CDRO · NASDAQ · Gambling, Resorts & Casinos

Codere Online Luxembourg

Operates online casino and sports betting across Spain and selected Latin American markets.

$9.00
After-hours close0.00 (0.00%)
At close$9.00(0.00%)
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Profile

Codere Online Luxembourg, S.A.CDROConsumer Discretionary

Provides online sports betting and casino services through websites and mobile applications in Spain and selected Latin American markets. Spain and Mexico are reportable segments, while Colombia, Panama, and Argentina are grouped as Other operations.

Runs online sports betting and casino services through websites and mobile applications in Spain, Mexico, Colombia, Panama, and Argentina. Spain and Mexico are reportable segments; the other markets are grouped as Other operations.

Formed from Codere Group’s digital business, it was publicly listed through the DD3 transaction after a restructuring. The Luxembourg issuer combines online casino and sports betting with Codere Group’s physical Latin American presence.

The business depends on regulated market access and timely periodic reporting required by Nasdaq. Delays in annual reports drew Nasdaq notices before later filings restored compliance.

Company facts

CEOAviv Sher
ListedDec 1, 2021
ExchangeNASDAQ
HeadquartersLuxembourg City, Luxembourg
CountryLuxembourg
Employees369
CIK0001866782
ISINLU2405144788

Key statistics

Market cap$409.2M
EPS (ttm)$0.0368
P/E (ttm)244.26
ROE5.2%
P/B9.23
P/S1.58
Dividend yield
Beta0.39vs XLY 0.07

Year to date +11.8% · Average volume (30d) 19.9K

Analysts

No analyst consensus on record.

Earnings

EPS

Estimate$0.09
ReportedDue Nov 16, 2026

Revenue

Estimate$72.0M
ReportedDue Nov 16, 2026

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext session
Jul 30, 2026Q2 FY26$0.05−$0.03−175.0%$66.5M$79.3M+19.1%0.00%
May 7, 2026$0.05$0.15+225.0%$65.6M$74.4M+13.4%−3.12%
Feb 26, 2026Q4 FY25$0.08$0.04−53.8%$68.3M$71.3M+4.4%−0.12%
Nov 17, 2025Q3 FY25$0.06$0.04−45.5%$65.5M$60.5M−7.6%+11.11%
View details

Financial highlights

12 quartersQ4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q2 FY26
Revenue$57.1M$61.0M$61.0M$60.9M$60.9M$75.9M
Gross profit$51.7M$56.0M$56.0M$51.4M$51.4M$0
Operating income$1.6M$1.7M$1.7M$1.6M$1.6M$75.6M
Net income$2.4M−$1.8M−$1.8M$2.6M$2.6M−$1.6M
Diluted EPS$0.05−$0.04−$0.04$0.06$0.06−$0.04
Gross margin90.5%91.7%91.7%84.5%84.5%0.0%
Operating margin2.7%2.9%2.9%2.6%2.6%99.7%

Fiscal years (4-quarter sums)FY21 $93.9M · FY22 $134.1M · FY23 $187.3M · FY24 $232.5M · FY25 $243.8M

Revenue by product · FY25

Online Casino Wagering$151.8M · 62%
Online Sports Betting$91.4M · 37%
Others$618.7K · 0%

Revenue by geography · FY25

Mexico$124.2M · 51%
Spain$104.9M · 43%
Others$14.7M · 6%

Balance sheet, Jun 30, 2026Cash & short-term investments $84.4M · Total debt $2.2M · Total assets $102.7M · Shareholders' equity $44.4M

Dividends

No dividends on record.

Ownership

Institutions 12.12%5.51M sharesInsiders 1.65%751.8K sharesOther 86.23%39.21M shares

Shares outstanding 45.47M · Float 14.95M · 32.9% free float

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
Bamco Inc /NY/3.50M7.70%13FMay 15, 2026
FNY Investment Advisers, LLC962.4K2.12%13FApr 15, 2026
UBS Group AG370.1K0.81%13FMay 5, 2026
Moshe Edree · director366.5K0.81%Form 4May 7, 2026
MMBG Investment Advisors Co.366.3K0.81%13FApr 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Jun 18, 2026Sanchez Oscar Iglesiasdirector−14,276$10.04
Jun 16, 2026Sanchez Oscar Iglesiasdirector−2,812$10.01
Jun 15, 2026Sanchez Oscar Iglesiasdirector−300$10.00
Jun 12, 2026Sanchez Oscar Iglesiasdirector−2,130$10.00
Jun 8, 2026Sanchez Oscar Iglesiasdirector−50$10.00
View details

Peers

CompareAfter-hours close

CompanyPriceChange
Codere Online Luxembourg$9.000.00%$409.2M244.320.01.6
Flutter Entertainment$101.53−0.24%$17.66B16.41.0+3.3%
Rush Street Interactive$26.410.00%$6.54B90.235.04.8+46.3%
Median90.225.72.9+24.8%