Announcement • May 06
Great Elm Group, Inc. to Report Q3, 2026 Results on May 06, 2026 Great Elm Group, Inc. announced that they will report Q3, 2026 results After-Market on May 06, 2026 Announcement • Feb 03
Great Elm Group, Inc. to Report Q2, 2026 Results on Feb 04, 2026 Great Elm Group, Inc. announced that they will report Q2, 2026 results After-Market on Feb 04, 2026 Announcement • Dec 06
Great Elm Group, Inc. Approves the Appointment of Eric J. Scheyer as Director Great Elm Group, Inc. at its annual meeting of stockholders held on December 5, 2025, approved the appointment of Eric J. Scheyer as director. Announcement • Nov 11
Great Elm Group, Inc. to Report Q1, 2026 Results on Nov 12, 2025 Great Elm Group, Inc. announced that they will report Q1, 2026 results After-Market on Nov 12, 2025 Announcement • Oct 21
Great Elm Group, Inc., Annual General Meeting, Dec 05, 2025 Great Elm Group, Inc., Annual General Meeting, Dec 05, 2025. Announcement • Oct 19
Great Elm Group, Inc. Announces Retirement of James H. Hugar as A Director Great Elm Group, Inc. announced that on October 13, 2025, James H. Hugar notified the company of his decision to retire and not to stand for re-election at the Company’s 2025 annual meeting of stockholders (the “2025 Annual Meeting”). Mr. Hugar will continue to serve as a director until the date of the 2025 Annual Meeting. Mr. Hugar’s decision is not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies or procedures. Announcement • May 03
Great Elm Group, Inc. to Report Q3, 2025 Results on May 07, 2025 Great Elm Group, Inc. announced that they will report Q3, 2025 results After-Market on May 07, 2025 Announcement • Feb 07
Great Elm Group, Inc. Announces Quarterly Base Distribution for the First Quarter of 2025 Great Elm Group, Inc. announced a 5.7% increase on its quarterly base distribution to $0.37 per share for the first quarter of 2025 (compared to the prior $0.35 per share). Reported Earnings • Nov 13
First quarter 2025 earnings released: EPS: US$0.091 (vs US$0.093 in 1Q 2024) First quarter 2025 results: EPS: US$0.091 (down from US$0.093 in 1Q 2024). Revenue: US$3.99m (up 21% from 1Q 2024). Net income: US$2.64m (down 4.3% from 1Q 2024). Profit margin: 66% (down from 83% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Announcement • Oct 21
Great Elm Group, Inc., Annual General Meeting, Dec 04, 2024 Great Elm Group, Inc., Annual General Meeting, Dec 04, 2024. Reported Earnings • Aug 30
Full year 2024 earnings released: US$0.047 loss per share (vs US$0.56 profit in FY 2023) Full year 2024 results: US$0.047 loss per share (down from US$0.56 profit in FY 2023). Revenue: US$17.8m (up 106% from FY 2023). Net loss: US$1.40m (down 109% from profit in FY 2023). Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Reported Earnings • May 09
Third quarter 2024 earnings released: US$0.10 loss per share (vs US$0.016 loss in 3Q 2023) Third quarter 2024 results: US$0.10 loss per share (further deteriorated from US$0.016 loss in 3Q 2023). Revenue: US$2.79m (up 47% from 3Q 2023). Net loss: US$3.10m (loss widened US$2.65m from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 14
Second quarter 2024 earnings released: US$0.012 loss per share (vs US$1.03 profit in 2Q 2023) Second quarter 2024 results: US$0.012 loss per share (down from US$1.03 profit in 2Q 2023). Revenue: US$2.82m (up 50% from 2Q 2023). Net loss: US$350.0k (down 101% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Announcement • Feb 10
Great Elm Group, Inc. to Report Q2, 2024 Results on Feb 13, 2024 Great Elm Group, Inc. announced that they will report Q2, 2024 results After-Market on Feb 13, 2024 New Risk • Nov 14
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.7% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (2.7% increase in shares outstanding). Market cap is less than US$100m (€54.0m market cap, or US$58.7m). Announcement • Nov 11
Great Elm Group, Inc. (NasdaqGS:GEG) announces an Equity Buyback for $10 million worth of its shares. Great Elm Group, Inc. (NasdaqGS:GEG) announces a share repurchase program. Under the program, the company will repurchase up to $10 million worth of its shares. Reported Earnings • Nov 10
First quarter 2024 earnings released: EPS: US$0.093 (vs US$0.28 loss in 1Q 2023) First quarter 2024 results: EPS: US$0.093 (up from US$0.28 loss in 1Q 2023). Revenue: US$3.31m (up 78% from 1Q 2023). Net income: US$2.76m (up US$10.7m from 1Q 2023). Profit margin: 83% (up from net loss in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Announcement • Nov 08
Great Elm Group, Inc. to Report Q1, 2024 Results on Nov 08, 2023 Great Elm Group, Inc. announced that they will report Q1, 2024 results After-Market on Nov 08, 2023 New Risk • Oct 29
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.8% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (3.8% increase in shares outstanding). Market cap is less than US$100m (€55.8m market cap, or US$58.9m). Announcement • Oct 28
Great Elm Group, Inc., Annual General Meeting, Dec 13, 2023 Great Elm Group, Inc., Annual General Meeting, Dec 13, 2023, at 08:30 Eastern Standard Time. Agenda: To consider election of each of Matthew A. Drapkin, James H. Hugar, David Matter, James P. Parmelee, Jason W. Reese and Eric J. Scheyer to serve as members of the Board of Directors of the Corporation until the earlier of their death, resignation, removal or election of their successor; to consider ratification of the selection of Grant Thornton LLP to serve as the Corporation's independent registered public accounting firm for the fiscal year ending June 30, 2024; to consider approval, on an advisory basis, of the compensation of the Corporation's named executive officers; and to consider other business issues. Reported Earnings • Sep 21
Full year 2023 earnings released: EPS: US$0.56 (vs US$0.75 loss in FY 2022) Full year 2023 results: EPS: US$0.56 (up from US$0.75 loss in FY 2022). Net income: US$16.0m (up US$36.0m from FY 2022). Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Sep 19
Great Elm Group, Inc. to Report Q4, 2023 Results on Sep 20, 2023 Great Elm Group, Inc. announced that they will report Q4, 2023 results After-Market on Sep 20, 2023 New Risk • Sep 12
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.0% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (4.0% increase in shares outstanding). Market cap is less than US$100m (€57.8m market cap, or US$62.0m). Valuation Update With 7 Day Price Move • May 23
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €1.98, the stock trades at a trailing P/E ratio of 3.1x. Average trailing P/E is 21x in the Healthcare industry in Germany. Total returns to shareholders of 13% over the past three years. Reported Earnings • May 07
Third quarter 2023 earnings released: US$0.016 loss per share (vs US$0.22 loss in 3Q 2022) Third quarter 2023 results: US$0.016 loss per share (improved from US$0.22 loss in 3Q 2022). Revenue: US$1.90m (down 89% from 3Q 2022). Net loss: US$455.0k (loss narrowed 92% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Announcement • May 06
Great Elm Group, Inc. Announces CEO Changes Great Elm Group, Inc. On May 4, 2023, Peter A. Reed resigned as Chief Executive Officer of the Company. Mr. Reed will continue to be available for consultation through May 5, 2024. On May 4, 2023, the Company appointed Jason W. Reese, age 57, as the Company’s Chairman and Chief Executive Officer, effective immediately following Mr. Reed’s resignation. Mr. Reese has been the Executive Chairman of the Company’s Board of Directors (the “Board”) since February 2020. Mr. Reese is the Co-Founder, Chairman and Chief Executive Officer of Imperial Capital Asset Management, LLC (“ICAM”) and the Co-Founder of Imperial Capital, LLC (“Imperial Capital”), both founded in 1997. ICAM is a registered investment advisor which has managed various hedge funds, investment partnerships, a private REIT and a private equity fund. Imperial Capital is a registered broker-dealer and an affiliate of ICAM. Prior to ICAM and Imperial Capital, Mr. Reese was a principal with Gordon Investment Corporation, a merchant banking firm in New York and Dallas, where he focused on investing in distressed real estate transactions, high yield securities and leveraged buyouts. Prior to his time with Gordon, Mr. Reese worked in the Corporate Finance Group at PaineWebber in New York. Mr. Reese is currently on the board of directors of City Ventures, LLC, a California-based private home builder. Mr. Reese graduated with honors from Yale University with a B.S. in Electrical Engineering. Reported Earnings • Feb 15
Second quarter 2023 earnings released: EPS: US$1.03 (vs US$0.16 loss in 2Q 2022) Second quarter 2023 results: EPS: US$1.03 (up from US$0.16 loss in 2Q 2022). Revenue: US$1.88m (down 89% from 2Q 2022). Net income: US$29.7m (up US$33.9m from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Announcement • Feb 01
Great Elm Group, Inc. to Report Q2, 2023 Results on Feb 02, 2023 Great Elm Group, Inc. announced that they will report Q2, 2023 results After-Market on Feb 02, 2023 Announcement • Jan 05
J.P. Morgan Broker-Dealer Holdings Inc. acquired 61% stake in Great Elm DME, Inc. from Great Elm Group, Inc. (NasdaqGS:GEG) for approximately $18 million. J.P. Morgan Broker-Dealer Holdings Inc. acquired 61% stake in Great Elm DME, Inc. from Great Elm Group, Inc. (NasdaqGS:GEG) for approximately $18 million on December 30, 2022. After the transaction GEG remaining 19% ownership interest in Forest. Alain Dermarkar and Ryan Bray of Shearman & Sterling LLP acted as legal advisor to Great Elm Group, Inc. (NasdaqGS:GEG).
J.P. Morgan Broker-Dealer Holdings Inc. completed the acquisition of 61% stake in Great Elm DME, Inc. from Great Elm Group, Inc. (NasdaqGS:GEG) on December 30, 2022. Announcement • Nov 22
Great Elm Group, Inc. Announces Directorate Resignations Great Elm Group, Inc. announced that Jeff Serota and Tom Harbin have departed the Company's Board of Directors following the conclusion of the 2022 Annual Stockholders' Meeting. Mr. Serota and Mr. Harbin had previously decided not to stand for reelection at this year's meeting. Reported Earnings • Nov 18
First quarter 2023 earnings released: US$0.29 loss per share (vs US$0.008 loss in 1Q 2022) First quarter 2023 results: US$0.29 loss per share (further deteriorated from US$0.008 loss in 1Q 2022). Revenue: US$18.6m (up 12% from 1Q 2022). Net loss: US$8.29m (loss widened US$8.09m from 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 14% per year whereas the company’s share price has fallen by 11% per year. Announcement • Nov 11
Great Elm Group, Inc. to Report Q1, 2023 Results on Nov 14, 2022 Great Elm Group, Inc. announced that they will report Q1, 2023 results at 4:00 PM, US Eastern Standard Time on Nov 14, 2022 Announcement • Oct 12
Great Elm Group, Inc., Annual General Meeting, Nov 21, 2022 Great Elm Group, Inc., Annual General Meeting, Nov 21, 2022, at 08:30 US Eastern Standard Time. Agenda: To consider the election of each of matthew a. drapkin, james h. hugar, david matter, james p. parmelee, jason w. reese and eric j. scheyer to serve as members of the board of directors of the corporation until the earlier of their death, resignation, removal or election of their successor; to consider the approval of an increase of the number of shares of common stock, par value $0.001 per share, authorized for issuance under the amended and restated 2016 long-term incentive compensation plan by 2,900,000; and to consider other matters. Reported Earnings • Sep 13
Full year 2022 earnings released: US$0.56 loss per share (vs US$0.34 loss in FY 2021) Full year 2022 results: US$0.56 loss per share (further deteriorated from US$0.34 loss in FY 2021). Revenue: US$68.0m (up 12% from FY 2021). Net loss: US$14.9m (loss widened 72% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 14% per year, which means it is performing significantly worse than earnings. Announcement • Sep 08
Great Elm Group, Inc. to Report Q4, 2022 Results on Sep 12, 2022 Great Elm Group, Inc. announced that they will report Q4, 2022 results After-Market on Sep 12, 2022 Announcement • Sep 07
Great Elm Group Appoints Nichole Milz as Chief Operating Officer Great Elm Group, Inc. announced Nichole Milz has joined the Company as Chief Operating Officer, responsible for managing the operations of the Company and its portfolio companies. Mrs. Milz’ responsibilities include developing and overseeing an institutional quality operations department at Great Elm to support the growth of its investment management business. Mrs. Milz joins Great Elm Group with over 20 years of experience in the asset management industry. Most recently, Mrs. Milz spent 16 years at Magnetar Capital where she worked in various senior operations, finance and strategy roles. At Magnetar, she served as Deputy Chief Operating Officer and ESG Officer of the Energy and Infrastructure Group as well as a member of the Energy & Infrastructure management committee. Mrs. Milz also served as Treasurer of Star Peak Energy Transition Corp. and Star Peak Corp. II, two alternative energy-focused Special Purpose Acquisition Corporations. Prior to Magnetar, Mrs. Milz spent four years at Citadel as Head of Capital Structure Analysis, a team supporting the Global Credit group in financial modeling and fundamental credit analysis. She began her career in Assurance & Advisory Business Services at Ernst & Young. Mrs. Milz received a Master of Professional Accountancy and Bachelor of Business Administration with honors from the McCombs School of Business at The University of Texas at Austin in 1997. Announcement • Jun 26
Great Elm Group, Inc.(NasdaqGS:GEG) dropped from Russell Microcap Value Index Great Elm Group, Inc.(NasdaqGS:GEG) dropped from Russell Microcap Value Index Recent Insider Transactions • Jun 14
Director recently bought €71k worth of stock On the 13th of June, David Matter bought around 31k shares on-market at roughly €2.29 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €125k more in shares than they have sold in the last 12 months. Announcement • May 26
Great Elm Group, Inc. Announces Board Changes Great Elm Group, Inc. announced that Peter Reed has stepped down from the Company’s Board of Directors and that the Board has appointed David Matter as a Director. Most recently, Mr. Matter was a Managing Director at BlackRock where he served as the Co-Chief Investment Officer of BlackRock Alternative Advisors (BAA), BlackRock’s Hedge Fund Solutions team. He chaired the BAA Investment Committee and was also a member of the BAA Management Committee and the Co-Investment Portfolio Management Group. Mr. Matter started his career as a financial analyst with American Funds-Capital Group and Bankers Trust before joining Quellos Group in 1998. At Quellos he was a Principal and member of the Investment Committee responsible for management of Absolute Return Strategy portfolios and Investment Research. The alternative investment management business of Quellos was subsequently acquired by BlackRock in 2007 where Mr. Matter stayed on. Mr. Matter earned a BA with a concentration in international relations from the University of Pennsylvania, an MBA with honors and an MA in international studies, both from the University of Washington, and holds the Chartered Financial Analyst (“CFA”) designation from the CFA Institute. Reported Earnings • May 06
Third quarter 2022 earnings released: US$0.22 loss per share (vs US$0.11 loss in 3Q 2021) Third quarter 2022 results: US$0.22 loss per share (down from US$0.11 loss in 3Q 2021). Revenue: US$16.6m (up 9.9% from 3Q 2021). Net loss: US$5.91m (loss widened 114% from 3Q 2021). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 11
Second quarter 2022 earnings: EPS in line with expectations, revenues disappoint Second quarter 2022 results: US$0.16 loss per share (down from US$0.014 loss in 2Q 2021). Revenue: US$16.7m (up 1.0% from 2Q 2021). Net loss: US$4.24m (loss widened US$3.89m from 2Q 2021). Revenue missed analyst estimates by 2.0%. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Announcement • Feb 10
Great Elm Group, Inc. to Report Q2, 2022 Results on Feb 11, 2022 Great Elm Group, Inc. announced that they will report Q2, 2022 results Pre-Market on Feb 11, 2022 Reported Earnings • Nov 13
First quarter 2022 earnings released: US$0.008 loss per share (vs US$0.15 loss in 1Q 2021) The company reported a decent first quarter result with reduced losses and improved control over expenses, although revenues were flat. First quarter 2022 results: Revenue: US$16.5m (flat on 1Q 2021). Net loss: US$200.0k (loss narrowed 95% from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Reported Earnings • May 15
Third quarter 2021 earnings released: US$0.11 loss per share (vs US$0.46 loss in 3Q 2020) The company reported a decent third quarter result with reduced losses and improved control over expenses, although revenues were weaker. Third quarter 2021 results: Revenue: US$15.1m (down 6.9% from 3Q 2020). Net loss: US$2.76m (loss narrowed 76% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Feb 19
New 90-day high: €2.75 The company is up 27% from its price of €2.16 on 20 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Healthcare industry, which is down 9.0% over the same period. Reported Earnings • Feb 18
Second quarter 2021 earnings released: US$0.014 loss per share (vs US$0.072 loss in 2Q 2020) The company reported a solid second quarter result with reduced losses and improved control over expenses, although revenues were flat. Second quarter 2021 results: Revenue: US$16.6m (flat on 2Q 2020). Net loss: US$349.0k (loss narrowed 81% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Announcement • Feb 12
Great Elm Group, Inc. to Report Q2, 2021 Results on Feb 16, 2021 Great Elm Group, Inc. announced that they will report Q2, 2021 results Pre-Market on Feb 16, 2021 Is New 90 Day High Low • Jan 30
New 90-day high: €2.34 The company is up 34% from its price of €1.75 on 30 October 2020. The German market is up 18% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Healthcare industry, which is up 7.0% over the same period. Is New 90 Day High Low • Jan 13
New 90-day high: €2.29 The company is up 23% from its price of €1.86 on 15 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Healthcare industry, which is down 1.0% over the same period. Announcement • Dec 31
Great Elm Group, Inc. announced that it has received $37.7 million in funding from J.P. Morgan Broker-Dealer Holdings Inc. On December 30, 2020, Great Elm Group, Inc. (NasdaqGS:GEG) closed the transaction. The company amended the terms of the transaction. The company now issued 35,010 shares to the investor for gross proceeds of $37,700,000 in the transaction. 