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Ispire Technology Inc. Announces Participation in the 13th Annual MJBizCon Expo
Prnewswire· 2024-11-26 13:30
Core Insights - Ispire Technology Inc. will participate in the 13th annual Marijuana Business Conference and Cannabis Expo (MJBizCon) from December 3 to December 6, 2024, in Las Vegas [1] - The company's senior management team, including President Ted Rouhani and CFO Jim McCormick, will host meetings during the conference, with Head of Impact Luna Stower speaking on a panel about influencer marketing [2] - Ispire will showcase its innovative vaping pod system and "I-80" vapor device filling machine at booth 8218 during the event [3] Company Overview - Ispire Technology Inc. focuses on the research, development, design, commercialization, sales, marketing, and distribution of branded e-cigarettes and cannabis vaping products, holding over 400 patents worldwide [4] - The company's e-cigarette products are marketed under the Aspire name and are distributed globally, excluding the U.S., People's Republic of China, and Russia [4] - Ispire's cannabis products are marketed under the Ispire brand primarily through original design manufacture (ODM) relationships, with sales in the U.S., Europe, South Africa, and recent expansions into Canada and Latin America [4]
IKE Tech LLC and Ispire Technology Inc. Announce Positive Pre-PMTA Submission Meeting with the FDA
Prnewswire· 2024-11-18 13:30
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 ProductsLOS 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 ...
Ispire Technology (ISPR) - 2025 Q1 - Earnings Call Transcript
2024-11-14 08:53
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 t ...
Ispire Technology (ISPR) - 2025 Q1 - Quarterly Report
2024-11-12 21:15
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to _________ Commission file number: 001-41680 | --- | --- | --- | --- | |-------------------------------------------------------------|-------|-------|---------- ...
Ispire Technology (ISPR) - 2025 Q1 - Quarterly Results
2024-11-12 13:00
Exhibit 99.1 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, November 11, 2024 – Ispire Technology Inc. (NASDAQ: ISPR) ("Ispire," the "Company," "we," "us," or "our"), an innovator in vaping technology and precision dosing, toda ...
Ispire Technology Inc. (ISPR) Reports Q1 Loss, Lags Revenue Estimates
ZACKS· 2024-11-11 14:11
Earnings Performance - Ispire Technology Inc reported a quarterly loss of $010 per share, in line with the Zacks Consensus Estimate, compared to a loss of $003 per share a year ago [1] - The company posted revenues of $3934 million for the quarter ended September 2024, missing the Zacks Consensus Estimate by 1373%, compared to year-ago revenues of $4287 million [2] - Over the last four quarters, the company has surpassed consensus EPS estimates once and revenue estimates once [1][2] Stock Performance and Market Comparison - Ispire Technology Inc shares have lost about 484% since the beginning of the year, while the S&P 500 has gained 257% [3] - The company has underperformed the market so far this year [4] Earnings Outlook and Estimate Revisions - The current consensus EPS estimate is -$009 on $579 million in revenues for the coming quarter and -$021 on $2455 million in revenues for the current fiscal year [7] - The estimate revisions trend for Ispire Technology Inc is unfavorable, translating into a Zacks Rank 4 (Sell) [6] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions [5] Industry Context - Ispire Technology Inc belongs to the Zacks Technology Services industry, which is currently in the top 26% of the 250 plus Zacks industries [8] - The top 50% of Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1 [8] Peer Comparison - Marathon Digital Holdings Inc, another company in the same industry, is expected to post a quarterly loss of $038 per share, representing a year-over-year change of -660% [9] - Marathon Digital Holdings Inc's revenues are expected to be $14814 million, up 514% from the year-ago quarter [10]
Ispire Technologies Inc. Schedules Fiscal First Quarter 2025 Earnings Conference Call
Prnewswire· 2024-11-07 13:00
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. When prompted upon dialing-in, please ask for the "Ispire Technology ...
Ispire Technology Inc. Announces Participation in MJ Unpacked 2024
Prnewswire· 2024-11-01 12:30
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 ...
Ispire Technology Announces Participation in Upcoming October Conferences
Prnewswire· 2024-10-01 12:30
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 ...
Ispire Technology (ISPR) - 2024 Q4 - Annual Report
2024-09-27 00:58
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended June 30, 2024 OR ☐ TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____________ to ___________________ Commission file number: 001-41680 Ispire Technology Inc. (Exact name of registrant as specified in its charter) Delaware 93-1869878 (State or other ...