NASDAQ$CDLX

Cardlytics Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Cardlytics reported strong Q4 2021 results, exceeding guidance for billings, revenue, and adjusted contribution, driven by growth across advertiser verticals.

Cardlytics' Q4 2021 financial results showed a 34.2% increase in total revenue to $90.0 million compared to Q4 2020. The company reported a net loss of $(11.8) million, or $(0.35) per diluted share. Billings increased by 42.6% to $134.0 million, and adjusted contribution rose by 48.5% to $44.0 million.

  • Total revenue increased by 34.2% to $90.0 million compared to Q4 2020.
  • Net loss attributable to common stockholders was $(11.8) million, or $(0.35) per diluted share.
  • Billings increased by 42.6% to $134.0 million compared to Q4 2020.
  • Cardlytics MAUs were 175.4 million, an increase of 7.2% compared to Q4 2020.

Headline financials

Total Revenue

$90M

Previous: $67.1M+34.2%
EPS (adj)

-$0.15

Previous: -$0.05-200.0%
Capital Expenditures

$963K

Previous: $2.72M-64.6%
Free Cash Flow

-$1.52M

Previous: $2.9M-152.4%
Net Income

-$11.8M

Previous: -$6.78M-74.6%
Operating Income

-$16.4M

Previous: -$6.12M-168.3%
Gross Profit

$36.2M

Previous: $24.8M+45.9%
Cash & Equivalents

$233M

Previous: $293M-20.4%
Total Assets

$1.26B

Previous: $423M+199.1%
Stock-Based Comp

$12.8M

Previous: $7.59M+69.4%

Revenue & EPS history

Cardlytics · Revenue · Quarterly

$90M

Q4 2021+34.2%vs Q4 2020
Beat estimate in 9 of 16 quarters(56%)
ActualEstimate

Forward guidance

The company expects that a consistent, broad recovery across all verticals would enable it to exceed its expected long-term growth rate target of 30%.

Tailwinds

  • Consistent recovery across all verticals expected.
  • Potential to exceed long-term growth rate target of 30%.
  • Expanding range of offerings.
  • Expanding addressable markets.
  • Strong business model.

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 Q4 2021

Historical avgQ4 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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