We feel now is a pretty good time to analyse Applied Blockchain, Inc.'s (NASDAQ:APLD) business as it appears the company may be on the cusp of a considerable accomplishment. Applied Blockchain, Inc. designs, develops, and operates datacenters in North America. The US$179m market-cap company’s loss lessened since it announced a US$22m loss in the full financial year, compared to the latest trailing-twelve-month loss of US$13m, as it approaches breakeven. Many investors are wondering about the rate at which Applied Blockchain will turn a profit, with the big question being “when will the company breakeven?” Below we will provide a high-level summary of the industry analysts’ expectations for the company.
Applied Blockchain is bordering on breakeven, according to the 6 American Software analysts. They expect the company to post a final loss in 2023, before turning a profit of US$51m in 2024. The company is therefore projected to breakeven around 2 years from today. How fast will the...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...