<

CLIQ DIGITAL AG (FRA:CLIQ) EQS-Adhoc: CLIQ Digital AG: Outlook for 2024 and mid-term Group sales target revised based on preliminary 6M financials

Transparency directive : regulatory news

11/07/2024 19:50

EQS-Ad-hoc: Cliq Digital AG / Key word(s): Change in Forecast
CLIQ Digital AG: Outlook for 2024 and mid-term Group sales target revised based on preliminary 6M financials

11-Jul-2024 / 19:50 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


CLIQ Digital AG: Outlook for 2024 and mid-term Group sales target revised based on preliminary 6M financials

DÜSSELDORF, July 11, 2024 – Based on the preliminary 6M financial results of the CLIQ Digital Group, the Management Board of CLIQ Digital AG has revised the Group’s forecast for the business year 2024 and the mid-term Group sales target today. The new forecast is to achieve revenues between €260 and €280 million (previously: between €300 and €330 million), an EBITDA ranging between €10 and €20 million (previously: between €26 and €30 million) and total customer acquisition costs of between €80 and €100 million (previously: between €120 and €140 million).

Furthermore, the estimate is now to achieve a revenue of around €325 million in the fiscal year 2025. In addition, the mid-term outlook is to achieve a run rate in 4Q 2026 to realise an annual revenue of more than €400 million going forward (previously: more than €500 million).

For the first half of 2024, the Management Board expects revenues of about €141 million (6M 2023: €160 million). Due to the early stage of the process, an estimate of further financial indicators for 6M 2024 involves uncertainties at the moment. Nevertheless, the Management Board expects that EBITDA, expressed as a percentage of revenues, will reach a similar range as in the first quarter of 2024.

The background of this development is that the recovery in sales will likely take longer than was anticipated at the time of the previous outlook.

CLIQ Digital will publish the final figures for the first six months 2024 on August 8, 2024.



End of Inside Information

11-Jul-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


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: 1944727

 
End of Announcement EQS News Service

1944727  11-Jul-2024 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1944727&application_name=news&site_id=symex~~~af100301-a623-4c64-8f3d-90fc88eca9e6


Other stories

13/07/2024 14:28
13/07/2024 19:08
13/07/2024 14:20
13/07/2024 09:19
13/07/2024 18:22
13/07/2024 13:47
13/07/2024 16:49
12/07/2024 20:01
13/07/2024 12:44
13/07/2024 16:33
13/07/2024 19:00
13/07/2024 02:31
13/07/2024 03:49
13/07/2024 19:00
11/07/2024 21:01
12/07/2024 20:38
12/07/2024 03:31
13/07/2024 10:13
13/07/2024 08:32
13/07/2024 04:02
13/07/2024 13:30
13/07/2024 08:42
13/07/2024 18:46
13/07/2024 18:52
13/07/2024 18:36
13/07/2024 12:54
13/07/2024 17:22
13/07/2024 17:43
13/07/2024 19:29
13/07/2024 19:37
12/07/2024 15:40
12/07/2024 16:07
13/07/2024 19:00
11/07/2024 20:07
12/07/2024 18:42
13/07/2024 08:00
13/07/2024 08:15
12/07/2024 15:54