Munich, 13 June 2024 – ParTec AG 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…
