Iris Energy (Iris Energy) Ending Cash Position : $259.7 Mil (As of Mar. 2024)

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What is Iris Energy Ending Cash Position?

Iris Energy's Ending Cash Position for the quarter that ended in Mar. 2024 was $259.7 Mil.

Iris Energy's quarterly Ending Cash Position declined from Jun. 2023 ($68.9 Mil) to Dec. 2023 ($0.0 Mil) but then increased from Dec. 2023 ($0.0 Mil) to Mar. 2024 ($259.7 Mil).

Iris Energy's annual Ending Cash Position increased from Jun. 2021 ($39.0 Mil) to Jun. 2022 ($110.0 Mil) but then declined from Jun. 2022 ($110.0 Mil) to Jun. 2023 ($68.9 Mil).

Iris Energy Ending Cash Position Historical Data

The historical data trend for Iris Energy's Ending Cash Position 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 Ending Cash Position Chart

Iris Energy Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Ending Cash Position

1.96

38.99

109.97

68.89

Iris Energy Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Dec22	Mar23	Jun23	Dec23	Mar24
Ending Cash Position	Get a 7-Day Free Trial									-	33.15	68.89	-	259.70

Iris Energy Ending Cash Position Calculation

Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. It is equal to the Beginning Cash Position plus the Net Change in Cash.

Iris Energy's Ending Cash Position for the fiscal year that ended in Jun. 2023 is calculated as

Ending Cash Position	=	Beginning Cash Position	+	Net Change in Cash
	=	109.97	+	-41.076
	=	68.9

Iris Energy's Ending Cash Position for the quarter that ended in Mar. 2024 is calculated as

Ending Cash Position	=	Beginning Cash Position	+	Net Change in Cash
	=	116.95	+	142.745
	=	259.7

Iris Energy Ending Cash Position Related Terms

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Iris Energy (Iris Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Iris Energy Ltd (NAS:IREN) » Definitions » Ending Cash Position

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Traded in Other Exchanges

F8P:Germany

Address

44 Market Street, Level 12, Sydney, NSW, AUS, 2000

Website

https://www.irisenergy.co

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.