Aviv Sher
CEO
Replay available
Codere Online Luxembourg, S.A. (NASDAQ: CDRO) Q3 2025 earnings conference call, held 2025-11-17. Replay captured from the company's public earnings webcast.

CEO
Head of Investor Relations
CFO
Executive Vice Chairman
Analyst, Stifel
Analyst, Craig Hallam Capital Group
Ladies and gentlemen, thank you for joining us and welcome to the Codeir Online third quarter 2025 financial results. After today's prepared remarks, we will host a question and answer session. If you would like to ask a question, please raise your hand. If you have dialled into today's call, please press star 9 to raise your hand and star 6 to unmute. I will now hand the conference over to Guillermo Lancha, Head of Investor Relations at Codeir Online. Please go ahead. Thanks, operator, and welcome everyone to Codere Online's earnings call for the third quarter of 2025. Today, you will hear from our CEO, Aviv Sher, and CFO, Oscar Iglesias. Our Executive Vice Chairman, Moshe Edre, will also join us in the Q&A section. Our new CFO, Marcus Adelson, who has joined the company today, is also here with us. Please note that the figures reflected in today's presentation are preliminary and unaudited and include certain non-IFRS financial metrics which should be considered in addition to our IFRS results. Reconciliations and further details are available in the appendix. During this call, we will make forward-looking statements which are subject to risks and uncertainties. While these statements reflect our current expectations, we undertake no obligation to update them after this call. A replay and transcript will be available at CoderreOnline.com, where investors can also sign up for email alerts. With that, I will go ahead and pass the call on to Aviv. Aviv, you're on mute, I believe. Are we sure the system is okay? Because I see only two people. I can start reading, but we have no technical problems, right? Yes, go ahead, Aviv. Okay. Thanks, Guillermo, and thanks to everyone for joining us today. First of all, I would like to welcome Markus. who is joining Codere Online a...