Great Elm Group, Inc. 7.25% Notes due 2027 (GEGGL) Margin Analysis

Great Elm Group, Inc. 7.25% Notes due 2027

GEGGL (NASDAQ)

(%)

Models
Great Elm Group, Inc. 7.25% Notes due 2027 Margin Analysis

# --- Years and Quarters
assumptions.set({
    "timeseries": "annual",
    "data": {
        "#years": """
            4
        """,
        "#quarters": """
            8
        """,
    },
    "titles": {
        "#years": "Years",
        "#quarters": "Quarters",
    },
    "properties": {
        "width": "responsive",
        "title": "Years and Quarters",
        "id": "component-1",
        "bindTo": None
    },
    "descriptions": {
        "#years": r"""
The number of historical years used to render the annual chart and tables.
        """,
        "#quarters": r"""
The number of historical quarters used to render the quarterly chart and tables.
        """,
    }
})

# Render description block
model.render_description({
    "data": r"""
## Margin Analysis Report

Margins refer to the ratio between a financial report item and the revenue (example: Net Income Margin = Net Income / Revenue).

This analysis provides annual and quarterly sections for reporting key financial margins.
""",
    "properties": {
        "width": "responsive"
    }
})

# Render description block
model.render_description({
    "data": r"""
## Annual Section

The annual section uses annual data to calculate margins and growth rates.
""",
    "properties": {
        "width": "full"
    }
})

# --- Income Statement Margins
data.compute({
    "user:%revenueGrowthRate": """
        ( income:revenue / income:revenue:-1 ) - 1
    """,
    "user:%grossMargin": """
        income:grossProfit / income:revenue
    """,
    "user:%operatingMargin": """
        income:operatingIncome / income:revenue
    """,
    "user:%netMargin": """
        income:netIncome / income:revenue
    """,
}, forecast=0, timeseries="annual")

model.render_table({
    "timeseries": "annual",
    "data": {
        "income:revenue": "Revenue",
        "user:%revenueGrowthRate": "Revenue Growth Rate",
        "income:costOfRevenue": "Cost of Revenue",
        "income:grossProfit": "Gross Profit",
        "user:%grossMargin": "Gross Margin",
        "income:operatingIncome": "Operating Income",
        "user:%operatingMargin": "Operating Margin",
        "income:netIncome": "Net Income",
        "user:%netMargin": "Net Margin",
    },
    "start": data.get("""
        -assumption:#years
    """),
    "end": 0,
    "properties": {
        "title": "Income Statement Margins",
        "order": "descending",
        "number_format": "M",
        "include_ltm": True,
        "display_averages": False,
        "width": "responsive"
    }
})

# --- Cash Flow Statement Margins
data.compute({
    "user:%cashFromOperatingActivitiesMargin": """
        flow:netCashProvidedByOperatingActivities / income:revenue
    """,
    "user:%freeCashFlowMargin": """
        flow:freeCashFlow / income:revenue
    """,
    "user:%depreciationAndAmortizationMargin": """
        flow:depreciationAndAmortization / income:revenue
    """,
    "user:%capitalExpenditureMargin": """
        flow:capitalExpenditure / income:revenue
    """,
}, forecast=0, timeseries="annual")

model.render_table({
    "timeseries": "annual",
    "data": {
        "income:revenue": "Revenue",
        "flow:netCashProvidedByOperatingActivities": "Cash from Operating Activities",
        "user:%cashFromOperatingActivitiesMargin": "Cash from Operating Activities Margin",
        "flow:freeCashFlow": "Free Cash Flow",
        "user:%freeCashFlowMargin": "Free Cash Flow Margin",
        "flow:depreciationAndAmortization": "Depreciation and Amortization",
        "user:%depreciationAndAmortizationMargin": "Depreciation and Amortization Margin",
        "flow:capitalExpenditure": "Capital Expenditure",
        "user:%capitalExpenditureMargin": "Capital Expenditure Margin",
    },
    "start": data.get("""
        -assumption:#years
    """),
    "end": 0,
    "properties": {
        "title": "Cash Flow Statement Margins",
        "order": "descending",
        "number_format": "M",
        "include_ltm": True,
        "display_averages": False,
        "width": "responsive"
    }
})

model.render_chart({
    "timeseries": "annual",
    "data": {
        "user:%grossMargin": "Gross Margin",
        "user:%operatingMargin": "Operating Margin",
        "user:%netMargin": "Net Margin",
        "user:%freeCashFlowMargin": "Free Cash Flow Margin",
    },
    "start": data.get("""
        -assumption:#years
    """),
    "end": 0,
    "properties": {
        "title": "Annual Chart",
        "include_ltm": False,
        "set_editable": [],
        "hidden_keys": [],
        "bar_keys": ["user:%grossMargin", "user:%operatingMargin", "user:%netMargin", "user:%freeCashFlowMargin"],
        "width": "full"
    }
})

# Render description block
model.render_description({
    "data": r"""
## Quarterly Section

The quarterly section uses quarterly data to calculate margins and growth rates.
""",
    "properties": {
        "width": "full"
    }
})

model.render_table({
    "timeseries": "quarterly",
    "data": {
        "income:revenue": "Revenue",
        "user:%revenueGrowthRate": "Revenue Growth Rate",
        "income:costOfRevenue": "Cost of Revenue",
        "income:grossProfit": "Gross Profit",
        "user:%grossMargin": "Gross Margin",
        "income:operatingIncome": "Operating Income",
        "user:%operatingMargin": "Operating Margin",
        "income:netIncome": "Net Income",
        "user:%netMargin": "Net Margin",
    },
    "start": data.get("""
        -assumption:#quarters
    """),
    "end": 0,
    "properties": {
        "title": "Income Statement Margins",
        "order": "descending",
        "number_format": "M",
        "display_averages": False,
        "width": "responsive"
    }
})

model.render_table({
    "timeseries": "quarterly",
    "data": {
        "income:revenue": "Revenue",
        "flow:netCashProvidedByOperatingActivities": "Cash from Operating Activities",
        "user:%cashFromOperatingActivitiesMargin": "Cash from Operating Activities Margin",
        "flow:freeCashFlow": "Free Cash Flow",
        "user:%freeCashFlowMargin": "Free Cash Flow Margin",
        "flow:depreciationAndAmortization": "Depreciation and Amortization",
        "user:%depreciationAndAmortizationMargin": "Depreciation and Amortization Margin",
        "flow:capitalExpenditure": "Capital Expenditure",
        "user:%capitalExpenditureMargin": "Capital Expenditure Margin",
    },
    "start": data.get("""
        -assumption:#quarters
    """),
    "end": 0,
    "properties": {
        "title": "Cash Flow Statement Margins",
        "order": "descending",
        "number_format": "M",
        "display_averages": False,
        "width": "responsive"
    }
})

model.render_chart({
    "timeseries": "quarterly",
    "data": {
        "user:%grossMargin": "Gross Margin",
        "user:%operatingMargin": "Operating Margin",
        "user:%netMargin": "Net Margin",
        "user:%freeCashFlowMargin": "Free Cash Flow Margin",
    },
    "start": data.get("""
        -assumption:#quarters
    """),
    "end": 0,
    "properties": {
        "title": "Quarterly Chart",
        "set_editable": [],
        "hidden_keys": [],
        "bar_keys": ["user:%grossMargin", "user:%operatingMargin", "user:%netMargin", "user:%freeCashFlowMargin"],
        "width": "full"
    }
})

Years and Quarters

Years Years The number of historical years used to render the annual chart and tables.	#
Quarters Quarters The number of historical quarters used to render the quarterly chart and tables.	#

Margin Analysis Report

Margins refer to the ratio between a financial report item and the revenue (example: Net Income Margin = Net Income / Revenue).

This analysis provides annual and quarterly sections for reporting key financial margins.

Annual Section

The annual section uses annual data to calculate margins and growth rates.

Income Statement Margins

Monetary values in USD amounts except #	LTM Mar 13	2025 Jun 30	2024 Jun 30	2023 Jun 30	2022 Jun 30
Revenue	22.62	16.32	17.83	8.66	4.52
Revenue Growth Rate	38.61%	-8.51%	105.9%	91.83%	-92.58%
Cost of Revenue	12.25	16.42	16.86	10.2	6.62
Gross Profit	10.37	-0.108	0.977	-1.53	-2.1
Gross Margin	45.84%	-0.662%	5.48%	-17.7%	-46.5%
Operating Income	-11.99	-8	-7.84	-11.21	-8.74
Operating Margin	-53.01%	-49.05%	-43.95%	-129.4%	-193.6%
Net Income	-13.71	12.89	-1.39	27.73	-14.89
Net Margin	-60.61%	79.01%	-7.78%	320.1%	-329.8%

Cash Flow Statement Margins

Monetary values in USD amounts except #	LTM Mar 13	2025 Jun 30	2024 Jun 30	2023 Jun 30	2022 Jun 30
Revenue	22.62	16.32	17.83	8.66	4.52
Cash from Operating Activities	4.28	-7.47	-13.18	-2.37	29.28
Cash from Operating Activities Margin	18.94%	-45.78%	-73.93%	-27.39%	648.4%
Free Cash Flow	4.28	-7.47	-13.18	-2.43	28.45
Free Cash Flow Margin	18.94%	-45.78%	-73.93%	-28%	630%
Depreciation and Amortization	1.3	1.25	1.11	1.15	0.524
Depreciation and Amortization Margin	5.75%	7.66%	6.21%	13.3%	11.6%
Capital Expenditure	0	0	0	-0.053	-0.827
Capital Expenditure Margin	0%	0%	0%	-0.612%	-18.31%

Annual Chart

Monetary values in USD

{"sectionId": "section-chart-1", "sectionType": "chart", "title": "Annual Chart", "timeseries": "annual", "series": [{"label": "Gross Margin", "mappingKey": "user:%grossMargin", "data": [{"l": "2022", "x": "2022-06-30", "y": -46.5}, {"l": "2023", "x": "2023-06-30", "y": -17.7}, {"l": "2024", "x": "2024-06-30", "y": 5.48}, {"l": "2025", "x": "2025-06-30", "y": -0.662}], "dataType": "%", "displayAs": "bar", "dataTimeseries": "annual", "hidden": false}, {"label": "Operating Margin", "mappingKey": "user:%operatingMargin", "data": [{"l": "2022", "x": "2022-06-30", "y": -193.6}, {"l": "2023", "x": "2023-06-30", "y": -129.4}, {"l": "2024", "x": "2024-06-30", "y": -43.95}, {"l": "2025", "x": "2025-06-30", "y": -49.05}], "dataType": "%", "displayAs": "bar", "dataTimeseries": "annual", "hidden": false}, {"label": "Net Margin", "mappingKey": "user:%netMargin", "data": [{"l": "2022", "x": "2022-06-30", "y": -329.8}, {"l": "2023", "x": "2023-06-30", "y": 320.1}, {"l": "2024", "x": "2024-06-30", "y": -7.78}, {"l": "2025", "x": "2025-06-30", "y": 79.01}], "dataType": "%", "displayAs": "bar", "dataTimeseries": "annual", "hidden": false}, {"label": "Free Cash Flow Margin", "mappingKey": "user:%freeCashFlowMargin", "data": [{"l": "2022", "x": "2022-06-30", "y": 630}, {"l": "2023", "x": "2023-06-30", "y": -28}, {"l": "2024", "x": "2024-06-30", "y": -73.93}, {"l": "2025", "x": "2025-06-30", "y": -45.78}], "dataType": "%", "displayAs": "bar", "dataTimeseries": "annual", "hidden": false}], "editableDates": {}, "properties": {"display_table": false}, "width": "full"}

Quarterly Section

The quarterly section uses quarterly data to calculate margins and growth rates.

Income Statement Margins

Monetary values in USD amounts except #	2026 (Q2) Dec 31	2026 (Q1) Sep 30	2025 (Q4) Jun 30	2025 (Q3) Mar 31	2025 (Q2) Dec 31	2025 (Q1) Sep 30
Revenue	3.01	10.79	5.61	3.21	3.51	3.99
Revenue Growth Rate	-72.09%	92.37%	74.76%	-8.5%	-12.15%
Cost of Revenue	0.328	7.09	4.82	0.011	3.89	3.69
Gross Profit	2.68	3.7	0.788	3.2	-0.382	0.299
Gross Margin	89.11%	34.28%	14.05%	99.66%	-10.89%	7.49%
Operating Income	-4.23	-3.73	-1.48	-2.56	-1.98	-2
Operating Margin	-140.6%	-34.54%	-26.3%	-79.62%	-56.37%	-50%
Net Income	-15.75	-7.03	13.57	-4.5	1.18	2.64
Net Margin	-523.2%	-65.16%	242%	-140.1%	33.53%	66.11%

Cash Flow Statement Margins

Monetary values in USD amounts except #	2026 (Q2) Dec 31	2026 (Q1) Sep 30	2025 (Q4) Jun 30	2025 (Q3) Mar 31	2025 (Q2) Dec 31	2025 (Q1) Sep 30
Revenue	3.01	10.79	5.61	3.21	3.51	3.99
Cash from Operating Activities	-1.89	3.81	3.71	-1.34	-4.04	-5.79
Cash from Operating Activities Margin	-62.8%	35.35%	66.08%	-41.91%	-115.3%	-145%
Free Cash Flow	-1.89	3.81	3.71	-1.34	-4.04	-5.79
Free Cash Flow Margin	-62.8%	35.35%	66.08%	-41.91%	-115.3%	-145%
Depreciation and Amortization	0.267	0.342	0.331	0.361	0.284	0.273
Depreciation and Amortization Margin	8.87%	3.17%	5.9%	11.25%	8.1%	6.84%
Capital Expenditure	0	0	0	0	0	0
Capital Expenditure Margin	0%	0%	0%	0%	0%	0%

Quarterly Chart

Monetary values in USD

{"sectionId": "section-chart-2", "sectionType": "chart", "title": "Quarterly Chart", "timeseries": "quarterly", "series": [{"label": "Gross Margin", "mappingKey": "user:%grossMargin", "data": [{"l": "2025 (Q1)", "x": "2024-09-30", "y": 7.49}, {"l": "2025 (Q2)", "x": "2024-12-31", "y": -10.89}, {"l": "2025 (Q3)", "x": "2025-03-31", "y": 99.66}, {"l": "2025 (Q4)", "x": "2025-06-30", "y": 14.05}, {"l": "2026 (Q1)", "x": "2025-09-30", "y": 34.28}, {"l": "2026 (Q2)", "x": "2025-12-31", "y": 89.11}], "dataType": "%", "displayAs": "bar", "dataTimeseries": "quarterly", "hidden": false}, {"label": "Operating Margin", "mappingKey": "user:%operatingMargin", "data": [{"l": "2025 (Q1)", "x": "2024-09-30", "y": -50}, {"l": "2025 (Q2)", "x": "2024-12-31", "y": -56.37}, {"l": "2025 (Q3)", "x": "2025-03-31", "y": -79.62}, {"l": "2025 (Q4)", "x": "2025-06-30", "y": -26.3}, {"l": "2026 (Q1)", "x": "2025-09-30", "y": -34.54}, {"l": "2026 (Q2)", "x": "2025-12-31", "y": -140.6}], "dataType": "%", "displayAs": "bar", "dataTimeseries": "quarterly", "hidden": false}, {"label": "Net Margin", "mappingKey": "user:%netMargin", "data": [{"l": "2025 (Q1)", "x": "2024-09-30", "y": 66.11}, {"l": "2025 (Q2)", "x": "2024-12-31", "y": 33.53}, {"l": "2025 (Q3)", "x": "2025-03-31", "y": -140.1}, {"l": "2025 (Q4)", "x": "2025-06-30", "y": 242}, {"l": "2026 (Q1)", "x": "2025-09-30", "y": -65.16}, {"l": "2026 (Q2)", "x": "2025-12-31", "y": -523.2}], "dataType": "%", "displayAs": "bar", "dataTimeseries": "quarterly", "hidden": false}, {"label": "Free Cash Flow Margin", "mappingKey": "user:%freeCashFlowMargin", "data": [{"l": "2025 (Q1)", "x": "2024-09-30", "y": -145}, {"l": "2025 (Q2)", "x": "2024-12-31", "y": -115.3}, {"l": "2025 (Q3)", "x": "2025-03-31", "y": -41.91}, {"l": "2025 (Q4)", "x": "2025-06-30", "y": 66.08}, {"l": "2026 (Q1)", "x": "2025-09-30", "y": 35.35}, {"l": "2026 (Q2)", "x": "2025-12-31", "y": -62.8}], "dataType": "%", "displayAs": "bar", "dataTimeseries": "quarterly", "hidden": false}], "editableDates": {}, "properties": {"display_table": false}, "width": "full"}