Welcome to our dedicated page for Codere Online Luxembourg, S.A. SEC filings (Ticker: CDRO), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Codere Online Luxembourg, S.A. filings document a foreign private issuer with an online sports betting and casino business in Spain and Latin America. Form 6-K reports furnish earnings press releases, investor presentations and operating metrics such as revenue, net gaming revenue, adjusted EBITDA, monthly active players, cash position, financial debt and share repurchase activity.
The company’s Form 20-F annual reports provide audited financial statements and broader disclosures for the business, while shareholder-meeting filings record governance matters, including board appointments and voting results. These filings also identify the company’s use of Form 20-F reporting rather than Form 40-F reporting.
Codere Online Luxembourg, S.A. director Saenz de Buruaga Perez-Acha Gabriel filed an initial Form 3 reporting his status as a director of the company. The filing shows no reported purchases, sales, option exercises, gifts, or other insider transactions, and no derivative securities positions are listed.
Codere Online Luxembourg, S.A. executive Amalia Lopez Castano, the Chief Accounting Officer, reports her equity holdings in the company. She directly holds 15,280 Ordinary Shares, including 4,361 shares underlying restricted share units scheduled to vest on December 31, 2026.
She also holds several option awards over Ordinary Shares: 29,833 options with a $10.0000 exercise price expiring on December 31, 2027; 32,000 options at $8.4900 expiring on January 1, 2034; 25,000 options at $8.4900 expiring on January 1, 2035; and 30,000 options at $8.0300 expiring on January 1, 2036. Portions of these grants have already vested, with remaining tranches vesting annually from 2026 through 2030 under the company’s long-term incentive plans.
Codere Online Luxembourg, S.A. reports record 2025 results with strong growth but a small loss. Net gaming revenue reached €224.1 million for 2025, the highest in its history, while Adjusted EBITDA improved to €13.8 million. In the fourth quarter, net gaming revenue rose 15% year-on-year to €60.7 million, helped by a 20% increase in average monthly active players to 177,000.
Mexico was the main growth driver, with Q4 2025 net gaming revenue of €32.8 million, up 31% as active customers grew 43%. Despite this, the company posted a 2025 net loss of €1.8 million versus €3.9 million net income in 2024. Codere Online ended 2025 with €50.0 million of cash and no financial debt, repurchased 391,000 shares for $2.7 million, and guides 2026 net gaming revenue to €235–245 million with Adjusted EBITDA of €15–20 million. It also renewed its Colombian online gaming license to November 2030, while Mexico’s gaming excise tax increased from 30% to 50% starting January 1, 2026.
Codere Online Luxembourg, S.A. filed a Form 6-K to furnish a press release announcing timing for its upcoming earnings. The company will release its fourth quarter 2025 financial results before 8:30 US Eastern Time on February 26, 2026.
On the same day at 8:30 US Eastern Time, management will host a conference call to discuss results and provide a business update. The earnings press release, presentation materials, dial-in details, and webcast registration will be available in the Events & Presentations section of Codere Online’s website, with a recording accessible after the call.
Codere Online Luxembourg, S.A. reports that shareholders at an extraordinary meeting on December 9, 2025 approved a single resolution to appoint Mr. Gaëtan Dumont to the Board of Directors with immediate effect.
This change adds a new member to the Company’s board based on a direct shareholder vote held outside the regular annual meeting schedule. The convening notice for this extraordinary meeting had been provided earlier through a prior report and made available on the Company’s website.
Codere Online Luxembourg, S.A. (CDRO) has called an Extraordinary General Meeting of shareholders for December 9, 2025 at its registered office in Luxembourg. Shareholders of record as of November 14, 2025 will be entitled to vote.
The meeting has a single agenda item: to decide on the immediate appointment of Gaëtan Dumont to the Board of Directors. Mr. Dumont is the founder and Managing Director of The Square Finance S.à r.l., a Luxembourg advisory firm focused on corporate finance, treasury, compliance, risk management, and corporate governance. He brings over 19 years of board and executive experience across private equity, real estate, technology, healthcare, and financial services, including senior roles at UCB Group Treasury Centre, RTL Group, Deutsche Bank, and Euroclear.
A detailed convening notice for the meeting is provided as Exhibit 99.1 to this report.
Codere Online Luxembourg, S.A. furnished a report describing that it has issued a press release and investor presentation with preliminary unaudited financial results for the three months ended September 30, 2025. These materials are included as Exhibits 99.1 and 99.2 to the Form 6-K and are being furnished, not filed, which means they are not automatically subject to certain Exchange Act liabilities or incorporated into other securities law filings unless specifically referenced.
Codere Online Luxembourg, S.A. appointed Marcus Arildsson as its new Chief Financial Officer, effective following a board decision on November 17, 2025, succeeding Oscar Iglesias. Iglesias is expected to join the company’s board, subject to shareholder approval at an Extraordinary General Meeting scheduled for December 1, 2025.
Arildsson brings 20 years of investment banking experience in London and Madrid and has previously served as CFO of Spanish listed REIT Millenium Hospitality Real Estate and technology company Ladorian. The company has called an Extraordinary General Meeting for December 1, 2025 at 3:00 p.m. (Luxembourg time) at its registered office, with a record date of November 4, 2025 for shareholders entitled to vote.