Codere Online Luxembourg SA is a Luxembourg-based Online Casino Operator Company. The Company offers Online Sports Betting and Online Casino through its state-of-the art website and Mobile Application. It operates in markets of Spain, Italy, Mexico, Colombia, Panama and the City of Buenos Aires (Argentina). The Company offers online Channels include Omnichannel and Pure Online. Its products include Sports Betting and Casino. The Company is also the official betting partner of Real Madrid in Latin America, River Plate in Argentina and Monterrey Rayados in Mexico.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 79.24% year-on-year.
Turnaround to Profit
The company's performance has turned profitable, with the latest annual net income of USD 3.77M.%!(EXTRA int=2)
Fairly Valued
The company’s latest PE is 81.35, at a medium 3-year percentile range.
Institutional Selling
The latest institutional holdings are 35.40M shares, decreasing 0.43% quarter-over-quarter.
Held by Ron Baron
Star Investor Ron Baron holds 3.50M shares of this stock.
Lower Market Activity
The company has less investor interest, with a 20-day turnover ratio of -0.47.