secwatch.observer — SEC 8-K summary
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Issuer:     Great Elm Group, Inc. (GEG)
CIK:        0001831096
Form:       8-K
Filed at:   2026-08-26T20:30:16+00:00
Accession:  0001193125-26-368715
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Great Elm reports fiscal 2026 net loss of $35.4M; Q4 revenue up 88%
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- Fiscal 2026 net loss of $35.4M vs net income of $12.9M prior year; revenue up 70% to $27.8M.
- Q4 revenue $10.6M (+88% YoY); Q4 net income $1.1M vs $13.6M prior year.
- FPAUM $590M (+7%), AUM $771M (+2%); raised ~$393M gross capital in fiscal 2026.
- GECC-related unrealized losses of $19.1M (stock + SPVs) drove the annual loss; CoreWeave investment returned $8.6M cumulative distributions.
- Repurchased 8.1M shares at avg $2.00 ($16.1M); ~$23.9M capacity remains; cash $53.5M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1831096/000119312526368715/0001193125-26-368715-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1831096/000119312526368715/geg-20260826.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-368715

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