IREN Ltd reports January 2025 operations update

Published 06/02/2025, 14:51
Updated 06/02/2025, 14:53
IREN Ltd reports January 2025 operations update

SYDNEY – IREN Limited, a finance services company specializing in crypto assets with a market capitalization of $2.37 billion, has disclosed its operational results for January 2025. The company’s stock has shown remarkable performance, delivering a 188% return over the past year. The update, filed with the SEC on Thursday, details the company’s performance and business developments.

The company, formerly known as Iris Energy Ltd (NASDAQ:IREN) and Iris Energy Pty Ltd, with its principal executive office located in Sydney, NSW, operates under the SEC file number 001-41072. The report follows the SEC’s Form 6-K requirements for foreign private issuers, which mandates monthly updates.

IREN Limited’s update, dated today, includes information regarding its results from the previous month. According to InvestingPro data, the company maintains impressive gross profit margins of 88% and has achieved substantial revenue growth of 120% in the last twelve months. The document serves as a factual statement of the company’s recent activities and does not provide any forward-looking statements or marketing material.

In compliance with SEC regulations, IREN Ltd has provided this information to keep its stakeholders and the public informed of its current business status. The report is available for review in its entirety in the Exhibit Index of the SEC filing.

This news article is based on a press release statement from IREN Limited and does not contain any opinions or recommendations. It is intended to provide a straightforward summary of the key facts from the company’s latest SEC filing. Investors should note that IREN’s next earnings report is scheduled for February 12, 2025. For deeper insights into IREN’s financial health and growth prospects, InvestingPro offers comprehensive analysis with 15+ additional ProTips and a detailed Pro Research Report.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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