Aspen Group Ltd. (TLV:ASGR)

Aspen Group Income Statement

Financials in millions ILS. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	214.95	213.71	214.67	190.92	179.1	182.32
Other Revenue	-	-	-	59	17.12	0.03
Total Revenue	214.95	213.71	214.67	249.92	196.21	182.35
Revenue Growth (YoY	2.60%	-0.45%	-14.10%	27.37%	7.60%	-14.41%
Property Expenses	58.37	54.64	53.93	93.78	52.94	38.5
Selling, General & Administrative	25	24.19	35.48	35.69	27.95	21.02
Other Operating Expenses	4.72	4.72	2.02	3.11	18.69	0.16
Total Operating Expenses	88.09	83.54	91.42	132.57	99.58	59.68
Operating Income	126.87	130.17	123.25	117.34	96.63	122.67
Interest Expense	-113.51	-96.99	-91.96	-102.98	-87.99	-65.11
Interest & Investment Income	10.13	4.61	3.78	0.5	0.27	2.23
Income (Loss) on Equity Investments	-9.69	-7.44	-0.21	-0.22	12.96	0.92
Currency Exchange Gain (Loss)	-1	-1	4.36	-1.95	3.24	-1
Other Non-Operating Income	-1.3	-1.3	-1.39	-1.63	-0.83	-0.62
EBT Excluding Unusual Items	11.51	28.06	37.83	11.06	24.28	59.08
Gain (Loss) on Sale of Investments	5.74	5.74	3.2	-18.62	7.57	3.53
Asset Writedown	-13.46	-103.69	-113	82.02	205.58	-45.75
Other Unusual Items	9.43	-	-	-	-20.73	-
Pretax Income	13.21	-69.89	-71.97	74.46	216.71	16.86
Income Tax Expense	20.17	-4.76	-2.59	34.12	42.22	-18.44
Earnings From Continuing Operations	-6.96	-65.13	-69.38	40.34	174.49	35.3
Earnings From Discontinued Operations	-56.52	-84.2	-61.42	89.47	-	16.74
Net Income to Company	-63.48	-149.32	-130.8	129.81	174.49	52.04
Minority Interest in Earnings	-4.2	45.99	58.01	-94.48	-82.53	-17.84
Net Income	-67.67	-103.34	-72.8	35.33	91.96	34.2
Net Income to Common	-67.67	-103.34	-72.8	35.33	91.96	34.2
Net Income Growth	-	-	-	-61.58%	168.85%	-75.48%
Basic Shares Outstanding	63	63	62	64	63	60
Diluted Shares Outstanding	63	63	62	64	64	60
Shares Change (YoY)	1.61%	1.55%	-3.55%	1.24%	5.93%	-1.74%
EPS (Basic)	-1.07	-1.64	-1.17	0.56	1.46	0.57
EPS (Diluted)	-1.07	-1.64	-1.17	0.56	1.45	0.57
EPS Growth	-	-	-	-61.64%	154.39%	-75.11%
Dividend Per Share	0.396	0.396	0.396	0.395	0.285	0.264
Dividend Growth	104.84%	-	0.22%	38.49%	8.23%	-1.18%
Operating Margin	59.02%	60.91%	57.41%	46.95%	49.25%	67.27%
Profit Margin	-31.48%	-48.35%	-33.91%	14.14%	46.87%	18.76%
EBITDA	128.57	134.43	128.81	123.01	101.28	135.65
EBITDA Margin	59.81%	62.90%	60.00%	49.22%	51.62%	74.39%
D&A For Ebitda	1.7	4.26	5.56	5.67	4.65	12.98
EBIT	126.87	130.17	123.25	117.34	96.63	122.67
EBIT Margin	59.02%	60.91%	57.41%	46.95%	49.25%	67.27%
Effective Tax Rate	152.69%	-	-	45.83%	19.48%	-
Revenue as Reported	213.71	213.71	214.67	249.92	196.21	182.35

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