External broker reports(aggregated public sources), Morrison Securities

Morrison Securities

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External broker reports(aggregated public sources)

Equity Bottom-Up

<ul><li>Aspen Group (ASX:APZ) is well-positioned to capitalise on Australia's growing, undersupplied affordable housing market.</li><li>In FY24, the company saw strong performance, with net rental income up 29% and underlying operating earnings rising 21%.</li><li>Aspen targets the 40% of Australian households earning under $90,000 annually—many facing housing stress. </li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Aspen Group (ASX:APZ) is well-positioned to capitalise on Australia's growing, undersupplied affordable housing market.In FY24, the company saw strong performance, with net rental income up 29% and underlying operating earnings rising 21%.Aspen targets the 40% of Australian households earning under $90,000 annually—many facing housing stress. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Aspen Group: Strength in Affordable Housing