Northern Data Receives Unqualified Audit Opinion and Publishes 2021 Consolidated Financial Statements

Aug 30, 2022

Strong growth momentum and robust results in fiscal year 2021: revenues of EUR 189.9 million (2020: EUR 16.4 million; +1,058% compared to previous year) and reported EBITDA of EUR 320.1 million (2020: EUR -12.3 million) including net special effects (EUR 230.5 million)
Significant increase in consolidated annual net earnings to EUR 287.2 million (2020: EUR -84.3 million); earnings per share (diluted) EUR 12.06 (2020: EUR ‑5.70)
Cash flow from operating activities of EUR 88.1 million (2020: EUR 183.5 million)
Free cash flow of EUR 214.7 million (2020: EUR -28.1 million)
Cash and cash equivalents at EUR 221.6 million (2020: EUR 73.9 million; +200% compared to previous year) as of December 31, 2021
The Company has no financial liabilities as of the end of August 2022
Forecast for fiscal year 2022:
- Revenues of up to EUR 250 million
- Adjusted EBITDA of EUR 40-75 million (adjusted for realized trading losses on the sale of all self-produced cryptocurrencies in May and June 2022 at average prices of more than USD 29,000 per Bitcoin or USD 1,750 per ETH)
Unaudited sales revenue of around EUR 140 million in first half of 2022
Ordinary Annual General Meeting to be held before end of October 2022

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Mobile App 中文

Education

Financial Glossary Tutorials FAQ Schedule Free Session Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us ETF Advertise Site Map Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.