GREAT ELM CAP. NEW DL-,01 Aktie

Great Elm Capital reported rising net investment income for Q1 2026, largely due to the external adviser foregoing $2.8 million in incentive fees, while total investment income declined. Net asset value fell sequentially from $8.07 to $7.74 per share due to mark-to-market losses, despite debt reduction and improved credit metrics. Management changes with Jason Reese as CEO, buybacks and note repayments, and a quarterly dividend of $0.25 are intended to support liquidity and NAV stabilization, but remain exposed to ongoing market volatility and CLO risks. » Plus sur de.investing.com

Great Elm Group reports a 7% revenue increase in Q3 2026 to $3.4 million but records a net loss of $13.5 million, of which about $9.8 million is due to unrealized impairments on its stake in Great Elm Capital Corp. Adjusted EBITDA deteriorated to negative $1.6 million; FPAUM and AUM fell slightly to $528 million and $744 million, respectively. Positives include growth of the Monomoy real estate platform and a strong liquidity position of $45.5 million, while management is de-risking GECC and focusing capital allocation through an expanded buyback program totaling $40 million. Remaining risks are volatility in the BDC segment, macroeconomic pressure on private-credit markets, and operational complexity. » Plus sur de.investing.com

Great Elm Capital reported Q4 2025 net investment income up 55% to $4.4m ($0.31 per share), while combined realized and unrealized losses of $26.4m pushed NAV per share down from $10.01 to $8.07 (pro forma $8.23 after fee waiver). The company reported a loss per share of $1.57, missing expectations by a wide margin. Management voluntarily waived roughly $2.3m in performance fees, appointed Jason Reese as executive chairman, and announced a $10m share buyback program and a quarterly dividend of $0.30. Liquidity rose to about $80m; the diversified portfolio totals $298.3m across 89 positions with a non-accrual rate below 1%. » Plus sur de.investing.com

Great Elm Group reported Q1 2026 revenue of $10.8m (prior year $4.0m), driven by the sale of a Monomoy BTS property for $7.4m. Despite revenue growth, it recorded a net loss of $7.9m (prior year profit $3.0m), caused by unrealized losses on GECC shares and a CoreWeave investment; adjusted EBITDA was -$0.5m and EPS was -$0.24. AUM and FPAUM rose by 7% and 10%, respectively, and the company secured fresh capital through partnerships with Kennedy Lewis and Woodstead as well as a $57.5m bond issuance to improve its capital structure. » Plus sur de.investing.com

Great Elm Capital reported net investment income of $0.20 per share for Q3 2025, missing analyst expectations; total investment income fell to $10.6 million. Net asset value per share declined from $12.10 to $10.01, mainly due to unrealized net losses and the insolvency of First Brands, while total net assets remained roughly $140.1 million. Management confirmed the quarterly dividend of $0.37, plans portfolio transactions and a $10 million share buyback, and expects net investment income to recover in Q4. » Plus sur de.investing.com