EQS-News

CLIQ Digital announces record-breaking cash flow, sales and earnings in first six months 2023

EQS-News: Cliq Digital AG / Key word(s): Half Year Results/Half Year Report CLIQ Digital announces record-breaking cash flow, sales and earnings in first six months 2023 03.08.2023 / 07:30 CET/CEST The issuer is solely responsible for the content of this announcement. CLIQ Digital announces record-breaking cash flow, sales and earnings in first six months 2023

• €11 million operating free cash flow in 6M 2023 (PY: -€1 million)
• Sales and EBITDA up 37% to €160 million and €25 million respectively in 6M 2023
• €2.49 EPS resulting from €16 million net profit (+26%)
• Outlook 2023 confirmed

DÜSSELDORF, 3 August 2023 – CLIQ Digital AG today publishes its unaudited half-year report 2023. 

Performance

• Sales: In 6M 2023, Group sales grew by 37% to €160 million (PY: €117 million). The growth was driven by increased online advertising campaigns promoting bundled content streaming services, which were up 50% year-on-year, and by the higher lifetime value for bundled-content streaming services.

Breakdown:

in millions of €	6M 2023	6M 2022	Δ		2Q 2023	2Q 2022	Δ
Bundled-content	149	99	50%		72	56	28%
Single-content	11	13	-16%		5	6	-16%
Ad-funded[1]	-	5	-		-	2	-
Sales	160	117	37%		77	64	20%
North America	90	66	36%		46	38	20%
Europe	59	45	33%		26	23	11%
Latin America	6	0	-		3	0	-
ROW	4	6	-25%		2	3	-21%
Sales	160	117	37%		77	64	20%

Regionally, North American and European sales grew both by 36% and 33% respectively. Sales in Latin America in 6M 2023 were €6 million.