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Genius Group Limited - GNS STOCK NEWS

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.

News

Genius Group announces the appointment of Mr. Adrian Reese as Chief Financial Officer

Rhea-AI Summary
Genius Group (NYSE American: GNS) appoints Mr. Adrian Reese as CFO to drive accelerated growth plans. Mr. Reese brings extensive global financial experience from Morgan Stanley and Alti Tiedemann Global. His expertise in financial planning & analysis aligns with the company's mission of AI education and acceleration.
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9.02%
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Genius Group Updated 2024 Financial Guidance: $105 million to $110 million revenue with $6.0 million to $7.0 million positive EBITDA

Rhea-AI Summary
Genius Group (GNS) announces updated financial guidance for 2024, with significant increases in revenue and EBITDA projections. The Company's expansion in operations and go-to-market strategy are driving this growth, focusing on AI education courses and acceleration offerings.
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-20.5%
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Genius Group and OpenExO Sign Merger Agreement, Accelerating Plans to Build Global AI Education Group

Rhea-AI Summary
Genius Group (NYSE American: GNS) and OpenExO have signed a definitive agreement to merge in an all-share transaction, aiming to build a global AI Education Group. The merger combines Genius Group's Edtech platform, GeniusU, with OpenExO's expertise in exponential thinking to create AI-driven exponential ecosystems. The goal is to prepare 100 million students for the exponential future by establishing 100 Genius Cities worldwide. Salim Ismail, founder of OpenExO, and Genius Group's CEO, Roger Hamilton, are optimistic about the accelerated growth and impact this merger will bring.
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40%
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News

Genius Group Release Additional Details of FatBrain AI Transaction

Rhea-AI Summary
Genius Group (GNS) announces the acquisition of FatBrain AI assets to form an AI-powered Education and Acceleration group. The deal structure involves an all-share transaction leading to significant growth in revenue and profit. Post-transaction, Genius Group's pro forma revenue and net profit are expected to increase by approximately 150%. The balance sheet will see a 40% growth in total assets and a 50% growth in total liabilities. The transaction leaves Genius Group as the parent company with FatBrain assets in a subsidiary, trading on NYSE American. The leadership team and ownership structure have been redefined post-transaction, with approvals from shareholders, the board, and regulators in place. Market capitalization comparisons with industry peers show potential upside in share price. The Growth Plan aims to launch 100 Genius Cities, impact 100 million customers and students, and achieve $1 billion in annual revenues within the next decade.
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40%
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Genius Group to Host Genius Investor Call on 21 March, 2024 Providing Revised Post-merger 2024 Guidance and Roadmap

Rhea-AI Summary
Genius Group (NYSE American: GNS) will host a Live Virtual investor Call on March 21, 2024, featuring key updates on post-merger growth strategy, Genius City Plan, AI product & partnership, legal actions, and financial guidance. Shareholders can submit questions in advance for a Q&A session.
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5.79%
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Genius Group Completes FatBrain AI Merger, 150% Increase in 2023 Combined Proforma Revenue Guidance

Rhea-AI Summary
Genius Group (GNS) and FatBrain AI Complete Merger to Form AI-Powered Education and Acceleration Group, Anticipate Significant Revenue and Profit Growth, Launch 'Genius City' Model
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36.9%
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Genius Group launches AI Avatar C-Suite, Featuring Einstein, Michelangelo & George Washington

Rhea-AI Summary
Genius Group Limited (GNS) launches AI Avatar C-Suite Teams on GeniusU platform, providing 50 AI-powered 'Expert' Avatars and Tools for entrepreneurs. The suite includes 32 AI Avatar Expert Advisors, 12 AI Tools, instant AI language conversion, and AI education courses. The CEO mentions a significant drop in user acquisition cost, signaling high demand for AI avatars.
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11.26%
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Genius Group expands AI-Powered Genius University

Rhea-AI Summary
Genius Group Limited (NYSE American: GNS) announced the launch of new initiatives to expand its AI-Powered Genius University, including over 50 AI tools for students, AI Avatar C-Suite Teams, and growth of Genius Apprentice and Scholarship Programs. The company aims to meet the increasing demand for AI education by transitioning to online and hybrid models.
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Genius Group launches AI Avatar Tutor Team on GeniusU

Rhea-AI Summary
Genius Group Limited (NYSE American: GNS) launches AI Avatar Tutor Teams on GeniusU platform, offering personalized AI tutors and tools to 5.4 million students. The project attracted 25,000 students in the beta phase and received support from Microsoft. The integration includes 16 AI Avatar Tutors, 9 AI Tools, instant language conversion, and 3 membership levels. The initiative led to a 150% growth in student acquisition with reduced costs. Future plans involve developing enterprise-related AI Genius Teams.
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0.86%
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LZGI International, dba FatBrain AI ($LZGI) and Genius Group Agree to Merge into Growth Platform to Accelerate the Exponential Economy of Tomorrow

Rhea-AI Summary
FatBrain AI and Genius Group Limited have signed a definitive merger agreement to power ecosystems of tomorrow for entrepreneurs, enterprises, governments, and students through AI education and enablement. The combined businesses are estimated to have achieved approximately $80 million of gross revenue in 2023, up over 100% year-on-year. The merger accelerates plans to deliver a full lifelong learning, entrepreneurial education system to prepare humanity for the AI future, with substantial growth in anticipated pro forma revenues and profitability.
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28.77%
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FAQ

What is the current stock price of Genius Group (GNS)?

The current stock price of Genius Group (GNS) is $0.8715 as of November 15, 2024.

What is the market cap of Genius Group (GNS)?

The market cap of Genius Group (GNS) is approximately 20.1M.

What does Genius Group Limited do?

Genius Group Limited provides entrepreneur education, business development tools, and management consultancy services. It also runs entrepreneur resorts and co-working cafes.

What are the main business segments of Genius Group Limited?

The two main business segments are Education, which includes entrepreneur education and consultancy, and Campus, which includes resorts and co-working cafes.

Where does Genius Group derive most of its revenue?

The majority of the company's revenue comes from its Education segment.

What recent achievements has Genius Group Limited made?

Recent achievements include the expansion of education programs, strategic partnerships, and the introduction of new business development tools.

How is Genius Group Limited performing financially?

The company has shown resilience and growth, with a strong focus on its Education segment driving revenue.

Who should I contact for investor relations at Genius Group Limited?

For investor relations, you can contact Brian M. Prenoveau, CFA, Managing Director at MZ Group - MZ North America at (561) 489-5315 or GNS@mzgroup.us.

What are some of the current projects of Genius Group Limited?

Current projects include enhancing the education platform and expanding global reach.

What is the mission of Genius Group Limited?

The mission is to empower entrepreneurs through education and strategic business resources.

What is the significance of the Campus segment for Genius Group?

The Campus segment includes resorts, retreats, and co-working cafes designed to support entrepreneurs' innovation and collaboration.

How can I access recent news about Genius Group Limited?

You can access recent news through the company's investor relations contacts or by following updates on their official website.

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Genius Group Limited

NYSE:GNS

GNS Rankings

#5280 Ranked by Market Cap
N/A Ranked by Dividends

GNS Stock Data

20.07M
21.71M
4.66%
0.87%
7.92%
Education & Training Services
Consumer Defensive
Link
United States of America
Singapore