secwatch.observer — SEC 8-K summary
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Issuer:     Great Elm Group, Inc. (GEG)
CIK:        0001831096
Form:       8-K
Filed at:   2021-11-12T23:59:59+00:00
Accession:  0001564590-21-056424
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Great Elm Q1 revenue $16.5M, net income $0.1M vs year-ago loss; DME and IM improve
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- Consolidated revenue $16.5M (up 7% YoY); net income from continuing ops $0.1M vs loss $3.8M.
- DME revenue $15.6M (+6.5%), net income $2.1M (vs -$0.5M), Adj EBITDA $5.1M (vs $2.8M).
- IM revenue $1.0M; net loss $0.1M (vs -$1.5M), Adj EBITDA $0.1M.
- Acquired MedOne power mobility assets and GECC majority stake in Lenders Funding; invested in Sharp Alpha Fund I.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1831096/000156459021056424/0001564590-21-056424-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1831096/000156459021056424/geg-8k_20211112.htm
  HTML page:      https://secwatch.observer/filing/0001564590-21-056424

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