NASDAQ$CDLX

Cardlytics Inc · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

Cardlytics' Q3 2021 financial results were announced, showing revenue above guidance and continued progress on product and technology initiatives.

Cardlytics reported a solid third quarter in 2021 with revenue of $65.0 million, a 41% increase year-over-year, and billings of $98.4 million, a 59% increase year-over-year. The company's key metrics, including MAUs and ARPU, also saw growth, and Bridg ARR reached $12.7 million.

  • Revenue increased by 41% year-over-year to $65.0 million.
  • Billings increased by 59% year-over-year to $98.4 million.
  • Gross profit increased by 68% year-over-year to $24.5 million.
  • Cardlytics MAUs increased by 6% year-over-year to 170.6 million, and ARPU increased by 24% year-over-year to $0.36.

Headline financials

Total Revenue

$65M

Previous: $46.1M+41.0%
EPS (adj)

-$0.33

Previous: -$0.16-106.3%
Capital Expenditures

-$2.15M

Previous: -$2.69M+20.3%
Free Cash Flow

-$46.7M

Previous: -$18M-158.6%
Net Income

-$44.5M

Previous: -$15.4M-190.0%
Operating Income

-$39.8M

Previous: -$16.1M-146.6%
Gross Profit

$65M

Previous: $46.1M+41.0%
Cash & Equivalents

$237M

Previous: $288M-17.5%
Total Assets

$1.22B

Previous: $389M+214.5%
Stock-Based Comp

$16.8M

Previous: $11.6M+45.4%

Revenue & EPS history

Cardlytics · Revenue · Quarterly

$65M

Q3 2021+41%vs Q3 2020
Beat estimate in 8 of 16 quarters(50%)
ActualEstimate

Forward guidance

Cardlytics anticipates for Q4 2021 billings to be in the range of $105.0 - $120.0 million and revenue to be in the range of $70.0 - $80.0 million.

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 Q3 2021

Historical avgQ3 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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