Professional
Added to YB: 2025-02-21
Pitch date: 2025-02-19
CDLX [neutral]
Cardlytics, Inc.
-65.05%
current return
Author Info
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Company Info
Cardlytics, Inc. operates an advertising platform in the United States and the United Kingdom. The company offers Cardlytics platform, a proprietary native bank advertising channel that enables marketers to reach customers through digital channels, such as online, mobile applications, email, and various real-time notifications; and Bridg platform, a customer data platform which utilizes point-of-sale data from merchant data partners, including product-level purchase data to enable marketers to perform analytics and targeted loyalty marketing, as well as measure the impact of their marketing.
Market Cap
$129.4M
Pitch Price
$3.09
Price Target
N/A
Dividend
N/A
EV/EBITDA
-11.15
P/E
-0.68
EV/Sales
1.14
Sector
Media
Category
N/A
Pernas Research Passes On: Cardlytics, Inc.
CDLX pass: Ad-tech platform connecting advertisers to banks, 166M users. Down 98% from highs due to overpriced acquisitions, ad spend slowdown, execution issues. Q3 rev $67.1M (-13% YoY), ~$5M quarterly cash burn. New CEO transitioning pricing models. Interesting concept, poor execution.
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