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CDRO

Codere Online Luxembourg, S.A.

Price Chart
Latest Quote

$8.76

-0.09 (-1.02%)
Current Price
Previous Close $8.85
Open $9.15
Day High $9.15
Day Low $8.54
Volume 16,022
Fetched: 2026-09-01T19:26:40
Stock Information
Note: Financial values converted from EUR to USD
Shares Outstanding 45.47M
Total Debt $4.55M
Cash Equivalents $57.95M
Revenue $243.95M
Net Income $1.50M
Sector Consumer Cyclical
Industry Gambling
Market Cap $398.32M
P/E Ratio 219.00
EPS (TTM) $0.04
Exchange NCM
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📊 Comprehensive Analysis
Company Data
Enterprise Value$362.62M
Sales$243.95M
Income$1.50M
Book/sh$0.73
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 Ownership12.18%
Insider & Institutional transactions data not available
Valuation Ratios
Forward P/E14.22
P/S1.89
P/B11.99
Analyst Data
Recommendationnone
Target Price$12.67
Technical Indicators
SMA20$9.00
SMA50$9.24
SMA200$8.51
RSI34.86
ATR0.2192
Shares Float14.80M
Short Float2.43%
Short Ratio14.85
Volatility0.45
Rel Volume0.85
Performance History
Week-3.63%
Month-5.50%
Quarter-8.18%
6 Months+9.50%
YTD+8.82%
Year+6.05%
3 Years+177.22%
5 Years-11.52%
10 Years-14.45%
Stock Score: ⭐ Premium
Based on debt, profitability, growth, and cash flow metrics
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Recent Price History
Date Close Volume
2026-09-01 $8.76 16,022
2026-08-31 $8.85 24,900
2026-08-28 $9.00 3,100
2026-08-27 $9.00 10,200
2026-08-26 $9.09 14,200
2026-08-25 $9.09 6,000
2026-08-24 $9.07 10,500
2026-08-21 $9.13 17,800
2026-08-20 $9.05 5,900
2026-08-19 $9.02 34,600
2026-08-18 $8.99 7,300
2026-08-17 $9.09 13,800
2026-08-14 $9.17 7,400
2026-08-13 $9.08 20,900
2026-08-12 $9.02 79,500
2026-08-11 $8.92 30,800
2026-08-10 $8.85 16,100
2026-08-07 $8.97 12,300
2026-08-06 $8.91 12,800
2026-08-05 $8.90 33,700
2026-08-04 $9.19 43,400
2026-08-03 $9.27 46,000
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 $10,303,913 $9,285,049 $7,311,365 $5,639,264
Cost Of Revenue $9,693,759 $9,003,261 $7,311,365 $5,639,264
Total Revenue $245,001,172 $233,702,849 $188,224,272 $134,777,601
Operating Revenue $244,379,374 $233,643,463 $188,212,628 $134,777,601
Expenses
Total Expenses $238,319,756 $228,659,765 $205,404,059 $199,839,317
Rent Expense Supplemental $37,261 $272,473 $614,811 $612,483
Other Income Expense $-2,878,435 $632,278 $4,670,471 $14,331,626
Net Non Operating Interest Income Expense $53,563 $579,879 $2,113,414 $176,991
Total Other Finance Cost $344,667 $122,264 - $-74,523
Operating Expense $228,625,997 $219,656,504 $198,092,694 $194,200,053
Other Operating Expenses $1,355,380 $1,234,280 $1,667,443 $1,233,116
Selling And Marketing Expense $99,552,868 $99,388,685 $87,479,043 $102,948,303
General And Administrative Expense $102,171,638 $95,452,961 $89,855,615 $75,946,672
Interest Expense - - - $14,721,705
Interest Expense Non Operating - - - $14,721,705
Income & Earnings
Net Income From Continuing Operation Net Minority Interest $1,504,425 $4,550,536 $-2,814,392 $-54,007,920
Net Interest Income $53,563 $579,879 $2,113,414 $176,991
Interest Income $398,230 $702,143 $2,113,414 $102,469
Normalized Income $3,519,329 $4,088,973 $-6,083,722 $-64,040,058
Net Income From Continuing And Discontinued Operation $1,504,425 $4,550,536 $-2,814,392 $-54,007,920
Total Operating Income As Reported $6,681,416 $5,043,084 $-17,179,786 $-65,061,716
Net Income Common Stockholders $1,504,425 $4,550,536 $-2,814,392 $-54,007,920
Net Income $1,504,425 $4,550,536 $-2,814,392 $-54,007,920
Net Income Including Noncontrolling Interests $1,507,918 $4,552,865 $-2,812,063 $-54,009,084
Net Income Continuous Operations $1,507,918 $4,552,865 $-2,812,063 $-54,009,084
Pretax Income $3,856,544 $6,255,240 $-10,395,902 $-50,553,099
Special Income Charges $3,783,186 $10,468,095 $4,330,461 $2,637,401
Interest Income Non Operating $398,230 $702,143 $2,113,414 $102,469
Operating Income $6,681,416 $5,043,084 $-17,179,786 $-65,061,716
Depreciation Amortization Depletion Income Statement $751,048 $451,793 $132,743 $647,415
Depreciation And Amortization In Income Statement $751,048 $451,793 $132,743 $647,415
Amortization Of Intangibles Income Statement $0 $11,644 $0 $554,262
Depreciation Income Statement $751,048 $440,149 $132,743 $93,153
Gross Profit $235,307,413 $224,699,588 $180,912,907 $129,138,337
Per Share
Diluted EPS $0.03 $0.09 $-0.06 $-1.20
Basic EPS $0.03 $0.10 $-0.06 $-1.20
Other
Tax Effect Of Unusual Items $-863,531 $170,715 $1,401,141 $4,299,488
Tax Rate For Calcs $0 $0 $0 $0
Normalized EBITDA (Bullshit earnings) $10,310,899 $4,862,599 $-21,717,513 $-78,745,927
Total Unusual Items $-2,878,435 $632,278 $4,670,471 $14,331,626
Total Unusual Items Excluding Goodwill $-2,878,435 $632,278 $4,670,471 $14,331,626
Reconciled Depreciation $140,894 $170,005 $132,743 $647,415
EBITDA (Bullshit earnings) $7,432,464 $5,494,877 $-17,047,043 $-64,414,301
EBIT $6,681,416 $5,043,084 $-17,179,786 $-65,061,716
Diluted Average Shares $53,432,303 $53,643,278 $52,717,093 $52,540,705
Basic Average Shares $52,975,245 $52,960,791 $52,717,093 $52,540,705
Diluted NI Availto Com Stockholders $1,504,425 $4,550,536 $-2,814,392 $-54,007,920
Minority Interests $-3,493 $-2,329 $-2,329 $1,164
Tax Provision $2,348,626 $1,702,375 $-7,583,838 $3,455,985
Other Special Charges $-3,783,186 $-10,468,095 $-4,330,461 $-2,637,401
Gain On Sale Of Security $-6,661,621 $-9,835,818 $340,009 $11,694,225
Other Taxes $24,795,064 $23,128,785 $18,957,849 $13,424,546
Amortization $0 $11,644 $0 $554,262
Selling General And Administration $201,724,506 $194,841,646 $177,334,659 $178,894,975
Other Gand A $73,019,332 $73,308,107 $68,936,891 $57,517,468
Rent And Landing Fees $37,261 $272,473 $614,811 $612,483
Salaries And Wages $29,115,045 $21,872,381 $20,303,913 $17,816,722
Restructuring And Mergern Acquisition - - $0 $0
Fetched: 2026-08-28
Balance Sheet (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Assets
Net Tangible Assets $33,239,405 $28,028,646 $24,602,935 $28,402,423
Total Assets $94,155,802 $86,795,531 $85,932,699 $80,703,309
Total Non Current Assets $15,577,551 $13,527,015 $9,919,656 $1,144,620
Non Current Deferred Assets $12,738,706 $10,720,774 $9,522,590 $897,764
Non Current Deferred Taxes Assets $12,738,706 $10,720,774 $9,522,590 $897,764
Current Assets $78,578,251 $73,268,517 $76,013,044 $79,558,689
Prepaid Assets $1,754,774 $2,558,221 $482,068 $788,309
Receivables $7,375,408 $8,063,577 $15,358,640 $8,226,596
Other Receivables $86,167 $844,201 $-31,439 $72,194
Taxes Receivable $6,293,666 $5,996,740 $6,018,864 $3,252,212
Accounts Receivable $995,575 $1,222,636 $9,371,216 $4,902,189
Allowance For Doubtful Accounts Receivable $-115,277 $-115,277 $-115,277 $-115,277
Gross Accounts Receivable $1,110,852 $1,337,913 $9,486,493 $5,017,466
Cash Cash Equivalents And Short Term Investments $69,448,069 $62,646,718 $60,172,335 $70,543,784
Cash And Cash Equivalents $58,200,980 $46,934,096 $48,064,743 $62,654,869
Other Non Current Assets - $-1,164 - -
Goodwill And Other Intangible Assets - $0 $11,644 $11,644
Investmentin Financial Assets - - $0 $2,329
Other Intangible Assets - - $11,644 $11,644
Debt
Total Debt $4,572,660 $6,249,418 $5,944,341 $4,940,615
Long Term Debt And Capital Lease Obligation $1,880,531 $1,907,313 $0 $826,735
Current Debt And Capital Lease Obligation $2,692,129 $4,342,105 $5,944,341 $4,940,615
Current Debt $2,105,263 $3,918,258 $5,944,341 $4,940,615
Other Current Borrowings $2,105,263 $3,918,258 $5,944,341 $4,940,615
Long Term Debt - - - $826,735
Liabilities
Total Liabilities Net Minority Interest $60,739,406 $58,593,388 $61,146,951 $52,120,402
Total Non Current Liabilities Net Minority Interest $3,353,517 $6,238,938 $475,082 $2,338,146
Derivative Product Liabilities $0 $4,331,626 $475,082 $1,511,411
Non Current Deferred Liabilities $1,472,986 $0 $0 $826,735
Non Current Deferred Taxes Liabilities $1,472,986 $0 $0 $826,735
Current Liabilities $57,385,889 $52,354,450 $60,671,870 $49,782,256
Other Current Liabilities $16,429,903 $10,136,237 $8,835,585 $8,254,541
Payables And Accrued Expenses $38,263,858 $37,876,107 $45,891,944 $36,587,099
Payables $34,835,819 $34,945,274 $43,421,054 $34,404,985
Total Tax Payable $8,737,774 $6,356,544 $6,378,668 $6,702,376
Accounts Payable $26,098,045 $28,588,729 $37,042,386 $27,702,609
Equity
Common Stock Equity $33,239,405 $28,028,646 $24,614,579 $28,414,067
Total Equity Gross Minority Interest $33,416,396 $28,202,143 $24,785,748 $28,582,907
Stockholders Equity $33,239,405 $28,028,646 $24,614,579 $28,414,067
Gains Losses Not Affecting Retained Earnings $25,175,828 $21,644,155 $23,005,357 $24,195,390
Other Equity Adjustments $25,175,828 $21,644,155 $23,005,357 $24,195,390
Retained Earnings $-169,580,816 $-171,085,241 $-175,635,776 $-172,821,384
Other
Treasury Shares Number $455,289 - - -
Ordinary Shares Number $52,689,582 $52,970,629 $52,745,577 $52,540,705
Share Issued $53,144,871 $52,970,629 $52,745,577 $52,540,705
Tangible Book Value $33,239,405 $28,028,646 $24,602,935 $28,402,423
Invested Capital $35,344,668 $31,946,904 $30,558,920 $33,354,682
Working Capital $21,192,362 $20,914,067 $15,341,174 $29,776,433
Capital Lease Obligations $2,467,396 $2,331,160 $0 -
Total Capitalization $33,239,405 $28,028,646 $24,614,579 $28,414,067
Minority Interest $176,991 $173,498 $171,169 $168,840
Additional Paid In Capital $124,499,305 $124,499,305 $124,499,305 $124,499,305
Capital Stock $53,145,088 $52,970,426 $52,745,693 $52,540,756
Common Stock $53,145,088 $52,970,426 $52,745,693 $52,540,756
Long Term Capital Lease Obligation $1,880,531 $1,907,313 $0 -
Current Capital Lease Obligation $586,865 $423,847 $0 -
Current Accrued Expenses $3,428,039 $2,930,834 $2,470,890 $2,182,115
Net PPE $2,838,845 $2,806,241 $385,422 $232,883
Accumulated Depreciation $-1,427,573 $-738,239 $-370,284 $-237,541
Gross PPE $4,266,418 $3,544,481 $755,706 $470,424
Other Properties $3,225,431 $2,561,714 - $897,764
Machinery Furniture Equipment $1,040,987 $982,767 $755,706 $470,424
Other Short Term Investments $11,247,089 $15,712,623 $12,107,592 $7,888,915
Investments And Advances - - $0 $2,329
Fetched: 2026-08-28
Cash Flow Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Free Cash Flow
Free Cash Flow $19,123,196 $4,293,200 $-13,769,213 $-49,512,111
Operating Activities
Operating Cash Flow $19,222,171 $4,591,290 $-13,483,931 $-49,321,147
Cash Flow From Continuing Operating Activities $19,222,171 $4,591,290 $-13,483,931 $-49,321,147
Operating Gains Losses $6,661,621 $9,835,818 $-340,009 $-11,694,225
Investing Activities
Capital Expenditure $-98,975 $-298,090 $-285,282 $-190,964
Investing Cash Flow $-98,975 $-298,090 $-285,282 $-190,964
Cash Flow From Continuing Investing Activities $-98,975 $-298,090 $-285,282 $-190,964
Financing Activities
Repurchase Of Capital Stock $-2,746,856 $0 $0 -
Financing Cash Flow $-5,327,201 $-2,377,736 $1,548,673 $0
Cash Flow From Continuing Financing Activities $-5,327,201 $-2,377,736 $1,548,673 $0
Cash Dividends Paid $0 $0 $0 $0
Net Common Stock Issuance $-2,746,856 $0 $0 -
Net Other Financing Charges - - - -
Other
Repayment Of Debt $-2,361,435 $-2,255,473 $0 $0
End Cash Position $58,200,980 $46,934,096 $48,064,743 $62,654,869
Beginning Cash Position $46,934,096 $48,064,743 $62,654,869 $110,512,346
Effect Of Exchange Rate Changes $-2,529,110 $-3,046,111 $-2,369,586 $1,654,634
Changes In Cash $13,795,995 $1,915,463 $-12,220,541 $-49,512,111
Interest Paid Cff $-218,910 $-122,264 $0 $0
Common Stock Payments $-2,746,856 $0 $0 -
Net Issuance Payments Of Debt $-2,361,435 $-2,255,473 $1,548,673 $0
Net Short Term Debt Issuance $-1,812,995 $-2,026,083 $1,548,673 $0
Short Term Debt Payments $-1,812,995 $-2,026,083 - -
Net Long Term Debt Issuance $-548,440 $-229,390 $0 $0
Long Term Debt Payments $-548,440 $-229,390 $0 $0
Net PPE Purchase And Sale $-98,975 $-298,090 $-285,282 $-190,964
Purchase Of PPE $-98,975 $-298,090 $-285,282 $-190,964
Taxes Refund Paid $-2,969,260 $-2,437,122 $-1,420,587 $-1,025,850
Change In Working Capital $7,739,870 $-629,949 $2,368,421 $12,265,953
Change In Payables And Accrued Expense $1,588,263 $-3,117,140 $13,161,388 $16,847,928
Change In Payable $1,588,263 $-3,117,140 $13,161,388 $16,847,928
Change In Account Payable $1,588,263 $-3,117,140 $13,161,388 $16,847,928
Change In Receivables $6,151,607 $2,487,192 $-10,792,967 $-4,581,975
Changes In Account Receivables $6,151,607 $2,487,192 $-10,792,967 $-4,581,975
Other Non Cash Items $-3,226,595 $-10,766,186 $-6,443,875 $-2,987,890
Provisionand Write Offof Assets $7,019,097 $2,163,484 $2,615,277 $4,097,578
Depreciation Amortization Depletion $140,894 $170,005 $132,743 $647,415
Depreciation And Amortization $140,894 $170,005 $132,743 $647,415
Amortization Cash Flow $0 $11,644 $0 $554,262
Amortization Of Intangibles $0 $11,644 $0 $554,262
Depreciation $140,894 $158,361 $132,743 $93,153
Gain Loss On Investment Securities $808,104 $2,244,993 $-2,224,034 $-4,908,011
Net Foreign Currency Exchange Gain Loss $5,853,517 $7,590,825 $1,884,024 $-6,786,214
Net Income From Continuing Operations $3,856,544 $6,255,240 $-10,395,902 $-50,553,099
Deferred Tax - $0 $0 $-71,029
Deferred Income Tax - $0 $0 $-71,029
Issuance Of Debt - - $1,548,673 $0
Short Term Debt Issuance - - $1,548,673 $0
Net Investment Purchase And Sale - - $0 $0
Purchase Of Investment - - $0 $0
Long Term Debt Issuance - - - $0
Unrealized Gain Loss On Investment Securities - - - $-4,908,011
Fetched: 2026-08-28