Iris Energy Past Earnings Performance
Past criteria checks 0/6
Iris Energy's earnings have been declining at an average annual rate of -20.8%, while the Software industry saw earnings growing at 14.9% annually. Revenues have been growing at an average rate of 74.5% per year.
Key information
-20.8%
Earnings growth rate
-9.2%
EPS growth rate
| Software Industry Growth | 17.3% |
| Revenue growth rate | 74.5% |
| Return on equity | -5.4% |
| Net Margin | -16.7% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
The Impact Of AI On Iris Energy's Bitcoin Mining Success
Apr 22Iris Energy Limited (NASDAQ:IREN) Shares Could Be 50% Below Their Intrinsic Value Estimate
Mar 22
Iris Energy: Deprived Of Any Investment Value Position
Jan 22We're Not Very Worried About Iris Energy's (NASDAQ:IREN) Cash Burn Rate
Jan 20Market Participants Recognise Iris Energy Limited's (NASDAQ:IREN) Revenues Pushing Shares 136% Higher
Dec 24Is Iris Energy (NASDAQ:IREN) In A Good Position To Invest In Growth?
Oct 06Even With A 52% Surge, Cautious Investors Are Not Rewarding Iris Energy Limited's (NASDAQ:IREN) Performance Completely
Apr 17Returns At Iris Energy (NASDAQ:IREN) Are On The Way Up
Jan 04Iris Energy mines 8% more bitcoins in September, while hashrate climbs 24%
Oct 07Iris Energy Limited (NASDAQ:IREN) Analysts Are Cutting Their Estimates: Here's What You Need To Know
Sep 16Iris Energy reports FY results
Sep 13Iris Energy reports 96% M/M surge in Bitcoins mined in August
Sep 07Iris Energy resumed with Buy rating at Citi as high-risk on bitcoin rout
Aug 23Iris Energy gains on doubling operating capacity to more than 2.3 EH/s
Aug 08Iris Energy stock perks up after boosting mining capacity in Bitmain deal
Aug 01Buy Iris Energy, Get Bitcoin Mining For Free
Jun 23Iris Energy Limited: A Way To Play Bitcoin's Eventual Turnaround
May 18Iris Energy: An ESG-Friendly Bitcoin Miner On A Clear Expansion Path
Feb 28Revenue & Expenses BreakdownBeta
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 |
|---|---|---|---|---|
| 31 Dec 23 | 123 | -21 | 87 | 0 |
| 30 Sep 23 | 99 | -96 | 72 | 0 |
| 30 Jun 23 | 76 | -172 | 58 | 0 |
| 31 Dec 22 | 58 | -163 | 41 | 0 |
| 30 Sep 22 | 64 | -12 | 40 | 0 |
| 30 Jun 22 | 59 | -420 | 32 | 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: IREN is currently unprofitable.
Growing Profit Margin: IREN is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: IREN is unprofitable, and losses have increased over the past 5 years at a rate of 20.8% per year.
Accelerating Growth: Unable to compare IREN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: IREN is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (22.4%).
Return on Equity
High ROE: IREN has a negative Return on Equity (-5.37%), as it is currently unprofitable.