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Iren Reports First Quarter 2025 Earnings

Simply Wall St·05/21/2025 04:05:21
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Iren (BIT:IRE) First Quarter 2025 Results

Key Financial Results

  • Revenue: €2.09b (up 34% from 1Q 2024).
  • Net income: €135.6m (up 8.0% from 1Q 2024).
  • Profit margin: 6.5% (down from 8.0% in 1Q 2024). The decrease in margin was driven by higher expenses.
  • EPS: €0.11.
Our free stock report includes 1 warning sign investors should be aware of before investing in Iren. Read for free now.
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BIT:IRE Earnings and Revenue Growth May 21st 2025

All figures shown in the chart above are for the trailing 12 month (TTM) period

Iren Earnings Insights

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 3.9% growth forecast for the Integrated Utilities industry in Europe.

Performance of the market in Italy.

The company's shares are up 7.7% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 1 warning sign for Iren you should be aware of.