Loading...
•
Mar 31, 2021
Cardlytics Q1 2021 Earnings Report
Cardlytics reported strong Q1 2021 financial results with revenue exceeding expectations, driven by positive business trajectory and strategic acquisitions.
Key Takeaways
Cardlytics announced a 17% year-over-year increase in revenue, reaching $53.2 million for Q1 2021. The company's performance reflects a continued positive trajectory, further enhanced by the Dosh acquisition and the anticipated benefits from the upcoming Bridg acquisition.
Revenue increased by 17% year-over-year, reaching $53.2 million.
Billings increased by 13% year-over-year, totaling $76.3 million.
Gross profit increased by 22% year-over-year, amounting to $19.5 million.
MAUs increased by 20% year-over-year, reaching 168.6 million.
Cardlytics
Cardlytics
Forward Guidance
Cardlytics anticipates billings, revenue, and adjusted contribution to be in the following ranges (in millions):
Positive Outlook
- Q2 2021 Billings Guidance: $85.0 - $95.0
- Q2 2021 Revenue Guidance: $58.0 - $65.0
- Q2 2021 Adjusted contribution Guidance: $26.0 - $30.0
- FY 2021 Billings Guidance: $380.0 - $420.0
- FY 2021 Revenue Guidance: $260.0 - $285.0