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Ispire Technology, Inc. (ISPR)
:ISPR
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Ispire Technology, Inc.
(NASDAQ:ISPR)
Rating:49Neutral
Price Target:
$2.50
▼(-21.14% Downside)
Ispire Technology, Inc. (ISPR) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$181.72M
Dividend YieldN/A
Average Volume (3M)42.60K
Price to Earnings (P/E)―
Beta (1Y)0.89
Revenue Growth-1.69%
EPS Growth-106.13%
CountryUS
Employees98
SectorTechnology
Sector Strength88
IndustryTobacco
Share Statistics
EPS (TTM)-0.19
Shares Outstanding57,145,454
10 Day Avg. Volume63,007
30 Day Avg. Volume42,601
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market Cap0.77
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit0.03
Enterprise Value/Ebitda-0.01
Forecast
1Y Price Target
$5.00Price Target Upside57.73% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
Ispire Technology, Inc. Business Overview & Revenue Model
Company DescriptionIspire Technology Inc. manufactures e-cigarettes and cannabis vaping products. The company was founded in 2019 and is based in Los Angeles, California. Ispire Technology Inc. operates as a subsidiary of Pride Worldwide Investment Limited
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:May 12, 2025
(Q3-2025)
| % Change Since: |
Next Earnings Date:Sep 23, 2025
Earnings Call Sentiment Neutral
The earnings call highlighted significant strategic advancements, particularly in manufacturing and technology innovation. However, these positives were counterbalanced by financial challenges, including a notable revenue decline and increased expenses, resulting in an overall neutral sentiment.Q3-2025 Updates
Positive Updates
Reduction in Accounts Receivable
The company reduced accounts receivable by approximately $7.3 million, including a reduction in the underlying balance of $2.6 million, demonstrating improved financial stability.
Malaysian Manufacturing Expansion
Secured interim nicotine product manufacturing license in Malaysia, with plans to expand to 80 production lines, enhancing strategic positioning and reducing geopolitical risks.
Innovative Age-Gating System
Filed a component PMTA for a blockchain-based age-gating system with the FDA, aiming to set new industry standards for security and compliance.
Launch of Sprout Cannabis Vapor Device
Introduced Sprout, a new cannabis vapor device developed with Raw Garden, emphasizing purity and safety, available across the U.S.
New Revenue Opportunities
Strategic focus on high-quality customers and innovative technologies expected to drive new revenue streams and improve financial performance.
Negative Updates
Decline in Revenue
Total revenue decreased by 12.7% to $26.2 million, with significant declines in North America (28.9%) and Asia Pacific (21.4%).
Increased Operating Expenses
Operating expenses rose to $15.4 million, up from $11.8 million, due to higher stock-based compensation, bad debt, and restructuring costs.
Net Loss Increase
Reported a net loss of $10.9 million, compared to $5.9 million in the same period last year, indicating financial challenges.
Impact of New Tariffs
New tariffs on Chinese-made products affected revenue, particularly in North America, and necessitated renegotiation of supply agreements.
Company Guidance
During the third quarter of fiscal 2025, Ispire Technology focused on strengthening financial stability and expanding its global footprint, reporting a revenue of $26.2 million, a 12.7% decrease compared to the previous fiscal year. The company successfully reduced accounts receivable by $7.3 million to $60.4 million, reflecting improved payment terms and a focus on high-quality customers. Ispire also secured an interim nicotine product manufacturing license in Malaysia, which will expand its manufacturing capacity to 80 production lines. Gross profit for the quarter was $4.8 million, with a gross margin of 18.2%, slightly down from 20.4% the previous year. Operating expenses increased to $15.4 million, resulting in a net loss of $10.9 million or $0.19 per share. The company anticipates future growth through innovations like the blockchain-based age-gating system and new vaping products, while continuing to optimize its pricing strategy amidst changing tariff dynamics.Ispire Technology, Inc. Financial Statement Overview
Summary
Ispire Technology, Inc. shows strong revenue growth, but faces challenges in profitability and cash flow management. Despite a stable balance sheet with low leverage, the company needs to address operational inefficiencies to improve margins and cash flow.Income Statement
Ispire Technology, Inc. has shown consistent revenue growth over the years, with a notable increase from $63.4 million in 2021 to $151.9 million in 2024. However, the company is struggling with profitability, as indicated by negative EBIT and net income margins over the last three years. The gross profit margin has improved, but the negative net profit margin highlights ongoing challenges in managing operational costs.45
Neutral
Balance Sheet
The company's balance sheet shows a stable equity position, with stockholders' equity increasing from $11.8 million in 2022 to $34.5 million in 2024. The debt-to-equity ratio remains low, indicating conservative leverage. However, the equity ratio suggests a moderate reliance on liabilities. Overall, the balance sheet reflects a cautious approach to debt, but the company needs to improve asset utilization.55
Neutral
Cash Flow
Ispire Technology, Inc. has faced challenges in generating positive cash flows, with negative operating and free cash flows in recent years. The operating cash flow to net income ratio is unfavorable, indicating inefficiencies in converting sales into cash. The free cash flow growth rate is negative, highlighting the need for better cash management and operational efficiency.40
Negative
| Breakdown | TTM | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 26.31B | 151.91M | 115.61M | 88.10M | 63.41M |
| Gross Profit | 4.80B | 29.78M | 21.08M | 13.31M | 10.42M |
| EBITDA | -10.60B | -12.18M | -3.40M | -843.13K | 3.96M |
| Net Income | -16.46B | -14.77M | -6.00M | -1.87M | 2.94M |
Balance Sheet | |||||
| Total Assets | 115.73M | 122.64M | 90.69M | 100.74M | 93.86M |
| Cash, Cash Equivalents and Short-Term Investments | 23.52B | 35.07M | 49.43M | 74.48M | 85.25M |
| Total Debt | 5.22B | 3.40M | 3.91M | 347.54K | 478.11K |
| Total Liabilities | 100.94M | 88.18M | 59.32M | 88.97M | 80.11M |
| Stockholders Equity | 14.79M | 34.46M | 31.37M | 11.77M | 13.76M |
Cash Flow | |||||
| Free Cash Flow | -9.03B | -21.45M | -8.60M | -7.68M | 5.02M |
| Operating Cash Flow | -8.89B | -18.30M | -7.58M | -7.56M | 5.02M |
| Investing Cash Flow | -928.93M | 2.99M | -10.15M | -121.52K | -798.00 |
| Financing Cash Flow | 2.28M | 10.08M | -16.44M | -3.09M | -227.85K |
Ispire Technology, Inc. Technical Analysis
Positive
3.17
Price Trends
2.82
Positive
2.82
Positive
3.78
Negative
Market Momentum
0.10
Negative
61.30
Neutral
50.52
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ISPR, the sentiment is Positive. The current price of 3.17 is above the 20-day moving average (MA) of 2.87, above the 50-day MA of 2.82, and below the 200-day MA of 3.78, indicating a neutral trend. The MACD of 0.10 indicates Negative momentum. The RSI at 61.30 is Neutral, neither overbought nor oversold. The STOCH value of 50.52 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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
Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | $3.09B | 30.90 | 4.56% | 0.32% | 61.64% | 16.76% | |
70 Neutral | $1.79B | 41.50 | 26.05% | 0.29% | 4.44% | -5.94% | |
61 Neutral | $35.45B | 8.20 | -10.60% | 1.91% | 8.56% | -9.51% | |
49 Neutral | $181.72M | ― | -110.47% | ― | -1.69% | -106.13% | |
38 Underperform | $6.62M | ― | -616.13% | ― | -49.46% | 99.12% | |
38 Underperform | $4.71M | ― | -149.74% | ― | -72.92% | 85.19% | |
31 Underperform | $11.54M | ― | -88.92% | ― | -86.91% | 59.47% |
* Technology Sector Average
Performance Comparison
ISPR
Ispire Technology, Inc.
3.17
-3.89
-55.10%
XXII
22nd Century
1.79
-882.51
-99.80%
TPB
Turning Point Brands
99.26
59.57
150.09%
GNLN
Greenlane Holdings
3.25
-3,371.75
-99.90%
KAVL
Kaival Brands Innovations Group
0.98
0.36
58.06%
RLX
RLX Technology
2.53
0.87
52.41%
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.