Operator

Ladies and gentlemen, thank you for joining us, and welcome to the Codere Online First Quarter 2026 Financial Results Presentation. [Operator Instructions]

I will now hand the conference over to Guillermo Lancha, Director of Investor Relations and Communications at Codere Online. Please go ahead.

Guillermo Lancha
Director of Investor Relations

Thanks, operator, and welcome, everyone, to Codere Online's earnings call for the first quarter of 2026. Today, you will hear from our CEO, Aviv Sher; and CFO, Marcus Arildsson. Our Executive Vice Chairman, Moshe Edree, will also join us in the Q&A session.

Please note that 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 cohereonline.com, where investors can also sign up for e-mail alerts. Additionally, I would like to draw your attention to our recently filed annual report, where you can find detailed financial and other information regarding the company.

With that, I will go ahead and pass the call on to Aviv.

Aviv Sher
Chief Executive Officer

Thanks, Guillermo, and thank you all for joining us today. We are very pleased with how we started 2026, delivering a solid