Iris Energy (Iris Energy) Pre-Tax Income : $-1.1 Mil (TTM As of Mar. 2024)

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What is Iris Energy Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Iris Energy's pretax income for the three months ended in Mar. 2024 was $12.1 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was $-1.1 Mil. Iris Energy's pretax margin was 22.45%.

During the past 4 years, Iris Energy's highest Pretax Margin was -0.82%. The lowest was -748.94%. And the median was -465.43%.

Iris Energy Pre-Tax Income Historical Data

The historical data trend for Iris Energy's Pre-Tax Income 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 Pre-Tax Income Chart

Iris Energy Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Pre-Tax Income

-2.14

-59.15

-417.05

-169.48

Iris Energy Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Dec22	Mar23	Jun23	Dec23	Mar24
Pre-Tax Income	Get a 7-Day Free Trial									-144.37	-2.73	-6.88	-6.29	12.11

Competitive Comparison of Iris Energy's Pre-Tax Income

For the Capital Markets subindustry, Iris Energy's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Iris Energy's Pre-Tax Income Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Iris Energy's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Iris Energy's Pre-Tax Income falls into.

Iris Energy Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Iris Energy's Pretax Income for the fiscal year that ended in Jun. 2023 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	-48.446	+	-105.596	+	-15.325	+	0.924	+	-1.038
	=	-169.5

Iris Energy's Pretax Income for the quarter that ended in Mar. 2024 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	6.623	+	4.114	+	-0.126	+	1.5	+	0
	=	12.1

Pre-Tax Income 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 $-1.1 Mil.

Iris Energy (NAS:IREN) Pre-Tax Income Explanation

Iris Energy's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin	=	Pretax Income	/	Revenue
	=	12.111	/	53.95
	=	22.45%

During the past 4 years, Iris Energy's highest Pretax Margin was -0.82%. The lowest was -748.94%. And the median was -465.43%.

Iris Energy Pre-Tax Income 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 » Pre-Tax Income

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.