November 2014

CLIQ Digital AG publishes preliminary 9-months figures 2014 – Revenue growth continues in third quarter

  • 21/11/2014

CLIQ Digital AG publishes preliminary 9-months figures 2014 – Revenue growth continues in third quarter

– 3rd quarter of 2014 shows further improvement in revenues and earnings compared to the 2nd quarter of 2014

– Revenue increase in Q3 2014 to EUR 12.4 million (Q3 2013: EUR 11.9 million)

– EBITDA increases in the first 9 months of 2014 to EUR 8.5 million (9 months 2013: EUR 5.8 million)

– Further marketing activities planned to accelerate customer growth

Dusseldorf, 21 November 2014 – CLIQ Digital AG (ISIN DE000A0HHJR3, WKN A0HHJR), a leading provider of mobile games, apps, software and entertainment, reports the preliminary results for the first nine months of the 2014 financial year. Earnings before interests, taxes, depreciation and amortization (EBITDA) as a key performance indicator of the company increased to EUR 8.5 million (9 months 2013: EUR 5.8 million). In the third quarter, the company generated an EBITDA of EUR 3.4 million (Q3 2013: EUR 1.1 million).

Revenues of the CLIQ Digital group showed a further increase in the third quarter of 2014 compared to the previous two quarters and was with EUR 12.4 million for the first time this year above the previous year (Q3 2013: EUR 11.9 million). In the period January to September 2014, the company generated revenues of EUR 34.4 million (9 months 2013: EUR 42.4 million). Reduced marketing expenses in the second half of 2013 led to a temporary decline in revenues in the first half of 2014, which has now been stopped in the third quarter.

In the first nine months of the current fiscal year CLIQ Digital realised net earnings of EUR 0.9 million (9 months 2013: EUR 1.9 million / fiscal year 2013: EUR 1.1 million). Net earnings for the third quarter of 2014 amounted to EUR 0.3 million (Q3/2013: EUR 0.5 million). Cumulative earnings per share (EPS undiluted) for the first nine months of 2014 stood at EUR 0.21 (9 months 2013: EUR 0.46 / fiscal year 2013: EUR 0.25). Taking the October 2014 capital increase into account the EPS amounts to EUR 0.16.

Upon completion of the third quarter of 2014, CLIQ Digital AG successfully placed a capital increase and convertible bonds with total gross proceeds of approximately EUR 2.6 million. A significant part of the gross proceeds was used to reduce the company’s liabilities.

After the end of the third quarter of 2014 the Supervisory Board also agreed to a settlement agreement resulting in a repayment of the vendor loans and loans of existing shareholders.

Ben Bos, member of the Management Board of CLIQ Digital AG, comments on the current business development: “The fact that we were able to report further revenue growth and earnings in the traditionally weaker third quarter shows that our strategy is working. With the remaining proceeds from the capital measures, we will fund additional marketing activities to further accelerate our customer growth. I am convinced that after completion of the reorganization of our financing we can now return to sustainable growth. For this reason, I have increased my stake in CLIQ Digital AG in connection with the capital increase and on the market by a further 67,000 shares. ”

All figures in this Corporate News are unaudited. Changes in the accounting estimate were taken into consideration with the figures for the first 9 months of 2014, as announced with the preliminary results on 21 August 2014.

About CLIQ Digital:

Cliq Digital is a leading provider of games, apps, entertainment and software for PC’s, smartphones, feature phones and tablets. The core business of the company is the direct marketing of its products to end-customers via online- and mobile-marketing channels. CLIQ Digital offers its customers attractive products and is a valuable strategic business partner for developers, publishers and advertisers. The company, based in Dusseldorf and Amsterdam employs approximately 95 staff and is listed in the Entry Standard of the Frankfurt Stock Exchange (ISIN DE000A0HHJR3). Visit CLIQ on: www.cliqdigital.com.

Contact:

CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Freihamer Strasse 2
D-82166 Graefelfing/Munich
Tel.: +49 (0)89 89 82 72 27
Fax: +49 (0)89 89 52 06 22
E-Mail: sh@crossalliance.de

Cliq Digital AG: SUCCESSFUL CAPITAL INCREASE AND ISSUANCE OF CONVERTIBLE BOND

  • 05/11/2014

CLIQ Digital AG: SUCCESSFUL CAPITAL INCREASE AND ISSUANCE OF CONVERTIBLE
BOND

– Capital increase fully subscribed, convertible bond subscribed for in
the amount of EUR 394,000

– Placement of both instruments ensures gross proceeds of approximately
EUR 2.6 million

Düsseldorf, 4 November 2014 – CLIQ Digital AG (ISIN DE000A0HHJR3, WKN
A0HHJR), a leading provider of mobile games, apps, software and
entertainment, has determined the number of shares to be issued from the
capital increase against cash contribution and the final terms of the
convertible bond, both initially resolved on 14 October 2014.

The Company’s registered share capital will be increased from EUR
4,445,699.00 by EUR 1,480,349.00 to EUR 5,926,048.00 through the issue of
1,480,349 new no par value bearer shares, each with a notional value of EUR
1.00 per share. The new shares were fully subscribed by new investors in a
private placement and by existing shareholders of the Company in the rights
offering for EUR 1.50 per share. The new shares carry full dividend rights
from 1 January 2014. The new CLIQ Digital AG shares are expected to be
included in the existing listing on the entry standard sub-segment of the
Frankfurt Stock Exchange on 6 November 2014. The transaction was
accompanied by Baader Bank AG, Unterschleißheim.

The convertible bond amounts to EUR 394,000 and is divided into 394 notes
in bearer form with a nominal amount of EUR 1,000 each and matures on 5
November 2017. The notes are offered at 100% of their nominal amount and
with an annual coupon of 6.5 %. The conversion price is EUR 1.50 per share.
The notes are convertible into 262,666 new or existing no par value bearer
shares of CLIQ Digital AG, each with a notional value of the Company’s
share capital of EUR 1.00 per share. Noteholders have the right to exercise
their conversion right from 6 November 2014 until the maturity date. CLIQ
Digital AG has the right to enforce the conversion from 12 December 2014
on.

The total gross proceeds from the capital increase and the convertible bond
are approximately EUR 2.6 million.

Ben Bos, Management Board of CLIQ Digital, comments on the successful
placement: “The interest shown by investors indicates that, after having
finalised the financial restructuring, we are on the right track. And with
the extra funds available for marketing we are able to operationally act
more aggressively and implement our growth strategy consequently.”

About CLIQ Digital:
CLIQ Digital AG (ISIN DE000A0HHJR3), based in Dusseldorf, Germany, is a
leading provider of mobile games, apps, entertainment and software for
smartphones, feature phones and tablets. The core business of the company
is the direct marketing of its products to end-customers via Internet and
mobile Internet in multiple countries. The company was founded as Bob
Mobile AG in 2005. A decisive growth step was taken in 2012 with the
acquisition of Dutch company CLIQ B.V., which provided the name of the
newly positioned Group. The company is listed in the Entry Standard of the
Frankfurt Stock Exchange. Visit CLIQ on: www.cliqdigital.com.

Contact:

CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Freihamer Strasse 2
D-82166 Gräfelfing/Munich
Phone.: +49 (0)89 89 82 72 27
Fax: +49 (0)89 89 52 06 22
E-Mail: sh@crossalliance.de

© 2018 CLIQ Digital. All rights reserved.