Consumer Defensive · Tobacco
Price
$1.50
Market Cap
$86.1M
Employees
98
Beta
2.02
Avg Volume
98,414
CEO
Tuanfang Liu
Business Description
Ispire Technology Inc. is a company that specializes in the production of electronic cigarettes and cannabis-related vaping devices. Established in 2019, its primary operational base is located in Los Angeles, California. The firm operates as a subsidiary under the corporate umbrella of Pride Worldwide Investment Limited.
Business History
Price History (1 Year)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
API Direct from provider
CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
CALCStock Price / EPS (Diluted)
-2.17
Stock Price: $1.50
EPS (Diluted): -0.69
EPS (Diluted): -0.69
P/B Ratio (Price vs net asset value)
APIStock Price / Book Value Per Share
240.69
Stock Price: $1.50
Total Equity: $604,694
Shares: 56,854,000
Total Equity: $604,694
Shares: 56,854,000
EV/EBITDA (Total value vs operating profit)
APIEnterprise Value / EBITDA
-8.40
Market Cap: $86.10M
Total Debt: $1.95M
Cash: $24.35M
EBITDA: -$35.76M
Total Debt: $1.95M
Cash: $24.35M
EBITDA: -$35.76M
Enterprise Value (Takeover price (cap + debt - cash))
APIMarket Cap + Total Debt - Cash
$128.3M
Market Cap: $86.10M
Total Debt: $1.95M
Cash: $24.35M
Total Debt: $1.95M
Cash: $24.35M
P/S Ratio (Price per dollar of revenue)
APIStock Price / Revenue Per Share
1.14
Stock Price: $1.50
Revenue: $127.49M
Shares: 56,854,000
Revenue: $127.49M
Shares: 56,854,000
EV/Sales (Total value vs revenue — works when P/E can't)
API1.01
Gross Margin (Revenue left after direct costs)
APIGross Profit / Revenue
17.8%
Gross Profit: $22.65M
Revenue: $127.49M
Revenue: $127.49M
Operating Margin (Revenue left after all operations)
APIOperating Income / Revenue
-29.7%
Operating Income: -$37.85M
Revenue: $127.49M
Revenue: $127.49M
Net Margin (Revenue left as actual profit)
APINet Income / Revenue
-30.8%
Net Income: -$39.24M
Revenue: $127.49M
Revenue: $127.49M
ROE (Profit from shareholder equity)
APINet Income / Total Equity
546.1%
Net Income: -$39.24M
Total Equity: $604,694
Total Equity: $604,694
ROIC (Profit from all invested capital)
APINOPAT / Invested Capital
-142.2%
Operating Income: -$37.85M
Tax Rate: -3.2%
Equity: $604,694
Total Debt: $1.95M
Cash: $24.35M
Tax Rate: -3.2%
Equity: $604,694
Total Debt: $1.95M
Cash: $24.35M
Current Ratio (Can it pay short-term bills)
APICurrent Assets / Current Liabilities
1.01
Current Assets: $72.91M
Current Liabilities: $72.54M
Current Liabilities: $72.54M
Debt/Equity (Leverage — debt vs equity)
CALCTotal Debt / Total Equity
3.23
Short-Term Debt: $1.15M
Long-Term Debt: $805,361
Total Debt: $1.95M
Total Equity: $604,694
Long-Term Debt: $805,361
Total Debt: $1.95M
Total Equity: $604,694
Rev/Share (Top-line per share)
CALCRevenue / Shares Outstanding
$2.24
Revenue: $127.49M
Shares: 56,854,000
Shares: 56,854,000
Book Value/Share (Net assets per share)
CALC(Total Assets - Total Liabilities) / Shares
$0.01
Total Equity: $604,694
Shares: 56,854,000
Shares: 56,854,000
FCF/Share (Real cash generated per share)
CALC(Operating Cash Flow + CapEx) / Shares
$-0.15
Operating CF: -$7.37M
CapEx: -$1.10M
Shares: 56,854,000
CapEx: -$1.10M
Shares: 56,854,000
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
APILast Annual Dividend / Stock Price
0.0%
Last Dividend: N/A
Stock Price: $1.50
Stock Price: $1.50
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
—
Dividends Paid: N/A
Net Income: -$39.24M
Net Income: -$39.24M
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares ISPR against LLM-researched typical ranges for its
industry. One research call per industry, cached indefinitely — every stock in the same industry
reuses the same baseline.
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
0
Company Classification
— What type of company is this?
1
Industry Landscape
— Where is the industry headed?
2
Company Momentum
— Where is this company trending?
3
Forward Projection
— 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a
DCF Valuation
— Present value of future cash flows
4b
Earnings Power Value
— Floor value — worth with zero growth
4c
Anchored PE
— Industry PE adjusted for growth differential
4d
Reverse DCF
— What growth is the market pricing in?
4e
Revenue-Based DCF
— For growth/narrative companies (skip if mature earner)
4f
Anchored P/S
— Price-to-Sales peer comparison (skip if mature earner)
4g
Scenario Analysis
— Bull / Base / Bear (skip if mature earner)
4h
Dividend Discount Model
— For dividend/income stocks only
4i
Book Value Analysis
— For deep value / turnaround stocks only
4j
Insider Activity
— Are insiders buying or selling?
4f
Cash Flow Quality
— How trustworthy is the FCF?
4g
Debt Maturity Risk
— Can it handle its debt?
4h
Macro Environment
— Rates, market valuation, volatility
4i
Sector Intelligence
— How does this company compare within its sector?
4j
Revenue Confidence
— How reliable is the growth projection?
4k
Sensitivity Analysis
— How fragile is the fair value estimate?
4l
Sector Demand Cycle
— Is the sector in a boom, steady state, or contraction?
5
AI Investigation
— Adaptive research engine (Claude)
5b
Thesis Evaluation
— What does the market believe? (narrative/platform stocks only)
6
Valuation Synthesis
— Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Last updated: Jun 24, 2026 6:49am (3d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $63.4M | $88.1M | $115.6M | $151.9M | $127.5M |
| Cost of Revenue | $53.0M | $74.8M | $94.8M | $122.1M | $104.8M |
| Gross Profit | $10.4M | $13.3M | $20.8M | $29.8M | $22.6M |
| Operating Expenses | $6.8M | $14.3M | $25.3M | $43.7M | $60.5M |
| Operating Income | $3.6M | $-988,671 | -$4.5M | -$13.9M | -$37.8M |
| Net Income | $2.9M | -$1.9M | -$6.0M | -$14.8M | -$39.2M |
| EBITDA | $3.9M | $-656,478 | -$3.7M | -$11.8M | -$35.8M |
| EPS | $0.06 | $-0.04 | $-0.11 | $-0.27 | $-0.69 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jun 24, 2026 6:49am (3d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $85.2M | $74.5M | $40.3M | $35.1M | $24.4M |
| Total Current Assets | $93.4M | $99.4M | $84.8M | $102.6M | $72.9M |
| Total Assets | $93.9M | $100.7M | $90.4M | $122.6M | $102.2M |
| Current Liabilities | $79.8M | $89.0M | $55.9M | $86.0M | $72.5M |
| Long-Term Debt | $0 | $0 | $0 | $0 | $805,361 |
| Total Liabilities | $80.1M | $89.0M | $58.9M | $88.2M | $101.6M |
| Total Equity | $13.8M | $11.8M | $31.5M | $34.5M | $604,694 |
| Retained Earnings | $13.8M | $11.9M | $5.9M | -$8.8M | -$48.1M |
Cash Flow (Annual)
Last updated: Jun 24, 2026 6:49am (3d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | $5.0M | -$7.6M | -$7.6M | -$18.3M | -$7.4M |
| Capital Expenditure | $-798 | $-121,516 | -$1.0M | -$3.1M | -$1.1M |
| Free Cash Flow | $5.0M | -$7.7M | -$8.6M | -$21.4M | -$8.5M |
| Acquisitions (net) | $0 | $0 | $0 | -$1.0M | $0 |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | $0 | $0 | $0 | $0 | $-60,488 |
| Net Change in Cash | $4.8M | -$10.8M | -$34.2M | -$5.2M | -$10.7M |
Analyst Estimates (Annual)
Last updated: Jun 27, 2026 5:01am (3h ago)| Metric | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| Revenue |
$129.8M $129.8M – $129.8M
|
$94.6M $94.6M – $94.6M
|
$112.6M $112.6M – $112.6M
|
$179.0M $179.0M – $179.0M
|
| EBITDA |
-$8.7M -$8.7M – -$8.7M
|
-$6.3M -$6.3M – -$6.3M
|
-$7.5M -$7.5M – -$7.5M
|
-$12.0M -$12.0M – -$12.0M
|
| Net Income |
-$32.4M -$32.4M – -$32.4M
|
-$20.5M -$20.5M – -$20.5M
|
-$1.7M -$1.7M – -$1.7M
|
$1.7M $1.7M – $1.7M
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
Last updated: Jun 24, 2026 6:49am (3d ago)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | +38.9% | +31.2% | +31.4% | -16.1% |
| Gross Profit Growth | +27.7% | +56.1% | +43.3% | -23.9% |
| Operating Income Growth | -127.1% | -352.5% | -210.5% | -172.4% |
| Net Income Growth | -163.8% | -220.3% | -146.0% | -165.7% |
| EBITDA Growth | -116.6% | -460.8% | -219.6% | -204.0% |
Insider Trading (Recent)
Last updated: Jun 27, 2026 5:01am (3h ago)
Type codes
PPurchase
SSale
AAward / grant
MOption exercise
FIn-kind (tax)
CConversion
GGift
DReturn to issuer
All SEC Form 4 codes
Open market
- P Purchase
- Open-market or private purchase of shares.
- S Sale
- Open-market or private sale of shares.
Compensation (Rule 16b-3)
- A Award / grant
- Grant or award of securities (RSUs, options, etc.) under Rule 16b-3.
- D Return to issuer
- Securities disposed back to the company under Rule 16b-3.
- F In-kind (tax)
- Shares withheld or delivered to pay the option-exercise price or tax — not an open-market sale.
- I Discretionary
- Discretionary transaction under an employee plan — Rule 16b-3(f).
- M Option exercise
- Exercise or conversion of a derivative (option/RSU) into shares — exempt.
Derivatives
- C Conversion
- Conversion of a derivative security into the underlying shares.
- E Short expiration
- Expiration of a short derivative position.
- H Long expiration
- Expiration or cancellation of a long derivative position with value received.
- O OTM exercise
- Exercise of an out-of-the-money derivative.
- X ITM exercise
- Exercise of an in-the-money or at-the-money derivative.
Other exempt
- G Gift
- Bona fide gift of securities.
- L Small acquisition
- Small acquisition under Rule 16a-6.
- W Inheritance
- Acquisition or disposition by will or the laws of descent.
- Z Voting trust
- Deposit into or withdrawal from a voting trust.
Other
- J Other
- Other acquisition or disposition (explained in a Form 4 footnote).
- K Equity swap
- Transaction in an equity swap or similar instrument.
- U Tender / buyout
- Disposition via tender of shares in a change-of-control transaction.
Compensation-plan codes (A, D, F, M) are routine and rarely directional. Open-market P (buy) and S (sale) carry the most signal.
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-03-19 | Fargis John | A-Award | 35,526.00 | $0.00 | $0 |
| 2026-03-19 | Cox Brent | A-Award | 35,526.00 | $0.00 | $0 |
| 2026-03-19 | Burch Christopher Robert | A-Award | 35,526.00 | $0.00 | $0 |
| 2026-03-02 | Wang Michael Xue | P-Purchase | 1,737.00 | $2.37 | $4,108 |
| 2026-03-02 | Wang Michael Xue | P-Purchase | 1,163.00 | $2.41 | $2,798 |
| 2026-03-02 | Wang Michael Xue | P-Purchase | 100.00 | $2.38 | $238 |
| 2026-02-27 | Wang Michael Xue | P-Purchase | 916.00 | $2.44 | $2,234 |
| 2026-02-27 | Wang Michael Xue | P-Purchase | 100.00 | $2.39 | $239 |
| 2026-02-27 | Wang Michael Xue | P-Purchase | 984.00 | $2.38 | $2,342 |
| 2026-02-26 | Wang Michael Xue | P-Purchase | 100.00 | $2.39 | $239 |
| 2026-02-26 | Wang Michael Xue | P-Purchase | 1,900.00 | $2.41 | $4,570 |
| 2026-02-25 | Wang Michael Xue | P-Purchase | 2,000.00 | $2.30 | $4,609 |
| 2026-02-25 | Wang Michael Xue | P-Purchase | 916.00 | $2.36 | $2,162 |
| 2026-02-25 | Wang Michael Xue | P-Purchase | 1,084.00 | $2.34 | $2,537 |
| 2026-02-24 | Wang Michael Xue | P-Purchase | 1,041.00 | $2.21 | $2,295 |
| 2026-02-24 | Wang Michael Xue | P-Purchase | 959.00 | $2.21 | $2,118 |
| 2026-02-12 | Pryzbyla Steven P. | S-Sale | 3,000.00 | $3.41 | $10,225 |
| 2026-02-13 | Pryzbyla Steven P. | S-Sale | 3,000.00 | $3.23 | $9,697 |
| 2026-02-17 | Pryzbyla Steven P. | S-Sale | 3,000.00 | $3.22 | $9,670 |
| 2025-11-20 | Fargis John | S-Sale | 7,500.00 | $1.95 | $14,625 |
Narrative Economics
The story the market is telling about this stock — the intangible X-factor
(founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond
what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for ISPR — it's generated by the pipeline (
market-narrative step).
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My Notes
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Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.352 · d1100787 · 2026-06-26 11:39:30