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Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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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
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Post by ThesisCapitalon Jul 24, 2023 1:15pm
222 Views
Post# 35554522

GEC Investor Webinar - July 25th @ 1 PM EST

GEC Investor Webinar - July 25th @ 1 PM EST
Global Education Communities Corp. will be hosting an investor webinar on Tuesday, July 25 at 1 PM (EST) to discuss its quarterly financial results and growth outlook for 2023.
 
Investment Highlights:
  • 9 Month-Period F2023 Financial Highlights: Total revenue of C$55.36 million and adjusted EBITDA of C$8.73 million
  • High Demand for Rental Properties: Rental crisis in Vancouver (~1.2% for purpose built rental & ~0.8% for condominium apartments)
  • Education Business: 41 locations with approximately 10,000 students
  • C$1.3+ billion GEC® Real Estate Portfolio: 8 operational properties in Metro Vancouver (∼3200 tenants) and has 6 additional buildings under development; GEC currently serves 92 partner schools
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