---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-077431"
form_type: "8-K"
ticker: "ISPR"
cik: "0001948455"
company_name: "Ispire Technology Inc."
filed_at: "2023-09-19T23:59:59+00:00"
generated_at: "2026-06-10T14:02:30.044582+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Ispire Tech FY2023 revenue up 31% to $115.6M; cannabis vaping sales doubled; issues strong FY2024 guidance

## Summary
- FY2023 revenue $115.6M (+31.2% YoY); cannabis vaping $40M (+100.4%), tobacco vaping $75.6M (+10.9%).
- Gross profit $21.1M (+58.4%), margin 18.2% vs 15.1%; net loss widened to $6.1M from $1.9M.
- Restatement: intangible asset corrected to nil, reducing nine-month net loss and equity.
- FY2024 outlook: cannabis vaping revenue growth 100%-125% ($80M-$90M); tobacco vaping growth 25%-40% ($95M-$105M).
- Q4 2023 non-GAAP net profit $0.5M vs loss of $1.9M in Q4 2022.

## SEC filing metadata
- accession: 0001213900-23-077431
- form_type: 8-K
- ticker: ISPR
- cik: 0001948455
- company_name: Ispire Technology Inc.
- filed_at: 2023-09-19T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1948455/000121390023077431/0001213900-23-077431-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1948455/000121390023077431/ea185377-8k_ispiretech.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-077431
- JSON: https://secwatch.observer/filing/0001213900-23-077431.json
- Plain text: https://secwatch.observer/filing/0001213900-23-077431.txt

## Key facts
- Earnings Releases
  Ispire Technology Inc. reported the fiscal year ended June 30, 2023 results: revenue $115.6 million. Guidance raised.
  - Period: the fiscal year ended June 30, 2023
  - Revenue: $115.6 million
  - Guidance: raised
  - Result: reported results
  source text: 2023 Revenue from cannabis vaping products was up 100.4% to $40 Million. Revenue from tobacco vaping products was up 10.9% to $75.6 Million. Overall Revenue Increased 31.2% to $115.6 Million Issues Fiscal Year 2024 Outlook for Cannabis Vaping Products, Representing a Potential Growth between 100% and 125%, Outlook for Tobacco Vaping Products, Representing a Potential
  evidence_url: https://www.sec.gov/Archives/edgar/data/1948455/000121390023077431/0001213900-23-077431-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.