Is GEC a Hidden Value Play?
Key Highlights
- On 14 July 2026, GEC reported results for the third quarter of its fiscal 2026 year.
- Total Revenue was about $16.593 million, up about 9% year over year, while student-housing rental revenue rose about 11% to about $13.922 million.
- GEC’s fiscal-2026 numbers illustrate the appeal of the new model.
- Rental revenue growth of about 11% reflects both the strength of the Vancouver rental market and the company’s operational portfolio, while the roughly 59% surge in Earnings before interest, tax, Depreciation and Amortisation from continuing operations shows how much more profitable a real-estate operation is than the education businesses it replaced.
- The most direct…
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