Great Elm Group, Inc. ( (GEG) ) has released its Q2 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. The company manages various investment vehicles, including Great Elm Capital Corp. and Monomoy Properties REIT.
In its fiscal second quarter of 2025, Great Elm Group reported significant financial improvements and strategic expansions. The company noted a 24% increase in total revenue to $3.5 million, driven by growth in fee-paying assets under management and management fees. Notably, the acquisition of Greenfield CRE was a highlight, leading to the formation of Monomoy Construction Services, LLC, enhancing their construction management capabilities.
Key financial metrics from the report include a net income from continuing operations of $1.4 million, contrasting with a net loss in the prior-year period. Adjusted EBITDA also saw a rise to $1.0 million. The company’s assets under management grew by 14% compared to the previous year, reaching $751 million. Additionally, Great Elm has been actively repurchasing shares, reflecting a strategic effort to enhance shareholder value.
Looking ahead, Great Elm Group remains focused on growth through strategic acquisitions and expanding its core businesses in credit and real estate. The company aims to leverage its strong balance sheet and continue attracting capital to scale its investment management platform, positioning itself positively for future developments.
