APLD - Applied Science Products, Inc. Stock Price, Fair Value and News

3.32USD+0.22 (+7.10%)Market Closed

Market Summary

USD3.32+0.22

Market Closed

7.10%

APLD Alerts

Big jump in Revenue (Y/Y)

Big fall in earnings (Y/Y)
Losses in recent quarter

APLD Stock Price

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APLD RSI Chart

APLD Valuation

Market Cap

380.5M

Price/Earnings (Trailing)

-4.17

Price/Sales (Trailing)

2.64

EV/EBITDA

-11.59

Price/Free Cashflow

7.25

APLD Price/Sales (Trailing)

APLD Profitability

Operating Margin

18.96%

EBT Margin

-64.15%

Return on Equity

-77.05%

Return on Assets

-14.19%

Free Cashflow Yield

13.79%

APLD Fundamentals

APLD Revenue

Revenue (TTM)

143.9M

Rev. Growth (Yr)

207.65%

Rev. Growth (Qtr)

2.71%

APLD Earnings

Earnings (TTM)

-91.3M

Earnings Growth (Yr)

-794.49%

Earnings Growth (Qtr)

-496.81%

Breaking Down APLD Revenue

52 Week Range

2.8811.62

(Low)(High)

Last 7 days

14.8%

Last 30 days

4.0%

Last 90 days

-34.6%

Trailing 12 Months

-8.5%

How does APLD drawdown profile look like?

APLD Financial Health

Current Ratio

0.3

APLD Investor Care

Shares Dilution (1Y)

29.33%

Diluted EPS (TTM)

-0.83

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	143.9M	0	0	0
2023	43.7M	55.4M	84.8M	114.7M
2022	0	8.5M	20.3M	32.0M

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Tracking the Latest Insider Buys and Sells of Applied Science Products, Inc.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 06, 2024	benson ella g.	acquired	-	-	101,461	-
Apr 04, 2024	maniscalco michael	sold (taxes)	-19,855	3.27	-6,072	chief technology officer
Apr 04, 2024	maniscalco michael	acquired	-	-	25,000	chief technology officer
Apr 04, 2024	rench david	sold (taxes)	-55,737	3.27	-17,045	chief financial officer
Apr 04, 2024	rench david	acquired	-	-	70,000	chief financial officer
Apr 04, 2024	cummins wes	acquired	-	-	200,000	ceo; chairman
Apr 04, 2024	cummins wes	sold (taxes)	-160,600	3.27	-49,113	ceo; chairman
Feb 22, 2024	moore virginia	back to issuer	-	-	-33,685	-
Feb 22, 2024	lee rachel h.	acquired	-	-	79,219	-
Feb 22, 2024	mcdonald kelli	back to issuer	-	-	-33,685	-

Which funds bought or sold APLD recently?

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Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 06, 2024	SG Americas Securities, LLC	sold off	-100	-187,000	-	-%
May 03, 2024	VICTORY CAPITAL MANAGEMENT INC	new	-	48,612	48,612	-%
May 03, 2024	Glassman Wealth Services	sold off	-100	-418	-	-%
May 03, 2024	Baader Bank Aktiengesellschaft	sold off	-100	-101,100	-	-%
May 02, 2024	NISA INVESTMENT ADVISORS, LLC	added	0.54	-23,925	42,248	-%
May 02, 2024	THOMPSON DAVIS & CO., INC.	reduced	-17.24	-69,555	77,040	0.05%
May 02, 2024	LINCOLN NATIONAL CORP	reduced	-19.88	-55,486	57,463	-%
May 01, 2024	HUNTER ASSOCIATES INVESTMENT MANAGEMENT LLC	added	43.05	-155,000	1,392,000	0.23%
May 01, 2024	CONCOURSE FINANCIAL GROUP SECURITIES, INC.	added	-	1,284	1,284	-%
May 01, 2024	CAPSTONE INVESTMENT ADVISORS, LLC	added	345	143,208	221,473	-%

Are Funds Buying or Selling APLD?

Are funds buying APLD calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own APLD

No. of Funds

Unveiling Applied Science Products, Inc.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	hood river capital management llc	8.08%	8,584,355	SC 13G
Feb 09, 2024	capital research global investors	6.9%	7,337,288	SC 13G
Feb 07, 2024	blackrock inc.	4.6%	5,599,342	SC 13G/A
Feb 02, 2024	blackrock inc.	5.4%	5,694,779	SC 13G
Jan 05, 2024	gmr ltd	6.6%	7,050,000	SC 13G/A
Nov 17, 2023	zhang jason	6.8%	7,562,874	SC 13D
Jun 30, 2023	gmr ltd	7.75%	7,440,148	SC 13G
Dec 05, 2022	applied blockchain, inc.	24.0%	22,637,754	SC 13D/A

Recent SEC filings of Applied Science Products, Inc.

View All Filings

Date Filed	Form Type	Document
May 07, 2024	3	Insider Trading
May 07, 2024	4	Insider Trading
May 07, 2024	SC 13D	13D - Major Acquisition
May 06, 2024	424B5	Prospectus Filed
May 06, 2024	8-K	Current Report
May 06, 2024	S-3	S-3
May 01, 2024	8-K	Current Report
Apr 30, 2024	424B5	Prospectus Filed
Apr 30, 2024	8-K	Current Report
Apr 30, 2024	8-K	Current Report

Peers (Alternatives to Applied Science Products, Inc.)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
GS	143.1B	67.8B	8.75%	35.92%	15.2	2.11	66.36%	-10.82%
ICE	76.7B	9.7B	-2.99%	24.74%	30.93	7.89	0.75%	71.75%
CME	74.8B	5.7B	-1.35%	12.14%	23.19	13.2	-1.46%	19.89%
COIN	52.0B	4.0B	-11.04%	268.86%	38.54	13.1	41.89%	159.36%
FDS	16.6B	2.2B	0.54%	8.15%	33.93	7.71	7.26%	9.28%
IBKR	12.9B	6.1B	7.06%	54.42%	4.44	2.12	64.44%	33.59%
MID-CAP
JEF	9.7B	8.2B	4.15%	50.98%	33.44	1.18	17.04%	-68.59%
HLI	8.6B	1.8B	2.92%	55.51%	33.32	4.69	0.16%	-0.33%
EVR	7.4B	2.4B	-0.13%	79.36%	28.8	3.01	-12.10%	-46.39%
FRHC	4.2B	1.4B	1.89%	-10.83%	12.6	3.02	96.15%	398.80%
CLSK	3.3B	214.4M	5.96%	289.86%	-40.12	15.28	75.40%	19.03%
SMALL-CAP
DFIN	1.8B	802.0M	3.31%	48.27%	18.49	2.3	-2.34%	8.49%
AMRK	922.0M	10.0B	23.37%	10.15%	8.35	0.09	24.24%	-27.96%
COHN	16.1M	92.7M	14.99%	37.47%	2.58	0.17	72.05%	185.64%
AAMC	7.9M	3.2M	-18.39%	-96.27%	-0.24	2.5	-44.67%	-104.26%

Applied Science Products, Inc. News

Latest updates

Applied Science Products, Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

Income Statement (Quarterly)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1
Revenue	2.7%	43,348,000	42,203,000	36,323,000	22,038,000	14,090,000	12,340,000	6,924,000	3,975,000	1,026,000
Cost Of Revenue	61.0%	47,061,000	29,222,000	24,398,000	15,944,000	10,533,000	11,812,000	6,093,000	7,433,000	2,073,000
Gross Profit	-	-	-	-	6,088,000	3,557,000	528,000	831,000	90,000	-1,047,000
Costs and Expenses	96.9%	99,170,000	50,377,000	41,450,000	-16,164,500	21,079,000	39,038,000	11,101,000	4,267,000	1,370,000
S&GA Expenses	44.2%	30,386,000	21,075,000	17,052,000	12,279,500	10,546,000	27,226,000	5,008,000	10,524,000	1,370,000
EBITDA Margin	-388.7%	-0.23	-0.05	-0.42	-0.67	-0.83	-1.05	-0.48	-2.45	-
Interest Expenses	87.0%	4,404,000	2,355,000	2,074,000	913,500	352,000	364,000	356,000	112,000	-
Income Taxes	-	-	-	-	-243,000	-	-312,000	32,000	266,000	60,000
Earnings Before Taxes	-496.8%	-62,838,000	-10,529,000	-11,854,000	-7,099,000	-7,341,000	-27,062,000	-4,627,000	-4,145,500	-2,337,000
EBT Margin	-99.7%	-0.64	-0.32	-0.63	-0.83	-0.99	-1.19	-0.62	-2.59	-
Net Income	-496.8%	-62,838,000	-10,529,000	-11,457,000	-6,473,000	-7,025,000	-26,617,000	-4,531,000	-2,807,000	-6,445,000
Net Income Margin	-105.0%	-0.63	-0.31	-0.61	-0.81	-0.94	-1.26	-0.69	-2.75	-
Free Cashflow	755.7%	38,840,000	4,539,000	-21,392,000	-21,318,000	256,000	-27,947,000	-14,379,000	-35,171,000	-15,972,000

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet										(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q2
Assets	33.8%	643	481	349	264	208	167	146	120	63.00	15.00
Current Assets	189.9%	106	36.00	34.00	46.00	24.00	21.00	42.00	40.00	19.00	12.00
Cash Equivalents	-51.9%	4.00	9.00	6.00	29.00	23.00	18.00	41.00	39.00	12.00	12.00
Net PPE	-18.3%	211	259	223	196	167	133	95.00	64.00	44.00	0.00
Liabilities	61.4%	525	325	221	194	136	95.00	69.00	41.00	24.00	3.00
Current Liabilities	72.5%	349	202	152	115	109	70.00	49.00	29.00	23.00	3.00
Shareholder's Equity	-23.9%	118	156	128	60.00	71.00	72.00	77.00	79.00	-	-
Retained Earnings	-51.2%	-185	-122	-112	-100	-94.24	-87.22	-60.60	-56.07	-52.52	-21.62
Additional Paid-In Capital	9.2%	304	278	240	160	155	151	129	128	44.00	14.00
Shares Outstanding	4.0%	122	118	106	96.00	94.00	93.00	93.00	98.00	51.00	-
Minority Interest	-	-	-	-	10.00	11.00	8.00	9.00	7.00	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)													(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1
Cashflow From Operations	755.7%	38,840	4,539	4,517	4,591	26,165	10,685	17,294	-5,100	1,894	3,769	-1,435	-	-
Share Based Compensation	-33.4%	3,194	4,799	5,641	5,194	4,480	21,819	579	-	-	-	12,337	-	-
Cashflow From Investing	-127.0%	-56,910	-25,067	-40,541	-35,774	-26,009	-38,632	-31,673	-10,283	-3,975	-20,325	-11,288	-	-
Cashflow From Financing	1.9%	24,416	23,949	23,663	51,836	4,691	5,191	8,910	49,721	-3.00	1,672	29,902	-	-

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APLD Income Statement

2024-02-29

Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands

3 Months Ended

9 Months Ended

Feb. 29, 2024

Feb. 28, 2023

Feb. 29, 2024

Feb. 28, 2023

Revenue:

Total revenue

$ 43,348

$ 14,090

$ 121,876

$ 33,354

Costs and expenses:

Cost of revenues

^[1]

47,061

10,533

102,051

28,450

Selling, general and administrative

^[2]

30,386

10,546

67,142

42,779

Loss on classification as held for sale

21,723

Loss from legal settlement

2,380

Total costs and expenses

99,170

21,079

193,296

71,229

Operating loss

(55,822)

(6,989)

(71,420)

(37,875)

Interest expense, net

^[3]

4,404

352

8,836

1,061

Loss on change in fair value of related party debt

2,612

Loss on extinguishment of debt

^[4]

2,353

Net loss before income tax expenses

(62,838)

(7,341)

(85,221)

(39,030)

Income tax benefit

(280)

Net loss

(62,838)

(7,341)

(85,221)

(38,750)

Net loss attributable to noncontrolling interest

(316)

(397)

(577)

Net loss attributable to Applied Digital Corporation

$ (62,838)

$ (7,025)

$ (84,824)

$ (38,173)

Basic net loss per share attributable to Applied Digital Corporation (in dollars per share)

$ (0.52)

$ (0.07)

$ (0.77)

$ (0.41)

Diluted net loss per share attributable to Applied Digital Corporation (in dollars per share)

$ (0.52)

$ (0.07)

$ (0.77)

$ (0.41)

Basic weighted average number of shares outstanding (in shares)

121,426,622

94,119,944

110,500,556

93,545,687

Diluted weighted average number of shares outstanding (in shares)

121,426,622

94,119,944

110,500,556

93,545,687

Nonrelated Party

Revenue:

Total revenue

$ 40,284

$ 10,054

$ 110,993

$ 23,139

Related Party

Revenue:

Total revenue

$ 3,064

$ 4,036

$ 10,883

$ 10,215

[1]	Includes cost of revenues attributable to related party revenues of $2.5 million and $3.1 million for the three months ended February 29, 2024 and February 28, 2023, respectively, and $6.6 million and $8.8 million for the nine months ended February 29, 2024 and February 28, 2023, respectively.
[2]	Includes related party selling, general and administrative expense of $0.1 million and $0.5 million for the three and nine months ended February 29, 2024, respectively. There was no related party selling, general and administrative expense incurred during the three and nine months ended February 28, 2023.
[3]	Includes related party interest expense of $0.2 million and $0.8 million for the three months ended and nine months ended February 29, 2024, respectively. There was no related party debt issued during three and nine months ended February 28, 2023 and as such, no interest expense was incurred related to related party debt.
[4]	Amounts included in the nine months ended February 29, 2024 are related to the extinguishment of related party debt.

APLD Balance Sheet

2024-02-29

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Feb. 29, 2024	May 31, 2023
Current assets:
Cash and cash equivalents	$ 4,435	$ 28,999
Restricted cash	29,545	14,575
Accounts receivable	225	82
Prepaid expenses and other current assets	6,127	2,012
Current assets held for sale	65,369	0
Total current assets	105,701	45,668
Property and equipment, net	211,172	195,593
Operating lease right of use assets, net	95,429	1,290
Finance lease right of use assets, net	189,627	14,303
Other assets	41,239	7,103
TOTAL ASSETS	643,168	263,957
Current liabilities:
Accounts payable	93,918	6,446
Accrued liabilities	27,545	9,960
Current portion of operating lease liability	13,023	320
Current portion of finance lease liability	86,438	5,722
Current portion of debt	19,329	7,950
Current liabilities held for sale	8,279	0
Total current liabilities	349,160	115,460
Long-term portion of operating lease liability	69,260	1,005
Long-term portion of finance lease liability	63,803	8,334
Other long-term related party liabilities	0	1,000
Total liabilities	524,680	194,278
Commitments and contingencies
Stockholders' equity:
Common stock, $0.001 par value, 166,666,667 shares authorized, 127,486,937 shares issued and 122,417,839 shares outstanding at February 29, 2024, and 100,927,358 shares issued and 95,925,630 shares outstanding at May 31, 2023	127	101
Treasury stock, 5,069,098 shares at February 29, 2024 and 5,001,728 shares at May 31, 2023, at cost	(62)	(62)
Additional paid in capital	303,963	160,194
Accumulated deficit	(185,540)	(100,716)
Total stockholders’ equity attributable to Applied Digital Corporation	118,488	59,517
Noncontrolling interest	0	10,162
Total stockholders' equity including noncontrolling interest	118,488	69,679
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	643,168	263,957
Nonrelated Party
Current liabilities:
Customer deposits	32,410	32,560
Deferred revenue	63,121	47,168
Long-term debt	24,845	33,222
Related Party
Current liabilities:
Customer deposits	3,810	3,810
Deferred revenue	1,287	1,524
Long-term debt	$ 17,612	$ 35,257

About Applied Science Products, Inc.

Applied Digital Corporation designs, develops, and operates datacenters in North America. Its datacenters provide digital infrastructure solutions to the high-performance computing industry. The company also provides artificial intelligence cloud services, high performance computing datacenter hosting, and crypto datacenter hosting services. The company was formerly known as Applied Blockchain, Inc. and changed its name to Applied Digital Corporation in November 2022. Applied Digital Corporation is based in Dallas, Texas.

CEO	Mr. Wesley Cummins
WEBSITE	https://applieddigital.com
INDUSTRY	Mortgage Finance
EMPLOYEES	121

Applied Science Products, Inc. Frequently Asked Questions

What is the ticker symbol for Applied Science Products, Inc.? What does APLD stand for in stocks?

APLD is the stock ticker symbol of Applied Science Products, Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Applied Science Products, Inc. (APLD)?

As of Tue May 07 2024, market cap of Applied Science Products, Inc. is 380.49 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of APLD stock?

You can check APLD's fair value in chart for subscribers.

What is the fair value of APLD stock?

You can check APLD's fair value in chart for subscribers. The fair value of Applied Science Products, Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Applied Science Products, Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for APLD so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Applied Science Products, Inc. a good stock to buy?

The fair value guage provides a quick view whether APLD is over valued or under valued. Whether Applied Science Products, Inc. is cheap or expensive depends on the assumptions which impact Applied Science Products, Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for APLD.

What is Applied Science Products, Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, APLD's PE ratio (Price to Earnings) is -4.17 and Price to Sales (PS) ratio is 2.64. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. APLD PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Applied Science Products, Inc.'s stock?

In the past 10 years, Applied Science Products, Inc. has provided 1.297 (multiply by 100 for percentage) rate of return.