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IREN (STU:F8P) Tax Rate % : -2.54% (As of Sep. 2024)


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What is IREN Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. IREN's Tax Expense for the three months ended in Sep. 2024 was €1.2 Mil. IREN's Pre-Tax Income for the three months ended in Sep. 2024 was €-45.4 Mil. Therefore, IREN's Tax Rate % for the quarter that ended in Sep. 2024 was -2.54%.


IREN Tax Rate % Historical Data

The historical data trend for IREN's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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IREN Tax Rate % Chart

IREN Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24
Tax Rate %
- -2.09 -0.65 -1.41 -13.54

IREN Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -18.32 16.93 28.68 -0.84 -2.54

IREN Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

IREN's Tax Rate % for the fiscal year that ended in Jun. 2024 is calculated as

Tax Rate %=Tax Expense (A: Jun. 2024 )/Pre-Tax Income (A: Jun. 2024 )
=3.208/-23.691
=-13.54 %

IREN's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2024 )/Pre-Tax Income (Q: Sep. 2024 )
=1.155/-45.433
=-2.54 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


IREN Tax Rate % Related Terms

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IREN Business Description

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Traded in Other Exchanges
Address
44 Market Street, Level 12, Sydney, NSW, AUS, 2000
Iris Energy Ltd is a Bitcoin mining company. It builds, owns, and operates data centers and electrical infrastructure for the mining of Bitcoin powered by renewable energy. The company's mining operations generate revenue by earning Bitcoin through a combination of block rewards and transaction fees from the operation of its specialized computers called Application-specific Integrated Circuits and exchanging these Bitcoin for currencies such as USD or CAD on a daily basis.

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