🚀 VC round data is live in beta, check it out!
Codere Online Valuation Multiples
Discover revenue and EBITDA valuation multiples for Codere Online and similar public comparables like Fermière du Casino Municipal de Cannes, Universal Entertainment, Pollard Banknote, DYNAM Japan Holdings Co. and more.
Codere Online Overview
About Codere Online
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, Mexico, Colombia, and Other countries. 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. The company derives maximum revenue from Mexico.
Founded
2021
HQ
Employees
325
Website
Financials (LTM)
EV
$311M
Codere Online Financials
Codere Online reported last 12-month revenue of $261M and EBITDA of $17M.
In the same LTM period, Codere Online generated $17M in EBITDA and $1M in net income.
Revenue (LTM)
Codere Online P&L
In the most recent fiscal year, Codere Online reported revenue of $230M and EBITDA of $5M.
Codere Online expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $261M | XXX | $230M | XXX | XXX | XXX |
| Gross Profit | — | XXX | $221M | XXX | XXX | XXX |
| Gross Margin | — | XXX | 96% | XXX | XXX | XXX |
| EBITDA | $17M | XXX | $5M | XXX | XXX | XXX |
| EBITDA Margin | 6% | XXX | 2% | XXX | XXX | XXX |
| EBIT Margin | 4% | XXX | 2% | XXX | XXX | XXX |
| Net Profit | $1M | XXX | $4M | XXX | XXX | XXX |
| Net Margin | 1% | XXX | 2% | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Codere Online Stock Performance
Codere Online has current market cap of $369M, and enterprise value of $311M.
Market Cap Evolution
Codere Online's stock price is $8.09.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $311M | $369M | 0.0% | XXX | XXX | XXX | $0.10 |
Benchmark Trading Valuation Multiples by Industry
Sign up to access valuation multiples like growth-adjusted P/E, Rule of 40, next 12-month EV/Revenue, EBITDA multiples by industry, consensus analyst estimates and many more.
Start Free TrialCodere Online Valuation Multiples
Codere Online trades at 1.2x EV/Revenue multiple, and 18.7x EV/EBITDA.
EV / Revenue (LTM)
Codere Online Financial Valuation Multiples
As of March 17, 2026, Codere Online has market cap of $369M and EV of $311M.
Equity research analysts estimate Codere Online's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Codere Online has a P/E ratio of 254.3x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $369M | XXX | $369M | XXX | XXX | XXX |
| EV (current) | $311M | XXX | $311M | XXX | XXX | XXX |
| EV/Revenue | 1.2x | XXX | 1.4x | XXX | XXX | XXX |
| EV/EBITDA | 18.7x | XXX | 57.6x | XXX | XXX | XXX |
| EV/EBIT | 32.7x | XXX | 62.7x | XXX | XXX | XXX |
| EV/Gross Profit | — | XXX | 1.4x | XXX | XXX | XXX |
| P/E | 254.3x | XXX | 82.5x | XXX | XXX | XXX |
| EV/FCF | — | XXX | 73.7x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Codere Online Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.
Codere Online Margins & Growth Rates
Codere Online's revenue in the last 12 month grew by 4%.
Codere Online's revenue per employee in the last FY averaged $0.8M.
Codere Online's rule of 40 is 10% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Codere Online's rule of X is 16% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Codere Online Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 4% | XXX | 13% | XXX | XXX | XXX |
| EBITDA Margin | 6% | XXX | 2% | XXX | XXX | XXX |
| EBITDA Growth | 19% | XXX | 201% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 10% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 16% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.8M | XXX | XXX | XXX |
| S&M Expenses to Revenue | 39% | XXX | 43% | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 41% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 94% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Codere Online Public Comps
See public comps and valuation multiples for other Casinos & Gambling and Online Betting comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Fermière du Casino Municipal de Cannes | XXX | XXX | XXX | XXX | XXX | XXX |
| Universal Entertainment | XXX | XXX | XXX | XXX | XXX | XXX |
| Pollard Banknote | XXX | XXX | XXX | XXX | XXX | XXX |
| DYNAM Japan Holdings Co. | XXX | XXX | XXX | XXX | XXX | XXX |
| Jumbo Interactive | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Codere Online M&A Activity
Codere Online acquired XXX companies to date.
Last acquisition by Codere Online was on XXXXXXXX, XXXXX. Codere Online acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Codere Online
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
Sign up to see revenue and EBITDA valuation multiples for 150K+ M&A deals.
Start Free TrialCodere Online Investment Activity
Codere Online invested in XXX companies to date.
Codere Online made its latest investment on XXXXXXXX, XXXXX. Codere Online invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Codere Online
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAbout Codere Online
| When was Codere Online founded? | Codere Online was founded in 2021. |
| Where is Codere Online headquartered? | Codere Online is headquartered in Luxembourg. |
| How many employees does Codere Online have? | As of today, Codere Online has over 325 employees. |
| Who is the CEO of Codere Online? | Codere Online's CEO is Aviv Sher. |
| Is Codere Online publicly listed? | Yes, Codere Online is a public company listed on Nasdaq. |
| What is the stock symbol of Codere Online? | Codere Online trades under CDRO ticker. |
| When did Codere Online go public? | Codere Online went public in 2021. |
| Who are competitors of Codere Online? | Codere Online main competitors are Fermière du Casino Municipal de Cannes, Universal Entertainment, Pollard Banknote, DYNAM Japan Holdings Co.. |
| What is the current market cap of Codere Online? | Codere Online's current market cap is $369M. |
| What is the current revenue of Codere Online? | Codere Online's last 12 months revenue is $261M. |
| What is the current revenue growth of Codere Online? | Codere Online revenue growth (NTM/LTM) is 4%. |
| What is the current EV/Revenue multiple of Codere Online? | Current revenue multiple of Codere Online is 1.2x. |
| Is Codere Online profitable? | Yes, Codere Online is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Codere Online? | Codere Online's last 12 months EBITDA is $17M. |
| What is Codere Online's EBITDA margin? | Codere Online's last 12 months EBITDA margin is 6%. |
| What is the current EV/EBITDA multiple of Codere Online? | Current EBITDA multiple of Codere Online is 18.7x. |
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.