|
67,483 |
|
| Trade receivables and other current assets |
|
|
13,157 |
|
|
|
4,731 |
|
|
|
(1,442 |
) |
|
|
52,878 |
|
|
|
(61,483 |
) |
|
|
7,841 |
|
| Current financial assets |
|
|
40,157 |
|
|
|
3,511 |
|
|
|
2,572 |
|
|
|
50,689 |
|
|
|
(87,270 |
) |
|
|
9,659 |
|
| Cash and cash equivalents |
|
|
16,370 |
|
|
|
14,043 |
|
|
|
8,988 |
|
|
|
10,612 |
|
|
|
(30 |
) |
|
|
49,983 |
|
| Total Assets |
|
|
70,295 |
|
|
|
22,301 |
|
|
|
10,496 |
|
|
|
340,188 |
|
|
|
(362,419 |
) |
|
|
80,861 |
|
| EQUITY |
|
|
47,023 |
|
|
|
(19,669 |
) |
|
|
(12,943 |
) |
|
|
228,193 |
|
|
|
(213,906 |
) |
|
|
28,698 |
|
| NON-CURRENT LIABILITIES |
|
|
151 |
|
|
|
- |
|
|
|
229 |
|
|
|
1,268 |
|
|
|
1,232 |
|
|
|
2,880 |
|
| CURRENT LIABILITIES |
|
|
23,121 |
|
|
|
41,970 |
|
|
|
23,210 |
|
|
|
110,727 |
|
|
|
(149,745 |
) |
|
|
49,283 |
|
| Lease obligations |
|
|
104 |
|
|
|
- |
|
|
|
44 |
|
|
|
1,588 |
|
|
|
(1,232 |
) |
|
|
504 |
|
| Borrowings |
|
|
4,048 |
|
|
|
5,074 |
|
|
|
11,225 |
|
|
|
71,496 |
|
|
|
(90,035 |
) |
|
|
1,808 |
|
| Trade payables and other current liabilities |
|
|
18,969 |
|
|
|
36,896 |
|
|
|
11,941 |
|
|
|
37,643 |
|
|
|
(58,478 |
) |
|
|
46,971 |
|
| Total EQUITY AND LIABILITIES |
|
|
70,295 |
|
|
|
22,301 |
|
|
|
10,496 |
|
|
|
340,188 |
|
|
|
(362,419 |
) |
|
|
80,861 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| 12/31/2024 |
|
Spain |
|
|
Mexico |
|
|
Other
Operations |
|
|
Supporting |
|
|
Eliminations |
|
|
Total
Codere
Online |
|
| Non-current assets |
|
|
709 |
|
|
|
31 |
|
|
|
80 |
|
|
|
220,495 |
|
|
|
(209,698 |
) |
|
|
11,617 |
|
| Current assets |
|
|
72,540 |
|
|
|
15,408 |
|
|
|
10,176 |
|
|
|
104,118 |
|
|
|
(139,319 |
) |
|
|
62,923 |
|
| Trade receivables and other current assets |
|
|
13,403 |
|
|
|
3,672 |
|
|
|
1,457 |
|
|
|
39,739 |
|
|
|
(49,149 |
) |
|
|
9,122 |
|
| Current financial assets |
|
|
46,819 |
|
|
|
2,915 |
|
|
|
2,691 |
|
|
|
51,209 |
|
|
|
(90,140 |
) |
|
|
13,494 |
|
| Cash and cash equivalents |
|
|
12,318 |
|
|
|
8,821 |
|
|
|
6,028 |
|
|
|
13,170 |
|
|
|
(30 |
) |
|
|
40,307 |
|
| Total Assets |
|
|
73,249 |
|
|
|
15,439 |
|
|
|
10,256 |
|
|
|
324,613 |
|
|
|
(349,017 |
) |
|
|
74,540 |
|
| EQUITY |
|
|
48,448 |
|
|
|
(21,134 |
) |
|
|
(11,467 |
) |
|
|
218,341 |
|
|
|
(209,968 |
) |
|
|
24,220 |
|
| NON-CURRENT LIABILITIES |
|
|
- |
|
|
|
- |
|
|
|
(3 |
) |
|
|
5,359 |
|
|
|
2 |
|
|
|
5,358 |
|
| CURRENT LIABILITIES |
|
|
24,801 |
|
|
|
36,573 |
|
|
|
21,726 |
|
|
|
100,913 |
|
|
|
(139,051 |
) |
|
|
44,962 |
|
| Lease obligations |
|
|
350 |
|
|
|
- |
|
|
|
- |
|
|
|
14 |
|
|
|
- |
|
|
|
364 |
|
| Borrowings |
|
|
5,921 |
|
|
|
3,329 |
|
|
|
13,231 |
|
|
|
72,925 |
|
|
|
(92,041 |
) |
|
|
3,365 |
|
| Trade payables and other current liabilities |
|
|
18,530 |
|
|
|
33,244 |
|
|
|
8,495 |
|
|
|
27,974 |
|
|
|
(47,010 |
) |
|
|
41,233 |
|
| Total EQUITY AND LIABILITIES |
|
|
73,249 |
|
|
|
15,439 |
|
|
|
10,256 |
|
|
|
324,613 |
|
|
|
(349,017 |
) |
|
|
74,540 |
|
|