ISPR - Ispire Technology Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$3.50
DETAILS
HIGH:
$3.50
LOW:
$3.50
MEDIAN:
$3.50
CONSENSUS:
$3.50
UPSIDE:
134.90%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | |||||
| Revenue | 127.5 | 151.9 | 115.6 | 88.1 | 63.4 |
| Cost of Revenue | 104.8 | 122.1 | 94.8 | 74.8 | 53.0 |
| Gross Profit | 22.6 | 29.8 | 20.8 | 13.3 | 10.4 |
| Operating Expenses | |||||
| R&D Expenses | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 38.5 | 37.7 | 25.3 | 14.3 | 6.8 |
| Other Expenses | 22.0 | 6.0 | 0 | 0 | 0 |
| Operating Expenses | 60.5 | 43.7 | 25.3 | 14.3 | 6.8 |
| Operating Income | |||||
| Operating Income | (37.8) | (13.9) | (4.5) | (1.0) | 3.6 |
| Interest Expense | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 0.1 | 0.4 | 0.2 | 0.0 | 0.0 |
| Profitability | |||||
| EBITDA | (35.8) | (11.8) | (3.7) | (0.7) | 3.9 |
| EBIT | (38.0) | (13.5) | (4.8) | (0.8) | 3.6 |
| Income Before Tax | (38.0) | (13.5) | (4.8) | (0.8) | 3.6 |
| Income Tax Expense | 1.2 | 1.3 | 1.2 | 1.1 | 0.7 |
| Net Income | (39.2) | (14.8) | (6.0) | (1.9) | 2.9 |
| Per Share Data | |||||
| EPS (Basic) | -0.69 | -0.27 | -0.11 | -0.04 | 0.06 |
| EPS (Diluted) | -0.69 | -0.27 | -0.11 | -0.04 | 0.06 |
| Shares Outstanding | 56.9 | 54.8 | 54.2 | 52.7 | 52.7 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Current Assets | |||||
| Cash & Cash Equivalents | 24.4 | 35.1 | 40.3 | 74.5 | 85.2 |
| Short-Term Investments | 0 | 0 | 9.1 | 0 | 0 |
| Net Receivables | 40.2 | 60.2 | 24.7 | 10.3 | 4.3 |
| Inventory | 6.6 | 6.4 | 7.5 | 14.6 | 3.1 |
| Other Current Assets | 0 | 0 | 0 | 0 | 0 |
| Total Current Assets | 72.9 | 102.6 | 84.8 | 99.4 | 93.4 |
| Non-Current Assets | |||||
| Property, Plant & Equipment | 8.0 | 6.2 | 5.3 | 0.4 | 0.4 |
| Goodwill | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 2.2 | 1.4 | 0 | 0 | 0 |
| Long-Term Investments | 18.9 | 12.2 | 0 | 0 | 0 |
| Other Non-Current Assets | 0.2 | 0.3 | 0.2 | 0.9 | (0.0) |
| Total Non-Current Assets | 29.3 | 20.1 | 5.6 | 1.3 | 0.4 |
| Total Assets | 102.2 | 122.6 | 90.4 | 100.7 | 93.9 |
| Current Liabilities | |||||
| Account Payables | 56.6 | 70.8 | 53.0 | 42.3 | 33.4 |
| Short-Term Debt | 1.1 | 0 | 0.8 | 0.3 | 0.2 |
| Deferred Revenue | 4.9 | 2.2 | 1.0 | 1.7 | 1.1 |
| Other Current Liabilities | 6.5 | 0.7 | 0.9 | 40.8 | 41.2 |
| Total Current Liabilities | 72.5 | 86.0 | 55.9 | 89.0 | 79.8 |
| Non-Current Liabilities | |||||
| Long-Term Debt | 0.8 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 25 | 0 | 0 | 0 | 0 |
| Total Non-Current Liabilities | 29.1 | 2.2 | 3.1 | 0 | 0.3 |
| Total Liabilities | 101.6 | 88.2 | 58.9 | 89.0 | 80.1 |
| Stockholders' Equity | |||||
| Common Stock | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Retained Earnings | (48.1) | (8.8) | 5.9 | 11.9 | 13.8 |
| Accumulated Other Comprehensive Income | (0.1) | 0.1 | (0.2) | (0.2) | (0.1) |
| Total Stockholders' Equity | 0.6 | 34.5 | 31.5 | 11.8 | 13.8 |
| Total Liabilities & Equity | 102.2 | 122.6 | 90.4 | 100.7 | 93.9 |
| Debt Metrics | |||||
| Total Debt | 7.1 | 3.4 | 3.9 | 0.3 | 0.5 |
| Net Debt | (17.3) | (31.7) | (36.4) | (74.1) | (84.8) |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | (39.2) | (14.8) | (6.1) | (1.9) | 2.9 |
| Depreciation & Amortization | 2.3 | 1.7 | 1.1 | 0.1 | 0.3 |
| Stock-Based Compensation | 5.6 | 6.4 | 0 | 0 | 0 |
| Change in Working Capital | 0.3 | (18.0) | (5.9) | (5.8) | 1.5 |
| Other Non-Cash Items | 23.7 | 6.3 | 3.3 | (0.0) | 0.3 |
| Operating Cash Flow | (7.4) | (18.3) | (7.6) | (7.6) | 5.0 |
| Investing Activities | |||||
| Capital Expenditure | (1.1) | (3.1) | (1.0) | (0.1) | (0.0) |
| Acquisitions | 0 | (1) | 0 | 0 | 0 |
| Purchases of Investments | 0 | (3) | (9.1) | 0 | 0 |
| Sales/Maturities of Investments | 0 | 9.1 | 0 | 0 | 0 |
| Other Investing Activities | (4.1) | (0.2) | 0 | 0 | 0 |
| Investing Cash Flow | (5.2) | 3.0 | (10.2) | (0.1) | (0.0) |
| Financing Activities | |||||
| Net Debt Issuance | 1.9 | 0 | (0.9) | (0.1) | (0.3) |
| Stock Repurchased | (0.1) | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | (3.4) | (0.5) | 0 |
| Other Financing Activities | 0 | (2.2) | (41.9) | (2.5) | 0.1 |
| Financing Cash Flow | 1.9 | 10.1 | (16.4) | (3.1) | (0.2) |
| Cash Position | |||||
| Net Change in Cash | (10.7) | (5.2) | (34.2) | (10.8) | 4.8 |
| Cash at Beginning | 35.1 | 40.3 | 74.5 | 85.2 | 80.5 |
| Cash at End | 24.4 | 35.1 | 40.3 | 74.5 | 85.2 |
| Free Cash Flow | (8.5) | (21.4) | (8.6) | (7.7) | 5.0 |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | 127.5 | 151.9 | 115.6 | 88.1 | 63.4 |
| Gross Profit | 22.6 | 29.8 | 20.8 | 13.3 | 10.4 |
| Operating Income | (37.8) | (13.9) | (4.5) | (1.0) | 3.6 |
| Net Income | (39.2) | (14.8) | (6.0) | (1.9) | 2.9 |
| EPS (Diluted) | -0.69 | -0.27 | -0.11 | -0.04 | 0.06 |
| Balance Sheet | |||||
| Cash & Equivalents | 24.4 | 35.1 | 40.3 | 74.5 | 85.2 |
| Total Assets | 102.2 | 122.6 | 90.4 | 100.7 | 93.9 |
| Total Debt | 7.1 | 3.4 | 3.9 | 0.3 | 0.5 |
| Stockholders' Equity | 0.6 | 34.5 | 31.5 | 11.8 | 13.8 |
| Cash Flow | |||||
| Operating Cash Flow | (7.4) | (18.3) | (7.6) | (7.6) | 5.0 |
| Capital Expenditure | (1.1) | (3.1) | (1.0) | (0.1) | (0.0) |
| Free Cash Flow | (8.5) | (21.4) | (8.6) | (7.7) | 5.0 |