ISPIRE TECHNOLOGY INC Financials
ISPIRE TECHNOLOGY INC (ISPR) reported $127.5M in revenue for fiscal year 2025, down 16.1% from the prior fiscal year. This page shows its 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).
At Ispire, overhead absorption — not product margin — became the dominant mechanic as SG&A outgrew gross profit.
FY2025 free cash burn was only-$8.5M while the net loss reached-$39.2M , so the income statement looked far worse than the actual cash drain. With capex at just$1.1M and equity down to$605K , the strain is less about funding assets and more about supporting a business whose losses have nearly consumed its balance-sheet cushion.
The core issue in FY2025 was overhead absorption: SG&A of
Liquidity is tight, not because inventory is bloated, but because the balance sheet has almost no shock absorber left: cash fell to
Financial Health Signals
Scored against emerging companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of ISPIRE TECHNOLOGY INC's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
ISPIRE TECHNOLOGY INC scores -0.12, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($85.5M) relative to total liabilities ($101.6M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
ISPIRE TECHNOLOGY INC passes 2 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.
ISPIRE TECHNOLOGY INC reported a net loss of $39.2M while operations used $7.4M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
ISPIRE TECHNOLOGY INC generated $127.5M in revenue in fiscal year 2025. This represents a decrease of 16.1% from the prior year.
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.
ISPIRE TECHNOLOGY INC reported -$39.2M in net income in fiscal year 2025. This represents a decrease of 165.7% from the prior year.
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 & Balance Sheet
ISPIRE TECHNOLOGY INC recorded an outflow of $8.5M in free cash flow in fiscal year 2025, representing a cash shortfall after capex. This represents an increase of 58.2% from the prior year.
ISPIRE TECHNOLOGY INC held $24.4M in cash as of fiscal year 2025; long-term debt is not reported for that period.
Not reported for fiscal year 2025.
Margins & Returns
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.
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.
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.
ISPIRE TECHNOLOGY INC's ROE was -6489.3% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 6446.4 percentage points from the prior year.
Capital Allocation
ISPIRE TECHNOLOGY INC invested $363K in research and development in fiscal year 2025. This represents a decrease of 53.4% from the prior year.
ISPIRE TECHNOLOGY INC spent $60K on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding.
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
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 |
|---|---|---|---|---|---|
| Revenue | $89.5M | $127.5M-16.1% | $151.9M+31.4% | $115.6M+31.2% | $88.1M |
| Cost of Revenue | $76.4M | $104.8M-14.2% | $122.1M+28.8% | $94.8M+26.8% | $74.8M |
| Gross Profit | $13.1M | $22.6M-23.9% | $29.8M+43.3% | $20.8M+56.1% | $13.3M |
| R&D Expenses | N/A | $363K-53.4% | $779K+433.1% | $146K | N/A |
| SG&A Expenses | $20.7M | $30.0M-3.3% | $31.1M+49.0% | $20.8M+137.0% | $8.8M |
| Operating Income | -$33.7M | -$37.8M-172.4% | -$13.9M-210.5% | -$4.5M-352.5% | -$989K |
| Interest Expense | N/A | N/A | N/A | $3.3M | N/A |
| Income Tax | $880K | $1.2M-6.1% | $1.3M+3.0% | $1.2M | N/A |
| Net Income | -$34.2M | -$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 |
TTM is the trailing twelve months, Q4 FY2025 through Q3 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
ISPR Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| 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 |
| 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 |
| 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 |
Not reported in any period shown, so not listed: Goodwill, Long-Term Debt.
ISPR Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 |
|---|---|---|---|---|---|
| Operating Cash Flow | $1.5M | -$7.4M+59.7% | -$18.3M-116.4% | -$8.5M-11.9% | -$7.6M |
| Capital Expenditures | $1.3M | $1.1M-44.1% | $2.0M+93.0% | $1.0M+740.0% | $122K |
| Free Cash Flow | $217K | -$8.5M+58.2% | -$20.3M-113.9% | -$9.5M-23.4% | -$7.7M |
| Investing Cash Flow | -$5.6M | -$5.2M-273.8% | $3.0M+129.4% | -$10.2M-8256.5% | -$122K |
| Financing Cash Flow | -$1.4M | $1.9M-81.6% | $10.1M+164.8% | -$15.6M-404.0% | -$3.1M |
| Dividends Paid | N/A | N/A | N/A | $3.4M+616.0% | $470K |
| Share Buybacks | N/A | $60K | N/A | N/A | N/A |
TTM is the trailing twelve months, Q4 FY2025 through Q3 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
ISPR Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| 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 | -6489.3%-6446.4pp | -42.9%-23.8pp | -19.1%-3.1pp | -15.9% |
| Return on Assets | -38.4%-26.4pp | -12.0%-5.4pp | -6.6%-4.8pp | -1.9% |
| Current Ratio | 1.01-0.2x | 1.19-0.3x | 1.52+0.4x | 1.12 |
| Debt-to-Equity | 168.04+165.5x | 2.56+0.7x | 1.87-5.7x | 7.56 |
| FCF Margin | -6.7%+6.7pp | -13.4%-5.2pp | -8.2%+0.5pp | -8.7% |
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Where ISPIRE TECHNOLOGY INC Ranks
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 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 return on equity (ROE)?
ISPIRE TECHNOLOGY INC (ISPR) has a return on equity of -6489.3% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is ISPIRE TECHNOLOGY INC's free cash flow?
ISPIRE TECHNOLOGY INC (ISPR) recorded an outflow of $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) recorded an outflow of $7.4M in operating cash flow during fiscal year 2025, representing cash used by 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.
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 Altman Z-Score?
ISPIRE TECHNOLOGY INC (ISPR) has an Altman Z-Score of -0.12, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is ISPIRE TECHNOLOGY INC's Piotroski F-Score?
ISPIRE TECHNOLOGY INC (ISPR) has a Piotroski F-Score of 2 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 to 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) reported a net loss of $39.2M while operations used $7.4M of cash. With neither figure positive, the ratio between the two carries no quality signal. 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 46 out of 100 on our Financial Health Score, indicating moderate standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.