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
DateValue
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