CIBT Education Group Inc. (TSX: MBA | OTCQX: MBAIF) will be hosting an exclusive investor webinar on Tuesday, December 6, 2022 at 1 PM EST to discuss the company's FYE 2022 financial and operational highlights, and growth outlook.
Click the link below to register.
https://bit.ly/3FhVsA1
Investment Highlights:
• FYE 2022 Financial Highlights: Total revenue of C$73.24 million and adjusted EBITDA of C$18.65 million
• High Demand for Rental Properties: Rental crisis in Vancouver (~1.2% for purpose built rental & ~0.8% for condominium apartments)
• Education Business: 34 locations with approximately 10,000 students
• C$1.5 billion GEC® Real Estate Portfolio: 7 rental facilities in Metro Vancouver and has 8 additional buildings under development
• REIT Listing: Plans to spin off its real estate subsidiary as a separately listed entity on a recognized North American stock exchange