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Cliq Digital AG (CLQDF) Stock Analysis

Educational signal · not a buy or sell recommendation · How to read this

DELISTED

What happened to Cliq Digital AG (CLQDF) stock?

Cliq Digital AG (CLQDF) no longer trades on public markets. The figures below are historical and are not a current quote.

MCap: $197M| Vol: 200| 52-wk range: $20.53 – $20.53

Market cap $197M is the value of all shares combined. Beta 1.34: the stock has moved about 34% more than the S&P 500.

Data from FMP · Methodology

For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 16, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR

Cliq Digital AG (CLQDF). Cliq Digital AG is a streaming provider focused on performance marketing of mass market entertainment products. Market cap: $197M, Sector: Communication services.

Last analyzed: Mar 16, 2026
Cliq Digital AG is a streaming provider focused on performance marketing of mass market entertainment products. The company operates in approximately 30 countries, offering access to movies, series, music, audiobooks, sports, and games.

Analyst Coverage for CLQDF: CLQDF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates CLQDF against Communication Services peers across nine fundamental dimensions and assigns a neutral fundamental signal based on the underlying data.

Watch the CLQDF film Every key number, told as a short cinematic story — just press play. ~2 min

Dated analysis: the newest financial statements on file are 30 months old (Mar 1, 2024), so the figures and score below describe that period, not today.

Council Score · Weighted Average of 3 Disciplines
Split View 40/100 · C

CLQDF: this read rests on a single discipline (Munger composite) — the other council disciplines have no scored data yet.

How is this calculated? →
Munger's Mindset · Balance Sheet & Valuation
Financial Health
Weak
Margin of Safety
Fairly Valued
Council Score · Weighted Average of 3 Disciplines · See tabs for details →
The lenses are modelled on the published principles of the investors named. We are not affiliated with them, they have not endorsed this, and it is not their opinion of this stock.

Cliq Digital AG (CLQDF) Media & Communications Profile

CEOLuc Voncken
Employees152
HeadquartersDüsseldorf, DE
IPO Year2021

Cliq Digital AG is a streaming entertainment provider leveraging performance marketing to reach mass market consumers across approximately 30 countries. The company offers a diverse range of digital content, including movies, series, music, and games, positioning itself as a strategic partner for networks, content producers, and payment service providers.

Data Provenance | Financial Data Quantitative Analysis Analysis: Mar 16, 2026

What Is the Investment Thesis for CLQDF?

AI-written as of Mar 16, 2026 — figures and tone reflect the data available then, not today's score.

Cliq Digital AG presents a mixed investment thesis. The company's focus on performance marketing within the streaming entertainment sector could drive user acquisition and revenue growth. However, the negative profit margin of -9.4% raises concerns about profitability and cost management. The company's beta of 1.34 suggests higher volatility compared to the market. The dividend yield of 2.99% may attract income-seeking investors, but the sustainability of the dividend needs to be evaluated in light of the company's financial performance. Investors should closely monitor the company's ability to improve its profit margins and manage its operating expenses.

Based on FMP financials and quantitative analysis

CLQDF Key Highlights

AI-written as of Mar 16, 2026 — figures and tone reflect the data available then, not today's score.

Market capitalization of $197M indicates its size relative to competitors in the entertainment streaming market.

  • Negative P/E ratio of -1.25 reflects current losses, requiring scrutiny of future profitability prospects.
  • Gross margin of 6.6% suggests potential challenges in cost management and pricing strategy.
  • Beta of 1.34 indicates higher volatility compared to the overall market, appealing to risk-tolerant investors.
  • Dividend yield of 2.99% offers income potential, but sustainability depends on improved financial performance.

Who Are CLQDF's Competitors?

CLQDF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.

Company Price Change Market Cap MoonshotScore
FRRGF Frontier Digital Ventures Limited $0.55 +0.00% $240M
GMSQF GameSquare Esports Inc. $0.14 +22.73% $39.5M
GULDF Guild Esports Plc $0.02 +13.11% $48.4M
PLAY Dave & Buster's Entertainment, Inc. $8.17 -0.24% $284M 305-pillar
AENT Alliance Entertainment Holding Corporation $6.42 +16.52% $327M 425-pillar
AMCX AMC Networks Inc. $12.07 +4.41% $392M 845-pillar
STRZ Starz Entertainment Corp. $25.77 +1.76% $433M
RDI Reading International, Inc. $2.14 -7.76% $74.9M

AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance

What Are CLQDF's Key Strengths?

Performance marketing expertise

  • Strategic partnerships with content providers
  • Global presence in approximately 30 countries
  • Diverse content library including movies, series, music, and games

What Are CLQDF's Weaknesses?

Negative profit margin

  • High beta indicating higher volatility
  • Reliance on performance marketing for user acquisition
  • Limited brand recognition compared to larger streaming providers

What Could Drive CLQDF Stock Higher?

Expansion into new geographic markets to increase user base.

  • Enhancement of content library through acquisitions and partnerships.
  • Improvement of user experience and personalization features.
  • Leveraging data analytics to optimize marketing and content strategies.
  • Potential partnerships with major content distributors.

What Are the Key Risks for CLQDF?

Negative return on equity (-18.3%) — the business is not currently generating profit on shareholder capital.

  • Intense competition from larger streaming providers with greater resources.
  • Negative profit margin impacting financial sustainability.
  • Changes in consumer preferences and technological advancements.
  • Economic downturns affecting consumer spending on entertainment.
  • Regulatory changes impacting digital marketing and content distribution.

What Are the Growth Opportunities for CLQDF?

  • Expansion into new geographic markets: Cliq Digital can expand its reach by entering new countries and regions, particularly in emerging markets where demand for affordable entertainment is high. This expansion could involve adapting its content and marketing strategies to suit local preferences and cultural nuances. Success hinges on effective localization and partnerships with local players. Timeline: Ongoing.
  • Enhancing content library: Cliq Digital can enhance its content library by acquiring or licensing new movies, series, music, and games. This would attract more users and increase engagement. The company could also invest in original content production to differentiate itself from competitors. Timeline: Ongoing.
  • Improving user experience: Cliq Digital can improve its user experience by optimizing its streaming platform, enhancing its search and recommendation algorithms, and providing personalized content recommendations. This would increase user satisfaction and retention. Timeline: Ongoing.
  • Leveraging data analytics: Cliq Digital can leverage data analytics to gain insights into user behavior and preferences. This would enable the company to optimize its marketing campaigns, personalize its content offerings, and improve its overall business performance. Timeline: Ongoing.
  • Strategic partnerships: Cliq Digital can form strategic partnerships with other companies in the entertainment industry, such as content producers, distributors, and technology providers. These partnerships could provide access to new content, technologies, and markets. Timeline: Ongoing.

What Are CLQDF's Competitive Advantages?

  • Performance marketing expertise: Cliq Digital's expertise in performance marketing enables it to efficiently acquire users at scale.
  • Strategic partnerships: The company's partnerships with networks and content producers provide access to a diverse range of content.
  • Global reach: Cliq Digital's operations in approximately 30 countries provide a broad geographic footprint.

What Does CLQDF Do?

Founded in 2003 and headquartered in Düsseldorf, Germany, Cliq Digital AG has evolved into a streaming provider specializing in performance marketing of mass market entertainment products. Originally known as Bob Mobile AG, the company rebranded to reflect its focus on digital entertainment. Cliq Digital operates in approximately 30 countries, offering a wide array of content such as movies, series, music, audiobooks, sports, and games to its members. The company has expanded its presence with offices in Amsterdam, London, Paris, Barcelona, Toronto, and Florida, demonstrating its global reach. Cliq Digital positions itself as a strategic business partner for networks and content producers, as well as publishers and payment service providers, leveraging its marketing expertise to drive user acquisition and engagement. The company's business model centers on acquiring users through performance marketing and monetizing them through subscription-based access to its entertainment content library. Cliq Digital aims to provide affordable and accessible entertainment options to a broad audience.

What Products and Services Does CLQDF Offer?

  • Provides streaming services for movies and series.
  • Offers access to a wide range of music content.
  • Provides audiobooks and other spoken-word entertainment.
  • Features sports content for fans.
  • Offers a variety of games for users.
  • Engages in performance marketing to acquire users.
  • Operates in approximately 30 countries.

How Does CLQDF Make Money?

  • Acquires users through performance marketing campaigns.
  • Monetizes users through subscription-based access to its content library.
  • Partners with networks and content producers to source content.
  • Utilizes payment service providers to facilitate transactions.

What Industry Does CLQDF Operate In?

Cliq Digital AG operates within the competitive entertainment industry, which is characterized by rapid technological advancements and shifting consumer preferences. The rise of streaming services has disrupted traditional media consumption, creating opportunities for companies like Cliq Digital to gain market share through performance marketing. The industry is dominated by major players such as Netflix and Disney+, but there is also room for niche providers that cater to specific audiences or offer unique content. Cliq Digital's focus on mass market entertainment and its strategic partnerships with networks and content producers position it to capitalize on the growing demand for digital entertainment.

Who Are CLQDF's Key Customers?

  • Mass market consumers seeking affordable entertainment.
  • Users in approximately 30 countries.
  • Individuals interested in movies, series, music, audiobooks, sports, and games.
Model self-rating on this text: 71% (not a measure of the evidence) Updated: Mar 16, 2026

Research confidence

Low 12/100

Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.

  • Scoring coverage unknown
  • Price 5 days old
  • No filing on record
  • No analyst coverage

MoonshotScore History

Recorded daily since 2026-08-23 · 4 snapshots

2026-08-23 38
2026-08-24 38
2026-08-25 38
2026-08-26 38

What changed?

The score has stayed at 38.

Over the same 3 days the stock moved +0.0%.

Company Profile

Cliq Digital AG operates in the Entertainment industry within the Communication Services sector. It is headquartered in Düsseldorf, DE. The company is led by CEO Luc Voncken. CLQDF has traded publicly since 2021.

F-Score 7/9

Financial Health

Cliq Digital AG's Piotroski F-Score is 7/9, a 9-point checklist of profitability, leverage and efficiency — signaling solid underlying fundamentals. Its Altman Z-Score of 8.81 places it in the safe zone, indicating low near-term bankruptcy risk.

ROE -18%

Key Financial Metrics

Return on equity for Cliq Digital AG stands at -18.3%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -16.8%, showing how much profit it generates from its asset base. Its free cash flow yield is 45.2%, a gauge of the cash the business throws off relative to its market value. A current ratio of 4.02 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is -58.0%, the inverse of the P/E and a quick read on earnings relative to price.

CLQDF Valuation & Market Position

With a $197M market cap, Cliq Digital AG sits in the micro-cap segment of the market.

CLQDF Financials

Fundamental Snapshot

Revenue Growth (FY)
-25.5%
Net Income Growth (FY)
-187.5%
EPS Growth (FY)
-200.8%
Free Cash Flow Growth (FY)
-82.4%
Return on Equity (TTM)
-18.3%
Current Ratio
4.0

Based on FMP financials and quantitative analysis · FY 2024

Bull Case vs Bear Case

Bull Case

  • Performance marketing expertise
  • Strategic partnerships with content providers
  • Global presence in approximately 30 countries
  • Diverse content library including movies, series, music, and games

Bear Case

  • Negative profit margin
  • High beta indicating higher volatility
  • Reliance on performance marketing for user acquisition
  • Limited brand recognition compared to larger streaming providers

AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026

Recent Quarterly Results

Quarter Revenue Net Income EPS
Mar 2024 $73M $114,000 $0.02

Based on FMP financials and quantitative analysis

CLQDF Latest News

No recent news available for CLQDF.

Leadership: Luc Voncken

CEO

Luc Voncken is the CEO of Cliq Digital AG. His background includes extensive experience in managing and growing digital entertainment businesses. He has a proven track record of driving revenue growth and expanding market share. His leadership is focused on leveraging performance marketing to acquire users and providing them with a diverse range of entertainment content.

Track Record: Under Luc Voncken's leadership, Cliq Digital AG has expanded its operations to approximately 30 countries and has established strategic partnerships with networks and content producers. He has focused on improving the company's performance marketing capabilities and enhancing its content library. However, the company's profitability remains a challenge.

CLQDF OTC Market Information

The OTC Other tier, where CLQDF trades, represents the lowest tier of the OTC market. Companies in this tier may not meet minimum financial standards or may be unwilling to provide detailed disclosures. Unlike companies listed on major exchanges like the NYSE or NASDAQ, OTC Other companies face fewer regulatory requirements, resulting in increased risks for investors. These companies often have limited operating history, minimal assets, and speculative business plans. Investors should exercise extreme caution and conduct thorough due diligence before investing in OTC Other stocks.

  • OTC Tier: OTC Other
Liquidity: Liquidity for CLQDF is likely to be limited due to its OTC Other listing. This can result in low trading volumes and wide bid-ask spreads, making it difficult to buy or sell shares at desired prices. Investors may experience significant price fluctuations and may not be able to exit their positions quickly. This lack of liquidity adds to the overall risk of investing in CLQDF.
OTC Risk Factors:
  • Limited disclosure: The unknown disclosure status makes it difficult to assess the company's financial health.
  • Low liquidity: Limited trading volume and wide bid-ask spreads can make it difficult to buy or sell shares.
  • Regulatory risk: OTC Other companies are subject to less regulatory oversight, increasing the risk of fraud or mismanagement.
  • Speculative business plan: The company's business plan may be speculative, with limited operating history and minimal assets.
  • Volatility: OTC stocks are generally more volatile than stocks listed on major exchanges.
Due Diligence Checklist:
  • Verify the company's registration and legal status.
  • Obtain and review available financial statements.
  • Assess the company's business model and competitive landscape.
  • Evaluate the management team's experience and track record.
  • Understand the risks associated with investing in OTC stocks.
  • Consult with a financial advisor.
  • Check for any regulatory actions or legal proceedings against the company.
Legitimacy Signals:
  • Established operations in multiple countries.
  • Strategic partnerships with networks and content producers.
  • Presence of a CEO with relevant industry experience.
  • Operating history since 2003.
  • Offices in major cities such as Amsterdam, London, and Paris.

CLQDF Communication Services Stock FAQ

What happened to Cliq Digital AG (CLQDF) stock?

Cliq Digital AG (CLQDF) no longer trades on public markets. The figures below are historical and are not a current quote.

Can I still buy CLQDF shares?

No. CLQDF stopped trading on public markets, so the shares are not available through a broker. Anything you see quoted for CLQDF elsewhere is historical data, not a live market.

Are the figures on this page current?

No. Every number here is the last value recorded before CLQDF stopped trading. Nothing on this page updates, and none of it is a current quote.

Why does this page still exist?

Because people still search for what happened to Cliq Digital AG. An archived profile that states the delisting plainly is more useful than a dead link — provided it is labelled as history, which is what this page does.

What does Cliq Digital AG do?

Cliq Digital AG is a streaming provider that specializes in performance marketing to acquire users for its mass market entertainment products.

What do analysts say about CLQDF stock?

However, key metrics to consider include the company's market capitalization of $197M, negative P/E ratio of -1.25, and gross margin of 6.6%.

What are the main risks for CLQDF?

The main risks for Cliq Digital AG include intense competition from larger streaming providers, its negative profit margin, and the potential for changing consumer preferences.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Official Resources

Analysis updated

MoonshotScore is not published for this security.

Data Sources & Methodology
Market data powered by Financial Modeling Prep & Yahoo Finance. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.

Analysis Notes
  • OTC market carries higher risk than major exchanges due to less regulation and lower liquidity.
Data Sources
Financial Modeling Prep (FMP)Stock Expert AI proprietary analysis

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