Aspen Group, Inc. (ASPU)

Aspen Group Balance Sheet

Financials in millions USD. Fiscal year is May - April.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Oct 31, 2023	Apr 30, 2023	Apr 30, 2022	Apr 30, 2021	Apr 30, 2020	Apr 30, 2019
Cash & Equivalents	1.91	1.35	6.48	12.47	14.35	8.32
Cash & Short-Term Investments	1.91	1.35	6.48	12.47	14.35	8.32
Cash Growth	-17.35%	-79.12%	-48.02%	-13.09%	72.56%	-43.09%
Accounts Receivable	22.65	22.12	24.36	16.72	14.33	10.66
Other Receivables	-	-	-	-	0.02	0
Receivables	22.65	22.12	24.36	16.72	14.35	10.66
Prepaid Expenses	0.63	0.61	1.36	1.08	0.94	0.41
Restricted Cash	4.1	4.37	6.43	1.19	3.56	1.65
Other Current Assets	4.92	3.07	0.75	0.07	0.17	-
Total Current Assets	34.21	31.52	39.38	31.54	33.37	21.04
Property, Plant & Equipment	23.64	21.22	21.03	20.33	8.45	1.43
Goodwill	5.01	5.01	5.01	5.01	5.01	5.01
Other Intangible Assets	8.26	12.77	13.29	13.14	12.12	11.67
Long-Term Accounts Receivable	17.33	13	11.41	10.3	6.75	3.13
Long-Term Deferred Charges	-	0.07	0.37	0.02	0.18	0.3
Other Long-Term Assets	0.59	0.21	0.58	0.48	0.36	0.63
Total Assets	89.06	83.81	91.07	80.81	66.24	43.2
Accounts Payable	2.92	2.25	1.89	1.47	1.51	1.7
Accrued Expenses	2.92	2.36	2.82	2.04	0.9	0.65
Current Portion of Long-Term Debt	4.68	5	-	-	-	0.05
Current Portion of Leases	2.5	2.5	2.04	2.03	1.68	-
Current Unearned Revenue	4.76	2.89	5.89	6.83	3.71	2.46
Other Current Liabilities	5.6	5.71	4.19	3.06	2.55	1.49
Total Current Liabilities	23.38	20.71	16.84	15.42	10.36	6.35
Long-Term Debt	15.54	10	14.88	-	8.45	9.65
Long-Term Leases	16.31	17.55	16.81	16.3	5.69	-
Other Long-Term Liabilities	-	-	-	-	-	0.75
Total Liabilities	55.23	48.26	48.52	31.72	24.49	16.74
Common Stock	0.02	0.03	0.03	0.03	0.02	0.02
Additional Paid-In Capital	112.14	113.43	112.08	109.04	89.51	68.56
Retained Earnings	-78.34	-76.09	-67.74	-58.16	-47.71	-42.05
Treasury Stock	-	-1.82	-1.82	-1.82	-0.07	-0.07
Shareholders' Equity	33.83	35.55	42.55	49.09	41.75	26.46
Total Liabilities & Equity	89.06	83.81	91.07	80.81	66.24	43.2
Total Debt	39.03	35.05	33.72	18.33	15.82	9.7
Net Cash (Debt)	-37.12	-33.7	-27.24	-5.86	-1.47	-1.38
Net Cash Per Share	-1.46	-1.33	-1.09	-0.25	-0.07	-0.07
Filing Date Shares Outstanding	25.55	25.44	25.2	24.91	22.22	18.65
Total Common Shares Outstanding	25.55	25.44	25.2	24.91	21.75	18.65
Working Capital	10.83	10.81	22.55	16.12	23.01	14.69
Book Value Per Share	1.32	1.40	1.69	1.97	1.92	1.42
Tangible Book Value	20.55	17.77	24.25	30.94	24.61	9.78
Tangible Book Value Per Share	0.80	0.70	0.96	1.24	1.13	0.52
Machinery	4.59	4.58	4.43	3.08	1.96	1.7
Construction In Progress	-	-	0	0.25	-	-
Leasehold Improvements	8.05	8.06	7.18	5.73	0.87	0.2

Source: S&P Capital IQ. Standard template. Financial Sources.