PRESS RELEASE published on 01/16/2024 at 01:00, 2 years 8 months ago Global Education Communities Corp. Reports Fiscal 2024 First Quarter Financial Results Global Education Communities Corp. (GECC) has reported its consolidated financial statements and management's discussion and analysis for its first quarter of fiscal 2024. The company's total revenue has increased by 21% year-over-year, with significant growth in its international and domestic education businesses as well as student housing revenue. GECC's net income before income tax reached $9.13 million, and EBITDA increased to $15 million, an increase of 250% from the same period in the previous year. The company also remains optimistic about potential rate decreases in the coming quarters, which could positively impact its real estate services division. For more information, visit www.GEChq.com. Financial Statements GECC Global Education Communities Corp. Education Market Student Housing Revenue
PRESS RELEASE published on 12/22/2023 at 02:20, 2 years 8 months ago GECC Subsidiary Completes Land Purchase for GEC Langara
PRESS RELEASE published on 12/04/2023 at 13:00, 2 years 9 months ago GECC Subsidiary Receives $22 Million Equity and Loan Commitment for Purchase of Land for its 14th GEC Branded Building GECC's subsidiary, GEC Langara Limited Partnership, has agreed to purchase two parcels of land near Vancouver's Canada Line station for a 10-storey highrise tower. The purchase is in response to British Columbia's plan to allow Transit-Oriented Developments within 800 meters of rapid transit stations GECC GEC Langara Limited Partnership Transit-Oriented Developments Vancouver Canada Line Station British Columbia Plan
PRESS RELEASE published on 11/30/2023 at 06:00, 2 years 9 months ago GECC Reports Financial Results for Fiscal Year Ended August 31, 2023 Global Education Communities Corp. reports filing of annual audited financial statements and Management's Discussion & Analysis for Fiscal 2023. Highlights include 7% revenue increase to $78.6 million and operational developments post August 31, 2023 Revenue Increase Financial Report Global Education Communities Corp. Fiscal 2023 Operational Developments
PRESS RELEASE published on 11/29/2023 at 01:50, 2 years 9 months ago Global Education Communities Corp. Subsidiary Completes Sale of GEC Granville Suites Hotel for Approximately $70 Million
PRESS RELEASE published on 09/11/2023 at 13:00, 3 years ago Global Education Communities Corp. Signs MOU to Add GEC Kingsway to its Real Estate Portfolio
PRESS RELEASE published on 09/05/2023 at 14:00, 3 years ago Global Education Communities Corp. Deploys Additional Services to Add Student Beds and Expand Its Portfolio
PRESS RELEASE published on 08/02/2023 at 00:00, 3 years 1 month ago Global Education Communities Corp. Appoints New CFO
PRESS RELEASE published on 07/18/2023 at 00:15, 3 years 2 months ago Global Education Communities Corp. Reports 2023 Third Quarter Financial Results
PRESS RELEASE published on 05/30/2023 at 13:00, 3 years 3 months ago Global Education Communities Corp. Takes Possession of the 8th GEC(R) Branded Rental Property
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