February 6, 2025 Fiscal Second Quarter Ended December 31, 2024 NASDAQ: GEG GEG Highlights 1 Assumes invested at inception on November 1, 2023, and remained invested throughout the succeeding 14 months ended December 31, 2024, with distributions reinvested, net of founder's class fees and expenses. Performance results should not be regarded as final until audited financial statements are issued covering the period shown. Past performance is no guarantee of future results. 2 Amount excludes Consolidated Funds ...

GREAT ELM GROUP REPORTS FISCAL 2025 SECOND QUARTER FINANCIAL RESULTS Company to Host Conference Call at 8:30 a.m. ET on February 6, 2025 PALM BEACH GARDENS, Fla., February 5, 2025 – 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, 2024. Fiscal Second Quarter 2025 and Recent Highlights Management Commentary Jason Reese, Chief Executive Officer of the Compan ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-39832 Great Elm Group, Inc. (Exact name of registrant as specified in its charter) Delaware 85-3622015 (State or other juris ...

Company to Host Conference Call at 8:30 a.m. ET on February 6, 2025PALM BEACH GARDENS, Fla., Feb. 05, 2025 (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, 2024. Fiscal Second Quarter 2025 and Recent Highlights Great Elm Capital Corp. (NASDAQ: GECC) raised an additional $13.2 million of equity at NAV in December 2024, through the issua ...

Great Elm purchases the assets of Greenfield CRE, a premier construction and project management company; highlights Great Elm’s momentum in real estate, enhancing Monomoy’s ability to service its tenants with a full suite of construction services adjacent to its industrial asset management and development business led by Monomoy CREPALM BEACH GARDENS, Fla., Feb. 04, 2025 (GLOBE NEWSWIRE) -- Great Elm Group, Inc. (“we,” “us,” “our,” “GEG” or “Great Elm,”) (NASDAQ: GEG), an alternative asset manager, today an ...

Core Insights - Great Elm Group, Inc. reported strong financial results for its fiscal first quarter ended September 30, 2024, with significant growth in assets under management and revenue [2][3][6]. Financial Performance - Fee-paying assets under management (FPAUM) and total assets under management (AUM) reached approximately $559 million and $782 million, reflecting year-over-year growth of 24% and 22% respectively [2]. - Total revenue for the quarter increased by 21% to $4.0 million, up from $3.3 million in the prior-year period, driven by property sales and increased management fees [2][6]. - Net income from continuing operations was $3.0 million, compared to $2.8 million in the prior-year period, aided by the reversal of $3.5 million in unrealized losses [7]. - Adjusted EBITDA for the quarter was $1.3 million, down from $1.7 million in the prior-year period [7][20]. Stock Repurchase Program - The Board of Directors authorized an additional $10 million for stock repurchases, increasing the total buyback authorization to $20 million [8]. - As of November 8, 2024, approximately 2.5 million shares were repurchased for $4.6 million at an average price of $1.85 per share [8]. Management Commentary - The CEO highlighted the solid start to fiscal 2025, emphasizing the expansion of assets under management and growth in fee revenue [3]. - The company aims to leverage its strong balance sheet to maximize shareholder value while focusing on strategic priorities in credit and real estate [3]. Investment Highlights - Great Elm Credit Income Fund achieved a strong return on invested capital of over 11% net of fees since its inception in November 2023 [5]. - Monomoy BTS completed its first build-to-suit property and has a robust pipeline in its construction management business [5]. Managed Vehicle Performance - Great Elm Capital Corp. reported record total investment income of $11.7 million for the quarter, marking the highest cash income in its history [4]. - GECC actively managed its capital structure, issuing $22 million in notes and redeeming $45.3 million of maturing notes [4].

Core Insights - Galaxy Entertainment Group (GEG) reported a Q3 2024 Group Net Revenue of $10.7 billion, an increase of 11% year-on-year, while Adjusted EBITDA was $2.9 billion, up 6% year-on-year but down 7% quarter-on-quarter [2][11][7] - The company paid an interim dividend of $0.50 per share on October 25, 2024, reflecting confidence in the long-term outlook for Macau and the company [4][19] - GEG continues to advance its development projects, including the Capella at Galaxy Macau and Phase 4, which focuses on non-gaming entertainment and family facilities [5][31] Financial Performance - Q3 2024 Group Adjusted EBITDA was $2.9 billion, with a normalized figure of $3.1 billion, indicating a 7% increase year-on-year and a 3% decrease quarter-on-quarter [12][7] - The latest twelve months Adjusted EBITDA reached $11.8 billion, up 68% year-on-year and up 1% quarter-on-quarter [11][7] - Galaxy Macau™ contributed significantly with Q3 Net Revenue of $8.4 billion, a 10% increase year-on-year, while Adjusted EBITDA was flat year-on-year at $2.6 billion [20][11] Visitor Trends and Market Overview - Macau recorded 993,117 visitor arrivals during the National Day Golden Week, achieving nearly 102% of pre-pandemic levels from 2019 [3] - In Q3 2024, Macau's Gross Gaming Revenue (GGR) was $54.0 billion, up 14% year-on-year, with visitor arrivals totaling 9.2 million, an 11% increase year-on-year [10][11] Balance Sheet and Liquidity - As of September 30, 2024, GEG's total cash and liquid investments were $28.6 billion, with a net position of $27.4 billion after accounting for $1.2 billion in debt [4][19] - The strong balance sheet supports capital returns to shareholders and funding for development projects [4][19] Development and Future Growth - The Capella at Galaxy Macau is set to open in mid-2025, featuring ultra-luxury accommodations [30] - Phase 4 development is underway, focusing on non-gaming amenities and expected to be completed by 2027 [31] - GEG is ramping up the Galaxy International Convention Center and Galaxy Arena to enhance its offerings [31][38]

PALM BEACH GARDENS, Fla., Aug. 29, 2024 (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 fourth quarter and year ended June 30, 2024. Fiscal Fourth Quarter 2024 and Recent Highlights Great Elm Capital Corp. ("GECC") raised $34 million of additional debt and equity capital since April 2024. Fee-paying assets under management ("FPAUM") and assets under management ("AUM") ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-39832 Great Elm Group, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporatio ...

Exhibit 99.1 GREAT ELM GROUP REPORTS FISCAL 2024 THIRD QUARTER FINANCIAL RESULTS Company to Host Conference Call at 8:30 a.m. ET on May 9, 2024 PALM BEACH GARDENS, Florida, May 8, 2024 – 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 third quarter ended March 31, 2024. Fiscal Third Quarter 2024 and Other Recent Highlights Management Commentary Jason Reese, Chief Executive Officer of the ...