{"id":3842,"date":"2018-02-01T22:39:02","date_gmt":"2018-02-02T03:39:02","guid":{"rendered":"http:\/\/www.ipoboutique.com\/blog\/?p=3842"},"modified":"2018-02-01T22:39:02","modified_gmt":"2018-02-02T03:39:02","slug":"cardlytics-inc-ipo-preview-cdlx","status":"publish","type":"post","link":"https:\/\/www.ipoboutique.com\/blog\/cardlytics-inc-ipo-preview-cdlx\/","title":{"rendered":"Cardlytics, Inc. #IPO Preview ($CDLX)"},"content":{"rendered":"<p><a href=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/02\/cardlytics.jpg\"><img decoding=\"async\" class=\"aligncenter size-full wp-image-3843\" src=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/02\/cardlytics.jpg\" alt=\"cardlytics\" width=\"249\" height=\"56\" \/><\/a><\/p>\n<p>Company: Cardlytics, Inc.<br \/>\nSymbol: CDLX<br \/>\nDescription: Cardlytics makes marketing more relevant and measurable through their purchase intelligence platform.<br \/>\nShares: 5.4 million<br \/>\nPrice Range: $13.00-$15.00<br \/>\nTrade Date: 2\/9<br \/>\nUnderwriter(s): BofA Merrill Lynch, J.P. Morgan<br \/>\nCo-Manager(s): Wells Fargo Securities, SunTrust Robinson Humphrey, Raymond James, KeyBanc Capital Markets<br \/>\nTerms Added: 1-29-18<\/p>\n<p><strong><a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1666071\/000119312518022400\/d338035ds1a.htm\" target=\"_blank\">Link to S-1\/A Prospectus<\/a><\/strong><\/p>\n<p><strong><a href=\"http:\/\/www.retailroadshow.com\/wp\/roadshows.asp\" target=\"_blank\">Link to Retail Roadshow<\/a><\/strong><\/p>\n<p><strong>Business<\/strong>:\u00a0With purchase data from more than 2,000 financial institutions, they have a secure view into where and when consumers are spending their money. By applying advanced analytics to this massive aggregation of purchase data, they make it actionable, helping marketers identify, reach and influence likely buyers at scale, and measure the true sales impact of their marketing spend. This collection of debit, credit, ACH, and bill pay data represented approximately $1.3 trillion in U.S. consumer spend in 2016. In 2016, their platform analyzed over 18.0\u00a0billion online and\u00a0in-store\u00a0transactions across more than 94.0\u00a0million accounts in the United States, representing one in five debit and credit card swipes in the United States.<\/p>\n<p><strong>Financials:\u00a0<\/strong>Their revenue, which excludes consumer incentives, was $53.8\u00a0million, $77.6\u00a0million and $112.8\u00a0million, for 2014, 2015 and 2016, respectively, representing a compound annual growth rate of 44.8%. Their revenue for the nine months ended September 30, 2017 was $91.1 million.<\/p>\n<p><a href=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/02\/Screen-Shot-2018-02-01-at-10.38.29-PM.png\"><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter size-full wp-image-3844\" src=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/02\/Screen-Shot-2018-02-01-at-10.38.29-PM.png\" alt=\"Cardlytics.Financials\" width=\"1274\" height=\"474\" srcset=\"https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/02\/Screen-Shot-2018-02-01-at-10.38.29-PM.png 1274w, https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/02\/Screen-Shot-2018-02-01-at-10.38.29-PM-600x223.png 600w, https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/02\/Screen-Shot-2018-02-01-at-10.38.29-PM-300x112.png 300w, https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/02\/Screen-Shot-2018-02-01-at-10.38.29-PM-1024x381.png 1024w\" sizes=\"(max-width: 1274px) 100vw, 1274px\" \/><\/a><\/p>\n<p><strong>Book-Building Status<\/strong>: The way the book comes together during the week of the roadshow is the most critical indicator to first-day and first-week performance. IPO Boutique uses its 45 years of experience and sources all over the street to gather daily subscription levels, specific price guidance and what type of investors are currently in the book or are anchoring orders in the book. In addition, recent underwriter performance on sector specific deals is a strong factor that IPO Boutique takes into account when determining if our clients should indicate for any offering.<\/p>\n<p><a href=\"https:\/\/www.ipoboutique.com\/Subscribe.html\"><span style=\"font-weight: 400;\">IPO Boutique subscription clients receive daily updates on this critical information.<\/span><\/a><\/p>\n<p><strong>Conclusion<\/strong>: IPO Boutique provides ratings, daily commentary and a forecast for how this IPO will open vs. its offering price. We have kept a\u00a0<a href=\"https:\/\/www.ipoboutique.com\/cgi\/ipo-track-record-summary-report.php\"><span style=\"font-weight: 400;\">track record<\/span><\/a>\u00a0with our performance for last 12 years at our website. Additionally, here&#8217;s a<a href=\"http:\/\/www.ipoboutique.com\/blog\/?p=3655\"> 2017 recap of our performance<\/a>\u00a0to showcase the value of IPO Boutique&#8217;s service.<\/p>\n<p><b>Indicate with confidence,\u00a0<\/b><a href=\"https:\/\/www.ipoboutique.com\/Subscribe.html\"><b>SUBSCRIBE<\/b><\/a><b>\u00a0today.<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Company: Cardlytics, Inc. Symbol: CDLX Description: Cardlytics makes marketing more relevant and measurable through their purchase intelligence platform. Shares: 5.4 million Price Range: $13.00-$15.00 Trade Date: 2\/9 Underwriter(s): BofA Merrill Lynch, J.P. Morgan Co-Manager(s): Wells Fargo Securities, SunTrust Robinson Humphrey, Raymond James, KeyBanc Capital Markets Terms Added: 1-29-18 Link to S-1\/A Prospectus Link to Retail[&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"zakra_general_container_width":0,"zakra_general_content_width":0,"zakra_general_sidebar_width":0,"zakra_sticky_header":"customizer","zakra_header_main_area":true,"zakra_site_logo_width":0,"zakra_header_top_enabled":"customizer","zakra_header_top_style":"customizer","zakra_primary_menu_item_style":"customizer","zakra_page_header_text_color":"","zakra_page_header_layout":"customizer","zakra_page_title_bg":"","zakra_footer_widgets_bg_image":0,"zakra_page_title_bg_repeat":"customizer","zakra_page_title_bg_position":"customizer","zakra_page_title_bg_size":"customizer","zakra_page_title_bg_attachment":"customizer","zakra_breadcrumbs_enabled":"customizer","zakra_breadcrumbs_text_color":"","zakra_breadcrumbs_separator_color":"","zakra_breadcrumbs_link_color":"","zakra_breadcrumbs_link_hover_color":"","zakra_page_title_bg_image":0,"zakra_footer_widgets_enabled":"customizer","zakra_footer_column_layout_1_style":"customizer","zakra_footer_widgets_bg":"","zakra_footer_widgets_bg_repeat":"customizer","zakra_footer_widgets_bg_position":"customizer","zakra_footer_widgets_bg_size":"customizer","zakra_footer_widgets_bg_attachment":"customizer","zakra_footer_bar_enabled":"customizer","zakra_footer_bar_style":"customizer","footnotes":""},"categories":[24],"tags":[1466],"class_list":["post-3842","post","type-post","status-publish","format-standard","hentry","category-ipo","tag-cdlx"],"_links":{"self":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/3842","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/comments?post=3842"}],"version-history":[{"count":2,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/3842\/revisions"}],"predecessor-version":[{"id":3846,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/3842\/revisions\/3846"}],"wp:attachment":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/media?parent=3842"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/categories?post=3842"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/tags?post=3842"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}