For the quarter ending 2025-08-31, APLD made $64,216K in revenue. -$18,502K in net income. Net profit margin of -28.81%.
| Income Statement | 2025-08-31 | 2025-05-31 | 2025-02-28 | 2024-11-30 |
|---|---|---|---|---|
| Total revenue | 64,216 | -33,300 | 52,921 | 63,868 |
| Cost of revenues | 55,606 | -61,111 | 49,141 | 52,361 |
| Selling, general and administrative | 29,152 | 16,212 | 22,723 | 29,789 |
| Gain on classification of held for sale | 0 | 0 | 0 | -192 |
| Loss on abandonment of assets | -1,751 | -369 | 0 | -141 |
| Loss from legal settlement | - | 0 | 0 | 0 |
| Total costs and expenses | 86,509 | -44,530 | 71,864 | 82,483 |
| Operating (loss) income | -22,293 | 11,230 | -18,943 | -18,615 |
| Interest expense, net | 3,946 | -8,948 | 8,897 | 7,482 |
| Loss on conversion of debt | - | -4,101 | 0 | -25,410 |
| Loss on change in fair value of debt | 0 | 8,201 | 0 | -87,218 |
| Loss on change in fair value of related party debt | - | 0 | 0 | - |
| Loss on extinguishment of debt-Nonrelated Party | - | 0 | -1,177 | - |
| Loss on extinguishment of debt-Related Party | - | 0 | 0 | - |
| Loss on change in fair value of warrants-Nonrelated Party | - | 1,605 | - | - |
| Loss on extinguishment of related party debt | - | - | - | 0 |
| Loss on change in fair value of warrants issued | - | - | 6,421 | - |
| Loss on change in fair value of warrants-Related Party | - | 0 | - | - |
| Net (loss) income from continuing operations before income tax expense | -26,239 | 20,177 | -35,438 | -138,725 |
| Income tax expense | 8 | -16 | 117 | 1 |
| Net (loss) income from continuing operations | -26,247 | -39,584 | - | - |
| Loss on abandonment of assets | 0 | - | - | - |
| Revenue-Cloud Services Business-Discontinued Operations Held For Sale Or Disposed Of By Sale | 16,718 | 21,094 | - | - |
| Cost of revenues-Cloud Services Business-Discontinued Operations Held For Sale Or Disposed Of By Sale | 3,365 | 28,827 | - | - |
| Selling, general and administrative-Cloud Services Business-Discontinued Operations Held For Sale Or Disposed Of By Sale | 330 | 6,203 | - | - |
| Loss on abandonment of assets-Cloud Services Business-Discontinued Operations Held For Sale Or Disposed Of By Sale | 492 | -103 | - | - |
| Operating income (loss) from discontinued operations | 12,531 | -13,833 | - | - |
| Interest expense | 3,210 | 4,350 | - | - |
| Net income (loss) from discontinued operations before income tax expense | 9,321 | -18,182 | - | - |
| Income tax expense | 0 | 0 | - | - |
| Net (loss) income from discontinued operations | 9,321 | -18,182 | - | - |
| Net loss | -16,926 | -52,537 | -35,555 | -138,726 |
| Net loss attributable to noncontrolling interest | - | 0 | 0 | 0 |
| Preferred dividends | 1,576 | 1,402 | 540 | 629 |
| Net loss attributable to common stockholders | -18,502 | -53,939 | -36,095 | -139,355 |
| Basic net loss per share (in dollars per share) | -0.07 | -0.31 | -0.16 | -0.66 |
| Basic weighted average number of shares outstanding (in shares) | 255,892,902 | -379,829,802 | 222,454,578 | 209,560,339 |
| Diluted net loss per share (in dollars per share) | -0.07 | -0.31 | -0.16 | -0.66 |
| Diluted weighted average number of shares outstanding (in shares) | 255,892,902 | -379,829,802 | 222,454,578 | 209,560,339 |
Applied Digital Corp. (APLD)
Applied Digital Corp. (APLD)