Cardlytics reported a solid third quarter in 2021 with revenue of $65.0 million, a 41% increase year-over-year, and billings of $98.4 million, a 59% increase year-over-year. The company's key metrics, including MAUs and ARPU, also saw growth, and Bridg ARR reached $12.7 million.
Revenue increased by 41% year-over-year to $65.0 million.
Billings increased by 59% year-over-year to $98.4 million.
Gross profit increased by 68% year-over-year to $24.5 million.
Cardlytics MAUs increased by 6% year-over-year to 170.6 million, and ARPU increased by 24% year-over-year to $0.36.
Cardlytics anticipates for Q4 2021 billings to be in the range of $105.0 - $120.0 million and revenue to be in the range of $70.0 - $80.0 million.
Visualization of income flow from segment revenue to net income