Welcome to our dedicated page for Genius Group news (Ticker: GNS), a resource for investors and traders seeking the latest updates and insights on Genius Group stock.
Genius Group Limited (GNS) is a dynamic Edtech and education company focused on providing specialized entrepreneur education, business development tools, and management consultancy services. The company operates through two primary segments: Education and Campus. The Education segment, which generates the majority of the company's revenue, offers a comprehensive entrepreneur education system that includes business development tools and consultancy. Meanwhile, the Campus segment encompasses entrepreneur resorts, retreats, and co-working cafes designed to foster innovation and collaboration among entrepreneurs.
Recent achievements of Genius Group include the successful expansion of its education programs, strategic partnerships with leading educational institutions, and the introduction of new business development tools tailored for entrepreneurs. The company is also actively engaged in several current projects aimed at enhancing the capabilities of its education platform and expanding its global reach.
Financially, Genius Group has demonstrated resilience and growth, supported by its robust business model and innovative offerings. The company's strong focus on the education segment has been a key driver of its revenue and market position.
Genius Group's partnerships with industry leaders and its continuous efforts in developing cutting-edge products have positioned the company as a significant player in the Edtech sector. The company's commitment to empowering entrepreneurs through education and strategic resources underscores its mission and vision for the future.
For the latest updates and relevant information about Genius Group Limited, investors can refer to recent news, such as updates on investor relations, forward-looking statements, and compliance with NYSE guidelines, among others.
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.
Genius Group Limited has appointed Timothy Murphy, former FBI Deputy Director, to its Board of Directors. With over 30 years in law enforcement, compliance, and intelligence, Murphy brings valuable expertise to support Genius Group's expansion of tech-focused degree programs. The appointment follows a series of acquisitions aimed at disrupting the education sector. Genius Group serves over 2.9 million students globally and aims to provide lifelong learning opportunities centered on entrepreneurship.
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