Codere Online Reports Financial Results for the First Quarter 2025
Financial Performance: Codere Online reported a total revenue of €54.3 million and net gaming revenue of €57.0 million in Q1 2025, marking an 8% increase from the previous year, with significant growth in Mexico where net gaming revenue rose by 15%. However, the company faced a net loss of €0.7 million compared to a profit of €3.4 million in Q1 2024.
Future Outlook and Compliance: The company reiterated its 2025 net gaming revenue outlook of €220-230 million and adjusted EBITDA of €10-15 million, while also announcing compliance with Nasdaq listing requirements after filing its annual report ahead of schedule.
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Codere Online to Release Q4 2025 Results on February 26, 2026
- Earnings Release Schedule: Codere Online will announce its Q4 2025 results on February 26, 2026, at 8:30 AM ET, expected to provide key financial data and business updates that will aid investors in assessing the company's performance.
- Conference Call Details: On the same day, Codere Online's management will host a conference call to discuss the earnings report and provide a business update, enhancing transparency and engaging with investors to boost market confidence.
- Materials Available Online: The earnings press release and related materials will be accessible on Codere Online's official website, ensuring timely information access for investors, promoting information symmetry and market responsiveness.
- Company Background: Codere Online is a leading online gaming operator launched in 2014, operating in Spain and Latin America, combining online and offline operations to create a robust omnichannel gaming ecosystem.
Wall Street Analysts Adjust Ratings
- Analyst Rating Changes: Top Wall Street analysts have adjusted their ratings on several companies, including upgrades, downgrades, and initiations, reflecting varying market perspectives that could influence investor decisions.
- Market Reaction: While specific company names are not mentioned, analyst rating changes typically attract market attention, prompting investors to adjust their positions based on these ratings, which can lead to stock price volatility.
- Impact of Rating Changes: Adjustments in analyst ratings not only affect short-term stock prices but can also influence a company's long-term investment appeal, especially in times of heightened market uncertainty when investors rely more on professional analysts' opinions.
- Further Information: For a complete view of all analyst rating changes, including specific upgrades, downgrades, and initiations, investors are encouraged to visit the analyst ratings page to make more informed investment decisions.
Strategies for Discovering Undervalued Growth Stocks
- Growth Ranking Tool: Benzinga's Growth Ranking tool helps investors identify underappreciated growth stocks by establishing a rules-based framework that reduces narrative risk and focuses on actual sales and earnings growth.
- Screening Process Optimization: With Benzinga Pro's scanner, investors can create a weekly updated list of candidates, initially filtering for high Growth Rankings and then using low institutional ownership to eliminate crowded trades.
- Potential Investment Opportunities: Companies like Optex Systems Holdings and MIND Technology demonstrate real growth potential under low institutional ownership, where stable orders and continued deliveries could lead to rapid market re-pricing.
- Profitability Enhancement: Cases like Paysign and Codere Online indicate that as profitability improves and cash flow stabilizes, market attention on these companies may rise quickly, driving stock prices higher.
Codere Online to Attend Upcoming Investor Conferences
Upcoming Investor Conferences: Codere Online Luxembourg, a leading online gaming operator, will participate in the 5th Annual Craig-Hallum Online Gaming Conference on December 2, 2025, and the BTIG Digital GameDay on December 10, 2025, both virtually.
Key Management Attendees: The conferences will feature key executives including CEO Aviv Sher, former CFO Oscar Iglesias, CFO Marcus Arildsson, and Head of Investor Relations Guillermo Lancha.
Company Overview: Codere Online, launched in 2014, offers online sports betting and casino services in Spain and Latin America, supported by the physical presence of its parent company, Codere Group.
Codere Group Background: Codere Group is a multinational entertainment and leisure company with over 40 years of experience in the gaming industry, operating in seven countries across Europe and Latin America.
Codere Online Names Marcus Arildsson as Chief Financial Officer
New CFO Appointment: Codere Online Luxembourg has appointed Marcus Arildsson as CFO, effective immediately, succeeding Oscar Iglesias who will assist in the transition.
Marcus Arildsson's Background: Marcus brings over 25 years of experience in investment banking, equity markets, and corporate finance, previously holding CFO roles at Millenium Hospitality Real Estate.
Board of Directors: In addition to his CFO role, Marcus is expected to join Codere's Board of Directors, enhancing the company's leadership team.
Stock Market Reaction: Following the announcement, Codere's shares rose by 5.22% to 4.84 euros on the Frankfurt Stock Exchange.
Codere Online Names Marcus Arildsson as CFO
New CFO Appointment: Codere Online has appointed Marcus Arildsson as Chief Financial Officer, succeeding Oscar Iglesias, who will assist in the transition and join the Board of Directors pending shareholder approval.
Marcus Arildsson's Background: Arildsson brings over 25 years of international finance experience, having worked at Lehman Brothers, Merrill Lynch, and Arcano Partners, and has held CFO roles in various companies.
Company Overview: Codere Online, part of the Codere Group, operates in online gaming across Spain and Latin America, offering sports betting and casino services through its digital platforms.
Forward-Looking Statements: The announcement includes forward-looking statements regarding Codere Online's future performance and potential risks, emphasizing the uncertainties in the online gaming industry.
Codere Online to Release Q4 2025 Results on February 26, 2026
- Earnings Release Schedule: Codere Online will announce its Q4 2025 results on February 26, 2026, at 8:30 AM ET, expected to provide key financial data and business updates that will aid investors in assessing the company's performance.
- Conference Call Details: On the same day, Codere Online's management will host a conference call to discuss the earnings report and provide a business update, enhancing transparency and engaging with investors to boost market confidence.
- Materials Available Online: The earnings press release and related materials will be accessible on Codere Online's official website, ensuring timely information access for investors, promoting information symmetry and market responsiveness.
- Company Background: Codere Online is a leading online gaming operator launched in 2014, operating in Spain and Latin America, combining online and offline operations to create a robust omnichannel gaming ecosystem.
Wall Street Analysts Adjust Ratings
- Analyst Rating Changes: Top Wall Street analysts have adjusted their ratings on several companies, including upgrades, downgrades, and initiations, reflecting varying market perspectives that could influence investor decisions.
- Market Reaction: While specific company names are not mentioned, analyst rating changes typically attract market attention, prompting investors to adjust their positions based on these ratings, which can lead to stock price volatility.
- Impact of Rating Changes: Adjustments in analyst ratings not only affect short-term stock prices but can also influence a company's long-term investment appeal, especially in times of heightened market uncertainty when investors rely more on professional analysts' opinions.
- Further Information: For a complete view of all analyst rating changes, including specific upgrades, downgrades, and initiations, investors are encouraged to visit the analyst ratings page to make more informed investment decisions.
Strategies for Discovering Undervalued Growth Stocks
- Growth Ranking Tool: Benzinga's Growth Ranking tool helps investors identify underappreciated growth stocks by establishing a rules-based framework that reduces narrative risk and focuses on actual sales and earnings growth.
- Screening Process Optimization: With Benzinga Pro's scanner, investors can create a weekly updated list of candidates, initially filtering for high Growth Rankings and then using low institutional ownership to eliminate crowded trades.
- Potential Investment Opportunities: Companies like Optex Systems Holdings and MIND Technology demonstrate real growth potential under low institutional ownership, where stable orders and continued deliveries could lead to rapid market re-pricing.
- Profitability Enhancement: Cases like Paysign and Codere Online indicate that as profitability improves and cash flow stabilizes, market attention on these companies may rise quickly, driving stock prices higher.
Codere Online to Attend Upcoming Investor Conferences
Upcoming Investor Conferences: Codere Online Luxembourg, a leading online gaming operator, will participate in the 5th Annual Craig-Hallum Online Gaming Conference on December 2, 2025, and the BTIG Digital GameDay on December 10, 2025, both virtually.
Key Management Attendees: The conferences will feature key executives including CEO Aviv Sher, former CFO Oscar Iglesias, CFO Marcus Arildsson, and Head of Investor Relations Guillermo Lancha.
Company Overview: Codere Online, launched in 2014, offers online sports betting and casino services in Spain and Latin America, supported by the physical presence of its parent company, Codere Group.
Codere Group Background: Codere Group is a multinational entertainment and leisure company with over 40 years of experience in the gaming industry, operating in seven countries across Europe and Latin America.
Codere Online Names Marcus Arildsson as Chief Financial Officer
New CFO Appointment: Codere Online Luxembourg has appointed Marcus Arildsson as CFO, effective immediately, succeeding Oscar Iglesias who will assist in the transition.
Marcus Arildsson's Background: Marcus brings over 25 years of experience in investment banking, equity markets, and corporate finance, previously holding CFO roles at Millenium Hospitality Real Estate.
Board of Directors: In addition to his CFO role, Marcus is expected to join Codere's Board of Directors, enhancing the company's leadership team.
Stock Market Reaction: Following the announcement, Codere's shares rose by 5.22% to 4.84 euros on the Frankfurt Stock Exchange.
Codere Online Names Marcus Arildsson as CFO
New CFO Appointment: Codere Online has appointed Marcus Arildsson as Chief Financial Officer, succeeding Oscar Iglesias, who will assist in the transition and join the Board of Directors pending shareholder approval.
Marcus Arildsson's Background: Arildsson brings over 25 years of international finance experience, having worked at Lehman Brothers, Merrill Lynch, and Arcano Partners, and has held CFO roles in various companies.
Company Overview: Codere Online, part of the Codere Group, operates in online gaming across Spain and Latin America, offering sports betting and casino services through its digital platforms.
Forward-Looking Statements: The announcement includes forward-looking statements regarding Codere Online's future performance and potential risks, emphasizing the uncertainties in the online gaming industry.
