Codere Online Luxembourg (CDRO) Enterprise Value (2020 - 2025)
Codere Online Luxembourg (CDRO) posted Enterprise Value of -$69.4 million for Q4 2025, down 16.08% on a QoQ basis from -$59.8 million in Q2 2025, and down 21.09% year-over-year from -$88.0 million in Q4 2024.
Codere Online Luxembourg (CDRO) Enterprise Value (2020 - 2025) Analysis & Trends
Codere Online Luxembourg's Enterprise Value history runs 6 years deep, the most recent figure standing at -$69.4 million for Q4 2025.
- Quarterly Enterprise Value fell 21.09% year-over-year to -$69.4 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$69.4 million (down 21.09% YoY) and the FY2025 annual result came in at -$67.4 million, down 16.04% from the prior year.
- Enterprise Value was -$69.4 million for Q4 2025 at Codere Online Luxembourg, down from -$59.8 million in the prior quarter.
- Across five years, Enterprise Value topped out at $8.9 million in Q2 2022 and bottomed at -$113.0 million in Q4 2021.
- A 5-year average of -$58.3 million and a median of -$59.8 million in 2025 frame the typical range for Enterprise Value.
- Annual changes were most pronounced in 2022 — Enterprise Value jumped 45.45% — and 2023, when it sank 776.07%.
- Codere Online Luxembourg's Enterprise Value stood at -$113.0 million in 2021, then soared by 45.45% to -$61.7 million in 2022, then gained by 10.09% to -$55.4 million in 2023, then retreated by 3.41% to -$57.3 million in 2024, then decreased by 21.09% to -$69.4 million in 2025.
- Business Quant data shows CDRO's Enterprise Value at -$69.4 million in Q4 2025, -$59.8 million in Q2 2025, and -$57.3 million in Q4 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Codere Online Luxembourg | 425.84 Bn | 425.77 Bn | - | -67.87 Mn |
| 2 | Flutter Entertainment | 19.13 Bn | 17.62 Bn | 1.84 Bn | -1.28 Bn |
| 3 | DraftKings | 12.12 Bn | 11.11 Bn | 696.69 Mn | -1.01 Bn |
| 4 | Super Group (SGHC) | 7.57 Bn | 7.15 Bn | - | -430.00 Mn |
| 5 | Churchill Downs | 6.27 Bn | 6.17 Bn | 464.00 Mn | -43.00 Mn |
| 6 | Rush Street Interactive | 3.15 Bn | 2.82 Bn | 132.17 Mn | -171.13 Mn |
| 7 | Brightstar Lottery | 1.94 Bn | 670.63 Mn | 297.00 Mn | -14.00 Mn |
| 8 | Accel Entertainment | 1.02 Bn | 746.37 Mn | 350.92 Mn | -270.03 Mn |
| 9 | Inspired Entertainment | 207.07 Mn | 163.57 Mn | 54.60 Mn | -43.50 Mn |
| 10 | Gambling.com | 58.26 Mn | 42.45 Mn | 39.34 Mn | -15.81 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -69.43 Mn |
| Jun 30, 2025 | -59.81 Mn |
| Dec 31, 2024 | -57.33 Mn |
| Jun 30, 2024 | -56.62 Mn |
| Dec 31, 2023 | -55.44 Mn |
| Jun 30, 2023 | -60.03 Mn |
| Dec 31, 2022 | -61.66 Mn |
| Jun 30, 2022 | 8.88 Mn |
| Dec 31, 2021 | -113.03 Mn |
| Dec 31, 2020 | -18.67 Mn |