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Aspen Group Limited
(Sydney:APZ)
Aspen Group Limited (APZ) vs. S&P 500 (SPY)
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 | 46.68M | 35.52M | 30.77M | Gross Profit |
| 49.97M | 37.20M | 24.31M | 19.30M | 16.79M | EBIT |
| 30.13M | 21.00M | 11.45M | 8.39M | 6.45M | EBITDA |
| 28.45M | 22.20M | 12.44M | 9.12M | 6.97M | Net Income Common Stockholders |
| 48.44M | 54.40M | 75.38M | 25.39M | 11.87M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 4.52M | 8.92M | 10.89M | 9.53M | 9.27M | Total Assets |
| 668.95M | 575.84M | 468.49M | 249.93M | 191.18M | Total Debt |
| 199.90M | 171.69M | 154.42M | 76.76M | 45.76M | Net Debt |
| 195.38M | 162.92M | 143.84M | 68.64M | 37.75M | 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 |
|---|---|---|---|---|---|---|---|
76 Outperform | €652.62M | 10.91 | 13.65% | 3.06% | 31.29% | 5.02% | |
70 Outperform | AU$3.23B | 13.30 | 6.87% | 4.74% | 8.10% | 6.34% | |
65 Neutral | AU$891.05M | 17.47 | 7.50% | 1.43% | 8.28% | -39.60% | |
61 Neutral | AU$2.32B | 39.31 | 3.77% | 1.98% | 22.09% | -19.31% | |
60 Neutral | $2.82B | 10.29 | 0.31% | 8508.26% | 5.91% | -17.42% |
Aspen Group Limited Corporate Events
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.
Aspen Group Limited announced its strategic approach to maximizing profitability through intensive property management and offering a variety of lease terms and services. By focusing on disciplined acquisitions and providing flexible rental options, the company aims to optimize its portfolio, enhance profits and equity value, and reduce risk, thereby strengthening its position in the competitive rental accommodation market.
Aspen Group Limited has announced a change in the interests of its substantial holder, Cooper Investors Pty Limited. As of April 7, 2025, Cooper Investors’ voting power in Aspen Group has decreased from 18.341% to 17.0706%, indicating a reduction in their shareholding. This change could impact Aspen Group’s shareholder dynamics and influence within the company, potentially affecting its strategic decisions and market positioning.
Aspen Group Limited has announced its acquisition of a new accommodation complex in Australind, Western Australia, initially developed for Albemarle Corporation’s Kemerton Lithium Plant expansion. This strategic move aims to reposition the property into a residential rental and lifestyle community, addressing the acute shortage of affordable housing in the Bunbury area. The acquisition is expected to increase Aspen’s scale by 16% and improve its profitability and equity value over the medium term, although it will initially be neutral to underlying earnings per security. The purchase, priced at $32.25 million, is expected to be debt-funded, increasing the company’s gearing ratio.
Aspen Group Limited has announced its proprietary approach to maximizing sustainable returns for its security holders by owning all its properties outright, thus avoiding conflicts associated with joint ventures. The company is enhancing its profitability through intensive management and diverse lease offerings, while also focusing on cost-effective development to cater to its target market. This strategy is expected to optimize the company’s portfolio, profits, and equity value, while reducing risks, positioning Aspen Group as a specialist provider of competitive rental accommodation.
Aspen Group Limited has reported strong financial growth in HY25, with an upgraded FY25 underlying earnings guidance driven by increased net rental income. The company’s strategic acquisitions, disciplined asset management, and cost-effective development have significantly improved portfolio quality. With a strengthened balance sheet and competitive pricing, Aspen is positioned to capitalize on the structural shortages of quality accommodation in Australia, presenting a positive outlook for future growth.
Aspen Group Limited has announced its half-year results for 2025, highlighting the construction of a new lifestyle precinct at Highway 1, which is located just 25 minutes from Adelaide CBD. This development is a strategic move that may strengthen Aspen Group’s market position by potentially increasing its property portfolio and enhancing its appeal to stakeholders.
Aspen Group Limited reported a significant financial performance improvement for the half-year ended 31 December 2024. The company’s revenue increased by 20.1% to $50.9 million, and its profit surged by 39.9% to $31.2 million compared to the same period in the previous year. The underlying operating earnings before tax also rose by 30.9% to $16.1 million. An interim distribution of 5.00 cents per ordinary security has been declared, reflecting a solid return for shareholders.