Great Elm Capital Corp. (GECC)

Great Elm Capital Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	-7.95	3.55	25.33	-15.58	-10.28	-31.96
Other Amortization	2.74	1.5	1.63	1.31	1.5	1.15
Loss (Gain) From Sale of Investments	20.08	6.46	-15.17	24.69	18.6	35.33
Other Operating Activities	-2.48	-94.11	7.69	-44.22	-63.56	22.89
Change in Accounts Receivable	-0.41	-0.56	1.42	-1.18	-0.93	-0.06
Change in Other Net Operating Assets	-1.94	0.49	4.77	-6.78	-3.82	0.02
Operating Cash Flow	10.02	-82.67	25.68	-41.76	-58.49	27.39
Long-Term Debt Issued	-	102.9	40.41	10	65.23	-
Long-Term Debt Repaid	-	-50.61	-54.82	-	-40.29	-4.07
Total Debt Repaid	-119.61	-50.61	-54.82	-	-40.29	-4.07
Net Debt Issued (Repaid)	-28.18	52.29	-14.42	10	24.94	-4.07
Issuance of Common Stock	40.33	48.71	-	37.51	-	31.75
Common Dividends Paid	-18.1	-15.08	-10.64	-13.02	-9.93	-4.99
Other Financing Activities	-4.37	-4.21	-0.26	-1.29	-0.55	-1.5
Financing Cash Flow	-10.33	81.72	-25.32	33.2	14.45	21.19
Net Cash Flow	-0.31	-0.95	0.37	-8.56	-44.04	48.58
Cash Interest Paid	15.48	13.39	10.09	9.36	9.23	8
Levered Free Cash Flow	22.81	11.5	-50.53	-133.16	130.35	8.41
Unlevered Free Cash Flow	31.61	19.3	-44.82	-127.79	135.37	12.96
Change in Working Capital	-2.35	-0.07	6.2	-7.96	-4.75	-0.04

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q