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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 | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 108.13M | 108.13M | 91.12M | 65.67M | 46.68M | 35.52M |
| Gross Profit | 59.63M | 59.63M | 56.29M | 37.20M | 24.31M | 23.55M |
| EBITDA | 38.03M | 38.03M | 73.02M | 22.20M | 12.44M | 26.56M |
| Net Income | 57.05M | 57.05M | 48.44M | 54.40M | 75.38M | 25.39M |
Balance Sheet | ||||||
| Total Assets | 733.46M | 733.46M | 668.95M | 575.84M | 468.49M | 249.93M |
| Cash, Cash Equivalents and Short-Term Investments | 9.99M | 9.99M | 4.52M | 8.92M | 10.89M | 9.53M |
| Total Debt | 131.01M | 131.01M | 199.90M | 171.69M | 154.42M | 83.18M |
| Total Liabilities | 187.81M | 187.81M | 235.29M | 214.67M | 191.47M | 97.38M |
| Stockholders Equity | 549.49M | 549.49M | 437.49M | 365.00M | 280.86M | 156.39M |
Cash Flow | ||||||
| Free Cash Flow | 22.90M | 22.90M | 29.12M | 11.79M | 12.50M | 10.20M |
| Operating Cash Flow | 22.90M | 22.90M | 30.95M | 14.06M | 14.12M | 11.27M |
| Investing Cash Flow | 7.46M | 8.09M | -38.43M | -50.40M | -85.40M | -35.69M |
| Financing Cash Flow | -20.88M | -25.52M | 3.08M | 34.53M | 73.73M | 24.54M |
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 |
|---|---|---|---|---|---|---|---|
71 Outperform | €1.20B | 18.66 | 11.76% | 1.96% | 17.91% | 6.19% | |
68 Neutral | AU$1.34B | 8.81 | 10.22% | 3.87% | 206.14% | 101.96% | |
64 Neutral | AU$409.14M | 10.39 | 7.93% | 7.10% | -3.97% | 1057.09% | |
57 Neutral | AU$1.05B | 39.20 | 1.70% | 7.23% | 4.69% | ― | |
56 Neutral | AU$1.22B | -20.76 | -9.33% | 6.59% | -5.64% | 89.16% | |
55 Neutral | $13.29B | 17.42 | 10.03% | 0.93% | 7.13% | -12.93% | |
53 Neutral | AU$695.90M | -35.20 | -1.91% | 8.60% | -4.50% | 88.28% |
Aspen Group Limited Corporate Events
Aspen Group Limited has announced its 2025 Annual General Meeting, scheduled for November 20, 2025, in Sydney. Shareholders are invited to participate, with meeting materials available online and the option to vote in advance. This meeting is a significant event for Aspen Group, reflecting its commitment to shareholder engagement and transparency.
The most recent analyst rating on (AU:APZ) stock is a Buy with a A$5.50 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 released its corporate governance statement for the financial year ending June 30, 2025. The statement, approved by the board and current as of October 3, 2025, outlines the company’s adherence to the ASX Corporate Governance Council’s principles and recommendations. The statement is accessible on their website, providing transparency about the company’s governance practices. This announcement underscores Aspen Group’s commitment to maintaining robust governance standards, which is crucial for its stakeholders and industry positioning.
The most recent analyst rating on (AU:APZ) stock is a Buy with a A$5.50 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 upgrade to its FY26 Pre Tax Underlying Earnings guidance, reflecting a 20% increase from FY25 and 6% above initial guidance. This positive outlook is driven by strong demand in the housing market, exacerbated by acute shortages and regulatory constraints. Aspen’s strategic focus on affordable housing positions it well within Australia’s $11 trillion housing market. The company has seen significant growth in its rental and development segments, with increased profitability and expanded property portfolios. Aspen’s investments in park facilities and lifestyle houses have bolstered its market position, leading to improved net rental income and development profits.
The most recent analyst rating on (AU:APZ) stock is a Buy with a A$5.50 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 entered a conditional contract to acquire the remaining stages of the Wallaroo Shores master planned community for $14.1 million. Located in Wallaroo, South Australia, this acquisition will add over 300 sites to Aspen’s development pipeline, including lifestyle land lease sites, residential build-to-rent properties, and a commercial and retail precinct. The project is strategically positioned in a high-growth area with significant retiree migration, enhancing Aspen’s market presence and expanding its portfolio to 16 projects with approximately 2,500 sites.
The most recent analyst rating on (AU:APZ) stock is a Hold with a A$4.43 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 MA Financial Group Limited, along with its associated entities, has ceased to be a substantial holder in the company as of September 22, 2025. This change in substantial holding may impact Aspen Group’s shareholder dynamics and could influence its market strategy moving forward.
The most recent analyst rating on (AU:APZ) stock is a Hold with a A$4.43 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 its 2025 Annual General Meeting will be held on 20 November 2025. This meeting will provide shareholders with important updates and decisions, including director nominations, which must be submitted by 1 October 2025, potentially impacting the company’s governance and strategic direction.
The most recent analyst rating on (AU:APZ) stock is a Hold with a A$4.43 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 sudden passing of Rupert Smoker, the Founder, Executive Director, and CEO of Evolution Trustees Limited, which serves as the Responsible Entity of Aspen Property Trust. Rupert was a visionary leader known for his commitment to clients and his influence extended beyond the profession. Ben Norman, the long-standing Alternate Director and COO of Evolution Trustees, has been appointed as Acting CEO.
The most recent analyst rating on (AU:APZ) stock is a Hold with a A$4.43 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 notice concerning David Dixon. The change involved the conversion of 340,136 performance rights into stapled securities, which were issued for nil consideration. This adjustment reflects a strategic move in the company’s governance, potentially impacting its equity structure and signaling confidence in its long-term performance.
The most recent analyst rating on (AU:APZ) stock is a Hold with a A$4.43 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 involving John Carter. The change entails the conversion of 340,136 performance rights into stapled securities, issued at an estimated value of $4.34 per security. This adjustment reflects a strategic move in the company’s financial management, potentially impacting its market position and shareholder interests.
The most recent analyst rating on (AU:APZ) stock is a Hold with a A$4.43 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 1,244,149 fully paid ordinary stapled securities to employees and Joint Chief Executive Officers following the conversion of performance rights, initially issued in December 2022. Additionally, 36,662 stapled securities were issued to the Head of Asset Management as part of a short-term incentive for FY2024. These securities were issued without a prospectus under specific provisions of the Corporations Act, and Aspen Group has confirmed compliance with its reporting obligations, indicating no excluded information is required to be disclosed.
The most recent analyst rating on (AU:APZ) stock is a Hold with a A$4.43 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 announced the quotation of 36,662 fully paid ordinary units stapled securities on the Australian Securities Exchange (ASX) under the code APZ, effective September 1, 2025. This move is part of previously announced transactions, potentially enhancing the company’s liquidity and market presence, which could have implications for its stakeholders.
The most recent analyst rating on (AU:APZ) stock is a Hold with a A$4.43 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 1,244,149 fully paid ordinary units stapled securities on the Australian Securities Exchange (ASX) with the security code APZ. This move is expected to enhance the company’s market presence and provide additional liquidity, potentially benefiting stakeholders by increasing the company’s financial flexibility and investment appeal.
The most recent analyst rating on (AU:APZ) stock is a Hold with a A$4.43 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 36,662 fully paid ordinary units stapled securities, with the issue date set for September 1, 2025. This move is part of a placement or other type of issue, indicating a strategic effort to raise capital and potentially expand its operations, which could impact its market positioning and stakeholder interests.
The most recent analyst rating on (AU:APZ) stock is a Hold with a A$4.43 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 reported financial results for FY25 that exceed expectations, showcasing strong operational performance and a robust financial position. The company has seen significant growth in income, asset value, and development profits, with a strengthened balance sheet and increased distributions to security holders. Aspen’s strategic focus on disciplined acquisitions, cost-effective refurbishments, and competitive pricing has positioned it well for continued growth. The company anticipates further strong performance in FY26, driven by the structural demand for quality accommodation in Australia.
The most recent analyst rating on (AU:APZ) stock is a Buy with a A$4.00 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 financial results for the fiscal year 2025, surpassing its previous guidance. The company’s leadership team, including Joint CEOs David Dixon and John Carter, along with key executives, presented the results, highlighting strong performance in rentals and development. The positive financial outcomes suggest a robust balance sheet and optimistic outlook for the future, potentially strengthening Aspen Group’s position in the market.
The most recent analyst rating on (AU:APZ) stock is a Buy with a A$4.00 price target. To see the full list of analyst forecasts on Aspen Group Limited stock, see the AU:APZ Stock Forecast page.
Aspen Property Trust has released its annual financial report for the year ending June 30, 2025. The report includes comprehensive financial statements and notes, detailing the trust’s financial performance and position. This release provides stakeholders with insights into the trust’s financial health, operational segments, and related party transactions, which are crucial for assessing its market position and future prospects.
The most recent analyst rating on (AU:APZ) stock is a Buy with a A$4.00 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 reported a strong financial performance for the year ending June 30, 2025, with revenues increasing by 17% to $106.9 million and profit after tax rising by 18% to $57.05 million. The company’s underlying operating profit saw a significant increase of 35%, reflecting robust operational efficiency and strategic management. This financial growth indicates a positive trajectory for Aspen Group, enhancing its market position and potentially benefiting its investors through increased distributions.
The most recent analyst rating on (AU:APZ) stock is a Buy with a A$4.00 price target. To see the full list of analyst forecasts on Aspen Group Limited stock, see the AU:APZ Stock Forecast page.