2019

CLIQ Digital AG: Majority of shareholders approves all items on the agenda at the Annual General Meeting

  • 17/05/2019

Dusseldorf, May 17, 2019 – CLIQ Digital AG (ISIN DE000A0HHJR3, GSIN A0HHJR), a leading direct marketing and sales organization for digital products with its own global payment and distribution platform, held its Annual General Meeting in Düsseldorf today with an attendance of 42.07 percent of the share capital. The shareholders approved all resolutions proposed by the management with a majority. The actions of the Management Board and Supervisory Board were approved with 99.32 percent and 99.83 percent respectively. The proposal that MAZARS GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Berlin, as auditor for the (consolidated) annual financial statements for the 2019 financial year, were accepted by the shareholders with 99.99 percent approval. The resolution to create new authorized capital 2019, which provides for the possibility of increasing it by up to EUR 3,094,357.00 by May 16, 2024, was approved by 94.04 percent.

For CLIQ Digital AG, 2018 was a year of transformation and marked by the integration of the acquisitions in Great Britain (2017), France and the newly established branch in the USA. Higher marketing expenses in the first quarter of 2019 enabled the company to lay the foundation for a return to growth. The Management Board confirmed in its speech at the Annual General Meeting its forecast for the 2019 financial year, which envisages steady organic revenue growth and slightly higher earnings before interest, taxes, depreciation and amortization (EBITDA) than in the previous year.

The voting results are available for download at www.cliqdigital.com.

About CLIQ Digital:

CLIQ Digital (www.cliqdigital.com) is a leading direct marketing and sales company for digital products with its own global payment and distribution platform. The Group’s core business is the direct marketing of its digital entertainment products to consumers through mobile and online marketing channels. The Group, based in Düsseldorf, is a valuable strategic business partner for networks, content owners, publishers, and advertisers. The shares of CLIQ Digital AG are listed on Scale 30 of the Frankfurt Stock Exchange (ISIN DE000A0HHJR3).

Contact:
 
CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Bahnhofstr. 98
D-82166 Graefelfing/Munich
Germany
Tel.: +49 (0) 089 125 09 03-30
E-Mail: sh@crossalliance.de

CLIQ Digital AG announces figures for the first quarter 2019 – Higher marketing activities lay basis for return to growth

  • 15/05/2019

– Gross revenue in first quarter 2019 at EUR 13.8 million (Q4 2018: EUR 13.5 million)
– Revenue after deduction of payment provider costs increased by 4% compared to Q4 2018
– Marketing spend in Q1 2019 7% higher compared to Q4 2018
– EBITDA, adjusted for one off costs came in at EUR 1.1 million, 6% higher than Q4 2018 (EUR 1.0 million)

 

Dusseldorf, May 15, 2019 – CLIQ Digital AG (ISIN DE000A0HHJR3, GSIN A0HHJR), a leading direct marketing and sales organization for digital products with its own global payment and distribution platform, today announced its business development for the first three months in 2019.

Revenue and earnings development

In the period January to March 2019, the CLIQ Digital Group generated gross revenues of EUR 13.8 million (Q4 2018: EUR 13.5 million). As already communicated with the publication of the audited consolidated financial statements on April 4th, 2019, the CLIQ Digital Group is aiming for steady organic growth in the current financial year through (slightly) rising marketing expenses and a CLIQ factor at the 2018 level.

The revenues in the first quarter of 2019 rose by 2% on a gross and by 4% on a net revenue level compared to Q4 2018. Net revenue is revenue after deduction of costs for payment service providers. The CLIQ Digital Group increased its total marketing spend by approximately 7% to EUR 5.1 million in the first quarter of 2019 compared to EUR 4.7 million in the fourth quarter of 2018. Compared to the third quarter of 2018 (EUR 4.1 million), the marketing spend increased by 25%.

EBITDA adjusted for depreciation, amortization and impairment losses on capitalized customer acquisition costs – a key indicator for the success of CLIQ Digital AG – came in at EUR 1.1 million in the reporting period, not taking into consideration the additional costs relating to one off costs for restructuring of EUR 0.5 million and the costs relating to the valuation of share-options of EUR 0.1 million. The EBITDA, adjusted for one off costs is EUR 0.1 million above Q4 2018 (EUR 1.0 million). Including the one off costs during the first quarter of 2019 EBITDA came in at EUR 0.5 million.

Development of KPI’s

The CLIQ factor increased slightly to 1.34 in the first quarter of 2019, compared with 1.33 in Q4 2018. The CLIQ factor represents the ratio of revenue to costs per customer and is a key indicator for measuring the profitability of new customers. Management expects the CLIQ factor to increase further in the second quarter of 2019.

The customer base value, an important indicator for estimating the expected cash inflow based on existing customers, came in amounting to EUR 24.0 million at the end of the first quarter of 2019 equaling the 4th quarter 2018.

The 3-month figures for 2019 are unaudited and were not subject to review.

 

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
Bahnhofstr. 98
D-82166 Graefelfing/Munich
Germany
Tel.: +49 (0) 089 125 09 03-33
Fax: +49 (0)89 89 52 06 22
E-Mail: sh@crossalliance.de

CLIQ Digital AG publishes audited consolidated financial statements for 2018 – return to growth path in 2019

  • 04/04/2019

– Audited Group figures 2018 correspond to the preliminary figures of 14 February 2019
– Forecast 2019: organic growth through rising marketing expenses

Düsseldorf, 4 April 2019 – CLIQ Digital AG (ISIN DE000A0HHJR3, WKN A0HHJR), a leading direct marketing and distribution organization for digital products with its own global payment and distribution platform, today publishes its audited consolidated financial statements for fiscal year 2018 and forecast for 2019.

Revenue and earnings development (in EUR million)

2018  2017
Revenue 58.2 70.5
Net revenue 39.1 42.5
EBITDA (adjusted) 3.9 5.5
EBIT 3.0 5.2
Net profit 3.0 3.4
     
Non-Controlling Interest 0.8 0.1
Attributable to the shareholders 2.2 3.3

 

Following the impressive financial performance in the year 2017 the financial year 2018 proved to be challenging for the CLIQ Digital Group. 2018 was characterized by the integration of the acquisitions in the United Kingdom (2017) and France as well as the newly incorporated office in the United States into the CLIQ Digital Group.

The Group generated in 2018 revenues of EUR 58.2 million (2017: EUR 70.5 million) representing a decrease of 17.4% compared to the previous year. Net revenues (revenues after deduction of costs for payment service providers) decreased with 8% from EUR 42.5 million last year to 39.1 million in the period under review.  The decrease in revenues can be allocated to a slow start in 2018 due to lower marketing spend in the fourth quarter of 2017 related to temporary delays in new product launches and the lower CLIQ-factor of 1.36 (2017: 1.47). The CLIQ factor represents the ratio of revenue to costs per customer and is a key indicator for measuring the profitability of new customers. The decrease in CLIQ-factor is caused by the shift from affiliate marketing to direct media buying which provides more control over the advertisement campaigns.

EBITDA adjusted for amortization of capitalized customer acquisition costs decreased in 2018 to EUR 3.9 million compared to EUR 5.5 million in the previous year caused by the lower revenues. Net profit decreased from EUR 3.4 million last year to EUR 3.0 million in the year under review. Cumulative earnings per share (EPS diluted) came in at EUR 0.34 in 2018 compared to EUR 0.52 in the previous year.

Development of KPI’s

The customer base value – an important indicator for estimating the expected net revenue of existing customers – increased by 9% to EUR 24 million in the fourth quarter of 2018 from EUR 22 million at the end of the third quarter as a result of increased marketing expenses (Q4/2018: EUR 4.7 million compared to Q3/2018: EUR 4.1 million). For the full year 2018, marketing expenses totaled EUR 18.8 million, slightly above the previous year’s level of EUR 18.6 million.

Outlook 2019

Following a successful start to 2019, the CLIQ Digital Group is aiming for steady organic growth in the current financial year through (slightly) rising marketing expenses and a CLIQ factor at the 2018 level. In conjunction with the focus on synergies and cost reductions in the individual business areas of the Group, CLIQ Digital expects EBITDA to be (slightly) higher than in 2018. Overall, the Management Board is confident that CLIQ Digital will return to its growth path in the current financial year.

The audited Annual Report 2018 is now available for download at www.cliqdigital.com in the Investor Relations section.

 

About CLIQ Digital:

CLIQ Digital (www.cliqdigital.com) is a leading direct marketing and distribution organization for digital products with its own global payment and distribution platform. CLIQ Digital’s core business is the direct marketing of its digital entertainment products to consumers via mobile and online marketing channels. The Group, based in Düsseldorf is a valuable strategic business partner for networks, content owners, publishers and advertisers. The shares of CLIQ Digital AG are listed in the Scale 30 of the Frankfurt Stock Exchange (ISIN DE000A0HHJR3).

Contact

CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Bahnhofstr. 98
D-82166 Graefelfing/Munich
Tel.: +49 (0)89 1250903-33
E-Mail: sh@crossalliance.de

CLIQ Digital AG announces preliminary figures for 2018 and expects growth for 2019

  • 14/02/2019

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– Net revenue 2018 at EUR 39.1 million (2017: EUR 42.5 million)
– Adjusted EBITDA at EUR 3.9 million (2017: EUR 5.5 million)
– Net profit (before non-controlling interests) at EUR 3.0 million (2017: EUR 3.4 million)
– Customer base value increases by 9% to EUR 24 million in fourth quarter of 2018
– Outlook 2019: Return to growth path due to investments in marketing spend and streaming content

 

Dusseldorf, February 14, 2019 – 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 2018.

Revenue and earnings development (in EUR million)

2018  2017
Revenue 58.2 70.5
Net Revenue 39.1 42.5
EBITDA (adjusted) 3.9 5.5
Net profit (before non-controlling interests) 3.0 3.4

 

According to preliminary calculations, the CLIQ Digital Group generated revenues of EUR 58.2 million (2017: EUR 70.5 million) in the financial year 2018, representing a decrease of 17.4%, caused by a lower CLIQ Factor of 1.36 (2017: 1.47). Net revenue (revenue after deduction of the cost for the payment service providers) was at EUR 39.1 million in the year under review, 8% below the previous year’s figure (2017: EUR 42.5 million).

According to preliminary calculations, EBITDA adjusted for amortization and impairments of capitalized customer acquisition costs amounted to EUR 3.9 compared to EUR 5.5 in the previous year. Net profit before non-controlling interest amounted to EUR 3.0 million in the period under review, compared with EUR 3.4 million in the previous year.

Development of KPI’s

The customer base value increased by 9% in the fourth quarter of 2018 to EUR 24 million compared to EUR 22 million as of September 30, 2018, as a result of the increase in marketing spend during the last quarter of 2018. The customer base value is an important indicator for estimating the expected net revenues of existing customers going forward.

In Q4 2018 Marketing spend was up by 16% amounting EUR 4.7 million compared to EUR 4.1 million in Q3 2018. The marketing spend of EUR 18.8 million for the financial year was slightly above last year’s level (2017: EUR 18.6 million).

Based on current market developments, the good start to the new year and the increased customer base value, the Management Board is confident that CLIQ Digital will return to its growth path in the current year.

The financial figures for 2018 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 2018 in accordance with IFRS, as well as an outlook for the financial year 2019, when CLIQ Digital AG publishes its annual report 2018 on April 4, 2019.

 

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
Bahnhofstr. 98
D-82166 Graefelfing/Munich
Germany
Tel.: +49 (0)89 89 82 72 27
E-Mail: sh@crossalliance.de
 

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