{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-014661","form_type":"8-K","ticker":"GEG","cik":"0001831096","company_name":"Great Elm Group, Inc.","filed_at":"2024-02-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.812029+00:00","generated_at":"2026-06-06T03:38:54.893599+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Great Elm Group Q2 revenue up 50% to $2.8M; net loss of $0.2M; AUM grows to $655M","bullets":["Revenue $2.8M (+50% YoY); net loss from continuing ops ($0.2M) vs prior-year net income of $29.7M which included large investment gains.","Adjusted EBITDA $0.6M vs $0.1M prior-year; fee-paying AUM $461M (+5% YoY); total AUM $655M (+6% YoY).","GECC raised $24M equity via SPV supported by $6M GEG investment; GEG seeded new credit fund GECIF with $6M.","Board authorized $10M stock repurchase program; modest share repurchases to date.","Collected $0.7M incentive fees from GECC for third consecutive quarter."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-014661","json":"https://secwatch.observer/filing/0000950170-24-014661.json","markdown":"https://secwatch.observer/filing/0000950170-24-014661.md","text":"https://secwatch.observer/filing/0000950170-24-014661.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1831096/000095017024014661/0000950170-24-014661-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1831096/000095017024014661/geg-20240213.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T03:38:54.893599+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"c29c2a8bceeddbf5c28e4bb473a761936085d384","claim":"Great Elm Group, Inc. reported fiscal second quarter ended December 31, 2023 results: net income 0.6 million.","evidence_excerpt":"GEG reported total revenue of $2.8 million, a 50% increase from $1.9 million in the prior-year three-month period. GEG recorded a net loss from continuing operations of ($0.2) million, compared to net income from continuing operations of $29.7 million in the prior-year three-month period.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1831096/000095017024014661/0000950170-24-014661-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal second quarter ended December 31, 2023"},{"label":"Net income","value":"0.6 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"c29c2a8bceeddbf5c28e4bb473a761936085d384","claim":"Great Elm Group, Inc. reported fiscal second quarter ended December 31, 2023 results: net income 0.6 million.","evidence_excerpt":"Total revenue for the second quarter grew 50% to $2.8 million, compared to $1.9 million for the prior-year period.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1831096/000095017024014661/0000950170-24-014661-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal second quarter ended December 31, 2023"},{"label":"Net income","value":"0.6 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"c29c2a8bceeddbf5c28e4bb473a761936085d384","claim":"Great Elm Group, Inc. reported fiscal second quarter ended December 31, 2023 results: net income 0.6 million.","evidence_excerpt":"Net loss from continuing operations attributable to GEG was ($0.2) million for the second quarter, compared to net income from continuing operations of $29.7 million in the prior-year period.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1831096/000095017024014661/0000950170-24-014661-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal second quarter ended December 31, 2023"},{"label":"Net income","value":"0.6 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"c29c2a8bceeddbf5c28e4bb473a761936085d384","claim":"Great Elm Group, Inc. reported fiscal second quarter ended December 31, 2023 results: net income 0.6 million.","evidence_excerpt":"Adjusted EBITDA for the second quarter was $0.6 million, compared to $0.1 million for the prior-year period.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1831096/000095017024014661/0000950170-24-014661-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal second quarter ended December 31, 2023"},{"label":"Net income","value":"0.6 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}