Great Elm Capital Past Earnings Performance
Past criteria checks 2/6
Great Elm Capital has been growing earnings at an average annual rate of 20.7%, while the Capital Markets industry saw earnings growing at 9.7% annually. Revenues have been growing at an average rate of 3.2% per year. Great Elm Capital's return on equity is 25.7%, and it has net margins of 70.7%.
Key information
20.7%
Earnings growth rate
31.2%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | 3.2% |
| Return on equity | 25.7% |
| Net Margin | 70.7% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Great Elm Capital goes ex-dividend tomorrow
Sep 13Great Elm Capital NII of $0.23 beats by $0.02, Total investment income of $5.51M misses by $0.35M
Aug 04Great Elm Capital announces debt raise
Jun 16Great Elm Capital signs up to $25M in revolving credit facility
May 06Great Elm Capital: Repositioning Into Specialty Finance Business
Dec 31Great Elm Capital EPS beats by $0.05, beats on revenue
Nov 09Great Elm Capital goes ex-dividend tomorrow
Oct 28Revenue & Expenses BreakdownBeta
How Great Elm Capital makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 36 | 25 | 11 | 0 |
| 30 Sep 23 | 34 | 14 | 11 | 0 |
| 30 Jun 23 | 31 | 7 | 10 | 0 |
| 31 Mar 23 | 27 | -2 | 9 | 0 |
| 31 Dec 22 | 24 | -16 | 3 | 0 |
| 30 Sep 22 | 23 | -30 | -3 | 0 |
| 30 Jun 22 | 25 | -35 | -2 | 0 |
| 31 Mar 22 | 26 | -28 | -2 | 0 |
| 31 Dec 21 | 25 | -10 | 2 | 0 |
| 30 Sep 21 | 25 | 2 | 8 | 0 |
| 30 Jun 21 | 23 | 13 | 7 | 0 |
| 31 Mar 21 | 22 | 14 | 7 | 0 |
| 31 Dec 20 | 23 | -32 | 7 | 0 |
| 30 Sep 20 | 24 | -24 | 7 | 0 |
| 30 Jun 20 | 25 | -41 | 7 | 0 |
| 31 Mar 20 | 27 | -49 | 8 | 0 |
| 31 Dec 19 | 27 | -8 | 8 | 0 |
| 30 Sep 19 | 27 | -18 | 9 | 0 |
| 30 Jun 19 | 26 | -4 | 6 | 0 |
| 31 Mar 19 | 27 | 3 | 6 | 0 |
| 31 Dec 18 | 28 | -9 | 7 | 0 |
| 30 Sep 18 | 31 | 9 | 7 | 0 |
| 30 Jun 18 | 31 | -5 | 10 | 0 |
| 31 Mar 18 | 30 | -10 | 10 | 0 |
| 31 Dec 17 | 30 | -3 | 10 | 0 |
| 31 Dec 16 | 9 | -27 | 3 | 0 |
| 30 Jun 16 | 16 | -10 | 6 | 0 |
| 31 Mar 16 | 18 | -10 | 5 | 0 |
| 31 Dec 15 | 18 | -7 | 5 | 0 |
| 30 Sep 15 | 18 | -10 | 5 | 0 |
| 30 Jun 15 | 18 | -5 | 5 | 0 |
| 31 Mar 15 | 17 | -12 | 5 | 0 |
| 31 Dec 14 | 16 | -10 | 5 | 0 |
| 30 Sep 14 | 15 | -5 | 5 | 0 |
| 30 Jun 14 | 14 | -8 | 5 | 0 |
| 31 Mar 14 | 14 | 2 | 5 | 0 |
| 31 Dec 13 | 13 | 0 | 5 | 0 |
| 30 Sep 13 | 12 | 1 | 5 | 0 |
| 30 Jun 13 | 12 | 4 | 5 | 0 |
Quality Earnings: GECC has a large one-off gain of $12.8M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: GECC became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: GECC has become profitable over the past 5 years, growing earnings by 20.7% per year.
Accelerating Growth: GECC has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: GECC has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (2.9%).
Return on Equity
High ROE: Whilst GECC's Return on Equity (25.66%) is high, this metric is skewed due to their high level of debt.