Codere Online Luxembourg (CDRO) EBITDA (2020 - 2023)
Codere Online Luxembourg's (CDRO) quarterly EBITDA 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) EBITDA (2020 - 2023) Analysis & Trends
Codere Online Luxembourg (CDRO) has reported EBITDA for 4 consecutive years, with -$15.9 million the latest figure, recorded in Q4 2023.
- For the quarter ending Q4 2023, EBITDA 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 -$15.3 million, down 231.76% from the prior year.
- EBITDA advanced to -$15.9 million in Q4 2023 per CDRO's latest filing, from -$57.0 million in the prior quarter.
- Across five years, EBITDA topped out at -$15.9 million in Q4 2023 and bottomed at -$81.3 million in Q4 2021.
- Historically, EBITDA 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: EBITDA slumped 378.28% in 2021, then soared 72.15% in 2023.
- Over 4 years, EBITDA 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, EBITDA 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) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Flutter Entertainment | 17.32 Bn | 15.76 Bn | 1.71 Bn | -144.00 Mn |
| 2 | DraftKings | 11.73 Bn | 10.74 Bn | 551.45 Mn | -68.17 Mn |
| 3 | Super Group (SGHC) | 7.05 Bn | 6.50 Bn | - | 204.00 Mn |
| 4 | Rush Street Interactive | 2.98 Bn | 2.64 Bn | 139.66 Mn | 46.63 Mn |
| 5 | Codere Online Luxembourg | 418.56 Mn | 349.13 Mn | - | - |
| 6 | Meridian Holdings | 168.45 Mn | 151.13 Mn | 26.85 Mn | 2.44 Mn |
| 7 | High Roller Technologies | 54.19 Mn | 51.53 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
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | -15.87 Mn |
| Dec 31, 2022 | -57.01 Mn |
| Dec 31, 2021 | -81.26 Mn |
| Dec 31, 2020 | -16.99 Mn |