01 Financial Calendar
Below you find the important dates regarding our announcements of the financial results and shareholder meetings.
Event Date
FY 2021 preliminary financial results 1 February 2022
FY 2021 Annual Report & earnings call 1 March 2022
Annual General Meeting 2022 14 April 2022
1Q 2022 Financial Report & earnings call 3 May 2022
Strategic update 15 June 2022
2Q/6M 2022 Financial Report & earnings call 2 August 2022
3Q/9M 2022 Financial Report & earnings call 3 November 2022
02 Financial Highlights
This site shows financial highlights of CLIQ Digital AG’s consolidated accounts set up under IFRS. The data used within this site is compiled from the respective annual and half-year reports and earnings announcements. In the preparation of the various data shown within this site, we make every effort to ensure its accuracy. But despite our best efforts, the possibility for inaccuracy in the data due to reasons beyond our control exists.
2022
2021
2020
2019
Revenue
Paid Members
2Q 2022 vs. 2Q 2021
+94%
to € 64.2 m
per 30/06/2022
1.7m
(per 31/3/2022: 1.5m)
2Q 2022
€ 64.2 m
1Q 2022
€ 52.6 m
4Q 2021
€ 46.8 m
3Q 2021
€ 40.0 m
2Q 2021
€ 33.1 m
EBITDA
2Q 2022 vs. 2Q 2021
+60%
to € 10.1 m
16%
EBITDA margin​
(2Q 2021: 19%)
profit for the period
2Q 2022 vs. 2Q 2021
+70%
to € 7.0 m
EPS
2Q 2022
€ 1.07
(2Q 2021: € 0.63)
Revenue & EBITDA Development
Profit for the year
03 Outlook
2020 2021 2022e 2025e
Revenue €107m €150m > €250m*
€500m
Marketing spend €34.2m €54.4m > €90m*
EBITDA €15.9m €27.2m
> €38m*
Paid memberships (in millions per 31/12) 0.9 1.3
> 2*
4-5
Lifetime Value of Customer Base (per 31/12) €50.0m €87.0m
>€110m
Profitability Index (previously CLIQ Factor) 1.68x 1.59x
~ 1.51x
* Updated outlook per
04 Financial Reporting
Below you find the annual and half-year reports of CLIQ Digital AG.
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
FY
3Q/9M
2Q/6M
1Q
05 Analyst Reports
Several financial analysts cover CLIQ Digital AG and publish earnings estimates based on their own analyses. On this website we provide an overview of this research. CLIQ Digital AG cannot guarantee or otherwise be responsible for the accuracy, completeness or topicality of the assessments or their presentation. The assessments or recommendations developed by the analysts solely represent the opinion of these analysts and do not represent the opinion, assessments or forecasts of CLIQ Digital AG.
2022
2021
2020
2019
2018
2017
2016
2015
06 Alternative Performance Measures
  • The CLIQ Digital Group (“CLIQ”) uses alternative performance measures, which are or may be non-GAAP measures, in its regular and mandatory financial reporting. These measures are not defined under IFRS.

    CLIQ uses non-GAAP measures as key performance indicators for internal Group management.

    For the purpose of evaluating the asset, financial and earnings position of CLIQ, these alternative performance measures should not be used in isolation or as an alternative to the financial measures presented in the consolidated financial state- ments and determined in accordance with IFRS.

    The alternative performance measures used are listed and explained below.

  • The marketing spend reflects the costs of the period for acquiring new members.

    The marketing spend for member acquisition that can be directly allocated to new subscribers to our subscription services is accounted for and capitalised in the balance sheet as contract costs. The contract costs are released to the income statement over the member’s revenue lifecycle with a maximum amortisation period of 18 months.

  • EBIT is earnings before interest and income taxes and includes depreciation, amortisation and impairment charges applied to intangible, tangible and current assets.

    EBIT is calculated by adding income taxes expenses and financial expenses and deducting income tax income and financial income to the net result for the period.

  • EBITDA is earnings before interest, taxes, depreciation and amortisation.

    EBITDA is calculated from EBIT plus depreciation and amortisation recognised in profit or loss and less reversals of impairment losses on intangible assets, property, plant and equipment and other fixed assets recognised in profit or loss.

  • The EBITDA margin is calculated from the EBITDA in relation to the gross revenue.

  • Financial measure that represents the net balance of incoming and outgoing payments during a reporting period.

  • Operating free cash flow is defined as the sum of net cash generated by operating and investing activities, i.e. before cash flow from financing activities.

  • Cash flow from investing activities is a financial measure that compares outgoing payments for the acquisition of fixed assets and incoming payments from the disposal of fixed assets.

  • Cash flow from financing activities is a financial measure that shows how investments were financed during the reporting period.

    It is calculated from additions to equity plus proceeds from the exercise of stock options less dividends paid plus proceeds from debt increase, less repayments of loans, bonds or similar debt instruments. In addition, the cash flow from financing activities takes into account changes in minority interests.

  • The Profitability Index (previously CLIQ Factor) is the ratio of the expected net revenue per user in the next six months to the cost of member acquisition. Net revenue is defined as revenue less the cost of third parties. The Profitability Index is used as a key performance indicator for measuring the profitability of newly acquired members and in the decision-making process as to whether to invest in certain products or markets.

     

  • The CBV is calculated by multiplying the number of members by their individual remaining net lifetime value. It therefore represents the total net revenue (i.e. gross revenue less the cost of third parties) that is expected to be generated by existing members.

  • A paid member is defined as a user subscribed to CLIQ’s services as at period-end and who pays for access to one of our content portals.