Aspen Group Balance Sheet

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

Millions AUD. Fiscal year is Jul - Jun.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021
Property, Plant & Equipment	676.99	556.39	484.76	413.2	228.25
Cash & Equivalents	9.99	4.52	8.92	10.73	8.28
Accounts Receivable	1.54	1.51	1.38	1.1	2.37
Other Receivables	0.34	0.9	0.72	0.24	0.23
Investment In Debt and Equity Securities	0.68	58.95	22.96	4.12	-
Other Intangible Assets	0.12	0.06	0.07	0.14	0.1
Other Current Assets	32.31	32.16	16.8	3.05	2.5
Trading Asset Securities	-	1.69	-	-	-
Deferred Long-Term Tax Assets	-	-	5.24	6.58	4
Other Long-Term Assets	11.48	12.78	12.37	13.3	0.77
Total Assets	733.46	668.95	553.23	452.46	246.5
Current Portion of Long-Term Debt	33.35	33.15	32.22	25.82	6.42
Current Portion of Leases	0.06	0.17	0.22	0.35	1.63
Long-Term Debt	96.92	166.02	138.51	127.67	74.46
Long-Term Leases	0.69	0.58	0.74	0.59	0.94
Accounts Payable	5.24	6.73	3.97	8.45	3.25
Accrued Expenses	-	-	1.76	1.51	1.46
Current Unearned Revenue	4.05	3.69	3.95	2.93	1.6
Other Current Liabilities	14.39	11.42	7.74	5.63	4.19
Long-Term Unearned Revenue	2.74	2.96	2.96	2.5	-
Long-Term Deferred Tax Liabilities	29.6	10.59	-	-	-
Other Long-Term Liabilities	0.78	-	-	-	-
Total Liabilities	187.81	235.3	192.06	175.44	93.95
Common Stock	706.96	632.62	599.1	562.6	509.75
Retained Earnings	-180.22	-215.91	-248.22	-288.71	-354.34
Comprehensive Income & Other	22.74	20.79	14.12	6.97	0.98
Total Common Equity	549.49	437.49	365	280.86	156.39
Minority Interest	-3.84	-3.84	-3.84	-3.84	-3.84
Shareholders' Equity	545.65	433.66	361.17	277.02	152.55
Total Liabilities & Equity	733.46	668.95	553.23	452.46	246.5
Total Debt	131.01	199.9	171.69	154.42	83.45
Net Cash (Debt)	-121.02	-193.69	-162.77	-143.69	-75.17
Net Cash Per Share	-0.59	-1.04	-0.92	-1.04	-0.64
Filing Date Shares Outstanding	226.39	199.23	179.42	155.04	116.37
Total Common Shares Outstanding	226.39	199.23	179.42	155.04	116.37
Book Value Per Share	2.43	2.20	2.03	1.81	1.34
Tangible Book Value	549.37	437.43	364.93	280.72	156.29
Tangible Book Value Per Share	2.43	2.20	2.03	1.81	1.34
Land	28.62	27.65	-	16.15	8.64
Buildings	6.17	6.17	-	5.99	5.83

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.