CDRO vs SGHC
Codere Online Luxembourg, S.a. and Super Group (sghc) Ltd., side by side — 6 fiscal years reported in EUR, drawn from SEC filings.
Most recent reported year
| Metric | CDRO | SGHC |
|---|---|---|
| Revenue | €200.7M | €1.7B |
| Net income | €3.9M | €113.1M |
| Gross margin | 84.1% | · |
| Net margin | 1.9% | 6.7% |
| Return on equity | 17.3% | 21.0% |
| Diluted EPS | €0.08 | €0.22 |
| Dividend / share | · | €0.04 |
| Payout ratio | · | · |
| Free cash flow | · | €271.4M |
| Equity | €24.1M | €557.5M |
| Net debt / equity | · | −0.67× |
| Current ratio | 1.40× | 1.25× |
| Revenue CAGR 5y | 26.7% | 28.9% |
| Profit CAGR 5y | · | · |
SGHC bills 8.5× the revenue of CDRO, and keeps more of each dollar of revenue as profit (6.7% against 1.9%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
6 years side by side
| Fiscal year | CDRO | SGHC |
|---|---|---|
| FY2024 | €200.7M | €1.7B |
| FY2023 | €161.6M | €1.4B |
| FY2022 | €115.7M | €1.3B |
| FY2021 | €80.3M | €1.3B |
| FY2020 | €70.5M | €908.0M |
| FY2019 | €61.6M | €476.0M |
Bottom line
| Fiscal year | CDRO | SGHC |
|---|---|---|
| FY2024 | €3.9M | €113.1M |
| FY2023 | €-2.4M | €-10.6M |
| FY2022 | €-46.4M | €181.4M |
| FY2021 | €-68.1M | €235.9M |
| FY2020 | €-16.3M | €149.2M |
| FY2019 | €-16.1M | €-17.9M |
6 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2024 | −€1,496,150,000 | SGHC |
| FY2023 | −€1,274,470,000 | SGHC |
| FY2022 | −€1,176,463,000 | SGHC |
| FY2021 | −€1,240,405,000 | SGHC |
| FY2020 | −€837,522,000 | SGHC |
| FY2019 | −€414,457,000 | SGHC |
SGHC has reported the higher revenue in every one of these 6 fiscal years. The gap has widened since the earliest year compared.
6 of 6 comparable fiscal years — a year missing data on either side is not counted.
5 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2024 | −4.7 pp | SGHC |
| FY2023 | −0.9 pp | SGHC |
| FY2022 | −54.2 pp | SGHC |
| FY2021 | −102.6 pp | SGHC |
| FY2019 | −22.4 pp | SGHC |
SGHC has kept the higher net margin in every one of these 5 fiscal years.
5 of 6 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
CDRO's net margin has been more volatile than SGHC's over the 5 comparable fiscal years — 31.5 percentage points of standard deviation against 8.3.
5 of 6 comparable fiscal years — a year missing data on either side is not counted.
Year by year
SGHC led in net margin in every one of the 5 comparable fiscal years — a structural lead, not a recent swing.
5 of 6 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
CDRO's return on equity has been more volatile than SGHC's over the 3 comparable fiscal years — 50.2 percentage points of standard deviation against 15.3.
3 of 4 comparable fiscal years — a year missing data on either side is not counted.
Year by year
SGHC led in return on equity in every one of the 3 comparable fiscal years — a structural lead, not a recent swing.
3 of 4 comparable fiscal years — a year missing data on either side is not counted.