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The latest announcement is out from Codere Online ( (CDRO) ).
Codere Online reported its financial results for Q4 and the full year 2024, showing a 5% increase in net gaming revenue to €52.6 million for the quarter and €211.6 million for the year, 23% higher than 2023. The company achieved a net income of €6.8 million in 2024, compared to a net loss of €4.0 million in 2023, and plans a share buyback of up to $5.0 million. The company also faces a new 19% tax on online deposits in Colombia and has been granted an extension by Nasdaq to file its 2023 annual report by May 12, 2025.
More about Codere Online
Codere Online is a leading online gaming operator based in Luxembourg, with a strong presence in Spain and Latin America. The company focuses on providing online gaming services, including sports betting and casino games, and is listed on Nasdaq under the ticker symbols CDRO and CDROW.
YTD Price Performance: 30.22%
Average Trading Volume: 55,620
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $366.9M
See more insights into CDRO stock on TipRanks’ Stock Analysis page.
