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Aspen Group (Aspen Group) Gross Margin % : 65.37% (As of Jan. 2023)


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What is Aspen Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Aspen Group's Gross Profit for the three months ended in Jan. 2023 was $10.18 Mil. Aspen Group's Revenue for the three months ended in Jan. 2023 was $15.57 Mil. Therefore, Aspen Group's Gross Margin % for the quarter that ended in Jan. 2023 was 65.37%.


The historical rank and industry rank for Aspen Group's Gross Margin % or its related term are showing as below:


ASPU's Gross Margin % is not ranked *
in the Education industry.
Industry Median: 47.9
* Ranked among companies with meaningful Gross Margin % only.

Aspen Group had a gross margin of 65.37% for the quarter that ended in Jan. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Aspen Group was 0.00% per year.


Aspen Group Gross Margin % Historical Data

The historical data trend for Aspen Group's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Aspen Group Gross Margin % Chart

Aspen Group Annual Data
Trend Feb12 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 55.25 53.04 61.00 56.57 54.03

Aspen Group Quarterly Data
Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 51.04 55.61 45.98 62.83 65.37

Competitive Comparison of Aspen Group's Gross Margin %

For the Education & Training Services subindustry, Aspen Group's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Aspen Group's Gross Margin % Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Aspen Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Aspen Group's Gross Margin % falls into.



Aspen Group Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Aspen Group's Gross Margin for the fiscal year that ended in Apr. 2022 is calculated as

Gross Margin % (A: Apr. 2022 )=Gross Profit (A: Apr. 2022 ) / Revenue (A: Apr. 2022 )
=41.4 / 76.694
=(Revenue - Cost of Goods Sold) / Revenue
=(76.694 - 35.259) / 76.694
=54.03 %

Aspen Group's Gross Margin for the quarter that ended in Jan. 2023 is calculated as


Gross Margin % (Q: Jan. 2023 )=Gross Profit (Q: Jan. 2023 ) / Revenue (Q: Jan. 2023 )
=10.2 / 15.574
=(Revenue - Cost of Goods Sold) / Revenue
=(15.574 - 5.394) / 15.574
=65.37 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Aspen Group  (OTCPK:ASPU) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Aspen Group had a gross margin of 65.37% for the quarter that ended in Jan. 2023 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Aspen Group Gross Margin % Related Terms

Thank you for viewing the detailed overview of Aspen Group's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Aspen Group (Aspen Group) Business Description

Traded in Other Exchanges
N/A
Address
276 Fifth Avenue, Suite 505, New York, NY, USA, 10001
Aspen Group Inc is an education technology holding company that leverages its infrastructure and expertise to allow its two universities, Aspen University and United States University, to deliver on the vision of making college affordable again. Its only segment is the educational delivery operation using a core infrastructure that serves the curriculum and educational delivery needs of its online and campus students regardless of geography.
Executives
Michael L Koehneman director 276 FIFTH AVENUE, SUITE 505, NEW YORK NY 10001
Douglas Kass director C/O EMPIRE RESOURCES, INC., ONE PARKER PLAZA, FORT LEE NJ 07024
Matthew Lavay officer: Chief Financial Officer C/O ELLIE MAE, INC., 4420 ROSEWOOD DRIVE, 5TH FL, PLEASANTON CA 94588
Cheri St. Arnauld officer: Chief Academic Officer 720 SOUTH COLORADO BOULEVARD, SUITE 1150N, DENVER CO 80246
Michael Mathews director, officer: Chief Executive Officer 257 PARK AVENUE SOUTH, SUITE 602, NEW YORK NY 10010
Robert Alessi officer: Chief Accounting Officer 276 FIFTH AVENUE, SUITE 505, NEW YORK NY 10001
Joan Marie Prince director 276 FIFTH AVENUE, SUITE 505, NEW YORK NY 10001
Gerard Wendolowski officer: Chief Operating Officer 720 SOUTH COLORADO BOULEVARD, SUITE 1150N, DENVER CO 80246
C James Jensen director C/O ASPEN GROUP, INC., 276 FIFTH AVENUE, SUITE 505, NEW YORK NY 10001
Frank J Cotroneo director 4400 MAIN ST, KANSAS CITY MO 64111
Anne M Mcnamara officer: Chief Nursing Officer 276 FIFTH AVENUE, SUITE 505, NEW YORK NY 10001
Sanford Rich director 26 BEACH DRIVE, DARIEN CT 06820
Maclean Malcolm F Iv director C/O ASPEN GROUP, INC., 1660 SOUTH ALBION STREET, SUITE 525, DENVER CO 80222
Joseph L. Sevely officer: Chief Financial Officer 276 FIFTH AVENUE, SUITE 306, NEW YORK NY 10001
Janet Gill officer: Executive Vice President 720 SOUTH COLORADO BOULEVARD, SUITE 1150N, DENVER CO 80246