CLIQ Digital AG: Outlook for 2024 and mid-term Group sales target revised
based on preliminary 6M financials

EQS-Ad-hoc: Cliq Digital AG / Key word(s): Change in Forecast
CLIQ Digital AG: Outlook for 2024 and mid-term Group sales target revised
based on preliminary 6M financials

11-Jul-2024 / 19:50 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation
(EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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CLIQ Digital AG: Outlook for 2024 and mid-term Group sales target revised
based on preliminary 6M financials

DÜSSELDORF, July 11, 2024 - Based on the preliminary 6M financial results of
the CLIQ Digital Group, the Management Board of CLIQ Digital AG has revised
the Group's forecast for the business year 2024 and the mid-term Group sales
target today. The new forecast is to achieve revenues between EUR260 and EUR280
million (previously: between EUR300 and EUR330 million), an EBITDA ranging
between EUR10 and EUR20 million (previously: between EUR26 and EUR30 million) and
total customer acquisition costs of between EUR80 and EUR100 million
(previously: between EUR120 and EUR140 million).

Furthermore, the estimate is now to achieve a revenue of around EUR325 million
in the fiscal year 2025. In addition, the mid-term outlook is to achieve a
run rate in 4Q 2026 to realise an annual revenue of more than EUR400 million
going forward (previously: more than EUR500 million).

For the first half of 2024, the Management Board expects revenues of about
EUR141 million (6M 2023: EUR160 million). Due to the early stage of the process,
an estimate of further financial indicators for 6M 2024 involves
uncertainties at the moment. Nevertheless, the Management Board expects that
EBITDA, expressed as a percentage of revenues, will reach a similar range as
in the first quarter of 2024.

The background of this development is that the recovery in sales will likely
take longer than was anticipated at the time of the previous outlook.

CLIQ Digital will publish the final figures for the first six months 2024 on
August 8, 2024.


End of Inside Information

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   Language:       English
   Company:        Cliq Digital AG
                   Grünstraße 8
                   40212 Düsseldorf
                   Germany
   E-mail:         s.mccoskrie@cliqdigital.com
   Internet:       www.cliqdigital.com
   ISIN:           DE000A35JS40
   WKN:            A35JS4
   Indices:        Scale 30
   Listed:         Regulated Unofficial Market in Berlin, Dusseldorf,
                   Frankfurt (Scale), Hamburg, Munich, Stuttgart,
                   Tradegate Exchange
   EQS News ID:    1944727

End of Announcement EQS News Service
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1944727 11-Jul-2024 CET/CEST