Aspen Group, Inc.

OTCPK:ASPU Stock Report

Market Cap: US$3.6m

Aspen Group Management

Management criteria checks 3/4

Aspen Group's CEO is Mike Mathews, appointed in Mar 2012, has a tenure of 12.75 years. directly owns 3.87% of the company’s shares, worth $140.82K. The average tenure of the management team and the board of directors is 7.5 years and 4.4 years respectively.

Key information

Mike Mathews

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure12.8yrs
CEO ownership3.9%
Management average tenure7.5yrs
Board average tenure4.4yrs

Recent management updates

Recent updates

Aspen Group scraps $3M equity distribution deal, provides update on restructuring

Oct 11

Aspen GAAP EPS of -$0.15 misses by $0.02, revenue of $18.89M beats by $0.31M

Sep 13

Is Aspen Group (NASDAQ:ASPU) Using Debt Sensibly?

Jan 13
Is Aspen Group (NASDAQ:ASPU) Using Debt Sensibly?

Aspen Group: Current Headwinds Present Excellent Entry Point

Dec 18

Aspen Group: Insider Buying Puts This Stock On Our Radar

Nov 26

Aspen Group: High Growth Online Education Disrupter

Nov 16

We're Hopeful That Aspen Group (NASDAQ:ASPU) Will Use Its Cash Wisely

Oct 30
We're Hopeful That Aspen Group (NASDAQ:ASPU) Will Use Its Cash Wisely

Aspen University: Great Opportunity For Growth And Value Investors

Jul 22

Companies Like Aspen Group (NASDAQ:ASPU) Can Afford To Invest In Growth

May 24
Companies Like Aspen Group (NASDAQ:ASPU) Can Afford To Invest In Growth

Aspen Group, Inc.'s (NASDAQ:ASPU) Shift From Loss To Profit

Mar 22
Aspen Group, Inc.'s (NASDAQ:ASPU) Shift From Loss To Profit

Can You Imagine How Elated Aspen Group's (NASDAQ:ASPU) Shareholders Feel About Its 311% Share Price Gain?

Mar 01
Can You Imagine How Elated Aspen Group's (NASDAQ:ASPU) Shareholders Feel About Its 311% Share Price Gain?

Are Investors Undervaluing Aspen Group, Inc. (NASDAQ:ASPU) By 21%?

Feb 14
Are Investors Undervaluing Aspen Group, Inc. (NASDAQ:ASPU) By 21%?

What Percentage Of Aspen Group, Inc. (NASDAQ:ASPU) Shares Do Insiders Own?

Jan 30
What Percentage Of Aspen Group, Inc. (NASDAQ:ASPU) Shares Do Insiders Own?

Here's Why We're Not At All Concerned With Aspen Group's (NASDAQ:ASPU) Cash Burn Situation

Jan 15
Here's Why We're Not At All Concerned With Aspen Group's (NASDAQ:ASPU) Cash Burn Situation

At US$10.84, Is Aspen Group, Inc. (NASDAQ:ASPU) Worth Looking At Closely?

Dec 31
At US$10.84, Is Aspen Group, Inc. (NASDAQ:ASPU) Worth Looking At Closely?

The CFO & Director of Aspen Group, Inc. (NASDAQ:ASPU), Frank Cotroneo, Just Sold 50% Of Their Holding

Dec 31
The CFO & Director of Aspen Group, Inc. (NASDAQ:ASPU), Frank Cotroneo, Just Sold 50% Of Their Holding

Aspen Group, Inc. (NASDAQ:ASPU) Second-Quarter Results: Here's What Analysts Are Forecasting For This Year

Dec 18
Aspen Group, Inc. (NASDAQ:ASPU) Second-Quarter Results: Here's What Analysts Are Forecasting For This Year

Aspen -3.5% despite raised fiscal 2021 revenue guidance

Dec 16

When Will Aspen Group, Inc. (NASDAQ:ASPU) Turn A Profit?

Dec 07
When Will Aspen Group, Inc. (NASDAQ:ASPU) Turn A Profit?

Aspen Group: Higher Education Stock Going Higher

Dec 02

Can You Imagine How Elated Aspen Group's (NASDAQ:ASPU) Shareholders Feel About Its 425% Share Price Gain?

Nov 19
Can You Imagine How Elated Aspen Group's (NASDAQ:ASPU) Shareholders Feel About Its 425% Share Price Gain?

Aspen's Q2 enrollments increased 20% and bookings up 34%

Nov 09

CEO Compensation Analysis

How has Mike Mathews's remuneration changed compared to Aspen Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Oct 31 2023n/an/a

-US$5m

Jul 31 2023n/an/a

-US$5m

Apr 30 2023US$454kUS$350k

-US$8m

Jan 31 2023n/an/a

-US$10m

Oct 31 2022n/an/a

-US$12m

Jul 31 2022n/an/a

-US$12m

Apr 30 2022US$1mUS$347k

-US$10m

Jan 31 2022n/an/a

-US$10m

Oct 31 2021n/an/a

-US$9m

Jul 31 2021n/an/a

-US$10m

Apr 30 2021US$680kUS$335k

-US$10m

Jan 31 2021n/an/a

-US$9m

Oct 31 2020n/an/a

-US$8m

Jul 31 2020n/an/a

-US$5m

Apr 30 2020US$1mUS$328k

-US$6m

Jan 31 2020n/an/a

-US$7m

Oct 31 2019n/an/a

-US$7m

Jul 31 2019n/an/a

-US$9m

Apr 30 2019US$947kUS$325k

-US$9m

Jan 31 2019n/an/a

-US$11m

Oct 31 2018n/an/a

-US$11m

Jul 31 2018n/an/a

-US$9m

Apr 30 2018US$718kUS$325k

-US$7m

Compensation vs Market: Insufficient data to establish whether Mike's total compensation is reasonable compared to companies of similar size in the US market.

Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.

CEO

Mike Mathews (62 yo)

12.8yrs

Tenure

US$453,892

Compensation

Mr. Michael D. Mathews, also known as Mike, has been the Chief Executive Officer at Aspen Group, Inc. since March 13, 2012. Mr. Mathews has been the Chief Executive Officer of Aspen University Inc., the su...

Leadership Team

NamePositionTenureCompensationOwnership
Michael Mathews
Chairman of the Board & CEO12.8yrsUS$453.89k3.87%
$ 140.8k
Matthew LaVay
Chief Financial Officer3.3yrsUS$385.00kno data
Cheri St. Arnauld
President & Chief Academic Officer of Aspen University7.5yrsUS$329.94k0.39%
$ 14.1k

7.5yrs

Average Tenure

62yo

Average Age

Experienced Management: ASPU's management team is seasoned and experienced (7.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Michael Mathews
Chairman of the Board & CEO12.8yrsUS$453.89k3.87%
$ 140.8k
C. Jensen
Member of Advisory Board3.4yrsUS$8.75kno data
Andrew Kaplan
Independent Director10.5yrsUS$51.50kno data
Sanford Rich
Independent Director12.8yrsUS$57.00kno data
Douglas Kass
Independent Director4.4yrsUS$44.00k0.074%
$ 2.7k
Michael Koehneman
Independent Director4.4yrsUS$48.50k0.17%
$ 6.2k
Joan Prince
Independent Director3.4yrsUS$33.00kno data

4.4yrs

Average Tenure

66yo

Average Age

Experienced Board: ASPU's board of directors are considered experienced (4.4 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 05:20
End of Day Share Price 2024/12/20 00:00
Earnings2023/10/31
Annual Earnings2023/04/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Aspen Group, Inc. is covered by 8 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Rajiv SharmaB. Riley Securities, Inc.
Austin MoldowCanaccord Genuity
Jeremy HamblinCraig-Hallum Capital Group LLC