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Aspen University's peak revenue was $76.7M in 2022. The peak quarterly revenue was $19.4M in 2022(q1).
Aspen University's revenue increased from $4.0m in 2014 to $76.7M currently. That's a 1,826.16% change in annual revenue.
| Fiscal year / year | Aspen University revenue |
|---|---|
| 2014 | $4.0M |
| 2015 | $5.2M |
| 2016 | $8.5M |
| 2017 | $14.2M |
| 2018 | $22.0M |
| 2019 | $34.0M |
| 2020 | $49.1M |
| 2021 | $67.8M |
| 2022 | $76.7M |
Rate Aspen University's financial transparency
Aspen University saw the greatest revenue growth in 2017, when revenue increased by 68.53%.
Aspen University had the lowest revenue growth in 2022, when revenue changed by 13.1%.
| Year | Aspen University growth |
|---|---|
| 2015 | 31%↑ |
| 2016 | 62%↑ |
| 2017 | 69%↑ |
| 2018 | 55%↑ |
| 2019 | 55%↑ |
| 2020 | 44%↑ |
| 2021 | 38%↑ |
| 2022 | 13%↑ |
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2014 | $901,199 | $914,132 | $1.0M | $1.2M |
| 2015 | $1.2M | $1.2M | $1.3M | $1.6M |
| 2016 | $1.7M | $1.9M | $2.2M | $2.7M |
| 2017 | $2.8M | $3.5M | $3.7M | $4.3M |
| 2018 | $4.2M | $4.9M | $5.7M | $7.2M |
| 2019 | $7.2M | $8.1M | $8.5M | $10.2M |
| 2020 | $10.4M | $12.1M | $12.5M | $14.1M |
| 2021 | $15.2M | $17.0M | $16.6M | $19.1M |
| 2022 | $19.4M | $18.9M | $18.9M | $19.4M |
| 2023 | $18.9M | $17.1M | $15.6M | - |
Do you work at Aspen University?
Is Aspen University transparent about its revenue structure?
| CEO | Michael D. Mathews |
| Industry | Diversified Consumer Services |
| Company Type | Education |
| Employees Number | 317 |
| Date Founded | 1987 |
| Headquarters | Denver, Colorado |
| Number of Locations | 2 |
| Revenue | $76.7M |
| Net Income | -$9,585,781 |
| Gross Proft | $41.4M (2022) |
| EBITDA | ($5.1M) (2022) |
| Tax Rate | -0.0% |
| Total Assets | $91,066,051 |
| Ticker | ASPU |
Aspen University received early financing of $7.5M on 2017-04-20.
| Series | Round size | Date |
|---|---|---|
| Series Unknown | $7.5M | 04/2017 |
| Debt Financing | $10M | 07/2017 |
| Investors | Security type |
|---|---|
| Runway Growth Credit Fund Inc | Debt Financing |
Aspen University's top competitor, Western Governors University, earned an annual revenue of $344.6M.
Aspen University's smallest competitor is American Sentinel University with revenue of $980.0K last year.
| Company name | Average salary | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Excelsior College | $57,849 | $101.4M | 1,040 | 33 |
| Post University, Inc. | $48,614 | $47.3M | 200 | 54 |
| Rhode Island College | $45,153 | $79.5M | 1,475 | 71 |
| Emmanuel College | $41,676 | $95.2M | 1,100 | 1 |
| University of Massachusetts Boston | $61,234 | $59.0M | 3,647 | 144 |
| Western Governors University | $55,773 | $344.6M | 7,125 | 86 |
| American Sentinel University | $43,169 | $980,000 | 5 | - |
| Colorado Christian University | $48,252 | $90.9M | 500 | 58 |
| Regis University | $47,089 | $180.0M | 1,226 | 2 |
| University of Colorado Denver | $45,126 | $6.9M | 100 | - |
Zippia gives an in-depth look into the details of Aspen University, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Aspen University. The employee data is based on information from people who have self-reported their past or current employments at Aspen University. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Aspen University. The data presented on this page does not represent the view of Aspen University and its employees or that of Zippia.
Aspen University may also be known as or be related to Aspen University Inc, Aspen University Inc. and Aspen University.