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Sep 30, 2024
Ispire Q1 2025 Earnings Report
Reported fiscal first quarter 2025 results, with gross profit increase and strategic shifts in US business.
Key Takeaways
Ispire Technology Inc. reported a decrease in revenue of 8.2% to $39.3 million compared to the same period last year. However, gross profit increased by 13.2% year-over-year to $7.7 million, and gross margins improved to 19.5%. The company reported a net loss of $5.6 million, or $0.10 per share.
Gross profit increased 13.2% year-over-year to $7.7 million.
Gross margins increased to 19.5%, up from 16.0% in fiscal Q1 2024.
Expanded global reach through a 5-year master distributor agreement with ANDS for MENA and Global Duty-Free Markets.
Net loss was ($5.6) million or ($0.10) per share.
Ispire
Ispire
Ispire Revenue by Geographic Location
Revenue by Geographic Location
Europe Revenue
CapyFin.com Forward Guidance
Ispire is well-positioned to continue delivering value to its shareholders as it advances its mission of becoming a global leading provider of innovative vaping technology and precision dosing solutions.