Codere Online Luxembourg CDRO
NASDAQ CDRO
$9.18 +0.00 (+0.00%)
At close: Sep 9, 2026 · 4:00 PM EDT

Codere Online Luxembourg (CDRO) Tax Rate (2020 - 2023)

Codere Online Luxembourg's (CDRO) quarterly Tax Rate came in at 3.06% in Q4 2023, down 907.0% on a YoY basis from 0.38% in Q4 2022, and down 150.92% quarter-over-quarter from 6.01% in Q4 2022.

Analysis

Codere Online Luxembourg (CDRO) Tax Rate (2020 - 2023) Analysis & Trends

Codere Online Luxembourg (CDRO) has reported Tax Rate for 4 consecutive years, with 3.06% the latest figure, recorded in Q4 2023.

  • For the quarter ending Q4 2023, Tax Rate fell 907.0% year-over-year to 3.06%; the trailing twelve-month figure through Dec 2023 stood at 0.59% (changed N/A YoY), and the FY2025 full-year result was 408.82%, down 43603.0% from the prior year.
  • Tax Rate eased to 3.06% in Q4 2023 per CDRO's latest filing, from 6.01% in the prior quarter.
  • Across five years, Tax Rate topped out at 10.22% in Q4 2020 and bottomed at 3.06% in Q4 2023.
  • Historically, Tax Rate has averaged 3.65% across 4 years, with a median of 3.73% in 2021.
  • The sharpest annual moves came in 2022 and 2023: Tax Rate soared 457 bps in 2022, then plunged 907 bps in 2023.
  • Over 4 years, Tax Rate stood at 10.22% in 2020, then tumbled by 86 bps to 1.44% in 2021, then jumped by 317 bps to 6.01% in 2022, then plunged by 151 bps to 3.06% in 2023.
  • According to Business Quant data, Tax Rate over the past three periods registered 3.06%, 6.01%, and 1.44% for Q4 2023, Q4 2022, and Q4 2021 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 DraftKings 21.34 Bn 20.35 Bn 551.45 Mn 2.50%
2 Flutter Entertainment 17.38 Bn 16.20 Bn 1.71 Bn 1.00%
3 Super Group (SGHC) 7.08 Bn 6.53 Bn - -26.79%
4 Rush Street Interactive 6.18 Bn 6.00 Bn 139.66 Mn 41.08%
5 Codere Online Luxembourg 412.23 Mn 342.98 Mn - -
6 Meridian Holdings 171.67 Mn 155.85 Mn 26.85 Mn 24.11%
7 High Roller Technologies 54.90 Mn 52.24 Mn - -
8 VIP Play 24.98 Mn 24.89 Mn -313,000.00 -
9 Apple iSports 16.64 Mn 16.64 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2023 -3.06%
Dec 31, 2022 6.01%
Dec 31, 2021 1.44%
Dec 31, 2020 10.22%