- Revenues in the first half-year reached EUR 22.0 million ( H1/2013: EUR 30.5 million) -
- Second quarter revenues at EUR 12.1 million, plus 22% quarter-on-quarter (Q1/2014: EUR 9.9 million)
- EBITDA increased to EUR 5.0 million in the first half year 2014 (H1/2013: EUR 4.7 million)
Dusseldorf, September 29, 2014 - CLIQ Digital AG (ISIN DE000A0HHJR3, WKN A0HHJR), a leading provider of mobile games, apps, software and entertainment, announces its final results for the first six months of the 2014 financial year.
Revenues recovered during the second quarter in comparison to the first three months 2014, positively affected by higher first quarter marketing spending. Second quarter revenues came in at EUR 12.1 million, an increase of 22% quarter-on-quarter (Q1/2014: EUR 9.9 million). Therefore revenues reached EUR 22.0 million in the first half year 2014, compared to EUR 30.5 million in the same period of 2013.
The decline in H1/2014 compared to H1/2013 revenues is mainly due to lower marketing spending in the second half of 2013. EBITDA (earnings before interests, taxes, depreciation and amortization) as a key performance indicator of the company increased (taking into consideration the change in accounting estimate as announced with the preliminary results on 21 August 2014) to EUR 5.0 million in the first half 2014 (H1/2013: EUR 4.7 million). Net earnings amounted to EUR 0.6 million in H1/2014 (H1/2013: EUR 1.4 million). The full interim report for the first six months of 2014 can be downloaded in English at http://www.cliqdigital.com/front-IR/annual-reports/