Financial Services -
Financial - Capital Markets - NASDAQ - AU
$ 11.99
4.72 %
$ 2.35 B
Market Cap
-24.98
P/E
1. INTRINSIC VALUE
Balance Sheet
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
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
0.08%
IREN Average Price Target
Wall Street Target
15.4 USD
28.75%
IREN Highest Price Target
Wall Street Target
23 USD
91.83%
4. DIVIDEND
ANALYSIS
IREN does not distribute dividends.
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
IREN December 2024 Monthly Update
SYDNEY, Jan. 07, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (together with its subsidiaries, “IREN” or “the Company”), today published its monthly update for December 2024.
globenewswire.com
- 1 week ago
IREN Achieves 31 EH/s Year-End Target
SYDNEY, Dec. 23, 2024 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (together with its subsidiaries, “IREN” or “the Company”) today announced it has reached its year-end target of 31 EH/s installed self-mining capacity, surpassing its original goal of 20 EH/s. Daniel Roberts, Co-Founder and Co-CEO of IREN, commented: “We're proud to achieve 31 EH/s ahead of schedule, far exceeding the initial year-end target.
globenewswire.com
- 3 weeks ago
SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Iris Energy Limited - IREN
NEW YORK, NY / ACCESSWIRE / December 7, 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 month ago
Levi & Korsinsky Notifies Iris Energy Limited Investors of a Class Action Lawsuit and Upcoming Deadline - IREN
NEW YORK, NY / ACCESSWIRE / December 6, 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=115239&wire=1 or contact Joseph E. Levi, Esq.
accesswire.com
- 1 month ago
IREN closes $440 million convertible notes offering
SYDNEY, Dec. 06, 2024 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (ACN 629 842 799) (“IREN”) today announced the closing of its offering of $440 million aggregate principal amount of 3.25% convertible senior notes due 2030 (the “notes”) in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”).
globenewswire.com
- 1 month ago
IREN INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Iris Energy Limited Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!
NEW YORK, Dec. 06, 2024 (GLOBE NEWSWIRE) -- Attorney Advertising -- 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.
globenewswire.com
- 1 month ago
Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of December 6, 2024 in Iris Energy Lawsuit - IREN
NEW YORK, NY / ACCESSWIRE / December 6, 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=115224&wire=1 or contact Joseph E. Levi, Esq.
accesswire.com
- 1 month ago
IREN Deadline: IREN Investors with Losses in Excess of $100K Have Opportunity to Lead Iris Energy Limited Securities Fraud Lawsuit Filed by The Rosen Law Firm
NEW YORK , Dec. 6, 2024 /PRNewswire/ -- 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 in the securities class action first filed by the Firm. So what: If you purchased Iris Energy securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
prnewswire.com
- 1 month ago
IREN Deadline Today: Rosen Law Firm Encourages Iris Energy Limited Investors with Losses in Excess of $100K to Secure Counsel Before Important December 6 Deadline in Securities Class Action First Filed by the Firm – IREN
NEW YORK--(BUSINESS WIRE)--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 in the securities class action first filed by the Firm. So what: If you purchased Iris Energy securities during the Class Period you may be entitled to compensation without payment of any out of pock.
businesswire.com
- 1 month ago
Iris Energy Limited Class Action: Levi & Korsinsky Reminds Iris Energy Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of December 6, 2024 - IREN
NEW YORK, NY / ACCESSWIRE / December 6, 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=115133&wire=1 or contact Joseph E. Levi, Esq.
accesswire.com
- 1 month ago
FINAL IREN DEADLINE: Bronstein, Gewirtz & Grossman LLC Reminds Iris Energy Limited Investors to Join the Class Action Lawsuit!
NEW YORK CITY, NY / ACCESSWIRE / December 6, 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
- 1 month ago
IREN November 2024 Monthly Investor Update
SYDNEY, Dec. 06, 2024 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (together with its subsidiaries, “IREN” or “the Company”), today published its monthly investor update for November 2024.
globenewswire.com
- 1 month ago
8. Profile
Summary
Iris Energy Limited IREN
COUNTRY
AU
INDUSTRY
Financial - Capital Markets
MARKET CAP
$ 2.35 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. David Shaw
Chief Operating Officer
Mr. Denis Skrinnikoff
Chief Technology Officer
Heather Miller
Vice President of People, Culture & Community
Lincoln Tan
Director of Investor Relations
Ms. Cesilia Kim
Chief Legal Officer & Secretary
Kent Draper
Chief Commercial Officer
Mr. William Roberts
Co-Founder, Co-Chief Executive Officer & Director
Ms. Belinda Nucifora
Chief Financial Officer