Saturday 17 October 2026 Export CDRO’s income statement to Excel — free account

Codere Online Luxembourg, S.A.

Codere Online Luxembourg, S.A.’s revenue for fiscal 2025 (year ended December 2025) was $238.1 million, up 9.61% from fiscal 2024. Revenue growth for five consecutive years, operating cash flow growth for three.

9.45 0.18 −1.87%

Follow CDRO

Alert me

Market cap: $437.9M
P/E: 0.0×
Fwd P/E: —
Dividend yield: —
F-score: 5/9
Altman Z: 4.30
Beneish M: −3.43
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 0.21

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	5	—	—	1	—

Insider Ownership 66.97%

Capital & Financial Ratios $m

Market Cap 437.87

Revenue 186.40

Net Income 8.15

Free Cash Flow 33.05

Net Debt (84.50)

Current Ratio 1.47

Debt/Equity 0.00

P/E ratio 0.00

Fwd P/E —

P/S ratio 0.00

P/B ratio 0.00

Past 5Y EPS Growth —

This Y EPS Growth 3,245.94%

Next Y EPS Growth 69.84%

Next Y revenue growth 21.49%

Next 5Y EPS Growth 31.80%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	56	58	67	85
Receivables	15	10	9	14
Inventory	—	—	—	—
Other	—	—	—	—
	71	68	76	98

	2023	2024	2025	Q'26
Payables	51	45	53	63
ST’ Debt	6	4	2	—
Other	—	—	—	—
	56	49	56	67

Compound Annual Growth %

	10y	5y	3y
Sales	—	24.26%	24.97%
Cash Flow	—	0.00%	0.00%
Earnings	—	0.00%	0.00%
Book Value	—	0.00%	7.63%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	—	—	—	—	—
’25	—	—	—	—	238
’24	—	—	—	—	217
’23	—	—	—	—	175
’22	—	—	—	—	122
’21	—	—	—	—	95
’20	—	—	—	—	80

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	—	—	—	—	—
’25	—	11	—	19	19
’24	—	0	—	4	4
’23	—	—	—	—	(13)
’22	—	—	—	—	(45)
’21	—	—	—	0	(1)
’21	0	0	0	—	(1)

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	—	—	—	—	—
’25	—	11	—	19	19
’24	—	0	—	4	4
’23	—	0	—	0	(13)
’22	—	—	—	—	(45)
’21	—	—	—	0	(1)
’21	0	0	0	—	(1)

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	—	—	—	—	—
’25	—	—	—	—	0.03
’24	—	—	—	—	0.09
’23	—	—	—	—	(0.05)
’22	—	—	—	—	(1.08)
’20	—	—	—	—	(0.37)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	—	—	—	—	—	5.64	1.80	2.15	2.90	5.18	Analyst estimates 2026–2028 Powerpack
	High	—	—	—	—	—	11.02	7.97	4.09	8.76	8.75
People
People	Employees	—	—	—	—	—	3	—	297	325	369
	Revenue/emp, $m	—	—	—	0.00	0.00	0.00	0.00	0.59	0.67	0.65
Income, $m
Income, $m	Revenue	—	—	—	69	80	95	122	175	217	238
	Gross margin, %	—	—	—	47.04	50.74	0.00	100.00	100.00	100.00	100.00
	EBT	—	—	—	(18)	0	(2)	122	(10)	6	4
	EBT margin, %	—	—	—	(26.22)	(0.11)	(1.67)	100.00	(5.52)	2.68	1.57
	Net income	—	0	—	(18)	0	(2)	0	(10)	6	4
	Depreciation	—	—	—	1	0	0	1	0	0	0
Per share, $
Per share, $	Revenue	—	—	—	1.39	5.74	4.52	2.70	3.86	4.78	5.23
	Earnings	—	—	—	(0.36)	(0.01)	(0.08)	(1.08)	(0.05)	0.10	0.03
	Cash flow	—	—	—	(0.03)	0.00	(0.03)	(0.99)	(0.28)	0.09	0.41
	Capex	—	—	—	0.00	0.00	0.00	0.00	(0.01)	(0.01)	0.00
	Free cash flow	—	—	—	(0.03)	0.00	(0.03)	(0.99)	(0.28)	0.09	0.41
	Book value	—	—	—	(0.71)	0.36	(0.04)	0.58	0.51	0.58	0.71
	Shares, m	—	—	—	50	14	21	45	45	45	45
Valuation, ×
Valuation, ×	P/E	—	—	—	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	P/S	—	—	—	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	P/B	—	—	—	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	EV/Sales	—	—	—	0.00	0.00	0.00	0.23	(0.27)	(0.27)	(0.32)
	EV/FCF	—	—	—	0.00	0.00	(49.85)	(49.85)	2.37	(16.56)	(1.79)
Cash, $m
Cash, $m	Operating cash flow	—	—	—	(1)	0	(1)	(45)	(13)	4	19
	Capex	—	—	—	0	0	0	0	0	0	0
	Free cash flow	—	—	—	(1)	0	(1)	(45)	(13)	4	19
Balance, $m
Balance, $m	Working capital	—	—	—	(13)	1	(1)	27	14	19	21
	Total debt	—	—	—	58	48	—	6	6	8	2
	Net debt	—	—	—	49	47	0	(52)	(50)	(51)	(65)
	Shareholders’ equity	—	—	—	(35)	5	(1)	26	23	26	32
Returns, %
Returns, %	ROA	—	—	—	(73.01)	(0.10)	(1.26)	(77.92)	(2.55)	5.27	1.70
	ROIC	—	—	—	0.00	(0.10)	0.00	0.00	0.00	0.00	0.00
	ROE	—	—	—	0.00	0.58	169.82	(389.28)	(10.66)	17.17	4.98

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · fundamentals updated 5 Oct 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
RSI Rush Street Interactive, Inc.	$4.4B	61.7×	69.2×	+46.27% (above 0%: growing)	−44.44% (below 0%: shrinking)	+128.07% (above 0%: growing)	35.47%	11.74%	Compare
BRSL Brightstar Lottery	$1.8B	7.3×	16.1×	−7.45% (below 0%: shrinking)	n/m	−719.07% (below 0%: shrinking)	46.92%	19.69%	Compare
ACEL Accel Entertainment, Inc.	$898.0M	15.8×	16.9×	+9.59% (above 0%: growing)	+66.67% (above 0%: growing)	+266.72% (above 0%: growing)	31.30%	8.71%	Compare
CDRO Codere Online Luxembourg, S.A.	$437.9M	— (loss-making)	—	+232.74% (above 0%: growing)	+94.12% (above 0%: growing)	+7,111.62% (above 0%: growing)	47.71%	0.00%
MRDN Meridian Holdings, Inc.	$144.1M	— (loss-making)	18.3×	+16.07% (above 0%: growing)	n/m	+260.25% (above 0%: growing)	53.50%	4.86%	Compare
INSE Inspired Entertainment, Inc.	$89.4M	— (loss-making)	17.5×	−24.28% (below 0%: shrinking)	n/m	−193.33% (below 0%: shrinking)	79.93%	16.28%	Compare
ROLR HIGH ROLLER TEC	$53.5M	15.0×	—	−51.58% (below 0%: shrinking)	n/m	−316.65% (below 0%: shrinking)	57.64%	(87.97%)	Compare
GRSD Grandstand Limited	$47.7M	— (loss-making)	17.2×	−4.62% (below 0%: shrinking)	n/m	−95.77% (below 0%: shrinking)	84.29%	(3.10%)	Compare
BRAG Bragg Gaming Group Inc.	$37.9M	— (loss-making)	— (loss-making)	−10.09% (below 0%: shrinking)	n/m	+160.34% (above 0%: growing)	51.72%	(8.48%)	Compare
Median of peers	$116.7M	15.4×	17.4×	−6.03%	—	+16.15%	52.61%	6.79%

All 16 Gambling stocks →