Codere Online Luxembourg, S.A.

NasdaqCM:CDRO Stock Report

Market Cap: US$410.8m

Codere Online Luxembourg Past Earnings Performance

Past criteria checks 1/6

Codere Online Luxembourg has been growing earnings at an average annual rate of 46.5%, while the Hospitality industry saw earnings growing at 35.4% annually. Revenues have been growing at an average rate of 23.8% per year. Codere Online Luxembourg's return on equity is 4.5%, and it has net margins of 0.6%.

Key information

46.52%

Earnings growth rate

94.68%

EPS growth rate

Hospitality Industry Growth19.52%
Revenue growth rate23.82%
Return on equity4.51%
Net Margin0.61%
Last Earnings Update31 Dec 2025

Recent past performance updates

Recent updates

Analysis Article • Sep 17

Codere Online Luxembourg, S.A.'s (NASDAQ:CDRO) Price Is Out Of Tune With Revenues

It's not a stretch to say that Codere Online Luxembourg, S.A.'s ( NASDAQ:CDRO ) price-to-sales (or "P/S") ratio of 1.4x...
Seeking Alpha • Jan 01

Codere Online: Delisting Is A Major Concern (Rating Downgrade)

Summary Marcum has resigned as Codere Online's auditor, citing IT and control deficiencies. CDRO already received a delisting notice in November, with an appeal hearing scheduled for January 16th. Even with a reasonable extension, it seems unlikely that the audit will be completed, significantly increasing the risk of delisting. Despite solid business fundamentals, the potential delisting leads me to downgrade shares to a Hold. Read the full article on Seeking Alpha
Analysis Article • Jun 21

Investor Optimism Abounds Codere Online Luxembourg, S.A. (NASDAQ:CDRO) But Growth Is Lacking

It's not a stretch to say that Codere Online Luxembourg, S.A.'s ( NASDAQ:CDRO ) price-to-sales (or "P/S") ratio of 1.2x...
Seeking Alpha • Sep 01

Codere Online Luxembourg reports Q2 results

Codere Online Luxembourg press release (NASDAQ:CDRO): Q2 Net loss was €6.7M. Revenue of €$27.4M (+36% Y/Y). Net gaming revenue was €29.2M (+41% Y/Y).

Revenue & Expenses Breakdown

How Codere Online Luxembourg makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NasdaqCM:CDRO Revenue, expenses and earnings (EUR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 252101860
30 Sep 252071870
30 Jun 252041880
31 Mar 252022870
31 Dec 242014860
30 Sep 241951850
30 Jun 24189-2840
31 Mar 24175-2800
31 Dec 23162-2760
30 Sep 23150-16810
30 Jun 23139-30870
31 Mar 23127-38880
31 Dec 22116-46890
30 Sep 22104-59760
30 Jun 2292-72630
31 Mar 2286-70570
31 Dec 2180-68490
30 Sep 2180-45100
30 Jun 2180-23430
31 Mar 2174-18370
31 Dec 2070-1600
31 Dec 1962-1600

Quality Earnings: CDRO has a large one-off gain of €3.3M impacting its last 12 months of financial results to 31st December, 2025.

Growing Profit Margin: CDRO's current net profit margins (0.6%) are lower than last year (1.9%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: CDRO has become profitable over the past 5 years, growing earnings by 46.5% per year.

Accelerating Growth: CDRO's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: CDRO had negative earnings growth (-66.9%) over the past year, making it difficult to compare to the Hospitality industry average (10.1%).

Return on Equity

High ROE: CDRO's Return on Equity (4.5%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/07 20:16
End of Day Share Price 2026/05/07 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Codere Online Luxembourg, S.A. is covered by 4 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Michael HickeyBenchmark Company
Ryan SigdahlCraig-Hallum Capital Group LLC
Michael KupinskiNOBLE Capital Markets, Inc.