Cardlytics, Inc. (CDLX) [Rocket]

In millions, except per share items	Dec-31-22	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18	Dec-31-17	Dec-31-16	Dec-31-15
	10-K	10-K	10-K	10-K/A	10-K	10-K	10-K	10-K
Revenues:
Bridg Acquisition	21.4	8.4
Other	255.8	250.4
Total revenues	277.2	258.8	186.9	210.4	150.7	130.4	112.8	77.6
Revenue growth [+]	7.1%	38.5%	-11.2%	39.6%	15.6%	15.6%	45.3%
Bridg Acquisition	155.4%
Cost of goods sold	57.7	164.2	122.9	131.0	96.0	80.3	98.3	52.5
Gross profit	219.4	94.6	64.0	79.5	54.7	50.1	14.5	25.1
Gross margin	79.2%	36.5%	34.2%	37.8%	36.3%	38.4%	12.9%	32.4%
Selling, general and administrative [+]	156.2	132.2	91.8	80.5	76.1	52.0	52.6	51.0
Sales and marketing	74.7	66.0	45.3	43.8	41.9	31.9	31.3	32.8
General and administrative	81.4	66.2	46.5	36.7	34.2	20.1	21.4	18.2
Research and development	54.4	38.1	17.5	11.7	16.2	12.2	13.9	11.6
Other operating expenses	106.8	-9.7
EBITDA [+]	-98.0	-66.0	-45.4	-12.8	-37.6	-14.1	-52.0	-37.4
EBITDA growth	48.4%	45.4%	255.1%	-66.0%	167.5%	-72.9%	38.9%
EBITDA margin	-35.4%	-25.5%	-24.3%	-6.1%	-25.0%	-10.8%	-46.1%	-48.2%
Depreciation and amortization	37.5	29.9	7.8	4.5	3.3	3.0	4.2	2.2
EBIT [+]	-135.5	-95.9	-53.2	-17.3	-40.9	-17.1	-56.2	-39.6
EBIT growth	41.3%	80.1%	207.3%	-57.7%	139.3%	-69.6%	41.9%
EBIT margin	-48.9%	-37.1%	-28.5%	-8.2%	-27.2%	-13.1%	-49.8%	-51.1%
Non-recurring items [+]	322.2	26.7	0.7
Asset impairment	453.3	1.0	0.7
Restructuring charges	-2.9	24.4
Unusual expense	-128.2	1.4
Interest expense	2.6	12.6	3.0	0.5	3.3	0.9	1.6	1.5
Interest expense	2.6	12.6	3.0	0.5	3.3	0.9	1.6	1.5
Other income (expense), net [+]	-6.4	-1.3	1.5	0.7	-8.9	-1.6	-17.9	0.5
Change in fair value of warrants					-6.8	-0.6	0.0
Other	-6.4	-1.3	1.5	0.7	-2.1	1.3	-2.4	-0.4
Pre-tax income	-466.7	-136.4	-55.4	-17.1	-53.0	-19.6	-75.7	-40.6
Income taxes	-1.4	-7.9	0.0	0.0	0.0	0.0	0.0	0.0
Tax rate	0.3%	5.8%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Net income	-465.3	-128.6	-55.4	-17.1	-53.2	-25.4	-76.7	0.0
Net margin	-167.9%	-49.7%	-29.7%	-8.1%	-35.3%	-19.5%	-68.0%	-0.1%

Basic EPS [+]	($13.92)	($3.99)	($2.04)	($0.72)	($2.79)	($7.86)	($32.48)	($19.91)
Growth	248.7%	96.0%	182.1%	-74.1%	-64.5%	-75.8%	63.1%
Diluted EPS [+]	($13.92)	($3.99)	($2.04)	($0.72)	($2.79)	($7.86)	($32.48)	($19.91)
Growth	248.7%	96.0%	182.1%	-74.1%	-64.5%	-75.8%	63.1%

Shares outstanding (basic) [+]	33.4	32.2	27.2	23.7	19.1	3.2	2.4	0.0
Growth	3.8%	18.3%	14.6%	24.6%	490.1%	36.8%	112812.5%
Shares outstanding (diluted) [+]	33.4	32.2	27.2	23.7	19.1	3.2	2.4	0.0
Growth	3.8%	18.3%	14.6%	24.6%	490.1%	36.8%	112812.5%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.