NASDAQ$CDLX

Cardlytics Inc · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

Cardlytics's Q4 2022 performance aligned with guidance, demonstrating double-digit year-over-year growth despite macro headwinds.

Cardlytics reported a decrease in total revenue for Q4 2022, with a net loss attributable to common stockholders. However, the company saw an increase in MAUs and Bridg ARR.

  • Total revenue decreased by 8.4% to $82.5 million compared to Q4 2021.
  • Net loss attributable to common stockholders was $(378.3) million, or $(11.32) per diluted share.
  • Non-GAAP net loss was $(9.7) million, or $(0.29) per diluted share.
  • Cardlytics MAUs increased by 4.2% to 182.7 million compared to Q4 2021.

Headline financials

Total Revenue

$82.5M

Previous: $90M-8.4%
EPS (adj)

-$0.29

Previous: -$0.15-93.3%
Capital Expenditures

$81K

Previous: $963K-91.6%
Free Cash Flow

-$13.2M

Previous: -$1.52M-768.4%
Net Income

-$378M

Previous: -$11.8M-3096.5%
Operating Income

-$383M

Previous: -$16.4M-2232.0%
Gross Profit

$33.4M

Previous: $36.2M-7.6%
Cash & Equivalents

$122M

Previous: $233M-47.8%
Total Assets

$691M

Previous: $1.26B-45.3%
Stock-Based Comp

$12.5M

Previous: $12.8M-2.8%

Revenue & EPS history

Cardlytics · Revenue · Quarterly

$82.5M

Q4 2022-8.4%vs Q4 2021
Beat estimate in 9 of 14 quarters(64%)
ActualEstimate

Forward guidance

Cardlytics anticipates billings, revenue, and adjusted contribution to be in the following ranges for Q1 2023.

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 2022

Historical avgQ4 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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