IREN Ltd. is a vertically integrated data center business powering the future of Bitcoin, AI and beyond with renewable energy. The company is headquartered in Sydney, New South Wales and currently employs 257 full-time employees. The company went IPO on 2021-11-17. Its facilities are optimized for Bitcoin mining, artificial intelligence (AI) cloud services, and other power-dense compute. Its data center mining facilities are in Canal Flats, Mackenzie, Prince George and Childress. Bitcoin Mining provides security to the Bitcoin network. Al Cloud Services provides cloud compute to Al customers, approximately 1,896 NVIDIA H100 and H200 GPUs. Its Canal Flats facility is in the Canadian Rockies, 100 kilometers (km) from Cranbrook regional airport and 500km east of Vancouver. Its facility is in Prince George, the city in northern British Columbia, located 500 km north of Vancouver. Its facility is located in Childress County, Texas, over 250 miles northwest of Dallas and in close proximity to multiple wind and solar generating facilities in the region. Its Childress operations comprise 200 Mega Watt of operating data centers.
Financials in millions USD. Fiscal year is February - January.
Breakdown
TTM
06/30/2025
06/30/2024
06/30/2023
06/30/2022
06/30/2021
Revenue
752
501
187
75
59
7
Revenue Growth (YoY)
164%
168%
149%
27%
743%
250%
Cost of Revenue
146
158
87
39
--
--
Gross Profit
278
342
100
36
--
--
Selling, General & Admin
269
136
70
49
39
6
Research & Development
--
--
--
--
--
--
Operating Expenses
711
315
127
81
56
8
Other Non Operating Income (Expenses)
-118
-1
0
0
--
--
Pretax Income
359
93
-25
-169
-417
-59
Income Tax Expense
10
6
3
2
2
1
Net Income
348
86
-28
-171
-419
-60
Net Income Growth
-782%
-407%
-84%
-59%
598%
2,900%
Shares Outstanding (Diluted)
298.02
223.24
99.64
54.77
40.94
55.03
Shares Change (YoY)
35%
124%
82%
34%
-26%
0%
EPS (Diluted)
1.17
0.39
-0.29
-3.14
-10.25
-1.1
EPS Growth
-609%
-234%
-91%
-69%
832%
2,650%
Free Cash Flow
--
-327
-89
-110
-62
-5
Free Cash Flow Per Share
--
--
--
--
--
--
Gross Margin
36.96%
68.26%
53.47%
48%
--
--
Operating Margin
-14.09%
5.18%
-14.43%
-60%
3.38%
0%
Profit Margin
46.27%
17.16%
-14.97%
-227.99%
-710.16%
-857.14%
Free Cash Flow Margin
--
-65.26%
-47.59%
-146.66%
-105.08%
-71.42%
EBITDA
189
207
23
-15
9
1
EBITDA Margin
25.13%
41.31%
12.29%
-20%
15.25%
14.28%
D&A For EBITDA
295
181
50
30
7
1
EBIT
-106
26
-27
-45
2
0
EBIT Margin
-14.09%
5.18%
-14.43%
-60%
3.38%
0%
Effective Tax Rate
2.78%
6.45%
-12%
-1.18%
-0.47%
-1.69%
Follow-Up Questions
What are IREN Ltd's key financial statements?
According to the latest financial statement (Form-10K), IREN Ltd has a total asset of $2,940, Net profit of $86
What are the key financial ratios for IREN?
IREN Ltd's Current ratio is 2.62, has a Net margin is 17.16, sales per share of $2.24.
How is IREN Ltd's revenue broken down by segment or geography?
IREN Ltd largest revenue segment is Bitcoin Mining, at a revenue of 184,087,000 in the most earnings release.For geography, Australia is the primary market for IREN Ltd, at a revenue of 184,087,000.
Is IREN Ltd profitable?
yes, according to the latest financial statements, IREN Ltd has a net profit of $86