Northern Data AG 2024 AR2
The report outlines Northern Data Group's performance for the fiscal year 2024, highlighting its strategic transition from crypto mining to a global AI solutions provider. The company achieved a Group revenue of EUR 200 million and an adjusted EBITDA of EUR 73 million, driven by the deployment of over 20,000 NVIDIA H100 Tensor Core GPUs. On the sustainability front, the company began aligning its reporting with the European Sustainability Reporting Standards (ESRS) in preparation for the Corporate Sustainability Reporting Directive (CSRD). Additionally, Northern Data Group reported a Power Usage Effectiveness (PUE) of 1.12 for its Swedish data center and a total energy consumption of 906 GWh, with 53% sourced from renewable energy.
Company: Northern Data AG
Sector: Information Information Technology
Country: Germany
Year: 2024
Type: AR2
Pages: 123
Northern Data AG
Annual Report
The report outlines Northern Data Group's performance for the fiscal year 2024, highlighting its strategic transition from crypto mining to a global AI solutions provider. The company achieved a Group revenue of EUR 200 million and an adjusted EBITDA of EUR 73 million, driven by the deployment of over 20,000 NVIDIA H100 Tensor Core GPUs. On the sustainability front, the company began aligning its reporting with the European Sustainability Reporting Standards (ESRS) in preparation for the Corporate Sustainability Reporting Directive (CSRD). Additionally, Northern Data Group reported a Power Usage Effectiveness (PUE) of 1.12 for its Swedish data center and a total energy consumption of 906 GWh, with 53% sourced from renewable energy.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Energy Consumption
Renewable Energy
Employees