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Codere Online Luxembourg (Codere Online Luxembourg) Pretax Margin % : -3.67% (As of Jun. 2023)


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What is Codere Online Luxembourg Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Codere Online Luxembourg's Pre-Tax Income for the six months ended in Jun. 2023 was $-2.97 Mil. Codere Online Luxembourg's Revenue for the six months ended in Jun. 2023 was $80.86 Mil. Therefore, Codere Online Luxembourg's pretax margin for the quarter that ended in Jun. 2023 was -3.67%.

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

CDROW' s Pretax Margin % Range Over the Past 10 Years
Min: -83.54   Med: -31.87   Max: -20.95
Current: -22.14


CDROW's Pretax Margin % is ranked worse than
85.09% of 825 companies
in the Travel & Leisure industry
Industry Median: 6.37 vs CDROW: -22.14

Codere Online Luxembourg Pretax Margin % Historical Data

The historical data trend for Codere Online Luxembourg's Pretax 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 Pretax Margin % Chart

Codere Online Luxembourg Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Pretax Margin %
- -26.22 -20.95 -83.54 -37.51

Codere Online Luxembourg Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Pretax Margin % Get a 7-Day Free Trial -32.66 -133.97 -29.33 -44.01 -3.67

Competitive Comparison of Codere Online Luxembourg's Pretax Margin %

For the Gambling subindustry, Codere Online Luxembourg's Pretax Margin %, along with its competitors' market caps and Pretax 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 Pretax Margin % Distribution in the Travel & Leisure Industry

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

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



Codere Online Luxembourg Pretax Margin % Calculation

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

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

Pretax Margin=Pre-Tax Income (A: Dec. 2022 )/Revenue (A: Dec. 2022 )
=-45.99/122.613
=-37.51 %

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

Pretax Margin=Pre-Tax Income (Q: Jun. 2023 )/Revenue (Q: Jun. 2023 )
=-2.971/80.861
=-3.67 %

* 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:CDROW) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Codere Online Luxembourg Pretax 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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