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Ispire Technology, Inc. (ISPR)
NASDAQ:ISPR
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Ispire Technology, Inc.
(NASDAQ:ISPR)
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Rating:41Neutral
Price Target:
$2.50
▼(-2.72% Downside)
Ispire Technology, Inc. faces significant financial challenges, including negative profitability and cash flow issues, which heavily impact its stock score. The technical analysis indicates a bearish trend, while the valuation is unattractive due to a negative P/E ratio. Despite strategic shifts and cost optimizations highlighted in the earnings call, the company's financial health remains a primary concern.
Ispire Technology, Inc. (ISPR) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$147.20M
Dividend YieldN/A
Average Volume (3M)51.92K
Price to Earnings (P/E)―
Beta (1Y)0.96
Revenue Growth-16.07%
EPS Growth-155.70%
CountryUS
Employees98
SectorTechnology
Sector Strength88
IndustryTobacco
Share Statistics
EPS (TTM)-0.26
Shares Outstanding57,277,874
10 Day Avg. Volume60,711
30 Day Avg. Volume51,917
Financial Highlights & Ratios
PEG Ratio0.00
Price to Book (P/B)0.00
Price to Sales (P/S)0.00
P/FCF Ratio0.00
Enterprise Value/Market Cap0.88
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit0.03
Enterprise Value/Ebitda-5.51
Forecast
1Y Price Target
$7.50Price Target Upside191.83% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
Ispire Technology, Inc. Business Overview & Revenue Model
Company DescriptionIspire Technology, Inc. (ISPR) is a cutting-edge technology company focused on developing innovative consumer electronics and software solutions. Operating primarily in the sectors of smart home technology and IoT (Internet of Things), Ispire offers a range of products including smart appliances, home automation systems, and cloud-based services that enhance connectivity and user experience. The company is committed to delivering high-quality, user-friendly technology that integrates seamlessly into everyday life.
How the Company Makes MoneyIspire Technology generates revenue through multiple streams including the sale of its smart home devices and appliances, subscription services for its cloud-based software, and partnerships with retailers and online marketplaces for distribution. Additionally, the company may earn income through licensing agreements for its technology and software solutions. Strategic alliances with other tech firms and service providers help expand its market reach and enhance its product offerings, contributing significantly to its revenue growth.
Ispire Technology, Inc. Earnings Call Summary
Earnings Call Date:Sep 16, 2025
(Q4-2025)
| % Change Since: |
Next Earnings Date:Nov 18, 2025
Earnings Call Sentiment Neutral
The earnings call reflected a strategic transformation for Ispire, highlighting significant steps toward focusing on the nicotine sector and cost optimization. While there were notable achievements in reducing accounts receivable and expanding in Europe and Malaysia, the company faced challenges with a decline in revenue, particularly in North America, and increased operating expenses. Overall, the company positions itself for future growth despite short-term financial setbacks.Q4-2025 Updates
Positive Updates
Strategic Shift Towards Nicotine Sector
Ispire strategically pivoted away from cannabis to focus on the higher-value nicotine sector, investing in nicotine manufacturing capabilities and scaling production in Malaysia.
Reduction in Net Accounts Receivable
The company reduced net accounts receivable by over 21% year-over-year and reduced quarter-over-quarter gross accounts receivable by $6.9 million or 9.1%.
Cost Optimization Measures
Annual expenses were reduced by a total estimated savings of $10.2 million, contributing to a more focused and agile organization.
European Revenue Growth
European revenue increased by $8.8 million or 13.6% compared to the previous year.
Advancements in Regulatory Initiatives
Progress in PMTA activities for their devices and the groundbreaking component PMTA submission by IKE Tech LLC, with potential significant regulatory impacts.
Malaysian Manufacturing Expansion
Plans to expand Malaysian operations to have capacity for up to 80 production lines, enhancing manufacturing capabilities for future growth.
Negative Updates
Revenue Decline
Total revenue for fiscal year 2025 declined from $151.9 million to $127.5 million, a decrease of $24.4 million due to the strategic shift.
North American Revenue Drop
North American revenue fell to $32.6 million from $63.1 million, mainly due to the strategic pivot away from cannabis.
Gross Profit and Margin Decrease
Gross profit declined to $22.7 million from $29.8 million, with gross margins decreasing from 19.6% to 17.8%.
Increased Operating Expenses
Operating expenses increased to $60.5 million from $43.7 million, primarily due to higher sales and marketing expenses and a rise in bad debt expense.
Company Guidance
During the Ispire Technologies earnings call for the fiscal fourth quarter and full year 2025, the company provided detailed guidance on its strategic shift and financial performance. Despite a revenue decline from $151.9 million in fiscal 2024 to $127.5 million in fiscal 2025, the company made a deliberate pivot away from the cannabis sector towards the higher-value nicotine market. This strategic move led to a 21% reduction in net accounts receivable year-over-year and a quarter-over-quarter reduction in gross accounts receivable by $6.9 million or 9.1%. Additionally, general and administrative expenses decreased from $7.6 million in Q3 2025 to $6.7 million in Q4 2025, resulting in an estimated annual savings of $10.2 million. The company also highlighted its investments in expanding Malaysian manufacturing capabilities, planning to increase production lines from 6 to 80, and emphasized its ongoing regulatory efforts with the FDA regarding its age verification technology. Looking to the future, Ispire anticipates that its international nicotine business, particularly its Original Design Manufacturer (ODM) partnerships, will drive significant revenue growth, supported by its innovative technologies like IKE Tech and G-Mesh.Ispire Technology, Inc. Financial Statement Overview
Summary
Ispire Technology, Inc. is experiencing rapid revenue growth but faces significant profitability and cash flow challenges. The high leverage and negative equity returns pose financial risks, while negative cash flows highlight operational inefficiencies. The company needs to address these issues to improve its financial health.Income Statement
Ispire Technology, Inc. has shown significant revenue growth, with a remarkable increase of 384.6% in the latest year. However, the company is struggling with profitability, as indicated by negative EBIT and net profit margins. The substantial losses in EBIT and net income highlight ongoing operational challenges.35
Negative
Balance Sheet
The company's balance sheet shows a high debt-to-equity ratio, indicating potential leverage risks. The return on equity is negative, reflecting the company's inability to generate profit from its equity base. The equity ratio is relatively low, suggesting limited financial stability.40
Negative
Cash Flow
Cash flow analysis reveals negative operating and free cash flows, indicating cash management issues. The free cash flow growth rate is negative, and the operating cash flow to net income ratio is unfavorable, suggesting inefficiencies in converting income into cash.30
Negative
| Breakdown | TTM | Dec 2025 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 26.31B | 127.49B | 151.91M | 115.61M | 88.10M | 63.41M |
| Gross Profit | 4.80B | 22.65B | 29.78M | 21.08M | 13.31M | 10.42M |
| EBITDA | -23.45M | -37.85B | -12.18M | -3.40M | -843.13K | 3.96M |
| Net Income | -5.62B | -39.24B | -14.77M | -6.00M | -1.87M | 2.94M |
Balance Sheet | ||||||
| Total Assets | 115.73M | 102.22B | 122.64M | 90.69M | 100.74M | 93.86M |
| Cash, Cash Equivalents and Short-Term Investments | 23.52B | 24.35B | 35.07M | 49.43M | 74.48M | 85.25M |
| Total Debt | 7.56M | 5.11B | 3.40M | 3.91M | 347.54K | 478.11K |
| Total Liabilities | 100.94M | 101.61B | 88.18M | 59.32M | 88.97M | 80.11M |
| Stockholders Equity | 14.79M | 604.69M | 34.46M | 31.37M | 11.77M | 13.76M |
Cash Flow | ||||||
| Free Cash Flow | -9.03B | -8.47B | -21.45M | -8.60M | -7.68M | 5.02M |
| Operating Cash Flow | -8.89B | -7.37B | -18.30M | -7.58M | -7.56M | 5.02M |
| Investing Cash Flow | -928.93M | -5.20B | 2.99M | -10.15M | -121.52K | -798.00 |
| Financing Cash Flow | 2.28M | 1.85B | 10.08M | -16.44M | -3.09M | -227.85K |
Ispire Technology, Inc. Technical Analysis
Negative
2.57
Price Trends
2.92
Negative
2.80
Negative
3.47
Negative
Market Momentum
-0.09
Positive
36.55
Neutral
8.18
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ISPR, the sentiment is Negative. The current price of 2.57 is below the 20-day moving average (MA) of 2.99, below the 50-day MA of 2.92, and below the 200-day MA of 3.47, indicating a bearish trend. The MACD of -0.09 indicates Positive momentum. The RSI at 36.55 is Neutral, neither overbought nor oversold. The STOCH value of 8.18 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for ISPR.
Ispire Technology, Inc. Risk Analysis
Ispire Technology, Inc. disclosed 47 risk factors in its most recent earnings report. Ispire Technology, Inc. reported the most risks in the "Legal & Regulatory" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Ispire Technology, Inc. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | $3.06B | 30.54 | 3.45% | 0.30% | 61.64% | 16.76% | |
70 Neutral | $1.74B | 40.44 | 19.97% | 0.30% | 4.44% | -5.94% | |
41 Neutral | $147.20M | ― | -223.84% | ― | -16.07% | -155.70% | |
39 Underperform | $5.26M | ― | -97.61% | ― | -72.92% | 85.19% | |
38 Underperform | $6.16M | ― | -285.04% | ― | -49.46% | 99.12% | |
31 Underperform | $5.47M | -0.52 | ― | ― | -88.85% | 68.28% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% |
* Technology Sector Average
ISPR
Ispire Technology, Inc.
2.56
-3.81
-59.81%
XXII
22nd Century
1.69
-516.53
-99.67%
TPB
Turning Point Brands
98.86
56.42
132.94%
GNLN
Greenlane Holdings
3.93
-3,281.07
-99.88%
KAVL
Kaival Brands Innovations Group
0.43
-0.57
-57.00%
RLX
RLX Technology
2.63
0.85
47.75%
Ispire Technology, Inc. Corporate Events
Executive/Board ChangesShareholder Meetings
Ispire Technology Holds Annual Stockholders Meeting
Neutral
Jun 26, 2025
Ispire Technology Inc. held its Annual Meeting of Stockholders on June 24, 2025, where 49,588,338 shares were represented. During the meeting, stockholders elected five directors for a one-year term and ratified the appointment of Marcum Asia LLP as the independent registered public accounting firm for the fiscal year ending June 30, 2025.
The most recent analyst rating on (ISPR) stock is a Buy with a $12.50 price target. To see the full list of analyst forecasts on Ispire Technology, Inc. stock, see the ISPR Stock Forecast page.
Product-Related AnnouncementsBusiness Operations and StrategyRegulatory Filings and Compliance
Ispire Technology Secures Malaysian License for Nicotine Products
Positive
May 23, 2025
On May 22, 2025, Ispire Technology Inc. announced it received an interim license from the Malaysian Government for manufacturing nicotine products, marking it as the only company with full authorization for export, import, and production in Malaysia. This approval allows Ispire to immediately begin manufacturing and marketing its nicotine products in Malaysia, significantly expanding its production capabilities and strategically positioning itself as a leading international provider of vaping hardware.
The most recent analyst rating on (ISPR) stock is a Buy with a $9.00 price target. To see the full list of analyst forecasts on Ispire Technology, Inc. stock, see the ISPR Stock Forecast page.
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.