Great Elm Capital Corp. 7.75% Notes Due 2030 (GECCG) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	(15.1M)	44.5M	23.4M	41.9M	24.4M
Cost of Revenue	13.2M	10.5M	13.4M	10.1M	9.4M
Gross Profit	(28.3M)	34.0M	10.0M	31.8M	(14.8M)
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	4.4M	1.6M	4.6M	4.6M	4.1M
General & Admin Expense	4.4M	1.6M	4.6M	4.6M	4.1M
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	1.6M	45.2M	1.8M	1.9M	(3.3M)
Total Operating Expenses	6.0M	46.8M	6.4M	6.5M	820.0K
Cost and Expenses	19.2M	57.3M	19.8M	16.6M	10.2M
Operating Income (EBIT)	(34.4M)	(12.8M)	3.6M	25.3M	(15.6M)
Non-Operating
Interest Income	32.7M	50.0M	31.5M	28.9M	18.7M
Interest Expense	15.6M	18.4M	14.9M	10.1M	9.4M
Net Interest Income	17.1M	31.6M	16.7M	18.8M	9.3M
Other Non-Op Income/Expense	(3.9M)	(18.4M)	—	287.0K	252.0K
Non-Operating Income (excl Interest)	—	—	—	—	—
EBT (Pre-Tax Income)	(38.2M)	(31.2M)	3.6M	25.6M	(15.3M)
Income Tax Expense	83.0K	579.0K	—	287.0K	252.0K
Bottom Line
Net Income	(38.3M)	(31.8M)	3.6M	25.3M	(15.6M)
Earnings from Cont. Ops	(38.3M)	(31.8M)	3.6M	25.3M	(15.6M)
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	(38.3M)	(31.8M)	3.6M	25.3M	(15.6M)
Per Share
Basic EPS	($3.22)	($2.57)	$0.36	$3.33	($2.49)
Diluted EPS	($3.22)	($2.57)	$0.36	$3.33	($2.49)
Revenue Per Share	($1.31)	$3.60	$2.38	$5.52	$3.91
Shares
Basic Shares Outstanding	11.5M	12.4M	9.8M	7.6M	6.3M
Diluted Shares Outstanding	11.5M	12.4M	9.8M	7.6M	6.3M
Profitability Metrics
EBITDA	(34.4M)	(12.8M)	3.6M	25.3M	(15.6M)
D&A	—	—	—	—	—
EBIT	(34.4M)	(12.8M)	3.6M	25.3M	(15.6M)

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026