Financial Services - Financial - Capital Markets - NASDAQ - AU
$ 10.67
3.29 %
$ 2 B
Market Cap
-36.79
P/E
Iris Energy Limited owns and operates bitcoin mining data centers. It also provides high performance computing solutions, including Al cloud services. The company was incorporated in 2018 and is headquartered in Sydney, Australia.[ Read More ]
The intrinsic value of one IREN stock under the base case scenario is HIDDEN Compared to the current market price of 10.7 USD, Iris Energy Limited is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart IREN
FINANCIALS
189 M
REVENUE
-26.3 M
OPERATING INCOME
-29 M
NET INCOME
52.7 M
OPERATING CASH FLOW
-498 M
INVESTING CASH FLOW
782 M
FINANCING CASH FLOW
56.8 M
REVENUE
-22.7 M
OPERATING INCOME
-27.1 M
NET INCOME
5 M
OPERATING CASH FLOW
-310 M
INVESTING CASH FLOW
451 M
FINANCING CASH FLOW
Balance Sheet Decomposition
Iris Energy Limited
| Current Assets | 452 M |
| Cash & Short-Term Investments | 411 M |
| Receivables | 29.4 M |
| Other Current Assets | 11.9 M |
| Non-Current Assets | 701 M |
| Long-Term Investments | 0 |
| PP&E | 443 M |
| Other Non-Current Assets | 258 M |
| Current Liabilities | 51 M |
| Accounts Payable | 27.3 M |
| Short-Term Debt | 214 K |
| Other Current Liabilities | 23.4 M |
| Non-Current Liabilities | 4.68 M |
| Long-Term Debt | 1.44 M |
| Other Non-Current Liabilities | 3.24 M |
EFFICIENCY
Earnings Waterfall
Iris Energy Limited
| Revenue | 189 M |
| Cost Of Revenue | 22.2 M |
| Gross Profit | 167 M |
| Operating Expenses | 193 M |
| Operating Income | -26.3 M |
| Other Expenses | 2.62 M |
| Net Income | -29 M |
RATIOS
88.24%
GROSS MARGIN
-13.95%
OPERATING MARGIN
-15.34%
NET MARGIN
-2.64%
ROE
-2.51%
ROA
-2.72%
ROIC
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Iris Energy Limited
| Net Income | -29 M |
| Depreciation & Amortization | 50.6 M |
| Capital Expenditures | -480 M |
| Stock-Based Compensation | 23.6 M |
| Change in Working Capital | 11.7 M |
| Others | 10.1 M |
| Free Cash Flow | -427 M |
Wall Street Analysts Price Targets
Iris Energy Limited
Wall Street analysts predict an average 1-year price target for IREN of $15.4 , with forecasts ranging from a low of $12 to a high of $23 .
IREN Lowest Price Target
Wall Street Target
12 USD
12.46%
IREN Average Price Target
Wall Street Target
15.4 USD
44.68%
IREN Highest Price Target
Wall Street Target
23 USD
115.56%
4. DIVIDEND ANALYSIS
0.00%
DIVIDEND YIELD
0 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Iris Energy Limited
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|
7. News
ROSEN, A TOP-RANKED LAW FIRM, Encourages Iris Energy Limited Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – IREN
NEW YORK, Nov. 16, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Iris Energy Limited (NASDAQ: IREN) between June 20, 2023 and July 11, 2024, both dates inclusive (the “Class Period”), of the important December 6, 2024 lead plaintiff deadline.
globenewswire.com
- 18 hours ago
Iris Energy Limited Is Being Sued For Violating Securities Regulations And Impacted Investors Are Urged To Contact The Schall Law Firm
LOS ANGELES, CA / ACCESSWIRE / November 16, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Iris Energy Limited ("Iris" or "the Company") (NASDAQ:IREN) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between June 20, 2023 and July 11, 2024, inclusive (the "Class Period"), are encouraged to contact the firm before December 6, 2024.
accesswire.com
- 22 hours ago
SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Iris Energy Limited - IREN
NEW YORK, NY / ACCESSWIRE / November 16, 2024 / Pomerantz LLP announces that a class action lawsuit has been filed against Iris Energy Limited ("Iris Energy" or the "Company") (NASDAQ:IREN). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext.
accesswire.com
- 22 hours ago
IREN Investors Have Opportunity to Lead Iris Energy Limited Securities Fraud Lawsuit
LOS ANGELES , Nov. 15, 2024 /PRNewswire/ -- Glancy Prongay & Murray LLP ("GPM") announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Iris Energy Limited ("Iris Energy" or the "Company") (NASDAQ: IREN). Class Period: June 20, 2023 – July 11, 2024 Lead Plaintiff Deadline: December 6, 2024 If you wish to serve as lead plaintiff of the Iris Energy lawsuit, you can submit your contact information at www.glancylaw.com/cases/iris-energy-limited-2/.
prnewswire.com
- 1 day ago
Investors in Iris Energy Limited Should Contact Levi & Korsinsky Before December 6, 2024 to Discuss Your Rights - IREN
NEW YORK, NY / ACCESSWIRE / November 15, 2024 / If you suffered a loss on your Iris Energy Limited (NASDAQ:IREN) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/iris-energy-lawsuit-submission-form?prid=112150&wire=1 or contact Joseph E. Levi, Esq.
accesswire.com
- 1 day ago
SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Iris Energy Limited - IREN
NEW YORK, NY / ACCESSWIRE / November 15, 2024 / Pomerantz LLP announces that a class action lawsuit has been filed against Iris Energy Limited ("Iris Energy" or the "Company") (NASDAQ:IREN). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext.
accesswire.com
- 1 day ago
Investors Who Lost Money on Iris Energy Limited (IREN) Should Contact Levi & Korsinsky About Pending Class Action - IREN
NEW YORK, NY / ACCESSWIRE / November 15, 2024 / If you suffered a loss on your Iris Energy Limited (NASDAQ:IREN) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/iris-energy-lawsuit-submission-form?prid=112131&wire=1 or contact Joseph E. Levi, Esq.
accesswire.com
- 1 day ago
The Schall Law Firm Invites Shareholders With Losses To Join A Securities Fraud Case Against Iris Energy Limited
LOS ANGELES, CA / ACCESSWIRE / November 15, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Iris Energy Limited ("Iris" or "the Company") (NASDAQ:IREN) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between June 20, 2023 and July 11, 2024, inclusive (the "Class Period"), are encouraged to contact the firm before December 6, 2024.
accesswire.com
- 1 day ago
Contact Levi & Korsinsky by December 6, 2024 Deadline to Join Class Action Against Iris Energy Limited (IREN)
NEW YORK, NY / ACCESSWIRE / November 15, 2024 / If you suffered a loss on your Iris Energy Limited (NASDAQ:IREN) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/iris-energy-lawsuit-submission-form?prid=112058&wire=1 or contact Joseph E. Levi, Esq.
accesswire.com
- 2 days ago
IREN SHAREHOLDER ALERT: Bronstein, Gewirtz and Grossman, LLC Announces that Iris Energy Limited Shareholders Have Opportunity to Lead Class Action Lawsuit!
NEW YORK CITY, NY / ACCESSWIRE / November 15, 2024 / Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Iris Energy Limited ("Iris Energy" or "the Company") (NASDAQ:IREN) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Iris Energy securities between June 20, 2023, and July 11, 2024, inclusive (the "Class Period").
accesswire.com
- 2 days ago
Levi & Korsinsky Notifies Shareholders of Iris Energy Limited(IREN) of a Class Action Lawsuit and an Upcoming Deadline
NEW YORK , Nov. 15, 2024 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Iris Energy Limited ("Iris Energy" or the "Company") (NASDAQ: IREN) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Iris Energy investors who were adversely affected by alleged securities fraud between June 23, 2023 and July 11, 2024.
prnewswire.com
- 2 days ago
Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of December 6, 2024 in Iris Energy Lawsuit – IREN
NEW YORK, NY / ACCESSWIRE / November 14, 2024 / If you suffered a loss on your Iris Energy Limited (NASDAQ:IREN) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/iris-energy-lawsuit-submission-form?prid=112034&wire=1 or contact Joseph E. Levi, Esq.
accesswire.com
- 2 days ago
8. Profile Summary
Iris Energy Limited IREN
COUNTRY
AU
INDUSTRY
Financial - Capital Markets
MARKET CAP
$ 2 B
Dividend Yield
0.00%
Description
Iris Energy Limited owns and operates bitcoin mining data centers. It also provides high performance computing solutions, including Al cloud services. The company was incorporated in 2018 and is headquartered in Sydney, Australia.
Contact
44 Market Street, Sydney, NSW, 2000
https://iren.com
IPO Date
Nov. 17, 2021
Employees
144
Officers
Mr. Daniel Roberts
Co-Founder, Co-Chief Executive Officer & Director
Mr. Denis Skrinnikoff
Chief Technology Officer
Mr. David Shaw
Chief Operating Officer
Lincoln Tan
Director of Investor Relations
Heather Miller
Vice President of People, Culture & Community
Ms. Belinda Nucifora
Chief Financial Officer
Kent Draper
Chief Commercial Officer
Ms. Cesilia Kim
Chief Legal Officer & Secretary
Mr. William Roberts
Co-Founder, Co-Chief Executive Officer & Director