Aspen Group, Inc. is an education technology holding company that leverages its infrastructure and expertise to allow its two universities, Aspen University and United States University, to deliver on the vision of making college affordable again.
Company profile
Ticker
ASPU
Exchange
Website
CEO
Michael D. Mathews
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Elite Nutritional Brands, Inc., Hidden Ladder, Inc.
SEC CIK
Corporate docs
Subsidiaries
Aspen University Inc. • United States University, Inc. ...
IRS number
271933597
ASPU stock data
Latest filings (excl ownership)
EFFECT
Notice of effectiveness
27 Sep 23
EFFECT
Notice of effectiveness
27 Sep 23
EFFECT
Notice of effectiveness
27 Sep 23
NT 10-K
Notice of late annual filing
31 Jul 23
15-12G
Securities registration termination
6 Jul 23
8-K
Departure of Directors or Certain Officers
22 May 23
10-Q
2023 Q3
Quarterly report
16 May 23
8-K
Aspen Group, Inc. Announces Closing of $12.4 Million Private Placement
16 May 23
8-K
Departure of Directors or Certain Officers
8 May 23
POS AM
Prospectus update (post-effective amendment)
1 May 23
Transcripts
ASPU
Earnings call transcript
2024 Q2
18 Jan 24
ASPU
Earnings call transcript
2023 Q2
14 Dec 22
ASPU
Earnings call transcript
2023 Q1
14 Sep 22
ASPU
Earnings call transcript
2022 Q4
19 Jul 22
ASPU
Earnings call transcript
2022 Q3
17 Mar 22
ASPU
Earnings call transcript
2022 Q2
15 Dec 21
ASPU
Earnings call transcript
2022 Q1
15 Sep 21
ASPU
Earnings call transcript
2021 Q4
14 Jul 21
ASPU
Earnings call transcript
2021 Q3
17 Mar 21
ASPU
Earnings call transcript
2021 Q2
16 Dec 20
Latest ownership filings
Financial summary
Quarter (USD) | Jan 23 | Oct 22 | Jul 22 | Apr 22 | |
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Diluted EPS |
Annual (USD) | Apr 22 | Apr 21 | Apr 20 | Apr 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 6.53 mm | 6.53 mm | 6.53 mm | 6.53 mm | 6.53 mm | 6.53 mm |
Cash burn (monthly) | 734.33 k | 72.97 k | 505.93 k | 794.94 k | 610.04 k | 667.88 k |
Cash used (since last report) | 10.86 mm | 1.08 mm | 7.48 mm | 11.76 mm | 9.02 mm | 9.88 mm |
Cash remaining | -4.33 mm | 5.45 mm | -954.45 k | -5.23 mm | -2.49 mm | -3.35 mm |
Runway (months of cash) | -5.9 | 74.7 | -1.9 | -6.6 | -4.1 | -5.0 |
Institutional ownership, Q2 2023
16.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 2 |
Opened positions | 0 |
Closed positions | 7 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 733.00 k |
Total shares | 4.18 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Calm Waters Partnership | 2.71 mm | $733.00 k |
MacLean Malcolm F IV | 1.47 mm | $0.00 |
Proequities | 0.00 | $0.00 |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
3 Oct 23 | Michael L Koehneman | Common Stock | Grant | Acquire A | Yes | No | 0.1712 | 4,377 | 749.34 | 22,000 |
3 Oct 23 | Michael L Koehneman | Common Stock | Grant | Acquire A | Yes | No | 0.177 | 10,000 | 1.77 k | 17,623 |
2 Oct 23 | Michael L Koehneman | Common Stock | Grant | Acquire A | Yes | No | 0.175 | 5,623 | 984.03 | 7,623 |
29 Sep 23 | Kass Douglas | Common Stock | Buy | Acquire P | Yes | No | 0.1794 | 25,000 | 4.49 k | 445,000 |
28 Sep 23 | Kass Douglas | Common Stock | Buy | Acquire P | Yes | No | 0.1768 | 14,500 | 2.56 k | 420,000 |
27 Sep 23 | Kass Douglas | Common Stock | Buy | Acquire P | Yes | No | 0.1825 | 500 | 91.25 | 405,500 |
26 Sep 23 | Kass Douglas | Common Stock | Buy | Acquire P | Yes | No | 0.1733 | 15,000 | 2.60 k | 405,000 |
25 Sep 23 | Kass Douglas | Common Stock | Buy | Acquire P | Yes | No | 0.1799 | 32,500 | 5.85 k | 390,000 |