Iris Energy Ltd

Financial Services US IREN

11.575USD
-0.555(4.58%)

Last update at 2024-12-19T18:56:00Z

Day Range

11.3212.84
LowHigh

52 Week Range

2.799.69
LowHigh

Fundamentals

  • Previous Close 12.13
  • Market Cap1156.55M
  • Volume11108862
  • P/E Ratio-
  • Dividend Yield-%
  • EBITDA16.48M
  • Revenue TTM165.54M
  • Revenue Per Share TTM2.18
  • Gross Profit TTM 57.61M
  • Diluted EPS TTM-0.06

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Type yearly yearly yearly yearly yearly
Date 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Income before tax -169.48100M -417.04600M -59.26549M -2.14200M -
Minority interest - - - - -
Net income -171.87100M -419.77000M -60.50745M -2.13000M -
Selling general administrative 27.09M 33.39M 3.98M 1.68M -
Selling and marketing expenses 0.72M 0.30M - 0.00700M -
Gross profit 57.61M 48.06M 5.18M 0.87M -
Reconciled depreciation 30.86M 7.74M 1.68M 1.14M -
Ebit -48.54000M -1.50300M -2.31337M -1.68900M -0.23550M
Ebitda -17.68400M 6.24M -1.05338M -0.93200M -
Depreciation and amortization 30.86M 7.74M 1.26M 0.76M -
Non operating income net other - - - - -
Operating income -153.85100M -1.50300M -2.31337M -1.68900M -
Other operating expenses 123.95M 54.89M 8.20M 3.75M 0.07M
Interest expense 15.32M 32.19M 14.50M 0.10M 0.00000M
Tax provision 2.39M 2.72M 1.65M 0.00000M -
Interest income 0.92M 0.08M 0.00800M 0.00400M -
Net interest income -15.43900M -34.61900M -21.89700M -0.15100M -
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 2.39M 2.72M 1.24M -0.01200M -
Total revenue 75.51M 59.04M 7.84M 2.17M -
Total operating expenses 106.06M 43.91M 5.54M 2.45M -
Cost of revenue 17.90M 10.98M 2.66M 1.31M -
Total other income expense net -105.59600M -415.54300M -56.95212M -0.45300M -
Discontinued operations - - - - -
Net income from continuing ops -171.87100M -419.77000M -80.53300M -3.16100M -
Net income applicable to common shares -171.87100M -419.77000M -80.53300M -3.16100M -0.22950M
Preferred stock and other adjustments - - - - -
Breakdown 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Type yearly yearly yearly yearly yearly
Date 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Total assets 332.07M 570.46M 134.88M 11.57M -
Intangible assets - - - - -
Earning assets - - - - -
Other current assets 4.00M 26.63M 0.65M 0.28M 0.17M
Total liab 26.71M 133.10M 184.36M 2.75M -
Total stockholder equity 305.36M 437.36M -49.48083M 8.82M -
Deferred long term liab - - - - -
Other current liab 12.27M 11.39M 96.94M 0.04M -
Common stock 965.86M 926.58M 12.06M 10.34M 2.65M
Capital stock 965.86M 926.58M 16.06M 16.06M -
Retained earnings -654.27600M -482.40500M -62.99739M -2.24500M -0.15300M
Other liab 1.46M 0.19M 2.16M - -
Good will 0.00000M 0.63M 0.66M 0.57M -
Other assets 0.37M 160.76M 102.03M 0.58M 0.36M
Cash 68.89M 109.97M 39.08M 1.96M -
Cash and equivalents - - - - -
Total current liabilities 24.00M 85.11M 170.86M 2.75M 0.16M
Current deferred revenue - - 1.22M - -
Net debt -67.44600M -1.68300M 44.95M 0.00500M -
Short term debt 0.19M 60.48M 72.15M 1.96M -
Short long term debt - 60.40M 96.03M 2.86M -
Short long term debt total 1.45M 108.29M 84.03M 1.96M -
Other stockholder equity -6.22000M -6.81400M 1.93M 0.02M -
Property plant equipment 242.48M 248.81M 22.67M 11.63M 1.99M
Total current assets 89.23M 160.25M 40.53M 2.57M 0.30M
Long term investments - - - - -
Net tangible assets 305.36M 436.73M -66.73700M 11.93M 2.49M
Short term investments - - - - -
Net receivables 6.54M 23.65M 0.80M 0.33M 0.00200M
Long term debt - 46.62M 14.47M - -
Inventory - - - - -
Accounts payable 11.54M 13.23M 0.55M 0.75M 0.03M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -6.22000M -6.81400M 1.45M 0.72M -
Additional paid in capital - - - - -
Common stock total equity - - - - -
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 0.36M 158.52M 75.38M - -
Deferred long term asset charges - - - - -
Non current assets total 242.84M 410.21M 94.36M 9.00M -
Capital lease obligations 1.45M 1.27M 1.35M 0.00000M -
Long term debt total - - - - -
Breakdown 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Type yearly yearly yearly yearly yearly
Date 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Investments -71.46700M -318.11500M -108.41600M -6.70400M -
Change to liabilities -2.39700M 3.72M 1.34M 0.74M 0.15M
Total cashflows from investing activities -71.46700M -318.11500M -108.41600M -6.70400M -3.24750M
Net borrowings -9.75000M 53.07M 19.14M 19.14M 0.07M
Total cash from financing activities 28.24M 372.04M 116.57M 6.72M 4.04M
Change to operating activities -4.08900M -0.10900M 0.21M 0.06M -0.54150M
Net income -171.87100M -419.77000M -80.53300M -2.14200M -0.22950M
Change in cash -41.07600M 70.98M 36.94M -0.98700M 0.18M
Begin period cash flow 109.97M 38.99M 2.14M 0.08M -
End period cash flow 68.89M 109.97M 39.08M -0.98700M 0.12M
Total cash from operating activities 6.04M 21.56M 1.64M -0.98700M -0.61950M
Issuance of capital stock 39.25M 215.33M 0.00000M 4.17M -
Depreciation 30.86M 7.74M 1.68M 0.76M 0.76M
Other cashflows from investing activities 11.03M -22.03800M -0.32300M -0.49100M -0.25950M
Dividends paid - - - - -
Change to inventory - - - - -
Change to account receivables 17.64M -0.07200M -0.57700M -0.48000M -0.00300M
Sale purchase of stock - - - - -
Other cashflows from financing activities -1.26200M 168.83M 118.90M 4.04M 3.87M
Change to netincome 136.04M 426.87M 76.75M 0.26M 0.18M
Capital expenditures 116.06M 294.25M 81.22M 4.07M 2.99M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital 9.98M 4.21M - 0.22M -
Stock based compensation 14.36M 13.90M - 0.18M -
Other non cash items 9.12M 415.48M 78.86M 2.02M -
Free cash flow -110.01900M -272.69000M -79.57940M -0.98700M -

Peer Comparison

Sector: Financial Services Industry: Capital Markets

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
IREN
Iris Energy Ltd
-0.555 4.58% 11.57 - 4.67 5.36 1.72 4.64 69.66
MS
Morgan Stanley
0.69 0.57% 121.72 16.50 13.76 2.80 1.65 - -
SCHW
Charles Schwab Corp
0.28 0.39% 74.25 22.86 17.39 6.14 4.28 - -
GS
Goldman Sachs Group Inc
8.62 1.57% 558.87 18.44 10.60 2.83 1.16 - -
CIIHY
CITIC Securities Co Ltd ADR
- -% 30.18 15.86 7.89 0.98 1.07 10.27 -

Reports Covered

Stock Research & News

Profile

Iris Energy Limited owns and operates bitcoin mining data centers. The company was incorporated in 2018 and is headquartered in Sydney, Australia.

Iris Energy Ltd

44 Market Street, Sydney, NSW, Australia, 2000

Key Executives

Name Title Year Born
Mr. William Roberts Co-Founder, Co-CEO & Director 1991
Mr. Daniel Roberts Co-Founder, Co-CEO & Director 1985
Mr. Lindsay James Ward F.A.C.I.D. Pres 1964
Ms. Belinda Nucifora Chief Financial Officer 1973
Mr. David Shaw Chief Operating Officer 1968
Mr. Bom Shin VP of Corp. Fin. NA
Mr. Denis Skrinnikoff Chief Technology Officer? 1985
Ms. Joanna Brand B.A., GAICD, J.D., M.B.A (Exec.) Gen. Counsel & Company Sec. 1972
Ms. Yvonne Martins Group Financial Controller NA
Mr. Glenn Harrison VP of Operations NA

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