NASDAQ$ISPR

Ispire Technology Inc · Q4 2023 earnings

Q4 2023 earnings · · Investor relations

Briefing

Ispire Technology Inc. reported financial results for the fiscal full year 2023.

Ispire Technology reported a net loss of $1.6 million for Q4 2023, compared to a $2.2 million net loss in Q4 2022. Non-GAAP net profit for Q4 2023 was $0.5 million, compared to a $1.9 million net loss in Q4 2022. Fiscal year 2023 saw a 100.4% increase in cannabis vaping products revenue to $40 million and a 10.9% increase in tobacco vaping products revenue to $75.6 million.

  • Cannabis vaping products revenue increased by 100.4% in fiscal year 2023.
  • Tobacco vaping products revenue increased by 10.9% in fiscal year 2023.
  • Overall revenue increased by 31.2% in fiscal year 2023.
  • The company anticipates continued growth in cannabis and tobacco vaping products for fiscal year 2024.

Headline financials

Total Revenue

$32.6M

Previous: $21.8M+49.3%
EPS (adj)

$0.01

Previous: -$0.05+120.0%
Net Income

-$1.6M

Previous: -$2.16M+26.0%
Cash & Equivalents

$40.3M

Previous: $74.5M-45.9%

Revenue & EPS history

Ispire · Revenue · Quarterly

$32.6M

Q4 2023+49.3%vs Q4 2022
Beat estimate in 2 of 11 quarters(18%)
ActualEstimate

Revenue by segment

Ispire · $20.1M total across 1 segment · Q4 2025

  • Vaping Products
    $20.1M

Forward guidance

Ispire projects continued growth in cannabis and tobacco vaping products revenue for fiscal year 2024.

Tailwinds

  • Cannabis vaping products revenue is projected to increase between 100% and 125%.
  • Tobacco vaping products revenue is projected to increase between 25% and 40%.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 12 quarterly earnings reports · overlaid with Q4 2023

Historical avgQ4 2023

-0.2%

Avg return

Earnings day

+0.3%

Avg return

5 days after

-9.1%

Avg return

30 days after

31%

5 / 16 earnings

Positive

+27.2%

Q1 2024

Best reaction

-12.7%

Q2 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026-5.7%+1.2%+1.2%
Q2 2026+9.5%+14.4%-20.9%
Q1 2026-9.0%-11.0%+26.4%
Q4 2025-1.8%-19.0%-28.9%
Q3 2025-3.7%+6.6%-9.5%
Q2 2025-8.4%-6.6%-14.6%
Q1 2025-4.0%+4.2%-2.6%
Q4 2024+13.4%+7.6%+6.7%
Q3 2024+5.9%+20.2%+18.6%
Q2 2024-12.7%-16.7%-32.4%
Q1 2024+27.2%+2.1%-19.9%
Q4 2023+7.7%+6.0%+0.7%
Q1 2023-9.9%+0.5%-15.6%
Q4 2022-3.9%-1.7%-18.2%
Q3 2023-3.9%-1.7%-18.2%
Q3 2022-3.9%-1.7%-18.2%
Q2 2023
Q2 2021
Q1 2022

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