secwatch.observer — SEC 8-K summary
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Issuer:     Cardlytics, Inc. (CDLX)
CIK:        0001666071
Form:       8-K
Filed at:   2025-03-12T23:59:59+00:00
Accession:  0001666071-25-000033
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cardlytics Q4 revenue down 17% YoY to $74.0M; guides Q1 2025 EBITDA loss
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- Q4 total revenue $74.0M, down 17% YoY; net loss $15.6M ($0.31 loss/share) vs $100.8M loss in Q4 2023.
- Full year 2024 revenue $278.3M (-10% YoY); net loss $189.3M ($3.91 loss/share) vs $134.7M loss in 2023.
- Q4 adjusted EBITDA $6.4M, down from $10.0M YoY; full year adjusted EBITDA $2.5M vs $3.8M in 2023.
- Q1 2025 guidance: revenue $57-60M, adjusted EBITDA loss $4.0-7.5M, reflecting continued headwinds.
- CEO cites 2024 as challenging year; MAUs down 0.4% QoQ to 167.3M, ARPU fell 16.7% to $0.44.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1666071/000166607125000033/0001666071-25-000033-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1666071/000166607125000033/cdlx-20250312.htm
  HTML page:      https://secwatch.observer/filing/0001666071-25-000033

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer