Great Elm Capital

Great Elm Capital Corp. is an externally managed non-diversified closed-end management investment company. Its objective is to generate risk-adjusted returns through both current income and capital appreciation. The fund invests primarily in the debt of private middle-market companies with enterprise values typically between $100 million and $2 billion and a focus on special situations and catalyst-driven opportunities. The company was founded on April 25, 2016 and is headquartered in Waltham, MA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Great Elm Capital (GECC) reports strong Q1 performance and strategic growth outlook

GECC's Q1 2024 performance reflects a robust financial position, income generation capabilities, and strategic diversification initiatives.
While facing challenges related to illiquid investments and deal originations, GECC remains focused on prudent investment decisions and growth opportunities.
The company's emphasis on credit quality, income generation, and strategic investments positions it well to navigate market challenges and capitalize on emerging opportunities.

Great Elm Capital Corp reports mixed Q2 performance and growth opportunities

Great Elm Capital Corp's Q2 2024 performance reflects a mix of successes and challenges in its financial operations.
The company's strategic strengths lie in its focus on high-return investments and prudent financial management.
While facing operational and debt-related challenges, GECC has opportunities to optimize its capital structure and drive growth.
Investors can benefit from the company's commitment to shareholder returns and potential for enhanced profitability.

Great Elm Capital (GECC) reports record Q3 performance and strategic growth initiatives

Great Elm Capital (GECC) delivered exceptional performance in Q3 2024, achieving record investment income and strengthening its portfolio composition.
Despite facing potential challenges in sustaining high performance, GECC's strategic initiatives and financial flexibility position it well for future growth.
By capitalizing on opportunities for further issuances and optimizing its capital structure, GECC can continue to drive value for investors and enhance portfolio returns.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

WALTHAM, Mass., Dec. 12, 2023 (GLOBE NEWSWIRE) -- Great Elm Capital Corp. (the “Company” or “GECC”), (NASDAQ: GECC), a business development company, today is pleased to declare a special cash distribution of $0.10 per common share (the “Special Distribution”). The Special Distribution will be payable on January 12, 2024 to stockholders of record as of December 29, 2023.

Great Elm Capital Corp. (“GECC”) Declares $0.10 Per Common Share Special Cash Distribution

Great Elm Capital Corporation (NASDAQ:GECC ) Q3 2023 Results Conference Call November 2, 2023 8:30 AM ET Company Participants Garrett Edson - IR Matt Kaplan - CEO Keri Davis - CFO Mike Keller - President, Great Elm Specialty Finance Operator Greetings. Welcome to the Great Elm Capital Corp. Third Quarter 2023 Financial Results.

Great Elm Capital Corporation (GECC) Q3 2023 Earnings Call Transcript

WALTHAM, Mass., Nov. 02, 2023 (GLOBE NEWSWIRE) -- Great Elm Capital Corp. (“we,” “our,” the “Company” or “GECC,”) (NASDAQ: GECC), a business development company, today announced its financial results for the third quarter ended September 30, 2023.

Great Elm Capital Corp. Announces Third Quarter 2023 Financial Results

Conference Call Scheduled for Thursday, November 2, 2023 at 8:30 a.m. ET Conference Call Scheduled for Thursday, November 2, 2023 at 8:30 a.m. ET

Great Elm Capital Corp. (“GECC”) Schedules Third Quarter 2023 Earnings Release and Conference Call

Great Elm Capital Group, Inc. (GECC) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, GECC's 50-day simple moving average crossed above its 200-day simple moving average, known as a "golden cross.

Should You Buy Great Elm Capital (GECC) After Golden Cross?

Apollo Global Management

Gladstone Investment

Gladstone Capital

JPMorgan Chase & Co

August saw four new preferred stock/ETD offerings with dividend yields ranging from 6.75% to 8.75%. CDx3 preferreds ranked 10 out of 10 are selling at an average discount to par of about 8.2% and offer an average current yield of 6.47%. Asset management firm Apollo Global priced an offering of mandatory convertible preferred stock at $50/share.

New ETD And Preferred Stock IPOs, August 2023

Great Elm Capital Corporation has improved its portfolio diversification and has increased its investment weighting to 1st Lien debt, leading to better financial results this year. GECC is positioned in the positive and growing financial segment of Private Credit, benefiting from the retreat of banks from direct lending to small and middle market firms. GECC's Q2 23 results showed promising signs, with better than expected adjusted EPS, gross revenues, and adjusted net income. The stock also has a strong dividend yield.

Great Elm Capital: Undervalued Following Solid Q2 Results

WALTHAM, Mass., Aug. 08, 2023 (GLOBE NEWSWIRE) -- Great Elm Capital Corp. (the “Company” or “GECC”) (NASDAQ: GECC) announced today the pricing of its underwritten public offering of $40,000,000 aggregate principal amount of its 8.75% notes due 2028 (the “Notes”), which will result in net proceeds to the Company of approximately $38.2 million after payment of underwriting discounts and commissions and estimated offering expenses payable by the Company.

Great Elm Capital Corp. Prices Public Offering of $40,000,000 of 8.75% Notes Due 2028

WALTHAM, Mass., Aug. 08, 2023 (GLOBE NEWSWIRE) -- Great Elm Capital Corp. (the “Company” or “GECC”) (NASDAQ: GECC) announced today that it has caused notices to be issued to the holders of its 6.50% Notes due 2024 (CUSIP No. 390320 505; NASDAQ: GECCN) (the “Notes”) regarding the Company's exercise of its conditional option to redeem, in whole, the issued and outstanding Notes, pursuant to Section 1104 of the Indenture, dated as of September 18, 2017, by and between the Company and Equiniti Trust Company, LLC (f/k/a American Stock Transfer & Trust Company, LLC), as trustee (the “Trustee”), and Section 1.01(h) of the Third Supplemental Indenture, dated as of June 19, 2019, by and between the Company and the Trustee. The Company will redeem all of the issued and outstanding Notes on September 7, 2023 (the “Redemption Date”), subject to the condition precedent that the Company closes its public offering of 8.75% Notes due 2028 with sufficient proceeds to pay the redemption price for the Notes, plus accrued and unpaid interest, if any, to, but excluding the Redemption Date, on the Redemption Date. The Notes will be redeemed at 100% of their principal amount, plus accrued and unpaid interest thereon from June 30, 2023, through, but excluding, the Redemption Date. Questions relating to the notice of redemption should be directed to Equiniti Trust Company, LLC via telephone at 1 (800) 937–5449.

Great Elm Capital Corp. Announces Conditional Redemption of 6.50% Notes due 2024

Great Elm Capital (GECC) came out with quarterly earnings of $0.44 per share, beating the Zacks Consensus Estimate of $0.38 per share. This compares to earnings of $0.23 per share a year ago.

Great Elm Capital (GECC) Q2 Earnings and Revenues Beat Estimates

WALTHAM, Mass., Aug. 03, 2023 (GLOBE NEWSWIRE) -- Great Elm Capital Corp. (“we,” “our,” the “Company” or “GECC,”) (NASDAQ: GECC), a business development company, today announced its financial results for the second quarter ended June 30, 2023.

Great Elm Capital Corp. Announces Second Quarter 2023 Financial Results

Conference Call Scheduled for Thursday, August 3, 2023 at 8:30 a.m. ET Conference Call Scheduled for Thursday, August 3, 2023 at 8:30 a.m. ET

Great Elm Capital Corp. (“GECC”) Schedules Second Quarter 2023 Earnings Release and Conference Call

Cohen & Co.

Icahn Enterprises

While passive income typically represents a solid goal for most investors, the below doomed dividend stocks to avoid confirm that there's no such thing as a risk-free sector. It's like buying a used car.

3 Doomed Dividend Stocks Destined for Disaster

Great Elm Capital Corporation (NASDAQ:GECC ) Q1 2023 Earnings Conference Call May 4, 2023 8:30 AM ET Company Participants Garrett Edson - Investor Relations ICR Matt Kaplan - President and Chief Executive Officer Keri Davis - Chief Financial Officer and Treasurer Michael Keller - President, Great Elm Specialty Finance Adam Kleinman - Chief Compliance Officer Operator Greetings and welcome to the Great Elm Capital Corp. First Quarter 2023 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.

Great Elm Capital Corporation (GECC) Q1 2023 Earnings Call Transcript

Great Elm Capital (GECC) came out with quarterly earnings of $0.37 per share, beating the Zacks Consensus Estimate of $0.35 per share. This compares to earnings of $1.31 per share a year ago.

Great Elm Capital (GECC) Tops Q1 Earnings and Revenue Estimates

WALTHAM, Mass., May 04, 2023 (GLOBE NEWSWIRE) -- Great Elm Capital Corp. (“we,” “our,” the “Company” or “GECC,”) (NASDAQ: GECC), a business development company, today announced its financial results for the first quarter ended March 31, 2023.

Great Elm Capital Corp. Announces First Quarter 2023 Financial Results

WALTHAM, Mass., April 11, 2023 (GLOBE NEWSWIRE) -- Great Elm Capital Corp. (the “Company” or “GECC”) (NASDAQ: GECC) announced today that its 2023 Annual Stockholders' Meeting will be held on June 1, 2023. The notice of annual meeting and proxy statement containing the meeting details are expected to be available on or about April 21, 2023 to stockholders of record as of the close of business on April 10, 2023.

Great Elm Capital Corp. Announces Date of Annual Meeting of Stockholders

Rithm Capital Corp

ZIM Integrated Shipping Services

Devon Energy

Global Medical REIT

LyondellBasell Industries

Philip Morris

In general, investors who park their capital in dividend stocks tend to be more conservative with their money. They tend to like the dependable dividends paid from their stock holdings, often used as income.

7 High-Yield Dividend Stocks to Buy for Income Investors

Great Elm Capital Corporation (NASDAQ:GECC ) Q4 2022 Earnings Conference Call March 2, 2023 8:30 AM ET Company Participants Garrett Edson - Investor Relations Matt Kaplan - President and Chief Executive Officer Keri Davis - Chief Financial Officer and Treasurer Adam Kleinman - Chief Compliance Officer Michael Keller - President, Great Elm Specialty Finance Conference Call Participants Operator Greetings, and welcome to the Great Elm Capital Corp. Fourth Quarter 2022 Financial Results. At this time, all participants are in a listen-only mode.

Great Elm Capital Corporation (GECC) Q4 2022 Earnings Call Transcript

Company to Host Conference Call and Webcast at 8:30 AM ET Today Company to Host Conference Call and Webcast at 8:30 AM ET Today

Great Elm Capital Corp. Announces Fourth Quarter and Full Year 2022 Financial Results

Arch Resources

Algoma Steel Group

Peabody Energy

Douglas Elliman

Great Elm Group

Randall Smith is a hedge fund manager and the founder and chief of investments of Alden Global Capital.

These Are the Top Holdings of Randall Smith

Great Elm Capital Corp. (NASDAQ:GECC ) Q3 2022 Earnings Conference Call November 3, 2022 11:00 AM ET Company Participants Garrett Edson - Investor Relations Matt Kaplan - Chief Executive Officer Keri Davis - Chief Financial Officer Adam Kleinman - President, Great Elm Capital Management Mike Keller - President, Great Elm Specialty Finance Operator Greetings. Welcome to the Great Elm Capital Corp. Third Quarter 2022 Financial Results.

Great Elm Capital Corp. (GECC) Q3 2022 Earnings Call Transcript

Company to Host Quarterly Conference Call and Webcast at 11:00 AM ET Today Company to Host Quarterly Conference Call and Webcast at 11:00 AM ET Today

Great Elm Capital Corp. Announces Third Quarter 2022 Financial Results

Conference Call Scheduled for Thursday, November 3, 2022 at 11:00 a.m. ET Conference Call Scheduled for Thursday, November 3, 2022 at 11:00 a.m. ET

Great Elm Capital Corp. (“GECC”) Schedules Third Quarter 2022 Earnings Release and Conference Call

Great Ajax

Great Ajax Corp. 7.25 % Convertible Notes 2017-30.04.24 Global

Argo Blockchain PLC

Bitwise Crypto Innovators ETF

Amplify Transformational Data Sharing ETF

Clarus

ProShares UltraShort FTSE Europe

My current view of securities discussed in my Seeking Alpha articles from earlier in 2022 are presented. Such securities include BLOK, CLAR, BITQ, AJX, AJXA, GECC and EPV.

News for Great Elm Capital ETF (GECC)