EQS-News: CLIQ Digital reports full year 2023 results
Regionally, North American and European sales in FY 2023 grew by 25% and 7% respectively, whereby the market environment in Europe remained competitive.
- Regionally, North American and European sales in FY 2023 grew by 25% and 7% respectively, whereby the market environment in Europe remained competitive.
- Customer acquisition costs (CAC): In FY 2023, the customer acquisition costs grew by 21% to €135 million (PY: €112 million).
- This increase resulted in a greater number of marketing campaigns aimed to acquire new members with a higher lifetime value.
- The cash outflow from financing activities during 2023 was €13 million (2022: €8 million) and included €12 million dividend distribution (2022: €7 million).