Great Elm Group Reports Fiscal 2025 First Quarter Financial Results
Great Elm Group, Inc. (GEG)
Company Research
Source: GlobeNewswire
PALM BEACH GARDENS, Fla., Nov. 11, 2024 (GLOBE NEWSWIRE) -- Great Elm Group, Inc. (“we,” “our,” “GEG,” “Great Elm,” or “the Company”), (NASDAQ: GEG), an alternative asset manager, today announced financial results for its fiscal first quarter ended September 30, 2024. Fiscal First Quarter 2025 and Recent Highlights GEG’s fee-paying assets under management (“FPAUM”) and assets under management (“AUM”) totaled approximately $559 million and $782 million, respectively. FPAUM and AUM growth of 24% and 22%, respectively, compared to the prior year period. GEG’s Pro forma FPAUM¹ and AUM¹ totaled approximately $545 million and $741 million, respectively. Pro forma FPAUM¹ and AUM¹ growth of 21% and 16%, respectively, compared to the prior year period. Total revenue for the first quarter grew 21% to $4.0 million, compared to $3.3 million for the prior-year period. Growth in revenue was primarily driven by the Monomoy BTS property sale and increased Great Elm Capital Corp. (“GECC”) manageme
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News
- Great Elm Group First Quarter 2025 Earnings: EPS: US$0.091 (vs US$0.093 in 1Q 2024) [Yahoo! Finance]Yahoo! Finance
- Great Elm Group Reports Fiscal 2025 First Quarter Financial Results [Yahoo! Finance]Yahoo! Finance
- Great Elm Capital announces conditional redemption of 6.75% notes due 2025 [Seeking Alpha]Seeking Alpha
- Great Elm Group (NASDAQ:GEG) shareholders have endured a 51% loss from investing in the stock five years ago [Yahoo! Finance]Yahoo! Finance
- Great Elm Group, Inc. (GEG) Q4 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
GEG
Sec Filings
- 11/12/24 - Form 10-Q
- 11/12/24 - Form 8-K
- 10/29/24 - Form SC
- GEG's page on the SEC website