Codere Online Luxembourg (CDRO) Receivables (2020 - 2025)
Codere Online Luxembourg's (CDRO) quarterly Receivables came in at -$71.6 million in Q4 2025, down 780.15% on a YoY basis from $10.5 million in Q4 2024, and down 1213.91% quarter-over-quarter from $6.4 million in Q2 2025.
Analysis
Codere Online Luxembourg (CDRO) Receivables (2020 - 2025) Analysis & Trends
Codere Online Luxembourg (CDRO) has reported Receivables for 6 consecutive years, with -$71.6 million the latest figure, recorded in Q4 2025.
- For the quarter ending Q4 2025, Receivables fell 780.15% year-over-year to -$71.6 million; the trailing twelve-month figure through Dec 2025 stood at -$71.6 million (down 780.15% YoY), and the FY2025 full-year result was -$69.5 million, down 751.77% from the prior year.
- Receivables eased to -$71.6 million in Q4 2025 per CDRO's latest filing, from $6.4 million in the prior quarter.
- Across five years, Receivables topped out at $10.5 million in Q4 2024 and bottomed at -$71.6 million in Q4 2025.
- Historically, Receivables has averaged -$6.0 million across 5 years, with a median of $3.5 million in 2022.
- The sharpest annual moves came in 2024 and 2025: Receivables soared 564.39% in 2024, then slumped 780.15% in 2025.
- Over 5 years, Receivables stood at $2.6 million in 2021, then surged by 36.0% to $3.5 million in 2022, then tumbled by 54.6% to $1.6 million in 2023, then soared by 564.39% to $10.5 million in 2024, then slumped by 780.15% to -$71.6 million in 2025.
- According to Business Quant data, Receivables over the past three periods registered -$71.6 million, $6.4 million, and $10.5 million for Q4 2025, Q2 2025, and Q4 2024 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Flutter Entertainment | 17.19 Bn | 15.63 Bn | 1.71 Bn | 292.00 Mn |
| 2 | DraftKings | 11.70 Bn | 10.71 Bn | 551.45 Mn | 82.10 Mn |
| 3 | Super Group (SGHC) | 6.90 Bn | 6.35 Bn | - | 198.00 Mn |
| 4 | Rush Street Interactive | 2.90 Bn | 2.56 Bn | 139.66 Mn | 40.50 Mn |
| 5 | Codere Online Luxembourg | 423.10 Mn | 353.68 Mn | - | -71.57 Mn |
| 6 | Meridian Holdings | 170.47 Mn | 153.15 Mn | 26.85 Mn | 9.25 Mn |
| 7 | High Roller Technologies | 52.54 Mn | 49.88 Mn | - | - |
| 8 | VIP Play | 24.98 Mn | 24.89 Mn | -313,000.00 | 806,000.00 |
| 9 | Apple iSports | 16.64 Mn | 16.64 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | -71.57 Mn |
| Jun 30, 2025 | 6.43 Mn |
| Dec 31, 2024 | 10.52 Mn |
| Jun 30, 2024 | 10.20 Mn |
| Dec 31, 2023 | 1.58 Mn |
| Jun 30, 2023 | 10.22 Mn |
| Dec 31, 2022 | 3.49 Mn |
| Jun 30, 2022 | -27.07 Mn |
| Dec 31, 2021 | 2.56 Mn |
| Dec 31, 2020 | 1.40 Mn |