Codere Online Luxembourg CDRO
NASDAQ CDRO
$9.26 +0.08 (+0.87%)
As of: Sep 10, 2026 · 1:40 PM EDT

Codere Online Luxembourg (CDRO) EBIT (2020 - 2023)

Codere Online Luxembourg's (CDRO) quarterly EBIT came in at -$15.9 million in Q4 2023, up 72.15% on a YoY basis from -$9.2 million in Q4 2022, and up 72.15% quarter-over-quarter from -$57.0 million in Q4 2022.

Analysis

Codere Online Luxembourg (CDRO) EBIT (2020 - 2023) Analysis & Trends

Codere Online Luxembourg (CDRO) has reported EBIT for 4 consecutive years, with -$15.9 million the latest figure, recorded in Q4 2023.

  • For the quarter ending Q4 2023, EBIT rose 72.15% year-over-year to -$15.9 million; the trailing twelve-month figure through Dec 2023 stood at -$171.1 million (changed N/A YoY), and the FY2025 full-year result was $8.3 million, down 28.8% from the prior year.
  • EBIT advanced to -$15.9 million in Q4 2023 per CDRO's latest filing, from -$57.0 million in the prior quarter.
  • Across five years, EBIT topped out at -$15.9 million in Q4 2023 and bottomed at -$81.3 million in Q4 2021.
  • Historically, EBIT has averaged -$42.8 million across 4 years, with a median of -$37.0 million in 2020.
  • The sharpest annual moves came in 2021 and 2023: EBIT slumped 378.28% in 2021, then soared 72.15% in 2023.
  • Over 4 years, EBIT stood at -$17.0 million in 2020, then plunged by 378.28% to -$81.3 million in 2021, then increased by 29.84% to -$57.0 million in 2022, then jumped by 72.15% to -$15.9 million in 2023.
  • According to Business Quant data, EBIT over the past three periods registered -$15.9 million, -$57.0 million, and -$81.3 million for Q4 2023, Q4 2022, and Q4 2021 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT (Qtr)
1 Flutter Entertainment 17.22 Bn 15.66 Bn 1.71 Bn -144.00 Mn
2 DraftKings 11.74 Bn 10.75 Bn 551.45 Mn -68.17 Mn
3 Super Group (SGHC) 6.91 Bn 6.36 Bn - 160.00 Mn
4 Rush Street Interactive 2.92 Bn 2.58 Bn 139.66 Mn 46.23 Mn
5 Codere Online Luxembourg 421.74 Mn 352.31 Mn - -
6 Meridian Holdings 173.39 Mn 156.07 Mn 26.85 Mn 2.44 Mn
7 High Roller Technologies 52.50 Mn 49.84 Mn - -
8 VIP Play 24.98 Mn 24.89 Mn -313,000.00 -2.41 Mn
9 Apple iSports 16.64 Mn 16.64 Mn - -437,119.00
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2023 -15.87 Mn
Dec 31, 2022 -57.01 Mn
Dec 31, 2021 -81.26 Mn
Dec 31, 2020 -16.99 Mn