📝 Cardlytics $CDLX (#8): Q4 2023 Earnings Call and Q1 Update
Cardlytics earnings call review and analysis
Welcome back, my fellow Cardlytics enjoyers! I wanted to provide a quick recap of events that transpired before, during, and following the last earnings call, including the signing of a new partner, the transition to the AWS server, changes in the capital structure, and a few other points. The following is a high-level commentary on my thoughts on Cardlytics. Please do not take any of it as investment advice and note that I hold shares in the company. Please enjoy.
Before I start, I wanted to let you know that I have started a small microcap advisory business. I may start to publish thoughts on the companies I hold a position in. For the moment, I have 6 companies that fit my investment style and that match the premise of my investing philosophy: 10x in 10 years.
So, Cardlytics… What a year… 2023 will surely be remembered as the year when the turns were tabled. Karim refocused the company on serving larger clients with a much leaner structure. And the result was spectacular. The compan…