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Iris Energy (Iris Energy) Revenue : $42.05 Mil (TTM As of Dec. 2023)


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What is Iris Energy Revenue?

Iris Energy's revenue for the three months ended in Dec. 2023 was $42.05 Mil. Its revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $42.05 Mil. Iris Energy's Revenue per Share for the three months ended in Dec. 2023 was $0.58. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $0.58.

During the past 12 months, the average Revenue per Share Growth Rate of Iris Energy was 15.90% per year. During the past 3 years, the average Revenue per Share Growth Rate was 231.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 4 years, Iris Energy's highest 3-Year average Revenue per Share Growth Rate was 231.10% per year. The lowest was 231.10% per year. And the median was 231.10% per year.


Iris Energy Revenue Historical Data

The historical data trend for Iris Energy's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Iris Energy Revenue Chart

Iris Energy Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Revenue
2.17 7.90 59.04 75.51

Iris Energy Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Jun23 Dec23
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.18 12.42 13.76 - 42.05

Competitive Comparison of Iris Energy's Revenue

For the Capital Markets subindustry, Iris Energy's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Iris Energy's Revenue Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Iris Energy's Revenue distribution charts can be found below:

* The bar in red indicates where Iris Energy's Revenue falls into.



Iris Energy Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $42.05 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Iris Energy  (NAS:IREN) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Iris Energy Revenue Related Terms

Thank you for viewing the detailed overview of Iris Energy's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Iris Energy (Iris Energy) Business Description

Traded in Other Exchanges
N/A
Address
44 Market Street, Level 12, Sydney, NSW, AUS, 2000
Iris Energy Ltd is a Bitcoin mining company. It builds, owns, and operates data centers and electrical infrastructure for the mining of Bitcoin powered by renewable energy. The company's mining operations generate revenue by earning Bitcoin through a combination of block rewards and transaction fees from the operation of its specialized computers called Application-specific Integrated Circuits and exchanging these Bitcoin for currencies such as USD or CAD on a daily basis.

Iris Energy (Iris Energy) Headlines