NASDAQ : CDLX
Cardlytics, Inc. — Financial statements
Communication Services · Advertising Agencies · United States
Last price 1.78 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 10.48M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Cardlytics, Inc. (CDLX) reported revenue of 190.00M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 190.00M | 233.27M | 278.30M | 309.20M | 298.54M | 267.12M |
| Cost of Revenue | 97.13M | 128.66M | 157.40M | 178.83M | 184.01M | 162.72M |
| Gross Profit | 92.86M | 104.61M | 120.89M | 130.38M | 114.53M | 104.40M |
| Selling, General & Admin | 71.74M | 86.75M | 109.13M | 116.23M | 151.59M | 131.82M |
| Research & Development | 31.59M | 39.77M | 49.61M | 51.35M | 52.84M | 37.80M |
| Operating Expenses | 127.99M | 151.75M | 184.43M | 194.05M | 241.97M | 199.49M |
| Operating Income | -35.12M | -47.14M | -63.53M | -63.67M | -127.44M | -95.09M |
| Interest Expense | -11.14M | -10.63M | -8.90M | -2.56M | -12.56M | |
| Interest & Investment Income | 2.19M | 2.71M | 3.35M | |||
| Currency Exchange Gain (Loss) | -3.37M | 6.25M | -1.27M | 3.30M | -6.38M | -1.27M |
| Other Non Operating Income (Expenses) | -2.00K | -2.34M | ||||
| EBT Excluding Unusual Items | -47.45M | -48.81M | -70.36M | -62.70M | -136.37M | -108.92M |
| Merger & Restructuring Charges | -561.00K | -561.00K | -161.00K | 6.31M | -5.23M | -25.17M |
| Impairment of Goodwill | -49.12M | -49.12M | -117.77M | -70.52M | -396.24M | |
| Gain (Loss) on Sale of Assets | -319.00K | 4.83M | -6.55M | |||
| Asset Writedown | -9.72M | -9.72M | -13.82M | -57.05M | -959.00K | |
| Other Unusual Items | -102.00K | 12.81M | -1.25M | 128.17M | -1.37M | |
| Pretax Income | -109.56M | -103.49M | -189.30M | -134.70M | -466.71M | -136.43M |
| Income Tax Expense | -1.45M | -7.86M | ||||
| Net Income | -100.28M | -103.49M | -189.30M | -134.70M | -465.26M | -128.56M |
| Net Income to Common | -100.28M | -103.49M | -189.30M | -134.70M | -465.26M | -128.56M |
| Shares Outstanding (Basic) | 5.51M | 5.31M | 4.84M | 3.65M | 3.34M | 3.22M |
| Shares Outstanding (Diluted) | 5.51M | 5.31M | 4.84M | 3.65M | 3.34M | 3.22M |
| EPS (Basic) | -18.20 | -19.48 | -39.14 | -36.92 | -139.22 | -39.92 |
| EPS (Diluted) | -18.20 | -19.48 | -39.14 | -36.92 | -139.22 | -39.92 |
| Free Cash Flow | 463.00K | 8.81M | -10.39M | -852.00K | -55.08M | -41.63M |
| Free Cash Flow Per Share | 0.08 | 1.66 | -2.15 | -0.23 | -16.48 | -12.93 |
| Gross Margin | 48.88% | 44.85% | 43.44% | 42.17% | 38.36% | 39.08% |
| Operating Margin | -18.49% | -20.21% | -22.83% | -20.59% | -42.69% | -35.60% |
| Profit Margin | -52.78% | -44.36% | -68.02% | -43.56% | -155.84% | -48.13% |
| Free Cash Flow Margin | 0.24% | 3.78% | -3.73% | -0.28% | -18.45% | -15.58% |
| EBITDA | -13.97M | -21.90M | -37.84M | -37.21M | -89.89M | -65.22M |
| EBITDA Margin | -7.35% | -9.39% | -13.60% | -12.03% | -30.11% | -24.42% |
| D&A For EBITDA | 21.16M | 25.24M | 25.69M | 26.46M | 37.54M | 29.87M |
| EBIT | -35.12M | -47.14M | -63.53M | -63.67M | -127.44M | -95.09M |
| EBIT Margin | -18.49% | -20.21% | -22.83% | -20.59% | -42.69% | -35.60% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 28.04M | 48.72M | 65.59M | 91.83M | 121.91M | 233.47M |
| Cash & Short-Term Investments | 28.04M | 48.72M | 65.59M | 91.83M | 121.91M | 233.47M |
| Accounts Receivable | 67.64M | 82.67M | 103.25M | 120.62M | 115.61M | 111.08M |
| Other Receivables | 2.85M | 2.59M | 3.80M | 5.38M | 4.47M | 6.10M |
| Receivables | 70.50M | 85.26M | 107.05M | 126.00M | 120.08M | 117.18M |
| Prepaid Expenses | 2.53M | 3.30M | 5.34M | 6.10M | 7.98M | 7.98M |
| Restricted Cash | 80.00K | 95.00K | ||||
| Total Current Assets | 101.07M | 137.28M | 177.98M | 223.93M | 250.04M | 358.73M |
| Property, Plant & Equipment | 5.71M | 6.97M | 8.94M | 10.63M | 12.49M | 21.47M |
| Goodwill | 110.31M | 110.31M | 159.43M | 277.20M | 352.72M | 742.52M |
| Other Intangible Assets | 16.58M | 29.77M | 44.71M | 59.65M | 73.40M | 138.68M |
| Long-Term Accounts Receivable | 26.00K | |||||
| Long-Term Deferred Charges | 149.00K | 221.00K | 59.00K | 198.00K | 139.00K | |
| Other Long-Term Assets | 1.12M | 1.17M | 1.43M | 2.68M | 2.39M | 2.24M |
| Total Assets | 234.78M | 285.64M | 392.71M | 574.14M | 691.24M | 1.26B |
| Accounts Payable | 1.25M | 3.36M | 3.69M | 4.42M | 3.77M | 4.62M |
| Accrued Expenses | 38.96M | 45.97M | 58.18M | 73.92M | 85.77M | 84.32M |
| Current Portion of Long-Term Debt | 45.86M | |||||
| Current Portion of Leases | 1.45M | 1.61M | 2.02M | 2.14M | 4.95M | 6.06M |
| Current Unearned Revenue | 2.19M | 2.59M | 2.15M | 2.40M | 1.75M | 3.28M |
| Other Current Liabilities | 18.50M | 24.86M | 37.04M | 88.27M | 152.71M | 229.06M |
| Total Current Liabilities | 62.35M | 78.39M | 148.96M | 171.15M | 248.94M | 327.35M |
| Long-Term Debt | 184.41M | 208.92M | 167.73M | 257.50M | 226.05M | 184.40M |
| Long-Term Leases | 4.03M | 4.79M | 6.03M | 6.39M | 4.31M | 6.85M |
| Long-Term Unearned Revenue | 52.00K | 67.00K | 334.00K | 173.00K | ||
| Other Long-Term Liabilities | 4.24M | 54.33M | ||||
| Total Liabilities | 250.79M | 292.15M | 322.72M | 439.35M | 479.63M | 573.10M |
| Common Stock | 10.00K | 10.00K | 10.00K | 9.00K | 9.00K | 9.00K |
| Additional Paid-In Capital | 1.41B | 1.40B | 1.37B | 1.24B | 1.18B | 1.21B |
| Retained Earnings | -1.42B | -1.40B | -1.30B | -1.11B | -976.57M | -522.62M |
| Comprehensive Income & Other | -676.00K | -2.00M | 3.60M | 2.47M | 5.60M | 486.00K |
| Total Common Equity | -16.00M | -6.51M | 69.99M | 134.80M | 211.60M | 690.70M |
| Shareholders' Equity | -16.00M | -6.51M | 69.99M | 134.80M | 211.60M | 690.70M |
| Total Liabilities & Equity | 234.78M | 285.64M | 392.71M | 574.14M | 691.24M | 1.26B |
| Total Debt | 189.89M | 215.31M | 221.65M | 266.03M | 235.30M | 197.31M |
| Net Cash (Debt) | -161.85M | -166.59M | -156.06M | -174.20M | -113.40M | 36.15M |
| Net Cash Per Share | -29.38 | -31.37 | -32.27 | -47.74 | -33.93 | 11.23 |
| Filing Date Shares Outstanding | 5.89M | 5.51M | 5.21M | 4.41M | 3.36M | 3.37M |
| Total Common Shares Outstanding | 5.81M | 5.45M | 5.13M | 3.97M | 3.35M | 3.35M |
| Working Capital | 38.72M | 58.89M | 29.03M | 52.78M | 1.10M | 31.38M |
| Book Value Per Share | -2.76 | -1.19 | 13.66 | 33.93 | 63.21 | 205.97 |
| Tangible Book Value | -142.89M | -146.58M | -134.15M | -202.05M | -214.52M | -190.50M |
| Tangible Book Value Per Share | -24.60 | -26.89 | -26.17 | -50.86 | -64.08 | -56.81 |
| Machinery | 4.78M | 10.22M | 27.85M | 27.53M | 30.08M | |
| Construction In Progress | 27.00K | 41.00K | 29.00K | |||
| Leasehold Improvements | 1.98M | 2.03M | 8.51M | 7.86M | 7.69M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -100.28M | -103.49M | -189.30M | -134.70M | -465.26M | -128.56M |
| Depreciation & Amortization | 22.68M | 27.41M | 27.88M | 29.52M | 43.74M | 35.65M |
| Other Amortization | 1.38M | 1.52M | 1.63M | 1.65M | 1.59M | 14.27M |
| Loss (Gain) From Sale of Assets | -13.54M | -4.83M | 6.55M | |||
| Asset Writedown & Restructuring Costs | 58.84M | 58.84M | 131.59M | 70.52M | 453.29M | |
| Stock-Based Compensation | 19.12M | 28.13M | 40.37M | 40.98M | 44.69M | 50.26M |
| Provision & Write-off of Bad Debts | 1.07M | 2.13M | 6.11M | 1.70M | 2.40M | 1.70M |
| Other Operating Activities | 3.42M | -6.14M | -11.33M | -2.92M | -123.03M | -5.15M |
| Change in Accounts Receivable | 23.70M | 20.64M | 12.50M | -7.72M | -4.55M | -27.94M |
| Change in Accounts Payable | -148.00K | 179.00K | 499.00K | 239.00K | -893.00K | 1.26M |
| Change in Other Net Operating Assets | -18.09M | -15.11M | -28.77M | -5.99M | -5.88M | 19.98M |
| Operating Cash Flow | 532.00K | 9.29M | -8.82M | -185.00K | -53.90M | -38.52M |
| Capital Expenditures | -69.00K | -480.00K | -1.56M | -667.00K | -1.17M | -3.11M |
| Cash Acquisitions | -2.27M | -494.13M | ||||
| Divestitures | 280.00K | 480.00K | 552.00K | 2.33M | ||
| Sale (Purchase) of Intangibles | -11.36M | -15.30M | -17.74M | -11.72M | -12.31M | -9.46M |
| Investing Cash Flow | 11.88M | -15.30M | -18.75M | -10.06M | -15.76M | -506.69M |
| Long-Term Debt Issued | 56.00M | 172.50M | 30.00M | |||
| Long-Term Debt Repaid | -62.00M | -199.30M | -31.00K | -35.00K | ||
| Net Debt Issued (Repaid) | -31.07M | -6.00M | -26.80M | 29.97M | -35.00K | |
| Issuance of Common Stock | 48.65M | 55.00K | 379.00K | 486.39M | ||
| Repurchase of Common Stock | -40.00M | |||||
| Other Financing Activities | -59.00K | -5.12M | -20.40M | -50.05M | -331.00K | -390.00K |
| Financing Cash Flow | -31.13M | -11.12M | 1.44M | -20.03M | -39.99M | 486.00M |
| Foreign Exchange Rate Adjustments | 12.00K | 259.00K | -110.00K | 118.00K | -1.93M | -567.00K |
| Net Cash Flow | -18.71M | -16.88M | -26.24M | -30.16M | -111.58M | -59.79M |
| Free Cash Flow | 463.00K | 8.81M | -10.39M | -852.00K | -55.08M | -41.63M |
| Free Cash Flow Margin | 0.24% | 3.78% | -3.73% | -0.28% | -18.45% | -15.58% |
| Free Cash Flow Per Share | 0.08 | 1.66 | -2.15 | -0.23 | -16.48 | -12.93 |
| Levered Free Cash Flow | 13.79M | 4.72M | -42.93M | -58.99M | -84.88M | 232.17M |
| Unlevered Free Cash Flow | 19.38M | 9.84M | -39.00M | -60.64M | -84.88M | 229.54M |
| Cash Interest Paid | 9.90M | 9.26M | 6.12M | 4.24M | 2.38M | 2.33M |
| Change in Working Capital | 5.46M | 5.71M | -15.77M | -13.47M | -11.32M | -6.70M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 12.22M | 62.17M | 188.55M | 361.53M | 191.70M | 2.20B |
| Enterprise Value | 174.07M | 239.64M | 343.51M | 533.76M | 290.14M | 2.16B |
| Last Close Price | 2.08 | 11.50 | 37.10 | 92.10 | 57.80 | 660.90 |
| Forward PE | 210.15 | 210.15 | 20.43 | |||
| PS Ratio | 0.06 | 0.27 | 0.68 | 1.17 | 0.64 | 8.23 |
| PB Ratio | -9.55 | 2.69 | 2.68 | 0.91 | 3.18 | |
| P/FCF Ratio | 26.39 | 7.06 | ||||
| P/OCF Ratio | 22.97 | 6.69 | ||||
| PEG Ratio | 71.77 | 71.77 | 71.77 | 71.77 | 71.77 | |
| EV/Sales Ratio | 0.92 | 1.03 | 1.23 | 1.73 | 0.97 | 8.07 |
| EV/FCF Ratio | 375.95 | 27.20 | ||||
| Debt / Equity Ratio | -11.87 | -33.09 | 3.17 | 1.97 | 1.11 | 0.29 |
| Debt / FCF Ratio | 410.12 | 24.44 | ||||
| Net Debt / Equity Ratio | -10.11 | -25.60 | 2.23 | 1.29 | 0.54 | -0.05 |
| Net Debt / EBITDA Ratio | -11.59 | -7.61 | -4.12 | -4.68 | -1.26 | 0.55 |
| Net Debt / FCF Ratio | 349.56 | 18.91 | -15.03 | -204.46 | -2.06 | 0.87 |
| Asset Turnover | 0.64 | 0.69 | 0.58 | 0.49 | 0.30 | 0.32 |
| Quick Ratio | 1.58 | 1.71 | 1.16 | 1.27 | 0.97 | 1.07 |
| Current Ratio | 1.62 | 1.75 | 1.20 | 1.31 | 1.00 | 1.10 |
| Return on Equity (ROE) | -513.16% | -326.02% | -184.88% | -77.77% | -103.13% | -30.33% |
| Return on Assets (ROA) | -7.37% | -8.69% | -8.21% | -6.29% | -8.15% | -7.05% |
| Return on Capital Employed (ROCE) | -20.40% | -22.70% | -26.10% | -15.80% | -28.80% | -10.20% |
| Earnings Yield | -877.26% | -166.47% | -100.40% | -37.26% | -242.71% | -5.85% |
| FCF Yield | 3.79% | 14.17% | -5.51% | -0.24% | -28.73% | -1.89% |
| Buyback Yield / Dilution | -7.12% | -9.83% | -32.54% | -9.18% | -3.78% | -18.33% |