Overview
Applied Digital (APLD) is a US-based company that operates next-generation digital infrastructure. APLD has three primary business streams: artificial intelligence (AI) cloud services, high-performance computing (HPC) data center hosting, and crypto data center hosting. Under its Sai Computing brand, APLD's AI Cloud service offers cloud services tailored to artificial intelligence applications. The HPC data center business focuses on designing, building,
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Read More and operating Next-Gen data centers that deliver substantial computing power and support high-compute applications in a cost-effective manner. Additionally, its crypto data center hosting business provides infrastructure and colocation services to customers involved in crypto mining.
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Read More and operating Next-Gen data centers that deliver substantial computing power and support high-compute applications in a cost-effective manner. Additionally, its crypto data center hosting business provides infrastructure and colocation services to customers involved in crypto mining.
Read Less
WES CUMMINS
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Software Publishers
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Computer Systems Design and Related Services
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Publishing Industries
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Information
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Business oriented computer software
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Modelled
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Actual
$165.58 million
Actual
198.92%
$762
MAY
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NASDAQ:APLD
Contacts
Get in Touch with 6 Principals* and 30 Contacts
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WES CUMMINSChairman of the Board and Chief Executive Officer and Secretary and Treasurer
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Contact 2?
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Contact 3?
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Financial Statements
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Financial data as of May 31, 2024 (12 month period) in USD
Annual Revenue 2024
$165.58 million
USD
Actual
All financial statement data is in millions except per share data | Source: Morningstar
Cash Flow (mil) | 2024 | 2023 | 2022 |
---|---|---|---|
Net Operating Cash | $14 | $59 | -$1 |
Net Investing Cash | -$172 | -$132 | -$46 |
Net Financing Cash | $147 | $71 | $81 |
Net Change in Cash | -$12 | -$3 | $35 |
Cash at Beginning of Period | $44 | $46 | $12 |
Cash at End of Period | $32 | $44 | $46 |
Capital Expenditure | -$142 | -$131 | -$55 |
Assets (mil) | 2024 | 2023 | 2022 |
---|---|---|---|
Current Assets | |||
Cash and Cash Equivalents | $3 | $29 | $39 |
Accounts Receivable | $4 | $0 | $0 |
Inventories | $ | $ | $ |
Other Current Assets | $23 | $17 | $1 |
Asset Summary | |||
Total Current Assets | $30 | $46 | $40 |
Tangible Fixed Assets | $713 | $214 | $71 |
Intangible Assets | $ | $ | $ |
Total Assets | $763 | $264 | $120 |
Liabilities (mil) | 2024 | 2023 | 2022 |
---|---|---|---|
Current Liabilities | |||
Accounts Payable | $116 | $6 | $13 |
Short-Term Debt | $46 | $8 | $1 |
Other Current Liabilities | $224 | $101 | $14 |
Liability Summary | |||
Total Current Liabilities | $386 | $115 | $29 |
Long-Term Debt | $79 | $68 | $6 |
Other Long-Term Liabilities | $ | $ | $ |
Total Liabilities | $638 | $194 | $41 |
Stakeholder's Equity (mil) | 2024 | 2023 | 2022 |
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Equity | |||
Common Stock | $0 | $0 | $0 |
Retained Earnings | -$250 | -$101 | -$56 |
Equity Summary | |||
Total Equity | $125 | $60 | $72 |
Shares Outstanding | 139,051,142 | 95,925,630 | 97,837,798 |