Breakdown | |||||
TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
---|---|---|---|---|---|
Income Statement | Total Revenue | ||||
221.19M | 165.57M | 55.39M | 8.55M | 0.00 | 0.00 | Gross Profit |
12.34M | 17.23M | 11.00M | -957.00K | -1.00K | 0.00 | EBIT |
-61.98M | -99.02M | -44.05M | -20.90M | -332.00K | -263.00K | EBITDA |
-46.07M | -43.38M | -36.88M | -20.71M | -331.00K | 0.00 | Net Income Common Stockholders |
-243.28M | -149.27M | -45.61M | -22.49M | -804.00K | -263.00K |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
11.96M | 3.34M | 43.57M | 38.80M | 11.75M | 0.00 | Total Assets |
63.49M | 762.87M | 263.96M | 119.98M | 15.05M | 0.00 | Total Debt |
1.22M | 427.81M | 91.81M | 13.54M | 2.13M | 1.90M | Net Debt |
-10.74M | 424.47M | 48.24M | -25.25M | -9.62M | 1.90M | Total Liabilities |
72.10M | 638.04M | 194.28M | 40.74M | 17.64M | 2.02M | Stockholders Equity |
-8.61M | 124.83M | 59.52M | 72.26M | -2.58M | -2.02M |
Cash Flow | Free Cash Flow | ||||
-468.67M | -128.01M | -72.54M | -59.12M | -3.38M | 0.00 | Operating Cash Flow |
-156.36M | 13.79M | 58.73M | -872.00K | -83.00K | 0.00 | Investing Cash Flow |
-515.60M | -172.44M | -132.09M | -45.87M | -3.30M | 0.00 | Financing Cash Flow |
892.20M | 146.76M | 70.63M | 81.29M | 15.13M | 0.00 |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
81 Outperform | $1.49B | 28.01 | 11.35% | ― | 14.05% | 17.90% | |
69 Neutral | $1.28B | 364.18 | 0.63% | ― | 20.97% | ― | |
66 Neutral | $1.03B | 92.89 | 2.42% | ― | 18.72% | 347.70% | |
64 Neutral | $12.86B | 9.79 | 7.78% | 16985.65% | 12.28% | -7.82% | |
60 Neutral | $3.44B | ― | -33.73% | ― | 25.27% | 4.68% | |
58 Neutral | $3.12B | ― | -78.94% | ― | 53.70% | -72.91% | |
54 Neutral | $1.56B | ― | -19.49% | ― | -50.48% | -15.75% |
On June 2, 2025, Applied Digital Corporation announced the execution of datacenter leases and the issuance of an initial warrant. The company is considering an ‘at the market’ offering of up to $200 million in common stock to fund growth capital expenditures and other corporate needs, although the decision to proceed is contingent on market conditions.
The most recent analyst rating on (APLD) stock is a Buy with a $10.00 price target. To see the full list of analyst forecasts on Applied Digital Corporation stock, see the APLD Stock Forecast page.
On February 26, 2025, Applied Digital Corporation‘s Board of Directors approved the negotiation for the potential sale of its Cloud Services Business, which was classified as ‘held for sale’ on April 10, 2025. This strategic move, reflecting a shift in the company’s operations, will be reported as discontinued operations starting from the fourth quarter of the fiscal year ending May 31, 2025, and aims to assist investors in understanding its financial impact.
The most recent analyst rating on (APLD) stock is a Buy with a $10.00 price target. To see the full list of analyst forecasts on Applied Digital Corporation stock, see the APLD Stock Forecast page.
On April 30, 2025, Applied Digital Corporation entered into a preferred equity purchase agreement with institutional investors, allowing the company to sell up to $150 million of Series G Convertible Preferred Stock over a 36-month period. This arrangement is intended to fund the development of their Ellendale High Performance Computing Campus and other corporate needs, providing flexibility in capital access without mandatory draw requirements. The stock is convertible into common shares under specific conditions, with protective measures like beneficial ownership caps and redemption rights in place to ensure compliance with Nasdaq rules.
On March 27, 2025, Applied Digital Corporation’s board approved performance stock unit grants for key executives under its 2024 Omnibus Equity Incentive Plan. These grants, which are subject to performance-based vesting conditions, include 1,600,000 units for CEO Wes Cummins, 245,000 units for CFO Saidal Mohmand, and 600,000 units for COO Laura Laltrello, highlighting the company’s commitment to aligning executive incentives with performance goals.