NASDAQ$CDLX

Cardlytics Inc · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

Cardlytics reported strong Q1 2021 financial results with revenue exceeding expectations, driven by positive business trajectory and strategic acquisitions.

Cardlytics announced a 17% year-over-year increase in revenue, reaching $53.2 million for Q1 2021. The company's performance reflects a continued positive trajectory, further enhanced by the Dosh acquisition and the anticipated benefits from the upcoming Bridg acquisition.

  • Revenue increased by 17% year-over-year, reaching $53.2 million.
  • Billings increased by 13% year-over-year, totaling $76.3 million.
  • Gross profit increased by 22% year-over-year, amounting to $19.5 million.
  • MAUs increased by 20% year-over-year, reaching 168.6 million.

Headline financials

Total Revenue

$53.2M

Previous: $45.5M+17.0%
EPS (adj)

-$0.34

Previous: -$0.26-30.8%
Capital Expenditures

-$1.38M

Previous: -$492K-179.9%
Free Cash Flow

-$26.3M

Previous: -$14M-87.3%
Net Income

-$24.9M

Previous: -$13.5M-84.0%
Operating Income

-$22.2M

Previous: -$11.9M-85.8%
Gross Profit

$53.2M

Previous: $45.5M+17.0%
Cash & Equivalents

$614M

Previous: $102M+500.5%
Total Assets

$1.02B

Previous: $206M+396.4%
Stock-Based Comp

$7.25M

No prior period

Revenue & EPS history

Cardlytics · Revenue · Quarterly

$53.2M

Q1 2021+17%vs Q1 2020
Beat estimate in 6 of 16 quarters(38%)
ActualEstimate

Forward guidance

Cardlytics anticipates billings, revenue, and adjusted contribution to be in the following ranges (in millions):

Tailwinds

  • Q2 2021 Billings Guidance: $85.0 - $95.0
  • Q2 2021 Revenue Guidance: $58.0 - $65.0
  • Q2 2021 Adjusted contribution Guidance: $26.0 - $30.0
  • FY 2021 Billings Guidance: $380.0 - $420.0
  • FY 2021 Revenue Guidance: $260.0 - $285.0

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2021

Historical avgQ1 2021

-6.1%

Avg return

Earnings day

-6.2%

Avg return

5 days after

+14.5%

Avg return

30 days after

47%

16 / 34 earnings

Positive

+68.6%

Q4 2023

Best reaction

-59.6%

Q2 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-2.0%-15.0%+654.7%
Q4 2025-9.9%-21.8%+25.6%
Q3 2025-28.5%-16.5%-37.5%
Q1 2025-13.0%-2.8%-17.1%
Q4 2024+4.5%+18.7%-25.3%
Q3 2024-13.2%-3.0%-15.8%
Q2 2024-59.6%-51.9%-53.1%
Q1 2024-39.8%-40.8%-43.4%
Q4 2023+68.6%+64.0%+57.8%
Q3 2023-55.7%-47.6%-40.1%
Q2 2023+15.7%+21.2%+42.8%
Q1 2023-26.0%-29.4%-29.9%
Q4 2022-10.8%-9.4%-37.7%
Q3 2022-52.2%-51.2%-52.9%
Q2 2022+18.3%+10.6%-7.6%
Q1 2022+10.2%-8.5%-24.2%
Q4 2021+5.7%-7.1%-5.2%
Q3 2021+6.7%+8.3%-20.4%
Q2 2021-32.5%-29.2%-22.3%
Q1 2021-20.6%-24.8%-24.2%
Q4 2020+1.2%-3.3%-17.2%
Q3 2020+2.9%+22.7%+56.5%
Q2 2020-9.1%-8.9%+0.8%
Q1 2020+13.0%+8.9%+50.9%
Q4 2019-36.4%-43.7%-64.3%
Q3 2019+43.6%+42.9%+44.4%
Q2 2019+20.0%+24.1%+39.8%
Q1 2019+20.9%+14.8%+47.1%
Q4 2018-5.6%-11.7%-7.2%
Q3 2018-24.9%-19.9%-29.3%
Q2 2018+0.3%+3.0%+27.3%
Q2 2017+0.3%+3.0%+27.3%
Q1 2018-1.0%-7.4%+6.5%
Q4 2017+1.0%+0.5%-13.6%
Q3 2017
Q1 2017
Q4 2016
Q3 2016
Q2 2016
Q1 2016

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