← Cardlytics, Inc.
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $130.4m |
$150.7m
+15.59%
|
$210.4m
+39.65%
|
$186.9m
-11.19%
|
$267.1m
+42.93%
|
$298.5m
+11.76%
|
$309.2m
+3.57%
|
$278.3m
-10.00%
|
$233.3m
-16.18%
|
$190.0m
-18.55%
|
|
| Research and development expense | $12.2m | $16.2m | $11.7m | $17.5m | $38.1m | $54.4m | $51.4m | $49.6m | $39.8m | $31.6m | |
| Sales and marketing expense | $31.9m | $41.9m | $43.8m | $45.3m | $66.0m | $74.7m | $57.4m | $52.6m | $39.5m | — | |
| General and administrative expense | $20.1m | $34.2m | $36.7m | $46.5m | $66.2m | $81.4m | $58.8m | $56.5m | $47.3m | $42.3m | |
| Total costs and expenses | $147.5m | $191.6m | $227.8m | $240.8m | $389.7m | $756.3m | $444.9m | $473.8m | $335.1m | $223.7m | |
| Operating loss | ($17.1m) |
($40.9m)
-139.29%
|
($17.3m)
+57.66%
|
($53.9m)
-211.24%
|
($122.6m)
-127.36%
|
($457.8m)
-273.39%
|
($135.7m)
+70.36%
|
($195.5m)
-44.10%
|
($101.8m)
+47.92%
|
($33.7m)
+66.91%
|
|
| Interest expense, net | ($8.2m) | ($3.3m) | ($548k) | ($3.0m) | ($12.6m) | ($2.6m) | ($2.3m) | ($5.6m) | ($7.9m) | $11.1m | |
| Gain (Loss) on Disposition of Business | — | — | — | — | $0 | $0 | $6.5m | $0 | ($4.8m) | — | |
| Loss before income taxes | ($19.6m) | ($53.0m) | ($17.1m) | ($55.4m) | ($136.4m) | ($466.7m) | ($134.7m) | ($189.3m) | ($103.5m) | — | |
| Income tax benefit | $0 | $0 | $0 | $0 | $7.9m | $1.4m | $0 | $0 | $0 | — | |
| Net Loss | ($19.6m) | ($53.0m) | ($17.1m) | ($55.4m) | ($128.6m) | ($465.3m) | ($134.7m) | ($189.3m) | ($103.5m) | — | |
| Net loss per share, basic (in dollars per share) | ($8) | ($3) | ($1) | ($2) | ($4) | ($14) | ($4) | ($4) | ($2) | — | |
| Net loss per share, diluted (in dollars per share) | ($8) | ($3) | ($1) | ($2) | ($4) | ($14) | ($4) | ($4) | ($2) | — | |
| Weighted-average common shares outstanding, basic (in shares) | — | — | — | 27.2m | 32.2m | 33.4m | 36.5m | 48.4m | 53.1m | — | |
| Weighted-average common shares outstanding, diluted (in shares) | — | — | — | 27.2m | 32.2m | 33.4m | 36.5m | 48.4m | 53.1m | — | |
| Partner Share and other third-party costs | $73.2m | $85.4m | $118.1m | $109.3m | $141.3m | $155.5m | $150.6m | $127.8m | $102.9m | — | |
| Delivery costs | $7.0m | $10.6m | $12.9m | $14.3m | $22.5m | $30.4m | $28.2m | $29.6m | $25.7m | — | |
| Acquisition, integration and divestiture costs (benefits) | — | — | — | — | $24.4m | ($2.9m) | ($6.3m) | $161k | $561k | — | |
| Change in contingent consideration | — | — | $0 | $0 | $1.4m | ($128.2m) | $1.2m | $210k | $102k | — | |
| Impairment of goodwill and intangible assets | — | — | — | $0 | $0 | $453.3m | $70.5m | $131.6m | $58.8m | — | |
| Depreciation and amortization expense | $3.0m | $3.3m | $4.5m | $7.8m | $29.9m | $37.5m | $26.5m | $25.7m | $25.2m | $24.7m | |
| Foreign currency gain/(loss) | $1.3m | ($2.1m) | $729k | $1.5m | ($1.3m) | ($6.4m) | $3.3m | ($1.3m) | $6.2m | — | |
| Gain on debt extinguishment | — | — | — | — | — | $0 | $0 | $13.0m | $0 | — | |
| Total other (expense)/income | ($2.5m) | ($12.1m) | $181k | ($1.5m) | ($13.8m) | ($8.9m) | $968k | $6.2m | ($1.7m) | — |