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Upturn AI SWOT - About
CDRO 
Codere Online US Corp (CDRO)
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Upturn Advisory Summary
09/17/2025: CDRO (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
4 Analysts rated it
Very few follow this stock; limited insights, higher-risk early investing.
1 Year Target Price $11.33
1 Year Target Price $11.33
| 3 | Strong Buy |
| 0 | Buy |
| 1 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -9.54% | Avg. Invested days 34 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 09/17/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 328.61M USD | Price to earnings Ratio 80 | 1Y Target Price 11.33 |
Price to earnings Ratio 80 | 1Y Target Price 11.33 | ||
Volume (30-day avg) 4 | Beta 0.5 | 52 Weeks Range 5.75 - 8.76 | Updated Date 09/17/2025 |
52 Weeks Range 5.75 - 8.76 | Updated Date 09/17/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 0.09 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 1.95% | Operating Margin (TTM) 2.74% |
Management Effectiveness
Return on Assets (TTM) 3.65% | Return on Equity (TTM) 17.19% |
Valuation
Trailing PE 80 | Forward PE - | Enterprise Value 271640459 | Price to Sales(TTM) 1.64 |
Enterprise Value 271640459 | Price to Sales(TTM) 1.64 | ||
Enterprise Value to Revenue 1.15 | Enterprise Value to EBITDA 48.94 | Shares Outstanding 45640800 | Shares Floating 15278719 |
Shares Outstanding 45640800 | Shares Floating 15278719 | ||
Percent Insiders 66.52 | Percent Institutions 11.06 |
Upturn AI SWOT
Codere Online US Corp
Company Overview
History and Background
Codere Online US Corp is a part of Grupo Codere, a multinational gaming and entertainment company. Grupo Codere was founded in Spain in 1980. Codere Online focuses on online gaming and sports betting, expanding Codere's presence into the digital realm. Codere Online became publicly traded in 2021.
Core Business Areas
- Online Casino: Offers a variety of online casino games, including slots, table games (blackjack, roulette, poker), and live dealer games.
- Sports Betting: Provides a platform for online sports betting, covering a wide range of sports and events, including major leagues, international competitions, and niche sports. This includes pre-match and in-play wagering options.
Leadership and Structure
Vicente Di Loreto is the CEO of Codere Online. The company has a board of directors overseeing its operations. The organizational structure typically includes departments for technology, marketing, operations, finance, and compliance.
Top Products and Market Share
Key Offerings
- Number of Users: Number of registered active users is estimated to be around 100,000 to 500,000
- Online Casino Games: A large portfolio of online slots and table games drives a significant portion of Codere Online's revenue. These games are developed by third-party providers and offered on the platform. Competitors include DraftKings and BetMGM. Market share information for specific game categories is not readily available.
- Revenue: Revenue from this product is estimated around 60 to 100 million USD annually.
- Number of Users: Number of registered active users is estimated to be around 50,000 to 300,000
- Revenue: Revenue from this product is estimated around 30 to 70 million USD annually.
- Sports Betting Platform: Codere Online's sports betting platform offers wagering on various sports, including soccer, basketball, tennis, and more. They compete with major sportsbooks like FanDuel and Bet365. Market share varies by region.
Market Dynamics
Industry Overview
The online gaming and sports betting industry is experiencing rapid growth, driven by increasing internet penetration, regulatory changes, and technological advancements. Competition is intense, with numerous operators vying for market share.
Positioning
Codere Online is positioned as a player with a strong presence in key markets, leveraging the established Codere brand. They aim to expand their reach through strategic partnerships and innovative product offerings. The company is focusing on Latin America and Spain where it already has a strong brand.
Total Addressable Market (TAM)
The global online gambling market is projected to reach hundreds of billions of dollars. Codere Online is positioned to capture a portion of this TAM through its targeted market approach, specifically in Latin America and Spain.
Upturn SWOT Analysis
Strengths
- Established brand recognition in certain markets (Latin America, Spain)
- Strong technology platform
- Partnerships with established gaming providers
- Experienced management team
Weaknesses
- Limited brand recognition in the US market
- Heavy reliance on third-party game providers
- Smaller market share compared to industry leaders
- High marketing and advertising costs
Opportunities
- Expansion into new regulated markets
- Development of proprietary games and content
- Strategic acquisitions and partnerships
- Increased adoption of mobile gaming
Threats
- Intense competition from established players
- Changing regulatory landscape
- Risk of cybersecurity breaches
- Economic downturn affecting consumer spending
Competitors and Market Share
Key Competitors
- DKNG
- BETM
- PENN
Competitive Landscape
Codere Online faces intense competition from larger, more established players. Its competitive advantages include its brand recognition in specific markets and its technology platform. Its disadvantages include limited market share and brand recognition in the US.
Growth Trajectory and Initiatives
Historical Growth: Codere Online's historical growth is tied to the expansion of online gaming in its target markets. Growth rates can vary depending on market conditions and regulatory changes.
Future Projections: Future growth projections depend on factors such as market penetration, new market entries, and product innovation. Analyst estimates are needed for specific projections.
Recent Initiatives: Recent strategic initiatives may include market expansion, technology upgrades, and partnerships with gaming providers.
Summary
Codere Online is a growing player in the online gaming market with strengths in Latin America and Spain. While it faces strong competition and high marketing costs, expansion into new markets and strategic partnerships offer growth opportunities. The company's future success relies on effective execution and adaptation to the evolving regulatory landscape.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Filings
- Industry Reports
- Analyst Estimates
- Third-party Data Providers
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Market data is subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Codere Online US Corp
Exchange NASDAQ | Headquaters - | ||
IPO Launch date 2021-12-01 | CEO - | ||
Sector Consumer Cyclical | Industry Gambling | Full time employees 325 | Website https://www.codereonline.com |
Full time employees 325 | Website https://www.codereonline.com | ||
Codere Online Luxembourg, S.A., together with its subsidiaries, operates as an online casino gaming and sports betting company in Spain, Mexico, Colombia, Panama, Argentina, and internationally. It offers online casino games available in land-based casinos, gaming halls, and gambling establishments, such as slot machines, table games, and bingo; and online sports betting and other bets under the Codere brand. The company is headquartered in Luxembourg, Luxembourg.
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