Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Cliq Digital AG is a Germany-based global streaming provider specializing in subscription-based services that bundle movies and series, music, audiobooks, sports, and games for consumers worldwide. Headquartered in Düsseldorf with offices in Amsterdam and Paris, the company licenses content from partners, bundles it into all-in-one packages, and markets them through targeted online performance advertising to drive customer acquisition across North America, Europe, Latin America, and other regions. Founded in 2012, Cliq Digital AG operates as a data-driven entity in the application software and internet services sector, employing around 132 staff from diverse nationalities and serving customers in 40 countries. Its business model emphasizes profitable conversions via omnichannel marketing, proprietary technology platforms enhanced by AI, and convenient payment methods, positioning it as a key player in the evolving digital entertainment market with a focus on scalability and innovation. The company maintains a debt-free balance sheet and generates revenue primarily from digital entertainment services.
The business is unprofitable at the operating level (-9.76% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue declined 45.7% YoY. Margins deteriorated 10.7pp alongside, both lines moving the wrong way.
ROIC dropped from 1.91% to -14.80%, capital efficiency is deteriorating. Operating margin contracted 10.7pp YoY, cost discipline may be slipping.
Profitability & Returns
Revenue (TTM)
€132M
▼ -45.7% YoY
Net Income (TTM)
-€12M
▲ +55.3% YoY
Op. Margin
-9.76%
▼ -10.7pp YoY
ROIC
-14.80%
▼ -16.7pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
€22M
▲ +522.0% YoY
Op. Cash Flow (TTM)
€25M
▲ +607.4% YoY
Net Debt
-€30M
Net Cash Position
Cash & Equiv.
€32M
3Y CAGR: -21.8%
3Y CAGR: +14.9%
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