Cardlytics, Inc.

Annual Trend FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Revenue $130.4m $150.7m $210.4m $186.9m $267.1m $298.5m $309.2m $278.3m $233.3m
Change in contingent consideration $0 $0 $1.4m ($128.2m) $1.2m $210k $102k
Impairment of goodwill and intangible assets $0 $0 $453.3m $70.5m $131.6m $58.8m
Gain (Loss) on Disposition of Business $0 $0 $6.5m $0 ($4.8m)
Operating loss ($17.1m) ($40.9m) ($17.3m) ($53.9m) ($122.6m) ($457.8m) ($135.7m) ($195.5m) ($101.8m)
Foreign currency gain/(loss) $1.3m ($2.1m) $729k $1.5m ($1.3m) ($6.4m) $3.3m ($1.3m) $6.2m
Gain on debt extinguishment $0 $0 $13.0m $0
Loss before income taxes ($19.6m) ($53.0m) ($17.1m) ($55.4m) ($136.4m) ($466.7m) ($134.7m) ($189.3m) ($103.5m)
Income tax benefit $0 $0 $0 $0 $7.9m $1.4m $0 $0 $0
Net Loss ($19.6m) ($53.0m) ($17.1m) ($55.4m) ($128.6m) ($465.3m) ($134.7m) ($189.3m) ($103.5m)
Net loss per share, basic (in dollars per share) ($8) ($3) ($1) ($2) ($4) ($14) ($4) ($4) ($2)
Net loss per share, diluted (in dollars per share) ($8) ($3) ($1) ($2) ($4) ($14) ($4) ($4) ($2)
Weighted-average common shares outstanding, basic (in shares) 27.2m 32.2m 33.4m 36.5m 48.4m 53.1m
Weighted-average common shares outstanding, diluted (in shares) 27.2m 32.2m 33.4m 36.5m 48.4m 53.1m
Partner Share and other third-party costs $73.2m $85.4m $118.1m $109.3m $141.3m $155.5m $150.6m $127.8m $102.9m
Delivery costs $7.0m $10.6m $12.9m $14.3m $22.5m $30.4m $28.2m $29.6m $25.7m
Sales and marketing expense $31.9m $41.9m $43.8m $45.3m $66.0m $74.7m $57.4m $52.6m $39.5m
Research and development expense $12.2m $16.2m $11.7m $17.5m $38.1m $54.4m $51.4m $49.6m $39.8m
General and administrative expense $20.1m $34.2m $36.7m $46.5m $66.2m $81.4m $58.8m $56.5m $47.3m
Acquisition, integration and divestiture costs (benefits) $24.4m ($2.9m) ($6.3m) $161k $561k
Depreciation and amortization expense $3.0m $3.3m $4.5m $7.8m $29.9m $37.5m $26.5m $25.7m $25.2m
Interest expense, net ($8.2m) ($3.3m) ($548k) ($3.0m) ($12.6m) ($2.6m) ($2.3m) ($5.6m) ($7.9m)
Total costs and expenses $147.5m $191.6m $227.8m $240.8m $389.7m $756.3m $444.9m $473.8m $335.1m
Total other (expense)/income ($2.5m) ($12.1m) $181k ($1.5m) ($13.8m) ($8.9m) $968k $6.2m ($1.7m)