Ispire Technology Inc. ISPR

Consumer staples SIC 2111 - Cigarettes NAICS Manufacturing › Beverage and Tobacco Product Manufacturing › Tobacco Manufacturing derived Nasdaq

are committed to delivering superior products that challenge industry norms, with the goal of delivering an unmatched customer and adult

consumer experience. In achieving this, risk reduction is central to our mission, and we aim to improve the lives of our consumers through

cutting-edge research and development. Our technology platforms look to reduce youth access to vaping products, which in turn will facilitate

our ability to provide adult consumers with the products they desire.

Last close 1.36 2026-10-23
Market cap $78.1M 2026-03-31 share count
52-week range 1.01 - 3.87

Valuation FY2025 figures against the last close

P/S0.6x
P/E—
P/FCF—
EV/EBITDA—
Dividend yield—
Diluted EPS-0.69

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021
Revenue $127.5M$151.9M$115.6M$88.1M—
Cost of revenue $104.8M$122.1M$94.8M$74.8M—
Gross profit $22.6M$29.8M$20.8M$13.3M—
R&D $363.3K$779.2K$146.1K——
SG&A $30.0M$31.1M$20.8M$8.8M—
Total operating expenses $60.5M$43.7M$25.3M$14.3M—
Operating income -$37.8M-$13.9M-$4.5M-$988.7K—
Pre-tax income -$38.0M-$13.5M-$4.8M-$803.1K—
Income tax $1.2M$1.3M$1.2M——
Net income -$39.2M-$14.8M-$6.0M-$1.9M—
EPS, basic -0.69-0.27-0.12-0.04—
EPS, diluted -0.69-0.27-0.12-0.04—
Shares, diluted (wtd. avg.) 56.9M54.8M50.7M50.0M—

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021
Cash and equivalents $24.4M$35.1M$40.3M$74.5M$85.2M
Short-term investments ——$9.1M——
Receivables $39.7M$59.7M$24.5M$8.3M—
Inventory $6.6M$6.4M$7.5M$14.6M—
Total current assets $72.9M$102.6M$84.8M$99.4M—
Property, plant and equipment $3.0M$2.6M$1.1M$114.0K—
Other intangibles $2.2M$1.4M———
Total assets $102.2M$122.6M$90.4M$100.7M—
Accounts payable $4.2M$3.8M$1.3M$290.5K—
Total current liabilities $72.5M$86.0M$55.9M$89.0M—
Total liabilities $101.6M$88.2M$58.9M$89.0M—
Retained earnings -$48.1M-$8.8M$5.9M$11.9M—
Total equity $604.7K$34.5M$31.5M$11.8M$13.8M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021
Operating cash flow -$7.4M-$18.3M-$8.5M-$7.6M—
Depreciation and amortisation $730.4K$479.1K$46.6K$10.4K—
Stock-based compensation $5.6M$6.4M———
Capital expenditure $1.1M$2.0M$1.0M$121.5K—
Investing cash flow -$5.2M$3.0M-$10.2M-$121.5K—
Financing cash flow $1.9M$10.1M-$15.6M-$3.1M—
Dividends paid ——$3.4M$469.6K—
Buybacks $60.5K————

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001213900-25-087632.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -50M 0 50M 100M 150M 200M Revenue, FY2022: 88.1M Gross profit, FY2022: 13.3M Net income, FY2022: -1.9M Revenue, FY2023: 115.6M Gross profit, FY2023: 20.8M Net income, FY2023: -6M Revenue, FY2024: 151.9M Gross profit, FY2024: 29.8M Net income, FY2024: -14.8M Revenue, FY2025: 127.5M Gross profit, FY2025: 22.6M Net income, FY2025: -39.2M FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2021FY2022FY2023FY2024FY2025
Revenue — $88.1M $115.6M $151.9M $127.5M
Gross profit — $13.3M $20.8M $29.8M $22.6M
Net income — -$1.9M -$6.0M -$14.8M -$39.2M

Recent filings and events

  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Officer or director change Item 5.02
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Shareholder vote Item 5.07
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Officer or director change Item 5.02
  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Officer or director change Item 5.02
  • Auditor changed The company changed auditors. Sometimes routine; historically one of the more reliable warnings that something is wrong. Item 4.01
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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BTI British American Tobacco p.l.c. — — —
RLX RLX Technology Inc. — — 50.3%