secwatch.observer — SEC 8-K summary
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Issuer:     Great Elm Group, Inc. (GEG)
CIK:        0001831096
Form:       8-K
Filed at:   2024-08-29T23:59:59+00:00
Accession:  0000950170-24-101832
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1831096/000095017024101832/0000950170-24-101832-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1831096/000095017024101832/geg-20240829.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-101832

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