Aspen Group reported unaudited consolidated earnings results for the six months ended December 31, 2011. For the half year, the company reported total revenue and other income of AUD 38.24 million compared to revenue and other income of AUD 38.11 million last year. Profit before tax was AUD 6.78 million compared to AUD 5.19 million last year. Profit attributable to security holders of Aspen Group was AUD 11.61 million or AUD 1.984 per basic and diluted share compared to AUD 7.73 million or AUD 1.378 per basic and diluted share last year. Net cash generated from operating activities was AUD 13.12 million compared to AUD 10.28 million last year. Acquisition of property, plant and equipment was AUD 0.38 million compared to AUD 0.099 million last year. Net tangible assets per security were 0.68 cents compared to 0.68 cents per share last year. Net tangible assets per security excluding non-dilutive LTI instruments were 0.68 cents per share compared to 0.68 cents per share last year. Underlying net profit before tax was AUD 16.6 million compared to AUD 15.6 million last year. Profit after tax from operating earnings was AUD 18.6 million compared to AUD 16.4 million last year. Operating earnings per share was 3.16 cents compared to 2.93 cents per share last year. The company announced on track to meet fiscal 2012 operating profit before tax to AUD 35.75 million, representing a post tax 6.43 cents per security.