November 2017

CLIQ Digital AG announces 9-months figures 2017 – Net profit up by 30%

  • 13/11/2017

–  Revenue growth 15% to EUR 54.4 million (9 months 2016: EUR 47.4 million)

–  Net profit increases significantly
by 30% to EUR 2.4 million (9 months 2016: EUR 1.9 million)

–  Customer base value up by 32% to EUR 27.1 million (9 months 2016: EUR 20.5 million)

 

Dusseldorf, November 13, 2017 – CLIQ Digital AG
(ISIN DE000A0HHJR3, WKN A0HHJR), a leading sales and marketing organization for digital products with its own payment platform, today publishes its financial figures for the first nine months of the 2017 financial year. In the third quarter of 2017, the company was able to continue its growth dynamics and thereby recorded another significant increase in net result.

Development in revenue and earnings

 

9M/ 2017

9M/ 2016

Gross revenue in EUR million

54.4

47.4

Adjusted EBITDA in EUR million

4.2

3.7

EBIT in EUR million

3.9

3.4

Net result in EUR million

2.4

1.9

 

Compared to EUR 47.4 million in the prior year period, CLIQ Digital Group generated revenue of EUR 54.4 million in the first nine months of the current financial year. This growth of 15% includes revenue contributions from Universal Mobile Enterprises Group (UME), effective from 1 June 2017.

Revenue in the third quarter of 2017 went up by 20% to EUR 19.5 million (Q3/2016: EUR 16.2 million).
Marketing spend was lower at EUR 15.0 million in the period January to September 2017 compared to EUR 16.0 million in prior year period. In the third quarter of 2017, marketing expenditures amounted to EUR 5.4 million, a drop of 6% compared to the same quarter of the previous year (Q3/2016: EUR 5.8 million). Though the effectiveness of the marketing, measured by the CLIQ-Factor, has been much more effective compared to last year.

EBITDA adjusted for amortization and impairment of capitalized customer acquisition costs – an important indicator for the performance of CLIQ Digital AG – increased by 14% to EUR 4.2 million in the reporting period compared to EUR 3.7 million in the prior year period. Earnings before interest and taxes (EBIT) increased by 16% in the first nine months of 2017 to EUR 3.9 million (9 months 2016: EUR 3.4 million). Net profit increased significantly by 30% to EUR 2.4 million in the reporting period (9 months 2016: EUR 1.9 million). At the same pace, the cumulative earnings per share (EPS fully diluted) went up to EUR 0.38 in the first nine months of 2017 (9 months 2016: EUR 0.30).

Development of performance indicators

 

9M/ 2017

9M/ 2016

 

 

 

ARPU
(average net revenue per user for the first 6 months) in EUR

12.38

11.97

CPA (Cost per Acquisition) in EUR

8.44

8.48

ARPU to CPA (CLIQ-Factor)

1.47

1.41

Marketing spend in EUR million

15.0

16.0

Customer base value in EUR million

27.1

20.5

 

 

ARPU went up to EUR 12.38 in the period January to September 2017 (9 months 2016: EUR 11.97), and CPA (cost per acquisition) decreased to EUR 8.44 in the first nine months of 2017 compared to EUR 8.48 in the prior-year period. The ARPU to CPA ratio improved from 1.41 in the first nine months of 2016 to 1.47 in the first nine months of 2017, proof of a sustainable increase in customer profitability.

The customer base value, an important key figure for estimating the expected net revenue to be generated by existing customers, increased strongly by 32% to EUR 27.1 million in the reporting period compared to EUR 20.5 million in the first nine months of 2016. The rise resulted for a substantial part from the first-time inclusion of the customer base of UME.

Excluded the first-time inclusion the customer base value rose by 12%.

Outlook 2017

Based on the positive revenue and earnings performance in the first nine months of the current financial year 2017, the Management Board of CLIQ Digital AG confirms its forecast for the 2017 financial year for double-digit growth rates in revenue and consolidated earnings. 

The 9-months figures are unaudited and have not been subject to review by the auditors.

 

 

About CLIQ Digital:

 

CLIQ Digital (www.cliqdigital.com) 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 100+ staff and is listed in the Scale segment at the Frankfurt Stock Exchange (ISIN DE000A0HHJR3).

 

Contact:

 

CROSS ALLIANCE communication GmbH

Susan Hoffmeister

Freihamer Strasse 2

D-82166 Graefelfing/Munich

Germany

Tel.: +49 (0)89 89 82 72 27

Fax: +49 (0)89 89 52 06 22

E-Mail: sh@crossalliance.de

Web: www.crossalliance.de

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