IREN Limited owns and operates bitcoin mining data centers. It also provides high performance computing solutions, including Al cloud services. The company was formerly known as Iris Energy Limited and changed its name to IREN Limited in November 2024. IREN Limited was incorporated in 2018 and is headquartered in Sydney, Australia.
The Company will provide Shareholders with the opportunity to attend and participate in the virtual AGM through an online meeting platform, where Shareholders will be able to listen, submit written questions and vote online.
The following persons were Directors of Iris Energy Limited during the financial year and at the date of this report: Mr. Daniel Roberts (Executive Director and Co-CEO) (Appointed 6 November 2018) Prior to Iris Energy, Mr. Roberts worked at Palisade Investment Partners, an infrastructure funds management business based in Sydney. Mr.
SYDNEY, AUSTRALIA, February 15, 2024 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (together with its subsidiaries, "Iris Energy" or "the Company"), a leading owner and operator of next-generation data centers powered by 100% renewable today reported its financial results for the three and six-months ended December 31, 2023.
Iris Energy Limited is committed to expanding access to clean energy for the benefit of people and the planet, while understanding our role in curbing global temperature rise to 1.5C by 2050. We engineer sustainable energy transfer solutions to save the environmental costs of constructing fixed infrastructure in marine environments to allow for
Iris Energy Limited Mine delivers everything you need to become a miner. Your daily profits are delivered to your account just like your electricity fees. You could buy new machines or withdraw your coins any time in seconds.
Iris Energy Limited is the ultimate parent entity. Interests in subsidiaries are set out in note 28. Disclosures relating to key management personnel are set out in note 35. Other than those disclosed in note 35, there were no transactions with related parties during the current and previous financial year.
The Group’s statutory tax rate is determined by the parent entity’s statutory tax rate. Iris Energy Limited is the ultimate parent entity incorporated in Australia. For the year ended 30 June 2021, Iris Energy Limited was considered a Base Rate Entity (‘BRE’) under Australian tax legislation with a statutory tax rate of 26%.
“FY22 was a transformational year for Iris Energy where we continued to deliver on our plan to significantly expand our operations beyond our first site in Canal Flats (BC, Canada) that has been operating since 2019.
(1) The functional currency of Iris Energy Limited is AUD. For the purposes of consistent presentation in the financial statements the parent entity is reported in USD. The foreign currency translation reserve balance arises on translation of AUD denominated equity balances at historical cost.
For the year ended 30 June 2021, Iris Energy Limited was considered a Base Rate Entity (‘BRE’) under Australian tax legislation with a statutory tax rate of 26%. For the year ended 30 June 2022, the Group’s aggregated turnover exceeded the BRE threshold of $34,474,000 (A$50,000,000) and is therefore subject to a statutory tax rate of 30%. 9.
We are deeply committed to excellence in all our endeavors.
Since we maintain control over our products, our customers can be assured of nothing but the best quality at all times.