CLIQ Digital AG
CLIQ Digital AG publishes preliminary figures for 2019 – EBITDA up by 49%
DGAP-News: Cliq Digital AG
/ Key word(s): Preliminary Results
Corporate News CLIQ Digital AG publishes preliminary figures for 2019 – EBITDA up by 49% – Gross revenues up 8% to EUR 63.1 million (2018: EUR 58.2 million) Revenue and earnings development
According to preliminary calculations, CLIQ Digital generated gross revenues of EUR 63.1 million in the 2019 financial year compared to EUR 58.2 million in the previous year (up 8%). Net revenues – after deduction of payment service provider costs – rose by 13% to EUR 44.3 million in the year under review (2018: EUR 39.1 million). EBITDA increased significantly by 49% to EUR 5.8 million in 2019 (2018: EUR 3.9 million). The reason for the significantly improved earnings figures is the shift regarding the applied marketing strategy. In the past, the company was focused on marketing via third party partners. During the last 18 months, CLIQ Digital has significantly invested in its in-house direct media buying team. This resulted in increased marketing expenses by 18% year-on-year to EUR 22.2 million (2018: EUR 18.8 million) and at the same time significantly improved profitability (CLIQ factor). Development of KPIs The customer base value, an important indicator for the estimating of expected cash inflow based on existing customers, was EUR 26.0 million at the end of the fourth quarter of 2019 compared to EUR 25.5 million at the end of the third quarter of 2019 and EUR 24.0 million at the 2018 reporting date. The 2019 business figures are preliminary and have not yet been audited. CLIQ Digital AG will publish detailed statements on the development of business and earnings with the final audited annual financial statements for 2019 in accordance with IFRS as well as an outlook for the 2020 financial year with the publication of its annual report 2019 on April 2, 2020. Outlook 2020 Contact:
13.02.2020 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
Language: | English |
Company: | Cliq Digital AG |
Immermannstr. 13 | |
40210 Düsseldorf | |
Germany | |
E-mail: | investor@cliqdigital.com |
Internet: | www.cliqdigital.com |
ISIN: | DE000A0HHJR3 |
WKN: | A0HHJR |
Indices: | Scale 30 |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 973839 |
End of News | DGAP News Service |