Applied Digital Corp. Income Statement

Income Statement May2021 May2022 May2023 May2024 May2025
Revenue & cost
Revenue -0.24M8.55M55.39M136.62M144.19M
Cost of Revenue 9.51M44.39M106.65M101.45M
Gross Profit -0.96M11.00M29.96M42.74M
Operating items
Depreciation & Amortization - Total 0.00M1.00M
Selling, General & Administrative 0.33M19.94M53.91M45.02M83.06M
Other Operating Expenses -0.00M-1.00M44.39M-15.42M24.62M
Operating Expenses 0.33M19.94M98.30M169.47M161.04M
Operating Income -0.33M-20.90M-42.91M-32.85M-16.84M
EBIT -0.33M-20.90M-42.91M-32.85M-16.84M
Non-operating items
Other Non Operating Income -1.34M-0.09M-2.51M-1.18M
Non Operating Income -0.24M-1.05M-2.07M
Net income details
EBT -0.57M-21.95M-45.01M-74.28M-158.23M
Tax Provisions 0.54M-0.52M0.10M0.10M
Profit After Tax -0.57M-23.53M-45.61M-149.67M-231.06M
Income from Non-Controlling Interests -0.01M-0.96M-0.40M
Income from Continuing Operations -0.57M-22.49M-44.49M-74.38M-158.34M
Consolidated Net Income -0.57M-1.04M-1.12M-75.30M-72.73M
Income towards Parent Company -0.57M-1.04M-1.12M-75.30M-72.73M
Preferred Dividend Payments 2.62M
Net Income towards Common Stockholders -0.57M-1.04M-44.65M-149.27M-233.68M
Additional items
EPS (Basic) -0.38-0.41-0.47-1.31-1.16
EPS (Weighted Average and Diluted) -0.38-0.41-0.47-1.31-1.16
Shares Outstanding (Weighted Average) 53.40M99.20M94.90M122.74M224.72M
Shares Outstanding (Diluted Average) 1.51M57.12M93.98M114.06M201.19M
Interest Expenses 0.24M0.11M2.01M17.71M14.74M
Tax Rate 1.16%