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Ispire Technology Inc.

ISPR Nasdaq Consumer Staples · Cigarettes Los Angeles, CA www.ispiretechnology.com
$1.67
Mkt Cap 96.4M

Designer and manufacturer of vaping hardware devices for nicotine and cannabis products, sold under branded and private-label lines globally.

From the annual report

We are committed to delivering superior products that challenge industry norms, with the goal of delivering an unmatched customer and adult consumer experience. In achieving this, risk reduction is central to our mission, and we aim to improve the lives of our consumers through cutting-edge research and development. Our technology platforms look to reduce youth access to vaping products, which in turn will facilitate our ability to provide adult consumers with the products they desire. We are engaged in the research and development, design, commercialization, sales, marketing and distribution of branded and non-branded vaping hardware products in both the nicotine and cannabis spaces, as well as the assembly of nicotine pouch products and other next-generation nicotine products. Vaping refers to the practice of inhaling and exhaling the vapor produced by an electronic vaping device. These products are sold into the global nicotine markets in the form of e-cigarettes and global cannabis markets in the form of cartridges filled with oils by our customers. We sell our e-cigarette and pouch products globally, in markets where we are legally permitted to do so. To date, a majority of our nicotine products are marketed under the Aspire brand name and are sold primarily through our expansive distribution network, some products are also manufactured in Malaysia on an OEM or ODM for other customers. We currently sell our cannabis vaping hardware in the United States, Canada, and South Africa.

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REVENUE TTM
$96.0M
FCF TTM
-$911.9K
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