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Jun 30, 2021

Cardlytics Q2 2021 Earnings Report

Cardlytics' Q2 2021 financial results were announced, revealing increased revenue and billings, but also a net loss.

Key Takeaways

Cardlytics announced its Q2 2021 financial results, with revenue increasing by 109% year-over-year to $58.9 million and billings increasing by 116% to $85.3 million. However, the company reported a net loss attributable to common stockholders of $(47.3) million, or $(1.43) per diluted share.

Revenue increased by 109% year-over-year to $58.9 million.

Billings increased by 116% year-over-year to $85.3 million.

Gross profit increased by 193% year-over-year to $23.2 million.

Net loss attributable to common stockholders was $(47.3) million, or $(1.43) per diluted share.

Total Revenue
$58.9M
Previous year: $28.2M
+108.5%
EPS
-$0.39
Previous year: -$0.38
+2.6%
Monthly Active Users
167.6M
Previous year: 157.2M
+6.6%
Average Revenue per User
$0.34
Previous year: $0.18
+88.9%
Gross Profit
$23.2M
Previous year: $7.91M
+193.2%
Cash and Equivalents
$251M
Previous year: $98.4M
+154.8%
Total Assets
$1.23B
Previous year: $183M
+573.6%

Cardlytics

Cardlytics

Forward Guidance

Cardlytics anticipates billings, revenue, and adjusted contribution to be in the following ranges for Q3 2021: Billings $85.0 - $95.0 million, Revenue $57.0 - $66.0 million, Adjusted contribution $27.0 - $32.0 million.