Iris Energy Limited (IREN)
Iris Energy Statistics
Share Statistics
Iris Energy has 218.04M shares outstanding. The number of shares has increased by 81.69% in one year.
| Shares Outstanding | 218.04M |
| Shares Change (YoY) | 81.69% |
| Shares Change (QoQ) | 4.4% |
| Owned by Institutions (%) | 42.7% |
| Shares Floating | 206.07M |
| Failed to Deliver (FTD) Shares | 3.83K |
| FTD / Avg. Volume | 0.02% |
Short Selling Information
The latest short interest is 10.16M, so 5.18% of the outstanding shares have been sold short.
| Short Interest | 10.16M |
| Short % of Shares Out | 5.18% |
| Short % of Float | 5.64% |
| Short Ratio (days to cover) | 0.54 |
Valuation Ratios
The PE ratio is -43.43 and the forward PE ratio is 3.52. Iris Energy's PEG ratio is 0.48.
| PE Ratio | -43.43 |
| Forward PE | 3.52 |
| PS Ratio | 6.66 |
| Forward PS | 1.3 |
| PB Ratio | 1.15 |
| P/FCF Ratio | -2.94 |
| PEG Ratio | 0.48 |
Enterprise Valuation
Iris Energy Limited has an Enterprise Value (EV) of 187.81M.
| EV / Earnings | -6.49 |
| EV / Sales | 0.99 |
| EV / EBITDA | 7.39 |
| EV / EBIT | -7.13 |
| EV / FCF | -0.44 |
Financial Position
The company has a current ratio of 8.87, with a Debt / Equity ratio of 0.
| Current Ratio | 8.87 |
| Quick Ratio | 8.87 |
| Debt / Equity | 0 |
| Total Debt / Capitalization | 0.15 |
| Cash Flow / Debt | 31.85 |
| Interest Coverage | -104.08 |
Financial Efficiency
Return on equity (ROE) is -0.03% and return on capital (ROIC) is -2.72%.
| Return on Equity (ROE) | -0.03% |
| Return on Assets (ROA) | -0.03% |
| Return on Capital (ROIC) | -2.72% |
| Revenue Per Employee | $1,310,819.44 |
| Profits Per Employee | $-201,076.39 |
| Employee Count | 144 |
| Asset Turnover | 0.16 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 3.45M |
| Effective Tax Rate | -0.14 |
Stock Price Statistics
The stock price has increased by 19.63% in the last 52 weeks. The beta is 3.65, so Iris Energy's price volatility has been higher than the market average.
| Beta | 3.65 |
| 52-Week Price Change | 19.63% |
| 50-Day Moving Average | 9.69 |
| 200-Day Moving Average | 10.11 |
| Relative Strength Index (RSI) | 35.74 |
| Average Volume (20 Days) | 15.38M |
Income Statement
In the last 12 months, Iris Energy had revenue of 188.76M and earned -28.95M in profits. Earnings per share was -0.29.
| Revenue | 188.76M |
| Gross Profit | 166.56M |
| Operating Income | -26.33M |
| Net Income | -28.95M |
| EBITDA | 25.4M |
| EBIT | -26.33M |
| Earnings Per Share (EPS) | -0.29 |
Balance Sheet
The company has 404.6M in cash and 1.66M in debt, giving a net cash position of 402.95M.
| Cash & Cash Equivalents | 404.6M |
| Total Debt | 1.66M |
| Net Cash | 402.95M |
| Retained Earnings | -683.23M |
| Total Assets | 1.85B |
| Working Capital | -33.85M |
Cash Flow
In the last 12 months, operating cash flow was 52.72M and capital expenditures -479.91M, giving a free cash flow of -427.19M.
| Operating Cash Flow | 52.72M |
| Capital Expenditures | -479.91M |
| Free Cash Flow | -427.19M |
| FCF Per Share | -4.29 |
Margins
Gross margin is 88.24%, with operating and profit margins of -13.95% and -15.34%.
| Gross Margin | 88.24% |
| Operating Margin | -13.95% |
| Pretax Margin | -13.51% |
| Profit Margin | -15.34% |
| EBITDA Margin | 13.46% |
| EBIT Margin | -13.95% |
| FCF Margin | -226.32% |
Dividends & Yields
IREN does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Earnings Yield | -4.49% |
| FCF Yield | -30.35% |
Analyst Forecast
The average price target for IREN is $17, which is 163.2% higher than the current price. The consensus rating is "Buy".
| Price Target | $17 |
| Price Target Difference | 163.2% |
| Analyst Consensus | Buy |
| Analyst Count | 17 |
Scores
| Altman Z-Score | 1.24 |
| Piotroski F-Score | 3 |