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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.

Rhea-AI Summary
Genius Group Limited and FatBrain AI 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 have achieved approximately $80 million of gross revenue in 2023, up over 100% year-on-year. The merger is expected to accelerate the delivery of a full lifelong learning, entrepreneurial education system to prepare humanity for the AI future. The merger has been approved by the boards of both companies, and the closing is subject to fulfillment of certain conditions, including shareholder and NYSE approval.
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Rhea-AI Summary
Genius Group Limited (NYSE American: GNS) announces its financial guidance for the financial year ending December 31, 2024, with an estimated annual revenue of $58m - $60m, a 110% increase from the 2023 guidance. The number of students and users is projected to increase to 9.5m - 10m, a 67% increase from 2023. The CEO, Roger Hamilton, highlights the high demand for AI-driven, Web3-based learning solutions and the company's position to serve the companies and talent seeking to learn and earn in the Age of AI.
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Genius Group Limited (NYSE American: GNS) has closed a public offering of 23,571,429 ordinary shares and associated warrants, generating approximately $8.25 million in gross proceeds. CEO Roger Hamilton converted $1 million of his outstanding loan to the Company into the securities offered in the public offering. The net proceeds will be used for general corporate purposes, including working capital, operating expenses, debt repayment, and to support acquisitions.
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Genius Group Limited (NYSE American: GNS) announced the pricing of a public offering of 23,571,429 of the Company’s ordinary shares, Series 2024-A warrants, and Series 2024-C warrants at a combined offering price of $0.35 per ordinary share and associated warrants.
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FatBrain AI (LZG International, OTCMKTS: LZGI) provides an update for shareholders, engaging Grassi & Co for the FY2023 corporate audit, achieving nearly $30 million in revenue in the first half of 2023, and projecting approximately $10 million in revenue for the first three months of calendar 2024. The company is in discussions with several other leading AI enterprises to pursue strategic growth.
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Genius Group Limited (NYSE American: GNS) announced the early extinguishment of $18.13 million in convertible notes, 15 months ahead of schedule. The note signed with Alto Opportunity Master Fund, SPC - Segregated Master Portfolio B, a fund managed by Ayrton Capital LLC, has been fully paid through a combination of cash and converted ordinary shares within the first 15 months of the original 30-month term.
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Genius Group Limited (GNS) updates financial guidance for the financial year ending December 31, 2023. Annual revenue is expected to be $27-29 million, a 43-60% increase from 2022. Net profit is expected to be adjusted to $3.0-5.0 million from a prior expected net loss of ($15.4)-($17.0) million. Student and user growth is expected to be between 5.7-6.0 million, a 27-33% increase from 2022.
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FatBrain AI (LZG International, OTCMKTS: LZGI) announced an agreement with Genius Group Limited (NYSE American: GNS) to launch a comprehensive AI Education Ecosystem. The global launch is expected in early 2024, empowering students and improving competitiveness for companies and governments. The partnership aims to deliver AI-based SAAS solutions and accelerate future progress.
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Genius Group Limited (NYSE American: GNS) announced the launch of a full AI Education Ecosystem in partnership with FatBrain AI. The ecosystem aims to provide education and upskilling solutions for governments, companies, universities, and schools. The partnership will offer AI-based training, upskilling courses, and personalized learning programs for students, institutions, and employees. The parties intend to launch the AI Education Ecosystem globally in early 2024.
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Genius Group Limited (NYSE American: GNS) announced the launch of the Global Exponential Entrepreneur Awards in partnership with OpenExO. The initiative aims to recognize, train, and equip entrepreneurs using exponential growth principles and technologies to scale their enterprises rapidly. The partnership includes access to the OpenExO community and resources, integration of OpenExO's principles into Genius Group's programs, and the launch of the Annual Exponential Entrepreneur Awards to showcase successful case studies globally.
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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.

Genius Group Limited

NYSE:GNS

GNS Rankings

GNS Stock Data

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