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Side-by-side financial comparison of Cardlytics, Inc. (CDLX) and RE/MAX Holdings, Inc. (RMAX). Click either name above to swap in a different company.
RE/MAX Holdings, Inc. is the larger business by last-quarter revenue ($71.1M vs $50.9M, roughly 1.4× Cardlytics, Inc.). On growth, RE/MAX Holdings, Inc. posted the faster year-over-year revenue change (-1.8% vs -25.5%). RE/MAX Holdings, Inc. produced more free cash flow last quarter ($33.5M vs $13.0M). Over the past eight quarters, RE/MAX Holdings, Inc.'s revenue compounded faster (-4.7% 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.
RE/MAX is an international real estate franchise operating in over 100 countries and territories that, in 2015, had over 100,000 agents in 6,800 offices.
CDLX vs RMAX — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $50.9M | $71.1M |
| Net Profit | — | $1.4M |
| Gross Margin | — | — |
| Operating Margin | -12.0% | 13.1% |
| Net Margin | — | 2.0% |
| Revenue YoY | -25.5% | -1.8% |
| Net Profit YoY | — | -75.2% |
| EPS (diluted) | $-0.15 | — |
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.
| Q4 25 | $50.9M | $71.1M | ||
| Q3 25 | $47.0M | $73.2M | ||
| Q2 25 | $58.0M | $72.8M | ||
| Q1 25 | $56.4M | $74.5M | ||
| Q4 24 | $68.3M | $72.5M | ||
| Q3 24 | $61.1M | $78.5M | ||
| Q2 24 | $64.0M | $78.5M | ||
| Q1 24 | $62.2M | $78.3M |
| Q4 25 | — | $1.4M | ||
| Q3 25 | $-72.7M | $4.0M | ||
| Q2 25 | $-9.3M | $4.7M | ||
| Q1 25 | $-13.3M | $-2.0M | ||
| Q4 24 | — | $5.8M | ||
| Q3 24 | $-145.2M | $966.0K | ||
| Q2 24 | $-4.3M | $3.7M | ||
| Q1 24 | $-24.3M | $-3.4M |
| Q4 25 | -12.0% | 13.1% | ||
| Q3 25 | -146.6% | 25.0% | ||
| Q2 25 | -22.0% | 19.3% | ||
| Q1 25 | -24.9% | 7.2% | ||
| Q4 24 | -12.2% | 5.9% | ||
| Q3 24 | -243.1% | 19.4% | ||
| Q2 24 | -24.7% | 20.6% | ||
| Q1 24 | -36.7% | 5.8% |
| Q4 25 | — | 2.0% | ||
| Q3 25 | -154.7% | 5.4% | ||
| Q2 25 | -16.0% | 6.4% | ||
| Q1 25 | -23.5% | -2.6% | ||
| Q4 24 | — | 8.0% | ||
| Q3 24 | -237.6% | 1.2% | ||
| Q2 24 | -6.7% | 4.7% | ||
| Q1 24 | -39.0% | -4.3% |
| Q4 25 | $-0.15 | — | ||
| Q3 25 | $-1.36 | — | ||
| Q2 25 | $-0.18 | — | ||
| Q1 25 | $-0.26 | — | ||
| Q4 24 | $-0.36 | — | ||
| Q3 24 | $-2.90 | — | ||
| Q2 24 | $-0.09 | — | ||
| Q1 24 | $-0.56 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $48.7M | $118.7M |
| Total DebtLower is stronger | $212.6M | $432.2M |
| Stockholders' EquityBook value | $-6.5M | $452.4M |
| Total Assets | $285.6M | $582.5M |
| Debt / EquityLower = less leverage | — | 0.96× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $48.7M | $118.7M | ||
| Q3 25 | $44.0M | $107.5M | ||
| Q2 25 | $46.7M | $94.3M | ||
| Q1 25 | $52.0M | $89.1M | ||
| Q4 24 | $65.6M | $96.6M | ||
| Q3 24 | $67.0M | $83.8M | ||
| Q2 24 | $71.2M | $66.1M | ||
| Q1 24 | $97.8M | $82.1M |
| Q4 25 | $212.6M | $432.2M | ||
| Q3 25 | $214.6M | $433.3M | ||
| Q2 25 | $214.3M | $434.4M | ||
| Q1 25 | $213.9M | $435.3M | ||
| Q4 24 | $213.6M | $436.2M | ||
| Q3 24 | $213.2M | $437.2M | ||
| Q2 24 | $212.9M | $438.1M | ||
| Q1 24 | $257.9M | $439.0M |
| Q4 25 | $-6.5M | $452.4M | ||
| Q3 25 | $-4.7M | $448.1M | ||
| Q2 25 | $58.7M | $442.4M | ||
| Q1 25 | $64.1M | $433.5M | ||
| Q4 24 | $70.0M | $429.5M | ||
| Q3 24 | $69.7M | $423.1M | ||
| Q2 24 | $210.0M | $418.4M | ||
| Q1 24 | $199.1M | $412.0M |
| Q4 25 | $285.6M | $582.5M | ||
| Q3 25 | $292.8M | $582.2M | ||
| Q2 25 | $361.1M | $574.8M | ||
| Q1 25 | $369.1M | $571.4M | ||
| Q4 24 | $392.7M | $581.6M | ||
| Q3 24 | $399.4M | $578.6M | ||
| Q2 24 | $534.4M | $571.4M | ||
| Q1 24 | $569.0M | $566.7M |
| Q4 25 | — | 0.96× | ||
| Q3 25 | — | 0.97× | ||
| Q2 25 | 3.65× | 0.98× | ||
| Q1 25 | 3.34× | 1.00× | ||
| Q4 24 | 3.05× | 1.02× | ||
| Q3 24 | 3.06× | 1.03× | ||
| Q2 24 | 1.01× | 1.05× | ||
| Q1 24 | 1.29× | 1.07× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $13.0M | $40.9M |
| Free Cash FlowOCF − Capex | $13.0M | $33.5M |
| FCF MarginFCF / Revenue | 25.5% | 47.1% |
| Capex IntensityCapex / Revenue | 0.0% | 10.4% |
| Cash ConversionOCF / Net Profit | — | 28.39× |
| TTM Free Cash FlowTrailing 4 quarters | $8.8M | $56.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $13.0M | $40.9M | ||
| Q3 25 | $1.8M | $17.7M | ||
| Q2 25 | $1.2M | $4.6M | ||
| Q1 25 | $-6.7M | $5.7M | ||
| Q4 24 | $3.0M | $59.7M | ||
| Q3 24 | $1.4M | $17.6M | ||
| Q2 24 | $4.4M | $15.9M | ||
| Q1 24 | $-17.6M | $9.4M |
| Q4 25 | $13.0M | $33.5M | ||
| Q3 25 | $1.7M | $16.4M | ||
| Q2 25 | $903.0K | $2.9M | ||
| Q1 25 | $-6.8M | $4.0M | ||
| Q4 24 | $2.9M | $53.0M | ||
| Q3 24 | $878.0K | $16.3M | ||
| Q2 24 | $4.1M | $14.0M | ||
| Q1 24 | $-18.3M | $6.8M |
| Q4 25 | 25.5% | 47.1% | ||
| Q3 25 | 3.7% | 22.4% | ||
| Q2 25 | 1.6% | 4.0% | ||
| Q1 25 | -12.1% | 5.3% | ||
| Q4 24 | 4.2% | 73.2% | ||
| Q3 24 | 1.4% | 20.8% | ||
| Q2 24 | 6.5% | 17.8% | ||
| Q1 24 | -29.4% | 8.6% |
| Q4 25 | 0.0% | 10.4% | ||
| Q3 25 | 0.0% | 1.8% | ||
| Q2 25 | 0.6% | 2.2% | ||
| Q1 25 | 0.2% | 2.3% | ||
| Q4 24 | 0.2% | 9.1% | ||
| Q3 24 | 0.8% | 1.7% | ||
| Q2 24 | 0.4% | 2.4% | ||
| Q1 24 | 1.0% | 3.3% |
| Q4 25 | — | 28.39× | ||
| Q3 25 | — | 4.45× | ||
| Q2 25 | — | 0.97× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 10.28× | ||
| Q3 24 | — | 18.22× | ||
| Q2 24 | — | 4.29× | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CDLX
Segment breakdown not available.
RMAX
| Franchising Segment | $50.1M | 70% |
| Broker Fees | $13.9M | 20% |
| Annual Dues | $7.4M | 10% |
