CLIQ Digital has updated its business plan and lifted guidance, raising the FY22 revenue target from €210m to €250m, with EBITDA up from over €33m to over €38m. We have increased our forecasts, with FY23e revenue also raised (from €290m to €300m). This follows February’s upgrade, implying that its marketing approach continues to pay off. Management is targeting €500m of revenues by FY25, which, in our view, is demanding but achievable. The new packaged content offering will be marketed under the ....
17 Jun 2022
CLIQ Digital - Strategic update and financials upgrade
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CLIQ Digital - Strategic update and financials upgrade
Cliq Digital AG (CLIQ:ETR) | 0 0 2.0% | Mkt Cap: 45.0m
- Published:
17 Jun 2022 -
Author:
Fiona Orford-Williams -
Pages:
3
CLIQ Digital has updated its business plan and lifted guidance, raising the FY22 revenue target from €210m to €250m, with EBITDA up from over €33m to over €38m. We have increased our forecasts, with FY23e revenue also raised (from €290m to €300m). This follows February’s upgrade, implying that its marketing approach continues to pay off. Management is targeting €500m of revenues by FY25, which, in our view, is demanding but achievable. The new packaged content offering will be marketed under the ....