earnings
confidence high
sentiment neutral
materiality 0.70
Ispire Q4 revenue up 33% to $26.7M; FY26 net loss narrows to $33.2M
Ispire Technology Inc.
- Q4 revenue $26.7M, up 33% YoY and 43% sequentially; gross margin 6.3% vs 12.3% on inventory impairments.
- FY26 revenue $96.0M, down 24.7% YoY; US cannabis hardware fell $17.4M and Europe $12.7M.
- FY26 net loss $33.2M ($0.58/sh) vs $39.2M ($0.69); adjusted EBITDA loss $4.0M vs $8.8M.
- Operating cash use improved $6.8M to $569K; cash $19.3M and working capital $803K at June 30.
- Cash-flow-positive timing less certain after Malaysia capex; plant fully operational, IKE age-gating and G-Mesh licensing advancing.