Iris Energy Ltd
NASDAQ:IREN

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Iris Energy Ltd
NASDAQ:IREN
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Price: 11.81 USD 3.46% Market Closed
Market Cap: 2.2B USD
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Net Margin
Iris Energy Ltd

-36.1%
Current
-348%
Average
1.7%
Industry

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
-36.1%
=
Net Income
-75.4m
/
Revenue
208.8m

Net Margin Across Competitors

Country Company Market Cap Net
Margin
AU
Iris Energy Ltd
NASDAQ:IREN
2.3B USD
-36%
US
Ezenia! Inc
OTC:EZEN
567B USD
-130%
US
Salesforce Inc
NYSE:CRM
328.5B USD
16%
DE
SAP SE
XETRA:SAP
276.2B EUR
9%
US
Adobe Inc
NASDAQ:ADBE
196.8B USD
26%
US
NCR Corp
LSE:0K45
187.9B USD
7%
US
Palantir Technologies Inc
NYSE:PLTR
182.8B USD
18%
US
Intuit Inc
NASDAQ:INTU
180.2B USD
18%
US
Applovin Corp
NASDAQ:APP
114.4B USD
27%
US
Cadence Design Systems Inc
NASDAQ:CDNS
82.7B USD
24%
US
Synopsys Inc
NASDAQ:SNPS
75.6B USD
25%
Country AU
Market Cap 2.3B USD
Net Margin
-36%
Country US
Market Cap 567B USD
Net Margin
-130%
Country US
Market Cap 328.5B USD
Net Margin
16%
Country DE
Market Cap 276.2B EUR
Net Margin
9%
Country US
Market Cap 196.8B USD
Net Margin
26%
Country US
Market Cap 187.9B USD
Net Margin
7%
Country US
Market Cap 182.8B USD
Net Margin
18%
Country US
Market Cap 180.2B USD
Net Margin
18%
Country US
Market Cap 114.4B USD
Net Margin
27%
Country US
Market Cap 82.7B USD
Net Margin
24%
Country US
Market Cap 75.6B USD
Net Margin
25%
No Stocks Found

Iris Energy Ltd
Glance View

Market Cap
2.3B USD
Industry
Technology

Iris Energy Ltd. emerges as a prominent player in the rapidly evolving landscape of digital currency mining, driving forward with a laser focus on sustainable energy use. Founded by entrepreneurial brothers, Daniel and Will Roberts, the company is rooted in the conviction that the future of cryptocurrency mining lies in harnessing renewable energy sources. They operate large-scale, energy-efficient data centers across multiple locations, strategically situated to tap into abundant, low-cost green energy. This approach not only mitigates operational costs but also aligns with growing environmental concerns, setting Iris Energy apart in an industry often criticized for its carbon footprint. By leveraging hydropower and other renewable sources, the company ensures that each Bitcoin mined is done so with a minimal environmental impact, thus responding to the market's increasing demand for sustainable business practices. Financially, Iris Energy generates revenue primarily through the mining of Bitcoin, a decentralized digital currency that rewards miners for processing transactions and securing the network. The company capitalizes on its agile infrastructure and strategic partnerships to optimize mining efficiency and reduce energy costs. This effective synergy between advanced technology and sustainable energy gives Iris Energy a competitive edge in maximizing profitability. Furthermore, by focusing on regions with surplus renewable energy, the company not only stabilizes energy grids but also benefits from low operational expenses. As the Bitcoin market continues to mature, Iris Energy's commitment to sustainability and efficiency positions it to thrive amid both economic and environmental challenges.

IREN Intrinsic Value
21.46 USD
Undervaluation 45%
Intrinsic Value
Price

See Also

Discover More
What is Net Margin?

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
-36.1%
=
Net Income
-75.4m
/
Revenue
208.8m
What is the Net Margin of Iris Energy Ltd?

Based on Iris Energy Ltd's most recent financial statements, the company has Net Margin of -36.1%.