Professional
Added to YB: 2026-04-17
Pitch date: 2026-04-15
GEC.TO [neutral]
Global Education Communities Corp.
+1.47%
current return
Author Info
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Company Info
Global Education Communities Corp., together with its subsidiaries, operates as an education and student housing investment company in Canada and internationally.
Market Cap
CAD 22.0M
Pitch Price
CAD 0.34
Price Target
0.70 (+103%)
Dividend
N/A
EV/EBITDA
-163.72
P/E
-1.64
EV/Sales
20.10
Sector
Diversified Consumer Services
Category
growth
Global Education Communities – Transitional Financial Results; Cleaner Story Ahead
GEC.TO (update): Q2 rental rev $4.5M (+10% YoY), 68% gross margin; H1 rental rev $9.7M (+12% YoY). Adj EBITDA $1.4M (26% margin) vs est $1.6M. Divested SSLC/VIC for $2M (below $12M model). New reporting structure Q3+ to isolate GEC Living profitability vs dev costs. 2,900-bed pipeline ($674M construction/$830M+ completion value); GEC Langara approved 10→26 floors, expect $12.6M annual rental income. PT cut to $0.70 (was $1.00) on lower education asset sale, but rental segment strong.
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