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Aspen Group Limited Reports Mixed Annual Results

Aspen Group Limited Reports Mixed Annual Results

Aspen Group Limited (AU:APZ) has released an update.

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Aspen Group Limited reported a significant revenue increase of 39.0% to $91,124,000 for the fiscal year ending June 30, 2024, while net profit declined by 10.9% to $48,440,000. Despite the drop in net profit, the company’s underlying operating profit rose by 21.0% to $25,261,000. Shareholders saw interim and final distributions of 4.25 cents per security, and an increase in net tangible assets per ordinary security from $1.98 to $2.18.

For further insights into AU:APZ stock, check out TipRanks’ Stock Analysis page.

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