Iris Energy Financials

IREN Stock  USD 14.27  1.34  10.36%   
Based on the key measurements obtained from Iris Energy's financial statements, Iris Energy is not in a good financial situation at this time. It has a very high probability of going through financial hardship in January. At this time, Iris Energy's Current Deferred Revenue is very stable compared to the past year. As of the 5th of December 2024, Accounts Payable is likely to grow to about 28.7 M, while Short and Long Term Debt Total is likely to drop about 1.6 M. Key indicators impacting Iris Energy's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio9.318.8708
Sufficiently Up
Slightly volatile
The financial analysis of Iris Energy is a critical element in measuring its lifeblood. Investors should not minimize Iris Energy's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

(30.4 Million)

  
Understanding current and past Iris Energy Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Iris Energy's financial statements are interrelated, with each one affecting the others. For example, an increase in Iris Energy's assets may result in an increase in income on the income statement.

Iris Energy Stock Summary

Iris Energy competes with AmTrust Financial, Artisan Partners, Finnair Oyj, Pentair PLC, and Juniata Valley. Iris Energy Limited owns and operates bitcoin mining data centers in Canada, the United States, and the Asia-Pacific. The company was incorporated in 2018 and is headquartered in Sydney, Australia. Iris Energy operates under Capital Markets classification in the United States and is traded on NASDAQ Exchange. It employs 102 people.
Specialization
Financial Services, Financial Services
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINAU0000185993
CUSIPQ4982L109
LocationAustralia
Business Address44 Market Street,
SectorCapital Markets
IndustryFinancials
BenchmarkDow Jones Industrial
Websiteiren.com
Phone61 2 7906 8301
CurrencyUSD - US Dollar

Iris Energy Key Financial Ratios

Iris Energy Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets11.6M134.9M570.5M332.1M1.2B1.2B
Other Current Liab(125.7K)97.8M11.4M12.2M19.5M25.8M
Net Tangible Assets11.9M(66.7M)436.7M305.4M351.2M368.7M
Net Debt5K45.0M(1.8M)(67.4M)(402.9M)(382.8M)
Retained Earnings(2.2M)(63.0M)(482.4M)(654.3M)(683.2M)(649.1M)
Accounts Payable751K545K13.2M11.5M27.3M28.7M
Cash2.0M39.1M110.0M68.9M404.6M424.8M
Other Assets576K102.0M160.8M368K423.2K402.0K
Net Receivables331K795.7K23.7M6.5M29.4M30.8M
Other Current Assets282.3K492K7.7M11.4M11.9M12.5M
Total Liab2.8M184.4M133.1M26.7M55.7M73.8M
Total Current Assets2.6M40.5M160.3M89.2M452.4M475.0M
Short Term Debt2.0M72.0M60.5M192K214K203.3K
Common Stock10.3M12.1M926.6M965.9M1.8B1.9B

Iris Energy Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense102K14.5M32.2M15.3M253K240.4K
Total Revenue2.2M7.8M59.0M75.5M188.8M198.2M
Operating Income(1.7M)(2.3M)462K(153.9M)(26.3M)(27.6M)
Ebit(1.7M)(44.3M)(384.8M)(153.1M)(25.2M)(26.5M)
Ebitda(932K)(43.4M)(377.1M)(122.3M)25.4M26.7M
Cost Of Revenue1.3M2.7M7.4M17.9M22.2M23.3M
Income Before Tax(2.1M)(59.3M)(417.0M)(169.5M)(25.5M)(26.8M)
Net Income(2.1M)(60.5M)(419.8M)(171.9M)(29.0M)(30.4M)
Income Tax Expense(12K)1.2M2.7M2.4M3.5M1.8M

Iris Energy Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash2.3M36.9M71.0M(41.1M)335.7M352.5M
Free Cash Flow(5.3M)(79.6M)(272.7M)(110.0M)(427.2M)(405.8M)
Other Non Cash Items1.5M43.9M419.9M9.1M(4.4M)(4.1M)
Capital Expenditures4.3M81.2M294.2M116.1M479.9M503.9M
Net Income(2.1M)(45.0M)(419.8M)(171.9M)(29.0M)(30.4M)
End Period Cash Flow(987K)39.1M110.0M68.9M404.6M424.8M
Change To Netincome261K76.7M426.9M136.0M156.4M140.8M

Iris Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Iris Energy's current stock value. Our valuation model uses many indicators to compare Iris Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Iris Energy competition to find correlations between indicators driving Iris Energy's intrinsic value. More Info.
Iris Energy is rated second overall in return on equity category among its peers. It also is rated second overall in return on asset category among its peers . At this time, Iris Energy's Return On Equity is very stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Iris Energy's earnings, one of the primary drivers of an investment's value.

Iris Energy Systematic Risk

Iris Energy's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Iris Energy volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Iris Energy correlated with the market. If Beta is less than 0 Iris Energy generally moves in the opposite direction as compared to the market. If Iris Energy Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Iris Energy is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Iris Energy is generally in the same direction as the market. If Beta > 1 Iris Energy moves generally in the same direction as, but more than the movement of the benchmark.

Iris Energy Thematic Clasifications

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Today, most investors in Iris Energy Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Iris Energy's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Iris Energy growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.5

At this time, Iris Energy's Price Earnings To Growth Ratio is very stable compared to the past year.

Iris Energy December 5, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Iris Energy help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Iris Energy. We use our internally-developed statistical techniques to arrive at the intrinsic value of Iris Energy based on widely used predictive technical indicators. In general, we focus on analyzing Iris Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Iris Energy's daily price indicators and compare them against related drivers.
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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Iris Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
To learn how to invest in Iris Stock, please use our How to Invest in Iris Energy guide.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
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
(0.53)
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.