Ispire Technology Inc. Reports Financial Results for Fiscal Third Quarter 2025
- Accounts Receivable Decreased from $67.7M to $60.4M Improving Company Financial Position Post-Quarter End, IKE Tech Filed PMTA with the FDA for its Age-Gating Joint Venture Component with IKE Launched SproutTM in Collaboration with Raw Garden, an Advanced All-In-One Cannabis Vapor Device Ensuring Purity and Safety LOS ANGELES , May 12, 2025 /PRNewswire/ -- Ispire Technology Inc. ( NASDAQ: ISPR ) ("Ispire," the "Company," "we," "us," or "our"), an innovator in vaping technology and precision dosing, today reported financial results for the third quarter of fiscal 2025, for the three months ending March 31, 2025. Fiscal Third Quarter 2025 Financial Results Revenue of $26.2 million versus $30.0 million for the third quarter of fiscal 2024.
- 05/12/2025
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Ispire Technology Inc. (ISPR) Reports Q3 Loss, Lags Revenue Estimates
- Ispire Technology Inc. (ISPR) came out with a quarterly loss of $0.19 per share versus the Zacks Consensus Estimate of a loss of $0.12. This compares to loss of $0.11 per share a year ago.
- 05/09/2025
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Ispire Technologies Inc. Schedules Fiscal Third Quarter 2025 Earnings Conference Call
- LOS ANGELAS, May 7, 2025 /PRNewswire/ -- Ispire Technology Inc. ("Ispire" or the "Company") (NASDAQ: ISPR), a trailblazer in vaping technology and precision dosing, announced today that it will host its earnings conference call at 8:00am ET on Monday, May 12, 2025, to discuss the Company's financial results for the fiscal third quarter ended March 31, 2025. To listen to the conference call, please dial in using the information below.
- 05/07/2025
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Ispire Technology Advances Vapor Safety and Compliance With First-Ever FDA PMTA Filing for Blockchain-Powered Age-Gating System
- Ispire's Strategic Investment in IKE Tech Positions Company at Forefront of Vapor Innovation, Youth Prevention and Regulatory Readiness LOS ANGELES , May 1, 2025 /PRNewswire/ -- Ispire Technology Inc. ("Ispire" or the "Company") (NASDAQ: ISPR), a trailblazer in vaping technology and precision dosing, announced that IKE Tech LLC ("IKE Tech") , a joint venture that includes Ispire as a founding partner, has filed a component Pre-Market Tobacco Product Application (PMTA) and Tobacco Product Master File (TPMF) with the U.S. Food and Drug Administration (FDA) for its Bluetooth Low Energy (BLE) System-on-a-Chip. This filing marks a historic first: a complete PMTA submission for a standalone, interoperable, blockchain-enabled age-verification component, designed for universal integration across all Electronic Nicotine Delivery Systems (ENDS) devices.
- 05/01/2025
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IKE Tech Unveils Breakthrough Study Demonstrating 100% Effectiveness of First-Ever Blockchain-Based Age-Gating System for Electronic Nicotine Delivery Systems (ENDS)
- Clinical results confirm biometric BLE Bluetooth chip and blockchain-based app successfully prevent underage use Study validates next-gen approach to digital safeguards for ENDS manufacturers, setting a new standard for safety, compliance, and adult consumer control LOS ANGELES , April 24, 2025 /PRNewswire/ -- Ispire Technology Inc. ( NASDAQ: ISPR ) joint venture , IKE Tech LLC ("IKE Tech") , a leading innovator in the intersection of Internet of Things (IoT), identity verification (IDV) and tokenization technology has announced results from a multi-center Human Factors Validation Study evaluating its Bluetooth Low Energy (BLE) System. The IKE System is the first interoperable biometric blockchain-based platform designed to control access to electronic nicotine delivery systems (ENDS).
- 04/24/2025
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Ispire Technology Inc. to Participate in the Planet MicroCap Showcase on April 23, 2025
- LOS ANGELES , April 9, 2025 /PRNewswire/ -- Ispire Technology Inc. ( NASDAQ: ISPR ) ("Ispire," the "Company," "we," "us," or "our"), an innovator in vaping technology and precision dosing, announced that the Company will participate in the Planet MicroCap Showcase, taking place from April 22-24, 2025 at the Paris Hotel and Casino in Las Vegas, Nevada. Jim McCormick, Chief Financial Officer, will present live on Wednesday, April 23, 2025, at 9:30am PST / 12:30pm EST on Track 5 – Concorde A.
- 04/09/2025
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Ispire Technology Inc. Unveils Sprout™: The Future of All-in-One Vape Technology
- Ultra-Pure, Ultra-Compact, and Engineered for the Ultimate Vaping Experience in Partnership with Raw Garden LOS ANGELES , March 11, 2025 /PRNewswire/ -- Ispire Technology Inc. ( Nasdaq: ISPR ), a global leader in vape technology and precision dosing, announced it is setting a new benchmark in the cannabis vape industry with the launch of the Sprout™, an advanced all-in-one cannabis vapor device designed for purity, performance, and safety. Developed through a partnership with Raw Garden , Sprout™ is specifically designed to optimize the nuances and intricacies of sophisticated cannabis oil while eliminating common industry flaws like plastic degradation, clogged airflow and inconsistent heating—ensuring an experience as clean as the plant itself.
- 03/11/2025
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Ispire Technology Inc. to Participate in the 37th Annual ROTH Conference on March 16-18, 2025
- LOS ANGELES , March 10, 2025 /PRNewswire/ -- Ispire Technology Inc. ( NASDAQ: ISPR ) ("Ispire," the "Company," "we," "us," or "our"), an innovator in vaping technology and precision dosing, today announced its participation in the 37th Annual ROTH Conference to be held on March 16-18, 2025 in Dana Point, California. Ispire's Co-CEO, Michael Wang, will participate in a fireside chat on Tuesday, March 18, 2025, at 1:00pm PST / 4:00pm EST.
- 03/10/2025
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Raw Garden Introduces Sprout™ Vape, Pioneering Terpene-Safe Plastic for Cannabis Hardware
- SANTA BARBARA, Calif., March 06, 2025 (GLOBE NEWSWIRE) -- Raw Garden, California's leader in clean cannabis for over a decade, has developed a Terpene-Safe solution for the all-new Sprout ™ all-in-one cannabis vape.
- 03/06/2025
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Ispire Technology Inc. to Participate in Webull Corporate Webinar Series on February 18, 2025
- LOS ANGELES , Feb. 12, 2025 /PRNewswire/ -- Ispire Technology Inc. ( NASDAQ: ISPR ) ("Ispire," the "Company," "we," "us," or "our"), an innovator in vaping technology and precision dosing, today announced that Michael Wang, Co-Chief Executive Officer, will present at the Webull Consumer Webinar Series: Consumer, on February 18, 2025. Conference Details: Webull Corporate Webinar Series - Consumer Date/Time: Tuesday, February 18th at approximately 3:00 p.m.
- 02/12/2025
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Ispire Technology Inc. (ISPR) Q2 2025 Earnings Call Transcript
- Ispire Technology Inc. (NASDAQ:ISPR ) Q2 2025 Results Conference Call February 10, 2025 8:00 AM ET Company Participants Michael Wang - Co-Chief Executive Officer James McCormick - Chief Financial Officer Conference Call Participants Nick Anderson - ROTH Capital Partners Bo Pei - U.S. Tiger Securities Operator Hello, everyone, and welcome to Ispire Technology Earnings Conference Call for the Fiscal Second Quarter of 2025 Ended December 31, 2024. At this time, I would like to inform you that this conference is being recorded and that all participants are in a listen-only mode.
- 02/10/2025
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Ispire Technology Inc. Reports Financial Results for Fiscal Second Quarter 2025
- Gross Profit Increased 23.5% from the Previous Year to $7.7 million Gross Margins Increased to 18.5%, up from 15.0% the Previous Year Revenue Increased 0.3% Year-Over-Year to $41.8 Million LOS ANGELES , Feb. 10, 2025 /PRNewswire/ -- Ispire Technology Inc. ( NASDAQ: ISPR ) ("Ispire," the "Company," "we," "us," or "our"), an innovator in vaping technology and precision dosing, today reported results for the fiscal second quarter 2025, which ended on December 31, 2024. Fiscal Second Quarter 2025 Financial Results Revenue of $41.8 million, compared to $41.7 million for the fiscal second quarter of 2024.
- 02/10/2025
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Ispire Technology Inc. Schedules Fiscal Second Quarter 2025 Earnings Conference Call
- LOS ANGELES , Feb. 4, 2025 /PRNewswire/ -- Ispire Technology Inc. ("Ispire" or the "Company") (NASDAQ: ISPR), a trailblazer in vaping technology and precision dosing, announced today that it will host its earnings conference call at 8:00am ET on Monday, February 10, 2025, to discuss the Company's financial results for its fiscal second quarter ended December 31, 2024. To attend the conference call, please dial in using the information below.
- 02/04/2025
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Ispire: Underfollowed, Undercovered, And Undiscovered Gem
- Ispire's innovative cannabis product line and holistic solution offering displays a clear competitive advantage, and over time, should translate into a moat. The company has almost no analyst coverage and paltry institutional buying - a true undiscovered gem, which is incredibly rare to find in today's information driven world. Ispire's long-term success is contingent on a couple of regulations, but despite this, I believe the stock is still undervalued and worth almost triple what it's selling for today.
- 01/23/2025
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Ispire Technology Inc. Announces Stock Repurchase Program
- LOS ANGELES , Jan. 22, 2025 /PRNewswire/ -- Ispire Technology Inc. ("Ispire" or the "Company") ( NASDAQ: ISPR ), an innovator in vaping technology and precision dosing, today announced that its Board of Directors has approved a stock repurchase program authorizing Ispire to repurchase up to $10 million of its common stock over the next 24 months. "Our share repurchase authorization reflects the confidence we have in the growth of our overall business as well as the development of the strategic investments we have made to position the Company for future success," said Michael Wang, Co-Chief Executive Officer.
- 01/22/2025
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Ispire Technology Inc. Announces License Arrangement and Successful Launch of Burna Boy's BrkFst Nicotine Products Into African Markets
- Expansion into South Africa & Nigeria Marks Ispire's First International Nicotine License Arrangement & Product Launch LOS ANGELES , Jan. 15, 2025 /PRNewswire/ -- Ispire Technology Inc. ("Ispire" or the "Company") ( NASDAQ: ISPR ), an innovator in vaping technology and precision dosing, announced the successful launch of its BrkFst nicotine products across South Africa and Nigeria, marking the Company's first international nicotine license arrangement and product launch. BrkFst, the brand co-created by GRAMMY-Award winner Burna Boy, is set to redefine the nicotine product market in these regions.
- 01/15/2025
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Ispire Technology Inc. Announces Participation in the 13th Annual MJBizCon Expo
- LOS ANGELES , Nov. 26, 2024 /PRNewswire/ -- Ispire Technology Inc . ("Ispire" or the "Company") (NASDAQ: ISPR), a leader in the development and commercialization of vaping technology and precision dosing, announced that the Company will be participating in the 13th annual Marijuana Business Conference and Cannabis Expo ("MJBizCon"), taking place from Tuesday, December 3, 2024 through Friday, December 6, 2025 at the Las Vegas Convention Center.
- 11/26/2024
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Ispire Launches VLT: A New Pod System Designed to Enhance the 510-Thread Vaping Experience
- Innovative Vaping Technology Creates a Sustainable, Cost-Effective Ecosystem that Preserves Terpenes, Reduces Waste, and Supports Organizations Dedicated to Reducing Non-Recyclable Waste LOS ANGELES , Nov. 25, 2024 /PRNewswire/ -- Ispire Technology Inc. ( NASDAQ: ISPR ), announced the launch of VLT, a groundbreaking vaping pod system that redefines the 510-thread experience. VLT's proprietary reload system offers a sustainable and eco-friendly solution that empowers consumers to take control of their vaping devices, addressing key concerns about environmental impact and disposable hardware waste.
- 11/25/2024
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IKE Tech LLC and Ispire Technology Inc. Announce Positive Pre-PMTA Submission Meeting with the FDA
- Seeks Authorization for Pioneering Point-of-Use Identity and Age Verification Technology to Reduce Youth Access and Expand the Adult Market for Reduced-Risk Vapor Products LOS ANGELES , Nov. 18, 2024 /PRNewswire/ -- Ispire Technology Inc. ("Ispire" or the "Company") ( NASDAQ: ISPR ), a trailblazer in vaping technology and precision dosing, and IKE Tech LLC ("IKE Tech"), a joint venture among three leading technology and research companies Ispire, Touch Point Worldwide d/b/a Berify and Chemular Inc., announced a successful in person pre-PMTA (Pre-Market Tobacco Product Application) submission meeting with FDA's Center for Tobacco Products (CTP) for their Age Verification technology, designed to allow adult access to electronic nicotine delivery systems (ENDS) while preventing youth access to such products at point-of-use. This critical regulatory milestone marks an important step in the journey to provide an innovative, secure universal solution aimed at preventing youth access to ENDS and expanding the market for adults who choose to use flavored PMTA-authorized products.
- 11/18/2024
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Ispire Technology Inc. (ISPR) Q1 2025 Earnings Call Transcript
- Ispire Technology Inc. (NASDAQ:ISPR ) Q1 2025 Earnings Conference Call November 12, 2024 8:00 AM ET Company Participants Michael Wang - Co-Chief Executive Officer James McCormick - Chief Financial Officer Conference Call Participants Bo Pei - U.S. Tiger Securities Operator Hello, everyone, and welcome to today's conference call to discuss Ispire's Financial Results for the Fiscal First Quarter 2025 Ended September 30, 2024. At this time, I would like to inform you that this conference is being recorded and that all participants are in a listen-only mode.
- 11/14/2024
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Ispire Technology Inc. (ISPR) Reports Q1 Loss, Lags Revenue Estimates
- Ispire Technology Inc. (ISPR) came out with a quarterly loss of $0.10 per share in line with the Zacks Consensus Estimate. This compares to loss of $0.03 per share a year ago.
- 11/11/2024
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Ispire Technology Inc. Reports Financial Results for Fiscal First Quarter 2025
- Gross Profit Increased 13.2% Year-Over-Year to $7.7 Million Gross Margins increased to 19.5%, up from 16.0% in Fiscal Q1 2024 Expanded Global Reach through 5-Year Master Distributor Agreement with ANDS for MENA and Global Duty-Free Markets LOS ANGELES , Nov. 11, 2024 /PRNewswire / -- Ispire Technology Inc. ( NASDAQ: ISPR ) ("Ispire," the "Company," "we," "us," or "our"), an innovator in vaping technology and precision dosing, today reported results for the fiscal first quarter 2025, which ended on September 30, 2024, and anticipates filing its annual report on Form 10-Q with the U.S. Securities and Exchange Commission (the "SEC") on November 12, 2024. Fiscal First Quarter 2025 Financial Results Revenue was $39.3 million as compared to $42.9 million in the fiscal first quarter of 2024.
- 11/11/2024
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Ispire Technologies Inc. Schedules Fiscal First Quarter 2025 Earnings Conference Call
- LOS ANGELES , Nov. 7, 2024 /PRNewswire/ -- Ispire Technology Inc. ("Ispire" or the "Company") (NASDAQ: ISPR), an innovator in vaping technology and precision dosing, announced today that it will host its earnings conference call at 8:00am ET on Tuesday, November 12, 2024, to discuss the Company's financial results for its fiscal first quarter ended September 30, 2024. To attend the conference call, please dial in using the information below.
- 11/07/2024
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Ispire Technology Inc. Announces Participation in MJ Unpacked 2024
- LOS ANGELES , Nov. 1, 2024 /PRNewswire/ -- Ispire Technology Inc. ("Ispire" or the "Company") ( NASDAQ: ISPR ) , an innovator in vaping technology and precision dosing, announced that it will participate in MJ Unpacked , a premier event for cannabis industry stakeholders to connect, collaborate, and advance cannabis commerce. Luna Stower, Head of Impact at Ispire, will serve as a panelist for the "Impact of Women in Cannabis" discussion, which will highlight the unique challenges and transformative contributions of female leaders in the cannabis industry.
- 11/01/2024
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Ispire Technology Expands Global Reach through 5-Year Master Distributor Agreement with ANDS for MENA and Global Duty-Free Markets
- LOS ANGELES , Oct. 7, 2024 /PRNewswire/ -- Ispire Technology Inc. ("Ispire" or the "Company") ( NASDAQ: ISPR ), a leader in the development and commercialization of vaping technology and precision dosing, announced a landmark five-year master distributor agreement with ANDS , a leading distributor in the MENA region specializing in non-combustion nicotine delivery solutions based in Dubai . This partnership marks a significant step in Ispire's global expansion strategy, enabling the company to bring its Hidden Hills Club nicotine portfolio to the Middle East, North Africa (MENA) region and Global Duty-Free markets.
- 10/07/2024
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Ispire Technology Announces Participation in Upcoming October Conferences
- LOS ANGELES , Oct. 1, 2024 /PRNewswire/ -- Ispire Technology Inc. ("Ispire" or the "Company") (NASDAQ: ISPR), an innovator in vaping technology and precision dosing, announced that its management will participate in the following upcoming conferences in October: Benzinga Cannabis Capital Conference Ispire will attend the Benzinga Cannabis Capital Conference, the leading cannabis investment and branding conference in North America. The event will take place at the Marriott Magnificent Mile in Chicago, IL from October 8 - 9.
- 10/01/2024
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Ispire Technology Inc. (ISPR) Q4 2024 Earnings Call Transcript
- Ispire Technology Inc. (NASDAQ:ISPR ) Q4 2024 Results Conference Call September 26, 2024 8:00 AM ET Company Participants Michael Wang - Co-CEO Jim McCormick - CFO Conference Call Participants Scott Fortune - ROTH Capital Partners Bo Pei - US Tiger Securities Pablo Zuanic - Zuanic & Associates Operator Hello, everyone, and welcome to today's conference call to discuss Ispire's Financial Results for the Fiscal Year 2024 Ended June 30, 2024. At this time, I'd like to inform you that this conference call is being recorded and that all participants are in a listen-only mode.
- 09/26/2024
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Ispire Technology Inc. Reports Financial Results for the Fiscal Year 2024
- Record Revenue Year with Revenue Increasing 31.4% Year-Over-Year to $151.9 Million Gross Profit Increased 43.3% Year-Over-Year to $29.8 Million Submitted PMTA Application in September 2024 Planning to Re-enter US ENDS Market LOS ANGELES , Sept. 26, 2024 /PRNewswire/ -- Ispire Technology Inc. ( NASDAQ: ISPR ) ("Ispire," the "Company," "we," "us," or "our"), an innovator in vaping technology and precision dosing, today reported results for the fiscal year 2024, which ended on June 30, 2024, and will file its annual report on Form 10-K with the U.S. Securities and Exchange Commission (the "SEC") on September 26, 2024.
- 09/26/2024
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Ispire Technologies Inc. Earnings Conference Call for Fiscal Fourth Quarter 2024 Rescheduled for September 26
- LOS ANGELES , Sept. 11, 2024 /PRNewswire/ -- Ispire Technology Inc. ("Ispire" or the "Company") (NASDAQ: ISPR), an innovator in vaping technology and precision dosing, announced today that it is rescheduling its earnings conference call to 8:00am ET on Thursday, September 26, 2024.
- 09/11/2024
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Ispire Technology Inc. Announces Participation in Upcoming Conferences in September
- LOS ANGELES , Sept. 5, 2024 /PRNewswire/ -- Ispire Technology Inc. ("Ispire" or the "Company") (NASDAQ: ISPR), an innovator in vaping technology and precision dosing, announced that its management will participate in the following upcoming conferences in September: NECANN New Jersey Cannabis Convention Ispire will attend NECANN'S New Jersey Cannabis Convention, which is the largest B2B cannabis industry event in NJ that partners with 420NJevents creating new opportunities for license holders, medical dispensaries, suppliers, cultivators, investors, entrepreneurs, and ancillary businesses.
- 09/05/2024
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Ispire Technologies Inc. Schedules Fiscal Fourth Quarter 2024 Earnings Conference Call
- LOS ANGELES , Sept. 4, 2024 /PRNewswire/ -- Ispire Technology Inc. ("Ispire" or the "Company") (NASDAQ: ISPR), an innovator in vaping technology and precision dosing, announced today that it will host its earnings conference call at 8:00am ET on Thursday, September 12, 2024, to discuss the Company's financial results for its fiscal year and fourth quarter ended June 30, 2024.
- 09/04/2024
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Ispire Technology Inc. Signs Exclusive 30-Year Global Manufacturing and Distribution Agreement with US-Based Lifestyle Brand Hidden Hills Club
- Strategic Partnership Marks Hidden Hills Club Expansion into the Global Nicotine Products Market LOS ANGELES , Aug. 6, 2024 /PRNewswire/ -- Ispire Technology Inc. ("Ispire" or the "Company") (NASDAQ: ISPR), a leader in the development and commercialization of vaping technology and precision dosing, announced its subsidiary, Aspire North America LLC, signed an exclusive 30-year global licensing agreement with Hidden Hills Club , marking the US-based lifestyle brand's expansion into the global nicotine products market. Under the landmark agreement, Ispire will globally manufacture, distribute and commercialize Hidden Hills' branded nicotine products such as reduced-risk e-cigarettes.
- 08/06/2024
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Ispire Technology Inc. Announces Participation in the Next Generation Nicotine Delivery USA 2024 Conference
- LOS ANGELES , June 17, 2024 /PRNewswire/ -- Ispire Technology Inc. ("Ispire" or the "Company") ( NASDAQ: ISPR ), a leader in the development and commercialization of vaping technology and precision dosing, announced that the Company will participate in the Next Generation Nicotine Delivery USA 2024 Conference, taking place from June 19-20, 2024, at the Hyatt Regency Miami in Miami, Florida. Michael Wang, Co-Chief Executive Officer, will participate in a panel, titled 'Age Verification E-cigarettes,' on Thursday, June 20, 2024, at 10:10 am ET.
- 06/17/2024
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Ispire Technology, Inc. Secures ODM Relationship with Leading Global E-Cigarette Brand
- Company Expects to Supply More Than 33 million Units in Fiscal Year 2025 LOS ANGELES , June 4, 2024 /PRNewswire/ -- Ispire Technology Inc. ("Ispire" or the "Company") ( NASDAQ: ISPR ), a leader in the development and commercialization of vaping technology and precision dosing, announced its wholly-owned subsidiary, Aspire Science and Technology Limited, has secured an original design manufacture (ODM) relationship with a leading global e-cigarette brand (the "Customer"). The Company has begun receiving monthly purchase orders for 3 million units per-month, which are expected to remain consistent over the next 12 months at a value of over $100 million in annual top-line revenue to Ispire.
- 06/04/2024
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Ispire Technology Inc. Signs Exclusive Distribution Deal with Dank Pack, South Africa's Leading Supplier of Cannabis Packaging, Accessories, Supplies and Equipment
- Company Enters South African Market Supplying Dank Pack with a Comprehensive Suite of Cannabis Vapor Products and Accessories, including Ispire ONE™ LOS ANGELES , May 28, 2024 /PRNewswire/ -- Ispire Technology Inc. ("Ispire" or the "Company") ( NASDAQ: ISPR ), a leader in the development and commercialization of vaping technology and precision dosing, announced an exclusive distribution deal with Dank Pack , South Africa's leading supplier of cannabis product packaging, accessories, dispensary supplies and production and manufacturing equipment. Under the agreement, Ispire is entering the rapidly-growing South African cannabis market by supplying Dank Pack with a host of vapor products and accessories including: Ispire ONE ™ products Ispire Signature ; Ispire Signature OVL ; Ispire Signature NANO ; Ispire Signature LVL ; Ispire Signature Cartridges ; and Ispire Batteries.
- 05/28/2024
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Ispire Technology Inc. Names Jim McCormick as CFO; Upgrades Global Executive Leadership to Drive Company's Expansion
- LOS ANGELES , May 20, 2024 /PRNewswire/ -- Ispire Technology Inc. ("Ispire" or the "Company") ( NASDAQ: ISPR ), a leader in the development and commercialization of vaping technology and precision dosing, announced that Jim McCormick has been appointed Chief Financial Officer. The Company also announced the appointments of: John Patterson as Senior Vice President of International Nicotine; Dennis Lider as Senior Vice President of Cannabis Product Sales; and David Hessler as Senior Vice President of Operations.
- 05/20/2024
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Ispire Technology Inc. Reports Fiscal Third Quarter 2024 Financial Results
- Total Revenue Increased 24% year-over-year to $30.0 Million Gross Profit Increased 35% year-over-year to $6.1 Million North American Cannabis Vaping Hardware Revenue Increased 57% year-over-year to $11.9 Million Closed $12.3 million public offering LOS ANGELES , May 14, 2024 /PRNewswire/ -- Ispire Technology Inc. ( NASDAQ: ISPR ) ("Ispire" or the "Company"), an innovator in vaping technology and precision dosing, today reported results for the fiscal third quarter, which ended March 31, 2024 and filed its quarterly report on Form 10-Q on May 14, 2024. Fiscal Third Quarter 2024 Financial Results Revenue increased 24% to $30.0 million as compared to $24.1 million in the same period of 2023.
- 05/14/2024
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Ispire Technology Announces Participation in Upcoming Vapor Conferences
- LOS ANGELES , May 9, 2024 /PRNewswire/ -- Ispire Technology Inc. ("Ispire" or the "Company") ( NASDAQ: ISPR ), an innovator in vaping technology and precision dosing, announced that its management will participate in the following upcoming conferences: Alternative Products Expo Ispire will attend the Alternative Products Expo, which serves as a platform connecting brands with buyers and distributors across North and South America. The event will take place at the Plaza Mayor Convention Center from May 18-19 in Medellin, Colombia.
- 05/09/2024
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Ispire Technologies Inc. Schedules Fiscal Third Quarter 2024 Earnings Conference Call
- LOS ANGELES , May 8, 2024 /PRNewswire/ -- Ispire Technology Inc. ( NASDAQ: ISPR ) ("Ispire" or the "Company"), an innovator in vaping technology and precision dosing, announced today that it will host its earnings conference call at 8:00 am ET on Wednesday, May 15, 2024, to discuss the Company's financial results for its fiscal third quarter ended March 31, 2024. To attend the conference call, please dial in using the information below.
- 05/08/2024
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Ispire Technologies Inks Long-Term Agreement with Acreage Holdings, Inc.
- Company to Supply Multi-State Cannabis Operator with Comprehensive Solution to Streamline Vape Production: Ispire ONE™ LOS ANGELES , April 30, 2024 /PRNewswire/ -- Ispire Technology Inc. ( NASDAQ: ISPR ) ("Ispire" or the "Company"), an innovator in vaping technology and precision dosing, announced it has signed an agreement with a subsidiary of Acreage Holdings, Inc. ("Acreage"), a publicly traded, vertically integrated, multi-state operator of cannabis cultivation and retailing facilities in the United States. Under the agreement, Ispire will supply Acreage with the Company's Ispire ONE ™ vapor products and filling machines – a comprehensive solution that aims to streamline vape production and enhance reliability in Acreage's retail facilities in the United States.
- 04/30/2024
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Top 2 Defensive Stocks Which Could Rescue Your Portfolio In March - The Real Good Food (NASDAQ:RGF), Ispire Technology (NASDAQ:ISPR)
- The most oversold stocks in the consumer staples sector presents an opportunity to buy into undervalued companies.
- 03/28/2024
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Ispire Technology Announces Closing of $12.3 Million Public Offering
- LOS ANGELES, March 26, 2024 /PRNewswire/ -- Ispire Technology Inc. ("Ispire" or the "Company") (NASDAQ: ISPR), a leader in the research and development, design, commercialization, sales, marketing and distribution of branded e-cigarettes and cannabis vaping products, today announced the closing of a public offering of 2,050,000 shares of common stock at a price of $6.00 per share for gross proceeds of $12,300,000, prior to deducting the placement agent fees and offering expenses payable by the Company. Roth Capital Partners acted as the lead placement agent for the offering.
- 03/26/2024
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Ispire Technology Announces Pricing of $12.3 Million Public Offering
- LOS ANGELES , March 22, 2024 /PRNewswire/ -- Ispire Technology Inc. ("Ispire" or the "Company") ( NASDAQ: ISPR ), a leader in the research and development, design, commercialization, sales, marketing and distribution of branded e-cigarettes and cannabis vaping products, today announced the pricing of a public offering of 2,050,000 shares of common stock at a price of $6.00 per share for gross proceeds of $12,300,000, prior to deducting the placement agent fees and expected offering expenses payable by the Company. The closing of the offering is expected to take place on or about March 26, 2024, subject to the satisfaction or waiver of customary closing conditions.
- 03/22/2024
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Ispire, Berify and Chemular to Propel Innovation in Vape Hardware Manufacturing Industry
- Newly Formed Joint Venture Among Companies Aims to Pioneer Next-Gen E-Cigarette Age-Verification Technology While Prioritizing Safety, User Experiences and Value-Add Features and Control LOS ANGELES , Feb. 22 2024 /PRNewswire/ -- Ispire Technology Inc. ("Ispire" or the "Company") (NASDAQ: ISPR), an innovator in vaping technology and precision dosing, announced the Company has partnered with – Touchpoint World Wide Inc. D/B/A Berify ("Berify"), a cutting-edge platform specializing in linking physical products to the digital world, digital engagement, and brand protection, and Chemular International Inc. ("Chemular"), a multi-disciplinary regulatory consulting firm – to form of a joint venture (the "Joint Venture"). Distinguished as the first of its kind, the Joint Venture will look to expedite innovation in the e-cigarette technology space, including the development of secure, user-friendly solutions for age verification and age-gating nicotine vapor devices.
- 02/22/2024
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Ispire Technology Inc. Reports Financial Results for the Fiscal Second Quarter 2024
- Total Revenue Increased 30.7% to $41.7 Million Gross Profit Increased 24.1% to $6.4 Million North American Cannabis Vaping Hardware Revenue Increased 149% to $19.5 Million LOS ANGELES , Feb. 20, 2024 /PRNewswire/ -- Ispire Technology Inc. ("Ispire" or "the Company") (NASDAQ: ISPR), a leader in vapor technology, providing high-quality, innovative products with first-class performance, today reported results for the fiscal second quarter, which ended December 31, 2023, and filed its quarterly report on Form 10-Q on February 20, 2024. Fiscal Second Quarter 2024 Financial Results Revenue increased 30.7% to $41.7 million as compared to $31.9 million in the same period of 2023.
- 02/20/2024
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Ispire Technology Inc. Schedules Fiscal Second Quarter 2024 Earnings Conference Call
- LOS ANGELES, Calif. , Feb. 15, 2024 /PRNewswire/ -- Ispire Technology Inc. ("Ispire" or "the Company") (NASDAQ: ISPR), a leader in vapor technology, providing high-quality, innovative products with first-class performance, announced today that it will host its earnings conference call at 8:00am ET on Wednesday, February 21, 2024, to discuss the Company's financial results for its fiscal second quarter ended December 31, 2023.
- 02/15/2024
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Ispire Technology Inc. Announces Opening of New ISO- and GMP-Certified Malaysia Manufacturing Facility
- State-of-the-Art Facility to Boost Production of Premium Vaporizers, Cartridges, Pod Systems, Disposables and Batteries for Global Vapor Industry LOS ANGELES , Feb. 5, 2024 /PRNewswire/ -- Ispire Technology Inc. ("Ispire" or the "Company") ( NASDAQ: ISPR ), a leader in the development and commercialization of vaping technology and precision dosing, announced the opening of its new ISO- and GMP-certified 31,000 sq. ft. manufacturing facility in Malaysia, which is poised to help expedite market entry for businesses seeking to enhance their cannabis and nicotine product lines.
- 02/05/2024
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Ispire Technology to Power Hidden Hills Launch of "Hidden Hills & Friends" - A Two-In-One Vapor Experience Featuring Legendary Cannabis and Hemp Producers
- Collaboration Brings Together Ispire's Dual Tank SWTCH ONE with Unique Oils from Hidden Hills and Its "Friends" – Plug 'n Play, Packwoods, Big Chief and LA Traffic LOS ANGELES , Feb. 2, 2024 /PRNewswire/ -- Ispire Technology Inc. ("Ispire" or the "Company") ( NASDAQ: ISPR ), a leader in the development and commercialization of vaping technology and precision dosing, and Hidden Hills , one of the leading cannabis brands in the U.S., have teamed up to launch an innovative cannabis and hemp vaping experience for consumers: Hidden Hills & Friends. The Hidden Hills & Friends collaboration marries Ispire's dual-tank SWTCH ONE with a variety of select cannabis and hemp oils from Hidden Hills and its legendary friends – Plug 'n Play , Packwoods , Big Chief and LA Traffic.
- 02/02/2024
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Ispire Technology Inc. Earns ISO Certifications for its Malaysia Manufacturing Facility
- Award of Multiple ISO Certifications Are Important Steps in the Company's Global Gross-Margin Expansion Strategy LOS ANGELES , Jan. 4, 2024 /PRNewswire/ -- Ispire Technology Inc. ("Ispire" or the "Company") (NASDAQ: ISPR), a leader in the development and commercialization of vaping technology and precision dosing, announced that its subsidiary, Ispire Malaysia Sdn Bhd, received ISO9001: 2015 Quality Management System, ISO14001: 2015 Environmental Management System, ISO13485: 2016 Quality Management System Medical Device certifications for its 31,000 sq ft manufacturing facility in Malaysia. Ispire is a leader in vaping technology, research and development and design and innovation that is forging the worldwide industry standard for vaporized products.
- 01/04/2024
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Aspire North America, LLC Enters Five-Year Exclusive Global Manufacturing and Distribution Agreement with Lifestyle Brand: BrkFst
- Collaboration with Nigerian Afrobeats Legend to Bring a Suite of High-Tech Vapes and One-of-a-Kind Product Flavors to Consumers LOS ANGELES , Dec. 14, 2023 /PRNewswire/ -- Ispire Technology Inc. ("Ispire" or the "Company") (NASDAQ: ISPR), a leader in the development and commercialization of vaping technology and precision dosing, announced that Aspire North America, LLC ("Aspire"), one of Ispire's operating subsidiaries, has entered a five-year exclusive global manufacturing and distribution agreement (the "Agreement") with a prominent lifestyle brand, BrkFst, a brand co-created by GRAMMY-Award winner Burna Boy and his inner circle of young entrepreneurs last year, and it has garnered significant community backing. Under the Agreement, Ispire has secured the exclusive rights to distribute and commercialize BrkFst branded high-quality vapor products, including a suite of unique varieties and new flavors.
- 12/14/2023
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Ispire Technology Inc. Announces Participation in the 12th Annual MJBizCon Expo
- LOS ANGELES , Nov. 21, 2023 /PRNewswire/ -- Ispire Technology Inc. ( "Ispire" or the "Company") ( NASDAQ: ISPR ), a leader in the development and commercialization of vaping technology and precision dosing, announced that the Company will be participating in the 12th annual Marijuana Business Conference and Cannabis Expo ("MJBizCon"), taking place from Tuesday, November 28, 2023 through Friday, December 1, 2023 at the Las Vegas Convention Center. Members of Inspire's senior management team , including Co-Chief Executive Officer Michael Wang, Chief Financial Officer Daniel Machock, Chief Operating Officer Ted Rouhani, Chief Legal Officer Steven Przybyla and Head of Product Greg McNiel, will be hosting meetings during MJBizCon.
- 11/21/2023
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Ispire Technology Inc. Reports Financial Results for the Fiscal First Quarter 2024
- Overall Revenue Increased 59.1% to $42.9 Million; Gross Profit Increased 43.7% to $6.9 Million. Revenue from cannabis vaping products up 116.8% to $17.3 Million Revenue from tobacco vaping products up 34.8% to $25.5 Million.
- 11/14/2023
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Ispire Technology Inc. Schedules Fiscal First Quarter 2024 Earnings Conference Call
- LOS ANGELES , Nov. 13, 2023 /PRNewswire/ -- Ispire Technology Inc. ("Ispire" or "the Company") (NASDAQ: ISPR), a leader in vapor technology, providing high-quality, innovative products with first-class performance, announced today that it will host its earnings conference call at 8:00 a.m. ET on Tuesday, November 14, 2023, to discuss the Company's financial results for its fiscal first quarter ended September 30, 2023.
- 11/13/2023
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Aspire North America, LLC Enters Five-Year Exclusive Manufacturing and Global Distribution Agreement with Hempacco Co., Inc.
- First Collaboration with Global Rapper & Cannabis Icon Snoop Dogg and Dogg Lbs LOS ANGELES , Nov. 9, 2023 /PRNewswire/ -- Ispire Technology Inc. ("Ispire" or the "Company") ( NASDAQ: ISPR ), a leader in the development and commercialization of vaping technology and precision dosing, announced that Aspire North America, LLC ("Aspire"), one of Ispire's operating subsidiaries, has entered a five-year exclusive manufacturing and global distribution agreements (the "Agreement") with Hempacco Co., Inc. and its affiliate ("Hempacco"), a manufacturer of hemp-based alternatives, cannabinoid smokables and rolling papers and subsidiary of Green Globe International Inc. (OTC: GGII). Under the Agreement, Aspire has agreed to supply, distribute and commercialize Hempacco's branded cannabinoid and nicotine vapor products, namely Dogg Lbs by Snoop Dogg , a rap legend and entertainment icon.
- 11/09/2023
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Ispire Technology Inc.'s CFO Daniel Machock to Present at 2023 LD Micro Main Event XVI
- LOS ANGELES , Oct. 2, 2023 /PRNewswire/ -- Ispire Technology Inc. ("Ispire" or the "Company") (NASDAQ: ISPR), a leader in vapor technology, is pleased to announce that Chief Financial Officer Daniel Machock will be presenting at the 2023 LD Micro Main Event XVI. The event is set for October 3-5, 2023, at the Luxe Sunset Blvd Hotel in Los Angeles, California.
- 10/02/2023
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Ispire Technology Inc. Reports Financial Results for the Fiscal Full Year 2023
- Revenue from cannabis vaping products was up 100.4% to $40 Million. Revenue from tobacco vaping products was up 10.9% to $75.6 Million.
- 09/18/2023
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Ispire Technology Inc. Schedules Fiscal Full Year 2023 Earnings Conference Call
- LOS ANGELES , Sept. 15, 2023 /PRNewswire/ -- Ispire Technology Inc. ("Ispire" or "the Company") (NASDAQ: ISPR), a leader in vapor technology, providing high-quality, innovative products with first-class performance, announced today that it will host its earnings conference call at 8:00 a.m.
- 09/15/2023
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Why Ispire Stock Is Soaring This Week
- Ispire raised roughly $7.5 million in cash from a recent stock sale. The company also increased sales guidance for its cannabis vaping products.
- 06/30/2023
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U.S. IPO Weekly Recap: Small Deals Drive Activity In The IPO Market's Short Week
- Four small issuers began trading this past week. Two small IPOs submitted initial filings.
- 04/07/2023
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