Great Elm Group FY27 first-quarter net loss narrows 48% year over year to $4.15 million
GEG•Great Elm Group reported a first-quarter net loss attributable to stockholders of $4.15 million, narrowed 41% year over year, while revenue fell 69% to $3.34 million.
1. Quarterly results
Great Elm Group’s FY27 first-quarter net loss attributable to stockholders narrowed 41% year over year to $4.15 million. Revenue fell 69% to $3.34 million; the prior-year period included a $7.4 million build-to-suit property sale. Fee-paying assets under management declined 5% to $564 million, and total assets under management fell 3% to $760 million.
2. Monomoy activity
Monomoy REIT acquired four properties during the quarter, and its acquisition pipeline reached nearly $90 million, its largest to date.
