Expansion into South Africa & Nigeria Marks Ispire's First International Nicotine License Arrangement & Product Launch
LOS ANGELES, Jan. 15, 2025 /PRNewswire/ -- Ispire Technology Inc. ("Ispire" or the "Company") (NASDAQ: ISPR), an innovator in vaping technology and precision dosing, announced the successful launch of its BrkFst nicotine products across South Africa and Nigeria, marking the Company's first international nicotine license arrangement and product launch. BrkFst, the brand co-created by GRAMMY-Award winner Burna Boy, is set to redefine the nicotine product market in these regions.
LOS ANGELES, Nov. 26, 2024 /PRNewswire/ -- Ispire Technology Inc. ("Ispire" or the "Company") (NASDAQ: ISPR), a leader in the development and commercialization of vaping technology and precision dosing, announced that the Company will be participating in the 13th annual Marijuana Business Conference and Cannabis Expo ("MJBizCon"), taking place from Tuesday, December 3, 2024 through Friday, December 6, 2025 at the Las Vegas Convention Center.
Members of Ispire's senior management team, including President Ted Rouhani, Chief Financial Officer Jim McCormick, and Chief Legal Officer Steven Przybyla, will be hosting meetings during MJBizCon. Head of Impact Luna Stower, is also set to speak on the Leveraging the Power of Influencer Marketing: Strategies for Success panel on Tuesday at 1:00 p.m. ET during the conference's Marketing Forum in Room N110.
Innovative Vaping Technology Creates a Sustainable, Cost-Effective Ecosystem that Preserves Terpenes, Reduces Waste, and Supports Organizations Dedicated to Reducing Non-Recyclable Waste
LOS ANGELES, Nov. 25, 2024 /PRNewswire/ -- Ispire Technology Inc. (NASDAQ: ISPR), announced the launch of VLT, a groundbreaking vaping pod system that redefines the 510-thread experience. VLT's proprietary reload system offers a sustainable and eco-friendly solution that empowers consumers to take control of their vaping devices, addressing key concerns about environmental impact and disposable hardware waste.
Seeks Authorization for Pioneering Point-of-Use Identity and Age Verification Technology to Reduce Youth Access and Expand the Adult Market for Reduced-Risk Vapor Products
LOS ANGELES, Nov. 18, 2024 /PRNewswire/ -- Ispire Technology Inc. ("Ispire" or the "Company") (NASDAQ: ISPR), a trailblazer in vaping technology and precision dosing, and IKE Tech LLC ("IKE Tech"), a joint venture among three leading technology and research companies Ispire, Touch Point Worldwide d/b/a Berify and Chemular Inc., announced a successful in person pre-PMTA (Pre-Market Tobacco Product Application) submission meeting with FDA's Center for Tobacco Products (CTP) for their Age Verification technology, designed to allow adult access to electronic nicotine delivery systems (ENDS) while preventing youth access to such products at point-of-use.
Gross Profit Increased 13.2% Year-Over-Year to $7.7 Million
Gross Margins increased to 19.5%, up from 16.0% in Fiscal Q1 2024
Expanded Global Reach through 5-Year Master Distributor Agreement with ANDS for MENA and Global Duty-Free Markets
LOS ANGELES, Nov. 11, 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 first quarter 2025, which ended on September 30, 2024, and anticipates filing its annual report on Form 10-Q with the U.S. Securities and Exchange Commission (the "SEC") on November 12, 2024.
LOS ANGELES, Nov. 7, 2024 /PRNewswire/ -- Ispire Technology Inc. ("Ispire" or the "Company") (NASDAQ: ISPR), an innovator in vaping technology and precision dosing, announced today that it will host its earnings conference call at 8:00am ET on Monday, November 11, 2024, to discuss the Company's financial results for its fiscal first quarter ended September 30, 2024.
To attend the conference call, please dial in using the information below. When prompted upon dialing-in, please ask for the "Ispire Technology Call."
LOS ANGELES, Nov. 1, 2024 /PRNewswire/ -- Ispire Technology Inc. ("Ispire" or the "Company") (NASDAQ: ISPR), an innovator in vaping technology and precision dosing, announced that it will participate in MJ Unpacked, a premier event for cannabis industry stakeholders to connect, collaborate, and advance cannabis commerce.
Luna Stower, Head of Impact at Ispire, will serve as a panelist for the "Impact of Women in Cannabis" discussion, which will highlight the unique challenges and transformative contributions of female leaders in the cannabis industry. Moderated by Amy Larson, Senior Vice President of Sales & Marketing at Rx Green Technologies, the panel will feature trailblazers shaping the future of cannabis. Panelists include: Whitney Conroy, Chief Commercial Officer at Phylos Bioscience; Annie Davis, Vice President of Marketing at Airo Brands; and Luna Stower, Head of Impact at Ispire. Together, they will explore how women are driving innovation, navigating industry challenges, and creating a lasting impact on the cannabis sector.
LOS ANGELES, Oct. 7, 2024 /PRNewswire/ -- Ispire Technology Inc. ("Ispire" or the "Company") (NASDAQ: ISPR), a leader in the development and commercialization of vaping technology and precision dosing, announced a landmark five-year master distributor agreement with ANDS, a leading distributor in the MENA region specializing in non-combustion nicotine delivery solutions based in Dubai. This partnership marks a significant step in Ispire's global expansion strategy, enabling the company to bring its Hidden Hills Club nicotine portfolio to the Middle East, North Africa (MENA) region and Global Duty-Free markets.
Groundbreaking Technology Is 2x Faster than Current Automated Systems, Promises 10x Efficiency Boost, Unmatched Efficiency and Cost Savings
LOS ANGELES, Oct. 2, 2024 /PRNewswire/ -- Ispire Technology Inc. ("Ispire" or the "Company") (NASDAQ: ISPR), a leader in the development and commercialization of vaping technology and precision dosing, is set to revolutionize the cannabis industry with its groundbreaking "I-80" vapor device filling machine. Unveiling at the Benzinga Cannabis Capital Conference in Chicago on October 8 and 9, the I-80 promises to redefine production efficiency with its ability to produce 4000 fully filled and sealed vapor devices per hour.
LOS ANGELES, Oct. 1, 2024 /PRNewswire/ -- Ispire Technology Inc. ("Ispire" or the "Company") (NASDAQ: ISPR), an innovator in vaping technology and precision dosing, announced that its management will participate in the following upcoming conferences in October:
Benzinga Cannabis Capital Conference
Ispire will attend the Benzinga Cannabis Capital Conference, the leading cannabis investment and branding conference in North America. The event will take place at the Marriott Magnificent Mile in Chicago, IL from October 8 - 9. Steve Przybyla, Ispire's Chief Legal Officer, will participate in a panel titled "Vape Innovation Masterclass: Cost-Effective, Quality Tech for a Global Market," and Luna Stower, the Company's Head of Impact, will participate in a VIP Roundtable titled "Growing Your Socials/Personal Brand."
Record Revenue Year with Revenue Increasing 31.4% Year-Over-Year to $151.9 Million
Gross Profit Increased 43.3% Year-Over-Year to $29.8 Million
Submitted PMTA Application in September 2024 Planning to Re-enter US ENDS Market
LOS 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.
LOS ANGELES, Sept. 11, 2024 /PRNewswire/ -- Ispire Technology Inc. ("Ispire" or the "Company") (NASDAQ: ISPR), an innovator in vaping technology and precision dosing, announced today that it is rescheduling its earnings conference call to 8:00am ET on Thursday, September 26, 2024.
To attend the conference call, please dial in using the information below. When prompted upon dialing-in, please ask for the "Ispire Technology Call."
Date: Thursday, September 26, 2024Time: 8:00am ETDial-In Numbers: United States 877-451-6152 or International +1 201-389-0879LOS ANGELES, Sept. 5, 2024 /PRNewswire/ -- Ispire Technology Inc. ("Ispire" or the "Company") (NASDAQ: ISPR), an innovator in vaping technology and precision dosing, announced that its management will participate in the following upcoming conferences in September:
NECANN New Jersey Cannabis Convention
Ispire will attend NECANN'S New Jersey Cannabis Convention, which is the largest B2B cannabis industry event in NJ that partners with 420NJevents creating new opportunities for license holders, medical dispensaries, suppliers, cultivators, investors, entrepreneurs, and ancillary businesses. The event will take place at Atlantic City Convention Center in Atlantic City, NJ on September 6th and 7th. Adam Rothstein, Vice President of Revenue at Ispire, will be attending the convention.
LOS ANGELES, Sept. 4, 2024 /PRNewswire/ -- Ispire Technology Inc. ("Ispire" or the "Company") (NASDAQ: ISPR), an innovator in vaping technology and precision dosing, announced today that it will host its earnings conference call at 8:00am ET on Thursday, September 12, 2024, to discuss the Company's financial results for its fiscal year and fourth quarter ended June 30, 2024.
To attend the conference call, please dial in using the information below. When prompted upon dialing-in, please ask for the "Ispire Technology Call."
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