CIBT Education Group Investor Webinar - Today at 1 PM (EST) Thesis Capital will be hosting an exclusive investor webinar for CIBT Education Group Inc. (TSX: MBA | OTCQX: MBAIF) today at 1 PM (EST) to discuss the company's latest developments, quarterly financial results and growth outlook.
Investment Highlights:
CIBT Education Group Inc. is one of the largest education and student housing investment companies in Canada focused on the domestic and the global education market since 1994.
- Rental Crisis in Vancouver: One of the lowest vacancy rates (~1%) in Canada
- Education Business: 34 locations with approximately 10,000 students
- C$1.5 billion Real Estate Portfolio: Under the GEC® brand, CIBT operates 7 rental facilities in Metro Vancouver and has 8 additional buildings under development
- Q1 F2022 Financials: CIBT generated roughly C$17.07 million in revenue, C$0.85 million in net income and EBITDA of C$5.87 million
- REIT Listing: CIBT plans to spin off its real estate subsidiary as a separately listed entity on a recognized North American stock exchange
- Clean Capital Structure: No warrant overhang