GECSF

  • GECC Announces Q3 2025 Financial Results

    Global Education Communities Corp. (GECSF) reported improved Q3 2025 financial results with stable revenue at $16.842M and a net income of $1.323M, a significant turnaround from Q1. Adjusted EBITDA surged to $6.805M. GECC is converting mortgages to lower-interest loans and secured rezoning for increased property density. The GEC Oakridge project is on track for early 2027 completion, and an educational asset divestiture is expected this month. While a net loss attributable to shareholders remains, GECC focuses on efficiency, reduced interest expenses, and strategic development.

    9 hours ago