Codere Online Luxembourg, S.A Operating Expenses Growth & History (CDRO)
Codere Online Luxembourg, S.A's operating expenses was €196.3M for fiscal 2025.
View full Codere Online Luxembourg, S.A company overviewCodere Online Luxembourg, S.A annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | €196.3M | −€29,000 | −0.01% |
| 2024 | 2024-12-31 | €196.4M | €20.0M | +11.32% |
| 2023 | 2023-12-31 | €176.4M | €4.8M | +2.78% |
| 2022 | 2022-12-31 | €171.6M | €20.3M | +13.45% |
| 2021 | 2021-12-31 | €151.3M | €66.5M | +78.51% |
| 2020 | 2020-12-31 | €84.7M | €7.3M | +9.41% |
| 2019 | 2019-12-31 | €77.5M | — | — |
Codere Online Luxembourg, S.A operating expenses trends
Over the last five fiscal years, Codere Online Luxembourg, S.A's operating expenses increased from €84.7M to €196.3M, a change of €111.6M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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