Overview
$76.7M Revenue, fiscal 20222 -$9.6M Net income, fiscal 20222 Industry Services-Educational Services Headquarters DE Incorporated in DE3 Business address 276 Fifth Avenue, Suite 505, New York, Ny 100013 Filer category Non-accelerated filer, Smaller reporting company3 See how the biggest companies compare on our leaderboards
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2022 13.1% Revenue growth, 20222 Where the money goes Where each dollar of revenue went, fiscal 2022 Cost of revenue Other costs
Cost of revenue 46¢ $35.3M Other costs 53¢ $40.3M Interest 1¢ $718.8K Income tax 1¢ $427.4K Out of $76.7M in revenue.2
Financial statements
Income statement Balance sheet Cash flow
Annual Quarterly
Revenue4 5 6 7 8 9 2 $76.7M in 2022+1368% since 2015 0 $20.0M $40.0M $60.0M $80.0M 2015: $5.2M $5.2M 2015 2016: $8.5M $8.5M 2016 +62% 2017: $14.2M $14.2M 2017 +69% 2018: $22.0M $22.0M 2018 +55% 2019: $34.0M $34.0M 2019 +55% 2020: $49.1M $49.1M 2020 +44% 2021: $67.8M $67.8M 2021 +38% 2022: $76.7M $76.7M 2022 +13% Operating income4 5 6 7 8 9 2 -$9.0M in 2022+164% since 2015 -$10.0M -$7.5M -$5.0M -$2.5M 0 2015: -$3.4M -$3.4M 2015 2016: -$2.1M -$2.1M 2016 −37% 2017: -$782.1K -$782.1K 2017 −63% 2018: -$5.3M -$5.3M 2018 +572% 2019: -$9.1M -$9.1M 2019 +73% 2020: -$4.0M -$4.0M 2020 −56% 2021: -$8.2M -$8.2M 2021 +104% 2022: -$9.0M -$9.0M 2022 +9% Net income4 5 6 7 8 9 2 -$9.6M in 2022+125% since 2015 -$15.0M -$10.0M -$5.0M 0 2015: -$4.3M -$4.3M 2015 2016: -$2.2M -$2.2M 2016 −47% 2017: -$1.1M -$1.1M 2017 −51% 2018: -$7.1M -$7.1M 2018 +539% 2019: -$9.3M -$9.3M 2019 +31% 2020: -$5.7M -$5.7M 2020 −39% 2021: -$10.4M -$10.4M 2021 +85% 2022: -$9.6M -$9.6M 2022 −8% Revenue10 11 $15.6M in Q3 FY2023−9% since Q2 FY2022 0 $5.0M $10.0M $15.0M $20.0M Q2 FY2022: $17.1M $17.1M Q2 FY2022 Q3 FY2023: $15.6M $15.6M Q3 FY2023 −9% Operating income10 11 -$813.8K in Q3 FY2023−47% since Q2 FY2022 -$2.0M -$1.5M -$1.0M -$500.0K 0 Q2 FY2022: -$1.5M -$1.5M Q2 FY2022 Q3 FY2023: -$813.8K -$813.8K Q3 FY2023 −47% Net income10 11 -$1.6M in Q3 FY2023−32% since Q2 FY2022 -$3.0M -$2.0M -$1.0M 0 Q2 FY2022: -$2.3M -$2.3M Q2 FY2022 Q3 FY2023: -$1.6M -$1.6M Q3 FY2023 −32% Fiscal year 2015 2016 2017 2018 2019 2020 2021 2022 Revenue $5.2M4 $8.5M5 $14.2M6 $22.0M7 $34.0M8 $49.1M9 $67.8M2 $76.7M2 Cost of revenue $2.2M4 $3.6M5 $5.1M6 $9.9M7 $16.0M8 $19.1M9 $29.5M2 $35.3M2 Operating income -$3.4M4 -$2.1M5 -$782.1K6 -$5.3M7 -$9.1M8 -$4.0M9 -$8.2M2 -$9.0M2 Interest $421.7K4 $121.3K5 $337.5K6 $2.0M7 $444.7K8 $1.8M9 $2.1M2 $718.8K2 Income tax $08 $51.8K9 $32.6K2 $427.4K2 Net income -$4.3M4 -$2.2M5 -$1.1M6 -$7.1M7 -$9.3M8 -$5.7M9 -$10.4M2 -$9.6M2 Earnings per share -$0.299 -$0.442 -$0.382 Earnings per share (diluted) -$0.299 -$0.442 -$0.382
Total assets4 5 6 7 8 9 2 $91.1M in 2022+1439% since 2015 0 $25.0M $50.0M $75.0M $100.0M 2015: $5.9M $5.9M 2015 2016: $4.5M $4.5M 2016 −24% 2017: $10.7M $10.7M 2017 +137% 2018: $41.6M $41.6M 2018 +290% 2019: $43.2M $43.2M 2019 +4% 2020: $66.2M $66.2M 2020 +53% 2021: $80.8M $80.8M 2021 +22% 2022: $91.1M $91.1M 2022 +13% Total liabilities4 5 6 7 8 9 2 $48.5M in 2022+1361% since 2015 0 $20.0M $40.0M $60.0M 2015: $3.3M $3.3M 2015 2016: $2.7M $2.7M 2016 −19% 2017: $2.8M $2.8M 2017 +5% 2018: $7.9M $7.9M 2018 +177% 2019: $16.7M $16.7M 2019 +113% 2020: $24.5M $24.5M 2020 +46% 2021: $31.7M $31.7M 2021 +29% 2022: $48.5M $48.5M 2022 +53% Shareholders’ equity5 6 7 8 9 2 $42.5M in 2022+1538% since 2015 0 $20.0M $40.0M $60.0M 2015: $2.6M $2.6M 2015 2016: $1.8M $1.8M 2016 −30% 2017: $7.8M $7.8M 2017 +332% 2018: $33.7M $33.7M 2018 +330% 2019: $26.5M $26.5M 2019 −22% 2020: $41.7M $41.7M 2020 +58% 2021: $49.1M $49.1M 2021 +18% 2022: $42.5M $42.5M 2022 −13% Cash5 6 7 8 9 2 $6.5M in 2022+200% since 2015 0 $5.0M $10.0M $15.0M 2015: $2.2M $2.2M 2015 2016: $783.8K $783.8K 2016 −64% 2017: $2.8M $2.8M 2017 +252% 2018: $14.8M $14.8M 2018 +437% 2019: $8.3M $8.3M 2019 −44% 2020: $14.4M $14.4M 2020 +73% 2021: $12.5M $12.5M 2021 −13% 2022: $6.5M $6.5M 2022 −48% Long-term debt4 5 6 2 $14.9M in 2022+830% since 2015 0 $5.0M $10.0M $15.0M 2015: $1.6M $1.6M 2015 2016: $1.3M $1.3M 2016 −19% 2017: $50.0K $50.0K 2017 −96% 2018: $2.0M $2.0M 2018 +4000% 2021: $0 $0 2021 2022: $14.9M $14.9M 2022 Total assets10 11 $87.8M in Q3 FY2023−4% since Q2 FY2022 0 $25.0M $50.0M $75.0M $100.0M Q2 FY2022: $91.1M $91.1M Q2 FY2022 Q3 FY2023: $87.8M $87.8M Q3 FY2023 −4% Total liabilities10 11 $51.9M in Q3 FY2023−4% since Q2 FY2022 0 $20.0M $40.0M $60.0M Q2 FY2022: $54.0M $54.0M Q2 FY2022 Q3 FY2023: $51.9M $51.9M Q3 FY2023 −4% Shareholders’ equity10 11 $35.9M in Q3 FY2023−3% since Q2 FY2022 0 $10.0M $20.0M $30.0M $40.0M Q2 FY2022: $37.1M $37.1M Q2 FY2022 Q3 FY2022: $37.1M $37.1M Q3 FY2022 +0% Q3 FY2023: $35.9M $35.9M Q3 FY2023 −3% Cash10 11 $1.6M in Q3 FY2023−30% since Q2 FY2022 0 $1.0M $2.0M $3.0M Q2 FY2022: $2.3M $2.3M Q2 FY2022 Q3 FY2023: $1.6M $1.6M Q3 FY2023 −30% Long-term debt10 11 $10.0M in Q3 FY2023−33% since Q2 FY2022 0 $5.0M $10.0M $15.0M Q2 FY2022: $14.9M $14.9M Q2 FY2022 Q3 FY2023: $10.0M $10.0M Q3 FY2023 −33% Fiscal year 2015 2016 2017 2018 2019 2020 2021 2022 Cash $2.2M5 $783.8K6 $2.8M7 $14.8M7 $8.3M8 $14.4M9 $12.5M2 $6.5M2 Current assets $4.5M4 $3.0M5 $8.3M6 $22.0M7 $21.0M8 $33.4M9 $31.5M2 $39.4M2 Total assets $5.9M4 $4.5M5 $10.7M6 $41.6M7 $43.2M8 $66.2M9 $80.8M2 $91.1M2 Current liabilities $1.5M4 $1.4M5 $2.7M6 $6.8M7 $6.4M8 $10.4M9 $15.4M2 $16.8M2 Long-term debt $1.6M4 $1.3M4 $50.0K5 $2.0M6 $02 $14.9M2 Total liabilities $3.3M4 $2.7M5 $2.8M6 $7.9M7 $16.7M8 $24.5M9 $31.7M2 $48.5M2 Shareholders’ equity $2.6M5 $1.8M6 $7.8M7 $33.7M8 $26.5M9 $41.7M2 $49.1M2 $42.5M2 Shares outstanding 128.3M shares12 138.0M shares4 13.6M shares5 18.3M shares6 18.6M shares7 22.2M shares13 25.1M shares14 25.2M shares15
Cash from operations6 7 8 9 2 -$11.3M in 2022+658% since 2017 -$15.0M -$10.0M -$5.0M 0 $5.0M 2017: -$1.5M -$1.5M 2017 2018: -$5.6M -$5.6M 2018 +277% 2019: -$10.2M -$10.2M 2019 +82% 2020: -$5.7M -$5.7M 2020 −44% 2021: $985.6K $985.6K 2021 2022: -$11.3M -$11.3M 2022 Capital spending4 5 6 7 8 9 2 $4.2M in 2022+996% since 2015 0 $2.5M $5.0M $7.5M $10.0M 2015: $379.5K $379.5K 2015 2016: $466.9K $466.9K 2016 +23% 2017: $804.6K $804.6K 2017 +72% 2018: $1.8M $1.8M 2018 +128% 2019: $2.5M $2.5M 2019 +38% 2020: $3.3M $3.3M 2020 +29% 2021: $8.8M $8.8M 2021 +170% 2022: $4.2M $4.2M 2022 −53% Free cash flow6 7 8 9 2 -$15.4M in 2022+573% since 2017 -$20.0M -$15.0M -$10.0M -$5.0M 0 2017: -$2.3M -$2.3M 2017 2018: -$7.4M -$7.4M 2018 +225% 2019: -$12.7M -$12.7M 2019 +71% 2020: -$9.0M -$9.0M 2020 −29% 2021: -$7.9M -$7.9M 2021 −13% 2022: -$15.4M -$15.4M 2022 +96% Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Fiscal year 2015 2016 2017 2018 2019 2020 2021 2022 Cash from operations -$1.5M6 -$5.6M7 -$10.2M8 -$5.7M9 $985.6K2 -$11.3M2 Capital spending $379.5K4 $466.9K5 $804.6K6 $1.8M7 $2.5M8 $3.3M9 $8.8M2 $4.2M2 Free cash flow -$2.3M -$7.4M -$12.7M -$9.0M -$7.9M -$15.4M Share buybacks $5.8K5
Compare ASPEN GROUP, INC. with another company
Former names
Elite Nutritional Brands, Inc. Oct 11, 2011 to Mar 5, 20123 Hidden Ladder, Inc. Mar 25, 2010 to Sep 30, 20113
Recent filings
Oct 4, 2023 4 Oct 2, 2023 4 Sep 29, 2023 4 Sep 28, 2023 4 Sep 27, 2023 4 Sep 21, 2023 4 Sep 20, 2023 4 Aug 30, 2023 4 Jul 11, 2023 4 Jul 11, 2023 4 May 22, 2023 8-K May 16, 2023 8-K May 16, 2023 10-Q May 8, 2023 8-K Mar 27, 2023 8-K CURRENT REPORTEvery filing from the last three years, summarized . The full record is on SEC EDGAR.1
