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Global Education Communities Corp. reported $22.14 million in net earnings for fiscal 2025 despite global challenges.
Global Education Communities Corp. reported fiscal 2025 net earnings of $22.14 million, or $0.33 per share, despite challenges like study permit restrictions and geopolitical instability.
The company achieved near-full occupancy across its 24 properties by September 1, 2025, with rising rental income and reduced debt.
Key milestones included a $35.4 million divestiture, $140.3 million in financing, and new partnerships.
Major projects advanced, including GEC® Oakridge nearing completion in 2027, GEC® Langara securing approval for a 26-storey expansion, and the Education Mega Center® in Surrey entering excavation with a 2026 groundbreaking.
A partial court ruling supported a $60 million investment appeal.
GECC serves nearly 10,000 students annually from 79 countries across its education and housing portfolio.
Global Education Communities Corp. reportó 22.14 millones de dólares en ganancias netas para el año fiscal 2025 a pesar de los desafíos globales.