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- Sales reach £13.34 million, with EBITDA up 87% to £2.61 million
- Capacity to double to 40MW short term, with long-term aim of 500 MW
- Focus moves to being Scotland’s top provider of AI-ready data centres
DataVita, Scotland’s leading provider of critical digital infrastructure and cloud solutions, has delivered its best-ever set of financial results and is announcing significant advancements in its strategic initiatives.
Total sales reached £13.34 million for the year ending 30th June 2024, a 46% increase from £9.12 million in 2023. Gross margin improved by 62%, reaching £6.15 million, reflecting operational efficiencies and growing demand for services; EBITDA rose 87% to £2.61 million.
With a new focus on being Scotland’s leading provider of AI-ready data centres, DataVita is launching a range of services designed specifically to meet the technology’s infrastructure demands. These include data centres capable of supporting cutting-edge workloads with up to 400 kW per rack – a significant leap from traditional 4 kW capacity – giving organisations access to high-performance, reliable infrastructure built to handle complex and resource-intensive workloads.
To complement this move, the company intends to double its data centre capacity to 40 MW in the short term, with an ambition to reach 500 MW in central Scotland over the next five years. As part of its commitment to sustainability, DataVita is also integrating renewable energy sources into its operations.
Earlier this year DataVita established National Cloud, a unique new offering that addresses growing demand for bespoke cloud solutions. National Cloud delivers tailored services for workloads unsuitable for public cloud providers, prioritising data sovereignty, cost transparency, and simplified pricing models, while addressing issues related to cloud repatriation and critical workloads.
Danny Quinn, Managing Director of DataVita, said: “This has been a transformative year for DataVita. Our exceptional financial performance, coupled with our strategic pivot towards AI-ready infrastructure and bespoke cloud solutions, positions us at the forefront of the industry.
“With the establishment of National Cloud and ongoing investments in sustainability and infrastructure – reinforcing our leadership in environmentally responsible data centre operations – we are excited to continue enabling innovation for our customers and contributing to Scotland’s digital economy.”