Company name:

Cardlytics Inc

  • IPO SHARE PRICE:
    $13.00
  • IPO DATE:
    09 February 2018
  • TICKER:
    CDLX
  • MAIN STOCK EXCHANGE:
    NASDAQ Global
  • CURRENT HQ LOCATION:
    675 Ponce de Leon Ave NE Ste 6000 Atlanta Georgia 30308
  • FISCAL YEAR END:
    December 31
  • INCORPORATION JURISDICTION:
    DE
  • ORGANIZED AS THE FOLLOWING LEGAL TYPE:
    Corporation
  • Investor Relations Webpage:
    Coming soon!
  • TAX RATE:
    USA federal corporate nominal income tax rate is 21%

Short Description

Cardlytics Inc

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Balance Sheet

Quarterly Annual
(USD in thousand)
69.4% 19.2%
Selected Year:
31-Dec
2020
Current Assets
Most valuable part of Current Assets is Cash and Marketable Securities which should be watched carefully; at the same time high and growing level of Accounts Receivables is very dangerous sign
91.3%
69.4% —

Cash and cash equivalents

19.2% —

Accounts Receivable

1.3% —

Prepaid expenses and other current assets

1.3% —

Other receivables

0.0% —

Restricted cash and cash equivalents

Liquidity
Selected Year:
The most liquid asset, however, most companies don't keep much of it and invest excess cash into marketable securities such as Government bonds - in the US - Treasuries
Cash and cash equivalents
$45,679
 $21,262 $39,623 $104,458 $293,239
Restricted cash and cash equivalents
$45,679
 - 20,247 129 110
Accounts Receivable
$45,679
 48,348 58,125 81,452 81,249
Other receivables
$45,679
 2,898 2,417 3,908 5,306
Prepaid expenses and other current assets
$45,679
 2,121 3,956 5,783 5,687
Total current assets
$45,679
 $74,629 $124,368 $195,730 $385,591
3.3%
Selected Year:
31-Dec
2020
Non-Current Assets
Non-current assets characterize company's business: high Property, Plant, and Equipment means that company is in capital-intensive industry which typically is very cyclical (earnings fluctuate a lot); watch out for high level of Goodwill and other non-intangibles which is bad sign as they typically worth very low relative to their value shown on the balance sheet
8.7%
3.3% —

Property and equipment net

2.5% —

Operating lease - right-of-use assets

1.5% —

Capitalized software development cost net

0.9% —

Deferred FI implementation costs

0.4% —

Other long-term assets

0.1% —

Intangible assets
Selected Year:
Property and equipment net
45,679
 7,319 10,230 14,290 13,865
Capitalized software development cost net
45,679
 433 1,625 3,815 6,299
Operating lease - right-of-use assets
-
 - - - 10,764
Deferred FI implementation costs
45,679
 13,625 15,877 8,383 3,785
Intangible assets
45,679
 528 370 389 447
Other long-term assets
45,679
 4,224 1,293 1,706 1,786
Total non-current assets
45,679
 26,129 29,395 28,583 36,946
Total assets
45,679
 $100,758 $153,763 $224,313 $422,537
8.9% 5.7% 41.2% 130.5%
Selected Year:
31-Dec
2020
Current Liabilities
Current Liabilities represent company's short-term dues to others. The most important part to watch for is short-term debt and accounts payables
19.2%
8.9% —

FI Share liability

5.7% —

Consumer incentive liability

1.8% —

Accrued employee compensation

1.3% —

Accrued expenses

1.1% —

Current portion of Operating leases

0.3% —

Accounts payable

0.1% —

Current portion of deferred revenue

0.0% —

Current portion of Finance leases
Selected Year:
Accounts payable
$45,679
 $1,554 $2,099 $1,229 $1,363
Accrued employee compensation
$45,679
 4,638 5,936 8,186 7,582
Accrued expenses
$45,679
 4,615 4,388 6,018 5,502
Current portion of deferred revenue
-
 - 346 1,127 349
Deferred billings
$45,679
 132 - - -
FI Share liability
$45,679
 23,914 27,656 41,956 37,457
Consumer incentive liability
$45,679
 7,242 11,476 19,861 24,290
Current maturities of long-term debt
-
 44 21 24 -
Current portion of Capital leases
$45,679
 - - - -
Current portion of Operating leases
-
 - - - 4,718
Current portion of Finance leases
-
 - - 24 13
Total current liabilities
$45,679
 $42,139 $51,922 $78,401 $81,274
Selected Year:
31-Dec
2020
Non-Current Liabilities
The most critical items are revolving credit facility, term loans, and then notes - any forms of debt; in addition, pay attention to items like pension liabilites and leases- hidden debt
43.6%
41.2% —

Senior convertible notes

2.2% —

Operating leases

0.2% —

Other non-current liabilities
Selected Year:
Deferred liabilities
$45,679
 3,670 3,173 2,632 -
Warrant liabilities
$45,679
 10,230 - - -
Borrowings under Revolving Credit Facility
$45,679
 - - - -
Term Loan
$45,679
 - - - -
Senior convertible notes
-
 - - - 174,011
Convertible promissory notes at fair value
$45,679
 - - - -
Convertible promissory notes at fair value - related parties
$45,679
 - - - -
Long-term debt
-
 56,968 46,693 13 -
Capital leases
$45,679
 - - - -
Operating leases
-
 - - - 9,381
Finance leases
-
 - - 13 -
Other non-current liabilities
-
 - - - 679
Total long-term liabilities
$45,679
 $70,868 $49,866 $2,645 $184,071
Total Liabilities
$45,679
 $113,007 $101,788 $81,046 $265,345
Selected Year:
31-Dec
2020
Equity
It's residue that is owned by shareholders after satisfying all of the liabilities with all of the assets; the larger the amount, the better the business is
37.2%
130.5% —

Additional paid-in capital

0.0% —

Common stock
Selected Year:
Series A A-R preferred stock
$45,679
 - - - -
Series A-R preferred stock
-
 1,852 - - -
Series B B-R preferred stock
$45,679
 - - - -
Series B-R preferred stock
-
 5,288 - - -
Series C C-R preferred stock
$45,679
 - - - -
Series C-R preferred stock
-
 18,366 - - -
Series D D-R preferred stock
$45,679
 - - - -
Series D-R preferred stock
-
 32,728 - - -
Series E E-R preferred stock
$45,679
 - - - -
Series E-R preferred stock
-
 29,972 - - -
Series F F-R preferred stock
$45,679
 - - - -
Series F-R preferred stock
-
 58,449 - - -
Preferred stock Series G
$45,679
 44,672 - - -
Series G preferred stock
$45,679
 5,110 - - -
Common stock
$45,679
 - 7 8 8
Accumulated deficit
$45,679
 (268,445) (321,487) (338,631) (394,053)
Additional paid-in capital
$45,679
 58,693 371,463 480,578 551,429
Accumulated other comprehensive income
$45,679
 1,066 1,992 1,312 -
Accumulated other comprehensive (loss) income
-
 - - 1,312 (192)
Total redeemable convertible preferred stock
$45,679
 196,437 - - -
Total Equity
$45,679
 ($208,686) $51,975 $143,267 $157,192
Total Liabilities and Equity
$45,679
 $100,758 $153,763 $224,313 $422,537