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Dec 31, 2022

Cardlytics Q4 2022 Earnings Report

Cardlytics's Q4 2022 performance aligned with guidance, demonstrating double-digit year-over-year growth despite macro headwinds.

Key Takeaways

Cardlytics reported a decrease in total revenue for Q4 2022, with a net loss attributable to common stockholders. However, the company saw an increase in MAUs and Bridg ARR.

Total revenue decreased by 8.4% to $82.5 million compared to Q4 2021.

Net loss attributable to common stockholders was $(378.3) million, or $(11.32) per diluted share.

Non-GAAP net loss was $(9.7) million, or $(0.29) per diluted share.

Cardlytics MAUs increased by 4.2% to 182.7 million compared to Q4 2021.

Total Revenue
$82.5M
Previous year: $90M
-8.4%
EPS
-$0.29
Previous year: -$0.15
+93.3%
Monthly Active Users
182.7M
Previous year: 175.4M
+4.2%
Average Revenue per User
$0.45
Previous year: $0.49
-8.2%
Gross Profit
$33.4M
Previous year: $36.2M
-7.6%
Cash and Equivalents
$122M
Previous year: $233M
-47.8%
Free Cash Flow
-$13.2M
Previous year: -$1.52M
+768.4%
Total Assets
$691M
Previous year: $1.26B
-45.3%

Cardlytics

Cardlytics

Forward Guidance

Cardlytics anticipates billings, revenue, and adjusted contribution to be in the following ranges for Q1 2023.