CDLX Chart
About

Cardlytics, Inc. operates an advertising platform in the United States and the United Kingdom. The company provides 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 40.20M
Enterprise Value 206.79M Income -103.49M Sales 233.27M
Book/sh -0.12 Cash/sh 0.89 Dividend Yield
Payout 0.00% Employees 275 IPO
P/E Forward P/E -1.92 PEG
P/S 0.17 P/B -6.14 P/C
EV/EBITDA -9.44 EV/Sales 0.89 Quick Ratio 1.71
Current Ratio 1.75 Debt/Eq LT Debt/Eq
EPS (ttm) -1.95 EPS next Y -0.38 EPS Growth
Revenue Growth -24.20% Earnings 2026-05-06 ROA -8.69%
ROE -3.26% ROIC Gross Margin 44.85%
Oper. Margin -9.87% Profit Margin -44.36% Shs Outstand 55.05M
Shs Float 48.04M Short Float 14.46% Short Ratio 8.66
Short Interest 52W High 3.28 52W Low 0.66
Beta 1.09 Avg Volume 814.46K Volume 626.22K
Target Price $1.04 Recom Hold Prev Close $0.70
Price $0.73 Change 4.75%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$1.04
Mean price target
2. Current target
$0.73
Latest analyst target
3. DCF / Fair value
$1.54
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$0.73
Low
$0.90
High
$1.25
Mean
$1.04

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 8607 10070.0 Sale at price 1.17 per share. DESIENO ALEXIS R. Chief Financial Officer 2026-01-05 00:00:00 D
3 6253 7316.0 Sale at price 1.17 per share. LYNTON NICHOLAS HOLLMEYER Officer 2026-01-05 00:00:00 D
4 5807 6794.0 Sale at price 1.17 per share. GUPTA AMIT Chief Executive Officer 2026-01-05 00:00:00 D
5 14349 nan DESIENO ALEXIS R. Chief Financial Officer 2025-12-31 00:00:00 D
6 12788 nan LYNTON NICHOLAS HOLLMEYER Officer 2025-12-31 00:00:00 D
7 14349 nan GUPTA AMIT Chief Executive Officer 2025-12-31 00:00:00 D
8 6148 nan GUPTA SRISHTI A Director 2025-10-30 00:00:00 D
9 6098 13849.0 Sale at price 2.27 per share. LYNTON NICHOLAS HOLLMEYER Officer 2025-10-02 00:00:00 D
Financials
Line Item2025-12-312024-12-312023-12-312022-12-31
TaxEffectOfUnusualItems0.000.00-61.83K-952.99K
TaxRateForCalcs0.000.000.000.00
NormalizedEBITDA-15.59M-32.31M-30.30M-91.80M
TotalUnusualItems-49.86M-120.22M-68.70M-328.62M
TotalUnusualItemsExcludingGoodwill-49.86M-120.22M-68.70M-328.62M
NetIncomeFromContinuingOperationNetMinorityInterest-103.49M-189.30M-134.70M-465.26M
ReconciledDepreciation27.41M27.88M29.52M43.74M
ReconciledCostOfRevenue126.50M155.22M175.77M179.71M
EBITDA-65.45M-152.53M-99.00M-420.41M
EBIT-92.86M-180.40M-128.51M-464.15M
NetInterestIncome-7.92M-5.55M-2.34M-2.56M
InterestExpense10.63M8.90M6.19M2.56M
InterestIncome2.71M3.35M3.85M1.44M
NormalizedIncome-53.62M-69.09M-66.07M-137.60M
NetIncomeFromContinuingAndDiscontinuedOperation-103.49M-189.30M-134.70M-465.26M
TotalExpenses278.98M341.83M372.87M434.08M
TotalOperatingIncomeAsReported-101.82M-195.50M-135.67M-457.78M
DilutedAverageShares53.11M48.36M36.49M33.42M
BasicAverageShares53.11M48.36M36.49M33.42M
DilutedEPS-1.95-3.91-3.69-13.92
BasicEPS-1.95-3.91-3.69-13.92
DilutedNIAvailtoComStockholders-103.49M-189.30M-134.70M-465.26M
NetIncomeCommonStockholders-103.49M-189.30M-134.70M-465.26M
NetIncome-103.49M-189.30M-134.70M-465.26M
NetIncomeIncludingNoncontrollingInterests-103.49M-189.30M-134.70M-465.26M
NetIncomeContinuousOperations-103.49M-189.30M-134.70M-465.26M
TaxProvision0.000.000.00-1.45M
PretaxIncome-103.49M-189.30M-134.70M-466.71M
OtherIncomeExpense-49.86M-120.22M-68.70M-328.62M
SpecialIncomeCharges-56.11M-118.95M-72.00M-322.24M
GainOnSaleOfBusiness4.83M0.00-6.55M0.00
OtherSpecialCharges-13.02M
ImpairmentOfCapitalAssets58.84M131.59M70.52M453.29M
RestructuringAndMergernAcquisition2.10M371.00K-5.07M-131.05M
GainOnSaleOfSecurity6.25M-1.27M3.30M-6.38M
NetNonOperatingInterestIncomeExpense-7.92M-5.55M-2.34M-2.56M
InterestExpenseNonOperating10.63M8.90M6.19M2.56M
InterestIncomeNonOperating2.71M3.35M3.85M1.44M
OperatingIncome-45.70M-63.53M-63.67M-135.54M
OperatingExpense150.32M184.43M194.05M248.17M
DepreciationAmortizationDepletionIncomeStatement25.24M25.69M26.46M37.54M
DepreciationAndAmortizationInIncomeStatement25.24M25.69M26.46M37.54M
ResearchAndDevelopment39.77M49.61M51.35M54.44M
SellingGeneralAndAdministration85.31M109.13M116.23M156.19M
SellingAndMarketingExpense33.92M42.63M44.80M74.75M
GeneralAndAdministrativeExpense51.39M66.50M71.43M81.45M
OtherGandA35.36M43.77M49.27M81.45M
SalariesAndWages16.02M22.73M22.16M28.74M
GrossProfit104.61M120.89M130.38M112.63M
CostOfRevenue128.66M157.40M178.83M185.91M
TotalRevenue233.27M278.30M309.20M298.54M
OperatingRevenue233.27M278.30M309.20M298.54M
Line Item2025-12-312024-12-312023-12-312022-12-31
OrdinarySharesNumber54.51M51.26M39.73M33.48M
ShareIssued54.51M51.26M39.73M33.48M
NetDebt160.20M148.00M165.67M104.14M
TotalDebt215.31M221.65M266.02M235.26M
TangibleBookValue-146.58M-134.15M-201.98M-214.52M
InvestedCapital202.41M283.58M392.30M437.65M
WorkingCapital58.89M29.03M52.78M1.10M
NetTangibleAssets-146.58M-134.15M-201.98M-214.52M
CapitalLeaseObligations6.39M8.06M8.52M9.22M
CommonStockEquity-6.51M69.99M134.80M211.60M
TotalCapitalization202.41M237.72M392.30M437.65M
TotalEquityGrossMinorityInterest-6.51M69.99M134.80M211.60M
StockholdersEquity-6.51M69.99M134.80M211.60M
GainsLossesNotAffectingRetainedEarnings-2.00M3.60M2.47M5.60M
OtherEquityAdjustments-2.00M3.60M2.47M5.60M
RetainedEarnings-1.40B-1.30B-1.11B-976.57M
AdditionalPaidInCapital1.40B1.37B1.24B1.18B
CapitalStock10.00K10.00K9.00K9.00K
CommonStock10.00K10.00K9.00K9.00K
TotalLiabilitiesNetMinorityInterest292.15M322.72M439.35M479.63M
TotalNonCurrentLiabilitiesNetMinorityInterest213.76M173.76M268.20M230.69M
OtherNonCurrentLiabilities4.24M54.38M
NonCurrentDeferredLiabilities52.00K0.0067.00K334.00K
NonCurrentDeferredRevenue52.00K0.0067.00K334.00K
LongTermDebtAndCapitalLeaseObligation213.71M173.76M263.89M230.35M
LongTermCapitalLeaseObligation4.79M6.03M6.39M4.31M
LongTermDebt208.92M167.73M257.50M226.05M
CurrentLiabilities78.39M148.96M171.15M248.94M
OtherCurrentLiabilities4.56M39.40M104.12M182.47M
CurrentDeferredLiabilities2.59M2.15M2.40M1.75M
CurrentDeferredRevenue2.59M2.15M2.40M1.75M
CurrentDebtAndCapitalLeaseObligation1.61M47.89M2.13M4.91M
CurrentCapitalLeaseObligation1.61M2.02M2.13M4.91M
CurrentDebt45.86M
OtherCurrentBorrowings45.86M
PensionandOtherPostRetirementBenefitPlansCurrent6.11M5.49M11.66M10.49M
PayablesAndAccruedExpenses68.09M88.86M115.56M127.68M
CurrentAccruedExpenses39.87M52.69M62.27M75.32M
Payables28.22M36.17M53.29M52.36M
DuetoRelatedPartiesCurrent24.86M32.48M48.87M48.59M
AccountsPayable3.36M3.69M4.42M3.77M
TotalAssets285.64M392.71M574.14M691.24M
TotalNonCurrentAssets148.36M214.73M350.14M441.19M
OtherNonCurrentAssets1.32M1.65M2.73M2.59M
NonCurrentDeferredAssets0.00
GoodwillAndOtherIntangibleAssets140.07M204.14M336.77M426.12M
OtherIntangibleAssets29.77M44.71M59.57M73.40M
Goodwill110.31M159.43M277.20M352.72M
NetPPE6.97M8.94M10.63M12.49M
AccumulatedDepreciation-4.74M-9.65M-33.07M-29.52M
GrossPPE11.71M18.59M43.70M42.01M
Leases1.98M2.03M8.51M7.86M
ConstructionInProgress0.0027.00K41.00K29.00K
OtherProperties4.95M6.34M7.31M6.57M
MachineryFurnitureEquipment4.78M10.22M27.85M27.53M
Properties0.000.000.000.00
CurrentAssets137.28M177.98M223.93M250.04M
OtherCurrentAssets3.30M5.34M6.10M7.98M
RestrictedCash0.0080.00K95.00K
PrepaidAssets7.98M
Receivables85.26M107.05M126.00M120.08M
OtherReceivables2.59M3.80M5.38M4.47M
AccountsReceivable82.67M103.25M120.62M115.61M
AllowanceForDoubtfulAccountsReceivable-4.05M-5.75M-2.24M-1.81M
GrossAccountsReceivable86.72M109.00M122.86M117.42M
CashCashEquivalentsAndShortTermInvestments48.72M65.59M91.83M121.91M
CashAndCashEquivalents48.72M65.59M91.83M121.91M
Line Item2025-12-312024-12-312023-12-312022-12-31
FreeCashFlow-6.49M-28.12M-12.58M-67.39M
RepurchaseOfCapitalStock0.000.00-40.00M0.00
RepaymentOfDebt-62.00M-199.30M-31.00K-35.00K
IssuanceOfDebt56.00M172.50M30.00M0.00
IssuanceOfCapitalStock0.0048.65M55.00K379.00K
CapitalExpenditure-15.78M-19.30M-12.39M-13.49M
InterestPaidSupplementalData9.26M6.12M4.24M2.38M
IncomeTaxPaidSupplementalData0.00
EndCashPosition48.72M65.59M91.83M121.98M
BeginningCashPosition65.59M91.83M121.98M233.56M
EffectOfExchangeRateChanges259.00K-110.00K118.00K-1.93M
ChangesInCash-17.13M-26.13M-30.27M-109.65M
FinancingCashFlow-11.12M1.44M-20.03M-39.99M
CashFlowFromContinuingFinancingActivities-11.12M1.44M-20.03M-39.99M
NetOtherFinancingCharges-5.12M-20.40M-50.05M-331.00K
NetCommonStockIssuance0.0048.65M55.00K-39.62M
CommonStockPayments0.000.00-40.00M0.00
CommonStockIssuance0.0048.65M55.00K379.00K
NetIssuancePaymentsOfDebt-6.00M-26.80M29.97M-35.00K
NetLongTermDebtIssuance-6.00M-26.80M29.97M-35.00K
LongTermDebtPayments-62.00M-199.30M-31.00K-35.00K
LongTermDebtIssuance56.00M172.50M30.00M0.00
InvestingCashFlow-15.30M-18.75M-10.06M-15.76M
CashFlowFromContinuingInvestingActivities-15.30M-18.75M-10.06M-15.76M
NetBusinessPurchaseAndSale480.00K552.00K2.33M-2.27M
SaleOfBusiness480.00K552.00K2.33M0.00
PurchaseOfBusiness0.000.00-2.27M-494.13M
NetIntangiblesPurchaseAndSale0.000.00-175.00K-133.00K
PurchaseOfIntangibles0.000.00-175.00K-133.00K
NetPPEPurchaseAndSale-480.00K-1.56M-667.00K-1.17M
PurchaseOfPPE-480.00K-1.56M-667.00K-1.17M
CapitalExpenditureReported-15.30M-17.74M-11.72M-12.14M
OperatingCashFlow9.29M-8.82M-185.00K-53.90M
CashFlowFromContinuingOperatingActivities9.29M-8.82M-185.00K-53.90M
ChangeInWorkingCapital5.71M-15.77M-13.47M-11.32M
ChangeInOtherCurrentLiabilities-16.19M-23.48M-988.00K3.10M
ChangeInOtherCurrentAssets0.00
ChangeInPayablesAndAccruedExpense-545.00K-6.14M-7.25M-10.41M
ChangeInAccruedExpense-724.00K-6.64M-7.49M-9.52M
ChangeInPayable179.00K499.00K239.00K-893.00K
ChangeInAccountPayable179.00K499.00K239.00K-893.00K
ChangeInPrepaidAssets1.80M1.36M2.49M535.00K
ChangeInReceivables20.64M12.50M-7.72M-4.55M
OtherNonCashItems-2.48M9.43M428.00K-117.59M
StockBasedCompensation28.13M40.37M40.98M44.69M
AssetImpairmentCharge58.84M131.59M70.52M453.29M
DeferredTax0.000.00-1.45M-7.86M
DeferredIncomeTax0.000.00-1.45M-7.86M
DepreciationAmortizationDepletion27.41M27.88M29.52M43.74M
DepreciationAndAmortization27.41M27.88M29.52M43.74M
Depreciation27.41M27.88M29.52M43.74M
OperatingGainsLosses-4.83M-13.02M6.55M
GainLossOnSaleOfBusiness-4.83M0.006.55M0.00
NetIncomeFromContinuingOperations-103.49M-189.30M-134.70M-465.26M
SEC Filings

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

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