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Great Elm Group (GEG)
NASDAQ:GEG
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Great Elm Group
(NASDAQ:GEG)
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Select Model
Rating:54Neutral
Price Target:
$2.50
▲(1.21% Upside)
Great Elm Group's overall stock score reflects strong technical momentum and positive corporate governance actions. However, financial challenges, particularly in profitability and valuation, weigh heavily on the score. The earnings call provided a balanced view of growth initiatives and financial hurdles.
Positive Factors
Revenue Growth
Strong revenue growth indicates successful expansion and increased market penetration, supporting long-term business sustainability.
Strategic Partnerships
Strategic partnerships enhance capital access and investment opportunities, bolstering growth and competitive positioning.
Asset Management Growth
Growth in assets under management reflects effective fund management and increased investor trust, driving future revenue potential.
Negative Factors
Profitability Challenges
Ongoing profitability issues, including net losses, may hinder reinvestment capabilities and long-term financial health.
Cash Flow Issues
Negative cash flow growth can limit operational flexibility and investment in growth initiatives, impacting future performance.
Operational Inefficiencies
Operational inefficiencies, as indicated by negative margins, may reduce competitiveness and profitability over time.
Great Elm Group (GEG) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$79.93M
Dividend YieldN/A
Average Volume (3M)86.93K
Price to Earnings (P/E)―
Beta (1Y)<0.01
Revenue Growth24.82%
EPS GrowthN/A
CountryUS
Employees31
SectorFinancial
Sector Strength70
IndustryMedical - Distribution
Share Statistics
EPS (TTM)-0.24
Shares Outstanding33,029,370
10 Day Avg. Volume54,651
30 Day Avg. Volume86,928
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)0.81
Price to Sales (P/S)3.51
P/FCF Ratio-6.35
Enterprise Value/Market Cap0.52
Enterprise Value/Revenue1.80
Enterprise Value/Gross Profit-25.94
Enterprise Value/Ebitda4.04
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusHold
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Great Elm Group Business Overview & Revenue Model
Company DescriptionGreat Elm Group, Inc. engages in the durable medical equipment and investment management businesses. The company distributes respiratory care equipment, including positive air pressure equipment and supplies, ventilators and oxygen equipment, and replacement parts, as well as provides sleep study services; and rents medical equipment. It also offers investment management services. The company was formerly known as Great Elm Capital Group, Inc. and changed its name to Great Elm Group, Inc. in December 2020. Great Elm Group, Inc. was founded in 1994 and is headquartered in Waltham, Massachusetts.
How the Company Makes MoneyGreat Elm Group generates revenue primarily through management fees and performance fees from its investment funds. The company manages a portfolio of investments across different asset classes, earning management fees based on the assets under management (AUM). Additionally, GEG collects performance fees when the funds achieve certain return benchmarks, aligning its interests with those of its investors. Significant partnerships with institutional investors, family offices, and strategic alliances with other investment firms enhance GEG's capital-raising efforts and provide access to a broader range of investment opportunities, further contributing to its earnings.
Great Elm Group Key Performance Indicators (KPIs)
Any
Revenue By Segment
Shows how revenue is distributed across different business segments, highlighting which areas are driving growth and which may need strategic adjustments.
Shows how revenue is distributed across different business segments, highlighting which areas are driving growth and which may need strategic adjustments.
Data provided by:
The Fly
The FlyGreat Elm Group Earnings Call Summary
Earnings Call Date:Nov 12, 2025
(Q1-2026)
| % Change Since: |
Next Earnings Date:Feb 17, 2026
Earnings Call Sentiment Neutral
The earnings call highlighted significant capital raising and strategic partnerships, as well as growth in assets under management and success in private credit strategy. However, these positives were offset by a net loss for the quarter, adjusted EBITDA loss, and the impact of First Brands' bankruptcy. The sentiment reflects a balanced view of both positive growth initiatives and financial challenges.Q1-2026 Updates
Positive Updates
Record Capital Raising
Great Elm Group raised nearly $250 million in debt and equity capital across its credit and real estate platforms.
Growth in Fee-Paying Assets Under Management
Fee-paying assets under management grew 9% year-over-year to approximately $594 million, or 10% on a pro forma basis to approximately $601 million.
Successful Strategic Partnerships
The partnership with Kennedy Lewis Investment Management involved a $150 million investment in Monomoy REIT and significant contributions to Great Elm Group's growth.
Strong Performance in Real Estate Ventures
Monomoy BTS sold a property for over $7 million, generating a gain of over $0.5 million, and Monomoy Construction Services contributed approximately $700,000 in revenue.
Private Credit Strategy Success
Great Elm's private credit strategy returned 15.2% net calendar year-to-date through September 30.
Negative Updates
Net Loss for the Quarter
GEG reported a net loss of $7.9 million for the quarter, primarily due to unrealized losses on investments in GECC common stock and CoreWeave-related investment.
Adjusted EBITDA Loss
Adjusted EBITDA for the quarter was a loss of $0.5 million compared to a gain of $1.3 million in the prior year period.
Impact of First Brands Bankruptcy
GECC's operating results were negatively impacted by First Brands' bankruptcy, affecting NAV and placing First Brands investments on nonaccrual.
Company Guidance
During the Great Elm Group's Fiscal 2026 First Quarter Conference Call, substantial progress was reported in strategic initiatives, notably in expanding the platform, growing assets under management (AUM), and enhancing profitability. The company raised nearly $250 million in debt and equity capital, which contributed to a 9% year-over-year growth in fee-paying AUM, reaching approximately $594 million, or 10% on a pro forma basis to about $601 million. Additionally, the company reported fiscal first-quarter revenue of $10.8 million, a significant increase from the previous year's $4 million, primarily attributed to a $7.4 million gain from a property sale. However, a net loss of $7.9 million was reported compared to a net income of $3 million a year ago, largely due to unrealized losses on investments. The company's balance sheet remains robust with $53.5 million in cash, enabling flexibility for growth initiatives. The call outlined future strategic actions focused on further scaling credit and real estate platforms and increasing fee-paying AUM.Great Elm Group Financial Statement Overview
Summary
Great Elm Group shows strong revenue growth but struggles with profitability and cash flow. The balance sheet is stable with moderate leverage, but operational inefficiencies and cash flow challenges pose risks.Income Statement
Great Elm Group shows a mixed performance in its income statement. The company has experienced significant revenue growth of 41.65% in the TTM period, indicating strong top-line expansion. However, profitability metrics such as EBIT and EBITDA margins are negative, reflecting operational inefficiencies. The net profit margin is positive at 79%, but this is due to non-operational factors, as EBIT is negative.45
Neutral
Balance Sheet
The balance sheet of Great Elm Group presents a moderate risk profile. The debt-to-equity ratio stands at 0.89, indicating a balanced leverage position. Return on equity is positive at 20.32%, suggesting effective use of equity capital. However, the equity ratio is not explicitly provided, which limits a full assessment of asset financing.55
Neutral
Cash Flow
Cash flow analysis reveals challenges for Great Elm Group. The free cash flow growth rate is negative at -128.53%, indicating cash flow issues. The operating cash flow to net income ratio is negative, suggesting that net income is not translating into cash flow. The free cash flow to net income ratio is 1.0, showing that all net income is being converted into free cash flow, but the overall cash flow position remains weak.40
Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 23.11M | 16.32M | 17.83M | 8.66M | 4.52M | 60.85M |
| Gross Profit | -1.60M | -108.00K | 977.00K | -1.53M | -2.10M | 33.53M |
| EBITDA | 10.30M | 21.04M | 4.60M | 21.91M | -8.22M | 655.00K |
| Net Income | 3.22M | 12.89M | -1.39M | 27.73M | -14.89M | -7.28M |
Balance Sheet | ||||||
| Total Assets | 155.01M | 153.94M | 140.45M | 135.89M | 168.09M | 161.87M |
| Cash, Cash Equivalents and Short-Term Investments | 125.82M | 109.45M | 116.50M | 117.37M | 72.12M | 74.92M |
| Total Debt | 62.60M | 62.59M | 61.18M | 63.44M | 70.80M | 40.89M |
| Total Liabilities | 71.87M | 73.27M | 70.25M | 72.05M | 125.83M | 106.44M |
| Stockholders Equity | 73.78M | 70.32M | 62.71M | 63.84M | 33.50M | 43.24M |
Cash Flow | ||||||
| Free Cash Flow | 2.13M | -9.01M | -15.55M | -2.43M | 28.45M | -25.95M |
| Operating Cash Flow | 2.13M | -9.01M | -15.55M | -2.37M | 29.28M | -18.98M |
| Investing Cash Flow | 5.63M | -1.34M | 2.27M | 83.96M | -40.02M | -15.48M |
| Financing Cash Flow | 3.05M | -8.77M | 2.84M | -47.62M | 9.95M | 18.34M |
Great Elm Group Technical Analysis
Neutral
2.47
Price Trends
2.52
Negative
2.51
Negative
2.26
Positive
Market Momentum
-0.02
Positive
44.20
Neutral
34.02
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GEG, the sentiment is Neutral. The current price of 2.47 is below the 20-day moving average (MA) of 2.58, below the 50-day MA of 2.52, and above the 200-day MA of 2.26, indicating a neutral trend. The MACD of -0.02 indicates Positive momentum. The RSI at 44.20 is Neutral, neither overbought nor oversold. The STOCH value of 34.02 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for GEG.
Great Elm Group Risk Analysis
Great Elm Group disclosed 23 risk factors in its most recent earnings report. Great Elm Group reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Great Elm Group Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
55 Neutral | $21.96M | -3.61 | -6.45% | ― | -22.37% | 63.14% | |
54 Neutral | $79.93M | -268.48 | 4.68% | ― | 24.82% | ― | |
47 Neutral | $20.59M | 6.51 | ― | ― | ― | ― | |
42 Neutral | $219.66M | -0.15 | -184.47% | ― | -37.09% | -2639.44% | |
38 Underperform | $8.93M | -0.08 | ― | ― | -44.13% | -1719.49% |
* Financial Sector Average
GEG
Great Elm Group
2.47
0.66
36.46%
RDGT
Ridgetech
3.55
1.65
86.84%
OMI
Owens & Minor
2.68
-10.29
-79.34%
ZYXI
Zynex
0.19
-8.13
-97.72%
SNYR
Synergy CHC
1.90
-2.59
-57.68%
WGRX
Wellgistics Health Inc
0.47
-2.56
-84.49%
Great Elm Group Corporate Events
Executive/Board ChangesShareholder Meetings
Great Elm Group Holds Annual Stockholders Meeting
Positive
Dec 5, 2025
On December 5, 2025, Great Elm Group, Inc. held its annual meeting of stockholders where several key decisions were made. The stockholders approved the 2025 Long-Term Incentive Compensation Plan, elected members to the Board of Directors, ratified Deloitte & Touche LLP as the independent accounting firm for the fiscal year ending June 30, 2026, and approved executive compensation on a non-binding advisory basis. These decisions are expected to impact the company’s governance and financial oversight positively.
Executive/Board ChangesShareholder Meetings
Great Elm Group Announces Retirement of James H. Hugar
Neutral
Oct 17, 2025
On October 13, 2025, James H. Hugar announced his retirement from Great Elm Group and will not seek re-election at the 2025 annual stockholders meeting. His departure is amicable and not due to any disagreements, and his expertise has been pivotal in the company’s transition.
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.