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Upturn AI SWOT - About
Iris Energy Ltd (IREN)
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Upturn Advisory Summary
04/01/2025: IREN (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type Stock | Historic Profit -20.24% | Avg. Invested days 27 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.33B USD | Price to earnings Ratio - | 1Y Target Price 20.77 |
Price to earnings Ratio - | 1Y Target Price 20.77 | ||
Volume (30-day avg) 14031700 | Beta 3.65 | 52 Weeks Range 4.15 - 15.92 | Updated Date 04/1/2025 |
52 Weeks Range 4.15 - 15.92 | Updated Date 04/1/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.3 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Geography
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -17.93% | Operating Margin (TTM) 27.35% |
Management Effectiveness
Return on Assets (TTM) -1.15% | Return on Equity (TTM) -6.15% |
Valuation
Trailing PE - | Forward PE 3.74 | Enterprise Value 1197658790 | Price to Sales(TTM) 4.67 |
Enterprise Value 1197658790 | Price to Sales(TTM) 4.67 | ||
Enterprise Value to Revenue 4.22 | Enterprise Value to EBITDA 17.38 | Shares Outstanding 218936992 | Shares Floating 204556828 |
Shares Outstanding 218936992 | Shares Floating 204556828 | ||
Percent Insiders 6.43 | Percent Institutions 46.17 |
Analyst Ratings
Rating 4.5 | Target Price 20.45 | Buy 2 | Strong Buy 8 |
Buy 2 | Strong Buy 8 | ||
Hold 2 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Iris Energy Ltd
Company Overview
History and Background
Iris Energy Ltd is a sustainable Bitcoin mining company focused on operating data centers powered by 100% renewable energy. Founded in 2018, it aims to build a long-term business with a focus on sustainability and operational excellence. Iris Energy is an Australian company whose stock is publicly traded in the U.S. on the NASDAQ exchange.
Core Business Areas
- Bitcoin Mining: Operating and developing high-performance data centers for Bitcoin mining, powered by renewable energy sources.
Leadership and Structure
Daniel Roberts (Co-Founder & Co-Chief Executive Officer), Benjamin (Ben) Stackaruk (Co-Founder & Co-Chief Executive Officer). Organized in a traditional corporate structure with a board of directors and executive management team.
Top Products and Market Share
Key Offerings
- Bitcoin Mining: The primary service is Bitcoin mining, generating revenue from block rewards and transaction fees. Revenue fluctuates based on Bitcoin price and network hash rate. Market share is growing, but the space is competitive, with competitors like Marathon Digital (MARA), Riot Platforms (RIOT), and CleanSpark (CLSK).
Market Dynamics
Industry Overview
The Bitcoin mining industry is highly competitive and cyclical, heavily influenced by Bitcoin prices, regulatory changes, and technological advancements in mining hardware. The industry faces increasing scrutiny regarding energy consumption and environmental impact.
Positioning
Iris Energy is positioned as a sustainable Bitcoin miner, differentiating itself through its commitment to 100% renewable energy. This provides a competitive advantage for environmentally conscious investors and customers.
Total Addressable Market (TAM)
The global cryptocurrency mining hardware market is expected to grow significantly, reaching billions of dollars. Iris Energy is positioned to capture a portion of this TAM with its focus on sustainable mining practices. The Bitcoin network's total market value is a reasonable proxy for its TAM.
Upturn SWOT Analysis
Strengths
- 100% Renewable Energy Powered Operations
- Focus on Operational Efficiency
- Strong Management Team
- Scalable Infrastructure
Weaknesses
- High Dependence on Bitcoin Price
- Relatively Small Market Capitalization Compared to Peers
- Limited Diversification of Revenue Streams
Opportunities
- Expansion of Mining Capacity
- Strategic Partnerships with Renewable Energy Providers
- Development of New Data Center Technologies
- Increased Institutional Investment in Bitcoin
Threats
- Bitcoin Price Volatility
- Increased Regulatory Scrutiny
- Rising Energy Costs
- Competition from Larger Mining Companies
- Halving Events reducing Bitcoin mining rewards
Competitors and Market Share
Key Competitors
- MARA
- RIOT
- CLSK
- Hut 8
- BITF
Competitive Landscape
Iris Energy differentiates itself through its commitment to renewable energy. However, it faces intense competition from larger, more established players with greater financial resources and operational scale.
Major Acquisitions
Growth Trajectory and Initiatives
Historical Growth: Growth has been driven by the expansion of mining capacity and the increase in Bitcoin prices. However, growth is volatile and dependent on market conditions.
Future Projections: Future growth is projected to come from continued expansion of mining capacity, improved operational efficiency, and potential diversification into other cryptocurrency mining.
Recent Initiatives: Recent initiatives include securing additional renewable energy sources and expanding data center infrastructure.
Summary
Iris Energy is a Bitcoin mining company with a strong commitment to renewable energy, differentiating itself in a competitive market. Its financial performance is highly dependent on Bitcoin prices, creating volatility. The company needs to effectively manage its operational costs and navigate regulatory challenges for long-term success. Further, focusing on scaling in times when bitcoin prices increase may create additional value for the company and shareholders.
Similar Companies
- MARA
- RIOT
- CLSK
- HUT
- BITF
Sources and Disclaimers
Data Sources:
- Company reports, market research reports, financial news sources.
Disclaimers:
The information provided is for informational purposes only and does not constitute financial advice. Investment decisions should be made based on individual research and consultation with a qualified financial advisor. Market share data is approximate and based on publicly available information.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Iris Energy Ltd
Exchange NASDAQ | Headquaters Sydney, NSW, Australia | ||
IPO Launch date 2021-11-17 | Co-Founder, Co-CEO & Director Mr. William Roberts | ||
Sector Financial Services | Industry Capital Markets | Full time employees 144 | Website https://iren.com |
Full time employees 144 | Website https://iren.com | ||
IREN Limited owns and operates bitcoin mining data centers. It also provides high performance computing solutions, including Al cloud services. The company was formerly known as Iris Energy Limited and changed its name to IREN Limited in November 2024. IREN Limited was incorporated in 2018 and is headquartered in Sydney, Australia.
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