tiprankstipranks
Trending News
More News >

Great Elm Group Reports Revenue Growth Amid Net Loss

Great Elm Group Reports Revenue Growth Amid Net Loss

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.

Confident Investing Starts Here:

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.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1