Northern Data AG provided revenue guidance for the fiscal 2024. The company expects EUR 200 million to EUR 240 million revenues in fiscal year 2024, which would more than triple its revenue of EUR 65 million to EUR 75 million forecasted for fiscal year 2023.

Based on further execution of its growth plans, the company is expecting a full-year 2025 potential for revenues of Northern Data Group in the range of EUR 520 million to EUR 570 million.