YOLFTbeta
Applied Digital Corporation

Applied Digital Corporation

APLD · NASDAQ · Technology / Information Technology Services

15.97USD-0.98 (-5.78%)

Price History

Full chart

Market Stats

Previous Close16.95
Open16.75
Day Range15.01 – 16.80
52-Week Range17.20 – 50.73
Volume25.58M
Market Cap5.39B
P/E (TTM)0.00
Forward P/E526.32
EPS-1.62
Dividend Yield0.00%
Beta6.00
50-Day Avg24.06
200-Day Avg31.33

About

Applied Digital Corporation designs, develops, and operates digital infrastructure solutions to high-performance computing (HPC) and artificial intelligence industries in North America. It operates through: Data Center Hosting, and HPC Hosting Business. The company provides energized infrastructure services to crypto mining customers; and cloud services to customers, such as AI and machine learning developers. It also engages in the designing, constructing, and operating of data centers to provide computing power and support HPC applications. The company was formerly known as Applied Blockchain, Inc. and changed its name to Applied Digital Corporation in November 2022. Applied Digital Corporation is based in Dallas, Texas.

Company Details

  • SectorTechnology
  • IndustryInformation Technology Services
  • CEOMr. Wesley Cummins
  • Employees256
  • Headquarters3811 Turtle Creek Boulevard, Dallas, TX, United States, 75219, USA
  • Websitehttps://applieddigital.com

Leadership

  • Mr. Wesley CumminsChairman, CEO, Secretary & Treasurer · b. 1978
  • Mr. Jason ZhangCo-Founder & President · b. 1993
  • Mr. Mohammad Saidal L. MohmandChief Financial Officer · b. 1991
  • Ms. Laura LaltrelloChief Operating Officer · b. 1973
  • Mr. Mark ChavezChief Compliance Officer & General Counsel
  • Mr. Nick PhillipsExecutive Vice President of External Affairs
  • Ms. Erin Gracey KraxbergerChief Marketing Officer
  • Mr. Todd GaleChief Development Officer

Financials

Income Statement

Currency: USD2002-05-312003-05-312004-05-312005-05-312006-05-312007-05-312008-05-312020-05-312021-05-312022-05-312023-05-312024-05-312025-05-312026-05-31
Total Revenue5.49K1.09M3.59M3.31M3.87M1.55M337.00K008.55M55.39M136.62M228.57M611.31M
Growth (%)-+19828.84%+228.77%-7.87%+16.89%-60.03%-78.21%-100.00%--+547.94%+146.64%+67.31%+167.45%
Cost of Revenue4.10K858.34K2.48M2.36M2.48M1.43M218.61K-1.00K21.89M44.39M106.65M216.76M453.63M
Gross Profit1.39K234.75K1.11M951.44K1.39M117.91K118.39K--1.00K-13.34M11.00M29.96M11.81M157.68M
Gross Margin25.25%21.48%30.99%28.74%35.99%7.62%35.13%---156.08%19.87%21.93%5.17%25.79%
Operating Expense21.25K1.18M1.56M2.56M3.65M3.17M2.82M-331.00K7.55M55.06M45.02M83.98M394.04M
Operating Income-19.87K-947.80K-448.07K-1.61M-2.25M-3.05M-2.70M-263.00K-332.00K-20.90M-44.05M-15.05M-72.17M-236.36M
Operating Margin-362.24%-86.71%-12.47%-48.55%-58.25%-197.49%-800.23%---244.45%-79.53%-11.02%-31.58%-38.66%
EBITDA-19.87K-880.85K-320.27K-1.26M-2.12M-2.71M-3.21M-263.00K-331.00K-20.71M-36.79M23.72M-97.76M-84.63M
EBITDA Margin-362.24%-80.58%-8.91%-38.01%-54.90%-175.27%-951.34%---242.30%-66.41%17.36%-42.77%-13.84%
Net Income-19.87K-943.97K-424.21K-1.41M-2.26M-2.79M-3.29M-263.00K-568.00K-23.52M-45.61M-149.27M-231.06M-244.00M
Net Income Margin-362.24%-86.36%-11.80%-42.64%-58.34%-180.26%-975.18%---275.12%-82.33%-109.26%-101.09%-39.91%
R&D45.51K40.44K170.83K557.14K1.05M130.23K284.72K----169.00K--
R&D as % of Total Revenue829.74%3.70%4.75%16.83%27.24%8.42%84.49%----0.12%--
Interest Expense19.87K2.23K39.75K223.59K21.61K252.94K97.59K263.00K236.00K112.00K1.98M18.64M35.26M29.52M
Interest Expense % of Total Revenue362.24%0.20%1.11%6.75%0.56%16.35%28.96%--1.31%3.57%13.64%15.43%4.83%

Balance Sheet

Currency: USD2002-05-312003-05-312004-05-312005-05-312006-05-312007-05-312008-05-312020-05-312021-05-312022-05-312023-05-312024-05-312025-05-312026-05-31
Total Assets2.47K1.52M10.72M9.18M7.16M4.22M1.27M6.40M15.05M119.98M263.96M762.87M1.87B9.93B
Total Liabilities5.00K372.49K757.17K769.65K831.97K592.74K477.31K2.02M17.64M40.74M194.28M638.04M1.24B6.19B
Total Equity-2.53K1.15M9.96M8.41M6.33M3.63M787.96K4.39M-2.58M72.26M59.52M124.83M633.73M1.78B
Cash2.47K1.04M2.18M2.52M145.57K2.44M877.90K871.57K11.75M38.80M29.00M3.34M113.92M1.59B
Total Debt-------1.90M2.13M13.54M91.81M135.73M702.88M5.10B
Net Debt-2.47K-1.04M-2.18M-2.52M-145.57K-2.44M-877.90K1.90M-9.62M-25.25M62.81M132.39M588.96M3.51B

Cash Flow

Currency: USD2002-05-312003-05-312004-05-312005-05-312006-05-312007-05-312008-05-312020-05-312021-05-312022-05-312023-05-312024-05-312025-05-312026-05-31
Operating Cash Flow-528.17K-857.36K-406.46K-1.40M-1.66M-2.73M-2.34M-83.00K-83.00K-872.00K58.73M13.79M-115.40M89.69M
Investing Cash Flow-46.89K-37.87K-7.75M-84.85K1.32M5.02M777.09K-3.30M-3.30M-45.87M-132.09M-172.44M-667.65M-1.17B
Financing Cash Flow11.25K1.66M9.29M-199.83K33015.13M15.13M15.13M15.13M81.29M70.63M146.76M874.69M5.11B
Capital Expenditure7.97K3.35K224.81K105.54K131.23K80.54K67.41K3.30M3.30M58.25M131.28M141.81M681.60M2.87B
Free Cash Flow-536.14K-860.71K-631.26K-1.51M-1.80M-2.81M-2.41M0-3.38M-59.12M-72.54M-128.01M-797.00M-2.78B
Dividends Paid---------11.04M002.62M6.26M
FCF to OCF101.51%100.39%155.31%107.53%107.88%102.95%102.88%0.00%4078.31%6780.16%-123.51%-928.05%690.63%-3095.37%
Dividend Paid to FCF----------18.68%0.00%0.00%-0.33%-0.23%

Earnings

Report DateNov 30, 2002Feb 28, 2003May 31, 2003Aug 31, 2003Nov 30, 2003Feb 29, 2004Aug 31, 2004Nov 30, 2004Feb 28, 2005May 31, 2005Aug 31, 2005Nov 30, 2005Feb 28, 2006May 31, 2006Oct 13, 2006Jan 16, 2007Apr 13, 2007May 31, 2007Oct 12, 2007Jan 14, 2008Apr 14, 2008Aug 29, 2008Oct 22, 2008Jan 16, 2009Apr 13, 2009May 31, 2020Aug 31, 2020Nov 30, 2020Jul 15, 2021Oct 15, 2021Jan 15, 2022May 13, 2022Aug 25, 2022Oct 11, 2022Jan 9, 2023Apr 6, 2023Jul 24, 2023Oct 9, 2023Jan 16, 2024Apr 11, 2024Aug 2, 2024Oct 9, 2024Jan 14, 2025Apr 14, 2025Jul 30, 2025Oct 9, 2025Jan 7, 2026Apr 8, 2026Jul 27, 2026Oct 7, 2026Oct 8, 2026
EPS Estimate-------------------------0.00--0.00--0.02-0.07-0.13-0.04-0.05-0.04-0.07-0.010.01-0.07-0.22-0.26-0.14-0.10-0.14-0.15-0.21-0.21-0.18-0.26-0.25
EPS Actual-0.38-0.19-0.18-0.27-0.240.01-0.04-0.35-0.30-0.30-0.46-0.18-0.27-0.74-0.07-0.08-0.09-0.62-0.11-0.09-0.09-0.10-0.24-0.30-0.31-0.01-0.05-0.05-0.05-0.26-0.26-0.04-0.04-0.04-0.04-0.01-0.01-0.10-0.05-0.24-0.52-0.15-0.06-0.08-0.03-0.03-0.070.09-0.39-0.76-
Surprise-------------------------------1200.00%42.86%69.23%0.00%20.00%75.00%85.71%-900.00%-600.00%-242.86%-136.36%42.31%57.14%20.00%78.57%80.00%66.67%142.86%-116.67%-192.31%-
Timing--------------After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursPre-market------After-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap5.39B
Enterprise Value8.92B
Trailing P/E0.00
Forward P/E526.32
PEG Ratio1.83
Price / Sales6.18
Price / Book3.36
EPS-1.62
Book Value5.39
Revenue (TTM)872.25M
Gross Profit (TTM)188.80M
EBITDA-124.13M
Profit Margin-53.03%
Operating Margin-18.25%
Return on Equity-13.62%
Return on Assets-2.03%
Shares Outstanding302.39M
Shares Float261.06M
Beta6.00
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Strong Buy
Based on 16 analystsTarget 60.94
  • Strong Buy
    12
  • Buy
    2
  • Hold
    2

Ownership Breakdown

Institutions
74.44%
Insiders
7.72%
Retail / Other
17.84%

Top Institutional Holders

  • Hood River Capital Management LLC
    22.52M7.45%
  • Situational Awareness LP
    15.38M5.09%
  • Vanguard Portfolio Management, LLC
    13.73M4.54%
  • BlackRock Inc
    13.38M4.42%
  • Vanguard Capital Management, LLC
    11.56M3.82%
  • Two Sigma Investments LLC
    10.30M3.41%
  • EQUITEC PROPRIETARY MARKETS, LLC
    8.37M2.77%
  • The Goldman Sachs Group Inc
    6.98M2.31%
  • DBA TRADING, LLC
    5.58M1.84%
  • Value Aligned Research Advisors LLC
    5.55M1.83%
  • Geode Capital Management, LLC
    4.88M1.61%
  • State Street Corp
    4.48M1.48%
  • MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.
    3.52M1.16%
  • BNP Paribas Arbitrage, SA
    3.28M1.08%

Top Fund Holders

  • Hood River Small-Cap Growth Instl
    10.91M3.61%
  • Vanguard MStar Total Stk Mkt Idx Invest
    8.41M2.78%
  • Vanguard Small Cap Index
    5.90M1.95%
  • Vanguard Information Technology ETF
    3.81M1.26%
  • Vanguard MStar Small Cap Growth Indx Inv
    3.29M1.09%
  • Global X Data Center & Dgtl Infrs ETF
    3.25M1.08%

Stock Splits

  • Apr 13, 20221:6