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Cannabis Vape Co. Ispire Grows Abroad As US Sales Decline Slows Q1 Revenue

Cannabis Vape Co. Ispire Grows Abroad As US Sales Decline Slows Q1 Revenue

大麻股Vape公司Ispire在美國銷售下降放緩的同時,海外銷售規模擴大,Q1營業收入增長
Benzinga ·  11/12 05:59

Ispire Technology Inc. (NASDAQ:ISPR), a company with a focus on innovations in vaping technology and precision dosing, reported its first quarter 2025 results Monday for the period ended on Sept. 30, 2024.

納斯達克:艾斯皮亞科技股份有限公司(NASDAQ:ISPR)致力於創新的霧化技術和精密計量,週一公佈了截至2024年9月30日的2025年第一季度業績報告。

Co-CEO Michael Wang said despite challenges the company remained focused on long-term growth, with promising advancements in vaping technology and strategic global partnerships.

聯席首席執行官邁克爾·王表示,儘管公司面臨挑戰,但仍專注於長期增長,在霧化技術和戰略全球合作伙伴關係方面取得了令人期待的進展。

"While our financial results were slightly impacted due to the strategic shifts we have made in our US business to focus on high-quality customers and to improve payment terms and gross profit, I am pleased with our team's overall performance given the challenging macroeconomic environment and look forward to the remainder of fiscal 2025 and the opportunities that lay ahead," Wang said.

「儘管由於我們在美國業務中進行戰略轉變,專注於高質量客戶和改善付款條件和毛利潤,我們的財務結果受到了輕微影響,但我對我們團隊在充滿挑戰的宏觀經濟環境中的整體表現感到滿意,期待財政2025年餘下的時間和未來的機遇,」 王說。

Q1 2025 Financial Highlights

2025財年第一季度財務亮點

  • Revenue totaled $39.3 million, representing a decrease of 8.2% year-over-year to $42.9 million due to lower U.S. product sales (by $8.1 million year-over-year), partially offset by growth in Europe and other regions (notably South Africa).
  • Gross profit increased by 13.2% to $7.7 million from $6.8 million, with gross margin improving to 19.5% from 16%, driven by a shift toward higher-margin products.
  • Operating expenses rose by 67% year-over-year to $12.9 million, due to increased marketing expenses, stock-based compensation, payroll costs, and higher bad debt provisions.
  • Net loss amounted to $5.6 million ($0.10 per share), compared to a net loss of $1.3 million ($0.02 per share) in the prior year's period.
  • As of Sept. 30, 2024, the company had $37.7 million in cash and a working capital of $16.6 million.
  • 營業收入總計3930萬美元,同比下降8.2%至4290萬美元,主要由於美國產品銷售減少(同比下降810萬美元),部分抵消了歐洲和其他地區(尤其是南非)增長。
  • 毛利潤增加了13.2%,從680萬美元增至770萬美元,毛利率從16%提高到19.5%,這是由於向利潤更高的產品轉變。
  • 由於增加營銷費用、股權報酬、薪資成本和較高的壞賬準備金,營業費用同比上升了67%,達到1290萬美元。
  • 淨損失爲560萬美元(每股0.10美元),與上一年同期的130萬美元淨損失(每股0.02美元)相比。
  • 截至2024年9月30日,該公司現金爲3770萬美元,營運資本爲1660萬美元。

Read Also: Cannabis Vape Tech Producer Ispire Enters South African Market Via Exclusive Deal With Dank Pack

閱讀更多:大麻蒸汽科技生產商艾思派爾通過與Dank Pack的獨家交易進入南非市場

Recent Strategic Developments

最近的戰略發展

  • Continued progress on point-of-use age-gating technology and initial commercialization globally.
  • The company recently launched the I-80 machine, designed to revolutionize the cannabis industry with cost-effective production.
  • Secured a 5-year distribution agreement with ANDS for the Middle East, North Africa, and Global Duty-Free markets, expanding the company's reach and portfolio.
  • 在點對點年齡限制技術和全球初步商業化方面取得持續進展。
  • 公司最近推出了I-80機器,旨在通過成本效益生產徹底改變大麻產業。
  • 與ANDS簽署了爲期5年的分銷協議,涵蓋中東、北非和全球免稅市場,擴大了公司的影響力和產品組合。

Earlier Wang said the previous fiscal 2024 was "a foundational year for Ispire." The company reported record revenue and substantial margin expansion in Sept. while "strategically positioning us for faster growth in our global nicotine business and intentionally focusing our cannabis vaping hardware on high-quality multi-state operator (MSO) customers."

早些時候,王先生表示上個2024財年是「艾斯派爾的奠基年」。公司在9月份報告了創紀錄的營業收入和可觀的毛利率增長,同時「戰略性地爲我們全球尼古丁業務的更快增長定位,有意集中我們的大麻霧化硬件在高質量的多州運營商(MSO)客戶身上。」

During an interview on Benzinga's Cannabis Insider podcast earlier this year Wang said that "vaping will become the number one way for using cannabis within the next 2 or 3 years."

在今年早些時候接受貝辛加大麻內幕播客採訪時,公司聯合首席執行官邁克爾·王表示,「吸蒸將在未來2到3年內成爲使用大麻的主要方式。」

  • EXCLUSIVE: What It Takes To Thrive In Cannabis Vape Space – Lessons Learned From Industry Trailblazers
  • 獨家:在大麻霧化空間蓬勃發展所需的要素-行業先驅的經驗教訓

ISPR Price Action

ISPR價格走勢

Ispire's shares traded 5.91% lower at $5.89 per share at Monday's closing.

Ispire的股票在週一收盤時以每股5.89美元的價格下跌了5.91%。

声明:本內容僅用作提供資訊及教育之目的,不構成對任何特定投資或投資策略的推薦或認可。 更多信息
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