Filings/NB2/INTERIM

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KPIsSections6

Income flow

Headline metrics
Revenue — GREEN€1.47B-1.1% YoY
Net income — GREEN-€41.41B-975.4% YoY
Net margin — GREEN-2809.0%
Operating margin — GREEN-610.9%
Income Statement
Income Statement
MetricValueFlag
Basic EPS-€3.5GREEN
Depreciation & Amort (Supplemental)€4.5MGREEN
EBITDA-€4.50BGREEN
EPS Diluted€-3.50GREEN
Income Tax Expense€643.8MGREEN
Net Income-€41.41BGREEN
Net Income (Parent Shareholders)-€41.41BGREEN
Net Margin-2809.0%GREEN
Operating Income-€9.01BGREEN
Operating Margin-610.9%GREEN
Other Operating Expense/(Income)-€4.65BGREEN
Pre-tax Income-€42.05BGREEN
Revenue€1.47BGREEN
Balance Sheet
Balance Sheet
MetricValueFlag
Accounts Payable€2.83BGREEN
Accumulated Deficit-€57.55BGREEN
Additional Paid In Capital€144.77BGREEN
Cash & Equivalents€24.48BGREEN
Common Stock€11.85BGREEN
Contract Liabilities€7.09BGREEN
Current Assets€29.74BGREEN
Current Liabilities€27.89BGREEN
Current Portion of Capital Leases€3.54BGREEN
Deferred Tax Liabilities€22.40BGREEN
Goodwill€39.72BGREEN
Interest-Bearing Debt (Current)€12.33BGREEN
Interest-Bearing Debt (Non-Current)€79.42BGREEN
Inventory€57.6MGREEN
Investment Securities€3.5MGREEN
Lease Liabilities (Current)€3.54BGREEN
Lease Liabilities (Non-Current)€8.92BGREEN
Long-term Debt€79.42BGREEN
Long-term Investments€3.5MGREEN
Net Property, Plant & Equipment€43.97BGREEN
Non-Current Assets€211.15BGREEN
Other Current Assets€1.27BGREEN
Other Intangibles€104.57BGREEN
Other Long-Term Assets€9.36BGREEN
Short-term Debt€12.33BGREEN
Total Assets€240.89BGREEN
Total Equity€97.74BGREEN
Trade Payables€2.83BGREEN
Trade Receivables€1.45BGREEN
Cash Flow
Cash Flow
MetricValueFlag
Capital Expenditures-€18.3MGREEN
Financing Cash Flow€46.0MGREEN
Investing Cash Flow-€18.3MGREEN
Net Income (starting point for CFO)-€41.4MGREEN
Operating Cash Flow-€10.6MGREEN

Sections in this filing

Letter to Shareholders

LETTER TO shaREhOLdERs Letter to shareholders Dear Shareholders, Our service sets in at a very early, already with the selection of the hardware. As far as high-perfor- mance solutions in the GPU area are concerned, we select the best components for our customers i am very pleased to present this half-yearly report providing you with an overview of the develop- for the respective applications and configure the hardware that the customers purchase from us. ments of our company in the first half of 2020, as well as an outlook on the second half of the year. We then install the hardware – and this is our next key strength – in an extremely short span of time, The year 2020 is the first financial year of the new company, which is operating under the new name standardized and turnkey – in our data centers specializing in HPC. This is where proprietary software- Northern Data AG following the merger of the predecessor company Northern Bitcoin AG with the based artificial intelligence enters the picture, resulting in a high degree of automation in handling the American company Whinstone US, Inc. The takeover was formally completed in the middle of the hardware. The time between hardware delivery, configuration, documentation and commissioning is reporting period, in March 2020, so that Whinstone US is now a wholly owned subsidiary of Northern only a fraction, less than a tenth of the time that would have to be expended without this software. Data AG. The strategic goal of the merger is to combine the technology and customer side exper- Last but not least, we command an extremely efficient heat management system for ongoing opera- tise of both companies and to leverage this for the development of high-growth High Performance tions, which is not only based on the special hardware configuration in the computer center but also Computing (HPC) platforms. We have made the decision to discontinue the Bitcoin mining operations on our proprietary artificial intelligence, which also allows us to control every chip and every processor formerly operated by Northern Bitcoin. with pinpoint precision and to respond quickly and effectively in critical situations. This enables us, In parallel with the formation of the new company, the greatest attention was paid to customer acqui- unlike other pure data center providers, to implement end-to-end management of the data center, sition