checkAd

    EQS-News  129  0 Kommentare Significant increase in revenue in 2023 - Company examines financing options including uplisting from the Scale OTC segment to the regulated market (Prime Standard) of the Frankfurt Stock Exchange

    Für Sie zusammengefasst
    • Significant revenue increase in 2023
    • Company considers financing options
    • Possible uplisting to Prime Standard market

    EQS-News: ParTec AG / Key word(s): Annual Results
    Significant increase in revenue in 2023 - Company examines financing options including uplisting from the Scale OTC segment to the regulated market (Prime Standard) of the Frankfurt Stock Exchange

    12.06.2024 / 20:06 CET/CEST
    The issuer is solely responsible for the content of this announcement.


    ParTec AG: Significant increase in revenue in 2023 - Company examines financing options including uplisting from the Scale OTC segment to the regulated market (Prime Standard) of the Frankfurt Stock Exchange

     

    Munich, 12 June 2024 - ParTec AG (ISIN: DE000A3E5A34 / WKN: A3E5A3) today published its annual financial statements for the 2023 financial year. According to the consolidated and individual financial statements, revenue increased by around 165 per cent from EUR 36.1 million to EUR 95.7 million. According to the individual financial statements, ParTec AG's earnings before interest and taxes (EBIT) totalled EUR 740.2 million, up from EUR 17.3 million previously. The significant increase in EBIT is primarily due to the valuation of the ParTec patent portfolio (see ad hoc announcement of 21 February 2024), in addition to a good operating performance. At Group level, EBIT totalled EUR -13.3 million due to a value adjustment on a receivable.

    ParTec reached further milestones in the 2023 financial year and laid important foundations for the company's long-term growth. In the reporting period, ParTec was awarded the contract for the construction of the first exascale supercomputer in Europe, "JUPITER", together with Eviden, with an order volume of around 300 million euros. The construction of JUPITER at the Jülich Research Centre based on the dynamic Modular System Architecture (dMSA) developed by ParTec has already begun and is proceeding according to plan. JUPITER aims to triple the computing power of the currently most powerful European supercomputer. As things stand, JUPITER will be the largest AI computer in the world with a computing power of around 100 exaFlop FP16. With its outstanding computing power, it will enable breakthroughs in areas such as research and development, business and artificial intelligence. Based on JUPITER and its extensive expertise in building large modular HPC systems, ParTec AG will build high-performance, modular AI solutions for industry and science. To this end, the company has launched the "Supertrainer" project, which will use JUPITER as the basic model to create a modular AI product range that enables the training, data processing and inference of specific large language models for individual use cases as well as models in small, medium-sized and large companies for the training of scientific and technical data. The solution is designed to enable extreme scalability of applications and the coupling of artificial intelligence (AI) and simulation. With this offering, ParTec AG intends to make a decisive contribution to an AI-centred, sovereign and digital European economy and to serve the exponential demand for European AI infrastructure as one of the major players.

    Seite 1 von 4


    Diskutieren Sie über die enthaltenen Werte


    EQS Group AG
    0 Follower
    Autor folgen

    Verfasst von EQS Group AG
    EQS-News Significant increase in revenue in 2023 - Company examines financing options including uplisting from the Scale OTC segment to the regulated market (Prime Standard) of the Frankfurt Stock Exchange EQS-News: ParTec AG / Key word(s): Annual Results Significant increase in revenue in 2023 - Company examines financing options including uplisting from the Scale OTC segment to the regulated market (Prime Standard) of the Frankfurt Stock Exchange …