Iris Energy Past Earnings Performance
Past criteria checks 0/6
Iris Energy's earnings have been declining at an average annual rate of -3.8%, while the Software industry saw earnings growing at 10.3% annually. Revenues have been growing at an average rate of 66% per year.
Key information
-3.8%
Earnings growth rate
6.5%
EPS growth rate
| Software Industry Growth | 14.9% |
| Revenue growth rate | 66.0% |
| Return on equity | -2.6% |
| Net Margin | -15.3% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Iris Energy makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 24 | 189 | -29 | 124 | 0 |
| 31 Mar 24 | 166 | -9 | 105 | 0 |
| 31 Dec 23 | 123 | -21 | 87 | 0 |
| 30 Sep 23 | 99 | -96 | 72 | 0 |
| 30 Jun 23 | 76 | -172 | 62 | 0 |
| 31 Dec 22 | 58 | -163 | 41 | 0 |
| 30 Sep 22 | 64 | -12 | 40 | 0 |
| 30 Jun 22 | 59 | -420 | 34 | 0 |
| 31 Mar 22 | 50 | -496 | 24 | 0 |
| 31 Dec 21 | 37 | -478 | 18 | 0 |
| 30 Sep 21 | 18 | -549 | 8 | 0 |
| 30 Jun 21 | 8 | -60 | 5 | 0 |
| 31 Mar 21 | 6 | -2 | 4 | 0 |
| 31 Dec 20 | 4 | -3 | 3 | 0 |
| 30 Sep 20 | 3 | -2 | 3 | 0 |
| 30 Jun 20 | 2 | -2 | 2 | 0 |
| 30 Jun 19 | 0 | 0 | 0 | 0 |
Quality Earnings: F8P is currently unprofitable.
Growing Profit Margin: F8P is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: F8P is unprofitable, and losses have increased over the past 5 years at a rate of 3.8% per year.
Accelerating Growth: Unable to compare F8P's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: F8P is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (10.6%).
Return on Equity
High ROE: F8P has a negative Return on Equity (-2.64%), as it is currently unprofitable.