Ispire Technology Inc. (ISPR)

From the record

Ispire Technology Inc.'s filings since 2022 show 9 warning events of 3 kinds: a warning not to rely on past financial statements (8-K item 4.02, 3 times, the latest 2024-09-18); an auditor change (8-K item 4.01, 4 times, the latest 2025-02-21); a late-report notice (Form NT 10-K or NT 10-Q, 2 times, the latest 2024-09-13) (its current reports).

From the record

Ispire Technology Inc.'s 5 filed years say what it did: revenue went from $88 million in fiscal 2022 to $96 million in fiscal 2026, up 2.2% a year; it rose in 2 of 4 years; the deepest fall was 37% from fiscal 2024 to fiscal 2026; net income was positive in 0 of 5 of those years (its annual reports).

From the record

Return on equity: in the fiscal year ended 2026-06-30, Ispire Technology Inc.'s shareholders' equity was below zero, so the profit on it is not read, and gross profitability: its products earned about 19 cents per dollar of everything the company owns. Leverage: it owed about 145 cents per dollar of assets, and net share issuance: its share count grew 0.8% over the year (the filed statements).

From the record

Ispire Technology Inc.'s standing among 6 graded names in its industry family: revenue of $96 million in fiscal 2026 ranks in the bottom 30% by size; a net margin of -34.6% ranks in the bottom 8%; revenue growth of -6% a year over the last 3 filed years ranks in the bottom 25% (its annual reports).

From the record

Ispire Technology Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Wang, Michael Xue (Co-Chief Executive Officer, as filed), filing under that title since 2023-09-06, 3.2 years (top 50% of its family); most of the 5 officers and directors filing now have filed since the record of its people begins (2023-04-05), a floor of 3.6 years the record cannot see past, so that part is not read; 7 officer or director changes were reported on Form 8-K since 2023-11-13, against the 5 people in charge now (bottom 30%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Ispire Technology Inc.'s room to grow, from the newest filed statements (fiscal 2026): cash of $19 million against no long-term debt tagged leaves 30.1% of its assets as net cash, top 8% of its family; cash from operations less capital spending is -0.9% of revenue (bottom 25%); a gross margin of 12.8% (bottom 10%); research spending of 0.1% of revenue (bottom 8%) (its annual report).

From the record

Ispire Technology Inc.'s growth drivers, from the filed years to fiscal 2026: revenue grew -6% a year over the last three filed years against 2.2% over all 5, slowing (bottom 25% of its family); the newest year grew -24.7% (bottom 25%); research spending grew -17.8% a year (bottom 25%); capital spending grew -33.1% a year (bottom 25%) (its annual reports). Ispire Technology Inc. reported 2 product lines in fiscal 2026: Tobacco Vaping Products at $80 million (83%), Cannabis Vaping Products at $16 million (17%); 0 of 2 grew against the year before (its annual report).

From the record

Ispire Technology Inc.'s newest year against its own record: revenue of $96 million in fiscal 2026 came in 28.3% below the $134 million its prior three years' pace pointed to (bottom 10% of its family); net income of $33 million against a prior three-year average of $20 million (bottom 10%); a net margin of -34.6% against -15.2% before (bottom 10%) (its annual reports).