Great Elm Group, Inc. most recently reported annual revenue of $28.0M, a net loss of $35.0M. Revenue declined at an average annual rate of 14.4% over the last 5 fiscal years. See the full income statement, balance sheet, and cash flow statement below, plus valuation and return ratios.
Great Elm Group, Inc.: Revenue rose from $5.0M in 2017 to $28.0M in 2026, a change of +460.0% over 9 years; net profit was positive in 2 of 10 reported years; operating margin moved from -93.5% to -50.4%, a shift of +43.0 percentage points; the most recent year shows a net loss of $35.0M.
Income Statement — 10 Years (USD millions)
Metric
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
Revenue
$5.0M
$6.0M
$51.0M
$59.0M
$61.0M
$5.0M
$9.0M
$18.0M
$16.0M
$28.0M
Operating Expenses
$10.0M
$16.0M
$55.0M
$61.0M
$65.0M
$13.0M
$20.0M
$26.0M
$24.0M
$42.0M
Operating Profit
$-5.0M
$-10.0M
$-4.0M
$-2.0M
$-4.0M
$-9.0M
$-11.0M
$-8.0M
$-8.0M
$-14.0M
Operating Margin
-93.5%
-176.4%
-8.4%
-3.7%
-6.1%
-193.6%
-129.4%
-44.0%
-49.0%
-50.4%
Other Income
$-14.0M
$-1.0M
$-5.0M
$-11.0M
$-3.0M
$-10.0M
$26.0M
$7.0M
$24.0M
$-23.0M
Interest
$6.0M
$1.0M
$6.0M
$5.0M
$5.0M
$6.0M
$6.0M
$4.0M
$4.0M
$4.0M
Depreciation
$0
$1.0M
$9.0M
$11.0M
$9.0M
$1.0M
$1.0M
$1.0M
$1.0M
$1.0M
Profit Before Tax
$-19.0M
$-12.0M
$-9.0M
$-13.0M
$-7.0M
$-19.0M
$15.0M
$-1.0M
$16.0M
$-37.0M
Tax
$6.5M
$2.8M
$24.1M
$-330,000
$-24.5M
$-430,000
$1.4M
$-12.0M
$550,000
$1.0M
Net Profit
$-15.0M
$-11.0M
$-7.0M
$-13.0M
$-7.0M
$-15.0M
$28.0M
$-1.0M
$13.0M
$-35.0M
EPS
$-0.93
$-0.46
$-0.26
$-0.51
$-0.29
$-0.56
$0.40
$-0.05
$0.33
$-1.17
Dividend Payout
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Quarterly Results — Last 12 Quarters (USD millions)
8 duplicate period labels in the source data were collapsed.
Metric
Sep '23
Dec '23
Mar '24
Jun '24
Sep '24
Dec '24
Mar '25
Jun '25
Sep '25
Dec '25
Mar '26
Jun '26
Revenue
$3.0M
$3.0M
$3.0M
$9.0M
$4.0M
$4.0M
$3.0M
$6.0M
$11.0M
$3.0M
$3.0M
$11.0M
Operating Expenses
$5.0M
$6.0M
$5.0M
$11.0M
$6.0M
$5.0M
$6.0M
$7.0M
$15.0M
$7.0M
$7.0M
$13.0M
Operating Profit
$-1.0M
$-3.0M
$-2.0M
$-2.0M
$-2.0M
$-2.0M
$-3.0M
$-1.0M
$-4.0M
$-4.0M
$-4.0M
$-2.0M
Operating Margin
-43.8%
-95.6%
-67.1%
-20.4%
-50.0%
-56.4%
-79.6%
-26.3%
-34.5%
-140.6%
-116.2%
-19.7%
Interest
$1.0M
$1.0M
$1.0M
$1.0M
$1.0M
$1.0M
$1.0M
$1.0M
$1.0M
$1.0M
$1.0M
$1.0M
Profit Before Tax
$3.0M
$0
$-3.0M
$0
$3.0M
$1.0M
$-5.0M
$16.0M
$-8.0M
$-17.0M
$-13.0M
$1.0M
Tax
$0
$0
$0
$-21.2M
$0
$0
$0
$540,000
$-910,000
$330,000
$-650,000
$-82.2M
Net Profit
$3.0M
$0
$-3.0M
$-1.0M
$3.0M
$1.0M
$-4.0M
$14.0M
$-7.0M
$-16.0M
$-14.0M
$1.0M
EPS
$0.08
$-0.01
$-0.10
$-0.02
$0.08
$0.04
$-0.17
$0.36
$-0.24
$-0.50
$-0.45
$0.04
Over the 10 years reported for Great Elm Group, Inc., borrowings increased from $5.0M in 2017 to $64.0M in 2026, cash stood at $53.0M in the latest year, shareholders' equity was $0, current assets covered current liabilities 12.50 times.
Balance Sheet — 10 Years (USD millions)
Metric
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
Total Assets
$77.0M
$134.0M
$183.0M
$195.0M
$162.0M
$168.0M
$136.0M
$140.0M
$154.0M
$114.0M
Current Assets
$68.0M
$64.0M
$42.0M
$61.0M
$89.0M
$84.0M
$123.0M
$128.0M
$138.0M
$100.0M
Cash
$46.0M
$43.0M
$12.0M
$41.0M
$24.0M
$22.0M
$60.0M
$51.0M
$35.0M
$53.0M
Inventory
$0
$1.0M
$1.0M
$1.0M
$1.0M
$0
$2.0M
$6.0M
$0
$0
Receivables
$1.0M
$1.0M
$10.0M
$9.0M
$8.0M
$2.0M
$3.0M
$2.0M
$4.0M
$4.0M
Fixed Assets
$2.0M
$2.0M
$17.0M
$14.0M
$14.0M
$1.0M
$0
$0
$2.0M
$1.0M
Capital Work in Progress
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
Investments
$21.0M
$18.0M
$17.0M
$9.0M
$51.0M
$50.0M
$57.0M
$66.0M
$75.0M
$38.0M
Other Assets
$0
$0
$50.0M
$50.0M
$51.0M
$0
$0
$0
$0
$0
Total Liabilities
$10.0M
$69.0M
$118.0M
$131.0M
$106.0M
$126.0M
$72.0M
$70.0M
$73.0M
$73.0M
Current Liabilities
$6.0M
$9.0M
$18.0M
$26.0M
$33.0M
$20.0M
$7.0M
$8.0M
$10.0M
$8.0M
Borrowings
$5.0M
$62.0M
$102.0M
$114.0M
$41.0M
$71.0M
$63.0M
$61.0M
$63.0M
$64.0M
Other Liabilities
$5.0M
$7.0M
$15.0M
$17.0M
$66.0M
$55.0M
$9.0M
$9.0M
$11.0M
$8.0M
Equity
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
Reserves
$66.0M
$64.0M
$61.0M
$61.0M
$43.0M
$33.0M
$64.0M
$63.0M
$70.0M
$41.0M
For Great Elm Group, Inc., operating cash flow was positive in 4 of 10 reported years; free cash flow in the latest year was $12.0M; free cash flow was positive in 3 of 10 years; financing activities used $16.0M in the latest year, which covers debt repayment, dividends and buybacks.
Cash Flow Statement — 10 Years (USD millions)
Metric
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
Operating Cash Flow
$-10.0M
$-4.0M
$3.0M
$13.0M
$-19.0M
$29.0M
$-2.0M
$-16.0M
$-9.0M
$12.0M
Investing Cash Flow
$-60.0M
$-5.0M
$-63.0M
$-15.0M
$-22.0M
$-41.0M
$84.0M
$2.0M
$-1.0M
$13.0M
Financing Cash Flow
$0
$0
$-5.0M
$-3.0M
$10.0M
$-16.0M
$-6.0M
$5.0M
$-7.0M
$-16.0M
Net Cash Flow
$-35.0M
$-2.0M
$-31.0M
$28.0M
$-16.0M
$-2.0M
$38.0M
$-10.0M
$-19.0M
$19.0M
Free Cash Flow
$-11.0M
$-4.0M
$-5.0M
$4.0M
$-26.0M
$28.0M
$-2.0M
$-16.0M
$-9.0M
$12.0M
Valuation & Return Ratios
Metric
Value
PEG Ratio
0.02
EV / EBITDA
-2.47
FCF Yield
23.14%
Quick Ratio
12.89
Interest Coverage
-3.41
Return 1Y
5.88%
Return 3Y
8.00%
Return 5Y
-5.26%
Great Elm Group, Inc. (GEG) financials — frequently asked questions
What is Great Elm Group, Inc.'s annual revenue?
Great Elm Group, Inc. (GEG) reported annual revenue of $28.0M in its most recent fiscal year.
What is Great Elm Group, Inc.'s net profit?
Great Elm Group, Inc. (GEG) reported a net loss of $35.0M in its most recent fiscal year.
What is GEG EV/EBITDA?
Great Elm Group, Inc.'s enterprise value to EBITDA (EV/EBITDA) ratio is -2.47. A negative value means EBITDA was negative over the period, so the ratio is not a meaningful valuation measure.