sur Northern Bitcoin AG (ETR:NB2)
Northern Data Reports FY 2025 Preliminary Financial Results
Frankfurt-based Northern Data AG has announced its preliminary financial results for the fiscal year 2025. The company reported revenues from continuing operations at EUR 80 million, a decrease from the previous year's EUR 121 million. In terms of EBITDA, the company experienced a loss of EUR 83 million, compared to last year's EUR 25 million gain. The adjusted EBITDA also showed a loss of EUR 38 million, a shift from the previous adjusted EBITDA of EUR 32 million in FY 2024.
EBIT presented a significant loss of EUR 463 million, contrasting last year’s loss of EUR 69 million. The net result from continuing operations reflected a downturn, at a loss of EUR 483 million against the prior year’s loss of EUR 110 million. However, the discontinued operations saw a profit of EUR 93 million.
Overall, Northern Data recorded a consolidated net loss of EUR 390 million for FY 2025, deepening from a EUR 127 million loss the year prior. The final figures and annual report will be released soon.
R. P.
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