Codere Online US (CDRO) revenue breakdown
By segment, Mexico is the largest at 40% of fiscal 2025 revenue, growing 38% a year over 6 years.
By product, Online casino wagering is the largest at 62% of fiscal 2025 revenue, growing 38% a year over 6 years.
Revenue by segment
Fiscal years, as Codere Online US reports them in its 10-K filings; fiscal 2025 total $271M.
| Segments | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|
| Mexico | $15M | $18M | $25M | $46M | $73M | $96M | $107M | 40% |
| Spain | $44M | $48M | $50M | $60M | $76M | $88M | $91M | 33% |
| Supporting | $28M | $31M | $40M | $56M | $45M | $52M | $61M | 22% |
| Other Operations | $731,000 | $329,000 | $989,000 | $3M | $13M | $17M | $13M | 5% |
| Colombia | $2M | $2M | $4M | $7M | — | — | — | — |
| Eliminations | -$28M | -$30M | -$39M | -$56M | -$45M | -$52M | -$61M | -22% |
Revenue by product
Fiscal years, as Codere Online US reports them in its 10-K filings; fiscal 2025 total $210M.
| Products | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|
| Online casino wagering | $19M | $31M | $34M | $57M | $89M | $117M | $131M | 62% |
| Online sports betting | $43M | $40M | $46M | $58M | $72M | $83M | $79M | 37% |
| Others | — | — | $200,000 | — | $10,000 | $51,000 | $534,000 | 0% |
Revenue by region
Fiscal years, as Codere Online US reports them in its 10-K filings; fiscal 2025 total $210M.
| Regions | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|
| Mexico | $18M | $25M | $46M | $73M | $96M | $107M | 51% |
| Spain | $48M | $50M | $60M | $76M | $88M | $91M | 43% |
| Others | $1M | $2M | $2M | $2M | $17M | $13M | 6% |
| Colombia | $2M | $4M | $7M | $9M | — | — | — |
| Argentina | — | — | $1M | $2M | — | — | — |
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Where does Codere Online US make its money?
In fiscal 2025, by segment: Mexico $107M, Spain $91M, Supporting $61M, Other Operations $13M.
From Codere Online US's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.