Applied Digital Corp. financial data

Symbol
APLD on Nasdaq
Industry
Services-Computer Processing & Data Preparation
Location
3811 Turtle Creek Blvd., Suite 2100, Dallas, TX
State of incorporation
NV
Fiscal year end
May 31
Former names
Applied Blockchain, Inc. (to 2/8/2023), Applied Science Products, Inc. (to 12/22/2020), FLIGHT SAFETY TECHNOLOGIES INC (to 1/18/2011), REEL STAFF INC (to 9/13/2002)
Latest financial report
10-Q - Q1 2024 - Apr 11, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 27 % -45.8%
Debt-to-equity 274 % +113%
Return On Equity -77.4 % -41.4%
Return On Assets -21 % +17.8%
Operating Margin -52.3 % +49%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 123M shares +29.3%
Common Stock, Shares, Outstanding 122M shares +29.6%
Entity Public Float 138M USD -21.3%
Common Stock, Value, Issued 127K USD +27%
Weighted Average Number of Shares Outstanding, Basic 121M shares +29%
Weighted Average Number of Shares Outstanding, Diluted 121M shares +29%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 144M USD +252%
Cost of Revenue 117M USD +225%
Costs and Expenses 175M USD +132%
Operating Income (Loss) -75.3M USD -79.5%
Nonoperating Income (Expense) -2.07M USD -97.9%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -92.3M USD -115%
Income Tax Expense (Benefit) -243K USD -1636%
Net Income (Loss) Attributable to Parent -91.3M USD -123%
Earnings Per Share, Basic -0.83 USD/shares -118%
Earnings Per Share, Diluted -0.83 USD/shares -118%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 4.44M USD -47.3%
Accounts Receivable, after Allowance for Credit Loss, Current 225K USD +174%
Assets, Current 106M USD +333%
Property, Plant and Equipment, Net 211M USD +26.2%
Operating Lease, Right-of-Use Asset 95.4M USD
Assets 643M USD +210%
Accounts Payable, Current 93.9M USD
Accrued Liabilities, Current 27.5M USD
Contract with Customer, Liability, Current 48.7M USD +1156%
Liabilities, Current 349M USD +222%
Contract with Customer, Liability, Noncurrent 2.05M USD
Deferred Income Tax Liabilities, Net 0 USD -100%
Operating Lease, Liability, Noncurrent 69.3M USD
Other Liabilities, Noncurrent 0 USD
Liabilities 525M USD +285%
Retained Earnings (Accumulated Deficit) -186M USD -96.9%
Stockholders' Equity Attributable to Parent 118M USD +94.7%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 118M USD +66%
Liabilities and Equity 643M USD +210%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 4.52M USD -73.9%
Net Cash Provided by (Used in) Financing Activities 23.7M USD +166%
Net Cash Provided by (Used in) Investing Activities -40.5M USD -28%
Common Stock, Shares Authorized 167M shares 0%
Common Stock, Shares, Issued 127M shares +28.2%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -12.4M USD -126%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 41M USD +78.8%
Interest Paid, Excluding Capitalized Interest, Operating Activities 1.84M USD +417%
Deferred Tax Assets, Valuation Allowance 15.7M USD +68%
Deferred Tax Assets, Gross 21.3M USD +49.2%
Operating Lease, Liability 82.3M USD
Depreciation 14.1M USD +355%
Payments to Acquire Property, Plant, and Equipment 75.7M USD +129%
Lessee, Operating Lease, Liability, to be Paid 99.1M USD
Property, Plant and Equipment, Gross 223M USD +30.4%
Operating Lease, Liability, Current 13M USD
Lessee, Operating Lease, Liability, to be Paid, Year Two 19.5M USD
Lessee, Operating Lease, Liability, to be Paid, Year One 18.8M USD
Operating Lease, Weighted Average Discount Rate, Percent 0.08 pure -40%
Deferred Income Tax Expense (Benefit) 0 USD -100%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 16.8M USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 19.9M USD
Deferred Tax Assets, Operating Loss Carryforwards 15.1M USD +26.4%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 20.3M USD
Additional Paid in Capital 304M USD +96%
Depreciation, Depletion and Amortization 50.1M USD +1261%
Deferred Tax Assets, Net of Valuation Allowance 5.64M USD +13.9%
Share-based Payment Arrangement, Expense 579K USD -95.3%
Interest Expense 9.74M USD +723%