Great Elm (GEG)

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Great Elm (GEG) - 2025 Q2 - Quarterly Report
2025-02-05 21:46
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 ...
Great Elm Group Reports Fiscal 2025 Second Quarter Financial Results
GlobeNewswire· 2025-02-05 21:15
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 Group Expands Real Estate Enterprise Launching Monomoy Construction Services
GlobeNewswire· 2025-02-04 21:25
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 ...
Great Elm (GEG) - 2025 Q1 - Earnings Call Presentation
2024-12-16 06:51
| --- | --- | --- | --- | --- | --- | --- | |----------------------------------------|-------|-------|-------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | November 12, 2024 Fiscal First Quarter | | | | | | | | | | | | | | | | Ended September 30, 2024 NASDAQ: GEG | | | | | | | | | | | | | | | GEG Highlights • Great Elm grew fee-paying assets under management ("FPAUM") in the September 2024 quarter both year-over-yea ...
Great Elm (GEG) - 2025 Q1 - Quarterly Report
2024-11-12 13:54
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, 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 juri ...
Great Elm (GEG) - 2025 Q1 - Quarterly Results
2024-11-12 11:49
Exhibit 99.1 GREAT ELM GROUP REPORTS FISCAL 2025 FIRST QUARTER FINANCIAL RESULTS Company to Host Conference Call at 8:30 a.m. ET on November 12, 2024 PALM BEACH GARDENS, Florida, November 11, 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 first quarter ended September 30, 2024. Fiscal First Quarter 2025 and Recent Highlights • GEG's fee-paying assets under management ("FPAUM") and ...
Great Elm Group Reports Fiscal 2025 First Quarter Financial Results
GlobeNewswire News Room· 2024-11-11 21:16
PALM BEACH GARDENS, Fla., Nov. 11, 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 first quarter ended September 30, 2024. Fiscal First Quarter 2025 and Recent Highlights GEG’s fee-paying assets under management (“FPAUM”) and assets under management (“AUM”) totaled approximately $559 million and $782 million, respectively. FPAUM and AUM growth of 24% and 22%, resp ...
Galaxy Entertainment Group Selected Unaudited Q3 2024 Financial Data
GlobeNewswire News Room· 2024-11-07 03:25
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]
Great Elm (GEG) - 2024 Q4 - Earnings Call Transcript
2024-08-30 17:21
Great Elm Group, Inc. (NASDAQ:GEG) Q4 2024 Earnings Conference Call August 30, 2024 8:30 AM ET Company Participants Adam Yates - Managing Director Jason Reese - Chief Executive Officer Keri Davis - Chief Financial Officer Conference Call Participants Operator Greetings. Welcome to the Great Elm Group's Fiscal Fourth Quarter 2024 Earnings Conference Call. At this time all participants are in a listen-only mode. The question-and-answer session will follow the formal presentation. [Operator Instructions] Pleas ...
Great Elm (GEG) - 2024 Q4 - Earnings Call Presentation
2024-08-30 17:12
| --- | --- | --- | --- | --- | --- | --- | --- | --- | |---------------------|------------------------------|-------|-------|-------|-------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | August 30, 2024 | | | | | | | | | | Ended June 30, 2024 | Fiscal Year & Fourth Quarter | | | | | | | | | NASDAQ: GEG | | | | | | | | | | | | | | | | | | | GEG Fiscal 2024 Highlights • ...