Symbols / CDRO Stock $8.84 -0.67% Codere Online Luxembourg, S.A.

Consumer Cyclical • Gambling • Luxembourg • NCM
CDRO (Stock) Chart
O: — H: — L: — C: — V: —
SMA 20: — SMA 50: — SMA 200: —
Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Consumer Cyclical
Industry Gambling
CEO Mr. Aviv Sher
Exch · Country NCM · Luxembourg
Market Cap 402.71M
Enterprise Value 361.43M
Income 1.01M
Sales 203.93M
FCF (ttm) 10.62M
Book/sh 0.53
Cash/sh 0.99
Employees 325
Insider 10d —
IPO Jan 27, 2021
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 0.00%
P/E 442.00
Forward P/E 21.00
PEG —
P/S 1.97
P/B 16.83
P/C —
EV/EBITDA 61.93
EV/Sales 1.77
Quick Ratio 1.21
Current Ratio 1.40
Debt/Eq 17.98
LT Debt/Eq —
EPS (ttm) 0.02
EPS next Y 0.42
EPS Growth —
Revenue Growth 3.20%
EPS Gr Q/Q —
Rev Gr Q/Q —
Earnings (next) 2026-05-14
Earnings (prior) 2022-09-01
ROA 5.05%
ROE 5.14%
ROIC —
Gross Margin 91.15%
Oper. Margin 2.85%
Profit Margin 0.50%
Shs Outstand 45.39M
Shs Float 14.94M
Insider Own 66.65%
Instit Own 12.25%
Short Float 2.40%
Short Ratio 25.56
Short Interest 361.18K
52W High 9.68
vs 52W High -8.68%
52W Low 5.18
vs 52W Low 70.66%
Beta 0.41
Impl. Vol. —
Rel Volume 0.37
Avg Volume 17.57K
Volume 6.42K
Target (mean) $11.00
Tgt Median $10.00
Tgt Low $9.00
Tgt High $14.00
# Analysts 3
Recom None
Prev Close $8.90
Price $8.84
Change -0.67%
About

Codere Online Luxembourg, S.A., together with its subsidiaries, operates as an online casino gaming and sports betting company in Spain, Mexico, Colombia, Panama, Argentina, 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. The company is headquartered in Luxembourg, Luxembourg.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$11.00
Mean price target
2. Current target
$8.84
Latest analyst target
3. DCF / Fair value
$4.21
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$8.84
Low
$9.00
High
$14.00
Mean
$11.00

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-03-26 main Stifel Hold → Hold $9
2026-01-30 down Stifel Buy → Hold $9
2025-11-18 main Stifel Buy → Buy $9
2024-12-30 reit Stifel Buy → Buy $10
2024-07-11 init Craig-Hallum — → Buy $10
2024-05-16 main Stifel Buy → Buy $9
2024-03-01 main Stifel Buy → Buy $8
2022-02-22 init Noble Capital Markets — → Outperform $10
2022-01-04 init Stifel — → Buy $10
News
RSS: Latest CDRO news
Insider Transactions

No recent insider transactions.

Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total Revenue
200.70
+24.16%
161.65
+39.66%
115.75
+44.23%
80.25
Operating Revenue
200.65
+24.14%
161.64
+39.65%
115.75
+44.59%
80.05
Cost Of Revenue
7.73
+23.14%
6.28
+29.65%
4.84
+20.35%
4.02
Reconciled Cost Of Revenue
7.97
+26.99%
6.28
+29.65%
4.84
+20.35%
4.02
Gross Profit
192.97
+24.20%
155.37
+40.09%
110.90
+45.49%
76.23
Operating Expense
188.64
+10.89%
170.12
+2.00%
166.78
+63.91%
101.75
Selling General And Administration
167.33
+9.87%
152.29
-0.87%
153.63
+67.37%
91.80
Selling And Marketing Expense
85.36
+13.61%
75.13
-15.03%
88.41
+83.37%
48.21
General And Administrative Expense
81.97
+6.23%
77.17
+18.31%
65.22
+49.66%
43.58
Salaries And Wages
18.78
+7.72%
17.44
+13.96%
15.30
+116.12%
7.08
Other Gand A
62.96
+6.34%
59.20
+19.85%
49.40
+37.57%
35.91
Other Operating Expenses
1.06
-25.98%
1.43
+35.22%
1.06
+33.54%
0.79
Total Expenses
196.37
+11.32%
176.40
+2.78%
171.62
+62.26%
105.77
Operating Income
4.33
+129.35%
-14.75
+73.59%
-55.88
-118.95%
-25.52
Total Operating Income As Reported
4.33
+129.35%
-14.75
+73.59%
-55.88
+21.33%
-71.03
EBITDA
4.72
+132.23%
-14.64
+73.54%
-55.32
+16.59%
-66.32
Normalized EBITDA
4.18
+122.39%
-18.65
+72.42%
-67.63
-173.04%
-24.77
Reconciled Depreciation
0.15
+28.07%
0.11
-79.50%
0.56
-22.88%
0.72
EBIT
4.33
+129.35%
-14.75
+73.59%
-55.88
+16.66%
-67.04
Total Unusual Items
0.54
-86.46%
4.01
-67.41%
12.31
+129.62%
-41.55
Total Unusual Items Excluding Goodwill
0.54
-86.46%
4.01
-67.41%
12.31
+129.62%
-41.55
Special Income Charges
8.99
+141.73%
3.72
+64.19%
2.27
+104.98%
-45.44
Other Special Charges
-8.99
-141.73%
-3.72
-64.19%
-2.27
-3135.71%
-0.07
Restructuring And Mergern Acquisition
—
0.00
0.00
-100.00%
45.51
Net Income
3.91
+261.69%
-2.42
+94.79%
-46.38
+31.86%
-68.07
Pretax Income
5.37
+160.17%
-8.93
+79.44%
-43.41
+35.25%
-67.05
Net Non Operating Interest Income Expense
0.50
-72.56%
1.81
+1094.08%
0.15
+508.00%
0.03
Interest Expense Non Operating
—
—
12.64
+210616.67%
0.01
Net Interest Income
0.50
-72.56%
1.81
+1094.08%
0.15
+508.00%
0.03
Interest Expense
—
—
12.64
+210616.67%
0.01
Interest Income Non Operating
0.60
-66.78%
1.81
+1962.50%
0.09
-98.06%
4.54
Interest Income
0.60
-66.78%
1.81
+1962.50%
0.09
-98.06%
4.54
Other Income Expense
0.54
-86.46%
4.01
-67.41%
12.31
+129.62%
-41.55
Gain On Sale Of Security
-8.45
-2992.81%
0.29
-97.09%
10.04
+158.37%
3.89
Tax Provision
1.46
+122.45%
-6.51
-319.44%
2.97
+207.25%
0.97
Tax Rate For Calcs
0.00
+8.26%
0.00
+46.71%
0.00
-31.84%
0.00
Tax Effect Of Unusual Items
0.15
-85.34%
1.00
-52.19%
2.09
+120.19%
-10.36
Net Income Including Noncontrolling Interests
3.91
+261.90%
-2.42
+94.79%
-46.38
+31.80%
-68.01
Net Income From Continuing Operation Net Minority Interest
3.91
+261.69%
-2.42
+94.79%
-46.38
+31.86%
-68.07
Net Income From Continuing And Discontinued Operation
3.91
+261.69%
-2.42
+94.79%
-46.38
+31.86%
-68.07
Net Income Continuous Operations
3.91
+261.90%
-2.42
+94.79%
-46.38
+31.80%
-68.01
Minority Interests
-0.00
+0.00%
-0.00
-300.00%
0.00
+101.85%
-0.05
Normalized Income
3.51
+164.70%
-5.43
+90.41%
-56.60
-53.47%
-36.88
Net Income Common Stockholders
3.91
+261.69%
-2.42
+94.79%
-46.38
+31.86%
-68.07
Diluted EPS
0.08
+260.00%
-0.05
+95.15%
-1.03
+89.88%
-10.18
Basic EPS
0.09
+280.00%
-0.05
+95.15%
-1.03
+89.88%
-10.18
Basic Average Shares
45.48
+0.46%
45.27
+0.34%
45.12
+574.83%
6.69
Diluted Average Shares
46.07
+1.76%
45.27
+0.34%
45.12
+574.83%
6.69
Diluted NI Availto Com Stockholders
3.91
+261.69%
-2.42
+94.79%
-46.38
+31.86%
-68.07
Amortization
0.01
0.00
-100.00%
0.48
-27.77%
0.66
Amortization Of Intangibles Income Statement
0.01
0.00
-100.00%
0.48
-27.77%
0.66
Depreciation Amortization Depletion Income Statement
0.39
+240.35%
0.11
-79.50%
0.56
-22.88%
0.72
Depreciation And Amortization In Income Statement
0.39
+240.35%
0.11
-79.50%
0.56
-22.88%
0.72
Depreciation Income Statement
0.38
+231.58%
0.11
+42.50%
0.08
+29.03%
0.06
Other Taxes
19.86
+22.00%
16.28
+41.22%
11.53
+36.60%
8.44
Rent And Landing Fees
0.23
-55.68%
0.53
+0.38%
0.53
-11.74%
0.60
Rent Expense Supplemental
0.23
-55.68%
0.53
+0.38%
0.53
-11.74%
0.60
Total Other Finance Cost
0.10
—
-0.06
-106.45%
-0.03
Line Item Trend 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total Assets
74.54
+1.00%
73.80
+6.48%
69.31
-34.16%
105.28
Current Assets
62.92
-3.61%
65.28
-4.46%
68.33
-34.72%
104.67
Cash Cash Equivalents And Short Term Investments
53.80
+4.11%
51.68
-14.70%
60.58
-38.69%
98.81
Cash And Cash Equivalents
40.31
-2.35%
41.28
-23.29%
53.81
-43.31%
94.91
Other Short Term Investments
13.49
+29.77%
10.40
+53.48%
6.78
+73.76%
3.90
Receivables
6.92
-47.50%
13.19
+86.69%
7.07
+37.91%
5.12
Accounts Receivable
1.05
-86.95%
8.05
+91.16%
4.21
+28.20%
3.28
Gross Accounts Receivable
1.15
-85.90%
8.15
+89.07%
4.31
+29.87%
3.32
Allowance For Doubtful Accounts Receivable
-0.10
+0.00%
-0.10
+0.00%
-0.10
-191.18%
-0.03
Other Receivables
0.72
+2785.19%
-0.03
-143.55%
0.06
-80.38%
0.32
Taxes Receivable
5.15
-0.37%
5.17
+85.07%
2.79
+83.39%
1.52
Prepaid Assets
2.20
+430.68%
0.41
-38.85%
0.68
-8.39%
0.74
Total Non Current Assets
11.62
+36.37%
8.52
+766.63%
0.98
+62.21%
0.61
Net PPE
2.41
+628.40%
0.33
+65.50%
0.20
+50.38%
0.13
Gross PPE
3.04
+369.03%
0.65
+60.64%
0.40
+57.20%
0.26
Accumulated Depreciation
-0.63
-99.06%
-0.32
-55.88%
-0.20
-64.52%
-0.12
Machinery Furniture Equipment
0.84
+30.05%
0.65
+60.64%
0.40
+57.20%
0.26
Other Properties
2.20
—
0.77
—
Goodwill And Other Intangible Assets
0.00
-100.00%
0.01
+0.00%
0.01
-97.87%
0.47
Other Intangible Assets
—
0.01
+0.00%
0.01
-97.87%
0.47
Investments And Advances
—
0.00
-100.00%
0.00
-50.00%
0.00
Non Current Deferred Assets
9.21
+12.58%
8.18
+960.70%
0.77
—
Non Current Deferred Taxes Assets
9.21
+12.58%
8.18
+960.70%
0.77
—
Other Non Current Assets
-0.00
—
—
—
Total Liabilities Net Minority Interest
50.32
-4.18%
52.51
+17.32%
44.76
+20.58%
37.12
Current Liabilities
44.96
-13.71%
52.10
+21.87%
42.75
+35.26%
31.61
Payables And Accrued Expenses
32.53
-17.47%
39.41
+25.43%
31.42
+32.84%
23.65
Payables
30.01
-19.52%
37.29
+26.21%
29.55
+33.17%
22.19
Accounts Payable
24.55
-22.82%
31.81
+33.71%
23.79
+20.85%
19.69
Current Accrued Expenses
2.52
+18.61%
2.12
+13.23%
1.87
+27.83%
1.47
Total Tax Payable
5.46
-0.35%
5.48
-4.83%
5.76
+130.15%
2.50
Current Debt And Capital Lease Obligation
3.73
-26.95%
5.11
+20.32%
4.24
+42.19%
2.98
Current Debt
3.37
-34.08%
5.11
+20.32%
4.24
+42.19%
2.98
Other Current Borrowings
3.37
-34.08%
5.11
+20.32%
4.24
+42.19%
2.98
Current Capital Lease Obligation
0.36
0.00
—
0.00
Other Current Liabilities
8.71
+14.72%
7.59
+7.04%
7.09
+42.64%
4.97
Total Non Current Liabilities Net Minority Interest
5.36
+1213.24%
0.41
-79.68%
2.01
-63.58%
5.51
Long Term Debt And Capital Lease Obligation
1.64
0.00
-100.00%
0.71
—
Long Term Debt
—
—
0.71
—
Long Term Capital Lease Obligation
1.64
0.00
—
—
Non Current Deferred Liabilities
—
0.00
-100.00%
0.71
—
Non Current Deferred Taxes Liabilities
—
0.00
-100.00%
0.71
—
Stockholders Equity
24.07
+13.87%
21.14
-13.37%
24.40
-64.12%
68.01
Common Stock Equity
24.07
+13.87%
21.14
-13.37%
24.40
-64.12%
68.01
Capital Stock
45.49
+0.43%
45.30
+0.39%
45.12
+0.00%
45.12
Common Stock
45.49
+0.43%
45.30
+0.39%
45.12
+0.00%
45.12
Share Issued
45.49
+0.43%
45.30
+0.39%
45.12
+0.00%
45.12
Ordinary Shares Number
45.49
+0.43%
45.30
+0.39%
45.12
+0.00%
45.12
Additional Paid In Capital
106.92
+0.00%
106.92
+0.00%
106.92
+0.00%
106.92
Retained Earnings
-146.93
+2.59%
-150.84
-1.63%
-148.42
-45.46%
-102.04
Gains Losses Not Affecting Retained Earnings
18.59
-5.92%
19.76
-4.92%
20.78
+15.42%
18.00
Minority Interest
0.15
+1.36%
0.15
+1.38%
0.14
-0.68%
0.15
Other Equity Adjustments
18.59
-5.92%
19.76
-4.92%
20.78
+15.42%
18.00
Total Equity Gross Minority Interest
24.22
+13.78%
21.29
-13.28%
24.55
-63.98%
68.15
Total Capitalization
24.07
+13.87%
21.14
-13.37%
24.40
-64.12%
68.01
Working Capital
17.96
+36.33%
13.18
-48.48%
25.57
-65.00%
73.06
Invested Capital
27.44
+4.54%
26.24
-8.38%
28.64
-59.65%
70.99
Total Debt
5.37
+5.13%
5.11
+20.32%
4.24
+42.19%
2.98
Capital Lease Obligations
2.00
0.00
—
0.00
Net Tangible Assets
24.07
+13.92%
21.13
-13.38%
24.39
-63.88%
67.54
Tangible Book Value
24.07
+13.92%
21.13
-13.38%
24.39
-63.88%
67.54
Derivative Product Liabilities
3.72
+811.76%
0.41
-68.57%
1.30
-76.46%
5.51
Investmentin Financial Assets
—
0.00
-100.00%
0.00
-50.00%
0.00
Line Item Trend 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Operating Cash Flow
3.94
+134.05%
-11.58
+72.66%
-42.36
-647.43%
-5.67
Cash Flow From Continuing Operating Activities
3.94
+134.05%
-11.58
+72.66%
-42.36
-647.43%
-5.67
Net Income From Continuing Operations
5.37
+160.17%
-8.93
+79.44%
-43.41
+35.25%
-67.05
Depreciation Amortization Depletion
0.15
+28.07%
0.11
-79.50%
0.56
-22.88%
0.72
Depreciation
0.14
+19.30%
0.11
+42.50%
0.08
+29.03%
0.06
Amortization Cash Flow
0.01
0.00
-100.00%
0.48
-27.77%
0.66
Depreciation And Amortization
0.15
+28.07%
0.11
-79.50%
0.56
-22.88%
0.72
Amortization Of Intangibles
0.01
0.00
-100.00%
0.48
-27.77%
0.66
Other Non Cash Items
-9.25
-67.08%
-5.53
-115.67%
-2.57
-5802.22%
0.04
Provisionand Write Offof Assets
1.86
-17.28%
2.25
-36.18%
3.52
+4339.76%
-0.08
Deferred Tax
0.00
0.00
+100.00%
-0.06
0.00
Deferred Income Tax
0.00
0.00
+100.00%
-0.06
0.00
Operating Gains Losses
8.45
+2992.81%
-0.29
+97.09%
-10.04
-125.22%
39.82
Gain Loss On Investment Securities
1.93
+200.94%
-1.91
+54.69%
-4.21
-207.06%
3.94
Unrealized Gain Loss On Investment Securities
—
—
-4.21
-207.06%
3.94
Net Foreign Currency Exchange Gain Loss
6.52
+302.90%
1.62
+127.76%
-5.83
-11756.00%
0.05
Change In Working Capital
-0.54
-126.60%
2.03
-80.69%
10.53
-50.18%
21.14
Change In Receivables
2.14
+123.04%
-9.27
-135.55%
-3.94
-138.13%
10.32
Changes In Account Receivables
2.14
+123.04%
-9.27
-135.55%
-3.94
-138.13%
10.32
Change In Payables And Accrued Expense
-2.68
-123.68%
11.30
-21.88%
14.47
+33.68%
10.82
Change In Payable
-2.68
-123.68%
11.30
-21.88%
14.47
+33.68%
10.82
Change In Account Payable
-2.68
-123.68%
11.30
-21.88%
14.47
+33.68%
10.82
Investing Cash Flow
-0.26
-4.49%
-0.24
-49.39%
-0.16
-97.59%
-0.08
Cash Flow From Continuing Investing Activities
-0.26
-4.49%
-0.24
-49.39%
-0.16
-97.59%
-0.08
Net PPE Purchase And Sale
-0.26
-4.49%
-0.24
-49.39%
-0.16
-105.00%
-0.08
Purchase Of PPE
-0.26
-4.49%
-0.24
-49.39%
-0.16
-105.00%
-0.08
Capital Expenditure
-0.26
-4.49%
-0.24
-49.39%
-0.16
-105.00%
-0.08
Net Investment Purchase And Sale
—
0.00
0.00
+100.00%
-0.00
Purchase Of Investment
—
0.00
0.00
+100.00%
-0.00
Financing Cash Flow
-2.04
-253.53%
1.33
0.00
-100.00%
89.81
Cash Flow From Continuing Financing Activities
-2.04
-253.53%
1.33
0.00
-100.00%
89.81
Net Issuance Payments Of Debt
-1.94
-245.64%
1.33
0.00
-100.00%
0.44
Issuance Of Debt
—
1.33
0.00
-100.00%
0.45
Repayment Of Debt
-1.94
0.00
0.00
+100.00%
-0.01
Long Term Debt Issuance
—
—
0.00
-100.00%
0.45
Long Term Debt Payments
-0.20
0.00
0.00
+100.00%
-0.01
Net Long Term Debt Issuance
-0.20
0.00
0.00
+100.00%
-0.01
Short Term Debt Issuance
—
1.33
0.00
-100.00%
0.45
Short Term Debt Payments
-1.74
—
—
—
Net Short Term Debt Issuance
-1.74
-230.83%
1.33
0.00
-100.00%
0.45
Cash Dividends Paid
0.00
0.00
0.00
—
Net Other Financing Charges
—
—
—
89.37
Changes In Cash
1.65
+115.67%
-10.49
+75.32%
-42.52
-150.59%
84.06
Effect Of Exchange Rate Changes
-2.62
-28.55%
-2.04
-243.21%
1.42
+2942.00%
-0.05
Beginning Cash Position
41.28
-23.29%
53.81
-43.31%
94.91
+770.64%
10.90
End Cash Position
40.31
-2.35%
41.28
-23.29%
53.81
-43.31%
94.91
Free Cash Flow
3.69
+131.18%
-11.82
+72.19%
-42.52
-639.88%
-5.75
Interest Paid CFF
-0.10
0.00
0.00
—
Taxes Refund Paid
-2.09
-71.56%
-1.22
-38.48%
-0.88
-226.30%
-0.27
SEC Filings

No SEC filings found for this symbol (may be non-US or ticker not in SEC index).

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