Quarter-on-quarter sales growth of 8% and €15m operating free cash flow in 9M 2023
EQS-News: Cliq Digital AG
/ Key word(s): 9 Month figures/Quarterly / Interim Statement
CLIQ Digital AG: Quarter-on-quarter sales growth of 8% and €15m operating free cash flow in 9M 2023 9M 2023:
DÜSSELDORF, 2 November 2023 – CLIQ Digital AG today publishes its third quarter and nine months 2023 unaudited financial report.
“Despite muted consumer sentiment on the back of inflation, higher interest rates and disturbing geopolitical tensions, I am glad to report that Group sales grew by 25% in the first nine months and by 8% quarter-on-quarter,” said Luc Voncken, CEO. “The improved momentum in our cash flow and EBITDA generation continues to underscore our growth story going forward and are testament to the sustainability of our quite unique business model.”
A live video webcast will be held at 2.00 p.m. CET and conducted in English by Luc Voncken, CEO, and Ben Bos, member of the Management Board. To attend the video webcast, prior registration of contact details is required at https://quadia.live/6516dc0a21c4316ac14f1f3d/registration Questions submitted before 12.00 p.m. CET via email to investors@cliqdigital.com will be answered after the presentations. A recording of the webcast will be available after the webcast at: https://cliqdigital.com/investors/financials.
Investor relations: Sebastian McCoskrie, s.mccoskrie@cliqdigital.com, +49 151 52043659 Julián Palacios, j.palacios@cliqdigital.com, +49 151 18476600
Media relations: Daniela Münster, daniela.muenster@h-advisors.global, +49 174 3358111
About CLIQ Digital The CLIQ Digital Group sells subscription-based streaming services that bundle movies & series, music, audiobooks, sports and games to consumers globally. The Group licenses streaming content from partners, bundles it and sells the content through its numerous streaming services. Over the years, CLIQ Digital has become a specialist in online advertising and creating streaming services that are advertised towards specific consumer groups. CLIQ Digital operates in over 40 countries and employed 173 staff from 39 different nationalities as at 30 September 2023. The company is headquartered in Düsseldorf and has offices in Amsterdam, London, Paris and Toronto. CLIQ Digital is listed in the Scale segment of the Frankfurt Stock Exchange (ISIN: DE000A35JS40, GSIN/WKN: A35JS4) and is a constituent of the MSCI World Micro Cap Index. Visit our website at https://cliqdigital.com/investors, where you will find all publications as well as further information about CLIQ Digital and please follow us on LinkedIn. [1] Following a strategic realignment, the business activities relating to the (ad-funded) digital marketing services were discontinued as of 3Q 2022.
02.11.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. |
Language: | English |
Company: | Cliq Digital AG |
Grünstraße 8 | |
40212 Düsseldorf | |
Germany | |
E-mail: | s.mccoskrie@cliqdigital.com |
Internet: | www.cliqdigital.com |
ISIN: | DE000A35JS40 |
WKN: | A35JS4 |
Indices: | Scale 30 |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1762909 |
End of News | EQS News Service |
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1762909 02.11.2023 CET/CEST