APZ Appendix 4E and Financial Statements 30 June 2025
| Stock | Aspen Group (APZ.ASX) |
|---|---|
| Release Time | 21 Aug 2025, 9:25 a.m. |
| Price Sensitive | Yes |
APZ Appendix 4E and Financial Statements 30 June 2025
- Revenues from ordinary activities up 17% to $106,917,000
- Profit after income tax up 18% to $57,050,000
- Underlying Operating Profit up 35% to $34,063,000
- Final distribution of 5 cents per security, total distributions of 10 cents per security
Aspen Group Limited has reported its financial results for the year ended 30 June 2025, with revenues from ordinary activities increasing by 17% to $106,917,000 and profit after income tax rising by 18% to $57,050,000. The company's underlying operating profit, which excludes non-underlying items, grew by 35% to $34,063,000. Aspen's rental pool comprised 4,156 dwellings and land sites as of 30 June 2025, up 5% from the prior year, with the properties valued at $588 million, an increase of 15%. The company's Residential, Lifestyle, and Park portfolios all delivered strong rental income growth and improved operating margins. Aspen's Board has declared a final distribution of 5 cents per security, bringing the total distributions for the year to 10 cents per security.
Aspen Group Limited expects to deliver continued growth in revenues, profit, and underlying operating profit in the 2026 financial year, with the company's diversified property portfolio and focus on affordable housing continuing to drive performance.
Aspen Group Limited is well-positioned for further growth, with a strong balance sheet, diversified property portfolio, and focus on affordable housing. The company remains committed to delivering sustainable returns to its securityholders through active management of its assets and prudent capital allocation.