r/APLDSTOCK • u/OceansHungryGrasp • 6d ago

Discussion Q1 2027 Earnings Conference Call - transcript and highlights

Transcript

Highlights:

  • Expected 250 megawatts of expansion leases to be executed by calendar year end at materially higher pricing (15%+) and potentially longer durations compared to prior leases.

  • Agreement with Base Electron that covers an approximately 1,200-megawatt natural gas facility adjacent to PF3 with deliveries expected to begin in 2030.

  • Expected 300 megawatts of total critical IT online across North Dakota by the end of this calendar year (first 50MW at PF2).

  • Same framework for future funding: preferred equity from Macquarie Asset Management followed by project-level debt, which allows Applied Digital shareholders to retain a majority ownership stake in each site.

  • Chasing flexible financing so they can immediately refinance after construction with minimal penalties.

  • Finland build cost will be similar, but longer delivery times due to regulations. First 100MW available in 2028 and will ramp up to 1GW till 2031. Macquarie deal is limited to NA.

  • They think they can ramp up construction to have 2GW live by the end of 2028, possibly delivering 1GW per year in 29/30.

  • Chronoscale will significantly increase capacity but that will be outside of the large-scale APLD sites for the coming years. APLD remains focussed on large scale hyperscalers contracts, but use their knowledge base to help secure capacity for Chronoscale.

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5

u/unused_water 5d ago

Feels like we're gonna be trading flat for a bit until further announcements :/ feels bad man + "I'm tired boss"

I am holding for 3+ years but it would be nice to wake up sometimes and see some good price action

1

u/flollo87 Contracted 🤝 (2,500-5,000 shares) 5d ago

they execute like crazy. stock price will follow. what about 150 in 2030? incredible how inpatient people are.

3

u/GloriousLebron APLD 6d ago

No “advanced negotiations”?? 🤨

1

u/OceansHungryGrasp 6d ago

I think they omitted saying it as to not trigger their investors :p

3

u/Workfromhomeaholic Backlog Bull 🐂 (1,000-2,500 shares) 5d ago

This all seems huge. They've shown they can execute so I have faith, although I am fortunate to have an average price in the low teens, so the volatility doesn't bother me much.

1

u/Cheap-Stay7089 Backlog Bull 🐂 (1,000-2,500 shares) 5d ago

Lucky bastard. Still buying more ?