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Global Education Communities Corp T.GEC

Alternate Symbol(s):  GECSF

Consumer Defensive Education & Training Services
Global Education Communities Corp. is a Canada-based education and student housing investment company. The Company is focused on the domestic and global education market. The Company operates business and language colleges, student-centric rental apartments, recruitment centers and corporate offices at 41 locations in Canada and abroad. Its education subsidiaries include Sprott Shaw College Corp., Sprott Shaw Language College, Vancouver International College Career Campus, and CIBT School of Business & Technology Corp. It offers over 150 educational programs in healthcare, business management, e-commerce, cyber-security, hotel management, emergency paramedic, and language training through these schools. It owns Global Education City Holdings Inc., an investment holding, and development company focused on education-related real estate. It also owns Global Education Alliance Inc. and Irix Design Group Inc. It serviced over 14,277 domestic and international students.


TSX:GEC - Post by User

Global Education Communities Corp > New report on CIBT!
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Post by JasleenDhakaon Mar 15, 2023 7:25pm
298 Views
Post# 35341353

New report on CIBT!

New report on CIBT!
Insights from the latest analysts report on CIBT:
 
• Q1-2023 revenue increased by 7% YoY to $18M, and is expected to grow by 27% this year with the completion of a development project.
 
• The Canadian residential rental market has a positive outlook due to low unemployment, rising rents, and influx of immigrants and international students.
 
• CIBT Education Group has an estimated build-out value of $1.2B and is undervalued compared to other real estate businesses based on attractive EV/R and EV/EBITDA multiples.
 
 
*FRC provides issuer-paid coverage.
*Past performance is not indicative of future results.
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