<span item_type="fundamental" item_id="49ada267c889987a43f76f87b0287fc9" counter_id="ST/US/GECC" env="prod"></span><span item_type="announcement" item_id="579182056758513921" env="prod"></span><p>Revenue: As of FY2025 Q3, the actual value is USD 10.64 M, beating the estimate of USD 10.25 M.</p><p>EPS: As of FY2025 Q3, the actual value is USD -1.79, missing the estimate of USD 0.24.</p><p>EBIT: As of FY2025 Q3, the actual value is USD 573 K.</p><p></p><h3>Financial Metrics by Segment</h3><h4>Segment Revenue</h4><ul><li>Total investment income for the quarter ended September 30, 2025, was $10.6 million, compared to $14.3 million for the quarter ended June 30, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1675033/000119312525264872/gecc-ex99_1.htm"></span></li></ul><h4>Operational Metrics</h4><ul><li>Net investment income (NII) for the quarter ended September 30, 2025, was $2.4 million, or $0.20 per share, compared to $5.9 million, or $0.51 per share, for the quarter ended June 30, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1675033/000119312525264872/gecc-ex99_1.htm"></span></li><li>Net assets were $140.1 million, or $10.01 per share, on September 30, 2025, compared to $140.0 million, or $12.10 per share, on June 30, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1675033/000119312525264872/gecc-ex99_1.htm"></span></li><li>The decrease in net asset value (NAV) per share was primarily driven by unrealized losses on First Brands investments.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1675033/000119312525264872/gecc-ex99_1.htm"></span></li><li>GECC’s asset coverage ratio was 168.2% as of September 30, 2025, compared to 169.5% as of June 30, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1675033/000119312525264872/gecc-ex99_1.htm"></span></li></ul><h4>Cash Flow</h4><ul><li>As of September 30, 2025, cash and money market fund investments totaled approximately $24.3 million.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1675033/000119312525264872/gecc-ex99_1.htm"></span></li><li>GECC had availability of $50.0 million on its revolving line of credit as of September 30, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1675033/000119312525264872/gecc-ex99_1.htm"></span></li></ul><h4>Unique Metrics</h4><ul><li>GECC received $1.5 million of cash distributions from the CLO JV in the quarter ended September 30, 2025, compared to $4.3 million in the quarter ended June 30, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1675033/000119312525264872/gecc-ex99_1.htm"></span></li><li>In the fourth quarter through November 3rd, GECC received $4.3 million of cash distributions from the CLO JV.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1675033/000119312525264872/gecc-ex99_1.htm"></span></li></ul><h4>Outlook / Guidance</h4><ul><li>NII is expected to recover in the fourth quarter with normalized interest expense, increased CLO JV distributions, and income from new deployments.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1675033/000119312525264872/gecc-ex99_1.htm"></span></li><li>GECC has ample liquidity and leverage consistent with historical operating levels at approximately 1.5x debt-to-equity.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1675033/000119312525264872/gecc-ex99_1.htm"></span></li><li>The company is well-positioned to deploy capital into additional cash-generating investments.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1675033/000119312525264872/gecc-ex99_1.htm"></span></li></ul>

Great ELM Capital | 8-K: FY2025 Q3 Revenue Beats Estimate at USD 10.64 M