Filing Flows › Great Elm Group (GEG) › Q3 FY25
Great Elm Group (GEG) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed May 7, 2025
Great Elm Group (GEG) reported revenue of $3.2M for the third quarter fiscal 2025 (Q3 FY25), +15% from a year earlier and -8% from the quarter before. Operating margin was -79.6%, net loss $4.5M (140.3% of revenue).
Great Elm Group, Q3 FY25: revenue $3.2M (+15% year over year), operating margin -79.6%, net loss $4.5M, operating cash flow −$1.3M. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.2M | -8% | +15% |
| Operating profit | −$2.6M | — | — |
| Net earnings | −$4.5M | — | — |
| Operating cash flow | −$1.3M | — | — |
What changed
Revenue was $3.2M in Q3 FY25, up 15% year over year and down 8% from the previous quarter. Management Service Base was the largest line at 56% of revenue. Management Service Base added $346K year over year (up 24%), 82% of the total change. Management Service Incentive declined 75%.
Operating costs exceeded revenue by $2.6M, an operating margin of -79.6%. Total costs grew 24% against revenue growth of 15%. The fastest-growing cost line was Other operating costs (+44%). The quarter ended with a net loss of $4.5M, after a profit of $1.4M the previous quarter. Minority interests bore $4K of it: to shareholders the quarter was a loss of $4.5M.
Operating cash flow was −$1.3M. Non-cash charges added back $361K of depreciation and amortization and $476K of share-based compensation. Working capital and other items added $2.3M.
Questions
What was Great Elm Group's revenue in the third quarter fiscal 2025?
Great Elm Group (GEG) reported revenue of $3.2M for the third quarter fiscal 2025 (Q3 FY25), +15% from a year earlier and -8% from the quarter before.
Was Great Elm Group profitable in the third quarter fiscal 2025?
Operating loss was $2.6M (-79.6% of revenue) and net loss $4.5M.
Source: Great Elm Group 10-Q on SEC EDGAR.