← Cardlytics, Inc.
| Annual Trend | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | $39.6m | $104.5m | $293.2m | $233.5m | $121.9m | $91.8m | $65.6m | $48.7m | |
| Accounts receivable and contract assets, net | $58.1m | $81.5m | $81.2m | $111.1m | $115.6m | $120.6m | $103.3m | $82.7m | |
| Other receivables | $2.4m | $3.9m | $5.3m | $6.1m | $4.5m | $5.4m | $3.8m | $2.6m | |
| Prepaid expenses and other assets | $4.0m | $5.8m | $5.7m | $8.0m | $8.0m | $6.1m | $5.3m | $3.3m | |
| Total current assets | $124.4m | $195.7m | $385.6m | $358.7m | $250.0m | $223.9m | $178.0m | $137.3m | |
| Property and equipment, net | $10.2m | $14.3m | $13.9m | $11.3m | $5.9m | $3.3m | $2.6m | $2.0m | |
| Capitalized software development costs, net | $1.6m | $3.8m | $6.3m | $13.1m | $19.9m | $24.6m | $33.3m | $24.2m | |
| Intangible assets, net | $370k | $389k | $447k | $125.5m | $53.5m | $35.0m | $11.4m | $5.6m | |
| Goodwill | — | — | $0 | $742.5m | $352.7m | $277.2m | $159.4m | $110.3m | |
| Right-of-use assets under operating leases, net | — | $0 | $10.8m | $10.2m | $6.6m | $7.3m | $6.3m | $4.9m | |
| Other long-term assets, net | $1.3m | $1.7m | $1.8m | $2.4m | $2.6m | $2.7m | $1.6m | $1.3m | |
| Partner Share liability | $27.7m | $42.0m | $37.5m | $46.6m | $48.6m | $48.9m | $32.5m | $24.9m | |
| Consumer Incentive liability | $11.5m | $19.9m | $24.3m | $52.6m | $54.0m | $52.7m | $45.5m | $32.1m | |
| Contract with Customer, Liability, Current | $346k | $1.1m | $349k | $3.3m | $1.8m | $2.4m | $2.2m | $2.6m | |
| Current operating lease liabilities | — | $0 | $4.7m | $6.0m | $4.9m | $2.1m | $2.0m | $1.6m | |
| Current contingent consideration | — | — | $0 | ($182.5m) | ($104.1m) | ($39.4m) | ($4.6m) | $0 | |
| Convertible senior notes, net | — | $0 | $174.0m | $184.4m | $226.0m | $227.5m | $167.7m | $168.8m | |
| Long-term deferred revenue | — | — | $0 | $173k | $334k | $67k | $0 | $52k | |
| Long-term operating lease liabilities | — | $0 | $9.4m | $6.8m | $4.3m | $6.4m | $6.0m | $4.8m | |
| Total stockholders’ (deficit) equity | $52.0m | $143.3m | $157.2m | $690.7m | $211.6m | $134.8m | $70.0m | ($6.5m) | |
| Total assets | $153.8m | $224.3m | $422.5m | $1.3b | $691.2m | $574.1m | $392.7m | $285.6m | |
| Total liabilities and stockholders’ (deficit) equity | $153.8m | $224.3m | $422.5m | $1.3b | $691.2m | $574.1m | $392.7m | $285.6m | |
| Accounts payable | $2.1m | $1.2m | $1.4m | $4.6m | $3.8m | $4.4m | $3.7m | $3.4m | |
| Accrued compensation | $5.9m | $8.2m | $7.6m | $12.1m | $10.5m | $11.7m | $5.5m | $6.1m | |
| Accrued expenses | $4.4m | $6.0m | $5.5m | $19.6m | $21.3m | $9.6m | $7.2m | $7.7m | |
| Short-Term Debt | — | — | — | — | — | $0 | $45.9m | $0 | |
| Total current liabilities | $51.9m | $78.4m | $81.3m | $327.4m | $248.9m | $171.1m | $149.0m | $78.4m | |
| Other Long-Term Debt | $46.7m | $37k | $174.0m | $184.4m | $0 | $30.1m | $0 | $40.1m | |
| Total liabilities | $101.8m | $81.0m | $265.3m | $573.1m | $479.6m | $439.3m | $322.7m | $292.1m | |
| Common stock | $7k | $8k | $8k | $9k | $9k | $9k | $10k | $10k | |
| Additional paid-in capital | $371.5m | $480.6m | $551.4m | $1.2b | $1.2b | $1.2b | $1.4b | $1.4b | |
| Accumulated other comprehensive (loss) income | $2.0m | $1.3m | ($192k) | $486k | $5.6m | $2.5m | $3.6m | ($2.0m) | |
| Accumulated deficit | ($321.5m) | ($338.6m) | ($394.1m) | ($522.6m) | ($976.6m) | ($1.1b) | ($1.3b) | ($1.4b) |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.