Aspen Group, Inc. (ASPU)

Aspen Group Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jan 31, 2025	Apr 30, 2023	Apr 30, 2022	Apr 30, 2021	Apr 30, 2020	Apr 30, 2019
Revenue	-	66.32	76.69	67.81	49.06	34.03
Revenue Growth (YoY)	-	-13.52%	13.10%	38.22%	44.19%	54.51%
Cost of Revenue	-	21.32	19.46	15.28	9.64	6.88
Gross Profit	-	45	57.23	52.54	39.42	27.14
Selling, General & Admin	-	45.17	61.32	53.33	38.61	32.73
Operating Expenses	-	50.57	66.19	58.03	42.24	35.76
Operating Income	-	-5.57	-8.96	-5.49	-2.82	-8.61
Interest Expense	-	-2.65	-0.72	-2.05	-1.82	-0.44
Other Non Operating Income (Expenses)	-	0.01	0.53	-0.12	0.2	0.28
EBT Excluding Unusual Items	-	-8.21	-9.14	-7.66	-4.44	-8.78
Asset Writedown	-	-	-	-1.2	-	-
Other Unusual Items	-	-	-0.01	-1.55	-1.17	-0.5
Pretax Income	-	-8.21	-9.16	-10.42	-5.61	-9.28
Income Tax Expense	-	0.14	0.43	0.03	0.05	-
Earnings From Continuing Operations	-	-8.35	-9.59	-10.45	-5.66	-9.28
Net Income	-	-8.35	-9.59	-10.45	-5.66	-9.28
Net Income to Common	-	-8.35	-9.59	-10.45	-5.66	-9.28
Shares Outstanding (Basic)	28	25	25	24	20	18
Shares Outstanding (Diluted)	28	25	25	24	20	18
Shares Change (YoY)	9.15%	1.23%	5.30%	20.54%	7.06%	29.50%
EPS (Basic)	-	-0.33	-0.38	-0.44	-0.29	-0.50
EPS (Diluted)	-	-0.33	-0.38	-0.44	-0.29	-0.50
Free Cash Flow	-	-6.83	-15.44	-7.86	-9.03	-12.75
Free Cash Flow Per Share	-	-0.27	-0.62	-0.33	-0.46	-0.69
Gross Margin	-	67.85%	74.62%	77.47%	80.35%	79.78%
Operating Margin	-	-8.40%	-11.68%	-8.10%	-5.75%	-25.31%
Profit Margin	-	-12.59%	-12.50%	-15.41%	-11.54%	-27.27%
Free Cash Flow Margin	-	-10.30%	-20.13%	-11.59%	-18.40%	-37.46%
EBITDA	-	-1.86	-7.31	-4.47	-1.63	-7.13
EBITDA Margin	-	-2.81%	-9.54%	-6.59%	-3.32%	-20.95%
D&A For EBITDA	-	3.71	1.64	1.02	1.19	1.49
EBIT	-	-5.57	-8.96	-5.49	-2.82	-8.61
EBIT Margin	-	-8.40%	-11.68%	-8.10%	-5.74%	-25.31%

Updated Mar 13, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.