NASDAQ$CDLX

Cardlytics Inc · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

Cardlytics' Q1 2022 financial results were announced, revealing revenue above expectations and the largest Q1 ever.

Cardlytics reported a strong Q1 2022 with revenue of $67.9 million, a 28% increase year-over-year. The company achieved net income attributable to common stockholders of $33.0 million, or $0.91 per diluted share, compared to a net loss of $(24.9) million, or $(0.85) per diluted share in the first quarter of 2021.

  • Revenue increased by 28% year-over-year to $67.9 million.
  • Billings increased by 29% year-over-year to $98.2 million.
  • Net income attributable to common stockholders was $33.0 million, or $0.91 per diluted share.
  • Cardlytics MAUs increased by 6% year-over-year to 178.5 million and ARPU increased by 13% year-over-year to $0.36.

Headline financials

Total Revenue

$67.9M

Previous: $53.2M+27.6%
EPS (adj)

-$0.38

Previous: -$0.34-11.8%
Capital Expenditures

-$397K

Previous: -$1.38M+71.2%
Free Cash Flow

$32.6M

Previous: -$26.3M+224.2%
Net Income

$33M

Previous: -$24.9M+232.7%
Operating Income

$35.7M

Previous: -$22.2M+260.8%
Gross Profit

$67.9M

Previous: $53.2M+27.6%
Cash & Equivalents

$208M

Previous: $614M-66.1%
Total Assets

$1.23B

Previous: $1.02B+20.3%
Stock-Based Comp

$13.6M

Previous: $7.25M+87.4%

Revenue & EPS history

Cardlytics · Revenue · Quarterly

$67.9M

Q1 2022+27.6%vs Q1 2021
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

Forward guidance

Cardlytics anticipates billings to be between $106.0 million and $116.0 million, revenue to be between $73.0 million and $80.0 million, and adjusted contribution to be between $36.5 million and $40.5 million for the second quarter of 2022.

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 2022

Historical avgQ1 2022

-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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