Ispire Technology reports FY2024 record revenue $151.9M (+31%), net loss widens to $14.8M

Ispire Technology Inc.

Revenue $151.9M (+31.4% YoY); gross profit $29.8M (+43.3%); net loss $14.8M ($0.27/sh) vs $6.0M loss prior year.
Submitted first PMTA in four years for disposable ENDS product with 4 flavors to re-enter US market.
Opened 31,000 sq ft Malaysia facility; appointed new CFO, SVP Nicotine, SVP Cannabis Sales.
Cash $35.1M; working capital $16.6M; completed $12.3M public offering in spring.
Challenges: slow-paying customers due to US cannabis 280E tax and lack of rescheduling; operating expenses up 73% to $43.7M.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.