Great Elm (GEG) Divestments (2022 - 2024)
Great Elm (GEG) reported Divestments of -$587000.0 for Q1 2024, down 100.82% on a YoY basis from $71.3 million in Q2 2023, and down 63.06% quarter-over-quarter from -$360000.0 in Q3 2023.
Great Elm (GEG) Divestments (2022 - 2024) Analysis & Trends
Great Elm has reported Divestments for 3 years, with the latest figure at -$587000.0 in Q1 2024.
- For the quarter ending Q1 2024, Divestments fell 100.82% year-over-year to -$587000.0; the trailing twelve-month figure through Jun 2024 stood at -$947000.0 (down 101.41% YoY), and the FY2024 full-year result was -$947000.0, down 101.41% from the prior year.
- Divestments for Q1 2024 stood at -$587000.0, down from -$360000.0 in the prior quarter.
- The five-year high for Divestments was $71.3 million in Q1 2023, with the low at -$2.3 million in Q3 2022.
- Historically, Divestments has averaged $9.0 million across 3 years, with a median of -$1.4 million in 2022.
- Annual changes were most pronounced in 2023 — Divestments jumped 5184.24% — and 2024, when it sank 100.82%.
- Great Elm's Divestments stood at -$1.8 million in 2022, then soared by 79.91% to -$360000.0 in 2023, then sank by 63.06% to -$587000.0 in 2024.
- The last three Divestments figures came in at -$587000.0 (Q1 2024), -$360000.0 (Q3 2023), and $71.3 million (Q1 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Divestments (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 163.18 Bn | 153.56 Bn | - | 90.00 Mn |
| 2 | Blackstone | 96.85 Bn | 95.80 Bn | - | - |
| 3 | Kkr | 86.45 Bn | 133.96 Bn | - | - |
| 4 | Apollo Global Management | 82.30 Bn | 101.04 Bn | 5.04 Bn | - |
| 5 | State Street | 46.95 Bn | 21.27 Bn | - | - |
| 6 | Ameriprise Financial | 43.65 Bn | 43.52 Bn | 4.57 Bn | - |
| 7 | Northern Trust | 31.92 Bn | 31.92 Bn | - | - |
| 8 | Raymond James Financial | 30.62 Bn | 19.37 Bn | - | - |
| 9 | Ares Management | 29.04 Bn | 32.41 Bn | - | - |
| 10 | Great Elm | 86.44 Mn | 40.92 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 |