Codere Online Corp Stock Net Income

CDRO Stock  USD 7.30  0.29  4.14%   
Codere Online Corp fundamentals help investors to digest information that contributes to Codere Online's financial success or failures. It also enables traders to predict the movement of Codere Stock. The fundamental analysis module provides a way to measure Codere Online's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Codere Online stock.
Last ReportedProjected for Next Year
Net Loss-41.7 M-43.8 M
Net Loss-61.3 M-58.2 M
Net Loss-39.1 M-41 M
Net Loss(1.18)(1.24)
Net Income Per E B T 0.96  0.84 
As of the 22nd of November 2024, Net Loss is likely to drop to about (43.8 M). In addition to that, Net Loss is likely to grow to about (58.2 M).
  
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Codere Online Corp Company Net Income Analysis

Codere Online's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Codere Online Net Income

    
  (43.41 M)  
Most of Codere Online's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Codere Online Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Codere Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for Codere Online is extremely important. It helps to project a fair market value of Codere Stock properly, considering its historical fundamentals such as Net Income. Since Codere Online's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Codere Online's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Codere Online's interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Codere Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

25.09 Million

At this time, Codere Online's Accumulated Other Comprehensive Income is very stable compared to the past year.
Based on the recorded statements, Codere Online Corp reported net income of (43.41 Million). This is 108.5% lower than that of the Hotels, Restaurants & Leisure sector and significantly lower than that of the Consumer Discretionary industry. The net income for all United States stocks is 107.6% higher than that of the company.

Codere Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Codere Online's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Codere Online could also be used in its relative valuation, which is a method of valuing Codere Online by comparing valuation metrics of similar companies.
Codere Online is currently under evaluation in net income category among its peers.

Codere Online ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Codere Online's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Codere Online's managers, analysts, and investors.
Environmental
Governance
Social

Codere Online Institutional Holders

Institutional Holdings refers to the ownership stake in Codere Online that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Codere Online's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Codere Online's value.
Shares
Raymond James Finl Svs Advisors, Inc.2024-09-30
10 K
Olistico Wealth Llc2024-09-30
600
Bamco Inc2024-06-30
3.5 M
Morgan Stanley - Brokerage Accounts2024-06-30
400 K
Mmbg Investment Advisors Co.2024-09-30
319.7 K
Ubs Group Ag2024-06-30
122.9 K
Renaissance Technologies Corp2024-09-30
89.1 K
Blair William & Co2024-06-30
83 K
Fny Investment Advisers, Llc2024-06-30
62.3 K
Millennium Management Llc2024-06-30
23.1 K
Citadel Advisors Llc2024-06-30
18.2 K

Codere Fundamentals

About Codere Online Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Codere Online Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Codere Online using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Codere Online Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
When determining whether Codere Online Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Codere Online's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Codere Online Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Codere Online Corp Stock:
Check out Codere Online Piotroski F Score and Codere Online Altman Z Score analysis.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Codere Online. If investors know Codere will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Codere Online listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.71)
Revenue Per Share
3.083
Quarterly Revenue Growth
0.456
Return On Assets
(0.32)
Return On Equity
(0.82)
The market value of Codere Online Corp is measured differently than its book value, which is the value of Codere that is recorded on the company's balance sheet. Investors also form their own opinion of Codere Online's value that differs from its market value or its book value, called intrinsic value, which is Codere Online's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Codere Online's market value can be influenced by many factors that don't directly affect Codere Online's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Codere Online's value and its price as these two are different measures arrived at by different means. Investors typically determine if Codere Online is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Codere Online's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.