secwatch.observer — SEC 8-K summary
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Issuer:     Great Elm Group, Inc. (GEG)
CIK:        0001831096
Form:       8-K
Filed at:   2021-09-21T23:59:59+00:00
Accession:  0001564590-21-048351
Event type: earnings
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Great Elm Group reports Q4 revenue $16.3M, net loss $1.4M; DME revenue up 11% YoY
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- Consolidated revenue Q4 $16.3M (up 11% YoY); full-year $60.9M (up 3%).
- Net loss Q4 $1.4M vs income $4.1M a year ago; full-year loss $9.3M improved from $13.3M.
- DME segment Q4 revenue $15.4M; net income $5.9M boosted by $5.4M fair value adjustment on preferred stock.
- IM segment Q4 revenue $0.9M; launched GESOF SPAC fund with $10M seed from GEG.
- GECC raised $31.7M via rights offering and $57M senior notes; closed $25M revolver; $952M NOL carryforwards.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1831096/000156459021048351/0001564590-21-048351-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1831096/000156459021048351/geg-8k_20210920.htm
  HTML page:      https://secwatch.observer/filing/0001564590-21-048351

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