Iris Energy (Iris Energy) Other Income (Expense) : $2.3 Mil (TTM As of Mar. 2024)

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What is Iris Energy Other Income (Expense)?

Iris Energy's other income expense for the Iris Energy's pretax income for the three months ended in Mar. 2024 was $4.1 Mil. Its other income expense for the trailing twelve months (TTM) ended in Mar. 2024 was $2.3 Mil.

Iris Energy Other Income (Expense) Historical Data

The historical data trend for Iris Energy's Other Income (Expense) 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 Other Income (Expense) Chart

Iris Energy Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Other Income (Expense)

-0.35

-42.36

-382.89

-105.60

Iris Energy Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Dec22	Mar23	Jun23	Dec23	Mar24
Other Income (Expense)	Get a 7-Day Free Trial									-116.53	9.45	2.44	-4.22	4.11

Iris Energy Other Income (Expense) Calculation

Other income expense includes minority interest. Minority interest is a significant but non-controlling ownership of less than 50% of a company's voting shares by either an investor or another company.

Other Income (Expense) for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.3 Mil.

Iris Energy (NAS:IREN) Other Income (Expense) Explanation

Minority interest is reported on the consolidated income statement as a share of profit belonging to minority shareholders.

Iris Energy (Iris Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Iris Energy Ltd (NAS:IREN) » Definitions » Other Income (Expense)

Comparable Companies

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.