IRIS ENERGY LIMITED |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 10.53 USD | +2.53% |
|
+35.17% | +47.27% |
| Jun. 06 | Iris Energy Mines 230 Bitcoin in May; Shares Rise | MT |
| Jun. 04 | JPMorgan Adjusts Price Target on Iris Energy to $11 From $10, Maintains Overweight Rating | MT |
Valuation
| Fiscal Period: Juni | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Capitalization 1 | 177.6 | 256.2 | 1,544 | - | - |
| Enterprise Value (EV) 1 | 176 | 188.8 | 1,464 | 1,712 | 1,590 |
| P/E ratio | -0.33 x | -1.49 x | 468 x | 13.2 x | 12.8 x |
| Yield | - | - | - | - | - |
| Capitalization / Revenue | 3.01 x | 3.39 x | 8 x | 3.13 x | 1.89 x |
| EV / Revenue | 2.98 x | 2.5 x | 7.59 x | 3.47 x | 1.95 x |
| EV / EBITDA | 6.71 x | 137 x | 21.4 x | 6.42 x | 3.1 x |
| EV / FCF | - | - | -3.79 x | -160 x | 8.46 x |
| FCF Yield | - | - | -26.4% | -0.62% | 11.8% |
| Price to Book | 0.31 x | 0.84 x | 2.09 x | 2.53 x | 2.89 x |
| Nbr of stocks (in thousands) | 53,029 | 54,983 | 146,584 | - | - |
| Reference price 2 | 3.350 | 4.660 | 10.53 | 10.53 | 10.53 |
| Announcement Date | 9/13/22 | 9/13/23 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: June | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Net sales 1 | 7.556 | 59.04 | 75.51 | 192.9 | 492.7 | 815.7 |
| EBITDA 1 | - | 26.23 | 1.379 | 68.55 | 266.5 | 512.5 |
| EBIT 1 | - | 18.49 | -29.48 | 10.34 | 206.9 | 320.9 |
| Operating Margin | - | 31.32% | -39.04% | 5.36% | 42% | 39.34% |
| Earnings before Tax (EBT) 1 | - | -417 | -169.5 | 9.592 | 149.4 | 159.7 |
| Net income 1 | - | -419.8 | -171.9 | 4.334 | 129.9 | 127.8 |
| Net margin | - | -711.03% | -227.62% | 2.25% | 26.37% | 15.67% |
| EPS 2 | -0.5656 | -10.25 | -3.138 | 0.0225 | 0.8000 | 0.8200 |
| Free Cash Flow 1 | - | - | - | -386 | -10.67 | 188 |
| FCF margin | - | - | - | -200.08% | -2.17% | 23.05% |
| FCF Conversion (EBITDA) | - | - | - | - | - | 36.68% |
| FCF Conversion (Net income) | - | - | - | - | - | 147.1% |
| Dividend per Share 2 | - | - | - | - | - | - |
| Announcement Date | 10/6/21 | 9/13/22 | 9/13/23 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: Juni | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q4 | 2024 Q2 | 2024 S1 | 2024 Q3 | 2024 Q4 | 2024 S2 | 2025 Q1 | 2025 Q2 | 2025 S1 | 2025 Q3 | 2025 Q4 | 2025 S2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 20 | 15.2 | 13.47 | 14.98 | 13.8 | - | 42.05 | 76.44 | 54.35 | 63.03 | 108.8 | 86.31 | 142 | 128 | 182.7 | 212.4 | 185.9 |
| EBITDA 1 | 14.33 | 7.333 | -1.025 | -4.88 | -8 | - | 13.91 | 20.68 | 21.8 | 26.03 | 26.36 | 41.67 | 85.62 | 41.78 | 116.8 | 138.8 | 72.5 |
| EBIT 1 | 13.08 | 5.047 | -4.519 | - | -19.5 | - | 6.35 | - | 13.11 | 11.7 | - | 20.28 | 61.87 | - | 89.11 | 108.2 | - |
| Operating Margin | 65.42% | 33.2% | -33.54% | - | -141.3% | - | 15.1% | - | 24.12% | 18.57% | - | 23.5% | 43.56% | - | 48.77% | 50.95% | - |
| Earnings before Tax (EBT) 1 | 74.84 | -5.867 | 1.474 | - | -144.4 | - | -6.293 | -10.77 | 12.11 | 10.77 | -11.07 | 10.26 | 49.15 | 0.414 | 81.04 | 100.7 | 32.46 |
| Net income 1 | 71.71 | -2.678 | 1.783 | - | -144 | - | -5.228 | -10.53 | 8.638 | 8.267 | -11.07 | 10.01 | 46.15 | 0.414 | 73.14 | 89.1 | 32.46 |
| Net margin | 358.54% | -17.62% | 13.23% | - | -1,043.48% | - | -12.43% | -13.77% | 15.89% | 13.12% | -10.17% | 11.6% | 32.49% | 0.32% | 40.02% | 41.94% | 17.46% |
| EPS 2 | 1.434 | -0.0472 | -0.3300 | - | -2.715 | - | -0.0720 | -0.1502 | 0.0770 | 0.0567 | -0.1000 | 0.0650 | 0.2650 | - | 0.4150 | 0.5050 | 0.3000 |
| Dividend per Share 2 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 2/9/22 | 5/11/22 | 9/13/22 | 2/15/23 | 2/15/23 | 9/13/23 | 2/15/24 | 2/15/24 | 5/15/24 | - | - | - | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: Juni | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | 168 | 46.9 |
| Net Cash position 1 | - | 1.68 | 67.4 | 79.4 | - | - |
| Leverage (Debt/EBITDA) | - | - | - | - | 0.632 x | 0.0915 x |
| Free Cash Flow 1 | - | - | - | -386 | -10.7 | 188 |
| ROE (net income / shareholders' equity) | - | -216% | -13.1% | 0.34% | 38.9% | 66.8% |
| ROA (Net income/ Total Assets) | - | - | -10.8% | 3.26% | 16.3% | 20.4% |
| Assets 1 | - | - | 1,590 | 133 | 795.6 | 626.9 |
| Book Value Per Share 2 | - | 10.70 | 5.570 | 5.040 | 4.160 | 3.650 |
| Cash Flow per Share 2 | - | 0.4200 | 0.1100 | 0.4400 | 2.510 | 3.530 |
| Capex 1 | - | - | - | 306 | 275 | 90 |
| Capex / Sales | - | - | - | 158.63% | 55.82% | 11.03% |
| Announcement Date | 10/6/21 | 9/13/22 | 9/13/23 | - | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
BUY
Number of Analysts
7
Last Close Price
10.53
USD
Average target price
11.86
USD
Spread / Average Target
+12.60%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +47.27% | 1.54B | |
| +40.39% | 59.96B | |
| +76.65% | 10.65B | |
| +62.41% | 506M | |
| -54.28% | 446M | |
| +163.35% | 432M | |
| -51.76% | 336M | |
| -65.85% | 119M | |
| 0.00% | 118M | |
| -33.90% | 92.53M |
- Stock Market
- Equities
- IREN Stock
- Financials Iris Energy Limited
