DGAP-Adhoc: CLIQ Digital raises sales and earnings guidance for 2022

2022. június 15., szerda, 12:58

DGAP-Ad-hoc: Cliq Digital AG / Key word(s): Change in Forecast

CLIQ Digital raises sales and earnings guidance for 2022

15-Jun-2022 / 12:58 CET/CEST

Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.

Based on the very good business development year-to-date in all regions, the Management Board of CLIQ Digital AG expects to exceed the previously announced outlook for the financial year 2022. Accordingly, the Management Board of CLIQ Digital AG has decided today to adjust and increase its revenue, paid memberships, marketing spend and EBITDA forecasts for the financial year 2022.

Despite the economic downturn, CLIQ Digital AG now expects to generate revenue in excess of €250 million (previously: more than €210 million), representing a growth rate of at least 67% compared to 2021. The number of paid memberships as at the 31 December 2022 is now expected to be over 2 million (previously: between 1.7 and 1.8 million). The marketing spend is now forecasted to exceed €90 million (previously: more than €70 million) and EBITDA is expected to be above €38 million (previously: more than €33 million) representing at least 40% growth compared to the prior year. All other expectations for 2022 remain unchanged.

The new forecast for the financial year 2022 has been drawn up on the basis of the prevailing market environment and assumes no deterioration in conditions, in particular due to the war in the Ukraine and its consequences for the global economy.

The communicated medium-term targets up to 2025 remain unaffected by the forecast adjustment.

Information and Explanation of the Issuer to this News:

CLIQ Digital AG will publish its 2022 half-year figures as planned on 2 August 2022.

CLIQ Digital AG

Sebastian McCoskrie

Head of Investor Relations

Grünstr. 8

40212 Düsseldorf, Germany

+49 151 52043659

15-Jun-2022 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language: English
Company: Cliq Digital AG

Grünstraße 8

40212 Düsseldorf

E-mail: s.mccoskrie@cliqdigital.com
Internet: www.cliqdigital.com
Indices: Scale 30
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1376327

End of Announcement DGAP News Service

1376327  15-Jun-2022 CET/CEST

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