GECC reports steady growth with domestic enrollment up 6%, despite a 2% drop in total revenue.

Global Education Communities Corp (GECC) reported steady growth for the fiscal year ending August 2024, despite a 2% drop in total gross revenue. The company saw a 6% increase in domestic enrollment revenue and a 13% growth in its student recruitment division, GEA. Net income was $1.095 million, or $0.02 per share. The shift from international to domestic students and the sale of a hotel contributed to improved rental income.

November 30, 2024
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