Cardlytics ($CDLX): CDLX Report #96 - Current Offers, Advertisers, and Observations as of 6.15.2025 (Research Note #319)

Possible changes with international growth plans, former executive provides names of Bridg partners, potential AmEx issue, new Citi / CDLX observation, new and returning CDLX and CMS advertisers.

Summary: A summarized version of this report can be accessed separately on Clarity Markets (for more info, see here).

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This week’s report includes:

1. Possible changes with international growth plans

2. Former executive provides names of Bridg partners (previously undisclosed)

3. Potential AmEx issue

4. New Citi / CDLX observation

5. New and returning CDLX advertisers (including very large)

6. New and returning CMS advertisers (more switching from CDLX to CMS)

and more.

As a reminder, additional information and updates are shared in the Substack Chat, including a discussion on today’s large price movement within the latest thread.