---
schema_version: "secwatch.filing_event.v1"
accession: "0001553350-22-000221"
form_type: "8-K"
ticker: "ASPU"
cik: "0001487198"
company_name: "ASPEN GROUP, INC."
filed_at: "2022-03-15T23:59:59+00:00"
generated_at: "2026-06-26T22:43:44.186965+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Aspen Group Q3 fiscal 2022 revenue up 14% to $18.9M; net loss widens to $3.7M

## Summary
- Revenue $18.9M vs $16.6M YoY (+14%); net loss of ($3.7M) vs ($2.8M) YoY.
- EPS of ($0.15) vs ($0.11) YoY; adjusted EBITDA of ($1.3M) vs ($0.9M).
- Business units with highest LTV accounted for 56% of revenue; gross margin 49% vs 52%.
- Received approval to open BSN Pre-Licensure program in Atlanta.
- Net loss includes $1.3M in losses from new campus expansion.

## SEC filing metadata
- accession: 0001553350-22-000221
- form_type: 8-K
- ticker: ASPU
- cik: 0001487198
- company_name: ASPEN GROUP, INC.
- filed_at: 2022-03-15T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1487198/000155335022000221/0001553350-22-000221-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1487198/000155335022000221/aspu_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001553350-22-000221
- JSON: https://secwatch.observer/filing/0001553350-22-000221.json
- Plain text: https://secwatch.observer/filing/0001553350-22-000221.txt

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