Aspen Group (APZ) — Free Cash Flow Generation Index
Aspen Group (APZ) has a Free Cash Flow Generation Index of 0.98x as of December 2025. Free cash flow of AU$20.29 Million represents 1% of operating cash flow (AU$20.74 Million). Read APZ current and long-term liabilities for a breakdown of total debt and financial obligations.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Aspen Group Free Cash Flow Generation Index (1992–2025)
Historical FCF Generation Index trend for Aspen Group across 22 annual periods. Explore how much does Aspen Group reinvest in capital to see what proportion of operating cash flow is directed to capital expenditures.
Annual Free Cash Flow Generation for Aspen Group (1992–2025)
Year-by-year Free Cash Flow Generation Index for Aspen Group. For the full company profile including market capitalisation, see APZ stock market capitalisation.
| Year | FCG Index | Free Cash Flow (AUD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 1.00x | AU$22.90 Million | AU$22.90 Million | AU$1.52 Million | ▲ +6.3% |
| 2024 | 0.94x | AU$29.12 Million | AU$30.95 Million | AU$1.83 Million | ▲ +683.4% |
| 2023 | -0.16x | AU$-2.27 Million | AU$14.06 Million | AU$2.27 Million | ▼ -116.5% |
| 2022 | 0.98x | AU$74.75 Million | AU$76.37 Million | AU$1.62 Million | ▲ +1267.9% |
| 2021 | -0.08x | AU$-1.07 Million | AU$12.74 Million | AU$1.07 Million | ▼ -108.4% |
| 2020 | 1.00x | AU$11.24 Million | AU$11.24 Million | AU$1.07 Million | ▲ +116.6% |
| 2019 | -6.03x | AU$-23.20 Million | AU$3.85 Million | AU$27.05 Million | ▼ -3.8% |
| 2018 | -5.81x | AU$-29.89 Million | AU$5.14 Million | AU$35.03 Million | ▼ -49.2% |
| 2017 | -3.89x | AU$-17.94 Million | AU$4.61 Million | AU$22.55 Million | ▲ +1.5% |
| 2016 | -3.95x | AU$-19.11 Million | AU$4.83 Million | AU$23.94 Million | ▲ +72.9% |
| 2015 | -14.58x | AU$-49.79 Million | AU$3.42 Million | AU$53.21 Million | ▼ -1558.0% |
| 2014 | 1.00x | AU$40.51 Million | AU$40.51 Million | AU$3.00K | ▲ +47.1% |
| 2011 | 0.68x | AU$25.05 Million | AU$36.85 Million | AU$11.80 Million | ▲ +39.9% |
| 2010 | 0.49x | AU$15.12 Million | AU$31.11 Million | AU$15.99 Million | ▲ +21.0% |
| 2009 | 0.40x | AU$6.03 Million | AU$15.01 Million | AU$8.98 Million | ▲ +11.4% |
| 2008 | 0.36x | AU$14.61 Million | AU$40.53 Million | AU$25.93 Million | ▼ -27.2% |
| 2007 | 0.50x | AU$11.64 Million | AU$23.52 Million | AU$11.88 Million | ▼ -50.1% |
| 2006 | 0.99x | AU$18.00 Million | AU$18.16 Million | AU$160.00K | ▲ +0.1% |
| 2005 | 0.99x | AU$8.16 Million | AU$8.24 Million | AU$77.00K | ▲ +107.8% |
| 2004 | -12.71x | AU$-52.44 Million | AU$4.13 Million | AU$56.57 Million | ▼ -1494.3% |
| 2003 | 0.91x | AU$72.00K | AU$79.00K | AU$7.00K | ▲ +8.7% |
| 1992 | 0.84x | AU$78.00K | AU$93.00K | AU$15.00K | — |