Project Primetime

An asset-light co-living operator in Canada, the United States and the United Kingdom. It holds buildings on master leases from third-party landlords, furnishes them and lets them room by room, on all-inclusive terms, to students and young professionals, with corporate and language-school contracts alongside. Earnings figures are from a third-party quality of earnings report on management accounts. Further detail is available under NDA.

Revenue, LTM Oct-25
CAD 64.7M
CAD 57.3M in FY2024. Leased portfolio, quality of earnings report
Adjusted EBITDA, LTM Oct-25
CAD 11.1M
17.2% margin. CAD 10.8M in FY2024
Average occupancy, LTM Oct-25
95.6%
96.1% in FY2024
Sector
Co-living operator
Markets
Canada, United States, United Kingdom
Model
Master leases from third-party landlords, furnished rooms let individually
Residents
Students and young professionals, plus corporate and language-school contracts