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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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TTENK/calls
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Home›GECC›Financials
Annual statements · SEC XBRL · FY2020 – FY2025

Great Elm Capital Corp. (GECC) financials

Income statement

Great Elm Capital Corp. (GECC) income statement, annual, from SEC filings
Fiscal yearFY2020FY2021FY2022FY2023FY2024FY2025
Net income-$32.0M-$10.3M-$15.6M$25.3M$3.55M-$31.8M
EPS (diluted)-$14.41-$2.52-$2.49$3.33$0.36-$2.57

Cash flow

Great Elm Capital Corp. (GECC) cash flow, annual, from SEC filings
Fiscal yearFY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$27.4M-$58.5M-$41.8M$25.7M-$82.7M-$2.81M
Dividends paid$4.99M$9.93M$13.0M$10.6M$15.1M$19.2M

Balance sheet

Great Elm Capital Corp. (GECC) balance sheet, annual, from SEC filings
Fiscal yearFY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$52.6M$9.13M$587K$953K$0.00$1.83M
Total assets—$426M$310M$247M$342M$341M
Total liabilities—$352M$225M$148M$206M$228M
Shareholders' equity—$74.6M$84.8M$98.7M$136M$113M
Retained earnings—$9.74M$13.0M$11.4M$14.9M—
Shares (wtd avg diluted)2.22M4.07M6.25M7.60M9.84M12.4M

Every figure is extracted from Great Elm Capital Corp.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

Does GECC pay a dividend?
Yes — Great Elm Capital Corp. paid $19.2M in cash dividends during FY2025, per its SEC cash-flow statement.
Full GECC analysis — verdict, score & filings →Is GECC a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.