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Codere Online Luxembourg S.A. Warrants (CDROW)



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Upturn Advisory Summary
04/01/2025: CDROW (1-star) is currently NOT-A-BUY. Pass it for now.
Analysis of Past Performance
Type Stock | Historic Profit -33.02% | Avg. Invested days 32 | Today’s Advisory PASS |
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) 17516 | Beta 0.43 | 52 Weeks Range 0.40 - 1.28 | Updated Date 02/26/2025 |
52 Weeks Range 0.40 - 1.28 | Updated Date 02/26/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -428.55 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -21.51% | Operating Margin (TTM) 1.6% |
Management Effectiveness
Return on Assets (TTM) -31.74% | Return on Equity (TTM) -81.68% |
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 15639806 |
Shares Outstanding - | Shares Floating 15639806 | ||
Percent Insiders - | Percent Institutions - |
Analyst Ratings
Rating - | Target Price - | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Codere Online Luxembourg S.A. Warrants
Company Overview
History and Background
Codere Online is a spin-off from Grupo Codere, a multinational gaming operator with decades of experience in land-based casinos and sports betting. Codere Online was created to focus on the online gaming market, leveraging its parent company's brand recognition and experience. The warrants relate to the combination with DD3 Acquisition Corp. II in 2021.
Core Business Areas
- Online Casino: Offers a range of online casino games, including slots, table games (blackjack, roulette, poker), and live dealer games. Focuses on regulated markets.
- Online Sports Betting: Provides a platform for users to bet on a variety of sports events, including football (soccer), basketball, tennis, and others. Includes pre-match and in-play betting options.
Leadership and Structure
The leadership team comprises experienced professionals in the online gaming industry. The company has a board of directors responsible for strategic oversight. Key executives include the CEO, CFO, and heads of various departments such as marketing, technology, and operations.
Top Products and Market Share
Key Offerings
- Online Casino: Codere Online offers a comprehensive online casino experience. Market share varies by country, but the company is a significant player in Spain and Mexico. Competitors include Entain, Flutter Entertainment, and Bet365.
- revenue: Revenue data needs to be pulled from financial reports
- Online Sports Betting: The sports betting platform offers a wide range of sports and betting options. Codere Online focuses on regulated markets in Europe and Latin America. Key competitors are Bet365, Flutter Entertainment, and Entain.
- revenue: Revenue data needs to be pulled from financial reports
Market Dynamics
Industry Overview
The online gaming industry is experiencing rapid growth, driven by increasing internet penetration, smartphone adoption, and favorable regulatory changes in various countries. The market is competitive, with numerous established players and emerging startups.
Positioning
Codere Online is positioned as a leading online gaming operator in regulated markets, with a strong focus on Spain and Latin America. The company leverages its brand recognition and expertise in land-based gaming to attract and retain customers.
Total Addressable Market (TAM)
The global online gambling market is estimated to be hundreds of billions. Codere Online is focused on regulated markets in Europe and Latin America where it can hold significant TAM.
Upturn SWOT Analysis
Strengths
- Established brand recognition in key markets
- Strong technology platform
- Experienced management team
- Focus on regulated markets
Weaknesses
- Relatively smaller scale compared to larger competitors
- Geographic concentration in specific markets
- Dependence on regulatory approvals
Opportunities
- Expansion into new regulated markets
- Development of innovative gaming products
- Strategic partnerships and acquisitions
- Increase mobile penetration in Latin America
Threats
- Intense competition from established players
- Changing regulatory landscape
- Economic downturns affecting consumer spending
- Cybersecurity risks
Competitors and Market Share
Key Competitors
- DraftKings (DKNG)
- Flutter Entertainment (PDYPY)
- Entain (GMVHF)
- Bet365 (Privately Held)
Competitive Landscape
Codere Online faces intense competition from larger, more established players in the online gaming market. The company's strengths lie in its brand recognition in specific markets and its focus on regulated jurisdictions. However, it needs to continue to innovate and expand its product offerings to compete effectively.
Major Acquisitions
Growth Trajectory and Initiatives
Historical Growth: Historical growth data needs to be derived from past financial reports.
Future Projections: Future growth projections depend on analyst estimates and company guidance. Analyst consensus can be found on financial websites.
Recent Initiatives: Recent initiatives might include market expansion, product launches, or partnerships. Information can be found in press releases and company announcements.
Summary
Codere Online is a growing player in the online gaming market, particularly in Spain and Latin America. Its focus on regulated markets provides a degree of stability. However, it faces stiff competition and needs to execute its growth strategy effectively. Continued investment in technology and product innovation is crucial for long-term success.
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Sources and Disclaimers
Data Sources:
- Company filings (SEC)
- Industry reports
- Analyst estimates
- Press releases
Disclaimers:
The information provided is for informational purposes only and should not be considered investment advice. The analysis is based on publicly available data and may be subject to change. Market share percentages are rough estimates.
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 249 | Website https://www.codereonline.com |
Full time employees 249 | Website https://www.codereonline.com |
Codere Online Luxembourg, S.A. operates as an online casino gaming and sports betting company. It also offers online casino wagering products and services, as well as online gambling and other online services. The company offers its products under the Codere and Greenplay brand names. It primarily operates in Spain, Italy, Mexico, Colombia, the United Kingdom, Germany, South Africa, Austria, Malta, Panama, and Argentina. The company is based in Luxembourg, Luxembourg.
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