Aspen Group (ASPU) AI Stock Analysis

• Market Cap: $2.80M
• Dividend Yield: N/A
• Average Volume (3M): 74.11K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.32
• Revenue Growth: -11.86%
• EPS Growth: 85.16%
• Country: US
• Employees: 312
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Education & Training Services
• EPS (TTM): -0.04
• Shares Outstanding: 25,462,317
• 10 Day Avg. Volume: 108,104
• 30 Day Avg. Volume: 74,110
• PEG Ratio: 0.00
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 9.68
• Enterprise Value/Revenue: 0.60
• Enterprise Value/Gross Profit: 0.90
• Enterprise Value/Ebitda: 9.24
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 50 Neutral
• Price Target: $0.00 ▼(-100.00% Downside)

Aspen Group's overall stock score is primarily impacted by its weak financial performance and valuation concerns. While technical analysis shows some positive momentum, the company's financial instability and lack of earnings make it a risky investment.

Aspen Group Business Overview & Revenue Model

Company Description

Aspen Group, Inc., an education technology company, provides online higher education services in the United States. The company offers baccalaureate, master's, and doctoral degree programs in nursing and health sciences, business and technology, arts and sciences, and education fields through Aspen University and United States University. As of April 30, 2022, it had 13,334 degree-seeking students enrolled. Aspen Group, Inc. was founded in 1987 and is based in New York, New York.

How the Company Makes Money

Aspen Group generates revenue primarily through tuition and fees from its online degree programs. The company has a diverse range of offerings, including undergraduate and graduate programs in fields such as business, nursing, and education. Key revenue streams include enrollment fees, course materials, and other educational services. Additionally, Aspen Group may benefit from partnerships with employers or organizations that seek to provide educational opportunities to their employees. Marketing efforts targeting adult learners and partnerships with educational institutions also contribute to its revenue growth. The company's ability to maintain enrollment levels and expand its program offerings plays a crucial role in its financial success.

Aspen Group Financial Statement Overview

Summary

Aspen Group faces significant financial challenges, including declining revenues and profitability, coupled with increasing debt levels. While there are some strengths in gross profit margins and cash flow improvements, the overall financial health remains a concern, with the company needing to address its profitability and leverage issues to improve its financial stability.

Income Statement

The company has been experiencing declining revenues and worsening profitability over the years. For the TTM (Trailing-Twelve-Months), the gross profit margin stands at 64.4%, indicating effective cost management relative to revenue. However, the net profit margin is negative at -28.3%, highlighting significant losses. Revenue has decreased substantially compared to the previous year, showing a negative growth trajectory, which is concerning.

Balance Sheet

The company's debt-to-equity ratio is 0.86, indicating a moderate level of leverage. The return on equity is negative at -46.3% for the TTM, suggesting poor profitability for shareholders. The equity ratio of 41.7% demonstrates a solid equity base relative to total assets, but the declining stockholder's equity over the years is a negative trend.

Cash Flow

The free cash flow growth rate is positive, which is encouraging, but the company has historically struggled with negative free cash flows. The operating cash flow to net income ratio is positive, showing better cash generation relative to net losses, yet the overall cash position has weakened.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	45.30M	45.30M	51.40M	66.32M	76.69M	67.81M
Gross Profit	30.06M	30.06M	31.44M	35.53M	41.44M	38.36M
EBITDA	2.94M	2.94M	-4.80M	-1.85M	-5.07M	-5.94M
Net Income	-1.54M	-1.54M	-13.58M	-8.35M	-9.59M	-10.45M
Balance Sheet
Total Assets	66.77M	66.77M	75.95M	80.87M	91.07M	80.81M
Cash, Cash Equivalents and Short-Term Investments	1.07M	1.07M	2.62M	5.72M	6.48M	13.67M
Total Debt	22.43M	22.43M	26.67M	35.00M	33.72M	18.33M
Total Liabilities	35.80M	35.80M	43.67M	45.32M	48.52M	31.72M
Stockholders Equity	30.97M	30.97M	32.28M	35.55M	42.55M	49.09M
Cash Flow
Free Cash Flow	233.72K	233.72K	-4.81M	-7.00M	-15.61M	-7.99M
Operating Cash Flow	1.19M	1.19M	-3.66M	-4.40M	-11.28M	985.58K
Investing Cash Flow	-1.02M	-1.02M	-1.33M	-2.60M	-4.33M	-8.98M
Financing Cash Flow	-1.72M	-1.72M	1.89M	-190.47K	14.86M	3.75M

Aspen Group Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.11
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ASPU, the sentiment is Positive. The current price of 0.11 is above the 20-day moving average (MA) of 0.10, above the 50-day MA of 0.08, and below the 200-day MA of 0.12, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 61.09 is Neutral, neither overbought nor oversold. The STOCH value of 77.25 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for ASPU.

Aspen Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
AMBO	52 Neutral	$9.91M	―	-49.39%	―	―	―
ASPU	50 Neutral	$2.80M	―	-4.89%	―	-11.86%	85.16%
CLEUF	44 Neutral	$168.33K	―	―	―	―	―
WAFU	43 Neutral	$9.00M	―	-4.26%	―	-14.35%	-744.00%
EEIQ	37 Underperform	$10.94M	―	-48.49%	―	44.99%	61.58%