Operates online casinos and sports betting for gamers in Latin America.
Dec 2024Revenue €201M/yrExpenses €196M/yr
Reached break-even Oct 2024
Figures by year
When did Codere Online Luxembourg become profitable?
Its revenue passed its expenses in Oct 2024. In the 12 months to Dec 2024, revenue was €201M and expenses €196M.
| Fiscal year to | Revenue | Expenses | Operating profit |
|---|---|---|---|
| Dec 2024 | €201M | €196M | €4.33M |
| Dec 2023 | €162M | €176M | −€14.8M |
| Dec 2022 | €116M | €172M | −€55.9M |
| Dec 2021 | €80.3M | €151M | −€71.0M |
| Dec 2020 | €70.5M | €84.7M | −€14.2M |
| Dec 2019 | €61.6M | €77.5M | −€15.9M |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.