Aspen Group Inc. (ASPU) financial statements (2021 and earlier)

Company profile

Business Address 276 FIFTH AVENUE
NEW YORK, NY 10001
State of Incorp. DE
Fiscal Year End April 30
SIC 82 - Educational Services (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

1/31/2021
TTM
4/30/2020
4/30/2019
4/30/2018
4/30/2017
4/30/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments10 101531
Cash and cash equivalents10 101531
Restricted cash and investments3 00  
Receivables16 11752
Prepaid expense1 0000
Other current assets1     
Other undisclosed current assets  (0) 1 
Total current assets:32 212283
Noncurrent Assets
Operating lease, right-of-use asset11 
Property, plant and equipment8 4311
Long-term investments and receivables10 3110
Accounts and financing receivable, after allowance for credit loss10 3110
Intangible assets, net (including goodwill)5 5500
Goodwill5 55  
Intangible assets, net (excluding goodwill)0 0000
Other noncurrent assets1 1100
Other undisclosed noncurrent assets8 91000
Total noncurrent assets:42 222021
TOTAL ASSETS:74 4342115
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities3 2310
Accounts payable1 2210
Accrued liabilities2 1100
Deferred revenue6 
Debt  0100
Deferred rent credit  00
Customer refund liability2 1100
Deferred revenue and credits 11
Contract with customer, liability2
Other liabilities0 00  
Other undisclosed current liabilities2  2  
Total current liabilities:14 6731
Noncurrent Liabilities
Long-term debt and lease obligation10 101  
Long-term debt, excluding current maturities  101  
Operating lease, liability10 
Liabilities, other than long-term debt  1001
Deferred revenue and credits 00
Deferred rent credit  10
Due to related parties     1
Other undisclosed noncurrent liabilities(10)   00
Total noncurrent liabilities:10 10101
Total liabilities:24 17833
Stockholders' equity
Stockholders' equity attributable to parent50 263482
Common stock0 0000
Treasury stock, value(2) (0)(0)(0)(0)
Additional paid in capital108 69673426
Accumulated deficit(56) (42)(33)(26)(25)
Total stockholders' equity:50 263482
TOTAL LIABILITIES AND EQUITY:74 4342115

Income statement (P&L) ($ in millions)

1/31/2021
TTM
4/30/2020
4/30/2019
4/30/2018
4/30/2017
4/30/2016
Revenues63 3422148
Cost of revenue(26) (16)(10)(5)(4)
Gross profit:37 181295
Operating expenses(41) (25)(16)(9)(6)
Other undisclosed operating loss(2) (2)(1)(1)(1)
Operating loss:(6) (9)(5)(1)(2)
Nonoperating expense(2) (0)(2)(0)(0)
Other nonoperating income (expense)(0) 0000
Interest and debt expense(1) (0)(2)(0)(0)
Loss from continuing operations before equity method investments, income taxes:(9) (10)(9)(1)(2)
Other undisclosed income from continuing operations before income taxes1 0200
Loss from continuing operations before income taxes:(9) (9)(7)(1)(2)
Income tax expense(0)     
Net loss available to common stockholders, diluted:(9) (9)(7)(1)(2)

Comprehensive Income ($ in millions)

1/31/2021
TTM
4/30/2020
4/30/2019
4/30/2018
4/30/2017
4/30/2016
Net loss:(9) (9)(7)(1)(2)
Comprehensive loss, net of tax, attributable to parent:(9) (9)(7)(1)(2)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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