Business description: IREN Limited

IREN Limited, formerly Iris Energy Limited, is an Australia-based company, which owns and operates data centers powered by 100% renewable energy. 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, 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 200MW of operating data centers.

Number of employees: 257

Sales by Activity: IREN Limited

Fiscal Period: June 2021 (AUD) 2022 (USD) 2023 (USD) 2024 (USD) 2025 (USD)

Building and Operating Data Centre Sites for The Purpose of Bitcoin Mining

10.43M 59.04M 75.51M 189M 501M

Geographical breakdown of sales: IREN Limited

Fiscal Period: June 2021 (AUD) 2022 (USD) 2023 (USD) 2024 (USD) 2025 (USD)

Australia

- - - 184M 485M

Canada

- - - - 16.39M

North America

- - - 4.67M -

Executive Committee: IREN Limited

Manager TitleAgeSince
Chief Executive Officer 36 2018-11-05
Chief Executive Officer 42 2018-11-05
Chief Operating Officer 59 2021-10-21
Chief Tech/Sci/R&D Officer 42 2021-09-30
Human Resources Officer - 2022-06-30

Composition of the Board of Directors: IREN Limited

Director TitleAgeSince
Chairman 65 2021-08-31
Director/Board Member 41 2019-12-18
Director/Board Member 42 2018-11-05
Director/Board Member 36 2018-11-05
Director/Board Member 46 2021-10-20
Director/Board Member 53 2023-07-16

Shareholders: IREN Limited

NameEquities%Valuation
Philadelphia Trading, Inc.
6.043 %
20,078,286 6.043 % 822 M $
D.E. Shaw & Co., Inc.
3.517 %
11,684,671 3.517 % 478 M $
Citigroup Global Markets, Inc. (Broker)
2.973 %
9,878,625 2.973 % 405 M $
Situational Awareness LP
2.618 %
8,700,621 2.618 % 356 M $
Goldman Sachs Asset Management LP
2.216 %
7,362,595 2.216 % 301 M $
NameEquities%Valuation
50 %
1 50 % 41 $
50 %
1 50 % 41 $

Company details: IREN Limited

Iris Energy Ltd.

55 Market Street

2000, Sydney

+

http://www.iren.com
address IREN Limited(IREN)

Blockchain & Cryptocurrency (NEC)

Change 5d. change 1-year change 3-years change Capi.($)
+0.51%+13.30%+476.70%+1,451.49% 13.82B
+1.19%-0.86%+6.78%+212.10% 51.63B
-0.05%+8.79%+97.50%+2.70% 9.34B
+1.05%+4.75% - - 5.5B
+1.54%+10.97%+87.17% - 5.2B
+5.97%+9.38%-1.84%+1,103.23% 2.78B
+1.64%+11.44%-34.11% - 2.36B
-0.38%-13.95% - - 1.83B
Average +1.43%+5.48%+105.37%+692.38% 11.56B
Weighted average by Cap. +1.10%+3.59%+96.48%+439.57%
Trader
Investor
Global
Quality
-
ESG MSCI
-
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
14
Last Close Price
41.58USD
Average target price
80.00USD
Spread / Average Target
+92.40%

Quarterly revenue - Rate of surprise

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