NASDAQ : GEG
Great Elm Group, Inc. — Financial statements
Financials · Asset Management · United States
Last price 2.16 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 67.16M
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Financial statements
Great Elm Group, Inc. (GEG) reported revenue of 27.78M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Revenue | 27.78M | 27.78M | 16.32M | 17.83M | 8.66M | 4.52M |
| Cost of Revenue | 32.83M | 32.83M | 16.56M | 16.86M | 10.20M | 6.62M |
| Gross Profit | -5.05M | -5.05M | -244.00K | 977.00K | -1.53M | -2.10M |
| Selling, General & Admin | 7.43M | 7.43M | 6.45M | 7.65M | 8.48M | 5.98M |
| Other Operating Expenses | 224.00K | 224.00K | 59.00K | 53.00K | 46.00K | 135.00K |
| Operating Expenses | 8.96M | 8.96M | 7.76M | 8.81M | 9.68M | 6.64M |
| Operating Income | -14.01M | -14.01M | -8.00M | -7.84M | -11.21M | -8.74M |
| Interest Expense | -4.11M | -4.11M | -4.16M | -4.33M | -6.07M | -5.55M |
| Interest & Investment Income | 5.74M | 5.74M | 7.62M | 8.89M | 6.21M | 3.16M |
| EBT Excluding Unusual Items | -12.38M | -12.38M | -4.54M | -3.29M | -11.08M | -11.13M |
| Gain (Loss) on Sale of Investments | -24.90M | -24.90M | 20.18M | 2.44M | 15.23M | -8.10M |
| Gain (Loss) on Sale of Assets | 10.52M | |||||
| Pretax Income | -37.28M | -37.28M | 15.64M | -841.00K | 14.68M | -19.22M |
| Income Tax Expense | -376.00K | -376.00K | 86.00K | 101.00K | 200.00K | 83.00K |
| Earnings From Continuing Operations | -36.91M | -36.91M | 15.55M | -942.00K | 14.48M | -19.30M |
| Earnings From Discontinued Operations | 16.00K | 11.70M | 5.10M | |||
| Net Income to Company | -36.91M | -36.91M | 15.55M | -926.00K | 26.18M | -14.21M |
| Minority Interest in Earnings | 1.46M | 1.46M | -2.66M | -462.00K | 1.55M | -684.00K |
| Net Income | -35.44M | -35.44M | 12.89M | -1.39M | 27.73M | -14.89M |
| Net Income to Common | -35.44M | -35.44M | 12.89M | -1.39M | 27.73M | -14.89M |
| Shares Outstanding (Basic) | 30.29M | 30.29M | 27.64M | 29.96M | 28.91M | 26.78M |
| Shares Outstanding (Diluted) | 30.29M | 30.29M | 38.82M | 29.96M | 40.98M | 26.78M |
| EPS (Basic) | -1.17 | -1.17 | 0.47 | -0.05 | 0.96 | -0.56 |
| EPS (Diluted) | -1.17 | -1.17 | 0.38 | -0.05 | 0.72 | -0.56 |
| Free Cash Flow | 15.68M | 15.68M | -9.01M | -15.55M | 64.32M | 38.00M |
| Free Cash Flow Per Share | 0.52 | 0.52 | -0.23 | -0.52 | 1.57 | 1.42 |
| Gross Margin | -18.20% | -18.20% | -1.49% | 5.48% | -17.70% | -46.50% |
| Operating Margin | -50.44% | -50.44% | -49.05% | -43.95% | -129.41% | -193.56% |
| Profit Margin | -127.61% | -127.61% | 79.01% | -7.78% | 320.10% | -329.78% |
| Free Cash Flow Margin | 56.43% | 56.43% | -55.20% | -87.22% | 742.42% | 841.50% |
| EBITDA | -12.71M | -12.71M | -6.75M | -6.73M | -10.06M | -8.22M |
| EBITDA Margin | -45.76% | -45.76% | -41.39% | -37.74% | -116.11% | -181.95% |
| D&A For EBITDA | 1.30M | 1.30M | 1.25M | 1.11M | 1.15M | 524.00K |
| EBIT | -14.01M | -14.01M | -8.00M | -7.84M | -11.21M | -8.74M |
| EBIT Margin | -50.44% | -50.44% | -49.05% | -43.95% | -129.41% | -193.56% |
| Effective Tax Rate | 0.55% | 1.36% |
Balance sheet
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 53.59M | 53.59M | 34.51M | 50.52M | 60.16M | 22.28M |
| Short-Term Investments | 37.96M | 37.96M | 74.94M | 65.98M | 57.21M | 49.84M |
| Cash & Short-Term Investments | 91.55M | 91.55M | 109.45M | 116.50M | 117.37M | 72.12M |
| Accounts Receivable | 1.87M | 1.87M | 4.49M | 1.68M | 2.17M | 1.24M |
| Other Receivables | 2.08M | 2.08M | 3.84M | 575.00K | 1.14M | 1.20M |
| Receivables | 3.95M | 3.95M | 16.33M | 2.26M | 3.31M | 2.44M |
| Prepaid Expenses | 1.67M | 1.67M | 2.80M | 1.22M | 717.00K | 1.41M |
| Restricted Cash | 1.57M | |||||
| Other Current Assets | 2.46M | 2.46M | 9.31M | 6.02M | 1.74M | 8.46M |
| Total Current Assets | 99.63M | 99.63M | 137.90M | 127.57M | 123.14M | 84.44M |
| Property, Plant & Equipment | 1.24M | 1.24M | 1.60M | 225.00K | 497.00K | 733.00K |
| Goodwill | 440.00K | 440.00K | 440.00K | |||
| Other Intangible Assets | 10.88M | 10.88M | 12.01M | 11.04M | 12.12M | 13.25M |
| Other Long-Term Assets | 1.49M | 1.49M | 1.99M | 1.61M | 143.00K | 69.66M |
| Total Assets | 113.68M | 113.68M | 153.94M | 140.45M | 135.89M | 168.09M |
| Accounts Payable | 1.22M | 1.22M | 1.03M | 317.00K | 191.00K | 8.00K |
| Accrued Expenses | 4.54M | 4.54M | 7.38M | 6.81M | 3.68M | 3.86M |
| Current Portion of Leases | 337.00K | 337.00K | 355.00K | 137.00K | 359.00K | 341.00K |
| Current Income Taxes Payable | 159.00K | |||||
| Other Current Liabilities | 1.64M | 1.64M | 854.00K | 1.10M | 2.98M | 15.49M |
| Total Current Liabilities | 7.73M | 7.73M | 9.61M | 8.36M | 7.38M | 19.69M |
| Long-Term Debt | 63.13M | 63.13M | 60.98M | 60.99M | 62.94M | 101.09M |
| Long-Term Leases | 923.00K | 923.00K | 1.26M | 57.00K | 142.00K | 472.00K |
| Other Long-Term Liabilities | 1.09M | 1.09M | 1.42M | 845.00K | 1.59M | 4.58M |
| Total Liabilities | 72.88M | 72.88M | 73.27M | 70.25M | 72.05M | 125.83M |
| Common Stock | 27.00K | 27.00K | 25.00K | 30.00K | 30.00K | 29.00K |
| Additional Paid-In Capital | 3.32B | 3.32B | 3.31B | 3.32B | 3.32B | 3.31B |
| Retained Earnings | -3.28B | -3.28B | -3.24B | -3.25B | -3.25B | -3.28B |
| Total Common Equity | 40.81M | 40.81M | 70.32M | 62.71M | 63.84M | 33.50M |
| Minority Interest | 10.35M | 7.48M | 8.76M | |||
| Shareholders' Equity | 40.81M | 40.81M | 80.67M | 70.19M | 63.84M | 42.25M |
| Total Liabilities & Equity | 113.68M | 113.68M | 153.94M | 140.45M | 135.89M | 168.09M |
| Total Debt | 64.39M | 64.39M | 62.59M | 61.18M | 63.44M | 101.90M |
| Net Cash (Debt) | 27.15M | 27.15M | 46.86M | 55.32M | 53.93M | -29.78M |
| Net Cash Per Share | 0.90 | 0.90 | 1.21 | 1.85 | 1.32 | -1.11 |
| Filing Date Shares Outstanding | 31.09M | 31.09M | 26.55M | 30.49M | 29.55M | 28.51M |
| Total Common Shares Outstanding | 29.78M | 29.78M | 26.55M | 30.49M | 29.55M | 28.51M |
| Working Capital | 91.91M | 91.91M | 128.28M | 119.21M | 115.76M | 64.75M |
| Book Value Per Share | 1.37 | 1.37 | 2.65 | 2.06 | 2.16 | 1.17 |
| Tangible Book Value | 29.49M | 29.49M | 57.87M | 51.68M | 51.73M | 20.25M |
| Tangible Book Value Per Share | 0.99 | 0.99 | 2.18 | 1.69 | 1.75 | 0.71 |
Cash flow statement
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | -35.44M | -35.44M | 12.89M | -1.39M | 27.73M | -14.89M |
| Depreciation & Amortization | 1.30M | 1.30M | 1.25M | 1.11M | 1.15M | 524.00K |
| Loss (Gain) From Sale of Assets | 12.82M | 12.82M | -109.00K | -1.06M | -10.52M | |
| Loss (Gain) From Sale of Investments | 24.90M | 24.90M | -20.18M | -2.39M | -15.23M | 8.10M |
| Loss (Gain) on Equity Investments | -350.00K | |||||
| Stock-Based Compensation | 2.28M | 2.28M | 1.95M | 2.36M | 2.62M | 2.80M |
| Other Operating Activities | 7.93M | 7.93M | 6.87M | -2.96M | -7.38M | 33.03M |
| Change in Accounts Receivable | 4.38M | 4.38M | -6.07M | 1.05M | -1.16M | -876.00K |
| Change in Accounts Payable | -2.00M | -2.00M | 1.19M | 1.73M | 1.09M | 305.00K |
| Change in Other Net Operating Assets | -493.00K | -493.00K | -6.80M | -14.01M | -670.00K | 643.00K |
| Operating Cash Flow | 15.68M | 15.68M | -9.01M | -15.55M | 64.32M | 38.83M |
| Capital Expenditures | -827.00K | |||||
| Cash Acquisitions | -2.50M | |||||
| Divestitures | 17.73M | |||||
| Investment in Securities | 4.65M | 4.65M | 9.54M | 3.23M | -949.00K | -32.47M |
| Other Investing Activities | 7.92M | 7.92M | -8.38M | -965.00K | 67.18M | -6.75M |
| Investing Cash Flow | 12.57M | 12.57M | -1.34M | 2.27M | 83.96M | -40.05M |
| Long-Term Debt Issued | 26.95M | |||||
| Total Debt Issued | 26.95M | |||||
| Short-Term Debt Repaid | -11.38M | |||||
| Long-Term Debt Repaid | -1.76M | -2.08M | -41.77M | |||
| Total Debt Repaid | -1.76M | -2.08M | -41.77M | -11.38M | ||
| Net Debt Issued (Repaid) | -1.76M | -2.08M | -41.77M | 15.57M | ||
| Issuance of Common Stock | 11.86M | 11.86M | ||||
| Repurchase of Common Stock | -6.80M | -6.80M | -7.24M | -2.10M | ||
| Other Financing Activities | -10.43M | -10.43M | 223.00K | 7.02M | -5.86M | -5.59M |
| Financing Cash Flow | -5.37M | -5.37M | -8.77M | 2.84M | -47.62M | 9.98M |
| Miscellaneous Cash Flow Adjustments | -62.77M | -5.23M | ||||
| Net Cash Flow | 22.87M | 22.87M | -19.11M | -10.45M | 37.88M | 3.54M |
| Free Cash Flow | 15.68M | 15.68M | -9.01M | -15.55M | 64.32M | 38.00M |
| Free Cash Flow Margin | 56.43% | 56.43% | -55.20% | -87.22% | 742.42% | 841.50% |
| Free Cash Flow Per Share | 0.52 | 0.52 | -0.23 | -0.52 | 1.57 | 1.42 |
| Levered Free Cash Flow | 10.75M | 10.75M | -20.74M | -7.48M | -12.49M | -14.48M |
| Unlevered Free Cash Flow | 13.32M | 13.32M | -18.14M | -4.77M | -8.69M | -11.02M |
| Cash Interest Paid | 1.95M | 1.95M | 1.95M | 1.95M | 3.83M | 3.51M |
| Cash Income Tax Paid | 11.00K | 11.00K | 139.00K | 192.00K | ||
| Change in Working Capital | 1.88M | 1.88M | -11.68M | -11.23M | -740.00K | 72.00K |
Ratios
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 66.85M | 68.36M | 54.97M | 54.30M | 59.75M | 62.00M |
| Enterprise Value | 39.70M | 47.91M | 32.87M | 5.07M | 3.03M | 97.68M |
| Last Close Price | 2.15 | 2.18 | 2.07 | 1.80 | 2.05 | 2.15 |
| PE Ratio | 4.26 | 2.15 | ||||
| PS Ratio | 2.41 | 2.46 | 3.37 | 3.04 | 6.90 | 13.73 |
| PB Ratio | 1.57 | 1.68 | 0.68 | 0.77 | 0.94 | 1.47 |
| P/TBV Ratio | 2.27 | 2.32 | 0.95 | 1.05 | 1.16 | 3.06 |
| P/FCF Ratio | 4.27 | 4.36 | 0.93 | 1.63 | ||
| P/OCF Ratio | 4.27 | 4.36 | 0.93 | 1.60 | ||
| EV/Sales Ratio | 1.43 | 1.73 | 2.02 | 0.28 | 0.35 | 21.63 |
| EV/FCF Ratio | 2.53 | 3.06 | 0.05 | 2.57 | ||
| Debt / Equity Ratio | 1.58 | 1.58 | 0.78 | 0.87 | 0.99 | 2.41 |
| Debt / FCF Ratio | 4.11 | 4.11 | 0.99 | 2.68 | ||
| Net Debt / Equity Ratio | -0.67 | -0.67 | -0.58 | -0.79 | -0.84 | 0.70 |
| Net Debt / EBITDA Ratio | 2.14 | 2.14 | 6.94 | 8.22 | 5.36 | -3.62 |
| Net Debt / FCF Ratio | -1.73 | -1.73 | 5.20 | 3.56 | -0.84 | 0.78 |
| Asset Turnover | 0.21 | 0.21 | 0.11 | 0.13 | 0.06 | 0.03 |
| Quick Ratio | 12.36 | 12.36 | 12.25 | 14.21 | 16.36 | 3.79 |
| Current Ratio | 12.89 | 12.89 | 14.34 | 15.26 | 16.69 | 4.29 |
| Return on Equity (ROE) | -60.77% | -60.77% | 20.61% | -1.41% | 27.29% | -39.53% |
| Return on Assets (ROA) | -6.54% | -6.54% | -3.40% | -3.55% | -4.61% | -3.31% |
| Return on Invested Capital (ROIC) | -84.79% | -59.04% | -32.70% | -63.25% | -26.99% | -13.56% |
| Return on Capital Employed (ROCE) | -13.20% | -13.20% | -5.50% | -5.90% | -8.70% | -5.90% |
| Earnings Yield | -54.43% | -51.85% | 23.45% | -2.56% | 46.41% | -24.02% |
| FCF Yield | 23.45% | 22.93% | -16.38% | -28.65% | 107.64% | 61.30% |
| Buyback Yield / Dilution | 21.97% | 21.97% | -29.55% | 26.89% | -53.00% | -4.13% |