Aspen Group, Inc. (ASPU)

Aspen Group Balance Sheet

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

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

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