EQS-News: CLIQ Impairs Goodwill
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EQS-News: Cliq Digital AG
/ Key word(s): Annual Results
CLIQ Impairs Goodwill
DÜSSELDORF, 27 January 2025 – As part of the preparation of the annual 2024 financial statements, the carrying amount of CLIQ Digital AG’s goodwill had to be tested for impairment as required under International Financial Reporting Standards (IFRS). As a result, CLIQ correct its goodwill and recognises an impairment loss of €26.6 million in its financial statements for the year ended 2024. This goodwill impairment is primarily attributable to the challenging market conditions as well as to the significant decline in 2024 in the Group’s market value as determined by the stock market capitalisation. The goodwill impairment is an accounting adjustment and does not impact CLIQ Digital’s liquidity, cash flow, operational performance or reported EBITDA. However, the recognition of the goodwill impairment will have a negative impact on EBIT and the net result for the 2024 financial year. The audited 2024 Annual Report will be published on the company’s website at https://cliqdigital.com/investors/financials#financial-reporting-new-calendar and presented by Management during an earnings call on 20 February 2025. Management Board statement “After numerous strong years of growth, 2024 was a very challenging year for us”, said Ben Bos, member of the Management Board. “The goodwill correction is a further reflection of this. Nevertheless, we remain focused on executing our strategic initiatives to raise shareholder value and effectively navigate current market challenges.”
Contacts Investor Relations: Financial calendar
About CLIQ The CLIQ Digital Group is a leading online performance marketing company selling subscription-based streaming services that bundle movies & series, music, audiobooks, sports and games to consumers worldwide. 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 144 staff from 37 different nationalities as at 30 September 2024. The company is headquartered in Düsseldorf and has offices in Amsterdam, 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.
27.01.2025 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group. |
| 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: | 2074769 |
| End of News | EQS News Service |
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2074769 27.01.2025 CET/CEST
Boersengefluester.de (BGFL) provides an overview of the key figures on sales, earnings, cash flow and dividends to help you better assess the fundamental development of the respective companies. All information is entered manually in our database - the source is the respective annual reports. All estimates for future figures are provided by BGFL.
| The most important financial data at a glance | ||||||||
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025e | ||
| Sales1 | 63,14 | 106,95 | 149,98 | 212,00 | 326,36 | 243,02 | 175,00 | |
| EBITDA1,2 | 5,75 | 15,95 | 27,19 | 34,00 | 50,33 | 10,16 | 2,00 | |
| EBITDA-Margin3 | 9,11 | 14,91 | 18,13 | 16,04 | 15,42 | 4,18 | 1,14 | |
| EBIT1,4 | 4,77 | 15,21 | 26,28 | 31,40 | 45,86 | -24,73 | -4,00 | |
| EBIT-Margin5 | 7,56 | 14,22 | 17,52 | 14,81 | 14,05 | -10,18 | -2,29 | |
| Net Profit (Loss)1 | 3,89 | 10,43 | 18,23 | 18,90 | 31,84 | -27,85 | -7,00 | |
| Net-Margin6 | 6,16 | 9,75 | 12,16 | 8,92 | 9,76 | -11,46 | -4,00 | |
| Cashflow1,7 | 3,84 | 17,64 | 20,77 | 22,00 | 30,39 | 17,32 | 14,00 | |
| Earnings per share8 | 0,35 | 1,16 | 2,71 | 4,45 | 4,82 | -4,71 | -1,05 | |
| Dividend per share8 | 0,28 | 0,46 | 1,10 | 1,79 | 0,04 | 0,04 | 0,00 | |
1 in Mio. Euro; 2 EBITDA = Earnings before interest, taxes, depreciation and amortisation; 3 EBITDA in relation to sales; 4 EBIT = Earnings before interest and taxes; 5 EBIT in relation to sales; 6 Net profit (-loss) in relation to sales; 7 Cashflow from operations; 8 in Euro; Source: boersengefluester.de
Auditor: Forvis Mazars
All relevant valuation ratios, dates and other investor information on your share at a glance. Good to know: All data comes from boersengefluester.de and is updated daily. This means you are always up to date. You can get brief explanations of the key figures by moving the cursor or mouse over the relevant field.
| INVESTOR-INFORMATION | ||||||
| ©boersengefluester.de | ||||||
| CLIQ Digital | ||||||
| WKN | ISIN | Legal Type | Marketcap | IPO | Recommendation | Plus Code |
| A35JS4 | DE000A35JS40 | AG | 9,43 Mio € | 28.11.2005 | 9F386QCJ+J2 | |
| PE 2026e | PE 10Y-Ø | BGFL-Ratio | Shiller-PE | PB | PCF | KUV |
| 5,96 | 9,26 | 0,64 | 1,51 | 0,15 | 0,54 | 0,04 |
|
Dividend '2023 in € |
Dividend '2024 in € |
Dividend '2025e in € |
Div.-Yield '2025e in % |
| 0,04 | 0,04 | 0,00 | 0,00% |
| Annual General Meeting | Q1-figures | Q2-figures | Q3-figures | Annual press conference |
| 21.08.2025 | 08.05.2025 | 07.08.2025 | 06.11.2025 | 20.02.2025 |
| Distance 60-days-line | Distance 200-days-line | Performance YtD | Performance 52 weeks | IPO |
| -28,16% | -61,68% | -65,30% | -61,02% | +0,00% |
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