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CDRO

Codere Online Luxembourg, S.A.

Price Chart
Latest Quote

$9.30

-0.22 (-2.31%)
Current Price
Previous Close $9.52
Open $9.40
Day High $9.64
Day Low $9.28
Volume 31,910
Fetched: 2026-07-18T12:59:03
Stock Information
Note: Financial values converted from EUR to USD
Shares Outstanding 45.47M
Total Debt $4.49M
Cash Equivalents $57.21M
Revenue $240.82M
Net Income $1.48M
Sector Consumer Cyclical
Industry Gambling
Market Cap $422.87M
P/E Ratio 310.00
EPS (TTM) $0.03
Exchange NCM
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📊 Comprehensive Analysis
Company Data
Enterprise Value$376.23M
Sales$240.82M
Income$1.48M
Book/sh$0.72
Cash/sh$1.10
Employees369
Financial Ratios
Quick Ratio1.14
Current Ratio1.37
Debt/Eq13.68
EPS Growth TTM6.70%
Returns & Margins
ROA4.61%
ROE4.89%
Gross Margin88.12%
Operating Margin2.60%
Profit Margin0.61%
Ownership
Insider Ownership67.32%
Institutional Ownership11.44%
Insider & Institutional transactions data not available
Valuation Ratios
Forward P/E21.93
P/S2.01
P/B12.95
Analyst Data
Recommendationnone
Target Price$12.00
Technical Indicators
SMA20$9.57
SMA50$9.49
SMA200$8.08
RSI35.59
ATR0.3236
Shares Float14.80M
Short Float2.47%
Short Ratio8.11
Volatility0.44
Rel Volume0.87
Performance History
Week-1.80%
Month-5.10%
Quarter+4.73%
6 Months+20.00%
YTD+15.53%
Year+11.78%
3 Years+185.28%
5 Years-6.06%
10 Years-9.18%
Stock Score: ⭐ Premium
Based on debt, profitability, growth, and cash flow metrics
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Recent Price History
Date Close Volume
2026-07-17 $9.30 31,900
2026-07-16 $9.52 49,100
2026-07-15 $9.59 28,800
2026-07-14 $9.45 4,200
2026-07-13 $9.56 7,600
2026-07-10 $9.47 73,000
2026-07-09 $9.46 121,700
2026-07-08 $9.50 11,600
2026-07-07 $9.56 9,900
2026-07-06 $9.58 6,000
2026-07-02 $9.56 15,600
2026-07-01 $9.40 7,300
2026-06-30 $9.57 6,200
2026-06-29 $9.57 21,700
2026-06-26 $9.64 10,000
2026-06-25 $9.32 65,900
2026-06-24 $9.58 64,300
2026-06-23 $9.71 13,700
2026-06-22 $9.85 33,500
2026-06-18 $10.20 147,400
About Codere Online Luxembourg, S.A.

Codere Online Luxembourg, S.A., together with its subsidiaries, operates as an online casino gaming and sports betting company in Spain, Mexico, and internationally. It offers online casino games available in land-based casinos, gaming halls, and gambling establishments, such as slot machines, table games, and bingo, as well as online casino through its website and mobile applications; and online sports betting and other bets under the Codere brand. Codere Online Luxembourg, S.A. is headquartered in Luxembourg, Luxembourg.

Period:
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Income Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Revenue
Reconciled Cost Of Revenue $10,108,522 $9,108,978 $7,172,721 $5,532,328
Cost Of Revenue $9,509,938 $8,832,533 $7,172,721 $5,532,328
Total Revenue $240,355,259 $229,271,184 $184,655,010 $132,221,838
Operating Revenue $239,745,252 $229,212,925 $184,643,586 $132,221,838
Expenses
Total Expenses $233,800,542 $224,323,731 $201,509,019 $196,049,800
Rent Expense Supplemental $36,555 $267,306 $603,153 $600,868
Other Income Expense $-2,823,852 $620,288 $4,581,905 $14,059,858
Net Non Operating Interest Income Expense $52,547 $568,883 $2,073,338 $173,635
Total Other Finance Cost $338,131 $119,945 - $-73,109
Operating Expense $224,290,604 $215,491,198 $194,336,298 $190,517,472
Other Operating Expenses $1,329,678 $1,210,875 $1,635,824 $1,209,733
Selling And Marketing Expense $97,665,065 $97,503,995 $85,820,194 $100,996,113
General And Administrative Expense $100,234,176 $93,642,903 $88,151,700 $74,506,509
Interest Expense - - - $14,442,540
Interest Expense Non Operating - - - $14,442,540
Income & Earnings
Net Income From Continuing Operation Net Minority Interest $1,475,897 $4,464,245 $-2,761,023 $-52,983,777
Net Interest Income $52,547 $568,883 $2,073,338 $173,635
Interest Income $390,679 $688,828 $2,073,338 $100,525
Normalized Income $3,452,593 $4,011,435 $-5,968,357 $-62,825,678
Net Income From Continuing And Discontinued Operation $1,475,897 $4,464,245 $-2,761,023 $-52,983,777
Total Operating Income As Reported $6,554,718 $4,947,452 $-16,854,009 $-63,827,963
Net Income Common Stockholders $1,475,897 $4,464,245 $-2,761,023 $-52,983,777
Net Income $1,475,897 $4,464,245 $-2,761,023 $-52,983,777
Net Income Including Noncontrolling Interests $1,479,324 $4,466,529 $-2,758,739 $-52,984,920
Net Income Continuous Operations $1,479,324 $4,466,529 $-2,758,739 $-52,984,920
Pretax Income $3,783,413 $6,136,623 $-10,198,766 $-49,594,470
Special Income Charges $3,711,446 $10,269,591 $4,248,343 $2,587,389
Interest Income Non Operating $390,679 $688,828 $2,073,338 $100,525
Operating Income $6,554,718 $4,947,452 $-16,854,009 $-63,827,963
Depreciation Amortization Depletion Income Statement $736,806 $443,226 $130,226 $635,138
Depreciation And Amortization In Income Statement $736,806 $443,226 $130,226 $635,138
Amortization Of Intangibles Income Statement $0 $11,423 $0 $543,751
Depreciation Income Statement $736,806 $431,803 $130,226 $91,387
Gross Profit $230,845,321 $220,438,650 $177,482,289 $126,689,510
Per Share
Diluted EPS $0.03 $0.09 $-0.06 $-1.18
Basic EPS $0.03 $0.10 $-0.06 $-1.18
Other
Tax Effect Of Unusual Items $-847,156 $167,478 $1,374,572 $4,217,957
Tax Rate For Calcs $0 $0 $0 $0
Normalized EBITDA (Bullshit earnings) $10,115,376 $4,770,391 $-21,305,688 $-77,252,682
Total Unusual Items $-2,823,852 $620,288 $4,581,905 $14,059,858
Total Unusual Items Excluding Goodwill $-2,823,852 $620,288 $4,581,905 $14,059,858
Reconciled Depreciation $138,223 $166,781 $130,226 $635,138
EBITDA (Bullshit earnings) $7,291,524 $5,390,678 $-16,723,783 $-63,192,824
EBIT $6,554,718 $4,947,452 $-16,854,009 $-63,827,963
Diluted Average Shares $52,419,075 $52,626,051 $51,717,428 $51,544,385
Basic Average Shares $51,970,685 $51,956,505 $51,717,428 $51,544,385
Diluted NI Availto Com Stockholders $1,475,897 $4,464,245 $-2,761,023 $-52,983,777
Minority Interests $-3,427 $-2,285 $-2,285 $1,142
Tax Provision $2,304,089 $1,670,094 $-7,440,027 $3,390,450
Other Special Charges $-3,711,446 $-10,269,591 $-4,248,343 $-2,587,389
Gain On Sale Of Security $-6,535,298 $-9,649,303 $333,562 $11,472,469
Other Taxes $24,324,879 $22,690,198 $18,598,355 $13,169,979
Amortization $0 $11,423 $0 $543,751
Selling General And Administration $197,899,240 $191,146,899 $173,971,894 $175,502,622
Other Gand A $71,634,679 $71,917,978 $67,629,653 $56,426,775
Rent And Landing Fees $36,555 $267,306 $603,153 $600,868
Salaries And Wages $28,562,942 $21,457,619 $19,918,894 $17,478,866
Restructuring And Mergern Acquisition - - $0 $0
Fetched: 2026-07-07
Balance Sheet (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Assets
Net Tangible Assets $32,609,092 $27,497,143 $24,136,394 $27,863,833
Total Assets $92,370,342 $85,149,643 $84,303,173 $79,172,947
Total Non Current Assets $15,282,156 $13,270,505 $9,731,551 $1,122,915
Non Current Deferred Assets $12,497,144 $10,517,477 $9,342,015 $880,740
Non Current Deferred Taxes Assets $12,497,144 $10,517,477 $9,342,015 $880,740
Current Assets $77,088,186 $71,879,139 $74,571,622 $78,050,032
Prepaid Assets $1,721,499 $2,509,710 $472,927 $773,361
Receivables $7,235,549 $7,910,669 $15,067,397 $8,070,596
Other Receivables $84,533 $828,193 $-30,843 $70,825
Taxes Receivable $6,174,320 $5,883,025 $5,904,729 $3,190,541
Accounts Receivable $976,696 $1,199,452 $9,193,511 $4,809,230
Allowance For Doubtful Accounts Receivable $-113,091 $-113,091 $-113,091 $-113,091
Gross Accounts Receivable $1,089,787 $1,312,543 $9,306,602 $4,922,321
Cash Cash Equivalents And Short Term Investments $68,131,138 $61,458,760 $59,031,298 $69,206,075
Cash And Cash Equivalents $57,097,325 $46,044,093 $47,153,300 $61,466,756
Other Non Current Assets - $-1,142 - -
Goodwill And Other Intangible Assets - $0 $11,423 $11,423
Investmentin Financial Assets - - $0 $2,285
Other Intangible Assets - - $11,423 $11,423
Debt
Total Debt $4,485,949 $6,130,911 $5,831,620 $4,846,927
Long Term Debt And Capital Lease Obligation $1,844,871 $1,871,145 $0 $811,058
Current Debt And Capital Lease Obligation $2,641,078 $4,259,767 $5,831,620 $4,846,927
Current Debt $2,065,341 $3,843,957 $5,831,620 $4,846,927
Other Current Borrowings $2,065,341 $3,843,957 $5,831,620 $4,846,927
Long Term Debt - - - $811,058
Liabilities
Total Liabilities Net Minority Interest $59,587,615 $57,482,292 $59,987,433 $51,132,052
Total Non Current Liabilities Net Minority Interest $3,289,925 $6,120,630 $466,073 $2,293,808
Derivative Product Liabilities $0 $4,249,486 $466,073 $1,482,751
Non Current Deferred Liabilities $1,445,054 $0 $0 $811,058
Non Current Deferred Taxes Liabilities $1,445,054 $0 $0 $811,058
Current Liabilities $56,297,691 $51,361,662 $59,521,360 $48,838,244
Other Current Liabilities $16,118,345 $9,944,025 $8,668,037 $8,098,012
Payables And Accrued Expenses $37,538,267 $37,157,870 $45,021,703 $35,893,305
Payables $34,175,233 $34,282,613 $42,597,668 $33,752,569
Total Tax Payable $8,572,081 $6,236,006 $6,257,711 $6,575,280
Accounts Payable $25,603,152 $28,046,606 $36,339,958 $27,177,290
Equity
Common Stock Equity $32,609,092 $27,497,143 $24,147,817 $27,875,256
Total Equity Gross Minority Interest $32,782,727 $27,667,351 $24,315,741 $28,040,895
Stockholders Equity $32,609,092 $27,497,143 $24,147,817 $27,875,256
Gains Losses Not Affecting Retained Earnings $24,698,423 $21,233,721 $22,569,111 $23,736,577
Other Equity Adjustments $24,698,423 $21,233,721 $22,569,111 $23,736,577
Retained Earnings $-166,365,085 $-167,840,982 $-172,305,227 $-169,544,204
Other
Treasury Shares Number $446,655 - - -
Ordinary Shares Number $51,690,439 $51,966,157 $51,745,372 $51,544,385
Share Issued $52,137,095 $51,966,157 $51,745,372 $51,544,385
Tangible Book Value $32,609,092 $27,497,143 $24,136,394 $27,863,833
Invested Capital $34,674,434 $31,341,100 $29,979,437 $32,722,183
Working Capital $20,790,495 $20,517,477 $15,050,262 $29,211,788
Capital Lease Obligations $2,420,608 $2,286,954 $0 -
Total Capitalization $32,609,092 $27,497,143 $24,147,817 $27,875,256
Minority Interest $173,635 $170,208 $167,923 $165,639
Additional Paid In Capital $122,138,448 $122,138,448 $122,138,448 $122,138,448
Capital Stock $52,137,307 $51,965,957 $51,745,486 $51,544,435
Common Stock $52,137,307 $51,965,957 $51,745,486 $51,544,435
Long Term Capital Lease Obligation $1,844,871 $1,871,145 $0 -
Current Capital Lease Obligation $575,737 $415,810 $0 -
Current Accrued Expenses $3,363,034 $2,875,257 $2,424,035 $2,140,736
Net PPE $2,785,012 $2,753,027 $378,113 $228,467
Accumulated Depreciation $-1,400,503 $-724,240 $-363,262 $-233,036
Gross PPE $4,185,515 $3,477,267 $741,375 $461,503
Other Properties $3,164,268 $2,513,137 - $880,740
Machinery Furniture Equipment $1,021,247 $964,131 $741,375 $461,503
Other Short Term Investments $11,033,813 $15,414,667 $11,877,998 $7,739,319
Investments And Advances - - $0 $2,285
Fetched: 2026-07-07
Cash Flow Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Free Cash Flow
Free Cash Flow $18,760,566 $4,211,789 $-13,508,110 $-48,573,222
Operating Activities
Operating Cash Flow $18,857,665 $4,504,227 $-13,228,238 $-48,385,879
Cash Flow From Continuing Operating Activities $18,857,665 $4,504,227 $-13,228,238 $-48,385,879
Operating Gains Losses $6,535,298 $9,649,303 $-333,562 $-11,472,469
Investing Activities
Capital Expenditure $-97,098 $-292,438 $-279,872 $-187,343
Investing Cash Flow $-97,098 $-292,438 $-279,872 $-187,343
Cash Flow From Continuing Investing Activities $-97,098 $-292,438 $-279,872 $-187,343
Financing Activities
Repurchase Of Capital Stock $-2,694,768 $0 $0 -
Financing Cash Flow $-5,226,182 $-2,332,648 $1,519,305 $0
Cash Flow From Continuing Financing Activities $-5,226,182 $-2,332,648 $1,519,305 $0
Cash Dividends Paid $0 $0 $0 $0
Net Common Stock Issuance $-2,694,768 $0 $0 -
Net Other Financing Charges - - - -
Other
Repayment Of Debt $-2,316,655 $-2,212,703 $0 $0
End Cash Position $57,097,325 $46,044,093 $47,153,300 $61,466,756
Beginning Cash Position $46,044,093 $47,153,300 $61,466,756 $108,416,721
Effect Of Exchange Rate Changes $-2,481,151 $-2,988,348 $-2,324,652 $1,623,258
Changes In Cash $13,534,384 $1,879,141 $-11,988,805 $-48,573,222
Interest Paid Cff $-214,759 $-119,945 $0 $0
Common Stock Payments $-2,694,768 $0 $0 -
Net Issuance Payments Of Debt $-2,316,655 $-2,212,703 $1,519,305 $0
Net Short Term Debt Issuance $-1,778,615 $-1,987,663 $1,519,305 $0
Short Term Debt Payments $-1,778,615 $-1,987,663 - -
Net Long Term Debt Issuance $-538,040 $-225,040 $0 $0
Long Term Debt Payments $-538,040 $-225,040 $0 $0
Net PPE Purchase And Sale $-97,098 $-292,438 $-279,872 $-187,343
Purchase Of PPE $-97,098 $-292,438 $-279,872 $-187,343
Taxes Refund Paid $-2,912,954 $-2,390,907 $-1,393,649 $-1,006,397
Change In Working Capital $7,593,100 $-618,003 $2,323,509 $12,033,356
Change In Payables And Accrued Expense $1,558,145 $-3,058,031 $12,911,811 $16,528,444
Change In Payable $1,558,145 $-3,058,031 $12,911,811 $16,528,444
Change In Account Payable $1,558,145 $-3,058,031 $12,911,811 $16,528,444
Change In Receivables $6,034,955 $2,440,027 $-10,588,302 $-4,495,088
Changes In Account Receivables $6,034,955 $2,440,027 $-10,588,302 $-4,495,088
Other Non Cash Items $-3,165,410 $-10,562,028 $-6,321,681 $-2,931,231
Provisionand Write Offof Assets $6,885,995 $2,122,458 $2,565,684 $4,019,877
Depreciation Amortization Depletion $138,223 $166,781 $130,226 $635,138
Depreciation And Amortization $138,223 $166,781 $130,226 $635,138
Amortization Cash Flow $0 $11,423 $0 $543,751
Amortization Of Intangibles $0 $11,423 $0 $543,751
Depreciation $138,223 $155,358 $130,226 $91,387
Gain Loss On Investment Securities $792,780 $2,202,422 $-2,181,860 $-4,814,942
Net Foreign Currency Exchange Gain Loss $5,742,518 $7,446,881 $1,848,298 $-6,657,528
Net Income From Continuing Operations $3,783,413 $6,136,623 $-10,198,766 $-49,594,470
Deferred Tax - $0 $0 $-69,682
Deferred Income Tax - $0 $0 $-69,682
Issuance Of Debt - - $1,519,305 $0
Short Term Debt Issuance - - $1,519,305 $0
Net Investment Purchase And Sale - - $0 $0
Purchase Of Investment - - $0 $0
Long Term Debt Issuance - - - $0
Unrealized Gain Loss On Investment Securities - - - $-4,814,942
Fetched: 2026-07-07