Great Elm Group, Inc. ( (GEG) ) has released its Q3 earnings. Here is a breakdown of the information Great Elm Group, Inc. presented to its investors.
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Great Elm Group, Inc. is a publicly-traded alternative asset manager that focuses on building a diversified portfolio across credit, real estate, specialty finance, and other alternative strategies.
In its fiscal third quarter of 2025, Great Elm Group reported a 15% increase in total revenue, reaching $3.2 million, driven by growth in real estate project management fees and rental income. The company also completed the acquisition of Greenfield CRE, forming Monomoy Construction Services to enhance its real estate platform.
Key financial metrics for the quarter include a net loss from continuing operations of $4.5 million, primarily due to unrealized losses on certain investments, and adjusted EBITDA of $0.5 million. The company also repurchased approximately 4.8 million shares for $8.7 million, and its assets under management grew by 12% year-over-year.
Looking ahead, Great Elm Group remains committed to expanding its core businesses and exploring investment opportunities to enhance shareholder value, with a focus on integrating its recent acquisition and leveraging its increased assets under management.
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