Cardlytics Inc. (CDLX) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
675 PONCE DE LEON AVENUE, NE ATLANTA, GA 30308 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 737 - Computer Programming, Data Processing, And Other Computer Related Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 91,830 | 90,067 | 92,069 | 139,194 | 121,905 | 138,514 | |||
| Cash and cash equivalents | 91,830 | 90,067 | 92,069 | 139,194 | 121,905 | 138,514 | |||
| Restricted cash and investments | 73 | 76 | 82 | 74 | |||||
| Receivables | 126,201 | 108,189 | 101,745 | 98,850 | 121,679 | 101,843 | |||
| Other undisclosed current assets | 5,897 | 7,260 | 7,824 | 8,261 | 6,458 | 8,697 | |||
| Total current assets: | 223,928 | 205,589 | 201,714 | 246,387 | 250,042 | 249,128 | |||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset, after accumulated amortization | 20 | 29 | |||||||
| Operating lease, right-of-use asset | 7,310 | 4,823 | 4,510 | 7,295 | 6,571 | 9,276 | |||
| Property, plant and equipment | 3,323 | 3,005 | 3,401 | 4,755 | 5,916 | 7,103 | |||
| Intangible assets, net (including goodwill) | 312,205 | 395,837 | 399,284 | 402,727 | 406,196 | 779,691 | |||
| Goodwill | 277,202 | 352,721 | 352,721 | 352,721 | 352,721 | 665,813 | |||
| Intangible assets, net (excluding goodwill) | 35,003 | 43,116 | 46,563 | 50,006 | 53,475 | 113,878 | |||
| Regulated entity, other noncurrent assets | 2,496 | 3,956 | |||||||
| Other noncurrent assets | 2,735 | 1,941 | 2,493 | 2,621 | 2,586 | 2,737 | |||
| Other undisclosed noncurrent assets | 22,147 | 23,701 | 21,893 | 20,811 | 15,969 | 18,377 | |||
| Total noncurrent assets: | 350,216 | 429,327 | 431,610 | 438,209 | 441,194 | 817,184 | |||
| TOTAL ASSETS: | 574,144 | 634,916 | 633,324 | 684,596 | 691,236 | 1,066,312 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 14,012 | 13,145 | 12,164 | 24,063 | 25,100 | 38,264 | |||
| Employee-related liabilities | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 12,940 | ||
| Accounts payable | 4,425 | 3,479 | 1,698 | 2,073 | 3,765 | 4,768 | |||
| Accrued liabilities | 9,587 | 9,666 | 10,466 | 21,990 | 21,335 | 20,556 | |||
| Deferred revenue | 2,405 | 3,323 | 3,015 | 2,769 | 1,751 | 3,004 | |||
| Debt | 30,037 | 30,037 | |||||||
| Other undisclosed current liabilities | 154,732 | 132,978 | 122,706 | 164,011 | 222,093 | 213,643 | |||
| Total current liabilities: | 171,149 | 179,483 | 167,922 | 190,843 | 248,944 | 254,911 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 227,504 | 227,139 | 226,774 | 226,407 | 226,047 | 5,135 | |||
| Long-term debt, excluding current maturities | 227,504 | 227,139 | 226,774 | 226,407 | 226,047 | ||||
| Liabilities, other than long-term debt | 6,458 | 2,959 | 2,516 | 5,026 | 4,640 | 79 | |||
| Deferred revenue | 67 | 334 | |||||||
| Deferred rent credit | 81 | 84 | 93 | 58 | |||||
| Other liabilities | 21 | ||||||||
| Operating lease, liability | 6,391 | 2,878 | 2,432 | 4,933 | 4,306 | 5,135 | |||
| Business combination, contingent consideration, liability | |||||||||
| Other undisclosed noncurrent liabilities | 34,235 | 30,000 | 225,678 | ||||||
| Total noncurrent liabilities: | 268,197 | 230,098 | 229,290 | 261,433 | 230,687 | 230,892 | |||
| Total liabilities: | 439,346 | 409,581 | 397,212 | 452,276 | 479,631 | 485,803 | |||
| Equity | |||||||||
| Equity, attributable to parent | 134,798 | 225,335 | 236,112 | 232,320 | 211,605 | 580,509 | |||
| Common stock | 9 | 9 | 9 | 9 | 9 | 9 | |||
| Additional paid in capital | 1,243,594 | 1,230,458 | 1,219,530 | 1,190,949 | 1,182,568 | 1,169,213 | |||
| Accumulated other comprehensive income | 2,467 | 5,304 | 3,043 | 4,324 | 5,598 | 9,578 | |||
| Accumulated deficit | (1,111,272) | (1,010,436) | (986,470) | (962,962) | (976,570) | (598,291) | |||
| Total equity: | 134,798 | 225,335 | 236,112 | 232,320 | 211,605 | 580,509 | |||
| TOTAL LIABILITIES AND EQUITY: | 574,144 | 634,916 | 633,324 | 684,596 | 691,236 | 1,066,312 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 89,167 | 79,005 | 76,701 | 64,331 | 82,503 | 72,706 | ||
| Cost of revenue | (67,250) | (51,515) | (47,496) | (7,193) | (43,509) | |||
| Gross profit: | 21,917 | 27,490 | 29,205 | 57,138 | 38,994 | 72,706 | ||
| Operating expenses | (124,839) | (48,142) | (53,528) | (44,911) | (421,629) | (62,491) | ||
| Other undisclosed operating income | 1,305 | |||||||
| Operating income (loss): | (102,922) | (20,652) | (24,323) | 12,227 | (382,635) | 11,520 | ||
| Nonoperating income (expense) | 2,086 | (3,314) | 815 | 1,381 | 4,356 | (5,253) | ||
| Other nonoperating income (expense) | 2,925 | (2,399) | 1,389 | 1,389 | 4,506 | (4,673) | ||
| Interest and debt expense | (940) | (940) | (940) | (940) | (941) | (940) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | (101,776) | (24,906) | (24,448) | 12,668 | (379,220) | 5,327 | ||
| Other undisclosed income from continuing operations before income taxes | 940 | 940 | 940 | 940 | 941 | 940 | ||
| Income (loss) from continuing operations: | (100,836) | (23,966) | (23,508) | 13,608 | (378,279) | 6,267 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 6,267 | |
| Net income (loss) available to common stockholders, basic: | (100,836) | (23,966) | (23,508) | 13,608 | (378,279) | 6,267 | ||
| Other undisclosed net income available to common stockholders, diluted | 940 | |||||||
| Net income (loss) available to common stockholders, diluted: | (100,836) | (23,966) | (23,508) | 14,548 | (378,279) | 6,267 | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (100,836) | (23,966) | (23,508) | 13,608 | (378,279) | 6,267 | ||
| Comprehensive income (loss): | (100,836) | (23,966) | (23,508) | 13,608 | (378,279) | 6,267 | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (2,837) | 2,261 | (1,281) | (1,274) | (3,980) | 3,998 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (103,673) | (21,705) | (24,789) | 12,334 | (382,259) | 10,265 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.