Applied Digital
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Applied Digital's past years’ income statements indicate that its last revenue has increased compared to the previous period by 199% to $165,575,000. Profit margin reached -90%. Total operating expenses were $116,258,000.
Profit Margin
| 2020 | 0 | -263K | |
|---|---|---|---|
| 2021 | 0 | -804K | |
| 2022 | 8.54M | -22.48M | -263.02% |
| 2023 | 55.39M | -45.60M | -82.33% |
| 2024 | 165.57M | -149.27M | -90.15% |
APLD Income Statement (2020 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
Revenue | |||||
Revenue | 165.57M | 55.39M | 8.54M | 0 | 0 |
Cost of revenue | 148.34M | 44.38M | 9.50M | 1K | 0 |
Gross profit | 17.23M | 11.00M | -957K | -1K | 0 |
Operating exp. | |||||
Research and development | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 116.25M | 55.05M | 19.94M | 332K | -263K |
Operating income | -99.02M | -44.05M | -20.89M | -332K | -263K |
Other income (expenses), net | -50.55M | -2.07M | -1.04M | -236K | -263K |
Income before tax | -149.57M | -46.12M | -21.94M | -568K | -263K |
Income tax expense | 96K | -523K | 540K | 236K | -469.29K |
Net income | -149.27M | -45.60M | -22.48M | -804K | -263K |
Earnings per share | |||||
Basic EPS | -1.31 | -0.49 | -0.39 | -0.53 | -0.17 |
Diluted EPS | -1.31 | -0.49 | -0.39 | -0.53 | -0.17 |
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