Codere Online Luxembourg (CDRO) Receivables - Net (2020 - 2025)
Codere Online Luxembourg's (CDRO) quarterly Receivables - Net came in at -$71.6 million in Q4 2025, down 834.21% YoY from $9.7 million in Q4 2024, and down 767.71% on a QoQ basis from $10.7 million in Q2 2025.
Codere Online Luxembourg (CDRO) Receivables - Net (2020 - 2025) Analysis & Trends
Codere Online Luxembourg (CDRO) has 6 years of Receivables - Net data on file, last reported at -$71.6 million in Q4 2025.
- Quarterly Receivables - Net fell 834.21% year-over-year to -$71.6 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$71.6 million (down 834.21% YoY) and the FY2025 annual result came in at -$69.5 million, down 32.26% from the prior year.
- Receivables - Net fell to -$71.6 million in Q4 2025, from $10.7 million in the prior quarter.
- In the past five years, Receivables - Net ranged from a high of $14.6 million in Q4 2023 to a low of -$71.6 million in Q4 2025.
- A 5-year average of -$3.8 million and a median of $7.9 million in 2022 frame the typical range for Receivables - Net.
- Annual changes were most pronounced in 2021 — Receivables - Net jumped 241.7% — and 2025, when it tumbled 834.21%.
- Tracing CDRO's Receivables - Net over 5 years: stood at $6.7 million in 2021, then rose by 17.79% to $7.9 million in 2022, then jumped by 85.31% to $14.6 million in 2023, then sank by 33.4% to $9.7 million in 2024, then plunged by 834.21% to -$71.6 million in 2025.
- The last three Receivables - Net figures came in at -$71.6 million (Q4 2025), $10.7 million (Q2 2025), and $9.7 million (Q4 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Flutter Entertainment | 17.48 Bn | 15.91 Bn | 1.71 Bn |
| 2 | DraftKings | 12.42 Bn | 11.42 Bn | 551.45 Mn |
| 3 | Super Group (SGHC) | 6.68 Bn | 6.26 Bn | - |
| 4 | Churchill Downs | 6.51 Bn | 6.31 Bn | 712.00 Mn |
| 5 | Rush Street Interactive | 2.83 Bn | 2.49 Bn | 139.66 Mn |
| 6 | Brightstar Lottery | 2.15 Bn | 877.09 Mn | 297.00 Mn |
| 7 | Accel Entertainment | 993.49 Mn | 738.04 Mn | 115.51 Mn |
| 8 | Codere Online Luxembourg | 416.60 Mn | 347.18 Mn | - |
| 9 | Inspired Entertainment | 170.71 Mn | 146.31 Mn | 52.10 Mn |
| 10 | Grandstand | 71.71 Mn | 62.91 Mn | 31.83 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -71.57 Mn |
| Dec 31, 2025 | -71.57 Mn |
| Jun 30, 2025 | 10.72 Mn |
| Jun 30, 2025 | 10.72 Mn |
| Dec 31, 2024 | 9.75 Mn |
| Dec 31, 2024 | 9.75 Mn |
| Jun 30, 2024 | 5.55 Mn |
| Jun 30, 2024 | 5.55 Mn |
| Dec 31, 2023 | 14.64 Mn |
| Dec 31, 2023 | 14.64 Mn |
| Jun 30, 2023 | 9.32 Mn |
| Jun 30, 2023 | 9.32 Mn |
| Dec 31, 2022 | 7.90 Mn |
| Dec 31, 2022 | 7.90 Mn |
| Jun 30, 2022 | -27.07 Mn |
| Jun 30, 2022 | -27.07 Mn |
| Dec 31, 2021 | 6.71 Mn |
| Dec 31, 2021 | 6.71 Mn |
| Dec 31, 2020 | 1.96 Mn |
| Dec 31, 2020 | 1.96 Mn |