GECC Named One of the Top 100 Fastest-Growing Companies in B.C. by Business in Vancouver
Global Education Communities Corp. (OTCQB:GECSF) has been recognized among the "Top 100 Fastest-Growing Companies in British Columbia in 2025" by Business in Vancouver, ranking 90th with revenue growth of 23.2% from $62.5 million in 2020 to $77.0 million in 2024.
The company has demonstrated resilience in its student housing business, with a significant shift in tenant demographics. Domestic student occupancy has notably increased from 11% to 44% year-over-year, effectively offsetting the impact of lower international enrollments due to student visa caps.
CEO Toby Chu indicates that the student housing market remains in a catch-up mode, suggesting continued supply-demand imbalance in this niche sector.Global Education Communities Corp. (OTCQB:GECSF) è stata inserita tra le "Top 100 Fastest-Growing Companies in British Columbia in 2025" da Business in Vancouver, posizionandosi al 90° posto con una crescita dei ricavi del 23,2%, passati da 62,5 milioni di dollari nel 2020 a 77,0 milioni nel 2024.
L'azienda ha mostrato resilienza nel settore degli studentati, con un cambiamento significativo nella composizione degli inquilini: l'occupazione da parte di studenti nazionali è salita dal 11% al 44% anno su anno, compensando l'effetto del calo delle immatricolazioni internazionali dovuto ai limiti sui visti per studenti.
Il CEO Toby Chu segnala che il mercato degli alloggi per studenti è ancora in una fase di recupero, indicando un persistente squilibrio tra offerta e domanda in questo segmento di nicchia.
Global Education Communities Corp. (OTCQB:GECSF) fue incluida entre las "Top 100 Fastest-Growing Companies in British Columbia in 2025" por Business in Vancouver, ubicándose en el puesto 90 con un crecimiento de ingresos del 23,2%, desde 62,5 millones de dólares en 2020 hasta 77,0 millones en 2024.
La compañía ha mostrado resistencia en su negocio de residencias estudiantiles, con un cambio importante en la demografía de los inquilinos: la ocupación por estudiantes nacionales aumentó notablemente del 11% al 44% interanual, compensando el impacto de la menor matrícula internacional debido a los límites de visados estudiantiles.
El CEO Toby Chu indica que el mercado de vivienda estudiantil sigue en fase de recuperación, lo que sugiere un desequilibrio continuo entre oferta y demanda en este nicho.
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Global Education Communities Corp. (OTCQB:GECSF) a été reconnue parmi les « Top 100 Fastest-Growing Companies in British Columbia in 2025 » par Business in Vancouver, se classant 90e avec une croissance du chiffre d'affaires de 23,2%, passant de 62,5 millions de dollars en 2020 à 77,0 millions en 2024.
La société a fait preuve de résilience dans son activité de logements étudiants, avec un basculement marqué de la démographie des locataires : la part d'occupation par les étudiants nationaux est passée notablement de 11% à 44% d'une année sur l'autre, compensant l'impact de la baisse des inscriptions internationales due aux plafonds de visas étudiants.
Le PDG Toby Chu indique que le marché du logement étudiant est encore en phase de rattrapage, ce qui suggère un déséquilibre persistant entre l'offre et la demande dans ce secteur de niche.
Global Education Communities Corp. (OTCQB:GECSF) wurde von Business in Vancouver zu den "Top 100 Fastest-Growing Companies in British Columbia in 2025" gezählt und belegte den 90. Platz mit einem Umsatzwachstum von 23,2%, von 62,5 Mio. USD im Jahr 2020 auf 77,0 Mio. USD im Jahr 2024.
Das Unternehmen zeigte Widerstandsfähigkeit im Student Housing-Geschäft, mit einer deutlichen Verschiebung in der Mieterstruktur: die Belegung durch inländische Studierende stieg von 11% auf 44% im Jahresvergleich und kompensierte damit den Rückgang internationaler Einschreibungen aufgrund von Grenz- und Visabeschränkungen.
CEO Toby Chu weist darauf hin, dass der Studentenwohnungsmarkt sich noch im Aufholprozess befindet, was auf ein anhaltendes Ungleichgewicht von Angebot und Nachfrage in diesem Nischenmarkt hindeutet.
- Revenue growth of 23.2% over four years, reaching $77.0 million in 2024
- Successful pivot to domestic students, increasing occupancy from 11% to 44%
- Recognition as one of BC's Top 100 Fastest-Growing Companies
- Strong market position in undersupplied student housing sector
- Potential impact from international student visa caps
- Dependency on shifting student demographics
VANCOUVER, BC / / September 10, 2025 / Global Education Communities Corp. (TSX:GEC)(OTCQB:GECSF) ("GECC" or the "Company") is pleased to announce that the Company has been recognized as one of the "Top 100 Fastest-Growing Companies in British Columbia in 2025" by Business in Vancouver ("BIV") in issue 1870, published on September 8, 2025 (the "List"). GECC is ranked No. 90 on the List, with revenue growth of
GECC was also featured in BIV in an article titled "Student housing demand still high in B.C. despite international caps, say experts." In the article, Toby Chu, Chairman, President and CEO of GECC, noted that while international student visa caps may have short- to medium-term effects, Canada needs to reassess the role of foreign students in its education economy. He also noted the growth of the domestic student population at GEC® properties, which has increased from
BIV issue 1870 can be accessed here: (September 8, 2025)
About Global Education Communities Corp.
For over 30 years, GECC has been a leader in Canada's education and student housing landscape. Serving a vibrant community of nearly 10,000 domestic and international students annually, GECC operates across 24 student housing apartments, campuses, and offices in Canada and abroad.
Student housing and education super-centres:
GECC is committed to solving Metro Vancouver's critical student housing challenges under the GEC® Living brand. GECC specializes in developing and managing off-campus student-centric rental apartments and pioneering the concept of education super-centres. The GEC® portfolio, comprising both operational properties and development budgets for the pipeline, exceeds
Education Services
GECC was the owner of Sprott Shaw College from December 2007 until its divestiture in August 2025. GECC's current academic division includes SSLC Language College, SSLC Business College (formerly Vancouver International College) and CIBT School of Business & Technology. These institutions offer a diverse range of business programs and ESL programs (English as a Second Language) designed to meet the evolving needs of international learners. Visit us at: .
GECC also owns Global Education Alliance Inc. This student recruitment agency connects students with top-tier North American schools and places students into GECC's student housing properties. Irix Design Group Inc., also owned by GECC, is a leading design and media communications firm based in Vancouver.
Visit GECC online at or to explore our services and watch our corporate video.
Check out our video library on YouTube.com:
Toby Chu
Chairman, President & CEO
Global Education Communities Corp.
Investor Relations Contact: 1-604-871-9909 extension 319 or | Email: [email protected]
SOURCE: Global Education Communities Corp.
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