Great Elm Capital Corp. 8.50% Notes DUE 2029 (GECCI) Financial Statements

Income statement

Metric	TTM	2025	2024	2023
Revenue
Total Revenue	27.9M	31.0M	31.5M	41.9M
Cost of Revenue	2.2M	2.0M	1.8M	10.1M
Gross Profit	25.7M	29.0M	29.7M	31.8M
Operating Expenses
R&D Expense	—	—	—	—
SG&A Expense	1.9M	1.6M	1.4M	4.6M
General & Admin Expense	1.9M	1.6M	1.4M	4.6M
Selling & Marketing Expense	—	—	—	—
Other Expenses	—	—	—	1.9M
Total Operating Expenses	1.9M	1.6M	1.4M	6.5M
Cost and Expenses	4.1M	3.6M	3.2M	16.6M
Operating Income (EBIT)	23.8M	27.4M	28.3M	25.3M
Non-Operating
Interest Income	—	—	—	28.9M
Interest Expense	18.0M	18.4M	14.9M	10.1M
Net Interest Income	(14.1M)	(18.4M)	(14.9M)	18.8M
Other Non-Op Income/Expense	(6.9M)	(9.5M)	(15.5M)	287.0K
Non-Operating Income (excl Interest)	4.9M	—	666.0K	—
EBT (Pre-Tax Income)	16.9M	17.9M	12.8M	25.6M
Income Tax Expense	—	—	—	287.0K
Bottom Line
Net Income	16.9M	17.9M	12.8M	25.3M
Earnings from Cont. Ops	16.9M	17.9M	12.8M	25.3M
Earnings from Discont. Ops	—	—	—	—
Bottom Line Net Income	16.9M	17.9M	12.8M	25.3M
Per Share
Basic EPS	$1.41	$1.45	$0.36	$3.33
Diluted EPS	$1.41	$1.45	$0.36	$3.33
Revenue Per Share	$2.42	$2.51	$3.20	$4.26
Shares
Basic Shares Outstanding	11.5M	12.4M	9.8M	9.8M
Diluted Shares Outstanding	11.5M	12.4M	9.8M	9.8M
Profitability Metrics
EBITDA	44.8M	40.6M	36.0M	25.3M
D&A	48.3M	40.6M	8.3M	—
EBIT	(13.5M)	—	27.7M	25.3M

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