Ispire Technology Inc. Common Stock (ISPR)

FairStock Score: 22/100 — RISKY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look for businesses that earn consistent profits and possess a durable competitive advantage. Ispire does not yet meet that bar. It sells e-cigarette and cannabis vaping products under the Aspire brands through distributors, an intensely competitive field with little evidence of pricing power. The filed results show revenue falling from $151.9M in fiscal 2024, the year ended 2024-06-30, to $127.5M in fiscal 2025, the year ended 2025-06-30, and then to $96.0M in fiscal 2026, the year ended 2026-06-30. Net losses have been persistent: $14.8M in fiscal 2024, $39.2M in fiscal 2025, and $33.2M in fiscal 2026; diluted EPS was -$0.27, -$0.69, and -$0.58 in those periods. The fiscal 2026 loss narrowed from fiscal 2025, but a $33.2M loss on $96.0M of revenue is not a healthy business. In fiscal Q3 2026, the quarter ended 2026-03-31, revenue was $18.7M and net loss was $9.5M. FairStock's calculations show a negative P/E of -2.50 at the $1.45 close on 2026-10-13, ROCE of -24.47%, ROE of -428.57%, and negative trailing free cash flow of $1.3M. The Altman Z-Score is -1.50, a warning sign, and the Piotroski F-Score is 5/9, merely middling. At an $83.7M market cap, the price is not supported by earnings or cash flow. A Graham-style investor would want a margin of safety; here the only margin is uncertainty. Until the company can stabilize revenue and move toward consistent profits, it remains speculative rather than investment-grade.

In plain English: Ispire Technology makes and sells e-cigarette and cannabis vaping products under the Aspire brands, mainly through distributors. The business looks weak: sales have shrunk and it has lost money for years. At $1.45 a share, the price looks expensive against the company's numbers, because it is losing money and has no profits to support it.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q3 2026 10-Q (period ended 2026-03-31) · fiscal Q2 2026 10-Q (period ended 2025-12-31) · fiscal Q1 2026 10-Q (period ended 2025-09-30) · fiscal Q3 2025 10-Q (period ended 2025-03-31) · FY2026 10-K (period ended 2026-06-30) · FY2025 10-K (period ended 2025-06-30) · FY2024 10-K (period ended 2024-06-30)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer