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Aspen Group Limited
(Sydney:APZ)
Aspen Group Limited (APZ) vs. iShares MSCI Australia ETF (EWA)
Aspen Group Limited Business Overview & Revenue Model
Aspen Group Limited Financial Statement Overview
| Breakdown | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 91.12M | 66.14M | 46.02M | 35.07M | 30.37M |
| Gross Profit | 56.29M | 37.20M | 28.63M | 23.55M | 22.54M |
| EBITDA | 73.02M | 22.20M | 12.44M | 26.56M | 11.14M |
| Net Income | 48.44M | 54.40M | 75.38M | 25.39M | 11.87M |
Balance Sheet | |||||
| Total Assets | 668.95M | 575.84M | 468.49M | 249.93M | 191.18M |
| Cash, Cash Equivalents and Short-Term Investments | 4.52M | 8.92M | 10.89M | 9.53M | 9.27M |
| Total Debt | 199.90M | 171.69M | 154.42M | 76.76M | 45.76M |
| Total Liabilities | 235.29M | 214.67M | 191.47M | 97.38M | 57.15M |
| Stockholders Equity | 437.49M | 365.00M | 280.86M | 156.39M | 137.87M |
Cash Flow | |||||
| Free Cash Flow | 29.12M | 11.79M | 12.50M | 10.20M | 5.76M |
| Operating Cash Flow | 30.95M | 14.06M | 14.12M | 11.27M | 9.89M |
| Investing Cash Flow | -38.43M | -50.40M | -85.40M | -35.69M | -40.15M |
| Financing Cash Flow | 3.08M | 34.53M | 73.73M | 24.54M | 31.96M |
Aspen Group Limited Technical Analysis
Aspen Group Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | €1.07B | 16.71 | 11.76% | 2.13% | 17.91% | 6.19% | |
73 Outperform | AU$420.16M | 10.67 | 7.85% | 6.80% | -3.97% | 1057.09% | |
63 Neutral | AU$1.35B | 8.92 | 8.88% | 3.66% | 206.14% | 101.96% | |
57 Neutral | AU$1.10B | 41.03 | 1.72% | 6.88% | 4.69% | ― | |
56 Neutral | AU$1.23B | -20.98 | -1.55% | 6.38% | -5.64% | 89.16% | |
49 Neutral | AU$725.76M | -36.71 | -1.99% | 8.28% | -4.50% | 88.28% | |
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% |
Aspen Group Limited Corporate Events
Aspen Group Limited has announced the acquisition of a portfolio of small retirement villages from ACH Group, consisting of 19 properties with 129 villas in Adelaide. The acquisition, valued at $19 million, aims to convert retirement village licenses into standard residential leases, enhancing the residential component of the portfolio and aligning with Aspen’s rental targets. This strategic move is expected to yield an initial return of around 6% and is set to be finalized in August 2025, funded through debt.
The most recent analyst rating on (AU:APZ) stock is a Buy with a A$2.53 price target. To see the full list of analyst forecasts on Aspen Group Limited stock, see the AU:APZ Stock Forecast page.
Aspen Group Limited has announced a change in the substantial holding of its shares by Cooper Investors Pty Limited. The voting power of Cooper Investors has decreased from 16.0024% to 14.1760% due to a series of share purchases. This change in shareholding could impact the company’s decision-making process and influence its strategic direction.
The most recent analyst rating on (AU:APZ) stock is a Buy with a A$2.53 price target. To see the full list of analyst forecasts on Aspen Group Limited stock, see the AU:APZ Stock Forecast page.
Aspen Group Limited has announced a final distribution of 5.00 cents per security for the fiscal year 2025, resulting in a total distribution of 10.00 cents per security, marking an 18% increase from the previous year. The distribution plan remains suspended, and the full-year results are expected to be released on 21 August 2025, which may impact stakeholders’ expectations and the company’s market positioning.
The most recent analyst rating on (AU:APZ) stock is a Buy with a A$2.48 price target. To see the full list of analyst forecasts on Aspen Group Limited stock, see the AU:APZ Stock Forecast page.
Aspen Group Limited has announced a new dividend distribution for its fully paid ordinary units stapled securities, with a distribution amount of AUD 0.05 per unit. The ex-date is set for June 27, 2025, with a record date of June 30, 2025, and payment scheduled for August 29, 2025. This announcement reflects the company’s ongoing commitment to providing returns to its investors and may enhance its attractiveness to stakeholders looking for consistent income from their investments.
The most recent analyst rating on (AU:APZ) stock is a Buy with a A$2.48 price target. To see the full list of analyst forecasts on Aspen Group Limited stock, see the AU:APZ Stock Forecast page.
Aspen Group Limited has announced the release of 73,324 fully paid ordinary stapled securities from voluntary escrow on June 30, 2025. This release, in accordance with ASX Listing Rule 3.10A, could impact the company’s market liquidity and provide investors with increased flexibility in trading these securities.
The most recent analyst rating on (AU:APZ) stock is a Buy with a A$2.48 price target. To see the full list of analyst forecasts on Aspen Group Limited stock, see the AU:APZ Stock Forecast page.
Aspen Group Limited has announced a change in the director’s interest notice, specifically involving John Freedman, a director of the company. On June 17, 2025, Freedman acquired 2,800 stapled securities at a price of $2.90 each, increasing his total holdings to 43,183 stapled securities. This acquisition was made through a Securities Purchase Plan announced on May 15, 2025. The transaction did not occur during a closed period, indicating compliance with trading regulations.
The most recent analyst rating on (AU:APZ) stock is a Buy with a A$2.48 price target. To see the full list of analyst forecasts on Aspen Group Limited stock, see the AU:APZ Stock Forecast page.
Aspen Group Limited has announced a change in the director’s interest, specifically regarding Edwina Gilbert. The change involves the acquisition of 10,344 stapled securities at a value of $2.90 per security, increasing the total holdings to 197,344 stapled securities. This acquisition was made through a Securities Purchase Plan announced on ASX, reflecting the company’s ongoing strategic financial maneuvers.
The most recent analyst rating on (AU:APZ) stock is a Buy with a A$2.48 price target. To see the full list of analyst forecasts on Aspen Group Limited stock, see the AU:APZ Stock Forecast page.
Aspen Group Limited announced a change in the director’s interest, specifically for John Carter, who acquired additional stapled securities through a Securities Purchase Plan. This acquisition reflects a strategic move to increase holdings and potentially strengthen the director’s influence within the company, indicating a positive outlook on the company’s future performance.
The most recent analyst rating on (AU:APZ) stock is a Buy with a A$2.48 price target. To see the full list of analyst forecasts on Aspen Group Limited stock, see the AU:APZ Stock Forecast page.
Aspen Group Limited has announced a change in the director’s interest in securities, specifically involving Guy Farrands. On June 17, 2025, Farrands, through Kanook Pty Ltd atf Kanook Super Fund, acquired 10,344 Stapled Securities at $2.90 each, increasing his total holdings to 221,390 Stapled Securities. This acquisition was part of a Securities Purchase Plan announced on May 15, 2025, and it reflects the company’s ongoing efforts to engage its directors in equity participation, potentially aligning their interests with those of shareholders.
The most recent analyst rating on (AU:APZ) stock is a Buy with a A$2.48 price target. To see the full list of analyst forecasts on Aspen Group Limited stock, see the AU:APZ Stock Forecast page.
Aspen Group Limited has announced the quotation of 1,379,310 fully paid ordinary units stapled securities on the Australian Securities Exchange (ASX) under the code APZ, effective June 17, 2025. This move is part of a previously announced transaction and is expected to enhance the company’s market presence and provide additional capital for its operations, potentially benefiting stakeholders by improving liquidity and investment opportunities.
The most recent analyst rating on (AU:APZ) stock is a Buy with a A$2.48 price target. To see the full list of analyst forecasts on Aspen Group Limited stock, see the AU:APZ Stock Forecast page.
Aspen Group Limited successfully completed its Security Purchase Plan (SPP), raising the maximum amount of $4 million with the issuance of approximately 1.38 million new securities. The plan received strong demand, leading to a scale-back in allocations to ensure equitable distribution among security holders. The new securities will be issued on June 17, 2025, and will commence trading the following day, ranking equally with existing securities and eligible for the upcoming distribution.
The most recent analyst rating on (AU:APZ) stock is a Buy with a A$2.48 price target. To see the full list of analyst forecasts on Aspen Group Limited stock, see the AU:APZ Stock Forecast page.
Perpetual Limited and its related bodies corporate have increased their voting power in Aspen Group Limited from 9.213% to 11.198%, as reported in a recent notice of change of interests of a substantial holder. This increase in voting power signifies a strengthened influence of Perpetual Limited in Aspen Group Limited, potentially impacting the company’s strategic decisions and market positioning.
The most recent analyst rating on (AU:APZ) stock is a Buy with a A$2.48 price target. To see the full list of analyst forecasts on Aspen Group Limited stock, see the AU:APZ Stock Forecast page.
Aspen Group Limited has announced its strategic approach to maximizing sustainable returns for its security holders by owning 100% of its properties and projects. The company emphasizes intensive management and offers a variety of lease terms and services, aiming to optimize profitability and reduce risk through disciplined acquisitions and capital recycling.
The most recent analyst rating on (AU:APZ) stock is a Buy with a A$2.48 price target. To see the full list of analyst forecasts on Aspen Group Limited stock, see the AU:APZ Stock Forecast page.
Aspen Group Limited has announced the opening of a Security Purchase Plan (SPP) allowing eligible securityholders in Australia and New Zealand to acquire up to $30,000 worth of new stapled securities at $2.90 each, matching the price of a recent institutional placement. The SPP aims to raise up to $4 million, with applications subject to scaling back if oversubscribed, and the new securities will be entitled to distributions for the half year ending June 30, 2025.
The most recent analyst rating on (AU:APZ) stock is a Buy with a A$2.48 price target. To see the full list of analyst forecasts on Aspen Group Limited stock, see the AU:APZ Stock Forecast page.
Aspen Group Limited has issued 24.2 million fully paid ordinary stapled securities at A$2.90 each to institutional and professional investors as part of an institutional placement. This move, conducted alongside a non-underwritten securities purchase plan, aims to strengthen the company’s capital base without the need for a prospectus, reflecting its compliance with relevant disclosure obligations.
The most recent analyst rating on (AU:APZ) stock is a Buy with a A$2.48 price target. To see the full list of analyst forecasts on Aspen Group Limited stock, see the AU:APZ Stock Forecast page.
Aspen Group Limited has announced the quotation of 24,200,000 fully paid ordinary units stapled securities on the Australian Securities Exchange (ASX), set to be issued on May 26, 2025. This move is part of a previously announced transaction, potentially enhancing the company’s market liquidity and providing additional capital for its operations, which could strengthen its position in the real estate sector.
The most recent analyst rating on (AU:APZ) stock is a Buy with a A$2.48 price target. To see the full list of analyst forecasts on Aspen Group Limited stock, see the AU:APZ Stock Forecast page.
Aspen Group Limited has announced that it has ceased to be a substantial holder in Eureka Group Holdings Limited as of May 20, 2025. The company sold 55,120,160 ordinary shares in Eureka, representing 13% of the voting securities, for a total consideration of $27,560,080. This divestment marks a significant change in Aspen’s investment strategy and could impact its financial positioning and stakeholder interests.
The most recent analyst rating on (AU:APZ) stock is a Buy with a A$2.48 price target. To see the full list of analyst forecasts on Aspen Group Limited stock, see the AU:APZ Stock Forecast page.
Aspen Group Limited has announced a change in the interests of a substantial holder, MA Financial Group Limited, which now holds a reduced voting power of 7.23% down from 8.35%. This change reflects a decrease in the number of ordinary fully paid securities held by MA Financial Group, impacting the company’s shareholder structure and potentially its strategic decisions.
The most recent analyst rating on (AU:APZ) stock is a Buy with a A$2.48 price target. To see the full list of analyst forecasts on Aspen Group Limited stock, see the AU:APZ Stock Forecast page.
Aspen Group Limited has announced a change in the substantial holding of its shares by Cooper Investors Pty Limited. The voting power of Cooper Investors has decreased from 17.0706% to 16.0024% due to the purchase of shares over a period between April 8, 2025, and May 16, 2025. This change in shareholding may impact the company’s market dynamics and influence its strategic decisions.
The most recent analyst rating on (AU:APZ) stock is a Buy with a A$2.48 price target. To see the full list of analyst forecasts on Aspen Group Limited stock, see the AU:APZ Stock Forecast page.
Aspen Group Limited has announced the sale of its remaining 55 million shares in Eureka Group Holdings for a total of $27.5 million. The proceeds from this sale, along with recent equity raising, will be used to reduce the company’s net debt to approximately $92 million and decrease its gearing to about 14%. The company’s guidance for its underlying earnings per share for the fiscal year 2025 remains unchanged, indicating stability in its financial outlook despite the asset sale.
The most recent analyst rating on (AU:APZ) stock is a Buy with a A$2.48 price target. To see the full list of analyst forecasts on Aspen Group Limited stock, see the AU:APZ Stock Forecast page.
Aspen Group has successfully completed an institutional placement, raising $70.18 million through the issuance of 24.2 million new securities at $2.90 each. The funds will be used to reduce debt and strengthen the company’s ability to pursue growth opportunities, reducing gearing to approximately 17%. Additionally, Aspen is offering a Security Purchase Plan (SPP) to eligible securityholders in Australia and New Zealand, allowing them to purchase up to $30,000 worth of new securities at the same price. This move is expected to enhance Aspen’s financial flexibility and support its strategic growth initiatives.
The most recent analyst rating on (AU:APZ) stock is a Buy with a A$2.48 price target. To see the full list of analyst forecasts on Aspen Group Limited stock, see the AU:APZ Stock Forecast page.
Aspen Group Limited has announced a proposed issue of securities, which includes an offer under a securities purchase plan and a placement. The company plans to issue a total of 25,579,310 fully paid ordinary units stapled securities, with 1,379,310 units offered under the purchase plan and 24,200,000 units through a placement. The issuance aims to enhance the company’s capital structure and potentially improve its market positioning.
The most recent analyst rating on (AU:APZ) stock is a Buy with a A$2.48 price target. To see the full list of analyst forecasts on Aspen Group Limited stock, see the AU:APZ Stock Forecast page.
Aspen Group Limited has announced an equity raising initiative aimed at enhancing its operational capabilities and financial stability. The company’s proprietary approach focuses on maximizing sustainable returns through disciplined acquisitions and intensive property management. This initiative is expected to optimize Aspen’s portfolio, increase profitability, and reduce risk, thereby strengthening its market position and providing competitive rental accommodation options.
The most recent analyst rating on (AU:APZ) stock is a Buy with a A$2.48 price target. To see the full list of analyst forecasts on Aspen Group Limited stock, see the AU:APZ Stock Forecast page.
Aspen Group Limited has announced an equity raising to strengthen its balance sheet and support growth initiatives. The company is experiencing strong demand for its long stay accommodations due to a shortage of affordable housing in Australia, while short stay offerings show mixed results. Aspen’s development sales are robust, and the company is on track to meet its sales targets. The equity raising, consisting of an Institutional Placement and a Securityholder Purchase Plan, aims to provide financial flexibility for future growth and acquisitions, with an expected improvement in growth prospects and risk reduction over the medium term.
The most recent analyst rating on (AU:APZ) stock is a Buy with a A$2.48 price target. To see the full list of analyst forecasts on Aspen Group Limited stock, see the AU:APZ Stock Forecast page.
Aspen Group Limited has requested a trading halt on its securities pending an announcement related to an equity raising initiative. This move involves an institutional placement and a security purchase plan, with the halt expected to last until the announcement is made or normal trading resumes on 16 May 2025. The trading halt is a strategic step to facilitate the equity raising process, which could impact the company’s financial structure and market positioning.
The most recent analyst rating on (AU:APZ) stock is a Buy with a A$3.05 price target. To see the full list of analyst forecasts on Aspen Group Limited stock, see the AU:APZ Stock Forecast page.
Aspen Group Limited has successfully completed the acquisition of a new accommodation complex in Australind, Western Australia, for $32.25 million. This acquisition, which includes 97 transportable dwellings and extensive community facilities, is part of Aspen’s strategy to expand its portfolio in residential and lifestyle property markets, potentially enhancing its market position and offering new development opportunities.