Aspen Group Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was ILS 55.33 million compared to ILS 51.71 million a year ago. Revenue was ILS 66.62 million compared to ILS 59.6 million a year ago. Net loss was ILS 36.87 million compared to net income of ILS 6.13 million a year ago. Basic loss per share from continuing operations was ILS 0.59 compared to basic earnings per share from continuing operations of ILS 0.1 a year ago. Diluted loss per share from continuing operations was ILS 0.59 compared to diluted earnings per share from continuing operations of ILS 0.1 a year ago.
For the six months, sales was ILS 111.17 million compared to ILS 94.87 million a year ago. Revenue was ILS 131.13 million compared to ILS 166.27 million a year ago. Net loss was ILS 50.69 million compared to net income of ILS 12.61 million a year ago. Basic loss per share from continuing operations was ILS 0.81 compared to basic earnings per share from continuing operations of ILS 0.2 a year ago. Diluted loss per share from continuing operations was ILS 0.81 compared to diluted earnings per share from continuing operations of ILS 0.2 a year ago.