Iris Energy Ltd

Iris Energy Ltd. operates as a Bitcoin mining company. It builds, owns and operates data centers and electrical infrastructure for the mining of Bitcoin, primarily powered by renewable energy. The company was founded by Daniel Roberts and William Roberts on November 6, 2018 and is headquartered in Sydney, Australia.

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q2 2023

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Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q1 2024

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Iris Energy Ltd. engages in operating institutional grade data centers powered by renewable energy. It operates through the Australia and North America geographical segments. The company was founded by Daniel Roberts and William Roberts on November 6, 2018, and is headquartered in Sydney, Australia.

Iris Energy Announces Monthly Investor Update for October 2022

Nasdaq-listed bitcoin miner Iris Energy Limited (NASDAQ:IREN) is poised to default on US$103mln worth of outstanding loans, according to the company's latest filing with the Securities and Exchange Commission (SEC). But given the Australian company's savvy use of special-purpose vehicles (SPVs), the bad debt is unlikely to spread to the wider corporate body.

Iris Energy poised to default on US$100mln loan

Iris Energy Limited (NASDAQ:IREN), an operator of Bitcoin mining data centers powered by renewable energy, provided a comprehensive update on its financing arrangements, as well as a recent opportunity to utilize prepayments made to Bitmain Technologies Limited. The Sydney, Australia-based sustainable bitcoin mining company noted that the group had $53 million in the bank on October 31, 2022, and no debt other than limited recourse equipment financing arrangements.

Iris Energy offers comprehensive update on financing and Bitmain prepayment

SYDNEY, Australia, Nov. 02, 2022 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (“Iris Energy” or “the Company”, and together with its subsidiaries “the Group”), a leading owner and operator of institutional-grade, highly efficient proprietary Bitcoin mining data centers powered by 100% renewable energy, today announced an update on its financing arrangements as well as a recent opportunity to utilize prepayments made to Bitmain Technologies Limited (“Bitmain”).

Financing and Bitmain Prepayment Update

Increased operating capacity to >3.7 EH/s Prince George (50MW) fully commissioned on schedule On track to achieve near-term operating capacity of 4.7 EH/s Deployment pathway to 6.0 EH/s

Iris Energy Announces Monthly Investor Update for September 2022

Iris Energy Increases Operating Capacity to >3.7 EH/s

Iris Energy Limited (NASDAQ:IREN ) Q4 2022 Earnings Conference Call September 13, 2022 5:00 PM ET Company Participants Lincoln Tan - Senior Manager, Corporate Finance Daniel Roberts - Co-Founder & Co-Chief Executive Officer Lindsay Ward - President Belinda Nucifora - Chief Financial Officer Conference Call Participants Chase White - Compass Point Trading & Research Jim Suva - Citi Research Paul Golding - Macquarie Capital Stephen Glagola - Cowen Reggie Smith - JPMorgan Joseph Vafi - Canaccord Josh Siegler - Cantor Fitzgerald Lincoln Tan Good afternoon to those of you in North America, and good morning to those of you in Australia, and welcome to the Iris Energy Earnings Conference Call for the Fiscal Year Ended June 30, 2022. My name is Lincoln Tan, Senior Manager of Corporate Finance and with me on the call today is Daniel Robert, Co-Founder and Co-CEO; Lindsay Ward, President; and Belinda Nucifora, Chief Financial Officer.

Iris Energy Limited (IREN) Q4 2022 Earnings Call Transcript

Iris Energy Reports Record Full Year FY22 Results

Prince George on track for September 2022, increasing capacity to 3.7 EH/s

Iris Energy Announces Monthly Investor Update for August 2022

SYDNEY, Australia, Aug. 31, 2022 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (“Iris Energy” or “the Company”), a leading owner and operator of institutional-grade, highly efficient proprietary Bitcoin mining data centers powered by 100% renewable energy, today announced that it will publish the Company's financial results for the full year ended June 30, 2022 on Tuesday, September 13, 2022 Eastern Time, after the market close on the Company's Investor Relations website at https://investors.irisenergy.co/news-releases.

Iris Energy to Release FY22 Results and Host Conference Call on September 13, 2022

Iris Energy Announces Monthly Investor Update for July 2022

Iris Energy Doubles Operating Capacity to >2.3 EH/s

SYDNEY, Australia, Aug. 01, 2022 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (“Iris Energy” or “the Company”), a leading owner and operator of institutional-grade, highly efficient proprietary Bitcoin mining data centers powered by 100% renewable energy, today announced that it had reached agreement with Bitmain Technologies Limited (“Bitmain”) to ship an additional 1.7 EH/s of contracted S19j Pro miners in August 2022.

Iris Energy Increases 2022 Miner Deliveries From 4.3 EH/s to 6.0 EH/s

SYDNEY, Australia, July 20, 2022 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (“Iris Energy” or “the Company”), a leading owner and operator of institutional-grade, highly efficient Bitcoin mining data centers powered by 100% renewable energy, today announced that it will be participating at the upcoming Canaccord Genuity 42nd Annual Growth Conference in Boston, Massachusetts between August 8-11, 2022.

Iris Energy to Participate at the Canaccord Genuity 42nd Annual Growth Conference in Boston

Operating guidance increased from 3.7 EH/s to 4.3 EH/s in 2022

Iris Energy Limited Announces Monthly Investor Update for June 2022

Operating Guidance Increased from 3.7 EH/s to 4.3 EH/s in 2022

Iris Energy Limited Provides Updated Operating & Capital Expenditure Guidance

Record average operating hashrate of 1,165 PH/s (+12% increase)

UPDATE -- Iris Energy Limited Announces Monthly Investor Update for May 2022

Mackenzie (1.5 EH/s) and Prince George (1.4 EH/s) remain on track for Q3 2022 Mackenzie (1.5 EH/s) and Prince George (1.4 EH/s) remain on track for Q3 2022

SYDNEY, Australia, May 16, 2022 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (“Iris Energy” or “the Company”), a leading sustainable Bitcoin miner which is building an institutional- grade infrastructure platform with 15 EH/s of operating and contracted miners (10 EH/s expected to be operational by early 2023), today announced that Ms Belinda Nucifora has been appointed as Chief Financial Officer (CFO), commencing today.

Iris Energy Announces CFO Appointment

Iris Energy Limited (NASDAQ:IREN ) Q3 2022 Earnings Conference Call May 11, 2022 5:00 PM ET Company Participants Kane Doyle - Senior Manager, Investor Relations Daniel Roberts - Co-Founder & Co-Chief Executive Officer Lindsay Ward - President Anne Hayes - Interim Vice President, Finance Conference Call Participants Paul Golding - Macquarie Capital Stephen Glagola - Cowen Joe Vafi - Canaccord Genuity Reggie Smith - JPMorgan Chase White - Compass Point Operator Thank you for standing by and welcome to the Iris Energy Limited March Quarter Earnings Conference Call. All participants are in a listen-only mode.

Iris Energy Limited (IREN) CEO Daniel Roberts on Q3 2022 Results - Earnings Call Transcript

Iris Energy Reports Third Quarter FY22 Results

Second operating site commissioned ahead of schedule at Mackenzie, BC

Iris Energy Limited Announces Monthly Investor Update for April 2022

SYDNEY, Australia, May 02, 2022 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (“Iris Energy” or “the Company”), a leading sustainable Bitcoin miner which is building an institutional-grade infrastructure platform with 15 EH/s of secured miners (10 EH/s expected to be operational by early 2023); today announced that it will publish the Company's third quarter FY22 financial results ended March 31, 2022 on Wednesday, May 11, 2022 Eastern Time, after the market close on the Company's Investor Relations website at https://investors.irisenergy.co/news-releases.

Iris Energy to Release Third Quarter FY22 Results and Host Conference Call on May 11, 2022

SYDNEY, Australia, April 13, 2022 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (“Iris Energy” or “the Company”), a leading sustainable Bitcoin miner which is building an institutional-grade infrastructure platform with 15 EH/s of secured miners (10 EH/s expected to be operational by early 2023); announced today it has increased its operating hashrate by 33% to exceed 1.1 EH/s of total installed capacity with the commissioning of the first 0.3 EH/s (9MW) at its second site, in Mackenzie, BC Canada.

Iris Energy Announces Commissioning of First 0.3 EH/s (9MW) at Mackenzie BC, Increasing Installed Capacity Above 1.1 EH/s

US$71 million equipment financing facility closed with NYDIG

News for Iris Energy Ltd Stock (IREN)