← IREN Ltd
| Annual Trend | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current assets: | |||||||
| Cash and Cash Equivalents, at Carrying Value | — | — | — | — | — | $564.5m | |
| Prepaid Expense and Other Assets, Current | — | — | — | — | — | $45.9m | |
| Short-term Investments | — | — | — | — | — | $0 | |
| Cash and cash equivalents | $2.0m | $39.0m | $110.0m | $68.9m | $404.6m | $564.5m | |
| Other receivables | $331k | $793k | $23.7m | $6.5m | $29.4m | $5.3m | |
| Accounts Receivable | — | — | — | $0 | $152k | $1.6m | |
| Accrued Interest Receivable | — | — | $75k | $0 | $1.5m | $637k | |
| Cash Cash Equivalents And Short Term Investments | — | — | $110.0m | $68.9m | $411.1m | $564.5m | |
| Cash Equivalents | — | — | $0 | $30.2m | $100.0m | — | |
| Loans Receivable | — | — | $2.3m | $0 | — | — | |
| Non Current Prepaid Assets | — | — | $158.2m | $0 | $17.5m | $29.8m | |
| Other Short Term Investments | — | — | — | $0 | $6.5m | $0 | |
| Prepaid Assets | — | — | $26.6m | $13.8m | $11.9m | $45.9m | |
| Taxes Receivable | — | — | $21.3m | $4.9m | $7.8m | $17.4m | |
| Assets, Current | — | — | — | — | — | $641.2m | |
| Total current assets | $2.6m | $40.4m | $160.3m | $89.2m | $452.4m | — | |
| Property, Plant and Equipment, Net | $8.0m | $15.9m | $247.6m | $241.1m | $441.4m | $1.9b | |
| Goodwill | — | — | $634k | $0 | $0 | — | |
| Goodwill And Other Intangible Assets | — | — | $634k | $0 | — | — | |
| Operating Lease, Right-of-Use Asset | — | — | — | — | — | $1.5m | |
| Other Assets, Noncurrent | — | — | — | — | — | $486k | |
| Prepayments and other assets | $283k | $647k | $26.6m | $13.8m | $17.5m | — | |
| Right-of-use assets | $397k | $1.4m | $1.3m | $1.4m | $1.5m | — | |
| Other assets | $0 | $0 | $338k | $292k | $427k | — | |
| Additional Financial Items | |||||||
| Accounts Receivable, after Allowance for Credit Loss, Current | — | — | — | — | — | $1.6m | |
| Accrued Liabilities, Current | — | — | — | — | — | $42.4m | |
| Current Financial Assets At Fair Value Through Profit Or Loss | — | — | — | — | $6.5m | — | |
| Current Tax Liabilities Current | — | — | $1.2m | $32k | $1.4m | — | |
| Deferred Tax Assets | $0 | $911k | $2.2m | $8k | $0 | — | |
| Issued Capital | $10.3m | $10.3m | $926.6m | $965.9m | $1.8b | — | |
| Trade And Other Current Payables | — | — | $18.8m | $16.6m | $32.1m | — | |
| Financial assets at fair value through profit or loss | — | — | — | $0 | $6.5m | — | |
| Computer hardware prepayments | $0 | $75.1m | $158.2m | $68k | $239.8m | — | |
| Lease liabilities | — | — | — | $1.3m | $1.4m | — | |
| Income tax | $0 | $533k | $1.2m | $32k | $1.4m | — | |
| Employee benefits | $43k | $109k | $2.1m | $91k | $119k | — | |
| Trade and other payables | $751k | $1.1m | $18.8m | $16.6m | $32.1m | — | |
| Deferred revenue | — | — | — | $0 | $2.6m | $884k | |
| Provisions | $0 | $0 | $2.5m | $6.2m | $13.4m | — | |
| Foreign currency translation reserve | — | — | — | ($34.7m) | ($35.0m) | — | |
| Share-based payments reserve | — | — | — | $28.4m | $51.3m | — | |
| Accumulated losses | ($2.2m) | ($62.6m) | ($482.4m) | ($654.3m) | ($683.2m) | — | |
| Accumulated Depreciation | — | — | ($9.1m) | ($47.7m) | ($96.7m) | ($181.6m) | |
| Buildings And Improvements | — | — | $13.8m | $153.1m | $215.5m | $639.8m | |
| Capital Lease Obligations | — | — | $1.3m | $1.4m | $1.3m | $1.5m | |
| Cash Financial | — | — | $110.0m | $38.7m | $304.6m | — | |
| Construction In Progress | — | — | $224.5m | $14.5m | $342.8m | $240.8m | |
| Current Accrued Expenses | — | — | $5.4m | $2.9m | $4.4m | $42.4m | |
| Current Capital Lease Obligation | — | — | $81k | $192k | $289k | $404k | |
| Current Debt And Capital Lease Obligation | — | — | $60.5m | $192k | $289k | $404k | |
| Current Deferred Liabilities | — | — | — | $0 | $2.6m | $884k | |
| Current Provisions | — | — | $2.5m | $6.2m | — | — | |
| Financial Assets | — | — | — | — | $0 | $333.7m | |
| Foreign Currency Translation Adjustments | — | — | — | ($34.7m) | ($35.0m) | — | |
| Gross PPE | — | — | $416.1m | $290.2m | $779.2m | $2.1b | |
| Hedging Assets Current | — | — | — | — | $0 | $5.8m | |
| Income Tax Payable | — | — | $1.2m | $32k | $1.4m | $0 | |
| Invested Capital | — | — | $544.4m | $305.4m | $1.1b | $2.8b | |
| Investmentin Financial Assets | — | — | — | — | $0 | $0 | |
| Investments And Advances | — | — | — | — | $0 | $0 | |
| Land And Improvements | — | — | $1.8m | $1.8m | $3.6m | $13.1m | |
| Leases | — | — | $1.3m | $1.6m | $0 | $43k | |
| Long Term Capital Lease Obligation | — | — | $1.2m | $1.3m | $1.0m | $1.1m | |
| Machinery Furniture Equipment | — | — | $174.7m | $119.2m | $215.9m | $1.2b | |
| Net PPE | — | — | $407.0m | $242.5m | $682.5m | $1.9b | |
| Net Tangible Assets | — | — | $436.7m | $305.4m | $1.1b | $1.8b | |
| Non Current Deferred Assets | — | — | $2.2m | $8k | $0 | — | |
| Non Current Deferred Liabilities | — | — | $189k | $1.4m | $3.1m | $8.0m | |
| Non Current Deferred Taxes Assets | — | — | $2.2m | $8k | $0 | — | |
| Ordinary Shares Number | — | — | $53.0m | $64.7m | $186.4m | $258.1m | |
| Other Current Liabilities | — | — | — | — | $1.3m | $3.9m | |
| Other Equity Adjustments | — | — | — | — | ($35.0m) | ($30.1m) | |
| Other Equity Interest | — | — | — | $28.4m | $51.3m | — | |
| Other Non Current Assets | — | — | $338k | $292k | $427k | $486k | |
| Other Non Current Liabilities | — | — | — | — | $119k | $235k | |
| Other Payable | — | — | $197k | $2.2m | $13.7m | $20.0m | |
| Other Properties | — | — | $171.1m | $115.0m | $1.3m | $1.5m | |
| Properties | — | — | $0 | $0 | $0 | $0 | |
| Share Issued | — | — | $53.0m | $64.7m | $186.4m | $258.1m | |
| Tangible Book Value | — | — | $436.7m | $305.4m | $1.1b | $1.8b | |
| Tradeand Other Payables Non Current | — | — | — | — | $0 | $1.5m | |
| Working Capital | — | — | $75.1m | $65.2m | $401.3m | $491.8m | |
| Total non-current assets | $9.0m | $94.0m | $410.2m | $242.8m | $700.6m | $2.3b | |
| Total non-current liabilities | $0 | $13.5m | $48.0m | $2.7m | $4.7m | — | |
| Total equity | $8.8m | ($49.5m) | $437.4m | $305.4m | $1.1b | — | |
| Total Capitalization | — | — | $484.0m | $305.4m | $1.1b | $2.8b | |
| Total Debt | — | — | $108.3m | $1.4m | $1.3m | $964.2m | |
| Total Tax Payable | — | — | $3.7m | $8.4m | $1.4m | $0 | |
| Assets | — | — | $570.5m | $332.1m | $1.2b | $2.9b | |
| Total assets | $11.6m | $134.5m | $570.5m | $332.1m | $1.2b | $2.9b | |
| LIABILITIES AND EQUITY | |||||||
| Current liabilities: | |||||||
| Operating Lease, Liability, Current | — | — | — | — | — | $404k | |
| Accounts Payable, Current | — | — | $13.2m | $11.5m | $27.3m | $81.7m | |
| Operating Lease, Liability, Noncurrent | — | — | — | — | — | $1.1m | |
| Payables And Accrued Expenses | — | — | $22.5m | $22.8m | $46.9m | $144.1m | |
| Liabilities, Current | — | — | — | — | — | $149.3m | |
| Total current liabilities | $2.8m | $170.5m | $85.1m | $24.0m | $51.0m | — | |
| Deferred Income Tax Liabilities, Net | — | — | — | — | — | $8.0m | |
| Other Liabilities, Noncurrent | — | — | — | — | — | $234k | |
| Deferred Tax Liabilities | $0 | $1.6m | $189k | $1.4m | $3.1m | — | |
| Long Term Debt | — | — | $46.6m | — | — | $962.8m | |
| Long Term Debt And Capital Lease Obligation | — | — | $47.8m | $1.3m | $1.0m | $963.8m | |
| Non Current Deferred Taxes Liabilities | — | — | $189k | $1.4m | $3.1m | $8.0m | |
| Pensionand Other Post Retirement Benefit Plans Current | — | — | $2.1m | $961k | $1.3m | — | |
| Liabilities | — | — | $133.1m | $26.7m | $55.7m | $1.1b | |
| Total liabilities | $2.8m | $183.9m | $133.1m | $26.7m | $55.7m | $1.1b | |
| Stockholders’ equity: | |||||||
| Additional Paid in Capital | — | — | — | — | $51.3m | $88.7m | |
| Retained Earnings (Accumulated Deficit) | — | — | ($482.4m) | ($654.3m) | ($683.1m) | ($596.2m) | |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | — | — | — | — | — | ($30.1m) | |
| Capital Stock | — | — | $926.6m | $965.9m | $1.8b | $2.4b | |
| Gains Losses Not Affecting Retained Earnings | — | — | ($6.8m) | ($34.7m) | ($35.0m) | ($30.1m) | |
| Stockholders' Equity Attributable to Parent | — | — | — | — | — | $1.8b | |
| Total Equity Gross Minority Interest | — | — | $437.4m | $305.4m | $1.1b | $1.8b | |
| Total Non Current Liabilities Net Minority Interest | — | — | $48.0m | $2.7m | $4.3m | $973.5m | |
| Liabilities and Equity | — | — | — | — | — | $2.9b | |
| Total liabilities and equity | $11.6m | $134.5m | $570.5m | $332.1m | $1.2b | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.