Codere Online Luxembourg, S.A. - Understand $cdro stock

$CDRO Market Cap: $357.9 Million

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$194.8M

TTM

Gross Margin

84.74%

TTM

Net Earnings

-$82.74M

TTM

Current Assets

$63.81M

Q2 2023

Current Liabilities

$42.48M

Q2 2023

Current Ratio

150.22%

Q2 2023

Total Assets

$65.09M

Q2 2023

Total Liabilities

$43.57M

Q2 2023

Book Value

$21.52M

Q2 2023

Cash

$45.38M

Q2 2023

P/E

-4.325

Nov 29, 2024 EST

Free Cash Flow

-$16.74M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2022	2021	2020	2019	2018
Revenue	$115.7M	$80.25M	$70.50M	$61.58M	$61.58M
YoY Change	44.23%	13.84%	14.47%	0.0%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2022	2021	2020	2019	2018
Revenue	$115.7M	$80.25M	$70.50M	$61.58M	$61.58M
Cost Of Revenue	$16.37M	$12.46M	$13.12M	$9.643M	$9.643M
Gross Profit	$99.38M	$67.79M	$57.38M	$51.94M	$51.94M
Gross Profit Margin	85.86%	84.47%	81.39%	84.34%	84.34%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2022	2021	2020	2019	2018
Selling, General & Admin	$154.2M	$91.99M	$70.12M	$66.14M	$66.14M
YoY Change	67.59%	31.2%	6.02%	0.0%
% of Gross Profit	155.14%	135.7%	122.21%	127.33%	127.33%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$556.0K	$721.0K	$931.0K	$1.194M	$1.194M
YoY Change	-22.88%	-22.56%	-22.03%	0.0%
% of Gross Profit	0.56%	1.06%	1.62%	2.3%	2.3%
Operating Expenses	$154.7M	$92.71M	$71.05M	$67.33M	$67.33M
YoY Change	66.88%	30.49%	5.53%	0.0%
Operating Profit	-$55.35M	-$24.92M	-$13.67M	-$15.39M	-$15.39M
YoY Change	122.07%	82.27%	-11.14%	0.0%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2022	2021	2020	2019	2018
Interest Expense	$12.46M	$3.982M	-$520.0K	-$269.0K	-$269.0K
YoY Change	212.91%	-865.77%	93.31%	0.0%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2022	2021	2020	2019	2018
Pretax Income	-$43.42M	-$67.05M	-$14.77M	-$16.15M	-$16.15M
YoY Change	-35.25%	353.97%	-8.53%	0.0%
Income Tax	$2.968M	$966.0K	$1.510M	-$53.00K	-$53.00K
% Of Pretax Income
Net Earnings	-€46.38M	-$68.07M	-$16.27M	-$16.19M	-$16.19M
YoY Change	-31.86%	318.26%	0.51%	0.0%
Net Earnings / Revenue	-40.07%	-84.82%	-23.08%	-26.29%	-26.29%
Basic Earnings Per Share
Diluted Earnings Per Share	-$1.03	-$1.509M	-$360.7K	-$358.8K	-$358.8K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2022	2021	2020	2019	2018
Cash & Short-Term Investments	$60.58M	$98.81M	$15.66M	$12.39M	$12.39M
YoY Change	-38.69%	531.03%	26.36%	0.0%
Cash & Equivalents	$53.81M	$94.91M	$10.90M	$8.018M	$8.018M
Short-Term Investments	$6.775M	$3.899M	$4.757M	$4.374M	$4.374M
Other Short-Term Assets	$677.0K	$739.0K	$254.0K	$231.0K	$231.0K
YoY Change	-8.39%	190.94%	9.96%	0.0%
Inventory
Prepaid Expenses
Receivables	$4.210M	$3.284M	$835.0K	$29.19M	$29.19M
Other Receivables	$2.855M	$1.839M	$557.0K	$315.0K	$315.0K
Total Short-Term Assets	$68.33M	$104.7M	$17.30M	$42.12M	$42.12M
YoY Change	-34.72%	504.88%	-58.92%	0.0%
Property, Plant & Equipment	$200.0K	$133.0K	$107.0K	$92.00K	$92.00K
YoY Change	50.38%	24.3%	16.3%	0.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$773.0K	$4.000K	$0.00	$0.00
YoY Change	19225.0%
Total Long-Term Assets	$983.0K	$606.0K	$1.244M	$2.103M	$2.103M
YoY Change	62.21%	-51.29%	-40.85%	0.0%
Total Assets	$69.31M	$105.3M	$18.55M	$44.23M	$44.23M
YoY Change
Accounts Payable	$23.79M	$19.69M	$13.02M	$18.52M	$18.52M
YoY Change	20.85%	51.24%	-29.7%	0.0%
Accrued Expenses	$0.00	$1.466M	$329.0K	$325.0K	$325.0K
YoY Change	-100.0%	345.59%	1.23%	0.0%
Deferred Revenue
YoY Change
Short-Term Debt	$4.243M	$2.984M	$17.78M	$30.24M	$30.24M
YoY Change	42.19%	-83.21%	-41.21%	0.0%
Long-Term Debt Due		$0.00	$9.000K	$0.00	$0.00
YoY Change		-100.0%
Total Short-Term Liabilities	$42.75M	$31.61M	$37.03M	$54.12M	$54.12M
YoY Change	35.26%	-14.65%	-31.57%	0.0%
Long-Term Debt	$1.298M	$0.00	$21.44M	$21.44M	$21.44M
YoY Change		-100.0%	0.0%	0.0%
Other Long-Term Liabilities		$5.513M	$0.00	$0.00
YoY Change
Total Long-Term Liabilities	$1.298M	$5.513M	$21.44M	$21.44M	$21.44M
YoY Change	-76.46%	-74.29%	0.0%	0.0%
Total Liabilities	$44.91M	$37.27M	$58.57M	$75.66M	$75.66M
YoY Change	20.5%	-36.37%	-22.59%	0.0%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2022	2021	2020	2019	2018
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $357.85 Million

About Codere Online Luxembourg, S.A.

Codere Online Luxembourg SA provides online sports betting and online casino services. The firm offers Online Sports Betting and Online Casino through its state-of-the art website and Mobile Application. The company operates in markets of Spain, Italy, Mexico, Colombia, Panama and the City of Buenos Aires (Argentina). The firm offers online Channels include Omnichannel and Pure Online. Its products include Sports Betting and Casino. The firm is also the official betting partner of Real Madrid in Latin America, River Plate in Argentina and Monterrey Rayados in Mexico.

Industry: Services-Miscellaneous Amusement & Recreation Peers: