---
schema_version: "secwatch.filing_event.v1"
accession: "0001553350-21-000805"
form_type: "8-K"
ticker: "ASPU"
cik: "0001487198"
company_name: "ASPEN GROUP, INC."
filed_at: "2021-09-14T23:59:59+00:00"
generated_at: "2026-06-29T03:49:49.136774+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Aspen Group Q1 revenue record $19.4M (+28% YoY); net loss flat at $0.9M

## Summary
- Revenue of $19.4M, up 28% YoY from $15.2M; highest-LTV business units generated 55% of revenue.
- Net loss of $0.9M, unchanged YoY; EPS loss of $0.03 vs $0.04 last year.
- EBITDA improved to $0.1M from $0.0M; adjusted EBITDA fell to $0.5M from $1.3M.
- Gross margin declined to 54% from 59%; operating loss widened to $1.2M from $0.4M.

## SEC filing metadata
- accession: 0001553350-21-000805
- form_type: 8-K
- ticker: ASPU
- cik: 0001487198
- company_name: ASPEN GROUP, INC.
- filed_at: 2021-09-14T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1487198/000155335021000805/0001553350-21-000805-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1487198/000155335021000805/aspu_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001553350-21-000805
- JSON: https://secwatch.observer/filing/0001553350-21-000805.json
- Plain text: https://secwatch.observer/filing/0001553350-21-000805.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.