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Asset logo for symbol IREN
Iris Energy Limited
IREN86
$10.39arrow_drop_up5.49%$0.53
High Growth
Asset logo for symbol IREN
IREN86

$10.39

arrow_drop_up5.49%

Income Statement (IREN)

itemSep 2024Jun 2024Mar 2024Dec 2023Sep 2023
EBIT-$50.36M-$26.77M$12.23M-$2.70M-$6.26M
EBITDA-$16.35M$2,000.00$20.92M$4.85M$1.29M
gross Profit$46.66M$47.43M$13.17M$13.40M$13.40M
NET Income-$51.70M-$27.06M$8.63M-$5.22M-$5.22M
total Revenue$54.39M$56.79M$53.95M$42.04M$42.04M

Balance Sheet (IREN)

itemSep 2024Jun 2024Mar 2024Dec 2023Sep 2023
cash Equivalents-----
net Debt-$95.98M-$402.94M-$257.97M-$88.94M-$88.94M
stockholders Equity$1.12B$1.09B$677.24M$381.84M$381.84M
total Assets$1.28B$1.15B$723.60M$417.16M$417.16M
total Debt$2.60M$1.65M$1.71M$1.35M$1.35M
total Liabilities$151.66M$55.68M$46.36M$35.31M$35.31M

Cash Flow (IREN)

itemSep 2024Jun 2024Mar 2024Dec 2023Sep 2023
financing Cash Flow$84.57M$451.36M$257.67M$37.05M$37.05M
free Cash Flow-$387.20M-$291.78M-$93.10M-$21.38M-$21.38M
investing Cash Flow-----
operating Cash Flow-$4.82M$26.82M$10.62M$10.62M

Iris Energy Limited (IREN) Financials

Iris Energy Limited (IREN) is a leading renewable energy company that focuses on the development and operation of solar power plants. The company has a strong financial position and consistently delivers impressive financial results. Its income statement showcases the company's revenue and expenses over a specific period, providing a comprehensive overview of its financial performance. With a robust gross profit margin, Iris Energy Limited (IREN) demonstrates its ability to generate profits from its operations. Additionally, the company's EBIT and EBITDA highlight its operating profitability, taking into account both revenue and expenses. These metrics allow investors and stakeholders to evaluate its financial performance and compare it with industry peers.
The balance sheet of Iris Energy Limited (IREN) outlines the company's financial position at a specific point in time. It includes details about the company's assets, liabilities, and stockholders' equity. By analyzing the balance sheet, investors can assess the company's financial health and solvency. Iris Energy Limited (IREN) maintains a strong stockholders' equity, which indicates its ability to fund operations and invest in growth opportunities. The company also carefully manages its total debt and total liabilities, ensuring a sustainable capital structure. Moreover, its total assets provide insights into the company's asset base and its potential for future growth.
Cash flow analysis is crucial to understanding the financial performance of Iris Energy Limited (IREN). The company's cash flow statement reflects its cash inflows and outflows from operating, financing, and investing activities. Operating cash flow represents the cash generated from the company's core operations, while investing cash flow relates to capital expenditures and acquisitions. Financing cash flow focuses on the company's sources of funding and debt repayments. By examining these cash flow components, investors can assess the company's ability to generate cash, invest in growth, and meet its financial obligations. Iris Energy Limited (IREN) consistently demonstrates a strong operating cash flow, allowing it to fund its operations and pursue expansion opportunities. The company's free cash flow provides insights into its ability to generate cash after accounting for capital expenditures.
In conclusion, Iris Energy Limited (IREN) maintains a solid financial position, delivering impressive financial results. Its income statement, balance sheet, and cash flow statement provide a comprehensive overview of the company's financial performance and position. With a focus on renewable energy, Iris Energy Limited (IREN) continues to drive sustainable growth and contribute to a cleaner and greener future.
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