EQS-News

CLIQ Digital with its best first quarter results ever

EQS-News: Cliq Digital AG / Key word(s): Quarter Results CLIQ Digital with its best first quarter results ever 04.05.2023 / 07:30 CET/CEST The issuer is solely responsible for the content of this announcement. CLIQ Digital with its best first quarter results ever

• 1Q 2023 sales up 58% to €83 million and EBITDA increased by 54%
• €1.26 EPS resulting from €8.2 million profit (+41%)
• €11 million net cash position at quarter-end close

DÜSSELDORF, 4 May 2023 – CLIQ Digital AG today publishes its unaudited first quarter 2023 financial report. 

Performance

• Sales: The main focus of the Group is on bundled-content services and the Group was able to sell substantially more bundled streaming services. In 1Q 2023, Group sales grew by 58% to €82.9 million (PY: €52.6 million) and were driven by increased online advertising campaigns promoting bundled content streaming services, which were up 79% year-on-year.

in millions of €	1Q 2023	1Q 2022	Δ
Bundled content	77.0	42.9	+79%
Single-content	5.9	7.1	-17%
Ad-funded[1]	-	2.7	-100%
Sales	82.9	52.6	58%

Regionally, North American and European sales grew both by 57% and sales in Latin America in 1Q 2023 were €3.0 million.