Applied Blockchain Inc

Company Profile

Applied Blockchain Inc had its IPO on 2008-10-22 under the ticker symbol APLD.

The company operates in the Financial Services sector and Capital Markets industry. Applied Blockchain Inc has a staff strength of 55 employees.

Stock update

Shares of Applied Blockchain Inc opened at $2.24 at the start of the last trading session i.e. 2023-03-31.

The stocks traded within a range of $2.19 - $2.26, and closed at $2.24.

This is a +2.28% increase from the previous day's closing price.

A total volume of 577,399 shares were traded at the close of the day’s session.

In the last one week, shares of Applied Blockchain Inc have increased by +8.21%.

Applied Blockchain Inc's Key Ratios

Applied Blockchain Inc has a market cap of $225.79 million, indicating a price to book ratio of 2.1936 and a price to sales ratio of 9.8058.

In the last 12-months Applied Blockchain Inc’s revenue was $27.81 million with a gross profit of $-957000 and an EBITDA of $-32751000. The EBITDA ratio measures Applied Blockchain Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Applied Blockchain Inc’s operating margin was -130.47% while its return on assets stood at -20.53% with a return of equity of -64.45%.

In Q3.6666666666667, Applied Blockchain Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 1031.4%.

Applied Blockchain Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-0.38 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Applied Blockchain Inc’s profitability.

Applied Blockchain Inc stock is trading at a EV to sales ratio of 8.9315 and a EV to EBITDA ratio of -14.5287. Its price to sales ratio in the trailing 12-months stood at 9.8058.

Applied Blockchain Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$167.44 million

Total Liabilities

$70.21 million

Operating Cash Flow

$-38632000.00

Capital Expenditure

$38.63 million

Dividend Payout Ratio

0%

Applied Blockchain Inc ended 2023 with $167.44 million in total assets and $0 in total liabilities. Its intangible assets were valued at $167.44 million while shareholder equity stood at $63.51 million.

Applied Blockchain Inc ended 2023 with $0 in deferred long-term liabilities, $70.21 million in other current liabilities, 94000.00 in common stock, $-87218000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $18.07 million and cash and short-term investments were $18.07 million. The company’s total short-term debt was $7,786,000 while long-term debt stood at $16.38 million.

Applied Blockchain Inc’s total current assets stands at $20.75 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $276000.00 compared to accounts payable of $8.60 million and inventory worth $0.

In 2023, Applied Blockchain Inc's operating cash flow was $-38632000.00 while its capital expenditure stood at $38.63 million.

Comparatively, Applied Blockchain Inc paid $0 in dividends in 2023.

Other key metrics

Current Trading Price

$2.24

52-Week High

$27.12

52-Week Low

$0.85

Analyst Target Price

$5.89

Applied Blockchain Inc stock is currently trading at $2.24 per share. It touched a 52-week high of $27.12 and a 52-week low of $27.12. Analysts tracking the stock have a 12-month average target price of $5.89.

Its 50-day moving average was $2.59 and 200-day moving average was $2.06 The short ratio stood at 2.19 indicating a short percent outstanding of 0%.

Around 3790.2% of the company’s stock are held by insiders while 3457.7% are held by institutions.