Risk factors
Cardlytics (CDLX) risk factors
Item 1A of every Cardlytics, Inc. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.
- FY2025 10-K risk factors60 risks6 new1 dropped13 reworded
2025 revenue fell 16.2% and billings fell 13.3%, intensifying growth risk.
Filed Mar 04, 2026 - FY2024 10-K risk factors55 risks
Cardlytics depends heavily on Chase, Bank of America, and Wells Fargo for purchase data and bank-partner platform distribution. Revenue dropped 10.0% to $278.3 million in 2024, with net losses reaching $189.3 million. The company faces high customer concentration and reliance on a nascent transaction-based marketing industry.
Filed Mar 12, 2025