Ispire Technology Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|---|
| Revenue | $96.0M | $127.5M | $151.9M | $115.6M | $88.1M |
| Cost of Revenue | $83.7M | $104.8M | $122.1M | $94.8M | $74.8M |
| Gross Profit | $12.3M | $22.6M | $29.8M | $20.8M | $13.3M |
| Gross Margin | 12.8% | 17.8% | 19.6% | 18.0% | 15.1% |
| Operating Expenses | |||||
| Research & Development | $81.0K | $363.3K | $779.2K | $146.1K | — |
| SG&A Expense | $19.2M | $30.0M | $31.1M | $20.8M | $8.8M |
| Operating Income | $-32.6M | $-37.8M | $-13.9M | $-4.5M | $-988.7K |
| Operating Margin | -33.9% | -29.7% | -9.1% | -3.9% | -1.1% |
| Interest Expense | — | — | — | $3.3M | — |
| Pretax Income | $-32.1M | $-38.0M | $-13.5M | $-4.8M | $-803.1K |
| Income Tax Expense | $1.1M | $1.2M | $1.3M | $1.2M | — |
| Net Income | $-33.2M | $-39.2M | $-14.8M | $-6.0M | $-1.9M |
| Net Margin | -34.6% | -30.8% | -9.7% | -5.2% | -2.1% |
| EPS (Basic) | $-0.58 | $-0.69 | $-0.27 | $-0.12 | $-0.04 |
| EPS (Diluted) | $-0.58 | $-0.69 | $-0.27 | $-0.12 | $-0.04 |
| Shares Outstanding (Basic) | 57.3M | 56.9M | 54.8M | 50.7M | 50.0M |
| Shares Outstanding (Diluted) | 57.3M | 56.9M | 54.8M | 50.7M | 50.0M |
| Dividends Per Share | — | — | — | — | — |