CLIQ Digital AG reveals its annual results and launches a share buyback program

CLIQ Digital AG reported its final annual results for fiscal year 2023 and announced a €13 million share buyback program. The company highlights the growth of its high lifetime value (LTV) customer base, through a focus on bundled content through more than 25 portals. This strategy led to a 17% increase in LTV per customer, now reaching 85 euros. CLIQ is also banking on cloud gaming, a booming market.

Forecasts for 2024 show moderate ambitions with revenue expected between 360 and 380 million euros and EBITDA expected between 52 and 58 million euros. This forecast reflects the challenges of acquiring and converting traffic in a tough economic environment, as well as increasing costs related to customer acquisition and licensing fees for higher quality content.

Despite these challenges, CLIQ Digital AG sees growth through geographic expansion, particularly in Latin America and Asia, laying the foundation to achieve its mid-term sales target of €500 million, accompanied by strong cash flow generation. cash flow and EBITDA.