Northern Data AG / Key word(s): Annual Results/Annual Report
28-Jul-2022 / 21:22 CET/CEST
Preliminary reported EBITDA EUR 50 million higher than reported on 30 June 2022. Northern Data expects finalization of audit 2021 financial statements in August 2022.
Frankfurt am Main – 28 July 2022 – Northern Data AG (XETRA: NB2, ISIN: DE000A0SMU87) informs that due to the change in recognition of an existing receivable related to the power outage in Texas in 2021, reported EBITDA according to IFRS will increase by approximately EUR 50 million to approximately EUR 320 million as part of the ongoing audit. Revenue and adjusted EBITDA remain unchanged and are confirmed.
However, the finalization of the audit of the annual and consolidated financial statements 2021 can no longer take place in July 2022 as reported, but is expected in the course of August 2022.
Despite challenging crypto markets, unaudited revenues in the first half of the year 2022 at around EUR 140-150 million are higher than in the same half of the previous year.
Overview (all figures unaudited)
|Company:||Northern Data AG|
|An der Welle 3|
|Phone:||+49 69 34 87 52 25|
|Listed:||Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Hamburg, Hanover, Munich (m:access), Stuttgart, Tradegate Exchange|
|EQS News ID:||1408619|
|End of Announcement||DGAP News Service|
This press release does not constitute an offer to sell or the solicitation of an offer to buy or subscribe for any securities of Northern Data AG and does not constitute a prospectus of Northern Data AG. The information contained in this press release is not intended to form the basis of any financial, legal, tax or other business decision. Investment or other decisions should not be made solely on the basis of this press release. As with all business and investment matters, please consult qualified professional advice. This release and the information contained herein are not for distribution, directly or indirectly, in or into the United States of America, Canada, Australia or Japan.
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