Codere Online Reports Second Quarter 2026 Results and Raises Full Year Outlook

The Company once again delivered record quarterly net gaming revenue of €69.4 million and Adj. EBITDA of €5.8 million * Total revenue was €64.4 mm in Q2 2026, while net gaming revenue(1) was €69.4 mm, 27% above Q2 2025. * Spain revenue and net gaming revenue were €27.6 mm in Q2 2026, 25% above Q2 2025. * Mexico revenue was €31.8 mm in Q2 2026, while net gaming revenue was €36.1 mm, 24% above Q2 2025. * Adj. EBITDA reached €5.8 mm in Q2 2026, €3.5 mm above Q2 2025. * Net income was €5.6 mm in H1 2026 versus a net loss of €3.1 mm in H1 2025. * Total cash position of €62.6 mm and no financial debt as of June 30, 2026. * Increasing FY 2026 outlook of net gaming revenue to €255-265 mm and Adj. EBITDA(2) to €20-25 mm. Madrid, Spain and Tel Aviv, Israel, July 30, 2026 – (GLOBE NEWSWIRE) Codere Online (Nasdaq: CDRO / CDROW, the “Company”), a leading online gaming operator in Spain and Latin America, has released its preliminary unaudited(3) financial results for the quarter ended June 30, 2026.