Aspen Group reports record FY2021 revenue of $67.8M (+38%); net loss widens to $10.4M

ASPEN GROUP, INC.

Revenue $67.8M, up 38% YoY; Q4 revenue $19.1M vs $14.1M.
GAAP net loss $10.4M (EPS -$0.44) vs loss of $5.7M (-$0.29) prior year.
Adjusted EBITDA profit $1.3M, down from $2.7M prior year.
BSN Pre-Licensure and USU combined for 51% of Q4 consolidated revenue.
Company introduced FY2022 revenue and adjusted EBITDA guidance (no specific figures in press release).

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