Cliq Digital First Quarter 2024 Earnings: EPS: €0.02 (vs €1.26 in 1Q 2023)

Cliq Digital (ETR:CLIQ) First Quarter 2024 Results

Key Financial Results

• Revenue: €73.0m (down 12% from 1Q 2023).
• Net income: €114.0k (down 99% from 1Q 2023).
• Profit margin: 0.2% (down from 9.9% in 1Q 2023). The decrease in margin was driven by lower revenue.
• EPS: €0.02 (down from €1.26 in 1Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Cliq Digital Earnings Insights

Looking ahead, revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Software industry in Germany.

Performance of the German Software industry.

The company's shares are down 47% from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Cliq Digital (at least 1 which is a bit unpleasant), and understanding these should be part of your investment process.

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