Company name:

Cardlytics Inc

  • IPO SHARE PRICE:
    $13.00
  • IPO DATE:
    February 09, 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

We are working hard and as soon as possible to provide company description soon. Feel free to reach out to request it sooner: improve@real-clear-investing.com

Income Statement

Quarterly Annual
(USD in thousand)
Selected Year:
31-Dec
2020
Revenue
Gross receipts in the form of cash (great!) and promises to pay (Account Receivables - not so great as some of them will never be collected but reality of business!) from all its customers
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Total Revenue
45,679
45,679
 130,365 150,684 210,430 186,892 186,892 268,328
Selected Year:
31-Dec
2020
Operating expenses
Cost (labor, materials, depreciation, overhead, etc) for delivering service or manufacturing a product that business sells
128.9%
58.5% —

FI Share and other third-party costs

24.9% —

General and administrative

24.2% —

Sales and marketing

9.4% —

Research and development

7.7% —

Delivery costs

4.2% —

Depreciation and amortization
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
FI Share and other third-party costs
45,679
45,679
 73,247 85,371 118,080 109,308 109,308 153,552
Delivery costs
45,679
45,679
 7,012 10,632 12,893 14,310 14,310 15,628
Sales and marketing
45,679
45,679
 31,927 41,878 43,828 45,307 45,307 50,008
Research and development
45,679
45,679
 12,150 16,210 11,699 17,532 17,532 20,352
General and administrative
45,679
45,679
 20,100 34,228 36,720 46,532 46,532 45,188
Depreciation and amortization
45,679
45,679
 3,028 3,282 4,535 7,826 7,826 8,068
Termination of UK agreement expense
45,679
45,679
 - - - - - -
Total expenses
45,679
45,679
 $147,464 $191,601 $227,755 $240,815 $240,815 $292,796
Selected Year:
31-Dec
2020
Operating Income
Income after excluding Operating Expenses from Total Revenue
28.9%
28.9% —

Operating Income

Key metric that shows earnings potential of the company's business model
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Operating income
$45,679
$45,679
 ($17,099) ($40,917) ($17,325) ($53,923) ($53,923) ($24,468)
Selected Year:
31-Dec
2020
Non-operating expenses
Cost usually unrelated to delivering service or manufacturing a product that business sells
0.8%
0.8% —

Other expense or income

0.0% —

Change in fair value of warrant liability
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Change in fair value of warrant liability
45,679
45,679
 (581) (6,760) - - - -
Change in fair value of convertible promissory notes
45,679
45,679
 (1,244) - - - - -
Change in fair value of convertible promissory notes-related parties
45,679
45,679
 6,213 - - - - -
Other expense or income
45,679
45,679
 1,309 (2,101) 729 1,549 1,549 -
Total non-operating income (expense)
45,679
45,679
 5,697 (12,125) 181 (1,499) (1,499) -
Selected Year:
31-Dec
2020
Earnings before Interest and Taxes (EBIT)
Income after excluding Operating and Non-operating Expenses from Total Revenue
28.0%
28.0% —

EBIT

Another income metric but unlike Operating Income it is closer to the ultimate income metric - Net Income by removing expenses that are not related to earning Revenue as they are supposed to be accidental and transitory
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
EBIT
$45,679
$45,679
 ($11,402) ($49,778) ($16,596) ($52,374) ($52,374) ($24,468)
Selected Year:
31-Dec
2020
Interest Expense and Income, Taxes
Expenses driven mostly by company management's choices, nature of business (capital intensive vs not) about financing (debt vs equity) and legal structure
1.6%
0.0% —

Income tax expense or benefit

1.6% —

Interest expense
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Interest expense
45,679
45,679
 (8,239) (3,264) (548) (3,048) (3,048) (12,156)
Total other expense or income
45,679
45,679
 (2,542) (12,125) - - - -
Income before income taxes
45,679
45,679
 (19,641) (53,042) (17,144) (55,422) (55,422) (27,108)
Income tax expense or benefit
45,679
45,679
 - - - - - -
Selected Year:
31-Dec
2020
Net income (loss)
Ultimate measure of Income - Net result after excluding all expenses from Total Revenue
29.7%
29.7% —

Net income (loss)

It is a residue that is left from Total Revenue after paying all kind of expenses and belongs to all equity holders in the company. Some of these shareholders such Non-controlling interest or Preferred equity gets their share before Common shareholders
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Net income (loss)
$45,679
$45,679
 ($19,641) ($53,042) ($17,144) ($55,422) ($55,422) -
Change in fair value of redeemable convertible preferred stock Change in fair value of redeemable convertible preferred stock
45,679
45,679
 (5,743) (157) - - - -
Net income (loss) attributable to common stock
45,679
45,679
 (25,384) (53,199) (17,144) (55,422) (55,422) (27,108)

Basic Shares Outstanding
Basic shares outstanding as of certain dates reported by Company on its annual and quarterly filings, these numbers are NOT used calculation of basic EPS. They help to see share issuance by company in perspective
Common
-
-
 19,995,657 22,502,113 26,704,481 27,903,828 27,903,828 27,903,828
Selected Year:
31-Dec
2020
EPS
Net Income / Shares Outstanding = EPS before dilution or Basic EPS; Net Income/ ( Shares Outstanding + potentially available shares from conversion of various option instruments)
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Net Income per basic share
$45,678,795.00
$45,678,795.00
 ($7.86) ($2.79) ($0.72) ($2.04) ($2.04) ($0.96)
Net Income per diluted share
$45,678,795.00
$45,678,795.00
 ($7.86) ($2.79) ($0.72) ($2.04) ($2.04) ($0.96)