The company reiterates its revenue guidance for 2027 to be between $300 million and $350 million, with the EBITDA after consolidated adjustments ranging from $60 million to $80 million.
Las Vegas, October 5th / PRNewswire / -- Hyperscale Data, Inc. ( NYSE American : GPUS ) Today, we announce that we will hold an Investor Day ( Investor Day ) online from 1:15 PM to 3:30 PM Pacific Time on November 12, 2026, to discuss the status of the Michigan AI data center campus ( Michigan Campus ), our other portfolio businesses, as well as strategic alternatives aimed at enhancing shareholder value. Details regarding participation in Investor Day will be announced later.
During Investor Day, management will update on the progress and expansion of the Michigan campus, as well as the main service agreement (MSA) signed with a supplier headquartered in California (hereinafter referred to as "Customer"). The company previously disclosed that this MSA intends to deploy an initial 20 megawatts (MW) of critical AI computing power; if the Customer exercises all extension options as well as the right to additional 32MW of critical AI computing power, the total contract revenue over a 20-year period, based on a potential deployment of 52MW, could exceed $3 billion.
The company previously stated that it believes the Michigan campus could ultimately support a total power capacity of over 300MW. In addition to the initial 20MW covered by MSA, any further capacity development would depend on financing, regulatory approval, engineering, public utility agreements, infrastructure availability, customer demand, and other conditions. There is no guarantee that more capacity will be developed, financed, contracted, or put into operation.
In addition, management expects to review the company's portfolio across various sectors, including defense; energy and infrastructure; hotel operations and commercial real estate holdings; technology and finance; as well as commercial lending, trading, and aggressive investments. The company will also discuss projects that are currently in progress, including the AI software platform of its subsidiaries askROI and Inc, as well as the blockchain and digital technology projects of another subsidiary Ault Markets and Inc.
Management is expected to also discuss the company's evaluation of strategic alternatives, including the possible sale of the Michigan campus, facilitating the listing of its wholly-owned subsidiaries Sentinum and Inc through a initial public offering (IPO), or continuing to hold and develop the Michigan campus. The discussions will also cover options related to askROI, including potential sales, strategic partnerships, or divestitures, as well as the possibility of merging askROI with broader technology businesses. The transactions under consideration may include equity compensation, which would allow Hyperscale Data to retain ownership interests in the merged business and share in its potential upside.
Executive Chairman Milton said, “Todd Ault III means: We are focused on delivering the capacity that has been contracted for the Michigan campus and transforming this investment into cash flow. On Investor Day, we will also update our strategic alternatives for the Michigan campus and other portfolio businesses that we are evaluating. Our goal is to place these businesses in structures that will facilitate their development and make their value more easily identifiable to shareholders.”
The company reiterates its preliminary consolidated financial guidance for the year ending December 31, 2027: revenue of $300 million to $350 million, with an adjusted EBITDA of $60 million to $80 million. This guidance is based on known and reasonably calculated forecasts, including the management's current business plan, expected customer deployments, anticipated financing activities, expected digital asset projects, and the expected performance of the company's portfolio business, reflecting the management's current projections.
The company stated that it is unable to provide a quantitative adjustment regarding its estimated adjusted EBITDA compared to the most direct comparable indicator calculated using GAAP – which in this case is net profit or net loss – as certain components required for calculating net profit or net loss cannot be reasonably estimated without undue effort at present. These components include future interest expenses, income tax, depreciation and amortization, equity incentives, impairment charges, merger and acquisition-related expenses, and changes in the fair value of financial instruments. The aforementioned items are likely to have a significant impact on the company's future GAAP performance.
For any strategic alternatives that are currently under evaluation, the company has not made a final decision yet. Any discussions or considerations are still in the preliminary stages, and there is no guarantee that an agreement can be reached on any final terms or that a transaction will be facilitated. Any transaction will depend on further negotiations, due diligence, signing of a final agreement, and obtaining the necessary company and regulatory approvals, including approval from the company's board of directors where applicable. There is no guarantee that an agreement can be reached; even if an agreement is reached, there is no guarantee that the transaction will ultimately be completed. Nor can the timeline for the transaction be guaranteed.
For more information about Hyperscale Data and its subsidiaries, the company recommends that shareholders, investors, and other interested parties read the public documents and press releases published under the Investor Relations section, which can be found at hyperscaledata.com, or visit www.sec.gov.
Regarding Hyperscale Data, Inc.
Through Sentinum, Hyperscale Data owns and operates a data center that provides hosting and infrastructure services for the emerging AI ecosystem as well as other industries. Another wholly-owned subsidiary of the company is Ault Capital Group. Inc ( ACG ) is a mixed-type private equity and operations firm that acquires, finances, builds, and actively manages businesses across various sectors including financial services, digital assets, industrial services, hospitality, defense technology, and more.
Hyperscale Data It is currently anticipated that the separation (Divestiture) of ACG will occur in 2027. Upon completion of the separation, the company will become the owner and operator of a high-performance computing service data center, while also holding digital assets as well as the company's third wholly-owned subsidiaries, Omnipresent Robotics and LLC. Until the separation takes place, the company will continue to provide key products that support a wide range of industries through ACG and its wholly-owned and controlling subsidiaries, as well as strategic investments. These products include the AI software platform, equipment leasing services, defense/aerospace, industry, automotive, and hotel operations. In addition, ACG is actively engaged in private lending and structured financing business through its licensed lending subsidiaries, Ault Lending and LLC. The headquarters of Hyperscale Data is located at 11411 Southern Highlands Parkway, with Suite at 190, and Las Vegas at 89141.
On December 23, 2024, the company issued 1 million newly designated Series F exchangeable preferred stocks (Series F Preferred Stock) to all common stockholders and holders of Series C preferred stocks (on a converted basis). The spin-off will be accomplished through the voluntary exchange of Series F preferred stocks for Class A and Class B common stocks of ACG (collectively referred to as "ACG shares"). The company reminds shareholders that only those who agree to surrender such shares and have not appropriately withdrawn their surrender in the exchange offer corresponding to the spin-off are eligible to receive ACG shares and will become shareholders of ACG after the spin-off takes place.
Forward-looking Statements
This press release contains “forward-looking statements” as defined by Section 27A of the Securities Act of 1933 (as amended) and Section 21E of the Securities Exchange Act of 1934 (as amended). Such forward-looking statements typically include statements that are predictive in nature, depend on or involve future events or conditions, and contain words such as “believes,” “plans,” “expects,” “predicts,” “estimates,” “anticipates,” “intends,” “strategy,” “future,” “opportunity,” “possible,” “will,” “should,” “can,” “potential,” and similar phrases. Statements that are not historical facts are considered forward-looking statements. Forward-looking statements are based on current beliefs and assumptions, but these beliefs and assumptions carry risks and uncertainties.
Forward-looking statements are only valid as of the date they are made; the company has no obligation to publicly update any such statements due to new information or future events. Due to various factors, actual results may differ significantly from those contained in any forward-looking statements. Additional information that may affect the company's business and financial results, including potential risk factors, is included in the documents submitted by the company to the U.S. Securities and Exchange Commission (SEC), including but not limited to the company's 10-K, 10-Q, and 8-K forms. All documents can be viewed at www.sec.gov and on the company's website hyperscaledata.com.
