Financial Snapshot

Revenue
$211.6M
TTM
Gross Margin
0.73%
TTM
Net Earnings
-$270.6M
TTM
Current Assets
Q4 2024
Current Liabilities
Q4 2024
Current Ratio
77.39%
Q4 2024
Total Assets
Q4 2024
Total Liabilities
Q4 2024
Book Value
$490.4M
Q4 2024
Cash
Q4 2024
P/E
-7.511
Nov 29, 2024 EST
Free Cash Flow
-$225.1M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2024 2023 2022 2021 2020 2008 2007 2006 2005 2004 2003 2002
Revenue $165.6M $55.39M $8.549M $0.00 $0.00 $337.0K $1.547M $3.870M $3.311M $3.594M $1.093M $490.0K
YoY Change 198.92% 547.94% -78.22% -60.03% 16.88% -7.87% 228.82% 123.06%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2024 2023 2022 2021 2020 2008 2007 2006 2005 2004 2003 2002
Revenue $165.6M $55.39M $8.549M $0.00 $0.00 $337.0K $1.547M $3.870M $3.311M $3.594M $1.093M $490.0K
Cost Of Revenue $148.3M $44.39M $9.506M $0.00 $0.00 $145.0K $1.338M $2.369M $2.234M $2.392M $799.0K $460.0K
Gross Profit $17.24M $11.00M -$957.0K $0.00 $0.00 $192.0K $209.0K $1.501M $1.077M $1.202M $294.0K $30.00K
Gross Profit Margin 10.41% 19.87% -11.19% 56.97% 13.51% 38.79% 32.53% 33.44% 26.9% 6.12%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2024 2023 2022 2021 2020 2008 2007 2006 2005 2004 2003 2002
Selling, General & Admin $98.46M $55.06M $7.555M $332.0K $0.00 $2.950M $3.043M $2.593M $2.002M $1.391M $1.142M $760.0K
YoY Change 78.83% 628.78% 2175.6% -3.06% 17.35% 29.52% 43.93% 21.8% 50.26%
% of Gross Profit 571.29% 500.35% 1536.46% 1455.98% 172.75% 185.89% 115.72% 388.44% 2533.33%
Research & Development $285.0K $130.0K $1.054M $557.0K $170.0K $40.00K $50.00K
YoY Change 119.23% -87.67% 89.23% 227.65% 325.0% -20.0%
% of Gross Profit 148.44% 62.2% 70.22% 51.72% 14.14% 13.61% 166.67%
Depreciation & Amortization $79.36M $7.267M $1.009M $1.000K $0.00 $323.0K $91.00K $108.0K $126.0K $88.00K $59.00K $50.00K
YoY Change 992.06% 620.22% 100800.0% 254.95% -15.74% -14.29% 43.18% 49.15% 18.0%
% of Gross Profit 460.46% 66.04% 168.23% 43.54% 7.2% 11.7% 7.32% 20.07% 166.67%
Operating Expenses $98.46M $55.06M $7.555M $332.0K $0.00 $3.558M $3.264M $3.755M $2.685M $1.650M $1.241M $850.0K
YoY Change 78.83% 628.78% 2175.6% 9.01% -13.08% 39.85% 62.73% 32.96% 46.0%
Operating Profit -$99.02M -$44.06M -$20.90M -$332.0K $0.00 -$3.366M -$3.055M -$2.254M -$1.608M -$448.0K -$947.0K -$820.0K
YoY Change 124.77% 110.81% 6194.58% 10.18% 35.54% 40.17% 258.93% -52.69% 15.49%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2024 2023 2022 2021 2020 2008 2007 2006 2005 2004 2003 2002
Interest Expense $26.83M -$1.980M $112.0K $236.0K -$263.0K $98.00K $253.0K $22.00K $224.0K $40.00K $6.000K $10.00K
YoY Change -1455.15% -1867.86% -52.54% -189.73% -61.26% 1050.0% -90.18% 460.0% 566.67% -40.0%
% of Operating Profit
Other Income/Expense, Net -$21.21M $0.00 -$1.048M -$236.0K
YoY Change -100.0% 344.07%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2024 2023 2022 2021 2020 2008 2007 2006 2005 2004 2003 2002
Pretax Income -$149.6M -$46.13M -$21.95M -$568.0K -$263.0K -$3.278M -$2.802M -$2.232M -$1.384M -$408.0K -$941.0K -$810.0K
YoY Change 224.25% 110.19% 3763.73% 115.97% 16.99% 25.54% 61.27% 239.22% -56.64% 16.17%
Income Tax $96.00K -$523.0K $540.0K $0.00 $7.000K -$14.00K $25.00K $28.00K $16.00K $2.000K $0.00
% Of Pretax Income
Net Earnings -$149.3M -$44.65M -$23.52M -$568.0K -$263.0K -$3.285M -$2.788M -$2.257M -$1.412M -$424.0K -$943.0K -$810.0K
YoY Change 234.35% 89.82% 4040.85% 115.97% 17.83% 23.53% 59.84% 233.02% -55.04% 16.42%
Net Earnings / Revenue -90.15% -80.6% -275.12% -974.78% -180.22% -58.32% -42.65% -11.8% -86.28% -165.31%
Basic Earnings Per Share -$1.31 -$0.49 -$0.41 -$0.38
Diluted Earnings Per Share -$1.31 -$0.48 -$0.41 -$0.38 -$4.802K -$2.368M -$2.036M -$1.648M -$1.031M -$410.7K -$1.433M -$920.5K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2024 2023 2022 2021 2020 2008 2007 2006 2005 2004 2003 2002
Cash & Short-Term Investments $3.339M $43.57M $46.30M $11.75M $0.00 $1.003M $3.390M $6.146M $7.389M $9.052M $1.040M
YoY Change -92.34% -5.89% 294.03% -70.41% -44.84% -16.82% -18.37% 770.38%
Cash & Equivalents $3.339M $43.57M $46.30M $11.75M $0.00 $878.0K $2.440M $146.0K $495.0K $2.181M $1.040M
Short-Term Investments $125.0K $950.0K $6.000M $6.894M $6.871M
Other Short-Term Assets $23.08M $2.103M $2.786M $0.00 $61.00K $183.0K $265.0K $52.00K $29.00K $25.00K
YoY Change 997.29% -24.52% -66.67% -30.94% 409.62% 79.31% 16.0%
Inventory $0.00 $108.0K $108.0K $108.0K
Prepaid Expenses
Receivables $3.847M $82.00K $227.0K $64.00K $106.0K $130.0K $416.0K $532.0K $156.0K
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $194.0K $57.00K
Total Short-Term Assets $30.26M $45.76M $49.31M $11.75M $0.00 $1.128M $3.787M $6.649M $7.965M $9.807M $1.278M
YoY Change -33.87% -7.21% 319.68% -70.21% -43.04% -16.52% -18.78% 667.37%
Property, Plant & Equipment $712.7M $211.2M $70.67M $20.00K $0.00 $39.00K $127.0K $181.0K $209.0K $260.0K $112.0K
YoY Change 237.46% 198.84% 353240.0% -69.29% -29.83% -13.4% -19.62% 132.14%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00 $500.0K $500.0K
YoY Change -100.0% 0.0%
Other Assets $19.93M $7.012M $0.00 $3.282M $0.00 $30.00K $31.00K $97.00K $330.0K
YoY Change 184.23% -100.0% -3.23% -68.04% -70.61%
Total Long-Term Assets $732.6M $218.2M $70.67M $3.302M $0.00 $137.0K $433.0K $509.0K $1.220M $910.0K $243.0K
YoY Change 235.75% 208.76% 2040.16% -68.36% -14.93% -58.28% 34.07% 274.49%
Total Assets $762.9M $264.0M $120.0M $15.05M $0.00 $1.265M $4.220M $7.158M $9.185M $10.72M $1.521M
YoY Change
Accounts Payable $116.1M $14.78M $13.24M $249.0K $0.00 $188.0K $323.0K $604.0K $589.0K $616.0K $246.0K
YoY Change 685.85% 11.57% 5218.88% -41.8% -46.52% 2.55% -4.38% 150.41%
Accrued Expenses $47.99M $1.950M $191.0K $116.0K $116.0K $290.0K $270.0K $228.0K $180.0K $141.0K $127.0K
YoY Change 2360.87% 920.94% 64.66% 0.0% 7.41% 18.42% 26.67% 27.66% 11.02%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $2.135M $1.899M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -100.0% 12.43%
Long-Term Debt Due $153.6M $13.67M $2.146M
YoY Change 1023.47% 537.09%
Total Short-Term Liabilities $385.5M $115.5M $29.00M $2.500M $2.015M $478.0K $593.0K $832.0K $769.0K $757.0K $373.0K
YoY Change 233.91% 298.17% 1059.92% 24.07% -19.39% -28.73% 8.19% 1.59% 102.95%
Long-Term Debt $142.8M $76.81M $10.27M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change 85.85% 647.86%
Other Long-Term Liabilities $109.7M $2.005M $936.0K
YoY Change 5373.32% 114.21%
Total Long-Term Liabilities $252.5M $78.82M $11.21M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change 220.36% 603.29%
Total Liabilities $638.0M $204.4M $47.72M $2.500M $2.015M $478.0K $593.0K $832.0K $769.0K $757.0K $374.0K
YoY Change 212.09% 328.41% 1808.84% 24.07% -19.39% -28.73% 8.19% 1.59% 102.41%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2024 2023 2022 2021 2020 2008 2007 2006 2005 2004 2003 2002
Basic Shares Outstanding 114.1M shares 93.98M shares 57.12M shares 1.511M shares
Diluted Shares Outstanding 114.1M shares 93.98M shares 57.12M shares 1.511M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $2.0322 Billion

About Applied Digital Corp.

Applied Digital Corp. operates as a technology company, which engages in the development and operation of data centers which provide computing power. The company is headquartered in Dallas, Texas and currently employs 150 full-time employees. The company went IPO on 2002-07-22. The company provides digital infrastructure solutions and cloud services for high-performance computing (HPC) and artificial intelligence (AI). Its segments include Blockchain data center hosting (the Datacenter Hosting Business), cloud services, through a wholly owned subsidiary (the Cloud Services Business) and HPC data center hosting (the HPC Hosting Business). The Datacenter hosting segment operates datacenters to provide energized space to crypto-mining customers. The Cloud services segment operates through its Sai Computing brand and provides cloud services for customers, such as artificial intelligence and machine learning developers, to develop their advanced products. The HPC hosting segment designs, builds, and operates datacenters, which are designed to support high-computer applications using advanced infrastructures to provide services to customers.

Industry: Services-Computer Processing & Data Preparation Peers: SOUNDHOUND AI, INC. Avaya Holdings Corp. CLEANSPARK, INC. CoreCard Corp Dave Inc./DE Embark Technology, Inc. KLDiscovery Inc. Salesforce, Inc. SMITH MICRO SOFTWARE, INC. Veritone, Inc.