Applied Digital Corporation

NasdaqGS:APLD Stock Report

Market Cap: US$1.7b

Applied Digital Management

Management criteria checks 3/4

Applied Digital's CEO is Wes Cummins, appointed in Mar 2021, has a tenure of 3.75 years. total yearly compensation is $1.24M, comprised of 48.5% salary and 51.5% bonuses, including company stock and options. directly owns 1.83% of the company’s shares, worth $31.18M. The average tenure of the management team and the board of directors is 1 years and 3.6 years respectively.

Key information

Wes Cummins

Chief executive officer

US$1.2m

Total compensation

CEO salary percentage48.5%
CEO tenure3.8yrs
CEO ownership1.8%
Management average tenureless than a year
Board average tenure3.6yrs

Recent management updates

Recent updates

After Leaping 56% Applied Digital Corporation (NASDAQ:APLD) Shares Are Not Flying Under The Radar

Dec 02
After Leaping 56% Applied Digital Corporation (NASDAQ:APLD) Shares Are Not Flying Under The Radar

Applied Digital: Q4 2024 Earnings And Nvidia Investment

Sep 06

Applied Digital Corporation (NASDAQ:APLD) Stocks Pounded By 29% But Not Lagging Industry On Growth Or Pricing

Aug 02
Applied Digital Corporation (NASDAQ:APLD) Stocks Pounded By 29% But Not Lagging Industry On Growth Or Pricing

Applied Digital: An Alternative Way To Invest In AI Infrastructure

Jul 09

Applied Digital Corporation (NASDAQ:APLD) Stocks Shoot Up 25% But Its P/S Still Looks Reasonable

Jun 12
Applied Digital Corporation (NASDAQ:APLD) Stocks Shoot Up 25% But Its P/S Still Looks Reasonable

Applied Digital Corporation's (NASDAQ:APLD) Stock Retreats 32% But Revenues Haven't Escaped The Attention Of Investors

Apr 25
Applied Digital Corporation's (NASDAQ:APLD) Stock Retreats 32% But Revenues Haven't Escaped The Attention Of Investors

Time To Worry? Analysts Just Downgraded Their Applied Digital Corporation (NASDAQ:APLD) Outlook

Apr 16
Time To Worry? Analysts Just Downgraded Their Applied Digital Corporation (NASDAQ:APLD) Outlook

Applied Digital Corporation (NASDAQ:APLD) Just Reported And Analysts Have Been Cutting Their Estimates

Apr 14
Applied Digital Corporation (NASDAQ:APLD) Just Reported And Analysts Have Been Cutting Their Estimates

Applied Digital: A Growing List Of Challenges

Apr 12

These Analysts Just Made An Downgrade To Their Applied Digital Corporation (NASDAQ:APLD) EPS Forecasts

Jan 21
These Analysts Just Made An Downgrade To Their Applied Digital Corporation (NASDAQ:APLD) EPS Forecasts

Earnings Miss: Applied Digital Corporation Missed EPS And Analysts Are Revising Their Forecasts

Jan 19
Earnings Miss: Applied Digital Corporation Missed EPS And Analysts Are Revising Their Forecasts

Does Applied Digital (NASDAQ:APLD) Have A Healthy Balance Sheet?

Jun 12
Does Applied Digital (NASDAQ:APLD) Have A Healthy Balance Sheet?

CEO Compensation Analysis

How has Wes Cummins's remuneration changed compared to Applied Digital's earnings?
DateTotal CompensationSalaryCompany Earnings
Aug 31 2024n/an/a

-US$142m

May 31 2024US$1mUS$600k

-US$149m

Feb 29 2024n/an/a

-US$91m

Nov 30 2023n/an/a

-US$35m

Aug 31 2023n/an/a

-US$52m

May 31 2023US$6mUS$313k

-US$45m

Feb 28 2023n/an/a

-US$43m

Nov 30 2022n/an/a

-US$38m

Aug 31 2022n/an/a

-US$13m

May 31 2022US$5mUS$279k

-US$22m

Feb 28 2022n/an/a

-US$18m

Nov 30 2021n/an/a

-US$16m

Aug 31 2021n/an/a

-US$15m

May 31 2021US$208kUS$52k

-US$568k

Compensation vs Market: Wes's total compensation ($USD1.24M) is below average for companies of similar size in the US market ($USD5.51M).

Compensation vs Earnings: Wes's compensation has been consistent with company performance over the past year.

CEO

Wes Cummins (46 yo)

3.8yrs

Tenure

US$1,237,002

Compensation

Mr. Wesley Theta Carl Cummins, also known as Wes, serves as Chairman, CEO, Secretary & Treasurer of Applied Digital Corporation since March 2021 and its Director since March 11, 2021 and also serves as its...

Leadership Team

NamePositionTenureCompensationOwnership
Wesley Cummins
Chairman3.8yrsUS$1.24m1.83%
$ 31.2m
Michael Maniscalco
Chief Technology Officer3.3yrsUS$1.78m0.061%
$ 1.0m
David Rench
Chief Administrative Officerless than a yearUS$987.00k0.18%
$ 3.1m
Mohammad Saidal Mohmand
Chief Financial Officerless than a yearno data0.071%
$ 1.2m
Chris Jackson
Senior Vice President of Operationsless than a yearno datano data
Nick Phillips
Executive Vice President of Public Affairs & Real Estate Acquisitions3.9yrsno datano data
Erin Kraxberger
Chief Marketing Officerno datano datano data
LaTascha Durden
Director of Human Resourcesno datano datano data
Roland Davidson
Executive Vice President of Engineering3.1yrsno datano data
Brad Barton
Executive Vice President of Real Estate Development1.4yrsno datano data
Todd Gale
Chief Development Officerless than a yearno datano data
Tom Burke
Chief Revenue Officerless than a yearno datano data

1.0yrs

Average Tenure

45yo

Average Age

Experienced Management: APLD's management team is not considered experienced ( 1 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Wesley Cummins
Chairman3.8yrsUS$1.24m1.83%
$ 31.2m
Douglas Miller
Lead Independent Director3.7yrsUS$406.23k0.099%
$ 1.7m
Richard Nottenburg
Independent Director3.5yrsUS$1.43m0.16%
$ 2.7m
Charles Hastings
Independent Director3.7yrsUS$370.82k0.29%
$ 4.9m
Rachel Lee
Independent Directorless than a yearUS$359.58k0.037%
$ 637.3k
Ella Benson
Independent Directorless than a yearUS$336.43k0.048%
$ 816.3k

3.6yrs

Average Tenure

46yo

Average Age

Experienced Board: APLD's board of directors are considered experienced (3.6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 23:25
End of Day Share Price 2024/12/20 00:00
Earnings2024/08/31
Annual Earnings2024/05/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Applied Digital Corporation is covered by 9 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Lucas PipesB. Riley Securities, Inc.
Caydee BlankenshipCFRA Equity Research
George SuttonCraig-Hallum Capital Group LLC