Ann: Aspen Group 2024 AGM Addresses, page-2

  1. 4,867 Posts.
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    Interesting to see how bullish they are about their outlook.
    It looks quite clear that they do not need to do another M&A (after the failed acquisition of Eureka) to get a significant level of growth.

    One of the potential risk going forward is that they are increasing the share of their profit coming from development : it used to be about 20 % of their earnings (excluding property revaluation).
    It increased to 34 % during H1 25 and the company indicates that going forward it will be more than 20 % of their earnings.
 
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