Loyalty Ventures (LYLT)

Company Profile

Loyalty Ventures is a leading provider of tech-enabled, data-driven consumer loyalty solutions. Loyalty Ventures' solutions are focused on helping partners achieve their strategic and financial objectives, from increased consumer basket size, shopper traffic and frequency and digital reach to enhanced program reporting and analytics. Loyalty Ventures helps financial services providers, retailers and other consumer-facing businesses create and increase customer loyalty across multiple touch points from traditional to digital to mobile and emerging technologies. Loyalty Ventures owns and operate the AIR MILES Reward Program, Canada’s most recognized loyalty program, and Netherlands-based BrandLoyalty, a global provider of purpose-driven, tailor-made campaign-based loyalty solutions for grocers and other high-frequency retailers.

Company profile

Ticker

LYLT, LYLTQ

Exchange

NASDAQ

Website

www.loyaltyventures.com

Incorporated

Delaware

Location

Texas

Fiscal year end

Dec 31

Sector

Administrative and Support and Waste Management and Remediation Services > All Other Business Support Services

Industry (SIC)

Services - Business Services, NEC

Alibaba Group Holding • EBay • Visa • DiDi Global • Uber • PayPal • Accenture • Nielsen • Mastercard • Bread Financial ...

SEC CIK

0001870997

Corporate docs

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

A Delaware Corporation • ADI Crown Helix Limited • Apollo Holdings B.V. • Brand Loyalty Americas B.V. • Brand Loyalty Asia B.V. • Brand Loyalty Australia • Brand Loyalty Brasil Marketing de Promocoes LTDA • Brand Loyalty B.V. • Brand Loyalty Canada Corp. • Brand Loyalty Canada Holding B.V. ...

IRS number

871353472

LYLT stock data

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Latest filings (excl ownership)

View all

S-8 POS

Registration of securities for employees (post-effective amendment)

24 Mar 23

S-8 POS

Registration of securities for employees (post-effective amendment)

24 Mar 23

8-K

Entry into a Material Definitive Agreement

23 Mar 23

Voluntary exchange delisting

20 Mar 23

8-K

Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard

15 Mar 23

8-K/A

Financial Statements and Exhibits

10 Mar 23

8-K

Loyalty Ventures Inc. Announces Bankruptcy Filings and Plan to Delist from the Nasdaq Global Select Market

10 Mar 23

8-K

Departure of Directors or Certain Officers

9 Mar 23

8-K

Entry into a Material Definitive Agreement

2 Mar 23

8-K

Q3 2022 Loyalty Ventures Inc Earnings Call

8 Nov 22

Transcripts

LYLT

Earnings call transcript

2022 Q3

14 Nov 22

LYLT

Earnings call transcript

2022 Q2

12 Aug 22

LYLT

Earnings call transcript

2022 Q1

30 Apr 22

LYLT

Earnings call transcript

2021 Q4

4 Feb 22

Latest ownership filings

View all

CastleKnight Master Fund LP

15 Feb 23

SC 13G/A

REDWOOD CAPITAL MANAGEMENT, LLC

14 Feb 23

SC 13G/A

CastleKnight Master Fund LP

Financial summary

Financial statements Chart LYLT financial data

Quarter (USD)	Sep 22	Jun 22	Mar 22	Dec 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	123.31 mm	123.31 mm	123.31 mm	123.31 mm	123.31 mm	123.31 mm
Cash burn (monthly)	13.05 mm	11.59 mm	(no burn)	35.68 mm	1.43 mm	3.35 mm
Cash used (since last report)	76.00 mm	67.51 mm	n/a	207.87 mm	8.34 mm	19.52 mm
Cash remaining	47.31 mm	55.80 mm	n/a	-84.56 mm	114.97 mm	103.79 mm
Runway (months of cash)	3.6	4.8	n/a	-2.4	80.3	31.0

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q4 2022

LYLT institutional ownership history Ownership history

68.7% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	92	117	-21.4%
Opened positions	16	18	-11.1%
Closed positions	41	50	-18.0%
Increased positions	24	19	+26.3%
Reduced positions	30	49	-38.8%

13F shares	Current	Prev Q	Change
Total value	21.39 bn	201.10 mm	+10537.5%
Total shares	16.90 mm	19.62 mm	-13.9%
Total puts	156.60 k	56.06 k	+179.3%
Total calls	99.66 k	76.54 k	+30.2%
Total put/call ratio	1.6	0.7	+114.5%

Largest owners	Shares	Value	Change
BFH Bread Financial	4.67 mm	$140.46 mm	0.0%
CastleKnight Management	1.55 mm	$3.74 bn	+123.9%
CastleKnight Master Fund	1.55 mm	$0.00	NEW
BLK Blackrock	1.29 mm	$3.10 bn	-11.9%
D. E. Shaw & Co.	1.10 mm	$2.65 bn	+6.4%
Vanguard	930.99 k	$2.24 bn	+50.8%
Aqr Capital Management	817.83 k	$1.73 bn	-20.1%
BEN Franklin Resources	512.76 k	$1.24 bn	-65.1%
Franklin Mutual Advisers	512.75 k	$0.00	-63.9%
STT State Street	426.04 k	$1.03 bn	NEW

Largest transactions	Shares	Bought/sold	Change
Redwood Capital Management	0.00	-1.98 mm	EXIT
CastleKnight Master Fund	1.55 mm	+1.55 mm	NEW
BEN Franklin Resources	512.76 k	-955.42 k	-65.1%
Franklin Mutual Advisers	512.75 k	-908.28 k	-63.9%
CastleKnight Management	1.55 mm	+859.37 k	+123.9%
Millennium Management	19.10 k	-594.13 k	-96.9%
Rubric Capital Management	0.00	-498.50 k	EXIT
STT State Street	426.04 k	+426.04 k	NEW
Vanguard	930.99 k	+313.64 k	+50.8%
Arrowstreet Capital, Limited Partnership	396.65 k	+265.48 k	+202.4%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

LYLT insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
16 Feb 23	John Jeffrey Chesnut	Common Stock	Payment of exercise	Dispose F	No	No	1.75	656	1.15 k	43,202
16 Feb 23	Cynthia L Hageman	Common Stock	Payment of exercise	Dispose F	No	No	1.75	496	868.00	31,073
16 Feb 23	Claudia Mennen	Common Stock	Payment of exercise	Dispose F	No	No	1.75	1,956	3.42 k	29,625
16 Feb 23	Santillan Laura	Common Stock	Payment of exercise	Dispose F	No	No	1.75	704	1.23 k	40,984
15 Feb 23	Charles L Horn	Common Stock	Payment of exercise	Dispose F	No	No	1.71	4,410	7.54 k	94,925.605
15 Feb 23	John Jeffrey Chesnut	Common Stock	Payment of exercise	Dispose F	No	No	1.71	2,205	3.77 k	58,632
15 Feb 23	Cynthia L Hageman	Common Stock	Payment of exercise	Dispose F	No	No	1.71	1,654	2.83 k	42,649
15 Feb 23	Claudia Mennen	Common Stock	Payment of exercise	Dispose F	No	No	1.71	3,700	6.33 k	42,360
15 Feb 23	Santillan Laura	Common Stock	Payment of exercise	Dispose F	No	No	1.71	1,332	2.28 k	50,614