IREN
IREN Limited
There isn't enough reported data to score IREN yet.
JONE
Jones Ventures Intl Acquisition1
There isn't enough reported data to score JONE yet.
IREN Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Weak | |
| N/A | |
| N/A |
IREN's revenue and profitability are currently under pressure. Free cash flow and net leverage aren't meaningful measures for financial services companies like IREN.
JONE Fundamentals
| Metric | Status |
|---|---|
| Unavailable | |
| Weak | |
| N/A | |
| N/A |
JONE's profitability is currently weak. There isn't enough data to rate its revenue. Free cash flow and net leverage aren't meaningful measures for financial services companies like JONE.
IREN PE Valuation
IREN has no meaningful PE right now: it lost money over the past year.
JONE PE Valuation
JONE has no meaningful PE right now: it lost money over the past year.
IREN Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses growing | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect IREN's losses to grow, with revenue growing. However, they disagree widely on these estimates.
JONE Forward outlook
There aren't enough analyst estimates for JONE to show an outlook.
IREN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$3.96 | -347% |
| Q2 2026 | -$2.22 | -988% |
| Q1 2026 | $0.51 | +$1.10 |
| Q4 2025 | $1.18 | +$1.62 |
| Q3 2025 | $1.60 | +$1.99 |
| Q2 2025 | $0.25 | +$0.45 |
| Q1 2025 | -$0.59 | -$0.43 |
| Q4 2024 | -$0.44 | -$0.15 |
JONE has the stronger earnings trend. Trailing diluted EPS is down 347% for IREN versus JONE down 129%.
JONE Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2018 | -$1.25 | +$3.04 |
| Q1 2018 | -$3.01 | +$0.92 |
| Q4 2017 | -$2.75 | +$0.50 |
| Q3 2017 | -$4.71 | -$2.79 |
| Q2 2017 | -$4.29 | -$3.54 |
| Q1 2017 | -$3.93 | -$3.12 |
| Q4 2016 | -$3.25 | -$1.94 |
| Q3 2016 | -$1.92 | -264% |
JONE lost $1.25 per share over the past year, a smaller loss than the year before.
IREN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $228M | -5.1% |
| Q2 2026 | $137.2M | -27% |
| Q1 2026 | $144.8M | 0% |
| Q4 2025 | $184.7M | +59% |
| Q3 2025 | $240.3M | +355% |
| Q2 2025 | $187.3M | +230% |
| Q1 2025 | $144.8M | +168% |
| Q4 2024 | $116.1M | +176% |
IREN has the stronger quarterly revenue trend. Revenue is down 5.1% for IREN versus down 100% for JONE.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -82% | -50 points |
| Q2 2026 | -452% | -461 points |
| Q1 2026 | -161% | -180 points |
| Q4 2025 | -63% | -79 points |
| Q3 2025 | -32% | +57 points |
| Q2 2025 | 9% | +49 points |
| Q1 2025 | 19% | +8 points |
| Q4 2024 | 15% | +21 points |
IREN's operating margin was −82% last quarter, down 50 points from the same quarter a year ago.
JONE Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q4 2018 | $53.9M | -1.1% |
| Q3 2018 | $59.7M | +35% |
| Q2 2018 | $65.3M | +34% |
| Q1 2018 | $57.5M | +39% |
| Q4 2017 | $54.5M | +38% |
| Q3 2017 | $44.2M | +33% |
| Q2 2017 | $48.6M | +67% |
| Q1 2017 | $41.2M | +59% |
JONE's revenue has slid since its 2014 peak: $0 last quarter, down 100% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q4 2018 | -2506% | -2494 points |
| Q3 2018 | -11% | +13 points |
| Q2 2018 | -7.5% | +376 points |
| Q1 2018 | -15% | +18 points |
| Q4 2017 | -12% | +46 points |
| Q3 2017 | -24% | +38 points |
| Q2 2017 | -383% | -292 points |
| Q1 2017 | -33% | +99 points |
JONE's operating margin was −2506% last quarter, down 2494 points from the same quarter a year ago, near the bottom of its range since 2013.
IREN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$1.6B | -$1.6B |
| Q2 2026 | $482.2M | +2895% |
| Q1 2026 | -$873.8M | -$523.1M |
| Q4 2025 | -$468M | -$334M |
| Q3 2025 | -$38M | +$349.4M |
| Q2 2025 | $16.1M | +$179M |
| Q1 2025 | -$350.7M | -$128.7M |
| Q4 2024 | -$134M | -$105.2M |
JONE has the stronger cash trend. Its trailing FCF is down 103% versus its history, compared with IREN at down 479%.
JONE Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q4 2018 | $18.8M | +7% |
| Q3 2018 | -$1.8M | -109% |
| Q2 2018 | $7.2M | -6.1% |
| Q1 2018 | $39.6M | +195% |
| Q4 2017 | $17.6M | +65% |
| Q3 2017 | $19.8M | +127% |
| Q2 2017 | $7.7M | -29% |
| Q1 2017 | $13.4M | +$18.1M |
JONE's free cash flow was −$2M over the past year, against $84M the year before. Free cash flow isn't a meaningful measure for financial services companies like JONE.
IREN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +26% | +82.4M shares |
| 1 year | +10% | +36.9M shares |
| 3 years | +511% | +333M shares |
| 5 years | +624% | +344M shares |
| Available history | +2346% | +382M shares |
IREN has the edge over JONE on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | — |
| Q4 2023 | — |
| Q3 2023 | — |
JONE Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +1.3% | +1.2M shares |
| 1 year | +44% | +28.3M shares |
| 3 years | +299% | +69.1M shares |
JONE has 92M diluted shares, up 44% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | $35.2M |
| Q4 2018 | $35.2M |
| Q3 2018 | $54.4M |
| Q2 2018 | $83M |
| Q1 2018 | $231.1M |
| Q4 2017 | $14M |
| Q3 2017 | $776,000 |
| Q2 2017 | $2.5M |
IREN Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q1 2026 | 157.6x | High |
| Q4 2025 | 22.2x | High |
| Q3 2025 | 4.1x | High |
| Q2 2025 | 2.0x | Moderate |
| Q1 2025 | 3.3x | Elevated |
| Q4 2024 | -4.6x | Net Cash |
| Q3 2024 | -16.7x | Net Cash |
| Q2 2024 | -15.9x | Net Cash |
IREN's net debt is more than 20 years of its operating earnings (EBITDA), up from 3.3 years a year ago. Net leverage isn't a meaningful measure for financial services companies like IREN.
JONE Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2018 | 7.6x | High |
| Q2 2018 | 8.7x | High |
| Q1 2017 | 20.6x | High |
| Q4 2016 | 9.2x | High |
| Q3 2016 | 4.2x | High |
| Q2 2016 | 2.9x | Moderate |
| Q1 2016 | 2.7x | Moderate |
| Q4 2015 | 3.4x | Elevated |
JONE's net debt is about 7.6 years of its operating earnings (EBITDA), up from 4.2 years a year ago. Net leverage isn't a meaningful measure for financial services companies like JONE.
IREN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 33.3 | Neutral |
| Stochastic | 8.2 | Oversold |
IREN's weekly RSI is 33 (neutral) and its Stochastic is 8 (oversold).
JONE Weekly Momentum
As of the close on Nov 12, 2026: $9.84.
IREN PE vs Financial Services Sector
| Metric | IREN | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 13x | — |
IREN has no meaningful PE right now: it lost money over the past year.
JONE PE vs Financial Services Sector
JONE has no meaningful PE right now: it lost money over the past year.
IREN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $29.8 | 35% below |
| 20 week MA | $36.2 | 46% below |
| 50 week MA | $42.8 | 54% below |
| 100 week MA | $32.0 | 39% below |
| 200 week MA | $19.1 | 2.1% above |
JONE has stronger trend alignment. IREN is above 1 of 5 weekly averages versus JONE above 1 of 1.
JONE Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $9.83 | 0.1% above |
JONE is in an uptrend: it's above all one of its weekly moving averages, and 0.1% above its 8-week average.
IREN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $24.8 | $17.2 | -31% |
| 2022 | $17.2 | $1.19 | -93% |
| 2023 | $1.19 | $7.15 | +501% |
| 2024 | $7.15 | $10.7 | +50% |
| 2025 | $10.7 | $40.3 | +276% |
| 2026 YTD | $40.3 | $19.5 | -52% |
IREN's yearly returns have swung widely, from +501% in 2023 to −93% in 2022. It's down 52% so far in 2026.
JONE Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2026 YTD | $9.82 | $9.84 | +0.2% |
JONE has the edge over IREN on returns for 2026, with the stronger performance.