ISPIRE TECHNOLOGY INC Financials

ISPR

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE June

Financial Health Signals

Financial Profile 4/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability

ISPIRE TECHNOLOGY INC has an operating margin of -29.7%, meaning the company retains $-30 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is down from -9.2% the prior year.

Growth

ISPIRE TECHNOLOGY INC's revenue declined 16.1% year-over-year, from $151.9M to $127.5M. This contraction results in a growth score of 0/100.

Leverage

ISPIRE TECHNOLOGY INC has elevated debt relative to equity (D/E of 168.04), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 0/100, reflecting increased financial risk.

Liquidity

ISPIRE TECHNOLOGY INC's current ratio of 1.01 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 20/100, which could limit financial flexibility.

Cash Flow

While ISPIRE TECHNOLOGY INC generated -$7.4M in operating cash flow, capex of $1.1M consumed most of it, leaving -$8.5M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.

Piotroski F-Score Weak

2/9

ISPIRE TECHNOLOGY INC passes 2 of 9 financial strength tests. 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.

Earnings Quality Low Quality

0.19x

For every $1 of reported earnings, ISPIRE TECHNOLOGY INC generates $0.19 in operating cash flow (-$7.4M OCF vs -$39.2M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

This page shows ISPIRE TECHNOLOGY INC (ISPR) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 4 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

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Key Financial Metrics

Revenue

$127.5M

YoY-16.1%

ISPIRE TECHNOLOGY INC generated $127.5M in revenue in fiscal year 2025. This represents a decrease of 16.1% from the prior year.

EBITDA

-$37.0M

YoY-176.6%

ISPIRE TECHNOLOGY INC's EBITDA was -$37.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 176.6% from the prior year.

Free Cash Flow

-$8.5M

YoY+58.2%

ISPIRE TECHNOLOGY INC generated -$8.5M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 58.2% from the prior year.

Net Income

-$39.2M

YoY-165.7%

ISPIRE TECHNOLOGY INC reported -$39.2M in net income in fiscal year 2025. This represents a decrease of 165.7% from the prior year.

EPS (Diluted)

$-0.69

YoY-155.6%

ISPIRE TECHNOLOGY INC earned $-0.69 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 155.6% from the prior year.

Cash & Debt

$24.4M

YoY-30.6%

ISPIRE TECHNOLOGY INC held $24.4M in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

57M

YoY+1.3%

ISPIRE TECHNOLOGY INC had 57M shares outstanding in fiscal year 2025. This represents an increase of 1.3% from the prior year.

Gross Margin

17.8%

YoY-1.8pp

ISPIRE TECHNOLOGY INC's gross margin was 17.8% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 1.8 percentage points from the prior year.

Operating Margin

-29.7%

YoY-20.5pp

ISPIRE TECHNOLOGY INC's operating margin was -29.7% in fiscal year 2025, reflecting core business profitability. This is down 20.5 percentage points from the prior year.

Net Margin

-30.8%

YoY-21.1pp

ISPIRE TECHNOLOGY INC's net profit margin was -30.8% in fiscal year 2025, showing the share of revenue converted to profit. This is down 21.1 percentage points from the prior year.

Return on Equity

N/A

R&D Spending

$363K

YoY-53.4%

ISPIRE TECHNOLOGY INC invested $363K in research and development in fiscal year 2025. This represents a decrease of 53.4% from the prior year.

Share Buybacks

$60K

ISPIRE TECHNOLOGY INC spent $60K on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

Capital Expenditures

$1.1M

YoY-44.1%

ISPIRE TECHNOLOGY INC invested $1.1M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 44.1% from the prior year.

ISPR Income Statement

Metric	FY25	FY24	FY23	FY22
Revenue	$127.5M-16.1%	$151.9M+31.4%	$115.6M+31.2%	$88.1M
Cost of Revenue	$104.8M-14.2%	$122.1M+28.8%	$94.8M+26.8%	$74.8M
Gross Profit	$22.6M-23.9%	$29.8M+43.3%	$20.8M+56.1%	$13.3M
R&D Expenses	$363K-53.4%	$779K+433.1%	$146K	N/A
SG&A Expenses	$30.0M-3.3%	$31.1M+49.0%	$20.8M+137.0%	$8.8M
Operating Income	-$37.8M-172.4%	-$13.9M-210.5%	-$4.5M-352.5%	-$989K
Interest Expense	N/A	N/A	$3.3M	N/A
Income Tax	$1.2M-6.1%	$1.3M+3.0%	$1.2M	N/A
Net Income	-$39.2M-165.7%	-$14.8M-146.0%	-$6.0M-220.3%	-$1.9M
EPS (Diluted)	$-0.69-155.6%	$-0.27-125.0%	$-0.12-200.0%	$-0.04

Metric	Q2'25	Q1'25	Q3'25	Q2'24	Q1'24	Q3'24	Q2'23	Q1'23
Revenue	$20.3M-33.2%	$30.4M+15.9%	$26.2M-37.4%	$41.8M+6.3%	$39.3M+31.1%	$30.0M-28.0%	$41.7M-2.8%	$42.9M
Cost of Revenue	$16.8M-33.3%	$25.2M+17.7%	$21.4M-37.2%	$34.1M+7.7%	$31.7M+32.5%	$23.9M-32.6%	$35.4M-1.6%	$36.0M
Gross Profit	$3.5M-32.5%	$5.1M+7.8%	$4.8M-38.2%	$7.7M+0.6%	$7.7M+25.4%	$6.1M-2.1%	$6.3M-8.6%	$6.8M
R&D Expenses	N/A	N/A	N/A	N/A	N/A	$164K+548.2%	$25K	N/A
SG&A Expenses	$4.7M+3.3%	$4.5M-67.1%	$13.7M+55.1%	$8.8M+29.1%	$6.8M-31.7%	$10.0M+14.2%	$8.8M+31.1%	$6.7M
Operating Income	-$6.9M-155.1%	-$2.7M+74.5%	-$10.6M-43.8%	-$7.4M-39.8%	-$5.3M+6.9%	-$5.7M-44.3%	-$3.9M-346.4%	-$878K
Interest Expense	$100K-10.7%	$112K	N/A	$13K+14.0%	$11K	N/A	N/A	$225K
Income Tax	$107K-78.1%	$486K+174.6%	$177K-61.5%	$460K+0.7%	$457K+78.8%	$255K-27.5%	$352K-29.0%	$496K
Net Income	-$6.6M-102.6%	-$3.3M+70.0%	-$10.9M-35.7%	-$8.0M-43.0%	-$5.6M+5.6%	-$5.9M-48.4%	-$4.0M-197.6%	-$1.3M
EPS (Diluted)	$-0.12-100.0%	$-0.06+68.4%	$-0.19-35.7%	$-0.14-40.0%	$-0.10+9.1%	$-0.11-57.1%	$-0.07-250.0%	$-0.02

ISPR Balance Sheet

Metric	FY25	FY24	FY23	FY22
Total Assets	$102.2M-16.7%	$122.6M+35.7%	$90.4M-10.3%	$100.7M
Current Assets	$72.9M-28.9%	$102.6M+20.9%	$84.8M-14.7%	$99.4M
Cash & Equivalents	$24.4M-30.6%	$35.1M-13.0%	$40.3M-45.9%	$74.5M
Inventory	$6.6M+4.4%	$6.4M-14.8%	$7.5M-48.8%	$14.6M
Accounts Receivable	$39.7M-33.6%	$59.7M+143.6%	$24.5M+196.9%	$8.3M
Goodwill	N/A	N/A	N/A	N/A
Total Liabilities	$101.6M+15.2%	$88.2M+49.7%	$58.9M-33.8%	$89.0M
Current Liabilities	$72.5M-15.6%	$86.0M+54.0%	$55.9M-37.2%	$89.0M
Long-Term Debt	N/A	N/A	N/A	N/A
Total Equity	$605K-98.2%	$34.5M+9.5%	$31.5M+167.4%	$11.8M
Retained Earnings	-$48.1M-444.6%	-$8.8M-248.5%	$5.9M-50.3%	$11.9M

Metric	Q2'25	Q1'25	Q3'25	Q2'24	Q1'24	Q3'24	Q2'23	Q1'23
Total Assets	$84.4M-12.5%	$96.4M-16.7%	$115.7M-12.4%	$132.0M+2.4%	$129.0M+19.4%	$108.0M+19.5%	$90.4M+2.6%	$88.1M
Current Assets	$63.7M-15.3%	$75.1M-20.1%	$94.0M-16.3%	$112.3M+3.5%	$108.5M+10.0%	$98.7M+18.8%	$83.0M+1.7%	$81.6M
Cash & Equivalents	$17.6M-22.5%	$22.7M-3.7%	$23.5M-31.6%	$34.4M-8.9%	$37.7M-4.4%	$39.5M+125.4%	$17.5M-31.9%	$25.7M
Inventory	$5.0M-18.3%	$6.2M-21.3%	$7.8M-0.9%	$7.9M+13.0%	$7.0M-28.8%	$9.8M+30.0%	$7.5M+34.6%	$5.6M
Accounts Receivable	$37.9M-14.9%	$44.5M-26.3%	$60.4M-10.7%	$67.7M+8.6%	$62.4M+30.6%	$47.7M+5.0%	$45.5M+16.1%	$39.2M
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$92.1M-6.3%	$98.2M-2.7%	$100.9M-6.4%	$107.8M+9.7%	$98.2M+36.2%	$72.1M+17.8%	$61.2M+7.5%	$57.0M
Current Liabilities	$60.2M-8.5%	$65.8M-31.6%	$96.2M-9.5%	$106.2M+10.2%	$96.4M+38.4%	$69.6M+19.2%	$58.4M+8.4%	$53.9M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$7.7M-333.2%	-$1.8M-112.0%	$14.8M-39.0%	$24.2M-21.1%	$30.7M-14.3%	$35.9M+23.0%	$29.1M-6.4%	$31.1M
Retained Earnings	-$57.9M-12.9%	-$51.3M-54.2%	-$33.3M-48.4%	-$22.4M-55.5%	-$14.4M-171.3%	-$5.3M-972.5%	$609K-86.8%	$4.6M

ISPR Cash Flow Statement

Metric	FY25	FY24	FY23	FY22
Operating Cash Flow	-$7.4M+59.7%	-$18.3M-116.4%	-$8.5M-11.9%	-$7.6M
Capital Expenditures	$1.1M-44.1%	$2.0M+93.0%	$1.0M+740.0%	$122K
Free Cash Flow	-$8.5M+58.2%	-$20.3M-113.9%	-$9.5M-23.4%	-$7.7M
Investing Cash Flow	-$5.2M-273.8%	$3.0M+129.4%	-$10.2M-8256.5%	-$122K
Financing Cash Flow	$1.9M-81.6%	$10.1M+164.8%	-$15.6M-404.0%	-$3.1M
Dividends Paid	N/A	N/A	$3.4M+616.0%	$470K
Share Buybacks	$60K	N/A	N/A	N/A

Metric	Q2'25	Q1'25	Q3'25	Q2'24	Q1'24	Q3'24	Q2'23	Q1'23
Operating Cash Flow	-$4.0M-235.1%	-$1.2M+90.5%	-$12.5M-292.8%	-$3.2M-188.1%	$3.6M+7.6%	$3.4M+147.2%	-$7.1M+45.8%	-$13.1M
Capital Expenditures	$69K+824.8%	$8K+104.1%	-$182K-436.8%	$54K-79.9%	$269K+257.9%	$75K-87.4%	$597K+12.1%	$533K
Free Cash Flow	-$4.0M-238.9%	-$1.2M+90.6%	-$12.7M-291.8%	-$3.2M-196.8%	$3.3M+1.9%	$3.3M+142.5%	-$7.7M+43.6%	-$13.7M
Investing Cash Flow	-$763K-444.9%	-$140K+76.1%	-$585K-227.4%	-$179K+80.7%	-$925K-111.8%	$7.8M+827.7%	-$1.1M-36.1%	-$789K
Financing Cash Flow	-$364K-14.1%	-$319K	N/A	-$1	N/A	$10.8M+1078590500.0%	$1+100.0%	-$703K
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	-$22K	N/A
Share Buybacks	$0	N/A	N/A	N/A	N/A	N/A	N/A	N/A

ISPR Financial Ratios

Metric	FY25	FY24	FY23	FY22
Gross Margin	17.8%-1.8pp	19.6%+1.6pp	18.0%+2.9pp	15.1%
Operating Margin	-29.7%-20.5pp	-9.2%-5.3pp	-3.9%-2.7pp	-1.1%
Net Margin	-30.8%-21.1pp	-9.7%-4.5pp	-5.2%-3.1pp	-2.1%
Return on Equity	N/A	N/A	N/A	N/A
Return on Assets	-38.4%-26.4pp	-12.0%-5.4pp	-6.6%-4.8pp	-1.9%
Current Ratio	1.01-0.2	1.19-0.3	1.52+0.4	1.12
Debt-to-Equity	168.04+165.5	2.56+0.7	1.87-5.7	7.56
FCF Margin	-6.7%+6.7pp	-13.4%-5.2pp	-8.2%+0.5pp	-8.7%

Metric	Q2'25	Q1'25	Q3'25	Q2'24	Q1'24	Q3'24	Q2'23	Q1'23
Gross Margin	17.1%+0.2pp	17.0%-1.3pp	18.2%-0.2pp	18.5%-1.1pp	19.5%-0.9pp	20.4%+5.4pp	15.0%-1.0pp	16.0%
Operating Margin	-33.9%-25.0pp	-8.9%+31.5pp	-40.4%-22.8pp	-17.6%-4.2pp	-13.4%+5.5pp	-18.8%-9.4pp	-9.4%-7.3pp	-2.1%
Net Margin	-32.6%-21.8pp	-10.7%+30.7pp	-41.4%-22.3pp	-19.1%-4.9pp	-14.2%+5.5pp	-19.7%-10.2pp	-9.6%-6.5pp	-3.1%
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	-7.8%-4.4pp	-3.4%+6.0pp	-9.4%-3.3pp	-6.1%-1.7pp	-4.3%+1.1pp	-5.5%-1.1pp	-4.4%-2.9pp	-1.5%
Current Ratio	1.06-0.1	1.14+0.2	0.98-0.1	1.06-0.1	1.13-0.3	1.420.0	1.42-0.1	1.51
Debt-to-Equity	-12.01+43.5	-55.52-62.4	6.83+2.4	4.45+1.3	3.20+1.2	2.01-0.1	2.10+0.3	1.83
FCF Margin	-19.9%-16.0pp	-3.9%+44.5pp	-48.4%-40.7pp	-7.7%-16.2pp	8.5%-2.4pp	10.9%+29.4pp	-18.5%+13.4pp	-31.9%

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Frequently Asked Questions

What is ISPIRE TECHNOLOGY INC's annual revenue?

ISPIRE TECHNOLOGY INC (ISPR) reported $127.5M in total revenue for fiscal year 2025. This represents a -16.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is ISPIRE TECHNOLOGY INC's revenue growing?

ISPIRE TECHNOLOGY INC (ISPR) revenue declined by 16.1% year-over-year, from $151.9M to $127.5M in fiscal year 2025.

Is ISPIRE TECHNOLOGY INC profitable?

No, ISPIRE TECHNOLOGY INC (ISPR) reported a net income of -$39.2M in fiscal year 2025, with a net profit margin of -30.8%.

What is ISPIRE TECHNOLOGY INC's earnings per share (EPS)?

ISPIRE TECHNOLOGY INC (ISPR) reported diluted earnings per share of $-0.69 for fiscal year 2025. This represents a -155.6% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

What is ISPIRE TECHNOLOGY INC's EBITDA?

ISPIRE TECHNOLOGY INC (ISPR) had EBITDA of -$37.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

What is ISPIRE TECHNOLOGY INC's gross margin?

ISPIRE TECHNOLOGY INC (ISPR) had a gross margin of 17.8% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is ISPIRE TECHNOLOGY INC's operating margin?

ISPIRE TECHNOLOGY INC (ISPR) had an operating margin of -29.7% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is ISPIRE TECHNOLOGY INC's net profit margin?

ISPIRE TECHNOLOGY INC (ISPR) had a net profit margin of -30.8% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is ISPIRE TECHNOLOGY INC's free cash flow?

ISPIRE TECHNOLOGY INC (ISPR) generated -$8.5M in free cash flow during fiscal year 2025. This represents a 58.2% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is ISPIRE TECHNOLOGY INC's operating cash flow?

ISPIRE TECHNOLOGY INC (ISPR) generated -$7.4M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are ISPIRE TECHNOLOGY INC's total assets?

ISPIRE TECHNOLOGY INC (ISPR) had $102.2M in total assets as of fiscal year 2025, including both current and long-term assets.

What are ISPIRE TECHNOLOGY INC's capital expenditures?

ISPIRE TECHNOLOGY INC (ISPR) invested $1.1M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How much does ISPIRE TECHNOLOGY INC spend on research and development?

ISPIRE TECHNOLOGY INC (ISPR) invested $363K in research and development during fiscal year 2025.

Does ISPIRE TECHNOLOGY INC buy back shares?

Yes, ISPIRE TECHNOLOGY INC (ISPR) spent $60K on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does ISPIRE TECHNOLOGY INC have outstanding?

ISPIRE TECHNOLOGY INC (ISPR) had 57M shares outstanding as of fiscal year 2025.

What is ISPIRE TECHNOLOGY INC's current ratio?

ISPIRE TECHNOLOGY INC (ISPR) had a current ratio of 1.01 as of fiscal year 2025, which is considered adequate.

What is ISPIRE TECHNOLOGY INC's debt-to-equity ratio?

ISPIRE TECHNOLOGY INC (ISPR) had a debt-to-equity ratio of 168.04 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is ISPIRE TECHNOLOGY INC's return on assets (ROA)?

ISPIRE TECHNOLOGY INC (ISPR) had a return on assets of -38.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is ISPIRE TECHNOLOGY INC's cash runway?

Based on fiscal year 2025 data, ISPIRE TECHNOLOGY INC (ISPR) had $24.4M in cash against an annual operating cash burn of $7.4M. This gives an estimated cash runway of approximately 40 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

What is ISPIRE TECHNOLOGY INC's Piotroski F-Score?

ISPIRE TECHNOLOGY INC (ISPR) has a Piotroski F-Score of 2 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are ISPIRE TECHNOLOGY INC's earnings high quality?

ISPIRE TECHNOLOGY INC (ISPR) has an earnings quality ratio of 0.19x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is ISPIRE TECHNOLOGY INC?

ISPIRE TECHNOLOGY INC (ISPR) scores 4 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.