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MARKETS / NASDAQ / ISPR
NASDAQ · CIGARETTES

Ispire Technology Inc. ISPR

4 fiscal years on record · USD · FY2024 reported · SEC filings only
$127.5M
▼ 16.1% YoY
$-39.2M
$-8.5M
In brief

What this company does

Ispire Technology is engaged in the research and development, design, commercialization, sales, marketing and distribution of branded and non-branded vaping hardware products in both the nicotine and cannabis spaces. As of September 4, 2025, it had a total of 81 employees, of which 21 are operations personnel, 46 are general management personnel, 9 are in sales and marketing, and 5 are in research and development. Its facilities are located primarily in Malaysia and the United States, where it leases more than 41,221 square feet of office, manufacturing and storage space, compared with 1,850 square feet of office space in Hong Kong, and it separately leases approximately 162,320 square feet for its manufacturing facility in Malaysia. It sells the Aspire brand of tobacco vaporizer technology products in more than 30 countries through a global network of more than 150 distributors. Its nicotine products are marketed under the Aspire brand name and sold primarily through its distribution network. Its cannabis products are marketed under the Ispire brand name, primarily on an original design manufacturer basis to other cannabis vapor companies including multi- and single-state operators, brand owners and co-packers. Ispire Technology is a Delaware corporation, incorporated on June 13, 2022.

Written from the business description in Ispire Technology Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 15 September 2025. Every sentence was checked against that document before publication.

Growth
USD 127.5M
Revenue, FY2024 · full 4-year series below
Revenue $M Net income $M
FY2024 · Revenue 127.5 · Net income -39.2
80M-20M2021202220232024
Compound annual growth
+13.1%
−49.5%
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−31 cents
lost on every revenue dollar
Operating margin Net margin
FY2024 · Operating -29.7% · Net -30.8%
-10%-20%-30%2021202220232024
ROE
FY2024 · ROE -223.8%
-100%-200%2021202220232024

Each USD of equity lost 224 cents this year.

Cash & shareholders
USD 60,488.00
returned in FY2024 · dividends + net buybacks
Free cash flow $M
FY2024 · FCF -8.5
-8M-16M2021202220232024
Net buybacks $M Dividends $M
FY2024 · Dividends — · Net buybacks 0.1
2M202120222024

USD 60,488.00 in buybacks went back to shareholders in a year without profit.

Total assetsUSD 102.2M
EquityUSD 604,694.00
CashUSD 24.4M
DepositsUSD 23.9M
Current ratio1.01×

Equity funds 1% of total assets.

The 4-year record
4 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 2024202320222021
Revenue $B0.10.20.10.1
Operating income $B−0.0−0.0−0.0−0.0
EBITDA $B−0.0−0.0−0.0−0.0
Income tax $B0.00.00.0·
Net income $B−0.0−0.0−0.0−0.0
Free cash flow $B−0.0−0.0−0.0−0.0
EPS, diluted $−0.69−0.27−0.12−0.04
Dividend / sh $····
Payout %··−56−25
ROE %−223.8−44.8−27.8−15.9
Shares out B0.060.060.050.05

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

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This company against its peers

Provenance
Company facts, as filed
How we verify · 0 failures in 20 reconciliationsAUDITED

Reconciled in 4 of 19 fiscal years. 75 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityCigarettes
Listed onNASDAQ
Incorporated innot stated in the filings
Fiscal year endsJune 30
SEC categoryemerging growth company
Data on record since2021

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