Business
Great Elm Group Reports Fiscal 2026 Second Quarter Financial Results
– Fee-Paying AUM1 Grew 4% Year-Over-Year as of December 31, 2025 – – Significant Unrealized Loss of $14.4 million and Realized Gain of $2.3 million on GEG’s Investments in the Quarter2 – – Monomoy BTS Substantially Completes Third Build-to-Suit Development Property –– Repurchased Approximately 1.1 Million Shares, or Over 3% of Shares Outstanding – Company to Host Conference Call at 8:30 a.m. ET on February 5, 2026 PALM BEACH GARDENS, Fla., Feb. 04, 2026 (GLOBE NEWSWIRE) -- Great Elm Group, Inc.
About this update from Great Elm Group, Inc.
[{"type":"image","alt":"Great Elm Group, Inc.","displaySize":"","headline":null,"caption":"Great Elm Group, Inc.","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":150,"url":"https://media.zenfs.com/en/globenewswire.com/7d34b95244fafd3bc3fdb02908adfc2a"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/Q4h6t7C8f.A.j5pHUqdi4w--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTIxMDtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/7d34b95244fafd3bc3fdb02908adfc2a","width":300,"height":150}},"lazy":false},{"type":"text","content":"– Fee-Paying AUM1 Grew 4% Year-Over-Year as of December 31, 2025 – ","length":66,"tagName":"p"},{"type":"text","content":"– Significant Unrealized Loss of $14.4 million and Realized Gain of $2.3 million on GEG’s Investments in the Quarter2 –","length":119,"tagName":"p"},{"type":"text","content":"– Monomoy BTS Substantially Completes Third Build-to-Suit Development Property –– Repurchased Approximately 1.1 Million Shares, or Over 3% of Shares Outstanding –","length":164,"tagName":"p"},{"type":"text","content":"Company to Host Conference Call at 8:30 a.m. ET on February 5, 2026","length":67,"tagName":"p"},{"type":"text","content":"PALM BEACH GARDENS, Fla., Feb. 04, 2026 (GLOBE NEWSWIRE) -- Great Elm Group, Inc. (“we,” “our,” “GEG,” “Great Elm,” or “the Company”), (NASDAQ: GEG), an alternative asset manager, today announced financial results for its fiscal second quarter ended December 31, 2025.","length":268,"tagName":"p"},{"type":"text","content":"Management Commentary","length":21,"tagName":"p"},{"type":"text","content":"Jason Reese, Chief Executive Officer of the Company stated, “We continued to build momentum across our alternative asset management platform despite market headwinds during the quarter. While heightened volatility drove significant unrealized losses in our core portfolio investments and weighed on reported results, we remain focused on disciplined execution.","length":360,"tagName":"p"},{"type":"text","content":"Against a challenging market backdrop for the BDC, GECC management took actions in the portfolio to position the platform for success, re-underwriting the entire portfolio and working deliberately to further diversify investments as well as optimizing the portfolio to improve overall credit quality. With significant liquidity, a healthy balance sheet, and a lower cost of capital, ...