investor preso 20141027 bb - cliq digital investigation of expansion opportunities by bd team either...
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Management Board
Luc Voncken
‐ 43 years (1970) Business Economics
(UVA)
‐ 2002‐2010: Founder and CEO of Blinck
B.V.
‐ 2010‐2012: Cliq BV (non‐executive
board member)
‐ 2012 onwards: Cliq Digital (CEO)
Ben Bos
‐ 52 years (1962)
‐ 1993‐1997: Arcade Entertainment
Holdings (Finance Director)
‐ 1997‐2000: ID&T (CEO)
‐ 2000‐2012: Independent M&A advisor
‐ 2012 onwards: Cliq Digital (Board
Member)
Over 25 years cumulative experience in the marketing of digital mobile products
Cliq Digital AG ‐ Company Overview
‐ Bob Mobile Founded January 2005
‐ IPO in November 2005
‐ Acquired Cliq BV in February 2012
‐ Bob Mobile AG renamed into Cliq Digital AG in August 2012
‐ Headquarter in Dusseldorf
‐ 91 FTE (31/12/2013)
‐ Presence in 40+ countries
‐ 5.3 mln new subscribers in 2013
‐ Revenue 2013 €51.8 mln
‐ EBITDA 2013 €6.0 mln
‐ Net Profit 2013 €1.0 mln
Cliq Digital is a marketing company of digital
mobile products
Specialized in “paid‐for” products via subscription, pay‐for‐license or one‐off offers
Strategy
Revenue growth in existing (and new) markets‐ Increased focus on Mobile Software products
‐ Higher marketing investments to boost future revenue
Search for new products ‐ Enhanced (exclusive) content is key
‐ Sourced through Product & Licensing department or through acquisitions
Shift to direct media buying‐ Less dependency on affiliate marketing
‐ Increased gross margin
Selling Globally
In 2013 developed a stronger presence in South America and Africa
EurAfrica
68%
Asia/Australia
23%
Americas
9%
2012 Revenue
EurAfrica
63%
Asia/Australia
28%
Americas
9%
2013 Revenue
Development of key performance indicators
KPI 2013 Forecast 2014
Number of Sales 2,906 K Increase
ARPU EUR 13.29 Slight increase
Media Spend EUR 12.5 million Strong increase
CPA EUR 4.14 Slight increase
Revenue EUR 51.8 million Slight decrease/Stable
Use of Proceeds
1. Revenue growth in existing marketsLaunch of New Products
Increased focus on Mobile Software products
Higher marketing investments to boost future revenue
2. Entering new territoriesContinuous investigation of expansion opportunities by BD team
Either organic growth or through acquisitions
3.General Financing PurposesImprovement of Debt to Equity
Less dependency on banks
Share Offering Summary
Issuer Cliq Digital AG
Listing Frankfurt Xetra (Entry Standard)
Ticker CLIQ
Shares Offered 1,480,349
Subscription Price Price €1.50
Use of Proceeds
Reduction non‐current debt
Growth current markets/products
General Financing purposes
Notes Offering Summary
Issuer Cliq Digital AG
Listing Open market of a German stock exchange
Value of the notes 2,400 notes with nominal amount of €1,000
Issuing price 100%
Term Nov 5, 2014 – Nov 5, 2017
Coupon 6.5% p.a.
Conversion price €1.50
Conversion rights note holder As of Nov 6, 2014 until maturity
Conversion rights issuer As of Dec 12, 2014 until maturity
Use of Proceeds Reduction of current debt
Rights Issue – Time table
16 October 2014 Approval prospectus by BaFin
17 October 2014 Start Subscription Period
30 October 2014 End Subscription Period
31 October 2014Resolution on the number of Offer Shares placed
and the total volume of the capital increase
4 November 2014 Registration of new shares
5 November 2014 First day trading new shares and bond