Applied Digital Corporation (BIT:1APLD)

Applied Digital Balance Sheet

Financials in millions USD. Fiscal year is June - May.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May 31, 2025	May 31, 2024	May 31, 2023	May 31, 2022	May 31, 2021
Cash & Equivalents	41.55	3.34	29	38.8	11.75
Cash & Short-Term Investments	41.55	3.34	29	38.8	11.75
Cash Growth	1144.44%	-88.49%	-25.26%	230.20%	-
Accounts Receivable	3.04	3.85	0.08	0.23	-
Receivables	3.04	3.85	0.08	0.23	-
Prepaid Expenses	9.43	1.01	2.01	1.34	0.01
Restricted Cash	72.37	21.35	14.58	-	-
Other Current Assets	304.2	374.6	-	-	-
Total Current Assets	430.59	404.14	45.67	40.36	11.76
Property, Plant & Equipment	1,295	339.37	213.74	70.67	0.02
Other Long-Term Assets	144.88	19.35	4.55	8.95	3.28
Total Assets	1,870	762.87	263.96	119.98	15.05
Accounts Payable	247.53	104.53	6.45	13.26	0.25
Accrued Expenses	29.55	24.7	9.96	-	-
Short-Term Debt	-	-	-	-	2.14
Current Portion of Long-Term Debt	10.33	45.92	7.95	1.33	-
Current Portion of Leases	14.33	5.89	6.04	1	-
Current Unearned Revenue	-	8.19	48.69	3.88	-
Other Current Liabilities	256.41	364.89	36.37	9.52	0.12
Total Current Liabilities	558.14	554.11	115.46	29	2.5
Long-Term Debt	677.83	79.47	68.48	5.9	-
Long-Term Leases	0.4	4.45	9.34	5.31	-
Long-Term Deferred Tax Liabilities	-	-	-	0.54	-
Other Long-Term Liabilities	-	-	1	-	-
Total Liabilities	1,236	638.04	194.28	40.75	2.5
Common Stock	0.23	0.14	0.1	0.1	0
Additional Paid-In Capital	1,010	374.74	160.19	128.29	13.88
Retained Earnings	-481.06	-249.99	-100.72	-56.07	-21.62
Treasury Stock	-31.4	-0.06	-0.06	-0.06	-0.06
Total Common Equity	497.69	124.83	59.52	72.26	-7.8
Minority Interest	-	-	10.16	6.98	-
Shareholders' Equity	633.73	124.83	69.68	79.24	12.55
Total Liabilities & Equity	1,870	762.87	263.96	119.98	15.05
Total Debt	702.88	135.73	91.81	13.54	2.14
Net Cash (Debt)	-661.33	-132.39	-62.81	25.25	9.62
Net Cash Growth	-	-	-	162.65%	-
Net Cash Per Share	-3.29	-1.16	-0.67	0.44	6.36
Filing Date Shares Outstanding	261.52	157.44	103.95	97.8	54.76
Total Common Shares Outstanding	224.91	139.05	95.93	97.8	1.51
Working Capital	-127.55	-149.97	-69.79	11.36	9.26
Book Value Per Share	2.21	0.90	0.62	0.74	-5.16
Tangible Book Value	497.69	124.83	59.52	72.26	-7.8
Tangible Book Value Per Share	2.21	0.90	0.62	0.74	-5.16
Land	20.05	6.21	2.15	1.07	-
Buildings	109.67	103.99	63.35	30.18	-
Machinery	44.98	43.88	27.51	14.53	0.02
Construction In Progress	1,123	186.87	108.78	18.31	-
Leasehold Improvements	0.44	0.44	-	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.