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Stock impact report

Ispire Technology Inc. Reports Financial Results for the Fiscal Year 2024

Ispire Technology Inc. (ISPR) 
Company Research Source: PR Newswire
Record Revenue Year with Revenue Increasing 31.4% Year-Over-Year to $151.9 MillionGross Profit Increased 43.3% Year-Over-Year to $29.8 MillionSubmitted PMTA Application in September 2024 Planning to Re-enter US ENDS MarketLOS ANGELES, Sept. 26, 2024 /PRNewswire/ -- Ispire Technology Inc. (NASDAQ: ISPR) ("Ispire," the "Company," "we," "us," or "our"), an innovator in vaping technology and precision dosing, today reported results for the fiscal year 2024, which ended on June 30, 2024, and will file its annual report on Form 10-K with the U.S. Securities and Exchange Commission (the "SEC") on September 26, 2024.Fiscal Year 2024 Financial ResultsRevenue increased 31.4% to $151.9 million as compared to $115.6 million in the 2023 fiscal year.Gross profit increased 43.3% to $29.8 million compared to $20.8 million in the 2023 fiscal year.Gross margin increased to 19.6% as compared to 18.0% in the 2023 fiscal year;Total operating expenses increased 73.0% to $43.7 million as compared to $25.3 m Show less Read more
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