ISPR

Company Overview — What Does Ispire Technology Inc. Do?

We are engaged in the research and development, design, commercialization, sales, marketing and distribution of branded e-cigarettes and cannabis vaping products. We sell our tobacco products worldwide except for the People’s Republic of China and Russia. Although we sold tobacco products in the United States in the years ended June 30, 2021 and 2022, we are limited in the product we may sell and, because the sales did not justify the marketing and regulatory costs, we have ceased marketing tobacco vaping products in the United States. Our tobacco products are marketed under the Aspire brand name and are sold primarily through our distribution network. We currently sell our cannabis vaping hardware only in the United States, and we have recently commenced marketing activities in Canada and Europe, primarily in the European Union. All of our cannabis products are vaping hardware. Vaping refers to the practice of inhaling and exhaling the vapor produced by an electronic vaping device, and includes dabbing, which is the recreational inhalation of extremely concentrated tetrahydrocannabinol, the main psychotropic cannabinoid derived from the marijuana plant. Our cannabis products are marketed under the Ispire brand name, primarily on an ODM basis to other cannabis vapor companies. ODM generally involves the design and customization of core products to meet each brand’s unique image and needs, and our products are sold by our customers under their own brand names although they may also include our brand name on the products. Our products use our BDC (bottom dual coil) coil technology which uses bottom dual coils to provide much higher temperature and an expanded heating that achieves much greater flavor and vapor production. We believe that the use of our dual-coil technology enhances the flavor performance of e-liquid, and the hidden wick cotton with special designed wick holes can both extend the tank e-liquid capacity and improve the speed of wicking to increase the coil life. Our BVC (bottom vertical coil) coil represents a big technological breakthrough for us in coil technology with a vertical heating wire surrounded by the cotton. This design can enable the coil heating to provide uniform temperature from the tank, together with more efficient wicking. This new technology, which Shenzhen Yi Jia introduced in 2014, enables the coil to last longer while still giving users what we believe is the purest and cleanest taste from e-liquids. The BVC coils are still very popular for MTL (mouth to lung) vapors today. We bring a new coil technology to the tobacco vaping industry with the Cleito tank. The Cleito tank uses a revolutionary new coil design that replaces the standard chimney and, we believe, delivers maximized airflow. This design frees up even more restriction in the airflow by eliminating the need for a static chimney within the tank itself, which results in an expanded flavor profile and increased vapor production. Combined with a Clapton kanthal coil for maximum flavor, the Cleito tank delivers a rush of intense flavor and huge vapor with a broad profile. The simple top-fill design makes filling very easy, just unscrew the top cap to refill, more convenient, more enjoyable. Our Ispire cannabis vapor products use our patented Ducore™ (Dual Coil) technology for cannabis vaporizers. This technology enables users to create massive plumes of vape without burning the cannabis oil. These products incorporate our patented dual coil technology for what we believe is best-in-class airflow and taste, and our technology for eliminating the leakage of the oil from the unit, which overcomes a major disadvantage with many existing products At present, our products are manufactured and supplied by Shenzhen Yi Jia Technology Co., Limited, a Chinese company (“Shenzhen Yi Jia”), which is 95% owned by our chief executive officer and controlling stockholder, Tuanfang Liu. We are taking the initial steps toward the development of manufacturing operations in Vietnam and in California. Initially, our manufacturing operations will be primarily assembling from components that we purchase from other companies. Although we expect that we will commence these assembly operations in mid 2023, we cannot assure you that we will be able to meet this timetable or that we will be able to effectively and efficiently conduct such operations. Through our global distributor network of more than 150 distributors, we sell the Aspire brand of tobacco vaporizer technology products in more than 30 countries. The main markets for our tobacco products are Europe and the Asia Pacific region, which does not include the PRC. We are a Delaware corporation, organized on June 13, 2022. Aspire North America, a California limited liability company was formed on February 22, 2020, and 100% of its ownership was transferred to Aspire Global on September 23, 2020 and was transferred by Aspire Global to Ispire Technology on July 29, 2022. Aspire Science, a Hong Kong corporation, was incorporated on December 9, 2016 and 100% of its equity was transferred to us on July 29, 2022. Ispire International was organized on July 6, 2022. Aspire North America and Aspire Science are our operating companies. Our principal executive offices are located at 19700 Magellan Dr, Los Angeles, CA 90502. Ispire Technology Inc. (ISPR) is classified as a micro-cap stock in the Consumer Staples sector, specifically within the Tobacco Products industry. The company is led by CEO Tuanfang Liu. With a market capitalization of $96M, ISPR is one of the notable companies in the Consumer Staples sector.

Ispire Technology Inc. (ISPR) Stock Rating — Avoid (April 2026)

As of April 2026, Ispire Technology Inc. receives a Avoid rating with a composite score of 22.9/100 and 1 out of 5 stars from the Blank Capital Research quantitative model.ISPR ranks #4,402 out of 4,446 stocks in our coverage universe. Within the Consumer Staples sector, Ispire Technology Inc. ranks #179 of 180 stocks, placing it in the lower half of its Consumer Staples peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).

ISPR Stock Price and 52-Week Range

Ispire Technology Inc. (ISPR) currently trades at $1.75. The stock lost $0.01 (0.6%) in the most recent trading session. The 52-week high for ISPR is $4.70, which means the stock is currently trading -62.8% from its annual peak. The 52-week low is $1.44, putting the stock 21.5% above its annual trough. Recent trading volume was 42K shares, suggesting relatively thin trading activity.

Is ISPR Overvalued or Undervalued? — Valuation Analysis

Ispire Technology Inc. (ISPR) carries a value factor score of 26/100 in the Blank Capital model, signaling premium valuation that prices in significant future growth. The price-to-sales ratio is 0.84x, compared to 0.35x for the average Consumer Staples stock.

At current multiples, Ispire Technology Inc. trades at a premium to most Consumer Staples peers. This elevated valuation may be justified if the company can sustain above-average growth rates and profitability, but it also creates downside risk if earnings disappoint expectations.

Ispire Technology Inc. Profitability — ROE, Margins, and Quality Score

Ispire Technology Inc. (ISPR) earns a quality factor score of 9/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is -255.0%, compared to the Consumer Staples sector average of 7.7%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at -34.0% versus the sector average of 3.1%.

On a margin basis, Ispire Technology Inc. reports gross margins of 17.7%, compared to 26.2% for the sector. The operating margin is -25.2% (sector: 2.9%). Net profit margin stands at -26.0%, versus 1.6% for the average Consumer Staples stock. Revenue growth is running at -48.4% on a trailing basis, compared to 3.1% for the sector. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.

ISPR Debt, Balance Sheet, and Financial Health

Ispire Technology Inc. has a debt-to-equity ratio of -257.0%, compared to the Consumer Staples sector average of 72.0%. The low leverage indicates a conservative balance sheet with significant financial flexibility. The current ratio is 1.06x, suggesting adequate working capital coverage.

ISPR has a beta of 1.20, meaning it is more volatile than the broader market — a $10,000 investment in ISPR would be expected to move 20.4% more than the S&P 500 on any given day. The stability factor score for Ispire Technology Inc. is 21/100, suggesting elevated price swings that may be unsuitable for conservative portfolios.

Ispire Technology Inc. Revenue and Earnings History — Quarterly Trend

In TTM 2026, Ispire Technology Inc. reported revenue of $119M and earnings per share (EPS) of $-0.12. Net income for the quarter was $-29M. Gross margin was 17.7%. Operating income came in at $-28M.

In Q2 2026, Ispire Technology Inc. reported revenue of $20M and earnings per share (EPS) of $-0.12. Net income for the quarter was $-7M. Gross margin was 17.1%. Revenue grew -51.5% year-over-year compared to Q2 2025. Operating income came in at $-7M.

In Q1 2026, Ispire Technology Inc. reported revenue of $30M and earnings per share (EPS) of $-0.06. Net income for the quarter was $-3M. Gross margin was 17.0%. Revenue grew -22.8% year-over-year compared to Q1 2025. Operating income came in at $-3M.

In FY 2025, Ispire Technology Inc. reported revenue of $127M and earnings per share (EPS) of $-0.69. Net income for the quarter was $-39M. Gross margin was 17.8%. Revenue grew -16.1% year-over-year compared to FY 2024. Operating income came in at $-38M.

Over the past 8 quarters, Ispire Technology Inc. has experienced revenue contraction from $152M to $119M. Investors analyzing ISPR stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.

ISPR Dividend Yield and Income Analysis

Ispire Technology Inc. (ISPR) does not currently pay a dividend. This is common among smaller companies in the Tobacco Products industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Consumer Staples dividend stocks may want to explore other Consumer Staples stocks or use the stock screener to filter by dividend yield.

ISPR Momentum and Technical Analysis Profile

Ispire Technology Inc. (ISPR) has a momentum factor score of 20/100, signaling weak relative price performance. Stocks with low momentum scores have historically tended to continue underperforming in the near term. The investment factor score is 39/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 53/100 reflects moderate short selling activity.

ISPR vs Competitors — Consumer Staples Sector Ranking and Peer Comparison

Within the Consumer Staples sector, Ispire Technology Inc. (ISPR) ranks #179 out of 180 stocks based on the Blank Capital composite score. This places ISPR in the lower half of all Consumer Staples stocks in our coverage universe. Key competitors and sector peers include Ituran Location & Control Ltd. (ITRN) with a score of 60.3/100, DARLING INGREDIENTS INC. (DAR) with a score of 52.9/100, Bunge Global SA (BG) with a score of 53.0/100, SANFILIPPO JOHN B & SON INC (JBSS) with a score of 54.1/100, and Archer-Daniels-Midland Co (ADM) with a score of 52.2/100.

Comparing ISPR against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full ISPR vs S&P 500 (SPY) comparison to assess how Ispire Technology Inc. stacks up against the broader market across all factor dimensions.

ISPR Next Earnings Date

No upcoming earnings date has been announced for Ispire Technology Inc. (ISPR) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.

Should You Buy ISPR? — Investment Thesis Summary

The quantitative profile for Ispire Technology Inc. suggests caution. The quality score of 9/100 flags below-average profitability. The value score of 26/100 indicates premium valuation. Momentum is weak at 20/100, a headwind for near-term performance. High volatility (stability score 21/100) increases portfolio risk.

In summary, Ispire Technology Inc. (ISPR) earns a Avoid rating with a composite score of 22.9/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on ISPR stock.

Related Resources for ISPR Investors

Explore more research and tools: ISPR vs S&P 500 comparison, top Consumer Staples stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare ISPR head-to-head with peers: ISPR vs ITRN, ISPR vs DAR, ISPR vs BG.