Great Elm Group, Inc., an asset management company, focuses on the credit, real estate, specialty finance, and other alternative strategies businesses. It also engages in business development and investment management activities. The company was formerly known as Great Elm Capital Group, Inc. and changed its name to Great Elm Group, Inc. in December 2020. Great Elm Group, Inc. was incorporated in 1994 and is headquartered in Palm Beach Gardens, Florida.
Great Elm Group Reports Fiscal 2026 Fourth Quarter and Full Year Financial Results
Great Elm Group reported fiscal 2026 net loss of approximately $35 million, driven primarily by unrealized losses in GECC, despite a 70% year-over-year revenue increase to $27.8 million.
The fourth quarter saw total revenue rise 88% to $10.6 million, while fee-paying AUM grew 7% to $590 million and total AUM reached $771 million.
The company repurchased roughly 1% of shares outstanding in the quarter and maintains a strong balance sheet with over $53 million in cash and equivalents.