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StockUnited StatesNasdaqGS

APLD

Applied Digital Corporation

Technology · Information Technology Services

27.19USD

-2.7000 (-9.03%)

SummaryFinancialsRelative ValueResearchNewsDiscussionOptions

Market Cap

$7.77B

Enterprise Value

$9.85B

Industry

Information Technology Services

Headquarters

United States

Applied Digital Corporation designs, develops, and operates digital infrastructure solutions to high-performance computing (HPC) and artificial intelligence industries in North America. It operates through: Data Center Hosting Business, and HPC Hosting Business. The company offers infrastructure services to crypto mining customers; and GPU computing solutions for critical workloads related to AI, machine learning, and other HPC tasks. It also engages in the designing, constructing, and managing of data centers to support HPC applications. The company was formerly known as Applied Blockchain, Inc. and changed its name to Applied Digital Corporation in November 2022. Applied Digital Corporation has an lease agreement with CoreWeave for an additional 150MW at its Polaris Forge 1 Campus in Ellendale, North Dakota. Applied Digital Corporation is based in Dallas, Texas.

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Financial (TTM)

Revenue$284.14M
EBITDA-$156.43M
Net Income-$154.47M

Valuation

P/E (TTM)—
EV/EBITDA (TTM)708.62x

Liquidity

Avg Daily Volume ($)$568.31M
Short Interest (% float)26.54%
Shares Short69.87M

Growth

Source: SEC filings (EDGAR)