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, 2022 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 incorpora ...

Great Elm Group, Inc. (NASDAQ:GEG) Q1 2023 Earnings Conference Call November 15, 2022 9:00 AM ET Company Participants Adam Yates - Managing Director Peter Reed - Chief Executive Officer Adam Kleinman - President Brent Pearson - Chief Financial Officer Conference Call Participants Operator Good morning. My name is Chris and I'll be your conference operator today. At this time, I'd like to welcome everyone to the Great Elm Group Fiscal 2023 First Quarter Conference Call. [Operator Instructions] Adam Yates, Ma ...

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 September 30, 2022 or (Exact name of registrant as specified in its charter) Delaware 85-3622015 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 800 South Street, Suite 230, Waltham MA 02453 (Address of principal executive offices) (Zip Code) (61 ...

Great Elm Group, Inc. (NASDAQ:GEG) Q4 2022 Results Conference Call September 12, 2022 9:00 AM ET Company Participants Adam Yates - Managing Director Peter Reed - Chief Executive Officer Adam Kleinman - President Brent Pearson - CFO & CAO Conference Call Participants Brian Alexitch - Greenwich Investment Management Operator Good morning. My name is Rob, and I will be your conference operator today. At this time, I would like to welcome everyone to the Great Elm Group Fiscal 2022 Fourth Quarter Results Confer ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended June 30, 2022 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. Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark if the Registrant is ...

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, 2022 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 ...

Great Elm Group, Inc. (NASDAQ:GEG) Q2 2022 Earnings Conference Call February 11, 2022 9:00 AM ET Company Participants Adam Yates - Managing Director Peter Reed - Chief Executive Officer Brent Pearson - CFO & CAO Conference Call Participants Brian Alexitch - Greenwich Investment Management Operator Good morning. My name is Chris, and I'll be your conference operator today. At this time, I'd like to welcome everyone to the Great Elm Group Second Quarter 2022 Financial Results. All lines have been placed on mu ...

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, 2021 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 incorpora ...

or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to 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 September 30, 2021 Commission File Number: 001-39832 Great Elm Group, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorpor ...

Financial Data and Key Metrics Changes - For the fiscal fourth quarter, consolidated revenue was $16.3 million, a decrease from $14.7 million in the same period last year, with a net loss from continuing operations of $1.4 million compared to a net income of $4.1 million last year [22][23] - Adjusted EBITDA for the fourth quarter was $3.5 million, down from $5.9 million in the prior year [22][23] - For the year ended June 30, 2021, total revenue increased to $57.6 million from $55.7 million, with adjusted EBITDA of $12.4 million compared to $16.0 million in the prior year [28][32] Business Line Data and Key Metrics Changes - Durable Medical Equipment (DME) generated $15.4 million in revenue for the fourth quarter, up from $13.9 million last year, driven by organic growth and acquisitions [25] - DME's total revenue for the year was $57.6 million, a 3.6% increase from the previous year, with net income rising to $5.9 million from $2.8 million [28][29] - Investment Management generated $0.9 million in revenue for the fourth quarter, slightly up from $0.7 million, with annual revenue of $3.2 million compared to $3.3 million in the prior year [32][33] Market Data and Key Metrics Changes - The DME business faced challenges due to the COVID-19 pandemic, with soft demand for sleep studies impacting referrals for new equipment setups [25] - The investment management segment benefited from a shared service agreement with Imperial Capital, enhancing the investment team's depth and experience [19] Company Strategy and Development Direction - The company aims to create shareholder value through its two verticals: operating companies and investment management, with a focus on acquisitions and increasing assets under management [5][10] - A transformative financing with JPMorgan has improved DME's cost of capital and provided funds for future acquisitions [12] - The company has simplified its corporate structure, reducing debt by $57 million and improving financial flexibility for growth opportunities [11][43] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about growth opportunities in the DME sector as the industry consolidates, despite current supply chain challenges [18][27] - The investment management segment is making strong progress in increasing assets under management and revenues, with a focus on proprietary investments and specialty finance [15][19] Other Important Information - The company completed a significant recapitalization of GECC, raising $31.7 million in a rights offering and closing a new $25 million revolving credit facility [14] - The company sold its entire ownership interest in two Class A office buildings for $4.6 million, reinvesting the proceeds into dividend-paying shares [17][18] Q&A Session Summary Question: What is the outlook for the DME business? - Management indicated that there are compelling opportunities in the DME sector as the industry continues to consolidate, despite current challenges [18] Question: How is the investment management segment performing? - The investment management segment is making strong progress in increasing assets under management and revenues, benefiting from strategic partnerships [19]