Earnings ·
Ispire Technology Inc. reported financial results for the fourth quarter and fiscal year ended June 30, 2026
ISPRIspire Technology Inc.
Ispire Technology Inc. reported financial results for the fourth quarter and fiscal year ended June 30, 2026. Fourth-quarter revenue increased 33% year-over-year to $26.7 million, while full-year revenue decreased 24.7% to $96.0 million due to lower cannabis vaping hardware sales in the U.S. and reduced vaping product sales in Europe. The company reported a net loss of $13.8 million for the quarter and $33.2 million for the fiscal year, with adjusted EBITDA improving significantly as operating expenses declined 26% year-over-year to $44.9 million. Net cash used in operating activities improved by $6.8 million to $569,000 for the full year. The company highlighted progress in its Malaysia manufacturing facility and technology joint ventures while noting that timing for achieving positive cash flow remains uncertain due to new facility investments. Ispire Technology Inc. operates in the vaping technology industry, designing and commercializing e-cigarettes, cannabis vapor products, and age-gating technologies.