Aspen Group
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Aspen Group's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 14% to $66,324,788. The net income raised on -$8,347,605 and profit margin reached -13%. Total operating expenses were $41,100,967.
Profit Margin
| 2014 | 3.98M | -5.35M | -134.37% |
|---|---|---|---|
| 2015 | 5.22M | -4.26M | -81.68% |
| 2016 | 8.45M | -2.24M | -26.58% |
| 2017 | 14.24M | -1.10M | -7.76% |
| 2018 | 22.02M | -7.00M | -31.83% |
| 2019 | 34.02M | -9.44M | -27.76% |
| 2020 | 49.06M | -5.65M | -11.53% |
| 2021 | 67.81M | -10.44M | -15.41% |
| 2022 | 76.69M | -9.58M | -12.5% |
| 2023 | 66.32M | -8.34M | -12.59% |
ASPU Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 66.32M | 76.69M | 67.81M | 49.06M | 34.02M | 22.02M | 14.24M | 8.45M | 5.22M | 3.98M |
Cost of revenue | 30.79M | 35.25M | 29.45M | 19.13M | 15.97M | 9.85M | 5.06M | 3.58M | 2.17M | 1.85M |
Gross profit | 35.52M | 41.43M | 38.35M | 29.92M | 18.04M | 12.16M | 9.18M | 4.86M | 3.04M | 2.12M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 41.10M | 48.90M | 44.33M | 32.53M | 27.15M | 17.42M | 9.96M | 7.00M | 6.45M | 6.89M |
Operating income | -5.57M | -7.47M | -5.97M | -2.60M | -9.10M | -5.25M | -782.08K | -2.13M | -3.40M | -4.77M |
Other income (expenses), net | -2.63M | -1.68M | -4.44M | -1.56M | -168.49K | -1.80M | -323.17K | 9.98K | -864.96K | -658.34K |
Income before tax | -8.21M | -9.15M | -10.41M | -5.60M | -9.27M | -7.06M | -1.10M | -2.24M | -4.26M | -5.43M |
Income tax expense | 136.74K | 427.4K | 32.64K | 51.82K | 168.49K | -52.5K | 351.84K | 131.30K | 430.84K | 575.95K |
Net income | -8.34M | -9.58M | -10.44M | -5.65M | -9.44M | -7.00M | -1.10M | -2.24M | -4.26M | -5.35M |
Earnings per share | ||||||||||
Basic EPS | -0.33 | -0.38 | -0.44 | -0.29 | -0.51 | -0.49 | -0.08 | -0.2 | -0.51 | -1.04 |
Diluted EPS | -0.33 | -0.38 | -0.44 | -0.29 | -0.51 | -0.49 | -0.08 | -0.2 | -0.51 | -1.04 |
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