---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-018353"
form_type: "8-K"
ticker: "GEG"
cik: "0001831096"
company_name: "Great Elm Group, Inc."
filed_at: "2022-09-12T23:59:59+00:00"
generated_at: "2026-06-23T11:21:06.464048+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Great Elm Group reports FY2022 revenue up 12% to $68M; net loss widens to $15M; AUM doubles to $607M

## Summary
- Revenue $68.0M (+12% YoY); net loss $(15.0)M vs $(8.5)M; Adj EBITDA $9.3M vs $8.6M.
- Acquired Monomoy REIT management agreement in May 2022; AUM grew from $294.7M to $607.0M.
- DME revenue $63.5M (+10%); DME Adj EBITDA $13.8M (+11%) despite $2.3M less stimulus.
- IM revenue $4.5M (+41%) but Adj EBITDA turned negative $(0.4)M; mark-to-market losses on GECC.
- Issued $26.9M of 7.25% Notes due 2027; cash $23M; insider ownership ~40%; NOLs $821M.

## SEC filing metadata
- accession: 0000950170-22-018353
- form_type: 8-K
- ticker: GEG
- cik: 0001831096
- company_name: Great Elm Group, Inc.
- filed_at: 2022-09-12T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1831096/000095017022018353/0000950170-22-018353-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1831096/000095017022018353/geg-20220912.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-018353
- JSON: https://secwatch.observer/filing/0000950170-22-018353.json
- Plain text: https://secwatch.observer/filing/0000950170-22-018353.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.