Financial Statements

Iris Energy Limited (IREN)


+0.04 (+1.34%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2022 2021 2020
Retained Earnings (Previous Year) -63-2-
Net Income -420-61-2
Stock Dividends 0-0-0
Dividend Paid ---
Retained Earnings -482-63-2

PPE Schedule

Year 2022 2021 2020
Gross PPE 178-
Annual Depreciation 5269013
Capital Expenditure -294-81-4
Net PPE 249178

Intangible and Goodwill Schedule

Year 2022 2021 2020
Intangible and Goodwill (Previous Year) -11
New Purchases ---
Intangible and Goodwill 111

Iris Energy Limited income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Iris Energy Limited FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.