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Global Education Communities Corp. Named One of the Top 50 Profitable Companies in B.C. by Business In Vancouver

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Global Education Communities Corp. (TSX:GEC, OTCQB:GECSF) has been named one of Business in Vancouver's "Top 50 Profitable Companies in British Columbia" in the July 26, 2026 issue, ranking No. 46 based on fiscal 2025 net income of $22.141 million.

According to the company, GECC has transformed into a pure-play student housing developer and operator after divesting several college assets in 2025 and 2026. Under its GEC® Living brand, it operates 1,300 student beds with about 2,500 more in development, representing a portfolio and pipeline exceeding $1 billion and serving nearly 10,000 students annually.

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VANCOUVER, BC / ACCESS Newswire / July 23, 2026 / Global Education Communities Corp. ("GECC" or the "Company") (TSX:GEC)(OTCQB:GECSF) is pleased to announce that the Company is named one of the "Top 50 Profitable Companies in British Columbia" in the July 26, 2026 issue of Business in Vancouver ("BIV"). GECC is ranked No. 46 among the Top 50 Profitable companies operating in British Columbia, with net income of $22.141 million in fiscal 2025.

A PDF version of the 2026 BIV list is available here. To view the full BIV Top 50 Profitable Companies list, please visit BIV's July 2026 issue.

About GECC:

For over 32 years, GECC has been a leading player in Canada's education and student housing sectors. Following the strategic divestiture of its domestic college assets in 2025 and 2026, GECC has evolved into a premier pure-play student housing developer and operator. Serving nearly 10,000 domestic and international students annually, GECC's global footprint spans student housing communities, recruitment centers, and corporate offices across Canada and abroad.

Student Housing & Education Super-Centres

Under the flagship GEC® Living brand, GECC is the largest off-campus student housing provider in Western Canada. The Company specializes in developing and managing student-centric rental apartments and has pioneered the "Education Super-Centre" concept-integrated hubs that combine academic space with high-density housing. The GEC® portfolio, comprising both operational assets and a robust development pipeline, represents a combined value and development budget exceeding $1 billion. With 1,300 operational beds and approximately 2,500 additional beds in the development pipeline, GEC® provides essential housing solutions to students from 79 countries worldwide attending 95 schools across Metro Vancouver. Website: www.gecliving.com

Academic Division and Supporting Services

Formerly the parent company of Sprott Shaw College, SSLC Language College and Vancouver International College, GECC successfully divested these entities in 2025 and 2026 to focus on its student housing real estate business. The Company's current academic division continues through CIBT School of Business & Technology Corp., maintaining a feeder and bridge between institutional education and student-centric infrastructure.

GECC maintains a vertically integrated ecosystem to achieve high occupancy and brand consistency across its portfolio. Global Education Alliance (GEA) is a premier student recruitment agency that connects international students with top-tier North American institutions and streamlines their placement into GEC® housing. Irix Design is a Vancouver-based media and communications firm that serves as GECC's internal marketing and design department, ensuring seamless execution of the Company's global brand strategy.

Visit GECC online at www.GEChq.com to explore our services and watch our corporate video. Check out our video library on YouTube.com: https://www.youtube.com/gecliving

For more information, contact:

Toby Chu
Chairman, President & CEO
Global Education Communities Corp.

Investor Relations Contact: 1-604-871-9909 extension 319 or | Email: info@GEChq.com

SOURCE: Global Education Communities Corp



View the original press release on ACCESS Newswire

FAQ

What recognition did Global Education Communities (OTCQB:GECSF) receive from Business in Vancouver in July 2026?

Global Education Communities was ranked No. 46 on Business in Vancouver's "Top 50 Profitable Companies in B.C." list. According to Global Education Communities, this ranking is based on fiscal 2025 net income and appears in BIV’s July 26, 2026 issue.

What was Global Education Communities' net income that earned it a Top 50 spot in B.C.?

Global Education Communities reported fiscal 2025 net income of $22.141 million, qualifying it for BIV’s Top 50 Profitable Companies list. According to Global Education Communities, this result placed the company at No. 46 among profitable businesses operating in British Columbia.

What is Global Education Communities' main business focus after its 2025–2026 divestitures?

Global Education Communities now focuses on student housing development and operations as a pure-play platform. According to Global Education Communities, it divested several domestic college assets in 2025 and 2026 to concentrate on its GEC® Living student housing portfolio and related supporting services.

How large is Global Education Communities' GEC Living student housing portfolio and pipeline?

GEC Living includes 1,300 operational student beds and about 2,500 beds in development. According to Global Education Communities, the combined value and development budget of this portfolio and pipeline exceeds $1 billion, serving nearly 10,000 students from 79 countries annually.

How does Global Education Communities support student recruitment and occupancy for its housing assets?

Global Education Communities uses Global Education Alliance and other internal units to drive student placements. According to Global Education Communities, GEA recruits international students and streamlines placement into GEC® housing, while Irix Design supports global branding and marketing for the student housing ecosystem.