NASDAQ$CDLX

Cardlytics Inc · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Cardlytics reported an increase in revenue and MAUs, but also a larger net loss compared to the same quarter last year.

Cardlytics announced financial results for the second quarter ended June 30, 2022, revealing a 28% increase in revenue year-over-year to $75.4 million. However, the net loss attributable to common stockholders significantly increased to $(126.3) million, or $(3.75) per diluted share, compared to $(47.3) million, or $(1.43) per diluted share, in the second quarter of 2021.

  • Revenue increased by 28% year-over-year, reaching $75.4 million.
  • Cardlytics MAUs increased by 7% year-over-year, totaling 179.9 million.
  • Cardlytics ARPU increased by 12% year-over-year, reaching $0.38.
  • Net loss attributable to common stockholders was $(126.3) million, or $(3.75) per diluted share.

Headline financials

Total Revenue

$75.4M

Previous: $58.9M+28.1%
EPS (adj)

-$0.65

Previous: -$0.39-66.7%
Capital Expenditures

-$889K

No prior period
Free Cash Flow

-$127M

No prior period
Net Income

-$126M

Previous: -$47.3M-167.0%
Operating Income

-$122M

Previous: -$42.7M-186.1%
Gross Profit

$75.4M

Previous: $23.2M+225.0%
Cash & Equivalents

$157M

Previous: $251M-37.3%
Total Assets

$1.09B

Previous: $1.23B-11.6%
Stock-Based Comp

$12.8M

No prior period

Revenue & EPS history

Cardlytics · Revenue · Quarterly

$75.4M

Q2 2022+28.1%vs Q2 2021
Beat estimate in 9 of 14 quarters(64%)
ActualEstimate

Forward guidance

Cardlytics expects year-over-year growth of approximately 10 to 15% in the back half 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 Q2 2022

Historical avgQ2 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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