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Codere Online Luxembourg S.A. Warrants (CDROW)



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Upturn Advisory Summary
08/28/2025: CDROW (2-star) has a low Upturn Star Rating. Not recommended to BUY.
Analysis of Past Performance
Type Stock | Historic Profit 44.05% | Avg. Invested days 35 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
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Key Highlights
Company Size ETF | Market Capitalization 0 USD | Price to earnings Ratio - | 1Y Target Price - |
Price to earnings Ratio - | 1Y Target Price - | ||
Volume (30-day avg) - | Beta 0.46 | 52 Weeks Range 0.40 - 1.28 | Updated Date 06/10/2025 |
52 Weeks Range 0.40 - 1.28 | Updated Date 06/10/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -428.55 |
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 - | Forward PE - | Enterprise Value - | Price to Sales(TTM) - |
Enterprise Value - | Price to Sales(TTM) - | ||
Enterprise Value to Revenue - | Enterprise Value to EBITDA - | Shares Outstanding - | Shares Floating 15278719 |
Shares Outstanding - | Shares Floating 15278719 | ||
Percent Insiders - | Percent Institutions - |
Upturn AI SWOT
Codere Online Luxembourg S.A. Warrants
Company Overview
History and Background
Codere Online is a subsidiary of Grupo Codere, a multinational gaming operator. Codere Online launched to focus on the online gaming market, leveraging Grupo Codere's established brand and operational experience.
Core Business Areas
- Online Casino: Offers a range of online casino games, including slots, table games, and live dealer games.
- Online Sports Betting: Provides a platform for betting on various sports events.
Leadership and Structure
The leadership team consists of experienced professionals in the gaming and technology industries. The organizational structure is designed to support both online casino and sports betting operations.
Top Products and Market Share
Key Offerings
- Online Casino Slots: A large variety of slot games from different providers. Market share varies by region; competition includes DraftKings (DKNG), FanDuel (Flutter Entertainment), BetMGM (MGM). Revenue from slots constitutes a significant portion of total revenue.
- Live Dealer Casino Games: Includes live blackjack, roulette, and baccarat. Competitors include Evolution Gaming and Playtech. Market share varies by region.
- Online Sports Betting Platform: Covers a wide array of sports. Competitors include DraftKings (DKNG), FanDuel (Flutter Entertainment), and BetMGM (MGM). Revenue fluctuates depending on sports seasons and marketing strategies.
Market Dynamics
Industry Overview
The online gaming industry is experiencing rapid growth, driven by increasing internet penetration and favorable regulatory developments in several regions.
Positioning
Codere Online aims to establish a strong presence in key markets by leveraging its brand reputation and technology platform. It faces stiff competition from established players but seeks to differentiate through localized offerings and targeted marketing.
Total Addressable Market (TAM)
The global online gambling market is projected to reach hundreds of billions of dollars in the coming years. Codere Online is positioned to capture a share of this TAM by expanding its geographic reach and product offerings.
Upturn SWOT Analysis
Strengths
- Established brand name through Grupo Codere
- Strong technology platform
- Experience in regulated markets
- Partnerships with leading game providers
Weaknesses
- Limited brand recognition compared to larger competitors
- Dependence on regulatory approvals
- Relatively smaller marketing budget
- Operational losses
Opportunities
- Expansion into new markets with favorable regulations
- Increased mobile gaming adoption
- Strategic partnerships and acquisitions
- Development of innovative gaming products
Threats
- Intense competition from established players
- Changing regulatory landscape
- Economic downturn affecting consumer spending
- Cybersecurity risks
Competitors and Market Share
Key Competitors
- DKNG
- PDYPY
- MGM
Competitive Landscape
Codere Online faces intense competition. DKNG and PDYPY are dominant market leaders. Codere Online differentiates by focusing on Spanish speaking markets and leveraging the parent company's brand. The disadvantage is that it lacks the brand recognition and marketing resources of the larger players.
Growth Trajectory and Initiatives
Historical Growth: Historical growth reflects the expansion of online gaming and sports betting markets globally.
Future Projections: Analysts project continued revenue growth driven by market expansion and new product launches. Profitability is projected but timeline remains uncertain.
Recent Initiatives: Recent strategic initiatives include market entry into Ontario and Mexico, as well as product enhancements to their platforms.
Summary
Codere Online is a growing online gaming company leveraging the brand of Grupo Codere. While revenue growth is promising, the company faces challenges in achieving profitability due to intense competition. Expansion into new markets and strategic partnerships are crucial for future success. Codere Online needs to demonstrate a clear path to profitability to attract investors and sustain growth.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company filings, industry reports, analyst estimates
Disclaimers:
This analysis is for informational purposes only and should not be considered financial advice. Market conditions and company performance may 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 Luxembourg S.A. Warrants
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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