Applied Digital Past Earnings Performance
Past criteria checks 0/6
Applied Digital's earnings have been declining at an average annual rate of -65.4%, while the IT industry saw earnings growing at 10% annually. Revenues have been growing at an average rate of 122.4% per year.
Key information
-65.4%
Earnings growth rate
-6.7%
EPS growth rate
| IT Industry Growth | 22.4% |
| Revenue growth rate | 122.4% |
| Return on equity | -77.7% |
| Net Margin | -63.4% |
| Last Earnings Update | 29 Feb 2024 |
Recent past performance updates
Recent updates
Applied Digital Corporation's (NASDAQ:APLD) Stock Retreats 32% But Revenues Haven't Escaped The Attention Of Investors
Apr 25
Time To Worry? Analysts Just Downgraded Their Applied Digital Corporation (NASDAQ:APLD) Outlook
Apr 16Applied Digital Corporation (NASDAQ:APLD) Just Reported And Analysts Have Been Cutting Their Estimates
Apr 14Applied Digital: A Growing List Of Challenges
Apr 12These Analysts Just Made An Downgrade To Their Applied Digital Corporation (NASDAQ:APLD) EPS Forecasts
Jan 21Earnings Miss: Applied Digital Corporation Missed EPS And Analysts Are Revising Their Forecasts
Jan 19Does Applied Digital (NASDAQ:APLD) Have A Healthy Balance Sheet?
Jun 12Would Applied Digital (NASDAQ:APLD) Be Better Off With Less Debt?
Feb 25Is Applied Blockchain (NASDAQ:APLD) Using Too Much Debt?
Nov 17Applied Blockchain GAAP EPS of -$0.05 misses by $0.01, revenue of $6.92M beats by $0.28M
Oct 11Applied Blockchain files for registration of ~48.3M shares
Sep 19Applied Blockchain: Catalysts And Improving Valuation
Sep 08Applied Blockchain proposes name change to Applied Digital
Aug 25Applied Blockchain expects higher FQ4 projected revenue
Jul 18Applied Blockchain: Intriguing Model But Overvalued
Jun 16Revenue & Expenses BreakdownBeta
How Applied Digital makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 29 Feb 24 | 144 | -91 | 75 | 0 |
| 30 Nov 23 | 115 | -35 | 59 | 0 |
| 31 Aug 23 | 85 | -52 | 65 | 0 |
| 31 May 23 | 55 | -45 | 53 | 0 |
| 28 Feb 23 | 41 | -43 | 45 | 0 |
| 30 Nov 22 | 28 | -38 | 36 | 0 |
| 31 Aug 22 | 15 | -13 | 10 | 0 |
| 31 May 22 | 9 | -22 | 19 | 0 |
| 28 Feb 22 | 1 | -18 | 15 | 0 |
| 30 Nov 21 | 0 | -16 | 15 | 0 |
| 31 Aug 21 | 0 | -15 | 13 | 0 |
| 31 May 21 | 0 | -1 | 0 | 0 |
Quality Earnings: APLD is currently unprofitable.
Growing Profit Margin: APLD is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: APLD is unprofitable, and losses have increased over the past 5 years at a rate of 65.4% per year.
Accelerating Growth: Unable to compare APLD's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: APLD is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (-0.2%).
Return on Equity
High ROE: APLD has a negative Return on Equity (-77.71%), as it is currently unprofitable.