IREN Limited
Foreign stocks · NASDAQ · Technology · Crypto mining and AI data centres
Runs renewable-energy data centres for Bitcoin mining and rents out GPU computing power for AI work; revenue comes from both crypto mining and AI cloud services
Investors in Thailand can buy IREN through 8 mutual funds open to retail investors. Most of them (8 funds) don't buy the stock themselves. Instead they invest in a master fund abroad, which in turn holds IREN.
| Fund | IREN weight | How it invests | 1-year return |
|---|---|---|---|
 ASP-DAPP 3M5Asset Plus Digital Transformation Fund 3M5 | 5.91% | Via DAPP | −40.79% |
 DAOL-DAPPDAOL DIGITAL TRANSFORMATION FUND | 5.90% | Via DAPP | −42.51% |
| ASP-DIGIBLOCRMFAsset Plus Digital Blockchain RMF Fund | 5.50% | Via several master funds | −47.10% |
| ASP-DIGIBLOC-SSFAsset Plus Digital Blockchain Super Savings Fund | 5.47% | Via several master funds | −47.33% |
| ASP-DIGIBLOCAsset Plus Digital Blockchain Fund | 5.36% | Via several master funds | −46.67% |
 LHGBLOCK-ALH GLOBAL BLOCKCHAIN FUND | 4.55% | Via several master funds (VanEck Digital Transformation) | −47.86% |
| DAOL-OSHOPDAOL ONLINE SHOPPING AND PAYMENT FUND | 2.50% | Via several master funds (VanEck Digital Transformation, VANECK RETAIL, AMPLIFY ONLINE RETAIL) | −21.69% |
| DAOL-CYBERDAOL NEXT GENERATION INTERNET FUND | 2.39% | Via several master funds | −22.25% |
Yearly average over the last 3 years · Latest annual sales 707.0M USD
For every 100 dollars of sales, about −99 dollars is left as net profit
Per year, relative to the share price · Tech stocks tend to pay little because they reinvest their profits
Now 71.6% below its 1-year high
| Item (USD) | FY2023 | FY2024 | FY2025 | FY2026 |
|---|---|---|---|---|
| Total revenue | 76.0M USD | 187.0M USD | 501.0M USD | 707.0M USD |
| Gross profit | 36.0M USD | 100.0M USD | 342.0M USD | 487.0M USD |
| Operating profit | −157.0M USD | −27.0M USD | 17.0M USD | −1.0B USD |
| Net profit | −172.0M USD | −29.0M USD | 87.0M USD | −703.0M USD |
| EPS (diluted) | −0.63 | −0.10 | 0.39 | −2.22 |
| Gross margin | 47.4% | 53.5% | 68.3% | 68.9% |
| Operating margin | −206.6% | −14.4% | 3.4% | −148.1% |
| Net margin | −226.3% | −15.5% | 17.4% | −99.4% |
| Operating cash flow | 6.0M USD | 52.0M USD | 246.0M USD | 2.1B USD |
| Free cash flow | −110.0M USD | −90.0M USD | −328.0M USD | −898.0M USD |
| Total assets | N/A | 1.2B USD | 2.9B USD | 15.8B USD |
| Total liabilities | N/A | 55.0M USD | 1.1B USD | 11.6B USD |
| Shareholders' equity | N/A | 1.1B USD | 1.8B USD | 4.2B USD |
| Period | SMA | EMA | Price vs line |
|---|---|---|---|
| 10 days | 25.05 | 25.18 | Below |
| 20 days | 28.06 | 28.33 | Below |
| 50 days | 36.68 | 34.18 | Below |
| 100 days | 39.77 | 38.47 | Below |
| 200 days | 43.88 | 40.31 | Below |
| Indicator | Value | Signal |
|---|---|---|
| RSI(14) | 31.23 | Down |
| MACD(12,26) | −4.11 | Down |
| ADX(14) | 41.79 | Neutral |
| ATR(14) % of price | 7.97 | Neutral |
The many funds holding less than 3% are usually index funds holding at market weight · Funds holding more than 8% have deliberately chosen a large position
ASSETFUND4DAOLINV3LHFUND1| Fund | IREN weight | Master fund | 1-year return | TER |
|---|---|---|---|---|
| ASP-DAPP 3M5 | 5.91% | DAPP | −40.79% | 5.17% |
| DAOL-DAPP | 5.90% | DAPP | −42.51% | 1.97% |
| ASP-DIGIBLOCRMF | 5.50% | several master funds | −47.10% | 3.09% |
| ASP-DIGIBLOC-SSF | 5.47% | several master funds | −47.33% | 3.37% |
| ASP-DIGIBLOC | 5.36% | several master funds | −46.67% | 2.87% |
| LHGBLOCK-A | 4.55% | several master funds (VanEck Digital Transformation) | −47.86% | 2.22% |
| DAOL-OSHOP | 2.50% | several master funds (VanEck Digital Transformation, VANECK RETAIL, AMPLIFY ONLINE RETAIL) | −21.69% | 1.62% |
| DAOL-CYBER | 2.39% | several master funds | −22.25% | 1.97% |
| Master fund | Thai funds using this route | Master fund's IREN weight |
|---|---|---|
| several master funds | 4 | 5.50% |
| VanEck Digital Transformation ETF | 2 | 5.91% |
| several master funds (VanEck Digital Transformation) | 1 | 4.55% |
| several master funds (VanEck Digital Transformation, VANECK RETAIL, AMPLIFY ONLINE RETAIL) | 1 | 2.50% |
