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IR1
Materials

Iris Metals

Short interest
0.01%
+0.01 pp 30d
as of 18 Aug 2026
Reported shorts
18.5K
Shares on issue
288.411M

Iris Metals (IR1) financials

Results, ratios and statements

Latest result

Year to 31 Mar 2026 (FY26) vs FY25, figures in AUD, the reporting currency

Revenue
n/avs n/a (FY25)
NPAT
−$22.3Mvs −$5.6M (FY25)
Yahoo Finance, as at 14 Oct 2026
EPS (diluted)
−$0.10vs −$0.037 (FY25)
Yahoo Finance, as at 14 Oct 2026
Rev YoY
n/aFY
EPS YoY
n/aTTM

Summary of FY26 - Audited Financial Statements and Annual Report, 29 Jun 2026

IRIS Metals Limited reported a net loss of $22.28 million for the year ended 31 March 2026, a significant increase from the $5.62 million loss in the prior year, primarily due to asset impairments and higher corporate and administrative costs. No dividend was declared. Looking ahead, the company will focus on advancing its lithium exploration in South Dakota and tungsten project in Montana, while discontinuing exploration on the Tin Mountain and Edison projects due to economic viability concerns.

Automated summary of the filing; the filing itself is the record.

Key ratios

Latest period; no balance sheet aligned with this period; prices to 14 Oct 2026

Gross margin
n/a
Operating margin
n/a
Net margin
n/a
FCF margin
n/a
ROE
n/a
ROA
n/a
FCF conversion
n/a
Net debt (excl. leases)
n/a
Net debt / EBITDA
n/a
Current ratio
n/a
Interest cover
n/a
Cash dividends paid / net profit
n/a
Market cap
$23.6M
P/E
n/a
P/B
n/a

Ratios use the reporting currency; market cap is in AUD. Source: not stated.

Financial statements

Figures in AUD, the reporting currency; Yahoo Finance unless marked

IR1 income, newest period first, figures in AUD
Line itemFY26FY25FY24FY23
Operating income−$22.0M−$5.6M−$17.4M−$12.1M
EBITDA−$22.2M−$5.6M−$17.3M−$12.1M
EBIT−$22.3M−$5.6M−$17.3M−$12.1M
Interest expense$751n/a$19.3Kn/a
Pretax income−$22.3M−$5.6M−$17.3M−$12.1M
Tax$0$0$0$0
NPAT−$22.3M−$5.6M−$17.3M−$12.1M
Net interest income$17.6K$62.3K$115.9Kn/a
EPS basic−$0.10−$0.037−$0.13−$0.13
EPS diluted−$0.10−$0.037−$0.13−$0.13
Shares284.3M176.6M139.0M100.6M