CLIQ Digital : further upgrades 2020 sales and EBITDA outlook
November 26, 2020 at 05:05 am EST
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DGAP-Ad-hoc: Cliq Digital AG / Key word(s): Change in Forecast
CLIQ Digital further upgrades 2020 sales and EBITDA outlook
26-Nov-2020 / 11:03 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.
Disclosure of an inside information pursuant to Article 17 MAR of the Regulation (EU) No 596/2014
26 November 2020
CLIQ Digital further upgrades 2020 sales and EBITDA outlook
The Management Board of CLIQ Digital AG has today increased the outlook for the FY 2020 gross revenue and EBITDA, which are now likely to exceed ?105m and ?15m respectively. Until now, the Management Board expected a FY 2020 gross revenue of at least ?100m and an EBITDA of at least ?13m.
The Management Board continues to expect the underlying marketing spend to come in above ?33m and the Customer Base Value (CBV) to be at least ?34m.
All numbers were determined on a consolidated basis under IFRS.
Contact
CLIQ Digital AG
Sebastian McCoskrie
Head of Investor Relations
Mob.: +49 151 52043659
Email: s.mccoskrie@cliqdigital.com
www.cliqdigital.com
26-Nov-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
The CLIQ Digital Group is a Germany-based company. The Company engages in selling subscription-based streaming services that bundle movies & series, music, audiobooks, sports and games to consumers globally. The Company licences streaming content from partners, bundles it and sells the content through its numerous streaming services. The Company is a specialist in online advertising and creating streaming services that are advertised towards specific consumer groups.