IREN
Valuation Ratios
| Breakdown | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|
| Price to Earnings | 43.27 | -38.93 | -1.48 | -0.33 |
| Price to Sales | 7.51 | 6.01 | 3.38 | 2.32 |
| Book Value Per Common Share | 7.04 | 5.89 | 4.72 | 8.25 |
| Price to Book | 2.07 | 1.92 | 0.99 | 0.41 |
| Price to Operating Cash Flow | 15.29 | 21.54 | 44.55 | -3.66 |
| Price to Free Cash Flow | -3.34 | -2.63 | -2.31 | -0.41 |
| Enterprise Value to EBITDA | 131636.01 | 838233.61 | 110093.29 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Price to Earnings | 33.05 | 21.26 | 55.36 | 109.11 | -31.26 |
| Price to Sales | 52.87 | 20.08 | 9.20 | 17.80 | 30.27 |
| Book Value Per Common Share | 10.17 | 7.04 | 6.35 | 6.02 | 5.73 |
| Price to Book | 4.62 | 2.07 | 0.96 | 1.63 | 1.47 |
| Price to Operating Cash Flow | 89.24 | ||||
| Price to Free Cash Flow | -91.89 | 76.40 | -2.71 | -6.96 | -4.12 |
| Enterprise Value to EBITDA | 198197.95 | 245584.03 | 161612.55 | 325939.43 |
Earnings Data
| Breakdown | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|
| Earning YoY | ||||
| Revenue YoY | 167.65 | 147.91 | 27.90 | |
| EBITDA YoY | 1038.13 | |||
| Net Profit YoY |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Earning YoY | 107.18 | 523.09 | 22.22 | ||
| Revenue YoY | 28.30 | 29.32 | 24.69 | 120.12 | |
| EBITDA YoY | 337.41 | 81.04 | 31.49 | ||
| Net Profit YoY | 302.54 | 294.38 | 28.33 |
Financial Strength
| Breakdown | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|
| Cash Per Common Share | 2.19 | 4.13 | 1.26 | 2.69 |
| Quick Ratio | 3.95 | 8.63 | 3.14 | 1.57 |
| Current Ratio | 4.29 | 8.86 | 3.72 | 1.88 |
| Debt to Equity | 0.62 | 0.05 | 0.09 | 0.30 |
| Long-Term Debt to Equity | 0.54 | 0.00 | 0.01 | 0.11 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Cash Per Common Share | 3.81 | 2.19 | 0.90 | 2.16 | 0.52 |
| Quick Ratio | 5.24 | 3.95 | 0.39 | 0.86 | 0.84 |
| Current Ratio | 5.52 | 4.29 | 0.46 | 0.94 | 1.09 |
| Debt to Equity | 0.48 | 0.62 | 0.40 | 0.44 | 0.13 |
| Long-Term Debt to Equity | 0.41 | 0.54 | 0.01 | 0.01 | 0.01 |
Profitability
| Breakdown | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|
| ROA | 2.96 | -2.51 | -51.74 | -73.58 |
| ROE | 4.78 | -2.64 | -56.27 | -95.98 |
| Gross Margin | 68.27 | 43.87 | 27.97 | 87.38 |
| Operating Margin | 20.87 | -13.55 | -202.93 | 14.22 |
| EBITDA Margin | 57.02 | 13.41 | -162.31 | 27.33 |
| Net Profit Margin | 17.35 | -15.45 | -227.56 | -711.03 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| ROA | 9.01 | 3.25 | 1.22 | 1.02 | -4.04 |
| ROE | 13.37 | 5.26 | 1.70 | 1.47 | -4.58 |
| Gross Margin | 62.95 | 26.95 | 94.85 | 93.99 | 30.03 |
| Operating Margin | 243.28 | 47.87 | 25.64 | 24.22 | -95.52 |
| EBITDA Margin | 278.74 | 81.76 | 58.40 | 55.38 | -31.21 |
| Net Profit Margin | 160.06 | 51.01 | 16.73 | 16.25 | -97.99 |
Dividends
| Breakdown | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|
| Dividend Yield | ||||
| Dividend Payout Ratio |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Dividend Yield | |||||
| Dividend Payout Ratio |
Financial Statements
| Breakdown | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 |
|---|---|---|---|---|---|
| Assets | 2,940,323.00 | 1,152,819.00 | 332,074.00 | 570,460.00 | 0 |
| Current Assets | 641,173.00 | 452,385.00 | 89,230.00 | 160,254.00 | 0 |
| Cash and Short-Term Investments | 564,526.00 | 411,131.00 | 68,894.00 | 109,970.00 | 0 |
| Cash and Cash Equivalents | 564,526.00 | 404,601.00 | 68,894.00 | 109,970.00 | 0 |
| Short-Term Investments | 0 | 6,530.00 | 0 | 0 | 0 |
| Net Receivables | 24,983.00 | 29,366.00 | 6,543.00 | 23,654.00 | 0 |
| Inventory | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 51,664.00 | 11,888.00 | 13,793.00 | 26,630.00 | 0 |
| Non-Current Assets | 2,299,150.00 | 700,434.00 | 242,844.00 | 410,206.00 | 0 |
| Property, Plant, Equipment Net | 1,935,100.00 | 682,549.00 | 242,544.00 | 406,999.00 | 0 |
| Goodwill | 0 | 0 | 0 | 634.00 | 659.00 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Non-Current Deferred Assets | 0 | 0 | 8.00 | 2,235.00 | 911.00 |
| Other Non-Current Assets | 0 | 0 | 0 | 0 | 0 |
| Liabilities | 1,122,835.00 | 55,348.00 | 26,713.00 | 133,098.00 | 0 |
| Current Liabilities | 149,347.00 | 51,072.00 | 24,001.00 | 85,106.00 | 0 |
| Payables and Expenses | 144,115.00 | 46,883.00 | 22,848.00 | 22,486.00 | 0 |
| Account Payables | 81,747.00 | 27,345.00 | 11,544.00 | 13,230.00 | 0 |
| Current Accrued Liabilities | 42,368.00 | 4,407.00 | 2,893.00 | 5,386.00 | 0 |
| Short-Term Debt | 404.00 | 289.00 | 192.00 | 60,484.00 | 0 |
| Other Current Liabilities | 4,828.00 | 3,900.00 | 961.00 | 2,136.00 | 0 |
| Non-Current Liabilities | 973,488.00 | 4,276.00 | 2,712.00 | 47,992.00 | 0 |
| Long-Term Debt | 963,828.00 | 1,032.00 | 1,256.00 | 47,803.00 | 0 |
| Other Non-Current Liabilities | 9,660.00 | 3,244.00 | 1,456.00 | 189.00 | 0 |
| Equity | 1,817,488.00 | 1,097,471.00 | 305,361.00 | 437,362.00 | 0 |
| Shareholders Equity | 1,817,488.00 | 1,097,471.00 | 305,361.00 | 437,362.00 | 0 |
| Capital Stock | 2,355,056.00 | 1,764,289.00 | 965,857.00 | 926,581.00 | 0 |
| Share Premium | 88,672.00 | 51,286.00 | 0 | 0 | 0 |
| Retained Earnings | -596,167.00 | -683,110.00 | -654,276.00 | -482,405.00 | 0 |
| Treasury Shares | 0 | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | -30,073.00 | -34,994.00 | -34,655.00 | -6,814.00 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
| Debt | 964,232.00 | 1,321.00 | 1,448.00 | 108,287.00 | 0 |
| Net Debt | 398,239.00 | 0 | 0 | 0 | 43,824.00 |
| Common Shares Outstanding | 258,103.21 | 186,367.69 | 64,747.48 | 53,028.87 | 0 |
| Breakdown | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|
| Revenues | 501,023.00 | 187,192.00 | 75,509.00 | 59,037.00 |
| Cost Of Revenue | 158,992.00 | 105,074.00 | 54,388.00 | 7,448.00 |
| Interest Income | 7,504.00 | 5,831.00 | 924.00 | 79.00 |
| Interest Expense | 11,045.00 | 98.00 | 16,207.00 | 425,441.00 |
| Non-Interest Expense | 127,215.00 | 50,027.00 | 33,183.00 | 26,073.00 |
| Gross Profit | 342,031.00 | 82,118.00 | 21,121.00 | 51,589.00 |
| Operating Expenses | 319,909.00 | 109,395.00 | 69,679.00 | 51,127.00 |
| Selling, General and Administrative Expenses | 127,215.00 | 50,027.00 | 33,183.00 | 26,073.00 |
| Other Operating Expenses | 2,315.00 | 6,508.00 | 4,971.00 | 14,844.00 |
| Operating Income | 22,122.00 | -27,277.00 | -48,558.00 | 462.00 |
| Net Non-Operating Income | 817.00 | 108.00 | 3,137.00 | 12.00 |
| EBT | 93,501.00 | -25,467.00 | -169,437.00 | -417,046.00 |
| Income Tax | 6,560.00 | 3,453.00 | 2,390.00 | 2,724.00 |
| Net Income Including Non-Controlling Interests | 86,941.00 | -28,920.00 | -171,827.00 | -419,770.00 |
| Net Income | 86,941.00 | -28,920.00 | -171,827.00 | -419,770.00 |
| EBIT | 104,546.00 | -25,369.00 | -153,230.00 | 8,395.00 |
| Deprecation and Amortization | 181,136.00 | 50,470.00 | 30,673.00 | 7,741.00 |
| EBITDA | 285,682.00 | 25,101.00 | -122,557.00 | 16,136.00 |
| EPS | 0.00 | -0.00 | -0.00 | -0.01 |
| Diluted EPS | 0.00 | -0.00 | -0.00 | -0.01 |
| Average Shares Outstanding Basic | 258,103.21 | 99,640.92 | 54,775.57 | 40,941.07 |
| Average Shares Outstanding Diluted | 258,103.21 | 99,640.92 | 54,775.57 | 40,941.07 |
| Breakdown | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|
| Operating Cash Flow | 245,886.00 | 52,219.00 | 5,729.00 | -37,480.00 |
| Operating Net Income | 86,941.00 | -28,920.00 | -171,827.00 | -419,770.00 |
| Deprecation and Amortization | 181,136.00 | 50,470.00 | 30,673.00 | 7,741.00 |
| Deferred Income Tax | 0 | 0 | 0 | 0 |
| Share Based Compensation | 42,642.00 | 23,636.00 | 14,356.00 | 13,896.00 |
| Change in Working Capital | -5,436.00 | 11,364.00 | 9,662.00 | 4,213.00 |
| Other Operating Activities | -59,397.00 | -4,331.00 | 122,865.00 | 356,440.00 |
| Investing Cash Flow | -1,380,487.00 | -498,466.00 | -71,467.00 | -259,078.00 |
| Capital Expenditure | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of PPE | -1,361,455.00 | -479,866.00 | -83,576.00 | -294,207.00 |
| Net Purchase/Sale of Investments Net | 470.00 | 0 | 18,395.00 | 0 |
| Net Purchase/Sale of Business | 0 | 0 | -1,214.00 | 0 |
| Other Investing Activities | -19,502.00 | -18,600.00 | -5,072.00 | 35,129.00 |
| Financing Cash Flow | 1,294,735.00 | 782,626.00 | 28,558.00 | 372,038.00 |
| Net Issuance/Repayment of Debt | 701,211.00 | 0 | -9,432.00 | 53,074.00 |
| Net Issuance/Repurchase of Equity | 602,681.00 | 783,572.00 | 39,252.00 | 215,331.00 |
| Dividends Paid | 0 | 0 | 0 | 0 |
| Other Financing Activities | -9,157.00 | -946.00 | -1,262.00 | 103,633.00 |
| Net Change in Cash | 160,134.00 | 336,379.00 | -37,182.00 | 75,480.00 |
| Cash at Beginning of Period | 404,601.00 | 68,894.00 | 109,970.00 | 38,990.00 |
| Cash at End of Period | 564,526.00 | 404,601.00 | 68,894.00 | 109,970.00 |
| Free Cash Flow | -1,126,741.00 | -427,690.00 | -110,335.00 | -331,727.00 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|---|---|
| Assets | 4,267,374.00 | 2,940,323.00 | 1,989,755.00 | 1,852,082.00 | 1,281,211.00 | 0 |
| Current Assets | 1,123,940.00 | 641,173.00 | 255,911.00 | 525,193.00 | 158,789.00 | 0 |
| Cash and Short-Term Investments | 1,032,263.00 | 564,526.00 | 196,033.00 | 455,573.00 | 98,589.00 | 0 |
| Cash and Cash Equivalents | 1,032,263.00 | 564,526.00 | 184,333.00 | 427,273.00 | 98,589.00 | 0 |
| Short-Term Investments | 0 | 0 | 11,700.00 | 28,300.00 | 0 | 6,530.00 |
| Net Receivables | 35,492.00 | 24,983.00 | 21,013.00 | 26,459.00 | 23,918.00 | 0 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 56,185.00 | 51,664.00 | 38,865.00 | 43,161.00 | 36,282.00 | 0 |
| Non-Current Assets | 3,143,434.00 | 2,299,150.00 | 1,733,844.00 | 1,326,889.00 | 1,122,422.00 | 0 |
| Property, Plant, Equipment Net | 2,116,861.00 | 1,935,100.00 | 1,674,307.00 | 1,247,150.00 | 1,098,917.00 | 0 |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 34,717.00 | 56,017.00 | 0 | 0 |
| Non-Current Deferred Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Liabilities | 1,391,207.00 | 1,122,835.00 | 564,188.00 | 565,811.00 | 151,663.00 | 0 |
| Current Liabilities | 203,745.00 | 149,347.00 | 553,107.00 | 559,045.00 | 146,039.00 | 0 |
| Payables and Expenses | 192,722.00 | 144,115.00 | 198,122.00 | 165,320.00 | 139,600.00 | 0 |
| Account Payables | 70,938.00 | 81,747.00 | 172,272.00 | 144,564.00 | 120,757.00 | 0 |
| Current Accrued Liabilities | 91,251.00 | 42,368.00 | 4,574.00 | 999.00 | 0 | 4,407.00 |
| Short-Term Debt | 400.00 | 404.00 | 322,843.00 | 318,595.00 | 368.00 | 0 |
| Other Current Liabilities | 10,623.00 | 4,828.00 | 32,142.00 | 75,130.00 | 6,071.00 | 0 |
| Non-Current Liabilities | 1,187,462.00 | 973,488.00 | 11,081.00 | 6,766.00 | 5,624.00 | 0 |
| Long-Term Debt | 965,232.00 | 963,828.00 | 1,232.00 | 1,313.00 | 2,232.00 | 0 |
| Other Non-Current Liabilities | 222,230.00 | 9,660.00 | 9,849.00 | 5,453.00 | 3,392.00 | 0 |
| Equity | 2,876,167.00 | 1,817,488.00 | 1,425,567.00 | 1,286,271.00 | 1,129,548.00 | 0 |
| Shareholders Equity | 2,876,167.00 | 1,817,488.00 | 1,425,567.00 | 1,286,271.00 | 1,129,548.00 | 0 |
| Capital Stock | 2,965,588.00 | 2,355,056.00 | 2,092,508.00 | 1,985,104.00 | 1,843,183.00 | 0 |
| Share Premium | 157,666.00 | 88,672.00 | 0 | 0 | 0 | 51,286.00 |
| Retained Earnings | -211,556.00 | -596,167.00 | -691,836.00 | -716,056.00 | -734,938.00 | 0 |
| Treasury Shares | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | -35,531.00 | -30,073.00 | -45,074.00 | -45,116.00 | -33,143.00 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt | 965,632.00 | 964,232.00 | 324,075.00 | 319,908.00 | 2,600.00 | 0 |
| Net Debt | 0 | 398,239.00 | 138,147.00 | 0 | 0 | 0 |
| Common Shares Outstanding | 282,876.30 | 258,103.21 | 224,458.89 | 213,504.99 | 197,129.48 | 0 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Revenues | 240,295.00 | 187,292.00 | 144,823.00 | 116,143.00 | 52,764.00 |
| Cost Of Revenue | 89,037.00 | 136,822.00 | 7,464.00 | 6,985.00 | 36,921.00 |
| Interest Income | 7,128.00 | 1,703.00 | 1,926.00 | 1,587.00 | 2,289.00 |
| Interest Expense | 9,280.00 | -3,140.00 | 7,868.00 | 6,253.00 | 22.00 |
| Non-Interest Expense | 126,871.00 | 93,254.00 | 11,457.00 | 17,015.00 | 18,812.00 |
| Gross Profit | 151,258.00 | 50,470.00 | 137,359.00 | 109,158.00 | 15,843.00 |
| Operating Expenses | 211,393.00 | 33,665.00 | 109,462.00 | 92,842.00 | 56,820.00 |
| Selling, General and Administrative Expenses | 126,871.00 | 93,254.00 | 11,457.00 | 17,015.00 | 18,812.00 |
| Other Operating Expenses | -3,828.00 | -132,313.00 | 50,557.00 | 35,758.00 | 2,779.00 |
| Operating Income | -60,135.00 | 16,805.00 | 27,897.00 | 16,316.00 | -40,977.00 |
| Net Non-Operating Income | 0 | 0 | 3,275.00 | 341.00 | 5.00 |
| EBT | 575,298.00 | 92,788.00 | 29,267.00 | 21,874.00 | -50,421.00 |
| Income Tax | 190,687.00 | -2,758.00 | 5,040.00 | 2,996.00 | 1,282.00 |
| Net Income Including Non-Controlling Interests | 384,611.00 | 95,546.00 | 24,227.00 | 18,878.00 | -51,703.00 |
| Net Income | 384,611.00 | 95,546.00 | 24,227.00 | 18,878.00 | -51,703.00 |
| EBIT | 584,578.00 | 89,648.00 | 37,135.00 | 28,127.00 | -50,399.00 |
| Deprecation and Amortization | 85,226.00 | 63,481.00 | 47,448.00 | 36,198.00 | 33,931.00 |
| EBITDA | 669,804.00 | 153,129.00 | 84,583.00 | 64,325.00 | -16,468.00 |
| EPS | 0.00 | 0.00 | 0.00 | 0.00 | -0.00 |
| Diluted EPS | 0.00 | 0.00 | 0.00 | 0.00 | -0.00 |
| Average Shares Outstanding Basic | 270,696.73 | 258,103.21 | 218,659.83 | 210,470.19 | 189,262.45 |
| Average Shares Outstanding Diluted | 361,680.59 | 258,103.21 | 229,105.79 | 221,031.70 | 189,262.45 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Operating Cash Flow | 142,353.00 | 0 | 0 | 0 | 0 |
| Operating Net Income | 384,611.00 | 0 | 0 | 0 | 0 |
| Deprecation and Amortization | 85,226.00 | 0 | 0 | 0 | 0 |
| Deferred Income Tax | 0 | 0 | 0 | 0 | 0 |
| Share Based Compensation | 72,405.00 | 0 | 0 | 0 | 0 |
| Change in Working Capital | 239,537.00 | 0 | 0 | 0 | 0 |
| Other Operating Activities | -639,426.00 | 0 | 0 | 0 | 0 |
| Investing Cash Flow | -280,877.00 | -674,476.00 | -301,639.00 | -17,235.00 | -337,562.00 |
| Capital Expenditure | 0 | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of PPE | -280,611.00 | -356,670.00 | -442,152.00 | -179,753.00 | -382,880.00 |
| Net Purchase/Sale of Investments Net | 0 | 0 | 0 | 0 | 49,575.00 |
| Net Purchase/Sale of Business | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 0 | 0 | 0 | 0 | 0 |
| Financing Cash Flow | 606,137.00 | 646,273.00 | 107,000.00 | 456,793.00 | 84,669.00 |
| Net Issuance/Repayment of Debt | 0 | 389,914.00 | -126.00 | 311,522.00 | -99.00 |
| Net Issuance/Repurchase of Equity | 618,912.00 | 262,551.00 | 107,606.00 | 147,753.00 | 84,771.00 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | 0 | -6,192.00 | -480.00 | -2,482.00 | -3.00 |
| Net Change in Cash | 467,613.00 | 378,889.00 | -242,651.00 | 330,279.00 | -306,383.00 |
| Cash at Beginning of Period | 564,526.00 | 184,333.00 | 427,273.00 | 98,589.00 | 404,601.00 |
| Cash at End of Period | 1,032,263.00 | 564,526.00 | 184,333.00 | 427,273.00 | 98,589.00 |
| Free Cash Flow | -138,258.00 | 49,220.00 | -491,816.00 | -296,841.00 | -387,304.00 |