Iris Energy (DB:F8P) - Stock Price, News & Analysis

F8P Stock Overview

Owns and operates bitcoin mining data centers.

F8P fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	5/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Rewards

Trading at 85.3% below our estimate of its fair value

Earnings are forecast to grow 67.45% per year

Risk Analysis

Shareholders have been substantially diluted in the past year

Highly volatile share price over the past 3 months

Has less than 1 year of cash runway

Iris Energy Limited Competitors

Northern Data

DB:NB2

€1.5b

ATOSS Software

XTRA:AOF

€2.1b

TeamViewer

XTRA:TMV

€1.8b

Mensch und Maschine Software

XTRA:MUM

€922.7m

Price History & Performance

Summary of all time highs, changes and price drops for Iris Energy
Historical stock prices
Current Share Price	US$8.48
52 Week High	US$14.50
52 Week Low	US$5.49
Beta	3.42
11 Month Change	16.48%
3 Month Change	-29.10%
1 Year Change	n/a
33 Year Change	n/a
5 Year Change	n/a
Change since IPO	15.05%

Recent updates

Shareholder Returns

	F8P	DE Software	DE Market
7D	24.7%	0.8%	4.5%
1Y	n/a	63.8%	13.4%

Return vs Industry: Insufficient data to determine how F8P performed against the German Software industry.

Return vs Market: Insufficient data to determine how F8P performed against the German Market.

Price Volatility

Is F8P's price volatile compared to industry and market?
F8P volatility
F8P Average Weekly Movement	20.5%
Software Industry Average Movement	5.0%
Market Average Movement	5.0%
10% most volatile stocks in DE Market	11.8%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: F8P's share price has been volatile over the past 3 months.

Volatility Over Time: Insufficient data to determine F8P's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2018	144	Will Roberts	iren.com

Iris Energy Limited owns and operates bitcoin mining data centers. It also provides high performance computing solutions, including Al cloud services. The company was incorporated in 2018 and is headquartered in Sydney, Australia.

Iris Energy Limited Fundamentals Summary

How do Iris Energy's earnings and revenue compare to its market cap?
F8P fundamental statistics
Market cap	€1.50b
Earnings (TTM)	-€25.93m
Revenue (TTM)	€169.05m

8.9x

P/S Ratio

-57.9x

P/E Ratio

Is F8P overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
F8P income statement (TTM)
Revenue	US$188.76m
Cost of Revenue	US$22.20m
Gross Profit	US$166.56m
Other Expenses	US$195.51m
Earnings	-US$28.95m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.15
Gross Margin	88.24%
Net Profit Margin	-15.34%
Debt/Equity Ratio	0%

How did F8P perform over the long term?

See historical performance and comparison

Iris Energy DB:F8P Stock Report