applied digital - APLD

APLD

Close Chg Chg %
6.86 0.37 5.39%

Closed Market

7.23

+0.37 (5.39%)

Volume: 22.45M

Last Updated:

Nov 15, 2024, 4:00 PM EDT

Company Overview: applied digital - APLD

APLD Key Data

Open

$7.01

Day Range

6.90 - 7.57

52 Week Range

2.36 - 9.48

Market Cap

$1.48B

Shares Outstanding

215.37M

Public Float

163.61M

Beta

3.83

Rev. Per Employee

N/A

P/E Ratio

N/A

EPS

-$1.16

Yield

0.00%

Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

13.72M

 

APLD Performance

1 Week
 
-4.37%
 
1 Month
 
-11.61%
 
3 Months
 
80.30%
 
1 Year
 
78.96%
 
5 Years
 
N/A
 

APLD Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 7
Full Ratings ➔

About applied digital - APLD

Applied Digital Corp. is a technology company, which engages in the provision of development and operation of data centers which provide computing power. It operates through the following segments: Cloud Services Business, HPC Hosting Business, and Data Center Hosting Business. The company was founded by Wesley Carl Cummins and Jason Zhang in May 2001 and is headquartered in Dallas, TX.

APLD At a Glance

Applied Digital Corp.
3811 Turtle Creek Boulevard
Dallas, Texas 75219
Phone 1-214-427-1704 Revenue 165.58M
Industry Data Processing Services Net Income -149,274,000.00
Sector Technology Services 2024 Sales Growth 198.915%
Fiscal Year-end 05 / 2025 Employees 150
View SEC Filings

APLD Valuation

P/E Current N/A
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) N/A
Price to Sales Ratio 2.914
Price to Book Ratio 4.712
Price to Cash Flow Ratio 34.978
Enterprise Value to EBITDA -474.597
Enterprise Value to Sales 5.349
Total Debt to Enterprise Value 0.483

APLD Efficiency

Revenue/Employee 1,103,833.333
Income Per Employee -995,160.00
Receivables Turnover 43.04
Total Asset Turnover 0.309

APLD Liquidity

Current Ratio 0.078
Quick Ratio 0.078
Cash Ratio 0.064

APLD Profitability

Gross Margin 10.409
Operating Margin -49.057
Pretax Margin -90.337
Net Margin -90.155
Return on Assets -27.819
Return on Equity -161.949
Return on Total Capital -27.011
Return on Invested Capital -57.896

APLD Capital Structure

Total Debt to Total Equity 342.711
Total Debt to Total Capital 77.412
Total Debt to Total Assets 53.237
Long-Term Debt to Equity 202.275
Long-Term Debt to Total Capital 45.69
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Applied Digital - APLD

Collapse All in section
All values USD millions. 2021 2022 2023 2024 5-year trend
Sales/Revenue
- 8.55M 55.39M 165.57M
Sales Growth
- - +547.94% +198.92%
-
Cost of Goods Sold (COGS) incl D&A
1.00K 21.89M 44.39M 148.34M
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
1.00K 1.12M 7.27M 79.36M
Depreciation
1.00K 1.12M 7.27M 79.36M
Amortization of Intangibles
- - - -
-
COGS Growth
- +2,189,100.00% +102.76% +234.19%
Gross Income
(1.00K) (13.34M) 11.00M 17.23M
Gross Income Growth
- -1,334,200.00% +182.47% +56.62%
Gross Profit Margin
- -156.08% +19.87% +10.41%
2021 2022 2023 2024 5-year trend
SG&A Expense
331.00K 7.55M 55.06M 98.46M
Research & Development
- - - -
-
Other SG&A
331.00K 7.55M 55.06M 98.46M
SGA Growth
- +2,182.48% +628.78% +78.83%
Other Operating Expense
- - - -
-
Unusual Expense
- 936.00K 94.00K 41.52M
EBIT after Unusual Expense
(332.00K) (21.83M) (44.15M) (122.74M)
Non Operating Income/Expense
- - - -
-
Non-Operating Interest Income
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
236.00K 112.00K 1.98M 26.83M
Interest Expense Growth
-10.27% -52.54% +1,667.86% +1,255.15%
Gross Interest Expense
236.00K 112.00K 1.98M 26.83M
Interest Capitalized
- - - -
-
Pretax Income
(568.00K) (21.95M) (46.13M) (149.57M)
Pretax Income Growth
-115.97% -3,763.73% -110.19% -224.25%
Pretax Margin
- -256.71% -83.28% -90.34%
Income Tax
- 540.00K (523.00K) 96.00K
Income Tax - Current - Domestic
- - 18.00K 96.00K
-
Income Tax - Current - Foreign
- - - -
-
Income Tax - Deferred - Domestic
- - 540.00K (541.00K)
-
Income Tax - Deferred - Foreign
- - - -
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
(568.00K) (22.49M) (45.61M) (149.67M)
Minority Interest Expense
- (10.00K) (960.00K) (397.00K)
Net Income
(568.00K) (22.48M) (44.65M) (149.27M)
Net Income Growth
-115.97% -3,857.04% -98.64% -234.35%
Net Margin Growth
- -262.91% -80.60% -90.15%
Extraordinaries & Discontinued Operations
- - - (1.04M)
-
Discontinued Operations
- - - (1.04M)
-
Net Income After Extraordinaries
(568.00K) (23.52M) (44.65M) (149.27M)
Preferred Dividends
- - - -
-
Net Income Available to Common
(568.00K) (23.52M) (44.65M) (149.27M)
EPS (Basic)
-0.3759 -0.4118 -0.4751 -1.3087
EPS (Basic) Growth
-115.91% -9.55% -15.37% -175.46%
Basic Shares Outstanding
1.51M 57.12M 93.98M 114.06M
EPS (Diluted)
-0.3759 -0.4118 -0.4751 -1.3087
EPS (Diluted) Growth
-115.91% -9.55% -15.37% -175.46%
Diluted Shares Outstanding
1.51M 57.12M 93.98M 114.06M
EBITDA
(331.00K) (19.78M) (36.79M) (1.87M)
EBITDA Growth
- -5,875.23% -86.00% +94.93%
EBITDA Margin
- -231.35% -66.41% -1.13%

Snapshot

Average Recommendation BUY Average Target Price 10.714
Number of Ratings 7 Current Quarters Estimate -0.133
FY Report Date 11 / 2024 Current Year's Estimate -0.47
Last Quarter’s Earnings -0.15 Median PE on CY Estimate N/A
Year Ago Earnings -1.31 Next Fiscal Year Estimate -0.225
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 7 7 7 4
Mean Estimate -0.13 -0.13 -0.47 -0.23
High Estimates -0.08 -0.05 -0.29 0.12
Low Estimate -0.19 -0.22 -0.80 -0.80
Coefficient of Variance -32.14 -46.48 -39.65 -186.33

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 7 7 7
OVERWEIGHT 0 0 0
HOLD 0 0 0
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Buy Buy Buy

Insider Actions for Applied Digital - APLD

Date Name Shares Transaction Value
May 14, 2024 Richard N. Nottenburg Director 513,686 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 8, 2024 Ella Gendel Benson Director 101,461 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 9, 2024 Wesley Carl Cummins CEO; Chairman; Director 4,013,877 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Apr 9, 2024 Wesley Carl Cummins CEO; Chairman; Director 3,964,764 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $3.27 per share 12,964,778.28
Apr 9, 2024 Wesley Carl Cummins CEO; Chairman; Director 400,000 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Apr 9, 2024 David Rench Chief Financial Officer 297,490 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Apr 9, 2024 David Rench Chief Financial Officer 280,445 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $3.27 per share 917,055.15
Apr 9, 2024 David Rench Chief Financial Officer 140,000 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Apr 9, 2024 Michael Maniscalco Chief Technology Officer 81,399 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Apr 9, 2024 Michael Maniscalco Chief Technology Officer 75,327 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $3.27 per share 246,319.29
Apr 9, 2024 Michael Maniscalco Chief Technology Officer 50,000 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 27, 2024 Rachel H. Lee Director 79,219 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 23, 2024 Virginia Moore Director 148,630 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $4.74 per share 704,506.20
Feb 23, 2024 Virginia Moore Director 76,191 Disposition to the issuer of issuer equity secs pursant to Rule 16b-3 0.00
Dec 1, 2023 Virginia Moore Director 178,630 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $4.87 per share 869,928.10

Applied Digital in the News