DGAP-News: Cliq Digital AG reports preliminary results for Q1 2013
(firmenpresse) - DGAP-News: Cliq Digital AG / Key word(s): Quarter Results
Cliq Digital AG reports preliminary results for Q1 2013 (with
additional features)
21.05.2013 / 08:32
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- Q1 revenues of EUR 14.6 million
- Q1 EBITDA of EUR 2.5 million
- Positive net earnings already show impact of adjusted strategy
- Debt reduced and term loan with ABN AMRO renegotiated
Dusseldorf, May 21, 2013 - Cliq Digital, a leading provider of mobile
games, apps, software and entertainment content, today announces
preliminary results for the first quarter of 2013 financial year. The group
generated revenues of EUR 14.6 million (Q1 2012: EUR 19.4 million), while
EBITDA (earnings before interests, taxes, depreciation and amortization)
reached EUR 2.5 million (Q1 2012: EUR 3.0 million). The decline in revenues
is mainly due to a strong downturn of the former Bob Mobile business (EUR
-4.3 million). Moreover, the declined revenues show the challenges in the
feature phone business.
Cliq Digital Group's EBIT (earnings before interests and taxes) benefited
from considerably lower scheduled amortization and amounted to EUR 1.2
million. Net earnings came in at EUR 0.7 million (EPS EUR 0.16) and
exceeded Q4 2012 net earnings of EUR 0.4 million.
In February 2012 Cliq Digital attracted a term loan of EUR 25 million (of
which terms have been recently renegotiated, amongst other a lower monthly
redemption) to finance the takeover of Cliq B.V. By the end of 2012 the
term loan has been reduced to EUR 15 million. The company expects the loan
to be at the level of EUR 6.7 million at the end of 2013.
In 2013, Cliq Digital expects to reach revenues of approx. EUR 70 million
with an EBITDA of EUR 11.5 million and net earnings of approx. EUR 3.0
million. The company is well positioned to realize organic growth through
activities in existing countries, by entering new markets and by
introducing new products for the mobile devices (phones, tablets etc). The
guidance also includes some minor acquisition opportunities as well as new
smart partnerships.
The Annual Report 2012 is expected to be published in June 2013.
The current corporate presentation, in which the strategy of the company is
included, is available on CLIQ's website under the IR-section:
www.cliqdigital.com
All figures in this Corporate News are preliminary and unaudited. Whereby
2012 figures are pro forma.
About CLIQ Digital:
CLIQ Digital AG (ticker symbol CLIQ:GR; ISIN DE000A0HHJR3), based in
Dusseldorf, Germany, is a leading provider of mobile games, apps, software
and entertainment content. CLIQ Digital markets content in over 50
countries, especially by way of its direct sales to end customers. The
company was founded as Bob Mobile AG in 2005. A decisive growth step was
taken in 2012 with the acquisition of Dutch company CLIQ B.V., which
provided the name of the newly positioned Group. The company is listed in
the Entry Standard of the Frankfurt Stock Exchange. Visit CLIQ on:
www.cliqdigital.com
Contact:
cometis AG
Rolf Becker
Unter den Eichen 7
D-65195 Wiesbaden
Phone: +49 (0)611 20 58 55-40
Fax: +49 (0)611 20 58 55-66
E-mail: becker(at)cometis.de
End of Corporate News
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Datum: 21.05.2013 - 08:32 Uhr
Sprache: Deutsch
News-ID 261761
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