Great Elm Q4 revenue triples to $8.9M; net loss narrows to $0.6M; AUM up 6%

Great Elm Group, Inc.

2024-FY EPS reported -$0.05 revenue$17,834,000

Q4 revenue $8.9M vs $3.0M a year ago; full-year revenue $17.8M (up 106%).
Q4 net loss from continuing ops ($0.6M) vs ($5.3M); full-year net loss ($0.9M) vs income of $14.5M.
Adjusted EBITDA Q4 $1.2M (vs $0.4M); full-year $4.8M (vs $1.0M).
Fee-paying AUM and AUM each rose 6% in Q4; pro forma AUM $749M (up 17% YoY).
GECC raised $34M debt/equity since April; GEG repurchased 1.2M shares for $2.1M.

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