August 2016

CLIQ Digital AG: Annual General Meeting honours positive business development

  • 29/08/2016

Düsseldorf, August 29, 2016 – The Annual General Meeting of CLIQ Digital AG (ISIN DE000A0HHJR3, WKN A0HHJR) was held in Düsseldorf on August 26 with 75.09 percent of the statutory nominal capital present. The shareholders expressed their satisfaction with the fiscal year 2015 business results and approved the actions of the executive board and the management board by a large majority.

The Management Board reported the positive business development of the company. CLIQ Digital accomplished to achieve profitable results in three consecutive years.  The forecast of the business development in the current fiscal 2016 remains positive. For 2016 the Management Board anticipates double-digit growth rates in revenue and profits.

Following a constructive shareholder debate, the shareholders approved the following resolutions proposed by the management with a large majority: MAZARS GmbH & Co.KG
Wirtschaftsprüfungsgesellschaft, Düsseldorf, has been appointed as auditor for the fiscal year 2016. Furthermore, the election of a Supervisory Board member of the Company was on the agenda of the Annual General Meeting. The Supervisory Board of CLIQ Digital AG now consists of the following three members: Dr Mathias Schlichting (chairman), Mr Karel Gustaaf Tempelaar (deputy chairman) and Mr Niels Martin Walboomers.

The Annual Shareholder Meeting approved, upon application of the main shareholder Grupa Media Holding BV, an authorized capital in the amount of up to EUR 1,547,178 which represents a lower amount than initially proposed by the management. The proposal to create a new authorization to issue convertible bonds and similar instruments (Item 7) was not put forward for resolution.

The voting results are available for download under https://www.cliqdigital.com.

 

 

About CLIQ Digital:

 

CLIQ Digital is a leading sales and marketing organization for digital products with its own payment platform. The core business of the Group is the direct marketing and billing 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 networks, developers, publishers and advertisers. The Group, based in Dusseldorf, employs approximately 85 staff and is listed in the Entry Standard of the Frankfurt Stock Exchange (ISIN DE000A0HHJR3).

 

 

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 publishes half-year results 2016

  • 18/08/2016

– Revenue increased by 6.4% to EUR 31.2 million (H1/2015: EUR 29.3 million)
– EBITDA climbed by 33.5% to EUR 12.8 million (H1/2015: EUR 9.6 million)
– Net result increased by 27.6% to EUR 1.2 million (H1/2015: EUR 0.9 million)

Düsseldorf, August 18, 2016 – CLIQ Digital AG (ISIN DE000A0HHJR3, WKN A0HHJR), a leading sales and marketing organization for digital products with its own payment platform, today published its financial figures for the first half of 2016.

 

Revenue and earnings development

H1/ 2016 H1/ 2015
Gross Revenue in EUR million 31.2 29.3
EBITDA in EUR million 12.8 9.6
Adjusted EBITDA in EUR million 2.4 2.1
Net Result in EUR million 1.2 0.9

 

In the period from January to June 2016, CLIQ Digital Group generated revenue of EUR 31.2 million compared to EUR 29.3 million in the first half of 2015. This represents an increase of 6.4%, resulting from increased marketing spend.

Earnings before interest, taxes, depreciation and amortization (EBITDA) rose by 33.5% in the period under review to EUR 12.8 million (H1/2015: EUR 9.6 million). Adjusted EBITDA (EBITDA -/- Amortization of Capitalized Customer Acquisition Costs), a measure for CLIQ Digital’s performance, increased to EUR 2.4 million in the first half of 2016 from EUR 2.1 million in the first half of 2015. Net result climbed by 27.6% to EUR 1.2 million in the period under review (H1/2015: EUR 0.9 million). Cumulative earnings per share (EPS) improved in the first half of 2016 to EUR 0.19 (H1/2015: EUR 0.15).

 

Development of KPIs

H1/ 2016 H1/ 2015
Number of Sales 1,221,875 1,129,291
ARPU (net-revenue per user for the first 6 months) in EUR 12.15 9.32
CPA (Cost per Acquisition) in EUR 8.38 6.80
ARPU to CPA (ARPU/CPA) 1.45 1.37
Marketing spend in EUR million 10.2 7.7
Customer value base in EUR million 19.3 15.5

 

Due to a stronger focus on the markets where a relatively high ARPU (average net revenue per user) can be generated, the profitability of the Group increased further in H1/2016. The ARPU rose to EUR 12.15 in H1/2016 (H1/2015: EUR 9.32). The CPA (costs per acquisition) also increased from EUR 6.80 in H1/2015 to EUR 8.38 in H1/2016. The ARPU to CPA ratio improved further from 1.37 in H1/2015 to 1.45 in H1/2016, indicating an increase in customer profitability. EUR 10.2 million was invested in marketing during the first six months of 2016, representing an increase of 33.3% compared to the first half of 2015 (EUR 7.7 million). The customer base value increased slightly to EUR 19.3 million in the period under review compared to EUR 15.5 million as of 30 June 2015. The customer base value is an important figure for the expected net revenue that will be generated by the existing customers.

 

Balance sheet and Cash flow

CLIQ Digital generated an increase in cash flow from its operating business to EUR 11.7 million (H1/2015: EUR 8.3 million). Companies financing debt further reduced to EUR 13.6 million from EUR 14.9 million per the end of last year. As of 30 June 2016, the Group reported consolidated equity of EUR 42.0 million (31/12/2015: EUR 40.7 million). The company’s share capital amounts to EUR 6,188,714.00, which consists of 6,188,714 listed shares.

 

Outlook 2016

Based on the positive sales and earnings performance in the first half of 2016, a further increase in marketing spend over the course of the year as well as the expectation of a traditionally strong fourth quarter, CLIQ Digital sees excellent prospects for the remainder of the fiscal year 2016. Therefore, Management Board reconfirms its forecast and anticipates double-digit growth rates for 2016.

The half-year figures have not been audited. The complete half-year report 2016 of CLIQ Digital AG is available for download in the investor relations section under https://www.cliqdigital.com.

 

About CLIQ Digital:

CLIQ Digital is a leading sales and marketing organization for digital products with its own payment platform. The core business of the Group is the direct marketing and billing 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 networks, developers, publishers and advertisers. The Group, based in Dusseldorf, employs approximately 85 staff and is listed in the Entry Standard of the Frankfurt Stock Exchange (ISIN DE000A0HHJR3).

Contact:

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

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