CDLX Chart
About

Cardlytics, Inc. operates an advertising platform in the United States and the United Kingdom. The company offers Cardlytics platform, a proprietary native bank advertising channel that enables marketers to reach customers through digital channels, such as online, mobile applications, email, and various real-time notifications; and Bridg platform, a customer data platform which utilizes point-of-sale data from merchant data partners, including product-level purchase data to enable marketers to perform analytics and targeted loyalty marketing, as well as measure the impact of their marketing. Cardlytics, Inc. was incorporated in 2008 and is headquartered in Atlanta, Georgia.

Fundamentals
Scroll to Statements
Sector Communication Services Industry Advertising Agencies Market Cap 46.94M
Enterprise Value 224.41M Income -110.83M Sales 251.18M
Book/sh -0.09 Cash/sh 0.81 Dividend Yield —
Payout 0.00% Employees 367 IPO —
P/E — Forward P/E -2.80 PEG —
P/S 0.19 P/B -9.98 P/C —
EV/EBITDA -9.03 EV/Sales 0.89 Quick Ratio 1.09
Current Ratio 1.14 Debt/Eq — LT Debt/Eq —
EPS (ttm) -2.06 EPS next Y -0.31 EPS Growth —
Revenue Growth -22.40% Earnings 2026-03-04 ROA -9.00%
ROE -3.41% ROIC — Gross Margin 44.37%
Oper. Margin -18.62% Profit Margin -44.12% Shs Outstand 54.06M
Shs Float 47.04M Short Float 13.87% Short Ratio 6.96
Short Interest — 52W High 3.28 52W Low 0.80
Beta 1.03 Avg Volume 816.81K Volume 918.62K
Target Price $1.62 Recom None Prev Close $0.85
Price $0.87 Change 1.60%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$1.63
Mean price target
2. Current target
$0.87
Latest analyst target
3. DCF / Fair value
$-2.33
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$0.87
Low
$1.50
High
$2.00
Mean
$1.63

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-08-08 main Evercore ISI Group In-Line → In-Line $2
2025-05-08 main Lake Street Hold → Hold $3
2025-03-13 main Lake Street Hold → Hold $3
2025-03-13 main Evercore ISI Group In-Line → In-Line $3
2025-03-13 reit Needham Hold → Hold —
2025-01-17 reit Needham Hold → Hold —
2024-11-07 reit Needham — → Hold —
2024-10-11 init Evercore ISI Group — → In-Line $4
2024-08-16 down Northland Capital Markets Outperform → Market Perform $5
2024-08-15 down B of A Securities Neutral → Underperform $4
2024-08-08 main Northland Capital Markets Outperform → Outperform $7
2024-08-08 down Needham Buy → Hold —
2024-08-08 down Lake Street Buy → Hold $5
2024-06-18 init Northland Capital Markets — → Outperform $14
2024-06-11 reit Needham Buy → Buy $12
2024-05-09 main Craig-Hallum Buy → Buy $12
2024-05-09 main Needham Buy → Buy $12
2024-04-09 main Needham Buy → Buy $17
2024-03-15 main Lake Street Buy → Buy $18
2024-03-15 up Craig-Hallum Hold → Buy $18
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 97208 88765.0 — Sale at price 0.90 - 0.93 per share. GUPTA AMIT Chief Executive Officer — 2026-02-18 00:00:00 D
1 250000 nan — — GUPTA AMIT Chief Executive Officer — 2026-02-13 00:00:00 D
2 5807 6794.0 — Sale at price 1.17 per share. GUPTA AMIT Chief Executive Officer — 2026-01-05 00:00:00 D
3 8607 10070.0 — Sale at price 1.17 per share. DESIENO ALEXIS R. Chief Financial Officer — 2026-01-05 00:00:00 D
4 6253 7316.0 — Sale at price 1.17 per share. LYNTON NICHOLAS HOLLMEYER Officer — 2026-01-05 00:00:00 D
5 14349 nan — — GUPTA AMIT Chief Executive Officer — 2025-12-31 00:00:00 D
6 14349 nan — — DESIENO ALEXIS R. Chief Financial Officer — 2025-12-31 00:00:00 D
7 12788 nan — — LYNTON NICHOLAS HOLLMEYER Officer — 2025-12-31 00:00:00 D
8 6148 nan — — GUPTA SRISHTI A Director — 2025-10-30 00:00:00 D
9 8493 19288.0 — Sale at price 2.27 per share. DESIENO ALEXIS R. Chief Financial Officer — 2025-10-02 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems-72.13K-61.83K-952.99K-1.53M
TaxRateForCalcs0.000.000.000.06
NormalizedEBITDA-32.31M-30.30M-91.80M-61.20M
TotalUnusualItems-120.22M-68.70M-328.62M-27.01M
TotalUnusualItemsExcludingGoodwill-120.22M-68.70M-328.62M-27.01M
NetIncomeFromContinuingOperationNetMinorityInterest-189.30M-134.70M-465.26M-128.56M
ReconciledDepreciation27.88M29.52M43.74M35.65M
ReconciledCostOfRevenue155.22M175.77M179.71M157.99M
EBITDA-152.53M-99.00M-420.41M-88.21M
EBIT-180.40M-128.51M-464.15M-123.87M
NetInterestIncome-5.55M-2.34M-2.56M-12.56M
InterestExpense8.90M6.19M2.56M12.56M
InterestIncome3.35M3.85M1.44M297.00K
NormalizedIncome-69.16M-66.07M-137.60M-103.09M
NetIncomeFromContinuingAndDiscontinuedOperation-189.30M-134.70M-465.26M-128.56M
TotalExpenses341.83M372.87M434.08M363.97M
TotalOperatingIncomeAsReported-195.50M-135.67M-457.78M-122.60M
DilutedAverageShares48.36M36.49M33.42M32.20M
BasicAverageShares48.36M36.49M33.42M32.20M
DilutedEPS-3.91-3.69-13.92-3.99
BasicEPS-3.91-3.69-13.92-3.99
DilutedNIAvailtoComStockholders-189.30M-134.70M-465.26M-128.56M
NetIncomeCommonStockholders-189.30M-134.70M-465.26M-128.56M
NetIncome-189.30M-134.70M-465.26M-128.56M
NetIncomeIncludingNoncontrollingInterests-189.30M-134.70M-465.26M-128.56M
NetIncomeContinuousOperations-189.30M-134.70M-465.26M-128.56M
TaxProvision0.000.00-1.45M-7.86M
PretaxIncome-189.30M-134.70M-466.71M-136.43M
OtherIncomeExpense-120.22M-68.70M-328.62M-27.01M
SpecialIncomeCharges-118.95M-72.00M-322.24M-25.75M
GainOnSaleOfBusiness0.00-6.55M0.000.00
OtherSpecialCharges-13.02M
ImpairmentOfCapitalAssets131.59M70.52M453.29M0.00
RestructuringAndMergernAcquisition371.00K-5.07M-131.05M25.75M
GainOnSaleOfSecurity-1.27M3.30M-6.38M-1.27M
NetNonOperatingInterestIncomeExpense-5.55M-2.34M-2.56M-12.56M
InterestExpenseNonOperating8.90M6.19M2.56M12.56M
InterestIncomeNonOperating3.35M3.85M1.44M297.00K
OperatingIncome-63.53M-63.67M-135.54M-96.85M
OperatingExpense184.43M194.05M248.17M200.19M
DepreciationAmortizationDepletionIncomeStatement25.69M26.46M37.54M29.87M
DepreciationAndAmortizationInIncomeStatement25.69M26.46M37.54M29.87M
ResearchAndDevelopment49.61M51.35M54.44M38.10M
SellingGeneralAndAdministration109.13M116.23M156.19M132.22M
SellingAndMarketingExpense42.63M44.80M74.75M66.00M
GeneralAndAdministrativeExpense66.50M71.43M81.45M66.22M
OtherGandA43.77M49.27M81.45M66.22M
SalariesAndWages22.73M22.16M28.74M
GrossProfit120.89M130.38M112.63M103.34M
CostOfRevenue157.40M178.83M185.91M163.78M
TotalRevenue278.30M309.20M298.54M267.12M
OperatingRevenue278.30M309.20M298.54M267.12M
Line Item2024-12-312023-12-312022-12-312021-12-31
OrdinarySharesNumber51.26M39.73M33.48M33.53M
ShareIssued51.26M39.73M33.48M33.53M
NetDebt148.00M165.67M104.14M
TotalDebt221.65M266.02M235.26M197.23M
TangibleBookValue-134.15M-201.98M-214.52M-190.50M
InvestedCapital283.58M392.30M437.65M875.10M
WorkingCapital29.03M52.78M1.10M31.38M
NetTangibleAssets-134.15M-201.98M-214.52M-190.50M
CapitalLeaseObligations8.06M8.52M9.22M12.83M
CommonStockEquity69.99M134.80M211.60M690.70M
TotalCapitalization237.72M392.30M437.65M875.10M
TotalEquityGrossMinorityInterest69.99M134.80M211.60M690.70M
StockholdersEquity69.99M134.80M211.60M690.70M
GainsLossesNotAffectingRetainedEarnings3.60M2.47M5.60M486.00K
OtherEquityAdjustments3.60M2.47M5.60M486.00K
RetainedEarnings-1.30B-1.11B-976.57M-522.62M
AdditionalPaidInCapital1.37B1.24B1.18B1.21B
CapitalStock10.00K9.00K9.00K9.00K
CommonStock10.00K9.00K9.00K9.00K
TotalLiabilitiesNetMinorityInterest322.72M439.35M479.63M573.10M
TotalNonCurrentLiabilitiesNetMinorityInterest173.76M268.20M230.69M245.75M
OtherNonCurrentLiabilities4.24M54.38M
NonCurrentDeferredLiabilities0.0067.00K334.00K173.00K
NonCurrentDeferredRevenue0.0067.00K334.00K173.00K
LongTermDebtAndCapitalLeaseObligation173.76M263.89M230.35M191.20M
LongTermCapitalLeaseObligation6.03M6.39M4.31M6.80M
LongTermDebt167.73M257.50M226.05M184.40M
CurrentLiabilities148.96M171.15M248.94M327.35M
OtherCurrentLiabilities4.56M39.40M104.12M182.47M
CurrentDeferredLiabilities2.15M2.40M1.75M3.28M
CurrentDeferredRevenue2.15M2.40M1.75M3.28M
CurrentDebtAndCapitalLeaseObligation47.89M2.13M4.91M6.03M
CurrentCapitalLeaseObligation2.02M2.13M4.91M6.03M
CurrentDebt45.86M
OtherCurrentBorrowings45.86M
PensionandOtherPostRetirementBenefitPlansCurrent5.49M11.66M10.49M12.14M
PayablesAndAccruedExpenses88.86M115.56M127.68M123.44M
CurrentAccruedExpenses52.69M62.27M75.32M72.22M
Payables36.17M53.29M52.36M51.21M
DuetoRelatedPartiesCurrent32.48M48.87M48.59M46.59M
AccountsPayable3.69M4.42M3.77M4.62M
TotalAssets392.71M574.14M691.24M1.26B
TotalNonCurrentAssets214.73M350.14M441.19M905.07M
OtherNonCurrentAssets1.65M2.73M2.59M2.41M
NonCurrentDeferredAssets0.00
GoodwillAndOtherIntangibleAssets204.14M336.77M426.12M881.20M
OtherIntangibleAssets44.71M59.57M73.40M138.68M
Goodwill159.43M277.20M352.72M742.52M
NetPPE8.94M10.63M12.49M21.47M
AccumulatedDepreciation-9.65M-33.07M-29.52M-26.52M
GrossPPE18.59M43.70M42.01M47.99M
Leases2.03M8.51M7.86M7.69M
ConstructionInProgress0.0027.00K41.00K29.00K
OtherProperties6.34M7.31M6.57M10.20M
MachineryFurnitureEquipment10.22M27.85M27.53M30.08M
Properties0.000.000.000.00
CurrentAssets177.98M223.93M250.04M358.73M
OtherCurrentAssets5.34M6.10M7.98M7.98M
RestrictedCash0.0080.00K95.00K
PrepaidAssets7.98M
Receivables107.05M126.00M120.08M117.18M
OtherReceivables3.80M5.38M4.47M6.10M
AccountsReceivable103.25M120.62M115.61M111.08M
AllowanceForDoubtfulAccountsReceivable-5.75M-2.24M-1.81M-1.33M
GrossAccountsReceivable109.00M122.86M117.42M112.41M
CashCashEquivalentsAndShortTermInvestments65.59M91.83M121.91M233.47M
CashAndCashEquivalents65.59M91.83M121.91M233.47M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-28.12M-12.58M-67.39M-51.09M
RepurchaseOfCapitalStock0.000.00-40.00M0.00
RepaymentOfDebt-199.30M-31.00K-35.00K0.00
IssuanceOfDebt172.50M30.00M0.000.00
IssuanceOfCapitalStock48.65M55.00K379.00K486.39M
CapitalExpenditure-19.30M-12.39M-13.49M-12.56M
InterestPaidSupplementalData6.12M4.24M2.38M2.33M
IncomeTaxPaidSupplementalData0.00
EndCashPosition65.59M91.83M121.98M233.56M
BeginningCashPosition91.83M121.98M233.56M293.35M
EffectOfExchangeRateChanges-110.00K118.00K-1.93M-567.00K
ChangesInCash-26.13M-30.27M-109.65M-59.22M
FinancingCashFlow1.44M-20.03M-39.99M486.00M
CashFlowFromContinuingFinancingActivities1.44M-20.03M-39.99M486.00M
NetOtherFinancingCharges-20.40M-50.05M-331.00K-390.00K
NetCommonStockIssuance48.65M55.00K-39.62M486.39M
CommonStockPayments0.000.00-40.00M0.00
CommonStockIssuance48.65M55.00K379.00K486.39M
NetIssuancePaymentsOfDebt-26.80M29.97M-35.00K0.00
NetLongTermDebtIssuance-26.80M29.97M-35.00K0.00
LongTermDebtPayments-199.30M-31.00K-35.00K0.00
LongTermDebtIssuance172.50M30.00M0.000.00
InvestingCashFlow-18.75M-10.06M-15.76M-506.69M
CashFlowFromContinuingInvestingActivities-18.75M-10.06M-15.76M-506.69M
NetBusinessPurchaseAndSale552.00K2.33M-2.27M-494.13M
SaleOfBusiness552.00K2.33M0.000.00
PurchaseOfBusiness0.000.00-2.27M-494.13M
NetIntangiblesPurchaseAndSale0.000.00-175.00K-133.00K
PurchaseOfIntangibles0.000.00-175.00K-133.00K
NetPPEPurchaseAndSale-1.56M-667.00K-1.17M-3.11M
PurchaseOfPPE-1.56M-667.00K-1.17M-3.11M
CapitalExpenditureReported-17.74M-11.72M-12.14M-9.32M
OperatingCashFlow-8.82M-185.00K-53.90M-38.52M
CashFlowFromContinuingOperatingActivities-8.82M-185.00K-53.90M-38.52M
ChangeInWorkingCapital-15.77M-13.47M-11.32M-6.70M
ChangeInOtherCurrentLiabilities-23.48M-988.00K3.10M22.35M
ChangeInOtherCurrentAssets0.00
ChangeInPayablesAndAccruedExpense-6.14M-7.25M-10.41M355.00K
ChangeInAccruedExpense-6.64M-7.49M-9.52M-905.00K
ChangeInPayable499.00K239.00K-893.00K1.26M
ChangeInAccountPayable499.00K239.00K-893.00K1.26M
ChangeInPrepaidAssets1.36M2.49M535.00K-1.47M
ChangeInReceivables12.50M-7.72M-4.55M-27.94M
OtherNonCashItems9.43M428.00K-117.59M18.68M
StockBasedCompensation40.37M40.98M44.69M50.26M
AssetImpairmentCharge131.59M70.52M453.29M0.00
DeferredTax0.000.00-1.45M-7.86M
DeferredIncomeTax0.000.00-1.45M-7.86M
DepreciationAmortizationDepletion27.88M29.52M43.74M35.65M
DepreciationAndAmortization27.88M29.52M43.74M35.65M
Depreciation27.88M29.52M43.74M35.65M
OperatingGainsLosses-13.02M6.55M
GainLossOnSaleOfBusiness0.006.55M0.000.00
NetIncomeFromContinuingOperations-189.30M-134.70M-465.26M-128.56M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for CDLX
Date User Asset Broker Type Position Size Entry Price Patterns