IREN

Iris Energy Ltd.

Halal Rating :
Uncomfortable
Last Price $11.10 Last updated:
Market Cap $1.47b
7D Change -19.16%
1 Year Change 26.28%
Company Overview Use of Interest Company Impact Justification for our Halal Rating Recent News

Company Overview

Industries
  • Finance
  • Insurance
  • And Real Estate
  • Banking
  • Financial Services
Exchange NASDAQ
Next Earnings Date Nov. 21, 2024

Iris Energy Ltd. is a sustainable Bitcoin mining company that develops, owns and operates data center infrastructure with a focus on renewable energy sources. The company operates Bitcoin mining centers powered predominantly by renewable energy, specifically hydroelectric power, in British Columbia, Canada and Texas, USA.

Use of Interest

Reporting Date Total Revenue Total Operating Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
June 30, 2024 $58.36m $88.42m $2.95m $63000.0 5.06% 0.07%
March 31, 2024 $53.95m $47.45m $1.5m $126000.0 2.78% 0.27%
Dec. 31, 2023 $42.05m $44.78m $665000.0 $30000.0 1.58% 0.07%

Company Impact

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