In the first half of 2025, the CLIQ Group faced challenging market conditions, leading to a 4% decrease in sales to €48 million. However, there was a significant improvement in operating free cash flow, resulting in a net cash position of €20 million. The company reported a net profit of €1 million, leading to an EPS of €0.09. Due to uncertainties caused by recent payment processing disruptions, the company has withdrawn its 2025 guidance. Additionally, the CLIQ Group will no longer consider delisting. Dylan Media now holds over 25% of CLIQ’s shares and will vote against a share repurchase offer at the upcoming AGM. CEO Luc Voncken stated that the company is facing challenges due to market conditions and recent disruptions in the payments ecosystem.
As of the end of June 2025, the CLIQ Group had a net cash position of €20 million and a net profit of €1 million. Sales in North America declined by 7% in the second quarter, while Europe and Latin America saw growth. Total customer acquisition costs decreased by 20% compared to the first quarter. EBITDA increased by 5% to €3 million, with an EBITDA margin of 7%. The number of unique paying customers decreased to 0.6 million, and the expected average lifetime value of a customer increased by 7% to €75. The CLIQ Group has withdrawn its 2025 outlook due to uncertainties in the payments ecosystem.
Following challenging market conditions, the CLIQ Group reported a 4% decrease in sales to €48 million in the second quarter of 2025. Despite this, the company saw an improvement in operating free cash flow and reported a net profit of €1 million. The Group’s net cash position stood at €20 million, representing an increase from the previous quarter. The CLIQ Group has withdrawn its 2025 guidance due to uncertainties related to recent payment processing disruptions. Dylan Media, a major shareholder, now holds over 25% of the company’s shares and will vote against a share repurchase offer at the upcoming AGM.
Read more at GlobeNewswire: CLIQ Reports Second Quarter 2025 Results