Codere Online ( (CDRO) ) has released a notification of late filing.
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Codere Online Luxembourg, S.A. has announced a delay in filing its Annual Report on Form 20-F (Yearly Report) for the fiscal year ending December 31, 2024. The delay is primarily due to the recent engagement of a new auditor, MaloneBailey LLP, following the resignation of Marcum LLP. This transition has necessitated additional time to complete the audit of financial statements. The company aims to file the report within this month but anticipates challenges in meeting the fifteen-day grace period. Preliminary financial results indicate a significant increase in total revenue to approximately €201.4 million and a net income of €3.7 million for 2024, compared to the previous year’s figures. Codere Online is committed to resolving these issues promptly, as stated by Chief Financial Officer Oscar Iglesias.
More about Codere Online
YTD Price Performance: 13.92%
Average Trading Volume: 37,373
Technical Sentiment Signal: Sell
Current Market Cap: $326.1M
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