Great Elm Group, Inc. announced financial results for its fiscal fourth quarter and year ended June 30, 2025, showcasing strong performance and growth in various areas of its business.
The company reported record fourth quarter net income from continuing operations of $15.7 million, reflecting a significant improvement compared to the prior-year period.
Book value per share as of June 30, 2025, stood at $2.65, marking a 24% increase from the previous year-end.
Transformational Partnership with Kennedy Lewis Investment Management
Great Elm Group announced a partnership with Kennedy Lewis Investment Management, providing up to $150 million of capital to accelerate the expansion of its real estate platform.
Milestone Investment from Woodstead and Appointment of Booker Smith
Great Elm Group secured a $9 million growth capital investment from Woodstead and appointed Booker Smith to its Board of Directors, reinforcing investor confidence and expanding resources for growth.
Record Quarterly Distribution and Fee-Paying Assets Under Management Growth
GECC, a key part of Great Elm Group, delivered exceptional performance leading to increased quarterly distribution and substantial growth in Fee-Paying Assets Under Management.
- The company's financial results for the fiscal fourth quarter showcased a significant turnaround with net income increasing to $15.7 million from a loss in the prior-year period.
- Key drivers of this improvement included unrealized gains from strategic investments, stock price appreciation, growth in fee revenue, and strong performance from GECC.
- Great Elm Group's strategic partnerships and investments have strengthened its balance sheet, expanded its resources, and positioned it well to capitalize on growth opportunities across various business verticals.
Great Elm Group's fiscal 2025 fourth quarter and full-year results reflect a period of exceptional performance and growth, driven by strong operational execution, strategic investments, and key partnerships. With a solid financial position and a focus on value creation for shareholders, the company is poised for continued success and expansion in the alternative asset management sector.