---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-124520"
form_type: "8-K"
ticker: "GEG"
cik: "0001831096"
company_name: "Great Elm Group, Inc."
filed_at: "2024-11-12T23:59:59+00:00"
generated_at: "2026-05-30T02:10:43.531432+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Great Elm Group Q1 FPAUM up 24% to $559M, revenue $4.0M (+21% YoY), net income $3.0M

## Summary
- FPAUM grew 24% YoY to ~$559M; AUM grew 22% to ~$782M.
- Total revenue $4.0M (+21% YoY); net income from continuing operations $3.0M vs $2.8M.
- Adjusted EBITDA $1.3M vs $1.7M; reversal of $3.5M unrealized losses on SPVs.
- Board authorized additional $10M stock buyback (total $20M); 2.5M shares repurchased for $4.6M.
- GECC reported record total investment income $11.7M; Credit Income Fund returned >11% net since Nov 2023.

## SEC filing metadata
- accession: 0000950170-24-124520
- form_type: 8-K
- ticker: GEG
- cik: 0001831096
- company_name: Great Elm Group, Inc.
- filed_at: 2024-11-12T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1831096/000095017024124520/0000950170-24-124520-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1831096/000095017024124520/geg-20241111.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-124520
- JSON: https://secwatch.observer/filing/0000950170-24-124520.json
- Plain text: https://secwatch.observer/filing/0000950170-24-124520.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.