Ispire Technology Inc.

Ispire Technology Inc. (ISPR) files with the SEC as a consumer staples company. Its most recent balance sheet puts total assets at $76M, against $92M of liabilities and -$16M of equity, as at 2026-03-31. That balance sheet shrank 10.1% against 2025-12-31, when total assets were $84M. Liabilities account for 121.3% of the balance sheet and equity -21.3%. The largest single line on the asset side is Receivables at $29M, 37.7% of total assets, followed by Cash at $18M. Its largest single liability is Accounts payable at $5M, 6.6% of the balance sheet. By total assets it is the 112th largest of the 163 consumer staples companies covered here. Equity is negative, so the claims against this company exceed what it owns on the filed figures. That is a real shape, not an error, and it is drawn below the baseline rather than hidden. The figures come from a filing filed on 2026-05-07. Some line items this filer reports are not broken out separately here; the totals are complete and the difference is shown as a remainder rather than distributed across the lines that are named. Assets equal liabilities plus equity on the filed figures, so this balance sheet reconciles directly. Every figure above is as filed. Nothing is estimated, smoothed or restated, and where the filing and the identity disagree the disagreement is shown rather than closed.