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IRAA

Iris Acquisition NasdaqCM:IRAA Stock Report

Last Price

US$10.51

Market Cap

US$75.5m

7D

1.3%

1Y

4.0%

Updated

06 May, 2024

Data

Company Financials

Iris Acquisition Corp

NasdaqCM:IRAA Stock Report

Market Cap: US$75.5m

IRAA Stock Overview

Iris Acquisition Corp does not have significant operations.

IRAA fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
Dividends0/6

Iris Acquisition Corp Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Iris Acquisition
Historical stock prices
Current Share PriceUS$10.51
52 Week HighUS$11.22
52 Week LowUS$10.11
Beta0.030
1 Month Change-1.22%
3 Month Change1.94%
1 Year Change3.96%
3 Year Changen/a
5 Year Changen/a
Change since IPO4.79%

Recent News & Updates

Recent updates

Shareholder Returns

IRAAUS Capital MarketsUS Market
7D1.3%2.1%1.6%
1Y4.0%35.4%25.1%

Return vs Industry: IRAA underperformed the US Capital Markets industry which returned 33.6% over the past year.

Return vs Market: IRAA underperformed the US Market which returned 23.9% over the past year.

Price Volatility

Is IRAA's price volatile compared to industry and market?
IRAA volatility
IRAA Average Weekly Movement1.3%
Capital Markets Industry Average Movement3.4%
Market Average Movement6.1%
10% most volatile stocks in US Market16.7%
10% least volatile stocks in US Market3.0%

Stable Share Price: IRAA has not had significant price volatility in the past 3 months.

Volatility Over Time: IRAA's weekly volatility (1%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2020n/aSumit Mehtan/a

Iris Acquisition Corp does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was formerly known as Tribe Capital Growth Corp I and changed its name to Iris Acquisition Corp in July 2022.

Iris Acquisition Corp Fundamentals Summary

How do Iris Acquisition's earnings and revenue compare to its market cap?
IRAA fundamental statistics
Market capUS$75.54m
Earnings (TTM)-US$1.23m
Revenue (TTM)n/a

0.0x

P/S Ratio

-61.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IRAA income statement (TTM)
RevenueUS$0
Cost of RevenueUS$0
Gross ProfitUS$0
Other ExpensesUS$1.23m
Earnings-US$1.23m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.17
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio-15.4%

How did IRAA perform over the long term?

See historical performance and comparison
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