Iris Energy Ltd
NASDAQ:IREN

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Iris Energy Ltd
NASDAQ:IREN
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Price: 9.72 USD -3.76% Market Closed
Market Cap: 1.8B USD
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Iris Energy Ltd
Operating Expenses

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Iris Energy Ltd
Operating Expenses Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Operating Expenses CAGR 3Y CAGR 5Y CAGR 10Y
Iris Energy Ltd
NASDAQ:IREN
Operating Expenses
-$213.5m
CAGR 3-Years
-196%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
WiseTech Global Ltd
ASX:WTC
Operating Expenses
-AU$491.7m
CAGR 3-Years
-22%
CAGR 5-Years
-20%
CAGR 10-Years
N/A
TechnologyOne Ltd
ASX:TNE
Operating Expenses
-AU$274.4m
CAGR 3-Years
-18%
CAGR 5-Years
-8%
CAGR 10-Years
-8%
Nuix Ltd
ASX:NXL
Operating Expenses
-AU$190.2m
CAGR 3-Years
-6%
CAGR 5-Years
-11%
CAGR 10-Years
N/A
Altium Ltd
ASX:ALU
Operating Expenses
-$191.2m
CAGR 3-Years
-16%
CAGR 5-Years
-13%
CAGR 10-Years
-14%
S
Siteminder Ltd
ASX:SDR
Operating Expenses
-AU$171.1m
CAGR 3-Years
-22%
CAGR 5-Years
-18%
CAGR 10-Years
N/A
No Stocks Found

Iris Energy Ltd
Glance View

Market Cap
1.8B USD
Industry
Technology

Iris Energy Ltd. operates as a Bitcoin mining company. The company is headquartered in Sydney, New South Wales and currently employs 39 full-time employees. The company went IPO on 2021-11-17. The firm builds, owns and operates data center and electrical infrastructure for the mining of Bitcoin primarily powered by renewable energy. The company uses computers powered by renewables to secure the Global bitcoin network. The company builds data centers through research and development to optimize the operational environment, including uptime performance. The company mines Bitcoin and forms relationships with Bitcoin mining hardware suppliers, including Bitmain Technologies Limited, as well as utility companies such as BC Hydro. The firm uses Antpool as its main mining pool service provider and it is subject to Antpool’s User Service Agreement. The company also has right to terminate its use of Antpool’s services at any time. The firm and its business and commercial partners, such as mining pools, digital asset exchanges and other third parties with which it interacts, rely on third-party service providers’ information technology (IT) systems.

IREN Intrinsic Value
14.68 USD
Undervaluation 34%
Intrinsic Value
Price

See Also

What is Iris Energy Ltd's Operating Expenses?
Operating Expenses
-213.5m USD

Based on the financial report for Jun 30, 2024, Iris Energy Ltd's Operating Expenses amounts to -213.5m USD.

What is Iris Energy Ltd's Operating Expenses growth rate?
Operating Expenses CAGR 3Y
-196%

Over the last year, the Operating Expenses growth was -78%. The average annual Operating Expenses growth rates for Iris Energy Ltd have been -196% over the past three years .

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