---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-043102"
form_type: "8-K"
ticker: "ISPR"
cik: "0001948455"
company_name: "Ispire Technology Inc."
filed_at: "2024-05-15T23:59:59+00:00"
generated_at: "2026-06-01T23:42:33.635374+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Ispire Tech Q3 revenue +24% to $30M, net loss widens to $5.9M

## Summary
- Revenue $30.0M (+24% YoY); North American cannabis vaping hardware +57% to $11.9M.
- Gross profit $6.1M (+35%); gross margin 20.4% vs 18.7% a year ago.
- Net loss $5.9M ($0.11 per share) vs net loss $2.3M ($0.05 per share) in Q3 2023.
- Closed $12.3M public offering during quarter; cash and equivalents $39.5M at March 31, 2024.
- Operating expenses surged 64% to $11.8M on marketing, Malaysia plant ramp, and public company costs.

## SEC filing metadata
- accession: 0001213900-24-043102
- form_type: 8-K
- ticker: ISPR
- cik: 0001948455
- company_name: Ispire Technology Inc.
- filed_at: 2024-05-15T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1948455/000121390024043102/0001213900-24-043102-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1948455/000121390024043102/ea0205993-8k_ispire.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-043102
- JSON: https://secwatch.observer/filing/0001213900-24-043102.json
- Plain text: https://secwatch.observer/filing/0001213900-24-043102.txt

## Key facts
- Earnings Releases
  Ispire Technology Inc. reported fiscal third quarter ended March 31, 2024 results: revenue $30.0 million, net income Net loss of $5.9 million, EPS $0.11 per share.
  - Period: fiscal third quarter ended March 31, 2024
  - Revenue: $30.0 million
  - Net income: Net loss of $5.9 million
  - EPS: $0.11 per share
  - Result: reported results
  source text: Revenue increased 24% to $30.0 million as compared to $24.1 million in the same period of 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1948455/000121390024043102/0001213900-24-043102-index.htm

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