SYDNEY, Australia, Feb. 15, 2024 (GLOBE NEWSWIRE) — Iris Energy Limited
(USD$m)Dec 31, 2023Sep 30, 20232) Electricity costs net of realized gain on financial asset was $(16.6)m in 2Q FY24 and $(16.4)m in 1Q FY24. Realized gain on financial asset represents unaudited power credits (primarily driven by voluntary curtailment) earned under hedge contracts.
3) Unrealized loss on financial asset represents the change in the fair value of the financial asset recorded in relation to electricity purchased for future usage periods.
4) Other expense items include one-off professional fees including legal fees.^{23456
(GlobeNewsWire)}