Genius Group Announces 25% Increase in Revenue on proforma basis, 57% Decrease in Net Loss per Share in First Half of 2025
Rhea-AI Summary
Genius Group (NYSE:GNS), an AI-powered, Bitcoin-first education company, reported its H1 2025 financial results showing mixed performance. The company achieved 25% revenue growth to $6.1M on a proforma basis, though review basis revenue declined 44.32% to $2.7M. The company reduced its net loss per share by 57% to ($0.36) compared to ($0.84) in H1 2024.
Total assets increased 20% to $121.26M on proforma basis, while cash and equivalents grew 130% to $3.70M. The company faced challenges from a preliminary injunction that prevented fundraising, resulting in a $17.3M total loss, with $15.9M attributed to the injunction's impact. GNS has filed a RICO lawsuit claiming $750M in triple damages.
Strategic highlights include building a Bitcoin Treasury, launching Genius Academy with notable thought leaders, and completing key acquisitions. The company achieved a 600% increase in market capitalization over six months after the injunction was stayed.
Positive
- Revenue grew 25% year-over-year to $6.1M on proforma basis
- 57% reduction in loss per share from ($0.84) to ($0.36)
- Cash and equivalents increased 130% to $3.70M
- Total assets grew 20% to $121.26M on proforma basis
- Market capitalization increased 600% in six months
- Successfully executed three consecutive 1M share buybacks
- Secured $14M share purchase agreement for Genius City Bali project
- Achieved $100M market capitalization milestone
Negative
- Review basis revenue declined 44.32% to $2.7M
- Operating expenses increased to $13.5M from $10.8M
- Total loss widened to $17.3M from $8.8M year-over-year
- Bitcoin holdings reduced from 319.43 BTC to 100.10 BTC
- Total current assets decreased 23% to $32.5M
- Legal challenges and preliminary injunction resulted in $15.9M in losses
Insights
Genius Group reports mixed H1 results with proforma revenue growth despite legal challenges that significantly impacted operations and profitability.
Genius Group's H1 2025 financial results paint a picture of a company navigating serious legal headwinds while attempting to execute on its growth strategy. The 25% proforma revenue growth to
The company's financial health shows contradictory signals. While cash increased
The
Post-reporting period, the company has been aggressive with strategic moves, including acquisitions, share buybacks, Bitcoin accumulation, and executive share purchases. While management projects optimism about the second half performance, investors should carefully evaluate whether the company can translate these activities into sustainable profitability amid ongoing legal challenges.
Ongoing legal battles severely impacted GNS operations, with company attributing $15.9M in losses to legal constraints while pursuing $750M RICO damages.
Genius Group's financial performance in H1 2025 was significantly shaped by substantial legal challenges. The company reports being "hamstrung" by a preliminary injunction (PI) that restricted its ability to raise funds or build its Bitcoin treasury. This legal constraint appears to have had material financial consequences, with management attributing
The company's response to these legal challenges has been multi-faceted. In March 2025, Genius Group filed a RICO lawsuit (Case No: 1:25-cv-21496-BB) against Peter Ritz and Michael Moe, seeking
The company appears to have achieved some legal momentum by successfully appealing the preliminary injunction and winning a stay in April 2025. This legal victory apparently enabled the company to resume business activities, including rebuilding its Bitcoin treasury and pursuing acquisitions.
Notably, the company has announced an unusual financial strategy regarding potential legal settlements, pledging to distribute 50% of any legal proceeds as shareholder dividends while reinvesting the remaining 50% in Bitcoin. This creates a direct financial incentive for shareholders to support the company's litigation strategy.
The broader governance response included obtaining shareholder approval for protective measures including share buybacks and the issuance of super-voting shares, suggesting the board anticipated potential control challenges amid the legal disputes.
Total assets increased
SINGAPORE, Sept. 23, 2025 (GLOBE NEWSWIRE) -- Genius Group Limited (NYSE American: GNS) (“Genius Group” or the “Company”), a leading AI-powered, Bitcoin-first education group, today announced its financial results for the first half of 2025.
Roger Hamilton, CEO of Genius Group, said “In the first half of 2025, Genius Group was hamstrung by a preliminary injunction preventing the company from raising funds or building its treasury. We have claimed in a RICO lawsuit (Case No: 1:25-cv-21496-BB) that this was a deliberate act taken by third parties to damage the company and its shareholders. We are pleased that further to the injunction being stayed on appeal in April, we had enough time to begin to repair the damage. As a result, we are pleased to report a strengthening of our operations and our balance sheet as at the end of June 2025.”
“Furthermore, the second half of 2025 has proven to be the strongest in our history, with a series of successful M&A transactions and product launches resulting in rapid growth in our Genius Academy, our Bitcoin Treasury and the launch of our Genius City model. We have seen a more than
Genius Group’s unaudited first half financial results are for the operations of the Company including financials related to the Entrepreneur Resorts Ltd (ERL), Genius City (GC) and ProEd (PE) transactions signed in the second half of 2025. The financial results are prepared on an auditor review basis (existing group) and proforma (including acquisitions) for June 2025 and are compared with reviewed financials of June 2024.
Financial Highlights for the First Half of 2025
| ● | First half revenue of | |
| ● | First half operating expenses of | |
| ● | First half total loss of | |
| ● | First half loss per share of ( | |
| ● | ||
| ● | First half total current assets of | |
| ● | First half total assets of | |
| ● | First half net assets of |
Strategic and Operational Highlights for the First Half of 2025
- Building a Bitcoin Treasury of 420 Bitcoin within 2 months of announcing its Bitcoin Treasury before the court order restraining the Company from issuing shares, raising funds or buying Bitcoin.
- Featuring top thought leaders and experts within the Company’s Bitcoin Academy, including Saifedean Ammous, author of the Bitcoin Standard, and content together with sponsorship of two top Podcasters and Influencers related to Bitcoin, Natalie Brunell and Anthony Pompliano.
- Rationalization of operations to ensure profitable operating units, and sustainability of Company after TRO and PI was imposed on Company in February 2025, and taking immediate legal action.
- Filing of RICO lawsuit against Peter Ritz and Michael Moe in March 2025, for
$750 million in triple damages. - Filing an appeal against the PI and winning a stay on the PI in April 2025.
- Gaining shareholder approval for the Board to take various actions to protect the company including executing up to
20% share buyback, issuance of Super-Voting Shares and preferred shares. - Resumption of business in May and June 2025 with growth of Genius Academy and launch of Genius City.
- Rebuilding Bitcoin Treasury rapidly to 200 Bitcoin after stay on PI was granted.
- Acquisition of Entrepreneur Resorts via Asset Purchase Agreement in June 2025, with
50% increase in 2025 Revenue Guidance from$10 million to$15 million -$18 million for 2025.
Recent Strategic and Operational Highlights
- Acquisition of Entrepreneur Resorts via Asset Purchase Agreement on June 17, 2025 with closing on July 31, 2025, with growth plan and rebranding underway to Genius Resorts.
- Purchase by Genius Group’s CEO, Roger Hamilton of 650,000 shares on the open market, increasing his shareholding by
10% , restating his optimism for the future growth of the Company. - Company announcement on the distribution on all proceeds of future legal wins, with
50% being distributed to shareholders as a dividend and50% to be reinvested in the Company’s Bitcoin Treasury - Recovery from baby shelf to full shelf status as a result of the Company’s increase in market capitalization within 60 days of the PI being stayed, and SEC approval of the Company’s
$1.2 billion shelf offering. - Revision of the Company’s Bitcoin Treasury target from 1,000 BTC to 10,000 BTC.
- Appointment of Kevin Malone and Saifedean Ammous as Board Advisors
- Launch of Genius Academy with Microcourses featuring Michael Saylor, Cathie Wood, Mark Cuban, Robert Kiyosaki, Robert F Kennedy Jr, and top thought leaders and entrepreneurs.
- Signing of
$14 million share purchase and joint venture agreement with Nuanu for the launch of Genius City, Bali, targeted to reach$20 million revenue and$6 million net profit within four years. - Launch of Genius City scheduled for October 2025 at Genius Future Summit, featuring top entrepreneurs and thought leaders including Steven Bartlett, Founder of Flight Story & thirdweb, Host of The Diary of a CEO podcast.
- Announcement of plans to dual list on an Asian exchange.
- Three consecutive buybacks of one million shares each by the Company in the last three months.
- As a result of buybacks, insider purchase of shares and investors choosing to move their shares to book entry, achieving
60.3% of issued shares in book entry, with39.7% remaining at brokers in September 2025. - Achievement of the first of ten milestones to
$1 billion market capitalization, in the Company’s Founder Compensation Plan, with$100 million market capitalization being reached and exceeded. 600% increase in the Company’s market capitalization in the six months since PI was stayed.
Gaurav Dama, CFO of Genius Group said “We remain committed to strengthening our balance sheet and driving operational efficiency across the Group. Over the past quarter, we have streamlined operations with a clear focus on enabling our profit centers to generate sustainable positive cashflows, while at the Group level, we continue to take disciplined measures to reduce central costs. These initiatives, coupled with our ongoing emphasis on cost optimization and financial discipline, are laying the foundation for long-term value creation and a stronger financial position”
Other
The audit opinion of its audited consolidated financial statements for the fiscal year ended December 31, 2024, included in the Company’s Annual Form on 20F filed with the Securities and Exchange Commission on April 30, 2025, prepared as going concern. The Company’s unaudited condensed consolidated financial statements as of June 30, 2025 have been prepared on a going concern basis.
About Genius Group
Genius Group (NYSE: GNS) is a Bitcoin-first business delivering AI powered, education and acceleration solutions for the future of work. Genius Group serves 5.8 million users in over 100 countries through its Genius City model and online digital marketplace of AI training, AI tools and AI talent. It provides personalized, entrepreneurial AI pathways combining human talent with AI skills and AI solutions at the individual, enterprise and government level. To learn more, please visit www.geniusgroup.net.
Investor Notice
Investing in our securities involves a high degree of risk. Before making an investment decision, you should carefully consider the risks, uncertainties and forward-looking statements described in our most recent Annual Report on Form 20-F, as amended for the fiscal year ended December 31, 2024, filed with the SEC on April 30, 2025. If any of these risks were to occur, our business, financial condition or results of operations would likely suffer. In that event, the value of our securities could decline, and you could lose part or all of your investment. The risks and uncertainties we describe are not the only ones facing us. Additional risks not presently known to us or that we currently deem immaterial may also impair our business operations. In addition, our past financial performance may not be a reliable indicator of future performance, and historical trends should not be used to anticipate results in the future. See “Forward-Looking Statements” below.
Forward-Looking Statements
Statements made in this press release include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements can be identified by the use of words such as “may,” “will,” “plan,” “should,” “expect,” “anticipate,” “estimate,” “continue,” or comparable terminology. Such forward-looking statements are inherently subject to certain risks, trends and uncertainties, many of which the Company cannot predict with accuracy and some of which the Company might not even anticipate and involve factors that may cause actual results to differ materially from those projected or suggested. Readers are cautioned not to place undue reliance on these forward-looking statements and are advised to consider the factors listed above together with the additional factors under the heading “Risk Factors” in the Company’s Annual Reports on Form 20-F, as may be supplemented or amended by the Company’s Reports of a Foreign Private Issuer on Form 6-K. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events, new information or otherwise.
GENIUS GROUP LIMITED AND ITS SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
(In US Dollars)
| As of June 30, 2025 | As of December 31, 2024 | |||||||
| (Unaudited) | (Audited) | |||||||
| Assets | ||||||||
| Current Assets | ||||||||
| Cash and cash equivalents | 2,693,979 | 1,614,933 | ||||||
| Accounts receivable, net | 407,341 | 1,653,238 | ||||||
| Other receivables | 1,708,816 | 1,741,176 | ||||||
| Due from related parties | 6,309,649 | 5,714,741 | ||||||
| Digital assets | 10,724,607 | 30,441,133 | ||||||
| Inventories | 467,230 | 467,230 | ||||||
| Prepaid expenses and other current assets | 4,706,643 | 786,376 | ||||||
| Total Current Assets | 27,018,265 | 42,418,827 | ||||||
| Property and equipment, net | 316,837 | 301,531 | ||||||
| Investments at fair value | 1,461,112 | 1,381,666 | ||||||
| Investments in joint venture | 393 | 366 | ||||||
| Goodwill | 8,407,631 | 8,338,547 | ||||||
| Intangible assets, net | 11,048,771 | 11,913,096 | ||||||
| Deferred tax asset | 1,332 | 1,332 | ||||||
| Other receivables | 831,620 | 758,025 | ||||||
| Other non-current assets | 35,941,961 | 35,941,961 | ||||||
| Total Assets | 85,027,922 | 101,055,351 | ||||||
| Liabilities and Shareholders’ Equity | ||||||||
| Current Liabilities | ||||||||
| Accounts payable | 4,116,094 | 3,285,495 | ||||||
| Accrued expenses and other current liabilities | 1,621,621 | 2,066,930 | ||||||
| Contract liabilities | 1,434,816 | 1,731,378 | ||||||
| Income tax payable | 194,823 | 254,434 | ||||||
| Due to related parties | 4,937,041 | 4,001,091 | ||||||
| Loans payable – current portion | 181,030 | 229,815 | ||||||
| Short term debt | 25,000 | 40,000 | ||||||
| Total Current Liabilities | 12,510,425 | 11,609,143 | ||||||
| Due to related parties | 1,963 | 1,789 | ||||||
| Loans payable – non-current portion | 4,681,520 | 10,033,989 | ||||||
| Total Liabilities | 17,193,908 | 21,644,921 | ||||||
| Commitments and Contingencies Shareholders’ Equity: | ||||||||
| Contributed capital | 173,247,096 | 166,301,870 | ||||||
| Reserves | (8,026,414 | ) | (8,508,313 | ) | ||||
| Accumulated deficit | (102,989,010 | ) | (84,014,856 | ) | ||||
| Capital and reserves attributable to owners of Genius Group Ltd | 62,231,672 | 73,778,701 | ||||||
| Non controlling interest | 5,602,342 | 5,631,729 | ||||||
| Total Shareholders’ Equity | 67,834,014 | 79,410,430 | ||||||
| Total Liabilities and Shareholders’ Equity | 85,027,922 | 101,055,351 | ||||||
GENIUS GROUP LIMITED AND ITS SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS
(In US Dollars)
| June 30, 2025 | June 30, 2024 | |||||||
| (Unaudited) | (Unaudited) | |||||||
| Revenue | $ | 2,717,485 | $ | 4,880,309 | ||||
| Cost of revenue | (1,956,734 | ) | (3,149,970 | ) | ||||
| Gross profit | 760,751 | 1,730,339 | ||||||
| Operating (Expenses) Income | ||||||||
| General and administrative | (11,136,142 | ) | (9,510,000 | ) | ||||
| Depreciation and amortization | (727,573 | ) | (729,690 | ) | ||||
| Other operating income | 418 | 19,238 | ||||||
| Legal expenses | (1,023,496 | ) | (531,252 | ) | ||||
| Loss from foreign currency transactions | (272,299 | ) | (54,916 | ) | ||||
| Total operating expenses | (13,159,092 | ) | (10,806,620 | ) | ||||
| Loss from Operations | (12,398,341 | ) | (9,076,281 | ) | ||||
| (Expense) Income | ||||||||
| Interest expense, net | (735,670 | ) | (223,614 | ) | ||||
| Loss on sale of Bitcoin | (5,873,799 | ) | - | |||||
| Other income | 3,083 | 47,673 | ||||||
| Total Other Expense | (6,606,386 | ) | (175,941 | ) | ||||
| Loss Before Income Tax | (19,004,727 | ) | (9,252,222 | ) | ||||
| Income Tax Benefit | 1,186 | - | ||||||
| Net Loss | (19,003,541 | ) | (9,252,222 | ) | ||||
| Other comprehensive income: | ||||||||
| Foreign currency translation | 481,899 | 427,926 | ||||||
| Total Comprehensive Loss | (18,521,642 | ) | (8,824,296 | ) | ||||
| Total Comprehensive Loss is attributable to: | ||||||||
| Owners of Genius Group Ltd | (18,492,255 | ) | (8,801,755 | ) | ||||
| Non controlling interest | (29,387 | ) | (22,541 | ) | ||||
| Total Comprehensive Loss | (18,521,642 | ) | (8,824,296 | ) | ||||
| Weighted-average number of shares outstanding, basic and diluted | 53,195,540 | 11,009,270 | ||||||
| Basic and diluted loss per share from continuing operations | (0.36 | ) | (0.84 | ) | ||||
GENIUS GROUP LIMITED AND ITS SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(In US Dollars)
| For the Six months Ended | ||||||||||
| June 30, 2025 | June 30, 2024 | |||||||||
| (Unaudited) | (Unaudited) | |||||||||
| Cash Flows from Operating Activities | ||||||||||
| Net loss | $ | (19,003,541 | ) | $ | (9,252,222 | ) | ||||
| Adjustments to reconcile net loss to net cash used in operating activities: | ||||||||||
| Stock-based compensation | (405,897 | ) | 618,543 | |||||||
| Depreciation and amortization | 1,021,476 | 1,019,961 | ||||||||
| Interest expense | 735,670 | 223,614 | ||||||||
| (Reversal)/Provision for credit loss | 2,080 | (321,898 | ) | |||||||
| Gain on foreign exchange transactions | 272,299 | 54,916 | ||||||||
| Loss on sale of Bitcoin | 5,873,799 | - | ||||||||
| Changes in operating assets and liabilities: | ||||||||||
| Accounts receivable | 1,243,818 | 34,104 | ||||||||
| Other receivable | (73,594 | ) | (5,904,240 | ) | ||||||
| Prepaid expenses and other current assets | (3,920,266 | ) | (177,083 | ) | ||||||
| Digital assets | 233,175 | - | ||||||||
| Inventories | - | 180,820 | ||||||||
| Accounts payable | 830,599 | (1,249,885 | ) | |||||||
| Accrued expenses and other current liabilities | (445,310 | ) | 156,300 | |||||||
| Contract liabilities | (296,561 | ) | (833,958 | ) | ||||||
| Income tax payable | (59,611 | ) | 50,926 | |||||||
| Net Cash used in Operating Activities | (13,991,864 | ) | (15,400,102 | ) | ||||||
| Cash Flows from Investing Activities | ||||||||||
| Internally developed software | (149,873 | ) | (239,156 | ) | ||||||
| Purchase of property and equipment | (4,499 | ) | (41,720 | ) | ||||||
| Investment at fair value | (40,000 | ) | (426,182 | ) | ||||||
| Net Cash Used in Investing Activities | (194,372 | ) | (707,058 | ) | ||||||
| Cash Flows from Financing Activities | ||||||||||
| Amount due to/from related party, net | 341,042 | 150,042 | ||||||||
| Interest paid | (735,670 | ) | (223,614 | ) | ||||||
| Proceeds from equity issuances | 7,311,098 | 13,457,414 | ||||||||
| Proceeds from loan | - | 4,970,269 | ||||||||
| Proceeds from sale of Bitcoin | 29,816,012 | - | ||||||||
| Purchase of Bitcoin | (16,206,460 | ) | - | |||||||
| Repayment of loan | (5,416,255 | ) | (2,245,479 | ) | ||||||
| Net Cash Provided by Financing Activities | 15,109,767 | 16,108,632 | ||||||||
| Effect of Exchange Rate Changes on Cash | 155,515 | (115,896 | ) | |||||||
| Net Increase / (Decrease) in Cash | 1,079,046 | (114,424 | ) | |||||||
| Cash – Beginning of period | 1,614,933 | 614,753 | ||||||||
| Cash – End of period | 2,693,979 | 500,329 | ||||||||
Summary Combined Consolidated Financial Data
| Unaudited Financials Six Months Ended (USD 000’s) | Audited Financials Year Ended (USD 000’s) | |||||||||||||||
| Summary Income Data: | June 30, 2025 | June 30, 2024 | December 31, 2024 | December 31, 2023 | ||||||||||||
| Revenue | 2,718 | 4,880 | 7,913 | 23,063 | ||||||||||||
| Cost of revenue | (1,957 | ) | (3,150 | ) | (5,330 | ) | (11,127 | ) | ||||||||
| Gross profit | 761 | 1,730 | 2,583 | 11,936 | ||||||||||||
| Other Operating Income | - | 19 | 25 | 344 | ||||||||||||
| Operating Expenses | (13,159 | ) | (10,826 | ) | (32,716 | ) | (48,347 | ) | ||||||||
| Operating Loss | (12,398 | ) | (9,077 | ) | (30,108 | ) | (36,067 | ) | ||||||||
| Other income | 3 | 48 | 5,038 | 32,981 | ||||||||||||
| Other Expense | (6,609 | ) | (224 | ) | (2,122 | ) | (3,704 | ) | ||||||||
| Net Loss Before Tax | (19,004 | ) | (9,253 | ) | (27,192 | ) | (6,790 | ) | ||||||||
| Tax Benefit | 1 | - | 2,252 | 1,079 | ||||||||||||
| Net Loss After Tax | (19,003 | ) | (9,253 | ) | (24,940 | ) | (5,711 | ) | ||||||||
| Other Comprehensive Income | 482 | 428 | (49 | ) | (204 | ) | ||||||||||
| Total Loss | (18,521 | ) | (8,825 | ) | (24,989 | ) | (5,915 | ) | ||||||||
| Net income per share, basic and diluted | (0.36 | ) | (0.84 | ) | (1.03 | ) | (1.00 | ) | ||||||||
| Weighted-average number of shares outstanding, basic and diluted | 53,195,540 | 11,009,270 | 24,153,220 | 5,550,197 | ||||||||||||
| Unaudited Financials Six Months Ended, (USD 000’s) | Audited Financials Year Ended (USD 000’s) | |||||||||||
| June 30, 2025 | December 31, 2024 | December 31, 2023 | ||||||||||
| Summary Balance Sheet Data: | ||||||||||||
| Total current assets | 27,018 | 42,419 | 9,634 | |||||||||
| Total non-current assets | 58,010 | 58,636 | 33,580 | |||||||||
| Total Assets | 85,028 | 101,055 | 43,214 | |||||||||
| Total current liabilities | 12,510 | 11,609 | 17,248 | |||||||||
| Total non-current liabilities | 4,683 | 10,036 | 6,251 | |||||||||
| Total Liabilities | 17,193 | 21,645 | 23,499 | |||||||||
| Total Shareholders’ Equity | 67,835 | 79,410 | 19,715 | |||||||||
| Total Liabilities and Shareholders’ Equity | 85,028 | 101,055 | 43,214 | |||||||||
Non-IFRS Financial Measure
We have included Adjusted EBITDA because it is a key measure used by our management and board of directors to understand and evaluate our core operating performance and trends, to prepare and approve our annual budget and to develop short- and long-term operational plans. In particular, the exclusion of certain expenses in calculating Adjusted EBITDA can provide a useful measure for period-to-period comparisons of our core business.
We calculate Adjusted EBITDA as net profit / loss for the period plus income taxes and social contribution plus / minus finance revenue /expense result plus depreciation and amortization plus impairments plus revaluation adjustment of contingent liabilities plus share-based compensation expenses plus bad debt provision.
Derived from Financial Statements
| Genius Group Unaudited Financials Six Months Ended (USD 000’s) | Group Audited Financials Year Ended (USD 000’s) | |||||||||||||||||
| June 30, 2025 | June 30, 2024 | December 31, 2024 | December 31, 2023 | |||||||||||||||
| Net Loss | (19,003 | ) | (9,253 | ) | (24,940 | ) | (5,711 | ) | ||||||||||
| Tax Benefits | (1 | ) | - | (2,252 | ) | (1,079 | ) | |||||||||||
| Interest Expense, net | 736 | 224 | 1,146 | 3,695 | ||||||||||||||
| Depreciation and Amortization | 1,021 | 1,020 | 2,059 | 3,271 | ||||||||||||||
| Legal expense (non-recurring) | 1,023 | 531 | 2,579 | 1,178 | ||||||||||||||
| Impairment | - | - | 8,427 | 15,372 | ||||||||||||||
| Revaluation adjustment of Contingent Liabilities | - | - | (3,714 | ) | (32,775 | ) | ||||||||||||
| Loss on disposal of bitcoin | 5,874 | - | - | - | ||||||||||||||
| Stock Based Compensation | 3,860 | 619 | 4,218 | 10 | ||||||||||||||
| Bad Debt Provision | 2 | 210 | (575 | ) | 2,822 | |||||||||||||
| Adjusted EBITDA | (6,488 | ) | (6,649 | ) | (13,052 | ) | (13,217 | ) | ||||||||||
Contacts
Investors:
Investor Relations Team
Email: investor@geniusgroup.net