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Global Education Communities Corp (GEC)

Toronto

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0.28 -0.02 -6.67%

07/10 - Closed. Currency in CAD ( Disclaimer )

Volume: 8,500
Bid/Ask: 0.27 / 0.29
Day's Range: 0.28 - 0.30

Type: Equity

Market: Canada

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GEC Financial Summary

A brief financial summary of Global Education Communities Corp as well as the most significant critical numbers from each of its financial reports. In addition, some financial ratios derived from these reports are featured. Users can opt to see 4 periods of either annual or quarterly information.

Global Education Communities Corp. reported earnings results for the third quarter and nine months ended May 31, 2024. For the third quarter, the company reported sales was CAD 3.56 million compared to CAD 4.97 million a year ago. Revenue was CAD 18.39 million compared to CAD 19.9 million a year ago. Net income was CAD 0.251 million compared to net loss of CAD 0.479 million a year ago.For the nine months, sales was CAD 13.81 million compared to CAD 14.01 million a year ago. Revenue was CAD 58.07 million compared to CAD 55.36 million a year ago. Net income was CAD 2.82 million compared to net loss of CAD 3.28 million a year ago. Basic earnings per share from continuing operations was CAD 0.04 compared to basic loss per share from continuing operations of CAD 0.05 a year ago. Diluted earnings per share from continuing operations was CAD 0.04 compared to diluted loss per share from continuing operations of CAD 0.05 a year ago.

Annual Quarterly

Advanced Financial Summary

TTM = Trailing Twelve Months

MRQ = Most Recent Quarter

GEC Income Statement

Gross margin TTM 57.23%

Operating margin TTM 10.31%

Net Profit margin TTM 2.69%

Return on Investment TTM 1.61%

Total Revenue Net Income

Period Ending:	May 31, 2024	Feb 29, 2024	Nov 30, 2023	Aug 31, 2023
Total Revenue		17.54	22.13	23.24
Gross Profit	10.51	10.4	12.95	12.66
Operating Income	1.19	0.639	3.8	2.76
Net Income		-0.982	3.55	-0.634

GEC Balance Sheet

Quick Ratio MRQ 0.13

Current Ratio MRQ 0.2

LT Debt to Equity MRQ 515.01%

Total Debt to Equity MRQ 995.82%

Total Assets Total Liabilities

Period Ending:	May 31, 2024	Feb 29, 2024	Nov 30, 2023	Aug 31, 2023
Total Assets	486.28	481.56	467.73	497.68
Total Liabilities	319.54	313.68	296.43	334.54
Total Equity		167.88	171.3	163.14

GEC Cash Flow Statement

Cash Flow/Share TTM -0.06

Revenue/Share TTM 1.21

Operating Cash Flow 1.28%

Cash Net Change in Cash

Period Ending:	May 31, 2024	Feb 29, 2024	Nov 30, 2023	Aug 31, 2023
Period Length:	0 Months	0 Months	0 Months	0 Months
Cash From Operating Activities	1.9	-5.64	-1.23	0.339
Cash From Investing Activities	-3.99	-22.33	11.74	-2.97
Cash From Financing Activities	-0.353	18.91	0.681	-1.55
Net Change in Cash	-2.45	-9.06	11.2	-4.18

* In Millions of CAD (except for per share items)

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