Aspen Group Balance Sheet

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

Millions AUD. Fiscal year is Jul - Jun.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	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	803.14	676.99	556.39	484.76	413.2	228.25
Cash & Equivalents	8.08	9.99	4.52	8.92	10.73	8.28
Accounts Receivable	2.38	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	0.7	0.68	58.95	22.96	4.12	-
Other Intangible Assets	0.13	0.12	0.06	0.07	0.14	0.1
Other Current Assets	31.17	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	13.47	11.48	12.78	12.37	13.3	0.77
Total Assets	859.07	733.46	668.95	553.23	452.46	246.5
Current Portion of Long-Term Debt	63.5	33.35	33.15	32.22	25.82	6.42
Current Portion of Leases	0.06	0.06	0.17	0.22	0.35	1.63
Long-Term Debt	146.16	96.92	166.02	138.51	127.67	74.46
Long-Term Leases	0.57	0.69	0.58	0.74	0.59	0.94
Accounts Payable	8.91	5.24	6.73	3.97	8.45	3.25
Accrued Expenses	-	-	-	1.76	1.51	1.46
Current Unearned Revenue	1.79	4.05	3.69	3.95	2.93	1.6
Other Current Liabilities	15.62	14.39	11.42	7.74	5.63	4.19
Long-Term Unearned Revenue	7.57	2.74	2.96	2.96	2.5	-
Long-Term Deferred Tax Liabilities	43.4	29.6	10.59	-	-	-
Other Long-Term Liabilities	-	0.78	-	-	-	-
Total Liabilities	287.58	187.81	235.3	192.06	175.44	93.95
Common Stock	708.66	706.96	632.62	599.1	562.6	509.75
Retained Earnings	-156.8	-180.22	-215.91	-248.22	-288.71	-354.34
Comprehensive Income & Other	23.46	22.74	20.79	14.12	6.97	0.98
Total Common Equity	575.33	549.49	437.49	365	280.86	156.39
Minority Interest	-3.84	-3.84	-3.84	-3.84	-3.84	-3.84
Shareholders' Equity	571.49	545.65	433.66	361.17	277.02	152.55
Total Liabilities & Equity	859.07	733.46	668.95	553.23	452.46	246.5
Total Debt	210.28	131.01	199.9	171.69	154.42	83.45
Net Cash (Debt)	-202.21	-121.02	-193.69	-162.77	-143.69	-75.17
Net Cash Per Share	-0.92	-0.59	-1.04	-0.92	-1.04	-0.64
Filing Date Shares Outstanding	227.67	226.39	199.23	179.42	155.04	116.37
Total Common Shares Outstanding	227.67	226.39	199.23	179.42	155.04	116.37
Book Value Per Share	2.53	2.43	2.20	2.03	1.81	1.34
Tangible Book Value	575.2	549.37	437.43	364.93	280.72	156.29
Tangible Book Value Per Share	2.53	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 Dec 31, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.