Aspen Group, Inc. · OTC:ASPU
Aspen — Drexel Hamilton Conference 2016
13 slides from Aspen's conference presentation, May 12, 2016
Slide 1: Drexel Hamilton Conference, May 12, 2016
Drexel Hamilton ConferenceMay 12, 2016 OTCQB: ASPUwww.aspen.edu ASPEN GROUP, INC.
Slide 2: Safe Harbor Statement
SAFE HARBOR STATEMENT 1 Certain statements in this presentation and responses to various questions include forward-looking statements including statements regarding our opportunities and expectations from the nursing education sector, future liquidity, and our strategic plans and financial forecasts
Slide 3: Aspen University Disrupting the Online For-Profit Education Sector
ASPEN UNIVERSITY DISRUPTING THE ONLINE FOR-PROFIT EDUCATION SECTOR 2 Debtless Education Solution:Monthly Payment Plans Targeting the High-GrowthNursing Sector Ability to Deliver Sub-$1,000 Enrollments at Scale Aspen Among the Fasting GrowingUniversities in U.S.
Slide 4: First University Ever to Vertically Integrate Marketing
ASPEN FIRST UNIVERSITY EVER TO VERTICALLY INTEGRATE MARKETING 3 Best-in-class customer acquisitionManagement’s expertise in Internet advertising and lead generation allowed Aspen to bring all marketing in-houseDo not utilize third-party lead gen firmsAll Aspen branded adsDirect publisher relationshi
Slide 5: Aspen University's Debtless Education Solution
ASPEN UNIVERSITY’S DEBTLESSEDUCATION SOLUTION 4 Aspen University offers world class online education at half the cost of its competitors; committed to cash-based, pay-as-you-go educationAnnounced the ‘debtless’ education vision in March, 2014 “Let’s Change Higher Education Forever” Students can pay
Slide 6: Debtless Education Solution Now the Majority Payment Type
DEBTLESS EDUCATION SOLUTION NOW THE MAJORITY PAYMENT TYPE 5 Recurring Monthly Tuition Billing Now Exceeds $400,000Over 1,850 degree-seeking students enrolled in a monthly payment methodTotal value of monthly payment plan contracts exceeds $11 million Tuition Revenues by Payment Type (FY Ending 4/30/
Slide 7: The Nursing Dilemma
THE NURSING DILEMNA 6 Critical Nursing shortage projected next decade (260,000 RN shortage by 2025)More than 1 million RNs will reach retirement age within next 10-15 years (average age of RNs is 47 years old); 525,000 replacement Nurses expected, bringing the job openings growth to 1.05mm by 2022Nu
Slide 8: Aspen's Nursing Program Now Student Body Majority, Led by BSN
ASPEN’S NURSING PROGRAM NOWSTUDENT BODY MAJORITY, LED BY BSN 7 Aspen’s CCNE-Accredited Master of Science in Nursing (MSN) program has grown to over 1,400 students since marketing began in 2012RN to BSN program was accredited by CCNE in November, 2014; over 1,200 BSN students todayBSN program pacing
Slide 9: Aspen Capturing >2% of BSN Completion Starts
ASPEN CAPTURING >2% OF BSN COMPLETION STARTS WSJ Article, March 6, 2016 Approximately 140K students currently enrolled in BSN Completion program; or approx. 50,000 new enrolls/year
Slide 10: Unit Economics Among Best in Sector
UNIT ECONOMICS AMONG BEST IN SECTOR 9 Low customer acquisition costs and variable teaching costs create highly attractive unit economics – projecting 68%+ Adjusted Gross Margins at scaleAverage course completions per student enrollment is 7.5 = $6,500* revenue (average $800 tuition/course today and
Slide 11: Fiscal Q3'16 Highlights
FISCAL Q3’16 HIGHIGHTS 10 Quarterly revenues increased 68% y/o/y to $2.16mmNursing School revenues rose 246% y/o/y (represented 87% of total revenues)New student enrollments increased 75% y/o/yStudent Body increased 47% y/o/y; Nursing School accounted for 83% of the student body growthAdjusted Gross
Slide 12: Equity Snapshot
EQUITY SNAPSHOT 11 As of 5/9/16 Ticker on OTCQB: ASPU Share Price: $0.16 52 Week Range: $0.09 - $0.27 Market Cap: $20.5 Million Shares Outstanding : 128.3 Million Mgmt & BOD Ownership: 19%
Slide 13: Questions & Answers
QUESTIONS & ANSWERS ASPEN GROUP, INC.