Iris Energy Limited Ordinary Shares/IREN

$6.87

0.29%
-
1D1W1MYTD1YMAX

About Iris Energy Limited Ordinary Shares

Iris Energy Limited is an Australia-based sustainable Bitcoin mining company that supports the decarbonization of energy markets and the global Bitcoin network. It owns and operates Bitcoin mining data centers powered by 100% renewable energy. The Company exchanges all the Bitcoin it mines for fiat currency on the Kraken exchange or via its over-the-counter trading desk on a daily basis. The Company's data center mining facilities are located in Canal Flats, Mackenzie, Prince George and Childress. Canal Flats is in the Canadian Rockies, approximately 100 kilometers (km) from Cranbrook regional airport and 500 km east of Vancouver. Mackenzie is historically a major lumber town with a regional airport located approximately 670 km north of Vancouver and 170 km north of Prince George. Prince George is located approximately 500 km north of Vancouver. Childress is located in Childress County, Texas approximately 250 miles northwest of Dallas.
Ticker
IREN
Sector
Technology
Trading on
NASDAQ
Industry
Computer Services
CEO
Employees
100
Headquarters
Sydney, Australia

IREN Metrics

BasicAdvanced
$456.89M
Market cap
-
P/E ratio
-
EPS
-
Beta
-
Dividend rate

What the Analysts think about IREN

Analyst Ratings

Majority rating from 7 analysts.
Buy

Price Targets

Average projection from 5 analysts.
58.66% upside
High $18.50
Low $8.00
$6.87
Current price
$10.90
Average price target

IREN Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
-12.23% profit margin
QuarterlyAnnual
Q2 24
QoQ growth
Revenue
$42.5M
-43.71%
Net income
$-5.2M
-96.97%
Profit margin
-12.23%
-94.63%

IREN Earnings Performance

Earnings per share (EPS)

Company profitability
Missed by 2,236.21%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
-
-$2.71
-
-
-
Expected
-$0.13
-$0.12
-$0.25
-$0.15
-$0.07
Surprise
-
2,236.21%
-
-
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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