Codere Online Luxembourg (CDRO) EBT (2020 - 2023)
Codere Online Luxembourg's (CDRO) quarterly EBT came in at -$274.8 million in Q4 2023, down 445.56% on a YoY basis from $79.5 million in Q4 2022, and down 445.56% quarter-over-quarter from -$50.4 million in Q4 2022.
Analysis
Codere Online Luxembourg (CDRO) EBT (2020 - 2023) Analysis & Trends
Codere Online Luxembourg (CDRO) has reported EBT for 4 consecutive years, with -$274.8 million the latest figure, recorded in Q4 2023.
- For the quarter ending Q4 2023, EBT fell 445.56% year-over-year to -$274.8 million; the trailing twelve-month figure through Dec 2023 stood at -$419.5 million (changed N/A YoY), and the FY2025 full-year result was $3.7 million, down 35.64% from the prior year.
- EBT fell to -$274.8 million in Q4 2023 per CDRO's latest filing, from -$50.4 million in the prior quarter.
- Across five years, EBT topped out at -$17.6 million in Q4 2020 and bottomed at -$274.8 million in Q4 2023.
- Historically, EBT has averaged -$104.9 million across 4 years, with a median of -$63.5 million in 2021.
- The sharpest annual moves came in 2022 and 2023: EBT soared 34.32% in 2022, then tumbled 445.56% in 2023.
- Over 4 years, EBT stood at -$17.6 million in 2020, then plunged by 335.57% to -$76.7 million in 2021, then jumped by 34.32% to -$50.4 million in 2022, then sank by 445.56% to -$274.8 million in 2023.
- According to Business Quant data, EBT over the past three periods registered -$274.8 million, -$50.4 million, and -$76.7 million for Q4 2023, Q4 2022, and Q4 2021 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Flutter Entertainment | 17.23 Bn | 15.67 Bn | 1.71 Bn | -299.00 Mn |
| 2 | DraftKings | 11.67 Bn | 10.68 Bn | 551.45 Mn | -71.86 Mn |
| 3 | Super Group (SGHC) | 6.92 Bn | 6.37 Bn | - | 168.00 Mn |
| 4 | Rush Street Interactive | 2.94 Bn | 2.60 Bn | 139.66 Mn | 49.66 Mn |
| 5 | Codere Online Luxembourg | 421.28 Mn | 351.86 Mn | - | - |
| 6 | Meridian Holdings | 171.11 Mn | 153.79 Mn | 26.85 Mn | 2.58 Mn |
| 7 | High Roller Technologies | 52.16 Mn | 49.50 Mn | - | - |
| 8 | VIP Play | 24.98 Mn | 24.89 Mn | -313,000.00 | -3.24 Mn |
| 9 | Apple iSports | 16.64 Mn | 16.64 Mn | - | -385,221.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | -274.84 Mn |
| Dec 31, 2022 | -50.38 Mn |
| Dec 31, 2021 | -76.70 Mn |
| Dec 31, 2020 | -17.61 Mn |