Cardlytics (CDLX)

• Market cap: $173M
• 1 day: 7.59%
• 5 days: 13.71%
• 1 month: -11.92%
• 3 months: -16.67%
• 6 months: -61.67%
• Year to date: -8.85%
• 1 year: -48.48%
• 5 years: -96.05%
• 10 years: -74.57%
• Sector: Information Technology
• Industry: Computer Programming, Data Processing, Etc.

About: Cardlytics Inc operates an advertising platform within financial institutions' digital channels, which include online, mobile, email, and various real-time notifications. The company operates through segments namely, Cardlytics platform in the U.S. and U.K., and the Bridg platform. The Cardlytics platform segment which generates key revenue, operates a proprietary native bank advertising channel that enables marketers to reach consumers through their trusted and frequently visited online and mobile banking channels. The Bridg platform generates revenue through the sale of subscriptions to the cloud-based customer-data platform and the delivery of professional services like implementation, onboarding, and technical support. The company receives maximum revenue from the United States.

Employees: 456

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

90% more call options, than puts

Call options by funds: $5M | Put options by funds: $2.64M

19% more repeat investments, than reductions

Existing positions increased: 38 | Existing positions reduced: 32

11.78% less ownership

Funds ownership: 73.75% [Q2] → 61.97% (-11.78%) [Q3]

13% less funds holding

Funds holding: 127 [Q2] → 111 (-16) [Q3]

38% less funds holding in top 10

Funds holding in top 10: 8 [Q2] → 5 (-3) [Q3]

47% less first-time investments, than exits

New positions opened: 16 | Existing positions closed: 30

68% less capital invested

Capital invested by funds: $306M [Q2] → $99.2M (-$207M) [Q3]