Aspen Group (ASX:APZ)

Aspen Group Income Statement

Financials in millions AUD. Fiscal year is July - June.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Rental Revenue	65.29	61.62	56.62	46.33	32.33	26.71
Other Revenue	61.91	46.51	35.09	19.53	14.35	8.81
Total Revenue	127.2	108.13	91.7	65.86	46.68	35.52
Revenue Growth (YoY	26.59%	17.91%	39.24%	41.10%	31.40%	15.44%
Property Expenses	59.57	48.5	41.43	27.39	21.17	15.21
Selling, General & Administrative	5.09	4.98	4.08	3.7	3.21	2.41
Depreciation & Amortization	1.63	1.55	1.49	1.2	0.99	0.73
Other Operating Expenses	19.36	16.62	17.18	13.61	11.68	10.85
Total Operating Expenses	85.66	71.65	64.19	45.9	37.06	29.19
Operating Income	41.54	36.48	27.52	19.96	9.62	6.33
Interest Expense	-6.21	-10.21	-8.86	-4.26	1.76	-1.32
Interest & Investment Income	0.36	0.38	0.3	0.46	0.11	0.16
EBT Excluding Unusual Items	35.69	26.66	18.96	16.16	11.49	5.17
Gain (Loss) on Sale of Investments	-6.36	1.91	6.38	3.08	-0.08	0.19
Gain (Loss) on Sale of Assets	-0.05	1.15	0.66	0.34	0.26	0.19
Total Insurance Settlements	-	-	-	-	-	0.58
Asset Writedown	56.23	46.82	39.62	38.97	61.8	17.79
Other Unusual Items	-2.04	-0.48	-1.35	-2.82	-0.67	0.6
Pretax Income	83.48	76.06	64.27	55.73	72.81	24.52
Income Tax Expense	21.66	19.01	15.83	1.34	-2.58	-0.88
Earnings From Continuing Operations	61.82	57.05	48.44	54.4	75.38	25.39
Earnings From Discontinued Operations	-	-	-	-	-	-0
Net Income to Company	61.82	57.05	48.44	54.4	75.38	25.39
Net Income	61.82	57.05	48.44	54.4	75.38	25.39
Net Income to Common	61.82	57.05	48.44	54.4	75.38	25.39
Net Income Growth	7.83%	17.77%	-10.95%	-27.84%	196.88%	113.89%
Basic Shares Outstanding	216	203	183	174	137	116
Diluted Shares Outstanding	220	206	185	176	138	117
Shares Change (YoY)	12.32%	11.12%	5.31%	27.43%	18.03%	20.05%
EPS (Basic)	0.29	0.28	0.26	0.31	0.55	0.22
EPS (Diluted)	0.28	0.28	0.26	0.31	0.55	0.22
EPS Growth	-4.03%	5.97%	-15.42%	-43.48%	152.04%	78.15%
Dividend Per Share	0.105	0.100	0.083	0.077	0.066	0.066
Dividend Growth	16.67%	21.21%	6.45%	17.42%	-	10.00%
Operating Margin	32.66%	33.74%	30.01%	30.31%	20.61%	17.82%
Profit Margin	48.60%	52.76%	52.82%	82.59%	161.50%	71.48%
EBITDA	43.17	38.03	29.01	21.16	10.61	7.06
EBITDA Margin	33.94%	35.17%	31.64%	32.13%	22.73%	19.87%
D&A For Ebitda	1.63	1.55	1.49	1.2	0.99	0.73
EBIT	41.54	36.48	27.52	19.96	9.62	6.33
EBIT Margin	32.66%	33.74%	30.01%	30.31%	20.61%	17.82%
Effective Tax Rate	25.95%	24.99%	24.63%	2.40%	-	-
Revenue as Reported	127.2	108.13	91.7	66.14	-	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.