Great Elm Group Q1 revenue up 78% to $3.3M; net income $2.8M vs loss

Great Elm Group, Inc.

2024-Q1 EPS reported $0.08 revenue$3,310,000

Fee-paying AUM $451.4M (+5% YoY); total AUM $640.6M (+3% YoY).
Revenue $3.3M up from $1.9M; net income from cont. ops $2.8M vs ($9.5M) loss.
Adjusted EBITDA $1.7M vs $0.7M; collected $1.3M incentive fees from GECC.
Board authorized $10M stock repurchase program; cash & securities ~$76M.

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