Genius Group Stock Price, News & Analysis

Genius Group Limited (GNS) has signed a non-binding term sheet with Global Corporate Finance for up to US$7.5 million in at-the-market financing. This financing involves the issuance of ordinary shares at a price equivalent to the lowest calculated VWAP minus an 8% discount. The shares will be issued in tranches over a 30-month term, with a $150,000 commitment fee. The proceeds are intended for corporate purposes and expansion strategies. A definitive agreement is expected within 30 days.

Genius Group Limited (AMEX:GNS) has announced initial findings of an investigation by Christian Levine Law Group and Warshaw Burstein, LLP, revealing that certain individuals or companies may have engaged in illegal stock sales to manipulate the company's share price. This scheme appears aimed at artificially depressing the stock value. Genius Group plans to pursue all available legal remedies against those responsible for the alleged manipulation, reaffirming its commitment to protecting shareholder interests and maintaining market integrity.

Genius Group Limited (AMEX:GNS) has announced a virtual investor meeting on January 10, 2022, at 8:00 a.m. EST. CEO Roger Hamilton will discuss business updates and address shareholder questions, submitted in advance to investor@geniusgroup.net. The meeting aims to engage with shareholders and provide insights into the company's operations.

Genius Group is focused on revolutionizing education through an entrepreneurial Edtech approach, reaching a user base of 4.3 million worldwide.

Genius Group Limited (NYSE American: GNS) reported financial results for the nine months ended September 30, 2022. Revenue grew to $14.42 million, reflecting a 60.68% increase year-over-year. Gross margin improved to 33.96%, compared to 32.95% in the prior year. However, the company faced a net loss of ($6.09 million) and an EBITDA net loss of ($3.89 million). The number of students increased to 3.01 million, with paying students reaching 41,282, marking a 14% annual growth. The firm maintains a pro forma revenue guidance of $35.0m-$38.0m.

Genius Group Limited (GNS) will report its third quarter 2022 financial results on November 30, 2022, before the market opens. A live webcast will be hosted at 8:00 a.m. EST to discuss the results, available on the investor relations section of the Genius Group website. The company, a leader in Edtech with over 4.2 million students across 200 countries, aims to transform education through a student-centered curriculum focused on life skills and entrepreneurship.

Genius Group Limited (NYSE American: GNS) reported strong financial results for H1 2022, with revenue growing 17.18% to $7.44 million compared to H1 2021. Pro forma revenue reached $16.57 million, and gross margin improved to 29.97% from 25.85%. However, the company recorded a net loss of $3.50 million, with an EBITDA loss of $1.96 million. The student base grew to 2.8 million, with 39,124 paying students, reflecting a 9.44% annualized growth. The company maintained its 2022 pro forma adjusted EBITDA guidance, anticipating revenue between $35.0m-$38.0m.

Genius Group Limited (AMEX: GNS) has appointed Dr. Tracy Lynn West as President of the University of Antelope Valley (UAV), effective October 3. With over 17 years of experience in higher education, Dr. West previously served as Campus President at Concorde Career College, leading over 600 students and 85 staff members. This appointment follows Genius Group's acquisition of UAV and aims to strengthen its global entrepreneurial academic journey. CEO Roger James Hamilton highlighted Dr. West's transformational leadership as vital for the company's mission to disrupt the education sector.

Genius Group Limited (NYSE American: GNS) will present its first half 2022 financial results on October 19, 2022, before the market opens. A live webcast discussing the results will occur at 8:00 a.m. ET / 8:00 p.m. SGT the same day. Investors can access the webcast on the Genius Group investor relations page, where an archive will be available for six months. Genius Group focuses on creating a student-centered education model for lifelong learning, serving over 2.9 million students in 200 countries.

Genius Group Limited (GNS) has acquired Revealed Films Inc. for $10 million, enhancing its educational content for entrepreneurial programs. The acquisition, which closed on October 4, 2022, includes potential earnouts based on performance metrics through 2025. CEO Roger Hamilton expressed excitement over the collaboration, intending to produce high-quality educational videos. This acquisition follows Genius Group's strategy of expanding its global presence, having previously acquired several educational organizations worldwide.