Las Vegas, October 23rd / PRNewswire / -- Hyperscale Data, Inc. (NYSE American: GPUS) is an artificial intelligence (AI) data center company. The company today reiterated its preliminary consolidated financial guidance for December 31, 2027: revenue of $300 million to $350 million, and adjusted EBITDA of $60 million to $80 million.
This outlook reflects management's current expectations for the three main operating platforms: data centers, AI infrastructure and robotics; lending, financial services, and digital assets; as well as portfolio companies operated through the company's hybrid private equity platform. The latter two businesses are held by Ault Capital Group, Inc (referred to as ACG), with ACG being a direct wholly-owned subsidiary of the company.
The company expects that its first phase of AI computing capacity, located in its park in Michigan, will be powered on in December 2026, and it is anticipated that revenue will begin to be generated after this milestone is reached. The company stated that this initial deployment is an important step in its transformation towards a larger scale of AI infrastructure business, and with the advancement of capacity construction and customer deployments, further growth is expected to follow.
Hyperscale Data CEO William B. Horne stated: "As we prepare to begin generating revenue with our AI operations in the Michigan campus, we are seeing encouraging progress across all our businesses. Our operational forecasts support our revised guidance for 2027. We will continue to focus on delivering the contracted capacity, securing the resources needed for development, and completing the milestones that underpin our outlook."
The company previously announced that its preliminary consolidated revenue for the third quarter as of September 30, 2026, was approximately $40 million, representing a growth of about 64% compared to $24.3 million in the third quarter of 2025. The growth mainly came from the crane business, defense, lending and trading, as well as other revenues, which included software that supports blockchain network operations. The defense revenues reflected Gresham Worldwide and Inc, which were incorporated into the financial statements after re-consolidation. The aforementioned growth was offset by a decline in bitcoin mining revenues.
The preliminary revenue data for the third quarter has not yet been audited or reviewed by the company's independent auditors and still requires completion of the financial closing procedures and review at the end of the quarter. The actual results may differ significantly from this estimate, and this estimate does not constitute a complete assessment of the company's financial results for the third quarter.
"We believe that the company's current market valuation does not reflect the progress made in various businesses, nor does it reflect the value of the platform we have built," said Milton, Executive Chairman of Hyperscale Data. "In addition to the Michigan AI data center, we also see significant opportunities in tokenization and broader blockchain and digital asset activities. We are confident that as we implement our operational plan, the growth of these activities will contribute meaningfully to revenue and improve the profitability structure," added Ault III.
The company stated that this preliminary guidance reflects management's current expectations for future business performance, including anticipated customer deployments, financing activities, digital asset plans, and the performance of the portfolio business. Actual results may vary significantly.
After adjustment, EBITDA is a non-GAAP financial indicator. The company stated that it is not possible to quantitatively adjust the estimated adjusted EBITDA to GAAP net profit or loss without making unreasonable efforts, as several necessary components cannot be reasonably estimated at present. These items include future interest expenses, income tax, depreciation and amortization, equity incentives, impairment charges, acquisition-related expenses, and changes in the fair value of financial instruments. The company expects that these items will have a significant impact on future GAAP results.
For more information regarding 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 the website hyperscaledata.com, or visit www.sec.gov.
Regarding Hyperscale Data, Inc.
Through its wholly-owned subsidiaries Sentinum, Inc, and Hyperscale Data, Hyperscale Data owns and operates a data center that provides hosting and server hosting services for the emerging AI ecosystem as well as other industries. The company's another wholly-owned subsidiary, ACG, is a hybrid private equity firm and operating company that acquires, finances, builds, and actively manages enterprises in the fields of financial services, digital assets, industrial services, hospitality, defense technology, and others.
Hyperscale Data Currently, it is anticipated that the divestiture of ACG will occur in 2027. Upon completion of the divestiture, the company will become an enterprise that owns and operates data centers to support high-performance computing services, while also holding digital assets, as well as its third wholly-owned subsidiaries: Omnipresent Robotics and LLC. Before the divestiture is completed, the company will continue to provide mission-critical products that support various industries through ACG and its wholly-owned and majority-owned subsidiaries, as well as strategic investments. These include the AI software platform, equipment leasing services, defense/aerospace, industrial, automotive, and hospitality businesses. In addition, ACG is actively engaged in private lending and structured financing activities through its licensed lending subsidiaries Ault Lending and LLC. Hyperscale Data is headquartered at Room 190, 11411 Southern Highlands Parkway in Las Vegas, Nevada.
On December 23, 2024, the company issued 1 million newly designated Series F exchangeable preferred shares to all common shareholders and holders of Series C preferred shares on a converted basis. The separation of ACG will be achieved by the voluntary exchange of Series F preferred shares for Class A common shares and Class B common shares of ACG (collectively referred to as “ACG shares”). The company reminds shareholders that only those who agree to surrender the aforementioned shares in the separation exchange offer and have not correctly withdrawn their Series F preferred shares are entitled to receive ACG shares and will therefore become shareholders of ACG at the time of the separation.
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 projections, assumptions, or references to future events or conditions, and use words such as “believe,” “plan,” “expect,” “anticipate,” “estimate,” “project,” “intend,” “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 involve risks and uncertainties.
Forward-looking statements are only valid as of the date they are made, and the company assumes no obligation to update such statements publicly 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, including but not limited to the company's 10-K, 10-Q, and 8-K forms. All documents can be found at www.sec.gov and on the company's website at hyperscaledata.com.
