Ispire Technology Inc. (ISPR) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
19700 MAGELLAN DRIVE LOS ANGELES, CA 90502 |
| State of Incorp. | |
| Fiscal Year End | June 30 |
| Industry (SIC) | 2111 - Cigarettes (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 3/31/2024 MRQ | 12/31/2023 MRQ | 6/30/2023 | |||
|---|---|---|---|---|---|
| ASSETS | |||||
| Current Assets | |||||
| Cash, cash equivalents, and short-term investments | 9,318 | 9,134 | |||
| Cash and cash equivalents | |||||
| Short-term investments | 9,318 | 9,134 | |||
| Receivables | 45,711 | 24,526 | |||
| Inventory, net of allowances, customer advances and progress billings | 7,548 | 7,472 | |||
| Inventory | 7,548 | 7,472 | |||
| Prepaid expense | 1,804 | ||||
| Advances on inventory purchases | 1,123 | ||||
| Other undisclosed current assets | 17,503 | 43,679 | |||
| Total current assets: | 83,008 | 84,811 | |||
| Noncurrent Assets | |||||
| Other noncurrent assets | 7,572 | 5,882 | |||
| Total noncurrent assets: | 7,572 | 5,882 | |||
| TOTAL ASSETS: | 90,580 | 90,693 | |||
| LIABILITIES AND EQUITY | |||||
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts payable and accrued liabilities | 6,053 | 1,310 | |||
| Accounts payable | 5,973 | 1,274 | |||
| Accrued liabilities | 80 | 36 | |||
| Deferred revenue | 1,705 | 989 | |||
| Other undisclosed current liabilities | 50,767 | 53,663 | |||
| Total current liabilities: | 58,525 | 55,962 | |||
| Noncurrent Liabilities | |||||
| Liabilities, other than long-term debt | 3,068 | 3,356 | |||
| Operating lease, liability | 3,068 | 3,356 | |||
| Total noncurrent liabilities: | 3,068 | 3,356 | |||
| Total liabilities: | 61,593 | 59,318 | |||
| Equity | |||||
| Equity, attributable to parent | 28,987 | 31,375 | |||
| Common stock | 5 | 5 | |||
| Additional paid in capital | 28,536 | 25,685 | |||
| Accumulated other comprehensive income (loss) | (5) | (164) | |||
| Retained earnings (accumulated deficit) | 451 | 5,848 | |||
| Total equity: | 28,987 | 31,375 | |||
| TOTAL LIABILITIES AND EQUITY: | 90,580 | 90,693 | |||
Income Statement (P&L) ($ in thousands)
| 3/31/2024 TTM | 12/31/2023 TTM | 6/30/2023 | ||
|---|---|---|---|---|
| Revenues | 141,315 | 115,606 | ||
| Cost of revenue | (116,906) | (94,530) | ||
| Other cost of operating revenue | (56,765) | (115,606) | ||
| Gross profit: | 24,410 | 21,076 | ||
| Operating expenses | (43,771) | (25,645) | ||
| Operating loss: | (19,362) | (4,569) | ||
| Nonoperating expense | (4) | (284) | ||
| Investment income, nonoperating | 199 | |||
| Gain (loss), foreign currency transaction, before tax | 31 | |||
| Other nonoperating income (expense) | 51 | (284) | ||
| Interest and debt expense | (3,159) | (3,333) | ||
| Loss from continuing operations before equity method investments, income taxes: | (22,525) | (8,186) | ||
| Other undisclosed income from continuing operations before income taxes | 3,333 | 3,333 | ||
| Loss from continuing operations before income taxes: | (19,192) | (4,853) | ||
| Income tax expense | (1,262) | (1,245) | ||
| Net loss: | (20,454) | (6,099) | ||
| Other undisclosed net income attributable to parent | 11,909 | |||
| Net loss available to common stockholders, diluted: | (8,545) | (6,099) | ||
Comprehensive Income ($ in thousands)
| 3/31/2024 TTM | 12/31/2023 TTM | 6/30/2023 | ||
|---|---|---|---|---|
| Net loss: | (20,454) | (6,099) | ||
| Comprehensive loss: | (20,454) | (6,099) | ||
| Other undisclosed comprehensive income, net of tax, attributable to parent | 11,946 | 21 | ||
| Comprehensive loss, net of tax, attributable to parent: | (8,507) | (6,078) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.