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PRESS RELEASE: CLIQ Digital further upgrades 2020 sales and EBITDA outlook / Inclusion in MSCI Index

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DGAP-News: Cliq Digital AG / Key word(s): Change in Forecast
CLIQ Digital further upgrades 2020 sales and EBITDA outlook / Inclusion in
MSCI Index

2020-11-26 / 11:10
The issuer is solely responsible for the content of this announcement.

*Corporate News*

26 November 2020

*CLIQ Digital further upgrades 2020 sales and EBITDA outlook / Inclusion in
MSCI Index*

CLIQ Digital AG (CLIQ.DE, ISIN: DE000A0HHJR3 [1], WKN: A0HHJR [1]), a
leading digital lifestyle company, which provides streaming entertainment
services to consumers worldwide with unlimited access to music, audiobooks,
games, sports and movie content, is pleased to announce that FY 2020 gross
revenue and EBITDA are now likely to exceed &euro105m and &euro15m
respectively.

The upward revision of CLIQ Digital's revenue and earnings outlook is due to
stronger than expected current trading. The company is performing better
this year, largely on the back of the U.S. business continuing to show
convincing growth but also thanks to European sales picking up once again.
One of the driving success factors remains the fundamental shift from media
buying via affiliate partners to CLIQ Digital's own in-house teams.

The underlying marketing spend is expected to come in above &euro33m and the
Customer Base Value (CBV) is forecasted to be at least &euro34m.

In addition, CLIQ Digital is pleased to announce that as of 1 December 2020
the company will become a constitutent in the MSCI Global Micro Cap Index.
The MSCI Global Micro Cap Index captures micro cap representation across 22
developed markets and CLIQ is one of twelve new German additions to the
index.

*Statement from Ben Bos, member of the Management Board:*

"I am exceedingly proud of CLIQ's fantastic development in 2020 and wish to
extend Management's sincere thanks to all CLIQ staffers for this
exceptionally strong growth story, which already commenced way before the
first Covid-19 effects took place. We are not - and have never been - a
clear-cut profiteer of the Coronavirus and prefer to rely on the strategic
decisions we took and the way we market our products in the fast-growing
world of streaming entertainment services. Our business has always evolved
with content as well as new technologies and our success drivers are
customer demand and satisfaction. We are very excited about the upcoming
launch of the new content in our All-in-One product portfolio."

For further information, please contact
*CLIQ Digital AG*
*Investor Relations*
Sebastian McCoskrie / Michael Kriszun
Mob.: +49 151 52043659 / +49 151 52207955
Email: s.mccoskrie@cliqdigital.com / m.kriszun@cliqdigital.com
www.cliqdigital.com [2]

*CROSS ALLIANCE communication GmbH (PR advisor)*
Susan Hoffmeister
Tel.: +49 89 125 09 03-33
Email: sh@crossalliance.de
www.crossalliance.de [3]

*About CLIQ Digital:*

CLIQ Digital (www.cliqdigital.com [4]) is a leading digital lifestyle
company, providing consumers worldwide with streaming entertainment
services. Members get unlimited access to music, audiobooks, games, sports
and movie content. The core business of the Group is the online direct
marketing of its streaming entertainment services to consumers globally. In
2019 CLIQ Digital realized over 90% of its sales in Europe and North
America. CLIQ Digital's headquarter is based in Dusseldorf and has offices
in Amsterdam, London, Paris, Barcelona and Tequesta, Florida. The Group
employs approximately 100 staff and is listed in the Scale (30) segment at
the Frankfurt Stock Exchange (ISIN DE000A0HHJR3).

2020-11-26 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
Language: English
Company: Cliq Digital AG
Immermannstr. 13
40210 Düsseldorf
Germany
E-mail: investor@cliqdigital.com
Internet: www.cliqdigital.com
ISIN: DE000A0HHJR3
WKN: A0HHJR
Indices: Scale 30
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt
(Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1150776

End of News DGAP News Service

1150776 2020-11-26


1: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=d2f45d2f6201a7aa9dfbc9bee40d9a99&application_id=1150776&site_id=vwd&application_name=news
2: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=191b1a344f964514241b5844eae8afa2&application_id=1150776&site_id=vwd&application_name=news
3: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=a9f6782523c75b88380cf9d9c4273e43&application_id=1150776&site_id=vwd&application_name=news
4: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=e8fe9e85252cd41ae2df2c75678a1eef&application_id=1150776&site_id=vwd&application_name=news


(END) Dow Jones Newswires

November 26, 2020 05:10 ET ( 10:10 GMT)
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