Edison Investment Research - CLIQ Digital (CLIQ) CLIQ Digital - Capturing the market opportunity

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Edison Investment Research

Richard Williamson

CLIQ Digital - Capturing the market opportunity

CLIQ Digital is a leading European content provider, which has seen strong revenue growth and margin improvement in 2021, underpinned by its new media buying strategy. Customer growth throughout the year has been robust, supported by its attractive pricing model and extensive all-in-one platform. Enriching its platform’s content should be key to capturing the market opportunity and management has been successful in doing this so far in 2021, particularly in family, gaming and sport. Its Hype ventures minority acquisition in H121 had an immediate impact on EPS and should lead to a considerable rise in full year dividend given the group’s targeted 40% payout policy.

04/11/2021 2 EN

Underlying

CLIQ Digital

Cliq Digital AG. CLIQ Digital AG is a Germany-based company engaged in the software industry. The Company specializes in the provision of mobile entertainment with focus on games and other mobile value-added services. It divides its business into four product areas: Mobile Entertainment, providing realtones, wallpapers, celebrity gossip, weather updates, among others; Mobile Games offered following the premium model, as well as freemium service; Mobile Apps, covering various types of applications such as dating, discover, travel, sport, among others, and available for smartphone devices only; and Mobile Software for smartphones, comprising software applications, such as security products, document storage solutions, health apps and Voice Over Internet Protocol (VOIP) applications.

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DE000A0HHJR3 Germany

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Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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Analysts

Richard Williamson

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CLIQ Digital - Capturing the market opportunity

Cliq Digital Ag: 1 director

CLIQ Digital - Expanding the multi-content offering

CLIQ Digital - Diversifying marketing channels

Manx Financial Group - Termination of coverage

musicMagpie - Termination of coverage

Topps Tiles - Accelerating growth through Q125

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