Education
About Us
Working with TipRanks
Follow Us
Ispire Technology, Inc. (ISPR)
:ISPR
RESEARCH TOOLSreports
Earnings Data
Report Date
May 20, 2025TBA Not Confirmed
Period Ending
2025 (Q3)Consensus EPS Forecast
-0.12Last Year’s EPS
-0.11Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Feb 10, 2025
|% Change Since: 1.50%
|Next Earnings Date:May 20, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a balanced view of Ispire Technology's performance. While there were significant achievements in gross margin improvement, international expansion, and strategic initiatives like the stock repurchase program and PMTA strategy, the company also faced challenges with declining revenues in key regions and increased operating expenses leading to a higher net loss.Company Guidance
During the Ispire Technology earnings call for the fiscal second quarter of 2025, several key metrics and strategic initiatives were highlighted. The company reported a slight revenue increase to $41.8 million, a 0.3% rise from the previous year's $41.7 million, and an improvement in gross margin to 18.5% from 15%, resulting in a gross profit of $7.7 million. The nicotine business generated $31 million of total revenue, with significant contributions from new international markets, notably Africa. The launch of the BrkFst nicotine product in South Africa and Nigeria marked a milestone, expanding to over 500 retail locations. The company's stock repurchase program of up to $10 million was authorized, reflecting confidence in long-term growth. Despite a net loss of $8 million, the cash position was strong at $34.4 million. Additionally, Ispire is advancing with regulatory approvals in Malaysia and preparing for the UK market launch, positioning itself strategically in the global nicotine market.Gross Margin and Profit Increase
Gross margin for Q2 increased to 18.5% from 15%, with gross profit rising to $7.7 million from $6.3 million in the same quarter of fiscal 2024.
Nicotine Business Performance
Nicotine business accounted for $31 million of overall revenue, marking strong performance and expansion into new international markets, particularly in Africa.
Successful Product Launch in Africa
Launch of BrkFst nicotine product in South Africa and Nigeria, with a presence in over 500 retail locations, expected to expand to over 2,000 stores in six months.
Regulatory Approvals in Malaysia
Obtained nicotine import and export licenses from the Malaysian government, nearing completion of manufacturers license, enhancing operational capabilities.
Stock Repurchase Program
Board authorized a $10 million stock repurchase program through January 2027, reflecting confidence in Ispire's long-term vision.
Positive Cash Flow from Operations
Net cash provided by operating activities was $0.4 million, a significant improvement from $20.2 million used in the same period last year.
Component PMTA Strategy
Successful pre-PMTA meeting with FDA for age-gating technology, with potential to enter a $7 billion market opportunity in the U.S.
---
ISPR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
ISPR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 10, 2025 | $4.67 | $4.36 | -6.64% |
| Nov 11, 2024 | $6.26 | $5.89 | -5.91% |
| Sep 26, 2024 | $5.82 | $6.48 | +11.34% |
| May 14, 2024 | $5.97 | $6.33 | +6.03% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Ispire Technology, Inc. (ISPR) report earnings?
Ispire Technology, Inc. (ISPR) is schdueled to report earning on May 20, 2025, TBA Not Confirmed.
What is Ispire Technology, Inc. (ISPR) earnings time?
Ispire Technology, Inc. (ISPR) earnings time is at May 20, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ISPR EPS forecast?
ISPR EPS forecast for the fiscal quarter 2025 (Q3) is -0.12.
---