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Applied Digital Corporation  (NASDAQ: APLD)
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Price: $9.1800 $-0.15 -1.608%
Day's High: $9.39 Week Perf: -4.97 %
Day's Low: $ 9.02 30 Day Perf: -29.49 %
Volume (M): 17,617 52 Wk High: $ 15.06
Volume (M$): $ 161,727 52 Wk Avg: $7.27
Open: $9.33 52 Wk Low: $3.01



 Market Capitalization (Millions $) 2,042
 Shares Outstanding (Millions) 222
 Employees 43
 Revenues (TTM) (Millions $) 221
 Net Income (TTM) (Millions $) -243
 Cash Flow (TTM) (Millions $) 220
 Capital Exp. (TTM) (Millions $) 538

Applied Digital Corporation
We design, build, and operate Next-Gen datacenters which are designed to provide massive computing power and support high-compute applications. Initially, these datacenters will primarily host servers securing the Bitcoin network but can also host hardware for other applications such as artificial intelligence, machine learning and other blockchain networks in the future. We have a colocation business model where our customers place hardware they own into our facilities and we provide full operational and maintenance services for a monthly recurring fee.

We typically enter into long term contracts with our customers.
We purchased property in North Dakota on which we constructed our first co-hosting facility. We entered into an Amended and Restated Energy Services Agreement for the purpose of supplying 100 megawatts ("MW") of electricity to be used by our co-hosting customers at this facility. We also entered into agreements with five customers (JointHash Holding Limited (a subsidiary of GMR), Spring Mud (a subsidiary of GMR), Bitmain Technologies Limited, F2Pool Mining, Inc. and Hashing LLC, ) which are expected to utilize the total available energy under the Amended and Restated Energy Services Agreement at our first facility and 85MW of energy at our second facility, once it is built and able to provide such energy. The company pays for energy from part of the revenue from customers.
Working with expert advisors in the fields of power, crypto mining operations, procurement, and construction, we have designed a plan for a prefabricated facility and organization within the facility that can be delivered and installed quickly and maximize performance and efficiency of the facility and our customers' crypto mining equipment. Construction of our first co-hosting facility began in September 2021. On February 2, 2022, we brought our first facility online. It is now fully operational.


   Company Address: 3811 Turtle Creek Boulevard Dallas 75219 TX
   Company Phone Number: 427-1704   Stock Exchange / Ticker: NASDAQ APLD


Customers recorded net loss Customers recorded net loss



• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

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Product Service News

Applied Digital Hits Milestone in Ellendale HPC Center Amid Surge in Sales and Rising Costs

Published Tue, Dec 17 2024 9:20 PM UTC

In an era defined by rapid digital transformation, Applied Digital has made significant strides towards establishing its state-of-the-art High-Performance Computing (HPC) data center in Ellendale, North Dakota. This ambitious undertaking marks a pivotal moment for the company, as it sets the stage for tapping into the burgeoning realms of advanced artificial intelligence and...

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Applied Digital Corporation Secures $150 Million in Senior Secured Debt Financing, Strengthening Its Position in High-Performance Computing

Published Mon, Dec 2 2024 1:01 PM UTC

In the bustling hub of Dallas, Applied Digital Corporation (Nasdaq: APLD) has made significant strides to bolster its financial foundation, marked by its recent announcement of a successful $150 million senior secured debt financing deal with Macquarie Equipment Capital, Inc. a key player in Macquarie Group s Commodities and Global Markets business. This strategic move not o...

Stock Market Announcement

Applied Digital Corporation Bolsters Financial Position with $375 Million Convertible Notes Offering Amid Growing Demand for High-Performance Computing

Published Thu, Oct 31 2024 10:01 AM UTC

DALLAS, Oct. 31, 2024 In a strategic move to enhance its financial framework amidst significant operational demands, Applied Digital Corporation (Nasdaq: APLD) has announced the upsize and pricing of a substantial offering of $375 million in Convertible Senior Notes. This offering, with a fixed interest rate of 2.75% and due in 2030, aims to bolster the company s resource...

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Applied Digital Corporation Announces $300 Million Convertible Notes Offering, Strengthening Position Amid Rising High-Performance Computing Demand

Published Wed, Oct 30 2024 8:31 PM UTC

In a significant financial maneuver, Applied Digital Corporation (Nasdaq: APLD), a frontrunner in designing and operating digital infrastructure for High-Performance Computing (HPC) applications, has unveiled plans to issue $300 million in convertible senior notes due 2030. This announcement, released on October 30, 2024, underscores the company s strategic intention to capi...

Applied Digital Corporation

The Cloud Computing & Data Analytics company reported surge in revenue, in the March to May 31 2024 three months

Navigating the Clouds: Applied Digital's Innovations Amid Financial Strains
In the fast-evolving landscape of digital infrastructure, Applied Digital Corporation has emerged as a notable player well-known for its ventures into high-performance computing (HPC), cloud services, and data center hosting. Yet, despite its dedication to innovation, the company finds itself navigating through turbulent financial waters as it strives to secure its position in a fiercely competitive market.
On August 28, 2024, Applied Digital Corporation (NASDAQ: APLD) reported its financial results for the fourth quarter and full year ending May 31, 2024. The announcement highlighted both positive revenue growth and persistent fiscal challenges. For the fourth quarter alone, Applied Digital achieved a revenue surge of 25.625%, bringing in $43.70 million compared to $34.76 million in the same quarter a year prior. The firm also noted a slight increase in revenue of 0.814% from $43.35 million in the previous quarter, signaling a more stable operational trajectory in the short term.







Applied Digital's Segments
Data Center Hosting Business    66.45 % of total Revenue
Cloud Services Business    33.55 % of total Revenue





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