Cliq Digital (CLIQ) investor relations material

Executive summary

• Revenue for the first half of 2026 declined 77% year-over-year to €23.0 million, mainly due to disruptions and restrictions in the digital payments ecosystem and marketing capabilities that began in late 2025.

• EBITDA fell 83% year-over-year to €1.1 million, with an EBITDA margin of 4.9% (down from 6.6%).

• EPS decreased 40% year-over-year to €0.15.

• North America contributed 78% and Europe 16% of total revenue, with a significant drop across all regions.

• The company prioritized profitability over volume, reducing marketing spend and focusing on more profitable customer acquisition.

Financial highlights

• Profit for the period was €0.9 million, down from €1.5 million year-over-year.

• Operating free cash flow was €5.9 million, down from €8.9 million; cash flow from operating activities was €4.9 million.

• Net cash position at 30 June 2026 was €24.8 million, excluding €11.5 million in restricted cash for a share repurchase offer.

• Total customer acquisition costs fell 80% year-over-year from €27 million to €5 million.

• Operating expenses reduced from €15.6 million to €6.2 million year-over-year.

Outlook and guidance

• Full-year 2026 guidance remains unchanged: revenue between €40–60 million, customer acquisition costs €8–15 million, and EBITDA €0–5 million.

• First-half performance was in line with this outlook.

• Management provided an outlook for 2026, available in the full report.