Codere Online Luxembourg (CDRO) Operating Interest Expenses (2020 - 2023)
Codere Online Luxembourg's (CDRO) quarterly Operating Interest Expenses came in at -$296.3 million in Q4 2023, down 406.16% on a YoY basis from $96.8 million in Q4 2022, and down 406.16% quarter-over-quarter from -$58.5 million in Q4 2022.
Analysis
Codere Online Luxembourg (CDRO) Operating Interest Expenses (2020 - 2023) Analysis & Trends
Codere Online Luxembourg (CDRO) has reported Operating Interest Expenses for 4 consecutive years, with -$296.3 million the latest figure, recorded in Q4 2023.
- For the quarter ending Q4 2023, Operating Interest Expenses fell 406.16% year-over-year to -$296.3 million; the trailing twelve-month figure through Dec 2023 stood at -$367.9 million (changed N/A YoY), and the FY2022 full-year result was -$60.5 million, down 379.93% from the prior year.
- Operating Interest Expenses slipped to -$296.3 million in Q4 2023 per CDRO's latest filing, from -$58.5 million in the prior quarter.
- Across five years, Operating Interest Expenses topped out at -$829833.7 in Q4 2020 and bottomed at -$296.3 million in Q4 2023.
- Historically, Operating Interest Expenses has averaged -$92.0 million across 4 years, with a median of -$35.4 million in 2022.
- The sharpest annual moves came in 2021 and 2022: Operating Interest Expenses tumbled 1368.02% in 2021, then sank 380.6% in 2022.
- Over 4 years, Operating Interest Expenses stood at -$829833.7 in 2020, then sank by 1368.02% to -$12.2 million in 2021, then tumbled by 380.6% to -$58.5 million in 2022, then slumped by 406.16% to -$296.3 million in 2023.
- According to Business Quant data, Operating Interest Expenses over the past three periods registered -$296.3 million, -$58.5 million, and -$12.2 million for Q4 2023, Q4 2022, and Q4 2021 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Interest Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Flutter Entertainment | 17.22 Bn | 15.66 Bn | 1.71 Bn | - |
| 2 | DraftKings | 11.74 Bn | 10.75 Bn | 551.45 Mn | - |
| 3 | Super Group (SGHC) | 6.91 Bn | 6.36 Bn | - | - |
| 4 | Rush Street Interactive | 2.92 Bn | 2.58 Bn | 139.66 Mn | - |
| 5 | Codere Online Luxembourg | 421.74 Mn | 352.31 Mn | - | - |
| 6 | Meridian Holdings | 173.39 Mn | 156.07 Mn | 26.85 Mn | - |
| 7 | High Roller Technologies | 52.50 Mn | 49.84 Mn | - | - |
| 8 | VIP Play | 24.98 Mn | 24.89 Mn | -313,000.00 | - |
| 9 | Apple iSports | 16.64 Mn | 16.64 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | -296.34 Mn |
| Dec 31, 2022 | -58.55 Mn |
| Dec 31, 2021 | -12.18 Mn |
| Dec 31, 2020 | -829,833.74 |