Global Education Communities (GEC) AI Stock Analysis

• Market Cap: C$25.32M
• Dividend Yield: N/A
• Average Volume (3M): 34.77K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.87
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: CA
• Employees: 124
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Education & Training Services
• EPS (TTM): 0.00
• Shares Outstanding: 68,420,540
• 10 Day Avg. Volume: 84,128
• 30 Day Avg. Volume: 34,770
• PEG Ratio: <0.01
• Price to Book (P/B): 0.56
• Price to Sales (P/S): 0.93
• P/FCF Ratio: -20.90
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: C$1.05
• Price Target Upside: 183.54% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 47 Neutral
• Price Target: C$0.39 ▲(6.49% Upside)

The score is held down primarily by weak financial performance—high leverage, negative operating/free cash flow, and deteriorating revenue with inconsistent operating results. Technicals provide some support with a moderately positive trend and momentum, while valuation is not particularly supportive due to a negative P/E and no dividend yield data.

Positive Factors

Diversified revenue model

Owning both student housing and post-secondary education operations creates two recurring revenue streams (rentals and tuition). Over 2–6 months this structural diversification can stabilize cash flows versus single-product firms and supports operational resilience through student demand cycles.

Sustained gross margins

Consistently healthy gross margins indicate the company's core unit economics in housing and education generate substantial spread over direct costs. This margin buffer supports the ability to absorb higher operating expenses or temporary volume declines while preserving long-term profitability potential.

Improved equity and positive ROE in 2025

An improvement in equity and a positive return on equity signal partial balance-sheet recovery and ability to generate shareholder returns. Over the medium term this can modestly improve access to financing and reduce some solvency pressure, aiding strategic flexibility.

Negative Factors

Very high leverage

Extremely elevated debt ratios materially raise refinancing and interest-rate exposure. Over several months this constrains financial flexibility, increases bankruptcy and covenant risk if cash flows falter, and may force asset sales or dilutive financings to meet obligations.

Negative operating and free cash flow

Persistent negative operating and free cash flow undermines the company’s ability to service debt, invest in properties, and sustain operations without external funding. This structural cash generation shortfall increases reliance on capital markets or asset disposals, raising execution risk.

Sharp revenue deterioration and volatile operating profit

A large, rapid revenue decline and inconsistent operating margins reduce earnings quality and predictability. Over the medium term this impairs planning for occupancy, staffing, and capital projects, complicating recovery efforts and putting pressure on margins and debt service capacity.

Global Education Communities Business Overview & Revenue Model

Company Description

Global Education Communities Corp., together with its subsidiaries, operates as an education and student housing investment company in Canada and internationally. It engages in education and real estate development businesses. The company offers English as a second language accredited programs, such as general English, college preparation/pathway, business English, medical English, English language test preparation, vacation English, and online English, as well as career training college accredited programs in the fields of business management, customer service, TESOL teacher training, interpreting and translation for Koreans, and online English teacher training. It also recruits international students and provides on-ground concierge services for kindergarten, primary, and secondary schools, as well as universities in North America. In addition, the company offers web design and advertising services to the real estate industry. Further, it invests in, develops, and manages education-related real estate projects and offers serviced and student-centric rental apartments, hotels, and education super-centers for domestic and international students, as well as working professionals in Metro Vancouver, Canada. Global Education Communities Corp. was formerly known as CIBT Education Group Inc. and changed its name to Global Education Communities Corp. in April 2023. The company was incorporated in 1986 and is headquartered in Vancouver, Canada.

How the Company Makes Money

Global Education Communities Financial Statement Overview

Summary

Financials are pressured: revenue deteriorated sharply (including a large 2025 decline), operating profitability is inconsistent and remains negative recently, leverage is very high (elevated debt-to-equity), and operating/free cash flow turned negative in 2024–2025—raising funding and sustainability risk despite stronger reported net income in 2025.

Income Statement

Profitability is mixed and volatile. Gross margin has stayed solid (~55–59%), but operating performance is inconsistent (EBIT margin swung from positive in 2021/2023 to negative in 2022 and remains negative in 2024/2025). Revenue has deteriorated sharply, with a major decline in 2025 (down ~59% year over year) after a much higher 2023 base. Net income is unusually strong in 2025 (high net margin), but the weak operating line and declining sales suggest earnings quality may be less durable than the headline net profit implies.

Balance Sheet

Leverage is the central issue. Debt is very high relative to equity (debt-to-equity ~4.3x in 2025 and above ~9–12x in 2022–2024), which reduces financial flexibility. While equity improved in 2025 versus the prior two years and return on equity is positive in 2025, the balance sheet still appears highly geared, leaving the company more exposed to refinancing risk and earnings/cash-flow fluctuations.

Cash Flow

Cash generation has weakened materially. Operating cash flow and free cash flow are negative in 2024 and 2025, following positive years in 2020–2023 (including strong 2021). Free cash flow growth is sharply negative in 2025, and cash flow does not currently support reported profitability or debt load, increasing reliance on external funding or working-capital improvements to stabilize liquidity.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	29.04M	35.23M	78.60M	73.23M	60.87M
Gross Profit	17.19M	19.95M	43.55M	41.96M	35.20M
EBITDA	-24.20M	-14.63M	16.56M	-44.29M	19.92M
Net Income	22.14M	1.09M	-3.91M	-55.77M	4.70M
Balance Sheet
Total Assets	377.36M	475.21M	497.68M	477.73M	519.04M
Cash, Cash Equivalents and Short-Term Investments	3.30M	2.13M	3.39M	9.72M	18.34M
Total Debt	205.65M	287.30M	282.40M	265.56M	260.43M
Total Liabilities	232.61M	333.28M	334.55M	315.70M	315.46M
Stockholders Equity	47.96M	25.21M	23.99M	27.87M	50.80M
Cash Flow
Free Cash Flow	-1.29M	-5.70M	1.74M	2.73M	13.83M
Operating Cash Flow	-1.27M	-5.58M	2.21M	6.75M	17.11M
Investing Cash Flow	19.78M	-20.91M	-18.66M	-27.74M	-68.72M
Financing Cash Flow	-17.34M	25.22M	10.12M	12.40M	46.95M

Global Education Communities Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
GEC	47 Neutral	C$25.32M	-7.07	―	―	―	―

Global Education Communities Corporate Events

GECC Wins Approval for 26-Storey Transit-Oriented GEC Langara Tower

Global Education Communities has secured City of Vancouver approval to rezone its GEC Langara site from a single-house residential lot to a 26-storey rental apartment tower, allowing a maximum buildable area of 163,000 square feet—159% more density than its previous 10-storey design—and capacity for about 650 occupants. The roughly $150 million, transit-oriented project, located beside the Langara-49th Avenue Canada Line station and near Langara College, is expected to significantly increase potential rental revenues, benefit from tax and levy reductions, improve economies of scale across GECC’s portfolio, and enable the company to dedicate 20% of units to below-market rental housing, expanding its role in addressing housing affordability and student accommodation in Metro Vancouver.

The most recent analyst rating on (TSE:GEC) stock is a Buy with a C$1.00 price target. To see the full list of analyst forecasts on Global Education Communities stock, see the TSE:GEC Stock Forecast page.

GECC Posts Strong Turnaround as It Doubles Down on Student Housing Expansion

Global Education Communities Corp. reported modest revenue growth to $7.6 million in its first quarter ended November 30, 2025, alongside a sharp improvement in profitability metrics, with net income from continuing operations turning positive and adjusted EBITDA surging compared with the prior year. The results mark the company’s first full quarter after divesting most of its educational division to concentrate on its student housing portfolio, where it is advancing several major projects, including the on-schedule, on-budget GEC Oakridge tower, permit progress for the GEC Education Mega Center in Surrey, and rezoning approval for GEC Langara, while also refinancing nearly all operational properties with lower-cost CMHC-sponsored mortgages; near-zero vacancy and premium rents across its portfolio underscore strong demand, supporting its strategy of further expansion in 2026 to build scale in its GEC Living platform.

The most recent analyst rating on (TSE:GEC) stock is a Buy with a C$1.00 price target. To see the full list of analyst forecasts on Global Education Communities stock, see the TSE:GEC Stock Forecast page.

GECC Posts Strong Q1 Turnaround as It Doubles Down on Student Housing

Global Education Communities Corp. reported modest revenue growth for the first quarter of fiscal 2026, with total revenues rising 2% year-on-year to $7.6 million and a swing to $0.7 million in net income from continuing operations, aided by markedly improved EBITDA and adjusted EBITDA. The company’s first results since divesting most of its educational division underscore a strategic pivot toward student housing, highlighted by ongoing construction at GEC Oakridge, planning progress at its Education Mega Center in Surrey and GEC Langara, near-zero vacancies and premium rents across nearly all operational properties, and the conversion of most mortgages to lower-cost CMHC-sponsored financing, collectively positioning GECC to scale its GEC Living platform and pursue further expansion in 2026.

The most recent analyst rating on (TSE:GEC) stock is a Buy with a C$1.09 price target. To see the full list of analyst forecasts on Global Education Communities stock, see the TSE:GEC Stock Forecast page.

GECC Reports Strong Financial Turnaround and Strategic Milestones for Fiscal 2025

Global Education Communities Corp. (GECC) reported its financial results for the fiscal year ended August 31, 2025, showcasing a significant turnaround with net earnings of $22.14 million, despite a decrease in revenues. The company achieved several milestones, including successful divestitures, strategic partnerships, and securing substantial financing, which strengthened its market position. GECC’s operational excellence was highlighted by near-full capacity at its properties and increased rental income, while also achieving progress in major construction projects and receiving favorable legal rulings. These developments are expected to enhance GECC’s capabilities in addressing student housing challenges and expanding its educational infrastructure.

The most recent analyst rating on (TSE:GEC) stock is a Buy with a C$1.00 price target. To see the full list of analyst forecasts on Global Education Communities stock, see the TSE:GEC Stock Forecast page.