---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-086405"
form_type: "8-K"
ticker: "ISPR"
cik: "0001948455"
company_name: "Ispire Technology Inc."
filed_at: "2023-11-14T23:59:59+00:00"
generated_at: "2026-06-08T04:12:36.309604+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Ispire Tech Q1 revenue $42.9M (+59%); net loss narrows to $1.4M; FY24 cannabis rev guide $80-90M

## Summary
- Revenue $42.9M (+59.1% YoY); cannabis vaping $17.3M (+116.8%), tobacco vaping $25.5M (+34.8%).
- Gross profit $6.9M (+43.7%); gross margin 16.1% vs 17.8% prior year.
- Net loss $1.4M, improved from $2.0M loss in prior-year quarter.
- FY2024 outlook: cannabis vaping $80-90M (100-125% growth), tobacco vaping $100-110M (33-47% growth).
- New manufacturing facility in Malaysia; cash $25.7M and working capital $27.6M at quarter end.

## SEC filing metadata
- accession: 0001213900-23-086405
- form_type: 8-K
- ticker: ISPR
- cik: 0001948455
- company_name: Ispire Technology Inc.
- filed_at: 2023-11-14T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1948455/000121390023086405/0001213900-23-086405-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1948455/000121390023086405/ea188247-8k_ispiretech.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-086405
- JSON: https://secwatch.observer/filing/0001213900-23-086405.json
- Plain text: https://secwatch.observer/filing/0001213900-23-086405.txt

## Key facts
- Earnings Releases
  Ispire Technology Inc. reported fiscal first quarter 2024, which ended on September 30, 2023 results: revenue Revenue increased 59.1% to $42.9 million, net income Net loss of $1.4 million.
  - Period: fiscal first quarter 2024, which ended on September 30, 2023
  - Revenue: Revenue increased 59.1% to $42.9 million
  - Net income: Net loss of $1.4 million
  - Result: reported results
  source text: OF ISPIRE TECHNOLOGY INC. ISSUED ON NOVEMBER 14, 2023 Exhibit 99.1 Ispire Technology Inc. Reports Financial Results for the Fiscal First Quarter 2024 Overall Revenue Increased 59.1% to $42.9 Million; Gross Profit Increased 43.7% to $6.9 Million. Revenue from cannabis vaping products up 116.8% to $17.3 Million Revenue from tobacco vaping products up 34.8% to
  evidence_url: https://www.sec.gov/Archives/edgar/data/1948455/000121390023086405/0001213900-23-086405-index.htm

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