secwatch.observer — SEC 8-K summary
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Issuer:     Great Elm Group, Inc. (GEG)
CIK:        0001831096
Form:       8-K
Filed at:   2023-11-08T23:59:59+00:00
Accession:  0000950170-23-061234
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1831096/000095017023061234/0000950170-23-061234-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1831096/000095017023061234/geg-20231108.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-061234

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer