Ispire Technology Inc. (ISPR) Stock

Ispire Technology Inc. (ISPR) is a Consumer Staples stock trading at $1.49 (as of 2026-08-21), with a market capitalization of $85.53M. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Ispire Technology Inc. manufactures e-cigarettes and cannabis vaping products. Founded in 2019 and based in Los Angeles, California, it operates as a subsidiary of Pride Worldwide Investment Limited.

Understand Ispire Technology Inc.: how it makes money

Ispire Technology Inc. manufactures e-cigarettes and cannabis vaping products, selling tobacco vaping products and cannabis vaping products, and it also reports an international nicotine Original Design Manufacturing (ODM) pipeline.

Because the company is generating low gross margin (10.7%) and a deeply negative operating margin (-50.8%), its profitability appears to depend not just on selling tobacco and cannabis vaping products, but on whether operating expenses can be controlled as revenue changes.

Revenue by segment (latest quarter)
Tobacco Vape$0.0B
Cannabis Vape$0.0B

Business quality (Weak): This quarter shows small reported revenue (about 0.04B in the segment candidates) with gross margin of 10.7% and operating margin of -50.8%, so investor focus should be on whether revenue from tobacco and cannabis vaping can scale without further worsening operating losses.

Bull case

  • Product mix across nicotine tobacco vaping and cannabis vaping: The company reports both Tobacco Vaping Products Revenue (0.03B) and Cannabis Vaping Products Revenue (0.01B), which can help diversify end-market exposure.
  • International manufacturing pipeline is a reported revenue stream: International Nicotine Original Design Manufacturing Pipeline Revenue is reported at 0.02B, which indicates the business model includes pipeline sales beyond only domestic product sales.

Bear case

  • Operating losses are large relative to gross profit: Gross margin is 10.7% while operating margin is -50.8%, suggesting operating expenses are high versus gross profit in this period.
  • Revenue scale is small in the provided period: Reported segment revenue totals about 0.04B in the segment candidates, so results may be sensitive to changes in demand, mix, and manufacturing or commercial execution.
  • Regulatory and compliance risk for vaping categories: The company sells tobacco and cannabis vaping products, which are typically subject to evolving regulation and compliance requirements, creating uncertainty around market access and product economics.
Valuation — source: SEC EDGAR (first-party)
Price$1.49
Market Cap$85.53M
Price / Sales0.96
FCF Yield0.3%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$127.49M
Net Margin-30.8%
Revenue Growth (YoY)-28.7%
EPS Growth (YoY)-10.5%
FCF Growth (YoY)-113.9%
Financial Health — source: SEC EDGAR
Altman Z-Score-0.12 (distress)
Valuation vs Sector & Industry
Sector P/E (Consumer Staples)26.7
Industry P/E (Tobacco Products)21.6
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderYong Rong (HK) Asset Management Ltd ($2.77M)
Institutional Holders Tracked10
Company
SectorConsumer Staples
IndustryTobacco Products
CEOTuanfang Liu
Employees98
CountryUS
IPO Date2023-04-04

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ISPR earnings history · ISPR institutional & insider holders · ISPR KPIs & operating metrics · ISPR financials · ISPR investor presentations & press releases · ISPR SEC filings · ISPR peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-21.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.