Aspen Group, Inc.

Aspen Group, Inc.

ASPU
Aspen Group, Inc.US flagOther OTC
0.34
USD
-0.01
- -
10.70MMarket Cap
2011 Y
2012 Y
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
TTM
Revenue per Share
0.58
- -
0.91
- -
0.77
0.49
0.75
1.05
1.55
1.85
2.49
2.85
3.07
2.8
Basic EPS, GAAP
-0.54
-0.01
-2.06
- -
-1.04
-0.4
-0.2
-0.08
-0.5
-0.5
-0.29
-0.44
-0.38
-0.38
Free Cash Flow per Basic Share
-0.68
-0.01
-1.71
- -
-0.78
-0.31
-0.27
-0.17
-0.53
-0.7
-0.46
-0.34
-0.62
-0.41
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-1.3
- -
-3.83
- -
-3.49
-2.08
-2.19
-1.9
-2.3
-2.28
-2.42
-2.45
-2.71
-2.98
Tangible Book Value per Share
-0.59
-0.01
0.19
- -
-0.37
0.23
0.14
0.57
1.33
0.69
1.46
1.51
1.17
0.9
Basic Weighted Avg Shares
4
4
3
- -
5
11
11
14
14
18
20
24
25
25
Sales/Revenue/Turnover
2
- -
3
- -
4
5
8
14
22
34
49
68
77
71
Operating Margin (%)
-108.82
- -
-215.75
- -
-119.96
-65.13
-25.26
-5.49
-23.85
-24.26
-5.31
-8.81
-9.74
-7.77
Depreciation Expense
- -
- -
- -
- -
- -
1
1
1
1
2
2
2
3
4
Net Income, GAAP
-2
- -
-6
- -
-5
-4
-2
-1
-7
-9
-6
-10
-10
-10
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-91.02
- -
-223.87
- -
-134.37
-81.68
-26.58
-7.76
-32.06
-27.27
-11.53
-15.41
-12.5
-13.67
Working Capital
1
- -
- -
- -
-2
3
2
6
15
15
23
16
23
7
LT Debt
- -
- -
1
1
2
2
1
- -
1
10
14
16
32
28
Total Equity
1
- -
1
1
-2
3
2
8
34
26
42
49
43
36
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Jul'23
Oct'23
Jan'23
ST Debt
2
2
7
LT Borrowings
15
15
10
LT Finance Leases
16
18
18
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
25
25
25
Market Capitalization
27
10
7

Working Capital

FRC

in mil. unless spec.
Jul'23
Oct'23
Jan'23
Total Current Assets
36
33
31
Cash, Cash Equivalents & STI
2
2
2
Accounts Receivable, Net
25
22
23
Inventories
- -
- -
- -
Total Current Liabilities
18
21
24
Payables & Accruals
9
9
8
ST Debt
2
2
7
Deferred Revenue
6
9
8

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
0.12%
74.15%
-13.33%
Free Cash Flow
- -
70.21%
95.27%
Net Income, GAAP
- -
121.53%
-8.26%
Sales/Revenue/Turnover
- -
40.92%
13.1%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
No data availableFinancial data will appear here once available

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
No data availableFinancial data will appear here once available

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
No data availableFinancial data will appear here once available

Company Description

APIChat
CEO
Matthew LaVay
Full Time Employees
312
Sector
Consumer Defensive
Industry
Education & Training Services
Address
276 Fifth Avenue New York City NY United States of America 10001
IPO Date
Mar 29, 2012
Website
aspu.com
Business
Aspen Group, Inc. Aspen Group, Inc. (ASPU) is an education technology holding company that owns and operates online higher education institutions focused on delivering affordable degree programs to working adults and other non-traditional students in the United States. The company provides baccalaureate, master's, and doctoral degrees through its subsidiaries Aspen University and United States University in fields including nursing and health sciences such as pre- and post-licensure nursing programs, business and technology encompassing business administration and information technology, arts and sciences, and education; it emphasizes flexible online delivery, low-cost tuition models, and monthly payment plans to support accessibility. Aspen Group, Inc. was founded in 1987 and maintains its headquarters at 276 Fifth Avenue, New York, New York, with additional operational presence in Phoenix, Arizona. In a major strategic development announced in September 2025, Aspen Group, Inc. commenced the merger of Aspen University into United States University, with the latter as the surviving entity, aiming to consolidate resources, faculty, and programs to expand course offerings, research opportunities, and career pathways while awaiting regulatory approvals from accrediting bodies and the U.S. Department of Education; this move supports long-term sustainability amid ongoing operations. Recently, in January 2025, the company uplisted to the OTCQB Venture Market, enhancing its market visibility, and in October 2025, Aspen University secured reaccreditation from the Distance Education Accrediting Commission. Aspen Group, Inc. reported its second consecutive quarter of net income in the first quarter of fiscal 2026, reflecting improved financial performance with approximately 13,000 degree-seeking students enrolled as of recent periods.

Company News

APIChat
  • Aspen Aerogels Begins Staged Restart of East Providence Facility

  • Aspen Group, Inc. Amends and Extends Debt Agreement

  • Aspen Aerogels Q1 Earnings Call Highlights

  • Aspen Aerogels, Inc. Reports First Quarter 2026 Financial Results and Recent Business Highlights

  • Aspen Group to Present at 16th Annual LD Micro Invitational on May 19, 2026

  • Aspen Aerogels, Inc. Schedules First Quarter 2026 Earnings Release and Conference Call

  • Aspen Aerogels Provides East Providence Facility Update

  • Travelers Institute to Host Webinar on U.S. Demographic Trends With Aspen Institute's Dr. Luke Pardue

  • Aspen Aerogels Provides Update on Incident at East Providence Facility

  • Greystone Provides $32.5 Million in Freddie Mac Financing to Bayshore Properties for Acquisition Aspen Ridge Apartments in West Chicago, Illinois

  • UNITED STATES UNIVERSITY Announces Strategic Alliance with PLAY MUSIC-ENJOYLIFE! to Expand After-School Music & Wellness Programs

  • Aspen Aerogels, Inc. to Participate in the 38th Annual Roth Conference

  • Aspen Group Reports Fourth Consecutive Quarter of Net Income for Third Quarter Fiscal 2026

  • Aspen Group Announces Leadership Transition

  • Aspen Pharmacare aims for Canada entry with Ozempic generic by third quarter

  • AM Best Maintains the Under Review with Positive Implications Status for Credit Ratings of Aspen Insurance Holdings Limited and its Rated Subsidiaries

  • Aspen Aerogels, Inc. Shareholders Are Encouraged to Reach Out to Johnson Fistel for More Information About Potentially Recovering Their Losses

  • Aspen Aerogels, Inc. Reports Fourth Quarter and Full Year 2025 Financial Results and Recent Business Highlights

  • Aspen Aerogels, Inc. Schedules Fourth Quarter and Fiscal Year 2025 Earnings Release and Conference Call

  • Alpine Income Property Trust Acquires Property in Aspen, Colorado for $10.0 Million