Earnings Presentation Q1 2020 slide image

Earnings Presentation Q1 2020

Appendix © 2020 Cardlytics Q1 2020 Results (unaudited) Revenue Billings (1) Gross profit Adjusted contribution (¹) Net loss attributable to common stockholders Net loss per share (EPS) Adjusted EBITDA(¹) Adjusted EBITDA margin (2) Non-GAAP net loss (¹) Non-GAAP net loss per share (¹) FI MAUS ARPU (Amounts in thousands, except ARPU and per share amounts) Three Months Ended March 31, 2020 $45,509 $67,776 $15,965 $20,379 ($13,531) ($0.51) ($3,982) (8.75%) ($7,038) ($0.26) 140,779 $0.32 2019 $35,988 $58,550 $13,738 $17,637 ($6,314) ($0.28) ($3,179) (8.83%) ($5,097) ($0.23) 108,468 $0.33 Change AMT $9,521 $9,226 $2,227 $2,742 ($7,217) ($0.23) ($803) ($1,941) ($0.03) 32,311 ($0.01) % 26.5% 15.8% 16.2% 15.5% 114.3% 81.6% 25.3% 38.1% 16.3% 30% (3.0%) (1) Billings, adjusted contribution, adjusted EBITDA, non-GAAP net loss and non-GAAP net loss per share are non-GAAP measures. Reconciliations of these non-GAAP measures to the most comparable GAAP measures are included in the appendix to this presentation, as well as definitions of these non-GAAP terms. (2) Adjusted EBITDA margin is calculated as adjusted EBITDA divided by revenue. 13
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