Northern Data

Northern Data AG develops and operates global infrastructure solutions in the field of high performance computing (HPC).

Launch date

2017

Employees

Market cap

Enterprise valuation

$1.8b (Public information from Sep 2024)

Frankfurt Hesse (HQ)

https://northerndata.de/

https://twitter.com/northerndataag https://www.linkedin.com/company/northerndataag/

Revenues, earnings & profits over time

EUR	2020	2021	2022	2023	2024	2025	2026
Revenues	16.4m	190m	193m	74.0m	201m	521m	-
% growth	62 %	1059 %	2 %	(62 %)	172 %	159 %	-
EBITDA	(63.2m)	209m	31.9m	(35.0m)	56.2m	269m	327m
% EBITDA margin	(386 %)	110 %	16 %	(47 %)	28 %	52 %	-
Profit	(84.3m)	287m	(266m)	(151m)	(115m)	(41.9m)	<1m
% profit margin	(514 %)	151 %	(138 %)	(204 %)	(57 %)	(8 %)	-
EV / revenue	56.2x	4.5x	0.7x	7.4x	9.7x	3.6x	-
EV / EBITDA	-14.6x	4.1x	4.5x	-15.7x	34.5x	7.0x	5.1x

Date	Investors	Amount	Round
Oct 2018	N/A	N/A	IPO
Sep 2023*	Tether	N/A	Project, real estate, infrastructure finance
Nov 2023*	Tether	$610m	Post IPO Debt
Feb 2024*	ART Beteiligungs Management	€8.2m	Post IPO Equity
Total Funding		-

Tech stackLearn more about the technologies and tools that this company uses.

ACQUISITION by Northern Data Sep 2021

ACQUISITION by Northern Data Apr 2020

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ACQUISITION by Northern Data Aug 2021

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ACQUISITION by Northern Data Sep 2021

ACQUISITION by Northern Data Dec 2023