Iris Energy Ltd

Iris Energy Ltd. operates as a Bitcoin mining company. It builds, owns and operates data centers and electrical infrastructure for the mining of Bitcoin, primarily powered by renewable energy. The company was founded by Daniel Roberts and William Roberts on November 6, 2018 and is headquartered in Sydney, Australia.

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q2 2023

Earnings data Q1 2023

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q1 2024

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Iris Energy Ltd. engages in operating institutional grade data centers powered by renewable energy. It operates through the Australia and North America geographical segments. The company was founded by Daniel Roberts and William Roberts on November 6, 2018, and is headquartered in Sydney, Australia.

The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Iris Energy Limited ("Iris" or "the Company") (NASDAQ:IREN) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

Investors Of Iris Energy Limited Can Join Fraud Investigation With The Schall Law Firm

LOS ANGELES, CA / ACCESSWIRE / August 6, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Iris Energy Limited ("Iris" or "the Company") (NASDAQ:IREN) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

Iris Energy Limited Investors Can Participate In Fraud Investigation With The Schall Law Firm

SYDNEY, Aug. 06, 2024 (GLOBE NEWSWIRE) -- IREN (NASDAQ: IREN) (together with its subsidiaries, “IREN” or “the Company”), a leading next-generation data center business powering the future of Bitcoin, AI and beyond, today published a monthly investor update for July 2024.

July 2024 Monthly Investor Update

Apple

Bank of America

CleanSpark

Coinbase

Core Scientific Inc

Hut 8 Mining Corp

Marathon Digital Holdings

Bitcoin price unraveled 17% by early Monday, ethereum turns negative on the year. Cryptocurrencies sell off amid market downturn.

Bitcoin Price Tumbles To Six-Month Low, Cryptocurrency Markets Enter 'Panic Mode'

NEW YORK, Aug. 03, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Iris Energy Limited (“Iris” or the “Company”) (NASDAQ: IREN). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com  or 646-581-9980, ext. 7980.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Iris Energy Limited - IREN

LOS ANGELES , Aug. 2, 2024 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Iris Energy Limited ("Iris" or "the Company") (NASDAQ: IREN) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

IREN Investors Have Opportunity to Join Iris Energy Limited Fraud Investigation with the Schall Law Firm

NEW YORK, NY / ACCESSWIRE / August 1, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Iris Energy Limited ("Iris" or "the Company") (NASDAQ:IREN). Investors who purchased Iris securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/IREN.

Iris Energy Limited (IREN) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings

NEW YORK, July 29, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Iris Energy Limited (“Iris Energy” or the “Company”) (NASDAQ: IREN) on behalf of Iris Energy stockholders. Our investigation concerns whether Iris Energy has violated the federal securities laws and/or engaged in other unlawful business practices.

Iris Energy ALERT: Bragar Eagel & Squire, P.C. is Investigating Iris Energy Limited on Behalf of Iris Energy Stockholders and Encourages Investors to Contact the Firm

Iris Energy Ltd (NASDAQ:IREN) stock just pulled back to its historically bullish 50-day moving average, which over the past three years produced returns of 23.2% for the shares a month later in 67% of circumstances. This trendline also coincides with the 50% year-over-year return level, triple this year's low of $10.95, as well as the 38.2% Fibonacci retracement of the stock's initial public offering (IPO) highs and lows.

Energy Stock Pullback Could Yield Big Returns

SYDNEY, July 24, 2024 (GLOBE NEWSWIRE) -- IREN (Iris Energy Limited) (NASDAQ: IREN) (together with its subsidiaries, "IREN" or “the Company”), a leading next-generation data center business powering the future of Bitcoin, AI and beyond, today provided a business update.

IREN increases Childress power capacity from 600MW to 750MW

NEW YORK, NY / ACCESSWIRE / July 19, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Iris Energy Limited ("Iris Energy") (NASDAQ:IREN) concerning possible violations of federal securities laws. Culper Research published a report on July 11, 2024, alleging that Iris Energy "has always, and will continue to be - a non-player in the HPC space because its facilities were built for BTC mining and are ill-equipped for HPC workloads without billions in additional costs.

Iris Energy Limited Investigated by Shareholder Rights Advocates - Investors Should Contact Levi & Korsinsky Regarding Potential Securities Law Violations - IREN

NEW YORK, NY / ACCESSWIRE / July 18, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Iris Energy Limited ("Iris Energy") (NASDAQ:IREN) concerning possible violations of federal securities laws. Culper Research published a report on July 11, 2024, alleging that Iris Energy "has always, and will continue to be - a non-player in the HPC space because its facilities were built for BTC mining and are ill-equipped for HPC workloads without billions in additional costs.

Iris Energy Limited Investigation Ongoing: Contact Levi & Korsinsky to Discuss Your Rights - IREN

Iris Energy Limited INVESTIGATION: Levi & Korsinsky Investigates Potential Securities Fraud by Iris Energy (IREN)

NEW YORK, NY / ACCESSWIRE / July 17, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Iris Energy Limited ("Iris Energy") (NASDAQ:IREN) concerning possible violations of federal securities laws. Culper Research published a report on July 11, 2024, alleging that Iris Energy "has always, and will continue to be - a non-player in the HPC space because its facilities were built for BTC mining and are ill-equipped for HPC workloads without billions in additional costs.

Iris Energy Limited Investigated by Shareholder Rights Advocates – Investors Should Contact Levi & Korsinsky Regarding Potential Securities Law Violations - IREN

SYDNEY, July 16, 2024 (GLOBE NEWSWIRE) -- IREN (Iris Energy Limited) (NASDAQ: IREN) (together with its subsidiaries, "IREN" or “the Company”), a leading next-generation data center business powering the future of Bitcoin, AI and beyond, today provided a business update.

IREN appoints Morgan Stanley as Financial Advisor

NEW YORK, NY / ACCESSWIRE / July 15, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Iris Energy Limited ("Iris Energy") (NASDAQ:IREN) concerning possible violations of federal securities laws. Culper Research published a report on July 11, 2024, alleging that Iris Energy "has always, and will continue to be - a non-player in the HPC space because its facilities were built for BTC mining and are ill-equipped for HPC workloads without billions in additional costs.

Lost Money on Iris Energy Limited(IREN)? You May Have Been Affected by Fraud- Contact Levi & Korsinsky

dLocal Ltd

HighPeak Energy Inc

In February, CNBC reported that a $1,000 investment in Monster Beverage (NASDAQ: MNST ) on Feb. 14, 1994, would have been worth approximately $2 million on its 30-year anniversary, a 200,000% return. It's these kinds of cheap stocks that can make you rich in the long run if you make the right play at the right time.

3 Cheap Stocks That Could Grow Your Wealth

ATLANTA, July 12, 2024 (GLOBE NEWSWIRE) -- Holzer & Holzer, LLC is investigating whether Iris Energy Limited (“Iris Energy” or the “Company”) (NASDAQ: IREN) complied with federal securities laws. On July 11, 2024, Culper Research published a report alleging that Iris Energy “has always, and will continue to be – a non-player in the HPC space because its facilities were built for BTC mining and are ill-equipped for HPC workloads without billions in additional costs.” Following this news, the price of the Company's stock dropped.

Investigation Into Iris Energy Limited (IREN) Announced byHolzer & Holzer, LLC

SYDNEY, Australia, July 05, 2024 (GLOBE NEWSWIRE) -- IREN (NASDAQ: IREN) (together with its subsidiaries, “IREN” or “the Company”), a leading next-generation data center business powering the future of Bitcoin, AI and beyond, today published a monthly investor update for June 2024.

June 2024 Monthly Investor Update

SYDNEY, July 01, 2024 (GLOBE NEWSWIRE) -- IREN (Iris Energy Limited) (NASDAQ: IREN) (together with its subsidiaries, "IREN" or “the Company”), a leading next-generation data center business powering the future of Bitcoin, AI and beyond, today provided a business update.

Business Update

SYDNEY, June 06, 2024 (GLOBE NEWSWIRE) -- IREN (NASDAQ: IREN) (together with its subsidiaries, “IREN” or “the Company”), a leading next-generation data center business powering the future of Bitcoin, AI and beyond, today published a monthly investor update for May 2024.

May 2024 Monthly Investor Update

Airbus SE

Intel

Lithium Americas Corp

Lockheed Martin

Altria

Quantum Computing

For long-term investors seeking to capitalize on undervalued opportunities, there are several undervalued stocks that present attractive valuations relative to their intrinsic worth. These companies offer a unique combination of discounted prices and strong growth potential.

Hidden Stocks, Huge Gains: 7 Picks the Market Mispriced for Triple-Digit Returns

Iris Energy Limited (NASDAQ:IREN ) Q3 2024 Earnings Conference Call May 15, 2024 5:00 PM ET Company Participants Lincoln Tan - Senior Manager of IR Daniel Roberts - Co-Founder & Co-CEO Belinda Nucifora - CFO Conference Call Participants Lucas Pipes - B. Riley Joseph Vafi - Canaccord Genuity Mike Colonnese - H.C.

Iris Energy Limited (IREN) Q3 2024 Earnings Call Transcript

Achieved record revenue, Adjusted EBITDA and operating cashflow $47.9 million operating cash inflow in FY24 YTD Quarterly NPAT of $8.6 million Expansion to 30 EH/s in 2024 SYDNEY, Australia, May 15, 2024 (GLOBE NEWSWIRE) -- IREN (Iris Energy Limited) (NASDAQ: IREN) (together with its subsidiaries, "IREN" or “the Company”), a leading next-generation data center business powering the future of Bitcoin, AI and beyond, today reported its financial results for the three-months and nine-months ended March 31, 2024. All $ amounts are in United States Dollars (“USD”) unless otherwise stated.

IREN Reports Third Quarter FY24 Results

SYDNEY, Australia, May 15, 2024 (GLOBE NEWSWIRE) -- IREN (Iris Energy Limited) (NASDAQ: IREN) (together with its subsidiaries, "IREN" or “the Company”), a leading next-generation data center business powering the future of Bitcoin, AI and beyond, today provided a business update. Key Highlights Operating hashrate currently 10 EH/s, milestone achieved ahead of schedule 2024 expansion plans increased to 30 EH/s Secured latest-generation Bitmain S21 Pro miners with nameplate efficiency of 15 J/TH Upon completion, nameplate fleet efficiency of 16 J/TH and indicative electricity cost per Bitcoin mined of $17k Additional 50MW data center expansion at Childress (announced April 29, 2024) Funding through existing cash and other sources Additional Bitmain S21 Pro miner purchase options (10 EH/s) supporting expansion pathway to 40 EH/s in 1H 2025 2024 expansion plans increased to 30 EH/s The Company's previously announced 2024 expansion plan to 20 EH/s has been increased to 30 EH/s.

News for Iris Energy Ltd Stock (IREN)