- Iris Energy press release ( NASDAQ: IREN ): FY Revenue of $59M beats by $0.82M .
- Shares +5.9% .
- Cash and cash equivalents as of June 30, 2022 was $110.0 million, with no corporate debt held by the Company on its balance sheet.
- Net Loss After Tax for the period was $419.8 million for the period (vs. Net Loss After Tax of $60.4 million in the prior period), primarily attributable to a one-off non-cash mark-to-market of convertible instruments converted into equity at IPO ($418.7 million impact during the period).
For further details see:
Iris Energy reports FY results