Northern Data Ag · XETR:NB2
Northern Data — Investor Presentation (April 2023)
26 slides from Northern Data's investor presentation, April 2023
Slide 1: Company Presentation
Company Presentation April 2023 NORTHERN DATA AG – Company Presentation – 04/2023 – PAGE 1
Slide 2: Disclaimer
Disclaimer This presentation contains forward-looking statements. The Actual results may differ from those set forth in the forward- whatsoever for any errors or omissions or any loss howsoever words “anticipate”, “assume”, “believe”, “estimate”, “expect”, looking statements as a result of various f
Slide 3: Who we are…
Aroosh Thillainathan Who we are… Group CEO Chairman of the Management Board (§ 76 aktg) of Northern Data AG Providing High-Performance-Computing (HPC) Solutions Rosanne Kincaid-Smith Jim Black Gülsen Kama Group COO Group CLCO Group CFO Producing Compute power essential to technical progress Karl Hav
Slide 4: High Performance Computing
High Performance Computing NORTHERN DATA AG – Company Presentation – 04/2023 – PAGE 4
Slide 5: Northern Data AG
• Sweden • Netherlands • Norway • USA Holding Northern Data AG • Germany • Canada • Frankfurt, Germany 100% 100% 100% • London, UK Segments Bitcoin Data Center Cloud Mining Infrastructure Solutions Revenue adj.1 EBITDA € 190-194 m € 40-50 m (2021: € 190 m) (2021: € 90 m) 1 Adjusted for trading losse
Slide 6: High Performance Computing Solutions
… for HPC … for Blockchain … for Data Market Demand ... Infrastructure Network Processing High Performance Computing Solutions Data Center Cloud Business Divisions Bitcoin Mining Infrastructure Solutions Hardware Bare Metal ASICs GPUs DC Infrastructure Product and Colocation Bitcoin IaaS Layer NORTH
Slide 7: Bitcoin Mining, Data Center Infrastructure, Cloud Solutions
Bitcoin Mining Data Center Infrastructure Cloud Solutions 1 Location 2 Datacenter 3 Renewable Energy 4 ASIC Hardware 4 HPC Co-Location 4 GPU Hardware 5 Operation 5 Compliance 5 Operation 6 Hashrate 6 Cloud Capacity 7 Pool 7 IaaS 8 Bitcoin Reward 8 PaaS 9 Sell BTC / Hedging 9 SaaS V A L U E V A L U E
Slide 8: Data Center Infrastructure
Data Center Infrastructure NORTHERN DATA AG – Company Presentation – 04/2023 – PAGE 8
Slide 9: Boden, Lefdal, Notodden and other sites
Boden, Sweden Lefdal, Norway Notodden, Norway Norway III Eygelshoven, Netherlands Frankfurt, Germany Europe: Cloud Solutions Maysville I & II, GA, USA Grand Forks, ND, USA Les Escoumins, QC, Canada North America: Bitcoin Mining Sweden, Georgia, Mining Les Escoumins, Cloud Solutions
Slide 10: Lefdal Mine, Frankfurt, North Dakota
NORWAY SWEDEN Lefdal Mine Boden GERMANY USA USA Frankfurt North Dakota North Dakota NORTHERN DATA AG – Company Presentation – 04/2023 – PAGE 10
Slide 11: Cloud Solutions: Artificial Intelligence to become the growth engine
Cloud Solutions Artificial Intelligence to become the growth engine for NORTHERN DATA AG – Company Presentation – 04/2023 – PAGE 11
Slide 12: Market opportunities
Market “Cloud Computing opportunities Industry to grow to $832 Billion by 2025”1 “Increase in power is needed over our current collective computing capacity“ – Intel, Raja Koduri2 Global HPC market is projected to reach $ 49.9 Billion by 20273 1 https://www.marketsandmarkets.com/Market-Reports/Quant
Slide 13: We are prepared to enter the cloud computing market
Our available high-performance GPUs NVIDIA RTX™ A100 Thousands of GPUs NVIDIA RTX™ A6000 Thousands of GPUs We are prepared to AMD tens of thousands GPUs enter the cloud computing market Our existing green data centers already fitted-out with cloud infrastructure High-performance GPUs are alrea
Slide 14: Our Site in Sweden stands out with highest efficiency standards
Our Site in Sweden stands out with highest efficiency- standards Best in Class PUE of 1.04 in 2021 100 % Carbon-Free in 2021 Zero CO2 Emissions in Scope 1,2 in 2021 NORTHERN DATA AG – Company Presentation – 04/2023 – PAGE 14
Slide 15: Northern Data Cloud Solutions
Northern Data Cloud Solutions Specification Target Group Offering Machine EU-based Latest compute Learning enterprises capability with & with expert low latency and Artificial knowledge European data Intelligence in ML & AI sovereignty NORTHERN DATA AG – Company Presentation – 04/2023 – PAGE 15
Slide 16: Expanding Data Center Capacity
Expanding Data Center Capacity Rapid deployment of our compute MOBILIZE capability, when and where our partners and customers need it. Years Expand our revenue generating capability SCALE through investment, partnerships, expansion Month & Years and internal resources TRANSITION Monetize exist
Slide 17: Bitcoin Mining
Bitcoin Mining Bitcoin mining by which transactions are validated and added to the blockchain ledger NORTHERN DATA AG – Company Presentation – 04/2023 – PAGE 17
Slide 18: Bitcoin-Mining
Bitcoin-Mining 2,798 Bitcoins +315 % generated vs. 2021 36,094 +100 % Self-Mining vs. 2021 ASIC-Server* € 77.7 m +225 % Revenue vs. 2021 (unaudited) * at year-end 2022 NORTHERN DATA AG – Company Presentation – 04/2023 – PAGE 18
Slide 19: Bitcoin Mining Development
Bitcoin Mining Installed Hashrate Q1 2023 Development 3.78 3.35 3.31 3.31 3.48 3.08 3.09 3.28 3.78 EH/s Installed Hashrate at the end of Q1 Aug Sep Oct Nov Dec Jan Feb Mar Generated Bitcoin 246 Q1 2023 216 219 209 213 217 171 177 676 BTC Aug Sep Oct Nov Dec Jan Feb Mar Realized Revenues in EUR mn. 5
Slide 20: Bitcoin Mining revenue calculation
Bitcoin Mining ( Block Reward x ND Hash Rate Global HR x Days Month )x BTC Price = Revenue Month Northern The current There are An average Bitcoin Price Data has a 21,000,000 month has is EUR Hash Rate of Bitcoin 30 days 25,000 3.8 EH/s Northern Data controls For each The global block a Hash Rate is
Slide 21: NORTHERN DATA AG – Company Presentation – 04/2023 – PAGE 21
NORTHERN DATA AG – Company Presentation – 04/2023 – PAGE 21
Slide 22: Acceleration in FY2023
Financial headroom Acceleration Scaling GPU and ASIC miner supply contract Accelerated expansion of cloud customer base in FY2023 Gradual expansion of the cloud product portfolio Acceleration of data generation worldwide, e.g. for AI Computing / Metaverse / Blockchain Network Strong Underl
Slide 23: info@northerndata.de https://northerndata.de
info@northerndata.de https://northerndata.de Northern Data AG An der Welle 3 60322 Frankfurt am Main Deutschland NORTHERN DATA AG – Company Presentation – 04/2023 – PAGE 23
Slide 24: Glossary
Glossary • While Bitcoin mining is the act of mining bitcoin with the use of ASIC machines, Altcoin mining describes the mining of any other cryptocurrency. This can be done with different types of machines like CPUs, GPUs, FPGAs or sometimes even ASICs Altcoin Mining • Examples of altcoins include
Slide 25: Glossary
• Blockchain is a shared, immutable ledger that facilitates the process of recording Glossary transactions and tracking assets in a business network. It stores encrypted blocks of data then chains them together to form a chronological network connected through peer-to-peer nodes. • Digital assets ar
Slide 26: Glossary
• HPC refers to the practice of aggregating computing power that delivers a Glossary performance higher than what one could get out of a typical computer in order to solve. • HPC combines technologies such as hardware, GPU servers, systems management and High Performance data center facilities to so