Great Elm Asset Manager Reports Q4 Profit, Expands Alternative Investment Strategies

Great Elm Group, an alternative asset management company, has reported a profit in Q4, driven by its diversified portfolio of long-duration and permanent capital vehicles across credit, real estate, specialty finance, and other alternative strategies. The company's subsidiaries include Great Elm Capital Corp. and Monomoy Properties REIT, among others.

Title: Great Elm Group Reports Strong Q4 Performance, Driven by Diversified Portfolio

Great Elm Group, Inc. (NASDAQ: GEG), an alternative asset management company, announced its fiscal fourth quarter and year-end results for June 30, 2025. The company reported a net income from continuing operations of $15.7 million for the quarter, marking a significant turnaround from the prior-year period's net loss of ($0.6) million [1].

The company's diversified portfolio of long-duration and permanent capital vehicles across credit, real estate, specialty finance, and other alternative strategies has been a key driver of its performance. Great Elm Group's subsidiaries, including Great Elm Capital Corp. and Monomoy Properties REIT, contributed to the overall financial strength.

Adjusted EBITDA for the fourth quarter was $1.5 million, up from $1.2 million in the prior-year period. Total revenue for the fourth quarter was $5.6 million, compared to $8.9 million in the prior-year period. As of June 30, 2025, the company held approximately $31 million in cash and marketable securities on its balance sheet, providing a solid foundation for future growth initiatives [1].

Great Elm Group's Chief Executive Officer, Jason Reese, highlighted the company's strong performance across all areas of its business. He noted that the company had meaningfully increased fee revenue, driven by substantial growth in both management and incentive fees from GECC. The real estate business also contributed positively, with the February launch of Monomoy Construction Services adding an accretive new revenue stream [1].

The company's strategic partnership with Kennedy Lewis Investment Management (KLIM) in July 2025 further bolstered its financial position. Under this partnership, KLIM purchased 4.9% of Great Elm's common stock and provided up to $150 million in leverageable capital to Monomoy REIT. This transaction not only accelerated the expansion of the company's real estate platform but also aligned its interests with a highly regarded institutional partner [1].

In addition to the KLIM partnership, Great Elm Group announced a $9.0 million strategic investment from Woodstead in August 2025. This investment included the purchase of 4.0 million newly issued shares of GEG common stock and the appointment of Booker Smith to the company's Board of Directors. The appointment of Booker Smith, a seasoned investor in credit and real estate, brings valuable expertise to support Great Elm's key verticals [1].

Looking ahead, Great Elm Group is well-positioned to capitalize on attractive opportunities across all of its businesses. The company's strong financial performance and strategic partnerships set a solid foundation for sustained, long-term value creation for its shareholders.

The company will host a conference call at 8:30 a.m. ET on September 3, 2025, to discuss its results in more detail.

References
1. [1] https://finance.yahoo.com/news/great-elm-group-reports-fiscal-202500557.html