Global Education Communities (TSX: GEC) Reports Q3 Results, Swings to Profit on Improved EBITDA and Asset Strategy

Tue 15 Jul 25, 09:14 AM |

Highlights
• Net income of CAD 1.32 million in Q3 2025, up from a CAD 1.28 million loss in Q2
• Adjusted EBITDA rose to CAD 6.81 million, more than doubling from Q2
• Agreement signed to divest an educational asset, closing expected this month

Global Education Communities Corp. (TSX: GEC; OTCQB: GECSF) has released its unaudited financial results for the third fiscal quarter ended May 31, 2025. The company reported net income of CAD 1.32 million, reversing a CAD 4.94 million loss in Q1 and a CAD 1.28 million loss in Q2. Adjusted EBITDA increased sharply to CAD 6.81 million from CAD 2.93 million in the previous quarter.

About the company: GECC operates within the international education sector, focusing on education delivery and student housing development in Canada. The company files under IFRS and reports in Canadian dollars.

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