February 2018

CLIQ Digital AG’s subsidiary Grumbl Media concludes acquisition of majority stake in French media purchasing specialist AffiMobiz

  • 21/02/2018

– Majority stake of 80% in AffiMobiz effective 1 January 2018
– Stake in subsidiary CMind B.V. increased to 80%.
– Acquisition endorses expansion strategy of successful “Playfilms” streaming platform

 

Dusseldorf, 21 February 2018 – CLIQ Digital AG (ISIN DE000A0HHJR3, WKN A0HHJR), a leading direct marketing and sales organization for digital products with its own global payment and distribution platform, has concluded the acquisition of an 80% stake in the French media purchasing specialist AffiMobiz. In December 2017, the companies signed a Memorandum of Understanding (MoU) to this effect. AffiMobiz has been a partner of CLIQ Digital for many years and places media purchases mainly for the CLIQ Digital subsidiary CMind B.V., which operates the successful streaming platform “Playfilms”. By acquiring a majority stake in AffiMobiz, CLIQ Digital AG is underwriting its envisaged expansion strategy of further growing direct media purchasing and its relationships to networks with direct access to media providers. The joint use of know-how and infrastructure will make a significant contribution to accelerating the expansion of the streaming platform in the future. In order to strengthen its growth strategy, CLIQ Digital will also recruit additional staff to strengthen the media buying team in the distribution division of the Group’s digital lifestyle offerings.

In addition to the agreement on the majority stake in AffiMobiz, CLIQ Digital AG has increased its stake in the Dutch subsidiary CMind B.V., the operator of the successful streaming platform “Playfilms”, from 66.7% to 80.0%.

The new shareholdings will be consolidated in the CLIQ Digital Group with economic effect from 1 January 2018. The parties have agreed not to disclose the purchase price. The purchase price is financed from the cash flow of CLIQ Digital AG.

About CLIQ Digital:

CLIQ Digital (www.cliqdigital.com) is a leading direct marketing and sales organization for digital products with its own global payment and distribution platform. The core business of the Group is the direct marketing of its digital entertainment products to consumers via mobile and online marketing channels. CLIQ Digital is a valuable strategic business partner for networks, content owners, publishers and brands. The Group, based in Dusseldorf, employs +100 staff. The shares of CLIQ Digital AG are listed in the Scale 30 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

Revenue and earnings development (in EUR million)

  • 15/02/2018

– Revenue increases 8% to EUR 71 million (2016: EUR 65 million)

– EBIT climbs 15% to EUR 5.2 million (2016: EUR 4.5 million)

– Net profit (before non-controlling interests) rises to EUR 3.4 million (2016: EUR 2.7 million, +23%)

– Customer base value grows 24% to EUR 26 million (2016: EUR 21 million)

– Significant reduction of net debt of around 48% to EUR 5.5 million (2016: EUR 10.6 million)

 

Dusseldorf, February 15, 2018 – CLIQ Digital AG (ISIN DE000A0HHJR3, WKN A0HHJR), a leading direct marketing and sales organization for digital products with its own global payment and distribution platform, today announces its preliminary financial figures for the financial year 2017. In the year under review, the company was able to continue its international growth once again, posting a double-digit increase in earnings.

Revenue and earnings development (in EUR million)

2017  2016
Revenue 70.5 65.3
EBITDA (adjusted) 5.5 5.1
EBIT 5.2 4.5
Net profit (before non-controlling interests) 3.4 2.7
Net profit (after non-controlling interests) 3.3 2.7

 

According to preliminary calculations, the CLIQ Digital Group generated revenues of EUR 70.5 million (2016: EUR 65.3 million) in the financial year 2017, representing an increase of 8%, caused by a higher CLIQ Factor of 1.47 (2016: 1.41). The higher CLIQ factor compensated the lower marketing spend, which amounted to EUR 18.6 million in the year under review, compared with EUR 21.6 million in the previous year.

The profitability of the CLIQ Digital Group improved significantly in the reporting period compared to the previous year. According to preliminary calculations, EBITDA adjusted for amortization and impairments of capitalized customer acquisition costs (+9%) and EBIT (+15%) increased both compared to the previous year. EBIT climbed strongly from EUR 4.5 million to EUR 5.2 million. This represents an increase in the EBIT margin (EBIT/Gross Revenue) compared with the prior year from 6.9% to 7.3%.

Net profit before non-controlling interest rose significantly in the reporting period to EUR 3.4 million, compared with EUR 2.7 million in the previous year (+23%). Cumulative earnings per share (EPS diluted) improved from EUR 0.43 in the previous year to EUR 0.53 in 2017.

The customer base value grew by 24% to EUR 26 million in 2017, compared to EUR 21 million in the previous year. The customer base value is an important indicator for estimating the expected net revenues of existing customers.

The successful business development in the financial year 2017 also enabled CLIQ Digital AG to further reduce its liabilities to its financial institution, which were EUR 5.5 million as of December 31, 2017, around 48% below the previous year’s figure of EUR 10.6 million as of December 31, 2016. Payments on Corporate Income Tax of approximately EUR 2 million during the first half year of 2018 have to be considered.

The business figures for 2017 are preliminary and have not yet been audited. CLIQ Digital AG will publish detailed statements on the business and earnings development with the final audited annual financial statements for 2017 in accordance with IFRS as well as an outlook for the financial year 2018 when CLIQ Digital AG publishes its annual report 2017 on April 10, 2018.

About CLIQ Digital:

CLIQ Digital (www.cliqdigital.com) is a leading direct marketing and sales organization for digital products with its own global payment and distribution platform. The core business of the Group is the direct marketing of its digital entertainment products to consumers via mobile and online marketing channels. CLIQ Digital is a valuable strategic business partner for networks, content owners, publishers and brands. The Group, based in Dusseldorf, employs +100 staff. The shares of CLIQ Digital AG are listed in the Scale 30 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

CLIQ Digital AG is listed in Deutsche Börse’s new selection index Scale 30

  • 13/02/2018

Dusseldorf, 13 February 2018 – CLIQ Digital AG (ISIN DE000A0HHJR3, WKN A0HHJR) has been included in the new selection index Scale 30 of Deutsche Börse from its start. The selection index tracks the performance of the 30 most liquid stocks in the Scale segment for small and medium-sized enterprises (SMEs) in real time. Since the launch of Scale on 17 March 2017, the index has been a success story with a performance of around 30 percent. Inclusion in the index is based on the Prime Standard, which also takes account of order book turnover at the Xetra and Frankfurt Stock Exchanges. The values included in the Scale 30 index are weighted according to market capitalization and adjusted quarterly. The index is available in euro as a price and performance variant (ISIN: DE000A2J0J0PW5 or DE000A2GYJT2).

The inclusion of CLIQ Digital in the Scale 30 index further increases the Company’s visibility vis-à-vis investors. “Following an extraordinarily successful performance of the CLIQ Digital share in the past 2017 financial year with an increase of 59 percent, we are pleased to have been included in the Scale 30 index, which is a further vote of confidence of the capital market,” commented Ben Bos, member of the Management Board of CLIQ Digital AG.

CLIQ Digital AG will publish the preliminary figures for the financial year 2017 on February 15, 2018.

 

About CLIQ Digital:

CLIQ Digital (www.cliqdigital.com) is a leading direct marketing and sales organization for digital products with its own global payment and distribution platform. The core business of the Group is the direct marketing of its digital entertainment products to consumers via mobile and online marketing channels. CLIQ Digital is a valuable strategic business partner for networks, content owners, publishers and brands. The Group, based in Dusseldorf and employs +100 staff. The shares of CLIQ Digital AG are 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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