GECC: Great Elm Capital Corp Financial Statements
Balance sheet, income statement, and cash flow statements for Great Elm Capital Corp (GECC).
$114.84M Market Cap.
GECC Market Cap. (MRY)
GECC Shares Outstanding (MRY)
GECC Assets (MRY)
Total Assets
$342.03M
Total Liabilities
$205.91M
Total Investments
$332.71M
GECC Income (MRY)
Revenue
$39.32M
Net Income
$3.55M
Operating Expense
$4.60M
GECC Cash Flow (MRY)
CF Operations
-$82.67M
CF Investing
$0
CF Financing
$81.72M
GECC Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $342,028,000 (38.57%) | $246,825,000 (-20.41%) | $310,112,000 (-27.26%) | $426,314,000 (50.47%) |
Assets Current | - | - | - | - |
Assets Non-Current | - | - | - | - |
Goodwill & Intangible Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Shareholders Equity | $136,113,000 (37.85%) | $98,739,000 (16.43%) | $84,809,000 (13.75%) | $74,556,000 (-6.35%) |
Property Plant & Equipment Net | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Cash & Equivalents | $0 (0%) | $953,000 (62.35%) | $587,000 (-93.58%) | $9,145,000 (-82.80%) |
Accumulated Other Comprehensive Income | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $332,710,000 (37.81%) | $241,419,000 (-19.82%) | $301,084,000 (-26.95%) | $412,144,000 (81.84%) |
Investments Current | - | - | - | - |
Investments Non-Current | - | - | - | - |
Inventory | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Trade & Non-Trade Receivables | $5,621,000 (199.31%) | $1,878,000 (2.23%) | $1,837,000 (-25.29%) | $2,459,000 (193.79%) |
Trade & Non-Trade Payables | $14,868,000 (121.48%) | $6,713,000 (-90.63%) | $71,629,000 (-65.80%) | $209,441,000 (139.74%) |
Accumulated Retained Earnings (Deficit) | -$196,113,000 (-5.93%) | -$185,132,000 (7.14%) | -$199,374,000 (-16.58%) | -$171,020,000 (-13.17%) |
Tax Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Tax Liabilities | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Debt | $189,695,000 (35.29%) | $140,214,000 (-8.45%) | $153,152,000 (7.86%) | $141,998,000 (22.77%) |
Debt Current | - | - | - | - |
Debt Non-Current | - | - | - | - |
Total Liabilities | $205,915,000 (39.05%) | $148,086,000 (-34.27%) | $225,303,000 (-35.95%) | $351,758,000 (72.67%) |
Liabilities Current | - | - | - | - |
Liabilities Non-Current | - | - | - | - |
GECC Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $39,323,000 (9.76%) | $35,825,000 (46.65%) | $24,429,000 (-3.27%) | $25,254,000 (10.29%) |
Cost of Revenue | $7,036,000 (5.47%) | $6,671,000 (715.41%) | -$1,084,000 (5.00%) | -$1,141,000 (-132.31%) |
Selling General & Administrative Expense | $1,587,000 (-8.11%) | $1,727,000 (49.78%) | $1,153,000 (27.26%) | $906,000 (-2.27%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $4,604,000 (0.46%) | $4,583,000 (11.51%) | $4,110,000 (13.10%) | $3,634,000 (18.22%) |
Interest Expense | $14,882,000 (26.74%) | $11,742,000 (9.84%) | $10,690,000 (2.51%) | $10,428,000 (14.27%) |
Income Tax Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | $3,553,000 (-85.97%) | $25,333,000 (262.57%) | -$15,583,000 (-51.66%) | -$10,275,000 (67.85%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | $3,553,000 (-85.97%) | $25,333,000 (262.57%) | -$15,583,000 (-51.66%) | -$10,275,000 (67.85%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | $3,553,000 (-85.97%) | $25,333,000 (262.57%) | -$15,583,000 (-51.66%) | -$10,275,000 (67.85%) |
Weighted Average Shares | $9,844,014 (29.49%) | $7,601,958 (21.60%) | $6,251,391 (53.47%) | $4,073,454 (83.63%) |
Weighted Average Shares Diluted | $9,844,014 (29.49%) | $7,601,958 (21.60%) | $6,251,391 (53.47%) | $4,073,454 (83.63%) |
Earning Before Interest & Taxes (EBIT) | $18,435,000 (-50.28%) | $37,075,000 (857.72%) | -$4,893,000 (-3298.04%) | $153,000 (100.67%) |
Gross Profit | $32,287,000 (10.75%) | $29,154,000 (14.27%) | $25,513,000 (-3.34%) | $26,395,000 (36.30%) |
Operating Income | $27,683,000 (12.67%) | $24,571,000 (14.80%) | $21,403,000 (-5.97%) | $22,761,000 (39.71%) |
GECC Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Cash Flow from Financing | $81,719,000 (422.78%) | -$25,317,000 (-176.26%) | $33,197,000 (129.71%) | $14,452,000 (-31.79%) |
Net Cash Flow from Operations | -$82,672,000 (-421.89%) | $25,683,000 (161.51%) | -$41,755,000 (28.61%) | -$58,489,000 (-313.56%) |
Net Cash Flow / Change in Cash & Cash Equivalents | -$953,000 (-360.38%) | $366,000 (104.28%) | -$8,558,000 (80.57%) | -$44,037,000 (-190.66%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Capital Expenditure | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Issuance (Repayment) of Debt Securities | $48,081,000 (427.66%) | -$14,674,000 (-268.42%) | $8,713,000 (-64.27%) | $24,386,000 (538.05%) |
Issuance (Purchase) of Equity Shares | $48,713,000 (0%) | $0 (0%) | $37,507,000 (0%) | $0 (0%) |
Payment of Dividends & Other Cash Distributions | -$15,075,000 (-41.64%) | -$10,643,000 (18.28%) | -$13,023,000 (-31.10%) | -$9,934,000 (-98.96%) |
Effect of Exchange Rate Changes on Cash | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Share Based Compensation | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Depreciation Amortization & Accretion | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
GECC Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 82.10% (0.86%) | 81.40% (-22.03%) | 104.40% (-0.10%) | 104.50% (23.52%) |
Profit Margin | 9.00% (-87.27%) | 70.70% (210.82%) | -63.80% (-56.76%) | -40.70% (70.85%) |
EBITDA Margin | 46.90% (-54.69%) | 103.50% (617.50%) | -20.00% (-3433.33%) | 0.60% (100.60%) |
Return on Average Equity (ROAE) | 2.80% (-89.51%) | 26.70% (248.33%) | -18.00% (-56.52%) | -11.50% (78.05%) |
Return on Average Assets (ROAA) | 1.00% (-88.89%) | 9.00% (283.67%) | -4.90% (-88.46%) | -2.60% (77.97%) |
Return on Sales (ROS) | 46.90% (-54.69%) | 103.50% (617.50%) | -20.00% (-3433.33%) | 0.60% (100.60%) |
Return on Invested Capital (ROIC) | 3.50% (-59.77%) | 8.70% (890.91%) | -1.10% (0%) | 0% (0%) |
Dividend Yield | 13.20% (-6.38%) | 14.10% (-40.00%) | 23.50% (80.77%) | 13.00% (-53.07%) |
Price to Earnings Ratio (P/E) | 30.53 (854.86%) | 3.2 (196.03%) | -3.33 (54.60%) | -7.33 (-389.19%) |
Price to Sales Ratio (P/S) | 2.75 (21.78%) | 2.26 (6.51%) | 2.12 (-28.85%) | 2.98 (42.43%) |
Price to Book Ratio (P/B) | 0.84 (2.93%) | 0.82 (10.36%) | 0.74 (-33.18%) | 1.11 (11.87%) |
Debt to Equity Ratio (D/E) | 1.51 (0.87%) | 1.5 (-43.55%) | 2.66 (-43.68%) | 4.72 (84.37%) |
Earnings Per Share (EPS) | 0.36 (-89.19%) | 3.33 (233.73%) | -2.49 (1.19%) | -2.52 (82.51%) |
Sales Per Share (SPS) | 4 (-15.23%) | 4.71 (20.60%) | 3.91 (-36.97%) | 6.2 (-39.93%) |
Free Cash Flow Per Share (FCFPS) | -8.4 (-348.61%) | 3.38 (150.58%) | -6.68 (53.49%) | -14.36 (-216.30%) |
Book Value Per Share (BVPS) | 13.83 (6.45%) | 12.99 (-4.25%) | 13.57 (-25.88%) | 18.3 (-49.00%) |
Tangible Assets Book Value Per Share (TABVPS) | 34.74 (7.01%) | 32.47 (-34.55%) | 49.61 (-52.60%) | 104.66 (-18.06%) |
Enterprise Value Over EBIT (EV/EBIT) | 19 (216.67%) | 6 (114.29%) | -42 (-103.00%) | 1,399 (17587.50%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 18.69 (216.21%) | 5.91 (114.15%) | -41.77 (-102.99%) | 1,398.68 (17706.70%) |
Asset Turnover | 0.11 (-10.24%) | 0.13 (64.94%) | 0.08 (22.22%) | 0.06 (-25.88%) |
Current Ratio | - | - | - | - |
Dividends | $1.45 (-3.33%) | $1.5 (-23.08%) | $1.95 (-18.75%) | $2.4 (-59.84%) |
Free Cash Flow (FCF) | -$82,672,000 (-421.89%) | $25,683,000 (161.51%) | -$41,755,000 (28.61%) | -$58,489,000 (-313.56%) |
Enterprise Value (EV) | $344,505,224 (57.23%) | $219,107,843 (7.21%) | $204,380,232 (-4.49%) | $213,997,457 (18.00%) |
Earnings Before Tax (EBT) | $3,553,000 (-85.97%) | $25,333,000 (262.57%) | -$15,583,000 (-51.66%) | -$10,275,000 (67.85%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $18,435,000 (-50.28%) | $37,075,000 (857.72%) | -$4,893,000 (-3298.04%) | $153,000 (100.67%) |
Invested Capital | $531,723,000 (37.72%) | $386,086,000 (-16.55%) | $462,677,000 (-17.26%) | $559,167,000 (61.70%) |
Working Capital | - | - | - | - |
Tangible Asset Value | $342,028,000 (38.57%) | $246,825,000 (-20.41%) | $310,112,000 (-27.26%) | $426,314,000 (50.47%) |
Market Capitalization | $114,843,224 (41.92%) | $80,922,843 (28.41%) | $63,020,232 (-23.95%) | $82,869,457 (4.75%) |
Average Equity | $126,685,750 (33.41%) | $94,961,500 (9.40%) | $86,804,250 (-2.79%) | $89,294,750 (46.34%) |
Average Assets | $343,675,000 (21.69%) | $282,424,500 (-10.73%) | $316,380,000 (-21.43%) | $402,673,750 (49.22%) |
Invested Capital Average | $527,595,500 (24.19%) | $424,826,750 (-7.35%) | $458,514,750 (-11.34%) | $517,185,250 (45.07%) |
Shares | 10,449,888 (37.46%) | 7,601,958 (0.00%) | 7,601,958 (69.52%) | 4,484,278 (22.44%) |
