Codere Online Luxembourg (CDRO) Net Income (2020 - 2023)
Codere Online Luxembourg's (CDRO) quarterly Net Income came in at -$283.3 million in Q4 2023, down 498.22% on a YoY basis from $71.1 million in Q4 2022, and down 498.22% quarter-over-quarter from -$47.3 million in Q4 2022.
Analysis
Codere Online Luxembourg (CDRO) Net Income (2020 - 2023) Analysis & Trends
Codere Online Luxembourg (CDRO) has reported Net Income for 4 consecutive years, with -$283.3 million the latest figure, recorded in Q4 2023.
- For the quarter ending Q4 2023, Net Income fell 498.22% year-over-year to -$283.3 million; the trailing twelve-month figure through Dec 2023 stood at -$422.0 million (changed N/A YoY), and the FY2025 full-year result was $19.0 million, up 349.9% from the prior year.
- Net Income eased to -$283.3 million in Q4 2023 per CDRO's latest filing, from -$47.3 million in the prior quarter.
- Across five years, Net Income topped out at -$15.8 million in Q4 2020 and bottomed at -$283.3 million in Q4 2023.
- Historically, Net Income has averaged -$105.5 million across 4 years, with a median of -$61.5 million in 2021.
- The sharpest annual moves came in 2022 and 2023: Net Income soared 37.36% in 2022, then tumbled 498.22% in 2023.
- Over 4 years, Net Income stood at -$15.8 million in 2020, then plunged by 378.19% to -$75.6 million in 2021, then soared by 37.36% to -$47.3 million in 2022, then sank by 498.22% to -$283.3 million in 2023.
- According to Business Quant data, Net Income over the past three periods registered -$283.3 million, -$47.3 million, and -$75.6 million for Q4 2023, Q4 2022, and Q4 2021 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Flutter Entertainment | 17.28 Bn | 15.72 Bn | 1.71 Bn | -296.00 Mn |
| 2 | DraftKings | 11.79 Bn | 10.80 Bn | 551.45 Mn | -70.06 Mn |
| 3 | Super Group (SGHC) | 6.88 Bn | 6.33 Bn | - | 213.00 Mn |
| 4 | Rush Street Interactive | 2.90 Bn | 2.56 Bn | 139.66 Mn | 29.26 Mn |
| 5 | Codere Online Luxembourg | 421.74 Mn | 352.31 Mn | - | - |
| 6 | Meridian Holdings | 173.64 Mn | 156.32 Mn | 26.85 Mn | 1.96 Mn |
| 7 | High Roller Technologies | 52.29 Mn | 49.62 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 | -283.26 Mn |
| Dec 31, 2022 | -47.35 Mn |
| Dec 31, 2021 | -75.59 Mn |
| Dec 31, 2020 | -15.81 Mn |