Cliq Digital AG, DE000A0HHJR3

Cliq Digital AG, DE000A0HHJR3

08.05.2017 - 08:03:01

CLIQ Digital AG announces figures for the first quarter 2017 - successful start of the year with net profit increase of 61% compared to 1st quarter 2016

Corporate News

CLIQ Digital AG announces figures for the first quarter 2017 - successful start of the year with net profit increase of 61% compared to 1st quarter 2016

- Revenue climbs 11% to EUR 17.6 million in Q1 2017 (Q1 2016: EUR 15.8 million)

- EBIT up more strongly, by 43% to EUR 1.1 million (Q1 2016: EUR 0.7 million)

- CLIQ factor rose from 1.41 in the prior year period to 1.44 in Q1 2017

Düsseldorf, May 8, 2017 - CLIQ Digital AG (ISIN DE000A0HHJR3, WKN A0HHJR), a leading sales and marketing organization for digital products with its own payment platform, today announced its business development for the first three months in 2017.

Development in revenue and earnings

The CLIQ Digital Group has started the year 2017 successful and increased its revenues by 11% to EUR 17.6 million in the period January to March 2017 (Q1 2016: EUR 15.8 million). The double-digit growth in revenues was achieved, although the company's marketing spend in the first quarter of 2017 of EUR 4.9 million is approximately 15% below the previous year's level (Q1 2016: EUR 5.7 million).

The consolidated results also developed positively. Earnings before interest, taxes, depreciation and amortization (EBITDA) amounted to EUR 6.5 million in the first quarter of 2017 (Q1 2016: EUR 6.4 million). EBIT rose even stronger, up by 43% to EUR 1.1 million (Q1 2016: EUR 0.7 million). As a result, the EBIT margin rose to 6.0% (Q1 2016: 4.7%) compared to the previous year. After minority interests, CLIQ Digital generated a net profit of EUR 0.6 million in the first quarter of 2017 (Q1 2016: EUR 0.4 million). This represents an increase of 61%. The cumulative earnings per share (EPS) improved to EUR 0.09 in the reporting period (Q1 2016: EUR 0.06).

Development of KPI's

Thanks to the strategic focus of CLIQ Digital AG on high-margin markets, the CLIQ factor, the ratio of revenue to costs per customer, as a key indicator of the profitability of new customers, continued to grow in the first quarter of 2017 to 1.44 after reaching 1.41 in 2016. Concentrating on countries with a high CLIQ factor has impacted the marketing spend in the first quarter, whereby the latter was also influenced by stricter regulations in some countries. At the same time, the customer base value, an important key figure for estimating the expected net revenue to be generated by existing customers amounts to EUR 20.5 million per the end of the quarter (Q1 2016: EUR 18,8 million)

The 3-month figures for 2017 are unaudited and were not subject to a review.

About CLIQ Digital:

CLIQ Digital is a leading sales and marketing organization for digital products with its own payment platform. The core business of the Group is the direct marketing and billing of its products to end-customers via online- and mobile-marketing channels. CLIQ Digital offers its customers attractive products and is a valuable strategic business partner for networks, developers, publishers and advertisers. The Group, based in Dusseldorf, employs approximately 101 staff and is listed in the Scale segment at the Frankfurt Stock Exchange (ISIN DE000A0HHJR3).

Contact:

CROSS ALLIANCE communication GmbH Susan Hoffmeister Freihamer Strasse 2 D-82166 Gräfelfing/München Tel.: +49 (0)89 89 82 72 2 E-Mail: sh@crossalliance.de

08.05.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language: English

Company: Cliq Digital AG Immermannstr. 13 40210 Düsseldorf

Germany E-mail: investor@cliqdigital.com Internet: www.cliqdigital.com ISIN: DE000A0HHJR3 WKN: A0HHJR Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Stuttgart, Tradegate Exchange; Open Market (Scale) in Frankfurt   End of News DGAP News Service

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