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Side-by-side financial comparison of Cardlytics, Inc. (CDLX) and MANNATECH INC (MTEX). Click either name above to swap in a different company.

Cardlytics, Inc. is the larger business by last-quarter revenue ($50.9M vs $29.2M, roughly 1.7× MANNATECH INC). On growth, MANNATECH INC posted the faster year-over-year revenue change (-8.1% vs -25.5%). Cardlytics, Inc. produced more free cash flow last quarter ($13.0M vs $-2.0M). Over the past eight quarters, MANNATECH INC's revenue compounded faster (-5.4% CAGR vs -9.6%).

Cardlytics is a leading purchase intelligence and advertising platform that partners with major banks to analyze anonymized consumer transaction data. It delivers targeted, performance-driven ad campaigns for consumer brands, retailers and service providers, helping advertisers reach audiences based on real purchase behavior, with core operations across North America and the United Kingdom.

Mannatech Inc. is a publicly traded, multinational multi-level marketing firm that sells dietary supplements and personal care products. It was founded in November 1993 by Samuel Caster, and is headquartered in Flower Mound, Texas. The company's stock is traded on the NASDAQ exchange under the symbol MTEX. As of 2017, Mannatech employed 252 people and sold its products through some 220,000 independent sales associates.

CDLX vs MTEX — Head-to-Head

Bigger by revenue
CDLX
CDLX
1.7× larger
CDLX
$50.9M
$29.2M
MTEX
Growing faster (revenue YoY)
MTEX
MTEX
+17.4% gap
MTEX
-8.1%
-25.5%
CDLX
More free cash flow
CDLX
CDLX
$15.0M more FCF
CDLX
$13.0M
$-2.0M
MTEX
Faster 2-yr revenue CAGR
MTEX
MTEX
Annualised
MTEX
-5.4%
-9.6%
CDLX

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
CDLX
CDLX
MTEX
MTEX
Revenue
$50.9M
$29.2M
Net Profit
$1.9M
Gross Margin
76.4%
Operating Margin
-12.0%
6.9%
Net Margin
6.6%
Revenue YoY
-25.5%
-8.1%
Net Profit YoY
686.6%
EPS (diluted)
$-0.15
$1.01

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CDLX
CDLX
MTEX
MTEX
Q4 25
$50.9M
Q3 25
$47.0M
$29.2M
Q2 25
$58.0M
Q1 25
$56.4M
$26.6M
Q4 24
$68.3M
$29.0M
Q3 24
$61.1M
$31.7M
Q2 24
$64.0M
$27.7M
Q1 24
$62.2M
$29.4M
Net Profit
CDLX
CDLX
MTEX
MTEX
Q4 25
Q3 25
$-72.7M
$1.9M
Q2 25
$-9.3M
Q1 25
$-13.3M
$-1.5M
Q4 24
$2.3M
Q3 24
$-145.2M
$-328.0K
Q2 24
$-4.3M
$-624.0K
Q1 24
$-24.3M
$1.2M
Gross Margin
CDLX
CDLX
MTEX
MTEX
Q4 25
Q3 25
76.4%
Q2 25
Q1 25
74.3%
Q4 24
80.6%
Q3 24
74.5%
Q2 24
77.1%
Q1 24
78.6%
Operating Margin
CDLX
CDLX
MTEX
MTEX
Q4 25
-12.0%
Q3 25
-146.6%
6.9%
Q2 25
-22.0%
Q1 25
-24.9%
-3.1%
Q4 24
-12.2%
3.0%
Q3 24
-243.1%
2.8%
Q2 24
-24.7%
-4.1%
Q1 24
-36.7%
2.8%
Net Margin
CDLX
CDLX
MTEX
MTEX
Q4 25
Q3 25
-154.7%
6.6%
Q2 25
-16.0%
Q1 25
-23.5%
-5.8%
Q4 24
7.8%
Q3 24
-237.6%
-1.0%
Q2 24
-6.7%
-2.2%
Q1 24
-39.0%
4.0%
EPS (diluted)
CDLX
CDLX
MTEX
MTEX
Q4 25
$-0.15
Q3 25
$-1.36
$1.01
Q2 25
$-0.18
Q1 25
$-0.26
$-0.80
Q4 24
$-0.36
$1.19
Q3 24
$-2.90
$-0.17
Q2 24
$-0.09
$-0.33
Q1 24
$-0.56
$0.63

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CDLX
CDLX
MTEX
MTEX
Cash + ST InvestmentsLiquidity on hand
$48.7M
$7.1M
Total DebtLower is stronger
$212.6M
$2.9M
Stockholders' EquityBook value
$-6.5M
$7.0M
Total Assets
$285.6M
$33.9M
Debt / EquityLower = less leverage
0.42×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CDLX
CDLX
MTEX
MTEX
Q4 25
$48.7M
Q3 25
$44.0M
$7.1M
Q2 25
$46.7M
Q1 25
$52.0M
$9.3M
Q4 24
$65.6M
$11.4M
Q3 24
$67.0M
$12.2M
Q2 24
$71.2M
$9.2M
Q1 24
$97.8M
$7.9M
Total Debt
CDLX
CDLX
MTEX
MTEX
Q4 25
$212.6M
Q3 25
$214.6M
$2.9M
Q2 25
$214.3M
Q1 25
$213.9M
Q4 24
$213.6M
Q3 24
$213.2M
Q2 24
$212.9M
Q1 24
$257.9M
Stockholders' Equity
CDLX
CDLX
MTEX
MTEX
Q4 25
$-6.5M
Q3 25
$-4.7M
$7.0M
Q2 25
$58.7M
Q1 25
$64.1M
$7.6M
Q4 24
$70.0M
$8.6M
Q3 24
$69.7M
$10.0M
Q2 24
$210.0M
$8.2M
Q1 24
$199.1M
$10.4M
Total Assets
CDLX
CDLX
MTEX
MTEX
Q4 25
$285.6M
Q3 25
$292.8M
$33.9M
Q2 25
$361.1M
Q1 25
$369.1M
$36.7M
Q4 24
$392.7M
$36.1M
Q3 24
$399.4M
$40.6M
Q2 24
$534.4M
$39.9M
Q1 24
$569.0M
$41.1M
Debt / Equity
CDLX
CDLX
MTEX
MTEX
Q4 25
Q3 25
0.42×
Q2 25
3.65×
Q1 25
3.34×
Q4 24
3.05×
Q3 24
3.06×
Q2 24
1.01×
Q1 24
1.29×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CDLX
CDLX
MTEX
MTEX
Operating Cash FlowLast quarter
$13.0M
$-1.3M
Free Cash FlowOCF − Capex
$13.0M
$-2.0M
FCF MarginFCF / Revenue
25.5%
-6.8%
Capex IntensityCapex / Revenue
0.0%
2.4%
Cash ConversionOCF / Net Profit
-0.68×
TTM Free Cash FlowTrailing 4 quarters
$8.8M
$-1.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CDLX
CDLX
MTEX
MTEX
Q4 25
$13.0M
Q3 25
$1.8M
$-1.3M
Q2 25
$1.2M
Q1 25
$-6.7M
$-1.4M
Q4 24
$3.0M
$-219.0K
Q3 24
$1.4M
$3.3M
Q2 24
$4.4M
$-2.7M
Q1 24
$-17.6M
$1.9M
Free Cash Flow
CDLX
CDLX
MTEX
MTEX
Q4 25
$13.0M
Q3 25
$1.7M
$-2.0M
Q2 25
$903.0K
Q1 25
$-6.8M
$-1.9M
Q4 24
$2.9M
$-325.0K
Q3 24
$878.0K
$3.0M
Q2 24
$4.1M
$-2.7M
Q1 24
$-18.3M
$1.8M
FCF Margin
CDLX
CDLX
MTEX
MTEX
Q4 25
25.5%
Q3 25
3.7%
-6.8%
Q2 25
1.6%
Q1 25
-12.1%
-7.0%
Q4 24
4.2%
-1.1%
Q3 24
1.4%
9.5%
Q2 24
6.5%
-9.9%
Q1 24
-29.4%
6.2%
Capex Intensity
CDLX
CDLX
MTEX
MTEX
Q4 25
0.0%
Q3 25
0.0%
2.4%
Q2 25
0.6%
Q1 25
0.2%
1.8%
Q4 24
0.2%
0.4%
Q3 24
0.8%
0.8%
Q2 24
0.4%
0.3%
Q1 24
1.0%
0.2%
Cash Conversion
CDLX
CDLX
MTEX
MTEX
Q4 25
Q3 25
-0.68×
Q2 25
Q1 25
Q4 24
-0.10×
Q3 24
Q2 24
Q1 24
1.59×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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