Great Elm Group, Inc. 7.25% Notes due 2027
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| Revenue | $27.8M | $16.3M | $17.8M | $8.7M | $68.0M | $60.9M | $59.0M |
| Cost of Revenue | $13.2M | $1.1M | $5.5M | — | — | — | — |
| Gross Profit | $14.5M | $15.2M | $12.3M | — | — | — | — |
| Gross Margin | 52.3% | 93.4% | 69.0% | — | — | — | — |
| Operating Expenses | |||||||
| Research & Development | — | — | — | — | — | — | — |
| SG&A Expense | $7.4M | $6.5M | $7.7M | $8.5M | $6.0M | $5.9M | $6.5M |
| Operating Income | $-14.0M | $-8.0M | $-7.8M | $-11.2M | $-8.7M | $-3.7M | $-2.2M |
| Operating Margin | -50.4% | -49.1% | -43.9% | -129.4% | -12.9% | -6.1% | -3.7% |
| Interest Expense | $4.1M | $4.2M | $4.3M | $6.1M | $5.5M | $4.9M | $4.6M |
| Pretax Income | $-37.3M | $15.6M | $-841.0K | $14.7M | $-19.2M | $-6.8M | $-13.3M |
| Income Tax Expense | $-376.0K | $86.0K | $101.0K | $200.0K | $83.0K | $1.7M | $44.0K |
| Net Income | $-36.9M | $12.9M | $-1.4M | $27.7M | $-14.9M | $-7.3M | $-13.0M |
| Net Margin | -132.9% | 79.0% | -7.8% | 320.1% | -21.9% | -12.0% | -22.0% |
| EPS (Basic) | $-1.17 | $0.47 | $-0.05 | $0.95 | $-0.56 | $-0.28 | $-0.51 |
| EPS (Diluted) | $-1.17 | $0.38 | $-0.05 | $0.73 | $-0.56 | $-0.28 | $-0.51 |
| Shares Outstanding (Basic) | 30.3M | 27.6M | 30.0M | 28.9M | 26.8M | 25.7M | 25.4M |
| Shares Outstanding (Diluted) | 30.3M | 38.8M | 30.0M | 41.0M | 26.8M | 25.7M | 25.4M |
| Dividends Per Share | — | — | — | — | — | — | — |