Great Elm (GEG) Divestments (2022 - 2024)
Great Elm (GEG) posted Divestments of -$587000.0 for Q1 2024, down 63.06% on a QoQ basis from -$360000.0 in Q3 2023, and down 100.82% year-over-year from $71.3 million in Q2 2023.
Great Elm (GEG) Divestments (2022 - 2024) Analysis & Trends
Great Elm's Divestments history runs 3 years deep, the most recent figure standing at -$587000.0 for Q1 2024.
- Quarterly Divestments fell 100.82% year-over-year to -$587000.0 in Q1 2024, while the trailing twelve-month figure through Jun 2024 was -$947000.0 (down 101.41% YoY) and the FY2024 annual result came in at -$947000.0, down 101.41% from the prior year.
- Divestments was -$587000.0 for Q1 2024 at Great Elm, down from -$360000.0 in the prior quarter.
- Across five years, Divestments topped out at $71.3 million in Q1 2023 and bottomed at -$2.3 million in Q3 2022.
- A 3-year average of $9.0 million and a median of -$1.4 million in 2022 frame the typical range for Divestments.
- Annual changes were most pronounced in 2023 — Divestments jumped 5184.24% — and 2024, when it plunged 100.82%.
- Great Elm's Divestments stood at -$1.8 million in 2022, then surged by 79.91% to -$360000.0 in 2023, then tumbled by 63.06% to -$587000.0 in 2024.
- Business Quant data shows GEG's Divestments at -$587000.0 in Q1 2024, -$360000.0 in Q3 2023, and $71.3 million in Q1 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Divestments (Qtr) |
|---|---|---|---|---|---|
| 1 | Brookfield | 1,236.60 Bn | 1,311.20 Bn | 18.56 Bn | - |
| 2 | BlackRock | 161.01 Bn | 148.08 Bn | - | 90.00 Mn |
| 3 | Blackstone | 97.77 Bn | 96.72 Bn | - | - |
| 4 | Apollo Global Management | 70.80 Bn | 90.38 Bn | -409.00 Mn | - |
| 5 | State Street | 51.30 Bn | 51.30 Bn | - | - |
| 6 | Ameriprise Financial | 48.54 Bn | 39.27 Bn | 4.57 Bn | 18.00 Mn |
| 7 | Northern Trust | 32.93 Bn | 32.93 Bn | - | - |
| 8 | Raymond James Financial | 32.59 Bn | 17.67 Bn | - | - |
| 9 | Price T Rowe | 24.70 Bn | 21.13 Bn | - | - |
| 10 | Great Elm | 67.56 Mn | 67.56 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | -587,000.00 |
| Sep 30, 2023 | -360,000.00 |
| Mar 31, 2023 | 71.28 Mn |
| Dec 31, 2022 | -1.79 Mn |
| Sep 30, 2022 | -2.26 Mn |
| Jun 30, 2022 | -2.21 Mn |
| Mar 31, 2022 | -1.40 Mn |