Cliq Digital AG has doubled turnover and profits in the last couple of years and still the price is at the same level.
Revenue growth also seems quite stable.
Any thoughts?
The numbers are excellent. A dependency on ad revenues and licensing content from partners (i.e. a distributor) might be holding back sentiment. Still, I have added it to my watchlist for further research - thanks for highlighting
OK, so having taken a closer look, the cash conversion looks poor and I would also encourage a Google search for some customer feedback. It’s no longer on my watchlist.
I would echo that, having held a small position briefly a couple of years ago. As well as Google it could be worth checking out some German bulletin boards. A certain.. umm scepticism is frequently expressed about the business model, and where the revenues really come from. Perhaps everything is fine, but I felt more comfortable putting my money elsewhere.
From personal experience, I have been buying and selling this share since July 2021 (about 4 times as it goes down/up). On an investment of £6000, it has given me a net profit of £2560, without much work.
Normal gives TU which beat estimates. Good Company to keep on your watchlist.
Just bought it again (last week), when share price dipped below €23.00 (€22.60), currently +9% up on an investment of £6,000.
https://mephisto.substack.com/... some old article on Cliq which questions the business practise
