Codere Online Luxembourg (CDRO) Tax Provisions (2020 - 2023)
Codere Online Luxembourg's (CDRO) quarterly Tax Provisions came in at $8.4 million in Q4 2023, up 377.82% on a YoY basis from $1.8 million in Q4 2022, and up 377.82% quarter-over-quarter from -$3.0 million in Q4 2022.
Analysis
Codere Online Luxembourg (CDRO) Tax Provisions (2020 - 2023) Analysis & Trends
Codere Online Luxembourg (CDRO) has reported Tax Provisions for 4 consecutive years, with $8.4 million the latest figure, recorded in Q4 2023.
- For the quarter ending Q4 2023, Tax Provisions rose 377.82% year-over-year to $8.4 million; the trailing twelve-month figure through Dec 2023 stood at $2.5 million (changed N/A YoY), and the FY2025 full-year result was -$15.3 million, down 1066.75% from the prior year.
- Tax Provisions grew to $8.4 million in Q4 2023 per CDRO's latest filing, from -$3.0 million in the prior quarter.
- Across five years, Tax Provisions topped out at $8.4 million in Q4 2023 and bottomed at -$3.0 million in Q4 2022.
- Historically, Tax Provisions has averaged $619811.6 across 4 years, with a median of -$1.5 million in 2020.
- The sharpest annual moves came in 2022 and 2023: Tax Provisions plunged 174.02% in 2022, then soared 377.82% in 2023.
- Over 4 years, Tax Provisions stood at -$1.8 million in 2020, then surged by 38.62% to -$1.1 million in 2021, then slumped by 174.02% to -$3.0 million in 2022, then jumped by 377.82% to $8.4 million in 2023.
- According to Business Quant data, Tax Provisions over the past three periods registered $8.4 million, -$3.0 million, and -$1.1 million for Q4 2023, Q4 2022, and Q4 2021 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Flutter Entertainment | 17.27 Bn | 15.70 Bn | 1.71 Bn | -3.00 Mn |
| 2 | DraftKings | 11.76 Bn | 10.77 Bn | 551.45 Mn | -1.80 Mn |
| 3 | Super Group (SGHC) | 6.91 Bn | 6.36 Bn | - | -45.00 Mn |
| 4 | Rush Street Interactive | 2.92 Bn | 2.58 Bn | 139.66 Mn | 20.40 Mn |
| 5 | Codere Online Luxembourg | 421.28 Mn | 351.86 Mn | - | - |
| 6 | Meridian Holdings | 173.39 Mn | 156.07 Mn | 26.85 Mn | 623,120.00 |
| 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 | 8.41 Mn |
| Dec 31, 2022 | -3.03 Mn |
| Dec 31, 2021 | -1.11 Mn |
| Dec 31, 2020 | -1.80 Mn |