Iris Financial Statements From 2010 to 2024

IREN Stock  USD 15.39  1.24  8.76%   
Iris Energy financial statements provide useful quarterly and yearly information to potential Iris Energy investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Iris Energy financial statements helps investors assess Iris Energy's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Iris Energy's valuation are summarized below:
Gross Profit
57.6 M
Profit Margin
(0.15)
Market Capitalization
3.3 B
Enterprise Value Revenue
15.3471
Revenue
188.8 M
We have found one hundred twenty available fundamental trends for Iris Energy, which can be analyzed and compared to other ratios and to its competitors. Self-guided Investors are advised to confirm Iris Energy's regular fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. As of the 9th of December 2024, Market Cap is likely to drop to about 859.5 M. In addition to that, Enterprise Value is likely to drop to about 781.2 M

Iris Energy Total Revenue

198.2 Million

Check Iris Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Iris Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 53.2 M, Interest Expense of 240.3 K or Selling General Administrative of 42.6 M, as well as many indicators such as Price To Sales Ratio of 6.33, Dividend Yield of 0.0 or PTB Ratio of 1.09. Iris financial statements analysis is a perfect complement when working with Iris Energy Valuation or Volatility modules.
  
Check out the analysis of Iris Energy Correlation against competitors.
To learn how to invest in Iris Stock, please use our How to Invest in Iris Energy guide.

Iris Energy Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets1.2 B1.2 B228.6 M
Slightly volatile
Short and Long Term Debt Total1.6 M1.7 M13.3 M
Slightly volatile
Total Current Liabilities61.2 M51 M26.4 M
Slightly volatile
Property Plant And Equipment Net465.1 M442.9 M95.8 M
Slightly volatile
Current Deferred Revenue3.1 M2.9 M835.6 K
Slightly volatile
Accounts Payable28.7 M27.3 M5.5 M
Slightly volatile
Cash424.8 M404.6 M70 M
Slightly volatile
Non Current Assets Total735.7 M700.6 M147.2 M
Slightly volatile
Non Currrent Assets Other270.6 M257.7 M56.2 M
Slightly volatile
Other Assets402 K423.2 K17.9 M
Slightly volatile
Cash And Short Term Investments431.7 M411.1 M70.9 M
Slightly volatile
Net Receivables30.8 M29.4 M6.1 M
Slightly volatile
Common Stock Shares Outstanding58.3 M99.6 M31 M
Slightly volatile
Liabilities And Stockholders Equity1.2 B1.2 B228.6 M
Slightly volatile
Other Current Assets12.5 M11.9 MM
Slightly volatile
Total Liabilities73.8 M55.7 M31.8 M
Slightly volatile
Total Current Assets475 M452.4 M81.5 M
Slightly volatile
Short Term Debt203.3 K214 KM
Slightly volatile
Common Stock1.9 B1.8 B369.9 M
Slightly volatile
Property Plant Equipment292.8 M278.8 M74.3 M
Slightly volatile
Non Current Liabilities Total4.5 M4.7 M6.7 M
Slightly volatile
Inventory197.3 K187.9 K58.8 K
Slightly volatile
Net Invested Capital1.2 B1.1 B220 M
Slightly volatile
Property Plant And Equipment Gross567.1 M540.1 M117.3 M
Slightly volatile
Short and Long Term Debt58.4 M69.5 M24.9 M
Slightly volatile
Capital Stock1.9 B1.8 B379.1 M
Slightly volatile
Intangible Assets400.2 K392.4 K524 K
Slightly volatile
Other LiabilitiesM1.3 M1.8 M
Slightly volatile
Long Term Debt33.6 M53.6 M22.6 M
Slightly volatile

Iris Energy Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization53.2 M50.6 M9.7 M
Slightly volatile
Selling General Administrative42.6 M40.5 M8.2 M
Slightly volatile
Total Revenue198.2 M188.8 M35.4 M
Slightly volatile
Other Operating Expenses145.3 M215.1 M62.6 M
Slightly volatile
Cost Of Revenue23.3 M22.2 MM
Slightly volatile
Total Operating Expenses135.9 M192.9 M58.6 M
Slightly volatile
Interest Income6.1 M5.8 M867 K
Slightly volatile
Selling And Marketing Expenses2.2 M2.1 M355.6 K
Slightly volatile
Gross Profit174.9 M166.6 M31 M
Slightly volatile
Reconciled Depreciation53.2 M50.6 M10.4 M
Slightly volatile

Iris Energy Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation53.2 M50.6 M10.1 M
Slightly volatile
Capital Expenditures503.9 M479.9 M99.9 M
Slightly volatile
Total Cash From Financing Activities821.2 M782.1 M143.5 M
Slightly volatile
Change To Netincome140.8 M156.4 M62.6 M
Slightly volatile
Stock Based Compensation24.8 M23.6 M5.3 M
Slightly volatile
Dividends Paid2.4 M2.7 MM
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio6.336.6618227.1 K
Slightly volatile
Days Sales Outstanding35.3756.786833.5547
Slightly volatile
Average Payables307.4 K345.8 K376.6 K
Slightly volatile
Stock Based Compensation To Revenue0.120.12520.1065
Slightly volatile
Capex To Depreciation9.09.47513.6325
Slightly volatile
EV To Sales4.34.5271227 K
Slightly volatile
Inventory Turnover17.7918.721.2 K
Slightly volatile
Days Of Inventory On Hand21.1920.187.3754
Slightly volatile
Payables Turnover0.770.81190.7237
Slightly volatile
Sales General And Administrative To Revenue0.20.214864.3447
Slightly volatile
Capex To Revenue2.422.54251.2 K
Slightly volatile
Cash Per Share4.334.12610.8814
Slightly volatile
Days Payables Outstanding4274503.8 K
Slightly volatile
Intangibles To Total Assets0.00120.00130.0334
Slightly volatile
Current Ratio9.318.87082.8019
Slightly volatile
Receivables Turnover9.886.427611.0889
Slightly volatile
Graham Number11.128.48576.3837
Slightly volatile
Capex Per Share5.064.81641.4636
Slightly volatile
Revenue Per Share1.991.89440.4595
Slightly volatile
Interest Debt Per Share0.00240.00250.3719
Slightly volatile
Debt To Assets0.20.170.1123
Slightly volatile
Operating Cycle59.6356.786813.6063
Slightly volatile
Days Of Payables Outstanding4274503.8 K
Slightly volatile
Total Debt To Capitalization0.170.180.2382
Slightly volatile
Quick Ratio9.318.87082.8018
Slightly volatile
Net Income Per E B T0.821.13540.9961
Very volatile
Cash Ratio8.337.93381.8897
Slightly volatile
Days Of Inventory Outstanding21.1920.187.3754
Slightly volatile
Days Of Sales Outstanding35.3756.786833.5547
Slightly volatile
Fixed Asset Turnover0.220.42620.1273
Slightly volatile
Debt Ratio0.20.170.1123
Slightly volatile
Price Sales Ratio6.336.6618227.1 K
Slightly volatile
Asset Turnover0.0960.16370.0561
Slightly volatile
Gross Profit Margin0.580.88240.5168
Slightly volatile

Iris Energy Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap859.5 M1.3 B582.4 M
Slightly volatile
Enterprise Value781.2 M854.5 M548.6 M
Slightly volatile

Iris Fundamental Market Drivers

Forward Price Earnings384.6154
Cash And Short Term Investments411.1 M

Iris Upcoming Events

21st of February 2024
Upcoming Quarterly Report
View
31st of December 2023
Next Fiscal Quarter End
View
11th of September 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
30th of June 2023
Last Financial Announcement
View

About Iris Energy Financial Statements

Iris Energy investors utilize fundamental indicators, such as revenue or net income, to predict how Iris Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue2.9 M3.1 M
Total Revenue188.8 M198.2 M
Cost Of Revenue22.2 M23.3 M
Stock Based Compensation To Revenue 0.13  0.12 
Sales General And Administrative To Revenue 0.21  0.20 
Capex To Revenue 2.54  2.42 
Revenue Per Share 1.89  1.99 
Ebit Per Revenue(0.14)(0.15)

Pair Trading with Iris Energy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Iris Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Iris Energy will appreciate offsetting losses from the drop in the long position's value.

Moving together with Iris Stock

  0.82MS Morgan Stanley Fiscal Year End 21st of January 2025 PairCorr
  0.73GCMGW GCM GrosvenorPairCorr

Moving against Iris Stock

  0.5KREF KKR Real EstatePairCorr
  0.48GROW US Global InvestorsPairCorr
  0.41EFC Ellington FinancialPairCorr
The ability to find closely correlated positions to Iris Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Iris Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Iris Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Iris Energy to buy it.
The correlation of Iris Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Iris Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Iris Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Iris Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Iris Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Iris Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Iris Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Iris Energy Stock:
Check out the analysis of Iris Energy Correlation against competitors.
To learn how to invest in Iris Stock, please use our How to Invest in Iris Energy guide.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Iris Energy. If investors know Iris will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Iris Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.48)
Revenue Per Share
1.894
Quarterly Revenue Growth
0.679
Return On Assets
(0.02)
Return On Equity
(0.04)
The market value of Iris Energy is measured differently than its book value, which is the value of Iris that is recorded on the company's balance sheet. Investors also form their own opinion of Iris Energy's value that differs from its market value or its book value, called intrinsic value, which is Iris Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Iris Energy's market value can be influenced by many factors that don't directly affect Iris Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Iris Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Iris Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Iris Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.