Northern Data Group Revises 2025 Financial Projections

On April 30, 2025, Northern Data AG unveiled updates to its 2025 financial guidance and introduced a new framework for projections. The revised guidance includes three pivotal changes: an improved methodology for predictions, technology advancements affecting GPU availability, and updated commercial conditions.

For the fiscal year 2025, Northern Data anticipates revenue ranging from EUR 240 million to EUR 320 million, with adjusted EBITDA projected between EUR 80 million and EUR 130 million. Taiga Cloud, a subsidiary, is expected to generate EUR 150 million to EUR 210 million in revenue, contributing significantly to the Group's projections.

The updated framework permits more precise communication with investors by integrating a bottom-up model that considers new customers and those in the onboarding pipeline. This guiding model does not account for potential revenue from future growth investments.