Applied Digital Corporation (BIT:1APLD)

Applied Digital Balance Sheet

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 31, 2025	May 31, 2025	May 31, 2024	May 31, 2023	May 31, 2022	May 31, 2021
Cash & Equivalents	73.91	41.55	3.34	29	38.8	11.75
Cash & Short-Term Investments	73.91	41.55	3.34	29	38.8	11.75
Cash Growth	26.96%	1144.44%	-88.49%	-25.26%	230.20%	-
Accounts Receivable	29.13	3.04	3.85	0.08	0.23	-
Receivables	29.13	3.04	3.85	0.08	0.23	-
Prepaid Expenses	2.77	9.43	1.01	2.01	1.34	0.01
Restricted Cash	40.19	72.37	21.35	14.58	-	-
Other Current Assets	495.73	304.2	374.6	-	-	-
Total Current Assets	641.74	430.59	404.14	45.67	40.36	11.76
Property, Plant & Equipment	1,479	1,295	339.37	213.74	70.67	0.02
Long-Term Investments	6.07	-	-	-	-	-
Other Long-Term Assets	234.82	144.88	19.35	4.55	8.95	3.28
Total Assets	2,399	1,870	762.87	263.96	119.98	15.05
Accounts Payable	172.82	247.53	104.53	6.45	13.26	0.25
Accrued Expenses	182.95	29.55	24.7	9.96	-	-
Short-Term Debt	-	-	-	-	-	2.14
Current Portion of Long-Term Debt	382.06	10.33	45.92	7.95	1.33	-
Current Portion of Leases	12.64	14.33	5.89	6.04	1	-
Current Unearned Revenue	0.63	-	8.19	48.69	3.88	-
Other Current Liabilities	234.4	256.41	364.89	36.37	9.52	0.12
Total Current Liabilities	985.49	558.14	554.11	115.46	29	2.5
Long-Term Debt	305.28	677.83	79.47	68.48	5.9	-
Long-Term Leases	0.23	0.4	4.45	9.34	5.31	-
Long-Term Deferred Tax Liabilities	-	-	-	-	0.54	-
Other Long-Term Liabilities	-	-	-	1	-	-
Total Liabilities	1,291	1,236	638.04	194.28	40.75	2.5
Common Stock	0.27	0.23	0.14	0.1	0.1	0
Additional Paid-In Capital	1,573	1,010	374.74	160.19	128.29	13.88
Retained Earnings	-497.98	-481.06	-249.99	-100.72	-56.07	-21.62
Treasury Stock	-31.4	-31.4	-0.06	-0.06	-0.06	-0.06
Total Common Equity	1,044	497.69	124.83	59.52	72.26	-7.8
Minority Interest	-	-	-	10.16	6.98	-
Shareholders' Equity	1,108	633.73	124.83	69.68	79.24	12.55
Total Liabilities & Equity	2,399	1,870	762.87	263.96	119.98	15.05
Total Debt	700.21	702.88	135.73	91.81	13.54	2.14
Net Cash (Debt)	-626.3	-661.33	-132.39	-62.81	25.25	9.62
Net Cash Growth	-	-	-	-	162.65%	-
Net Cash Per Share	-2.75	-3.29	-1.16	-0.67	0.44	6.36
Filing Date Shares Outstanding	279.69	261.52	157.44	103.95	97.8	54.76
Total Common Shares Outstanding	269.29	224.91	139.05	95.93	97.8	1.51
Working Capital	-343.76	-127.55	-149.97	-69.79	11.36	9.26
Book Value Per Share	3.88	2.21	0.90	0.62	0.74	-5.16
Tangible Book Value	1,044	497.69	124.83	59.52	72.26	-7.8
Tangible Book Value Per Share	3.88	2.21	0.90	0.62	0.74	-5.16
Land	20.05	20.05	6.21	2.15	1.07	-
Buildings	109.75	109.67	103.99	63.35	30.18	-
Machinery	46.95	44.98	43.88	27.51	14.53	0.02
Construction In Progress	1,310	1,123	186.87	108.78	18.31	-
Leasehold Improvements	0.44	0.44	0.44	-	-	-

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