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Sep 30, 2021
Cardlytics Q3 2021 Earnings Report
Cardlytics' Q3 2021 financial results were announced, showing revenue above guidance and continued progress on product and technology initiatives.
Key Takeaways
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
Cardlytics
Forward Guidance
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.