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Cardlytics, Inc.
$21M
Market Cap
P/E
71.77
PEG
-6.7%
ROCE
-7.5%
ROE
0.12
D/E
-43.7%
OPM
10
α RS
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About

Cardlytics, Inc. operates an advertising platform in the United States and the United Kingdom.

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✓ 📞 Earnings Call Transcripts (5 quarters) submit a missing quarter
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📞 Earnings Call Transcripts (5)
Q2 2026 Q2 2026 2026-08-05
Q2 2026 saw progress on strategic priorities, with advertiser growth, improved churn, and stabilized supply. Revenue and billings declined year-over-year due to prior bank partner changes, but U.K. growth and AI-driven efficiencies stood out. Guidance for Q3 reflects stable performance and continued focus on free cash flow.
Q1 2026 Q1 2026 2026-05-07
Q1 2026 results exceeded guidance, with sequential growth in key metrics despite year-over-year declines due to the loss of a major partner. U.K. revenue surged 21% and operational efficiencies improved, while guidance for Q2 projects continued sequential growth.
Q4 2025 Q4 2025 2026-03-04
2025 saw a strategic reset with improved operational efficiency, positive Adjusted EBITDA, and strong U.K. growth, despite revenue declines from the Bank of America exit and content restrictions. The Bridg sale will strengthen liquidity, and sequential growth is expected later in 2026.
Q3 2025 Q3 2025 2025-11-05
Q3 2025 saw a 20% drop in billings and 22% revenue decline due to a major FI partner's content block, but margins improved and cost reductions were significant. U.K. revenue grew 22%, and new partnerships and product innovations are expected to drive future growth. Q4 guidance anticipates continued top-line pressure but positive adjusted EBITDA.
Q2 2025 Q2 2025 2025-08-06
Q2 2025 results exceeded adjusted EBITDA guidance despite a 5.7% billings decline, with record contribution margin and strong U.K. growth. Major content restrictions by the largest FI partner will drive a 15%-22% year-over-year billings drop in Q3, but diversification and cost controls are underway.
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📊 Analysis Methodology

This comprehensive investment analysis was conducted using The Finmagine™ Stock Analysis & Ranking Methodology, a proprietary framework that systematically evaluates stocks across five critical dimensions: Financial Health, Growth Prospects, Competitive Positioning, Management Quality, and Valuation.

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Financial Model
Projections are built from each company's audited annual financials (Income Statement, Balance Sheet, Cash Flow) over the last 5 fiscal years. Forward assumptions — revenue growth %, EBITDA margin, D&A (USD millions), interest expense, tax rate, and capex — are AI-generated using historical context and refreshed twice a year: after the December results season and after the September/Q4 results season.

DCF Valuation
Fair Value = Σ(FCFt / (1+WACC)t) + Terminal Value. Terminal Value uses the Gordon Growth Model: FCF5 × (1+g) / (WACC−g). Default WACC: 10% (US risk-free ~4.5%, equity risk premium ~5.5%). Default terminal growth: 3% (long-run US nominal GDP proxy).

CAGR Tracker
Expected 5-year CAGR = (DCF Fair Value / Current Price)1/5 − 1. Assumes fair value is reached in exactly 5 years — a mechanical estimate only.

Data Sources & Limitations
Financial statements sourced from public filings. Prices updated daily. Forward assumptions are AI-generated. All monetary values in USD millions. Non-US ADR companies may have currency conversion inaccuracies. Models are point-in-time and do not update intra-quarter or account for M&A, macro shocks, or extraordinary items.

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Investment Risk:
Investing in securities, including US equities and ETFs, involves inherent risks including the potential loss of principal. All investments are subject to market fluctuations, economic conditions, regulatory changes, and other factors that may affect their value. Past performance is not indicative of future results. This analysis is provided for informational and educational purposes only and should not be construed as investment advice under any circumstances.

No Investment Recommendation:
This analysis does not constitute, nor should it be interpreted as, an offer, solicitation, or recommendation to buy, sell, or hold any securities or financial products. Investors are strongly advised to conduct their own independent research and due diligence and to consult with a licensed financial advisor or an SEC-registered investment adviser before making any investment decisions, taking into account their individual financial situation, risk tolerance, and investment objectives.

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Conflict of Interest Disclosure:
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Information Sources:
The analysis is based on publicly available information including SEC filings (10-K, 10-Q), annual reports, management commentary, and publicly available financial data. Information is believed to be accurate as of the date of publication but may be subject to change without notice. Readers are encouraged to independently verify all information before acting upon it.

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