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Codere Online Luxembourg (Codere Online Luxembourg) Net Margin % : -0.41% (As of Jun. 2023)


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What is Codere Online Luxembourg Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Codere Online Luxembourg's Net Income for the six months ended in Jun. 2023 was $-0.3 Mil. Codere Online Luxembourg's Revenue for the six months ended in Jun. 2023 was $80.9 Mil. Therefore, Codere Online Luxembourg's net margin for the quarter that ended in Jun. 2023 was -0.41%.

The historical rank and industry rank for Codere Online Luxembourg's Net Margin % or its related term are showing as below:

CDRO' s Net Margin % Range Over the Past 10 Years
Min: -84.82   Med: -33.18   Max: -21.26
Current: -21.26


CDRO's Net Margin % is ranked worse than
84.62% of 819 companies
in the Travel & Leisure industry
Industry Median: 4.76 vs CDRO: -21.26

Codere Online Luxembourg Net Margin % Historical Data

The historical data trend for Codere Online Luxembourg's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Codere Online Luxembourg Net Margin % Chart

Codere Online Luxembourg Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Net Margin %
- -26.29 -23.08 -84.82 -40.07

Codere Online Luxembourg Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Net Margin % Get a 7-Day Free Trial -33.30 -135.87 -32.70 -45.93 -0.41

Competitive Comparison of Codere Online Luxembourg's Net Margin %

For the Gambling subindustry, Codere Online Luxembourg's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Codere Online Luxembourg's Net Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Codere Online Luxembourg's Net Margin % distribution charts can be found below:

* The bar in red indicates where Codere Online Luxembourg's Net Margin % falls into.



Codere Online Luxembourg Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Codere Online Luxembourg's Net Margin for the fiscal year that ended in Dec. 2022 is calculated as

Net Margin=Net Income (A: Dec. 2022 )/Revenue (A: Dec. 2022 )
=-49.133/122.613
=-40.07 %

Codere Online Luxembourg's Net Margin for the quarter that ended in Jun. 2023 is calculated as

Net Margin=Net Income (Q: Jun. 2023 )/Revenue (Q: Jun. 2023 )
=-0.33/80.861
=-0.41 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Codere Online Luxembourg  (NAS:CDRO) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Codere Online Luxembourg Net Margin % Related Terms

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Codere Online Luxembourg (Codere Online Luxembourg) Business Description

Traded in Other Exchanges
Address
7 rue Robert Stumper, Luxembourg, LUX, L-2557
Codere Online Luxembourg SA is an international online casino gaming and online sports betting group focused on providing its customers with a safe and enjoyable online gaming experience. It currently operates in Spain, Italy, Mexico, Colombia, Panama and in the City of Buenos Aires where it offers its users the ability to play online casino games and bet on sports events. Online casino offerings include the full portfolio of games typically available in land-based casinos, gaming halls and gambling establishments, such as slot machines, table games and bingo. Online sports betting involves a user placing a wager on an event at some fixed odds determined by Codere Online. If the user wins, it pays out the bet. If the user loses, it keeps the amount wagered.

Codere Online Luxembourg (Codere Online Luxembourg) Headlines

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