Company:Genius Group

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Genius Group
Genius group logo.png
Type of businessPublicly traded
Traded asTemplate:Amex
Founded2002
Area servedWorldwide
Founder(s)Roger J. Hamilton
IndustryEdtech
RevenueIncrease US$3.21 million (Q4 2021)[1]
Operating incomeDecrease US$−1.5 million (Q4 2021)[2]
Net incomeDecrease US$−1.43 million (Q4 2021)[3]
Total assetsIncrease US$53.79 million (2020)[4]
Total equityIncrease US$53.79 million (2020)[5]
Employees241[6]
Subsidiaries
Websitegeniusgroup.net
Short description: Singapore-based Edtech company

Genius Group is a Singapore-based global Edtech and education company founded in 2002 by Cambridge University graduate, Roger James Hamilton. Genius Group is listed on NYSE American and delivers a lifelong learning curriculum to students in various countries.[7][8]

The company states that its mission is to develop an entrepreneurial education system that prepares students for the 21st century.[9]

History

Genius Group was founded in 2002 when Singapore-based entrepreneur, Roger James Hamilton created the Wealth Dynamics system as a personality profiling tool for entrepreneurs to discover their strengths and weaknesses, and build an entrepreneurial team.[10]

From 2012 to 2015, Genius Group developed a number of initiatives under the Entrepreneurs Institute brand. This included the Global Entrepreneur Summit, Talent Dynamics, and a full entrepreneur system to grow from start-up to the first million dollars in revenue called “The Millionaire Masterplan”.[11][12][13]

In 2020, Genius Group made a string of acquisitions to strengthen its entrepreneur education offerings. In July 2020, Genius Group Ltd acquired Entrepreneur Resorts for $32 million, with the existing shareholders exchanging their shares in Entrepreneur Resorts for shares in Genius Group Ltd. While Entrepreneur Resorts is still a public listed company on the Seychelles MERJ stock exchange, it is 98% owned by Genius Group Ltd.

Genius Group Ltd entered into agreements to acquire Education Angels, E-Square, Property Investors Network, and the University of Antelope Valley with acquisitions closing on or soon after the company’s IPO.[14][15][16][17]

On 12 April 2022, Genius Group had its IPO on NYSE American at an IPO share price of $6.00, issuing 3,763,636 ordinary shares, including 490,909 ordinary shares issued pursuant to the full exercise by the underwriter of its over-allotment option, and raising $22.5 million.[18][19]

References

  1. "NYSEAMERICAN:GNS - Google Search". https://g.co/kgs/AX7ok8. 
  2. "NYSEAMERICAN:GNS - Google Search". https://g.co/kgs/AX7ok8. 
  3. "NYSEAMERICAN:GNS - Google Search". https://g.co/kgs/AX7ok8. 
  4. "Genius Group Limited (GNS) Balance Sheet". https://stockanalysis.com/stocks/gns/financials/balance-sheet/. 
  5. "Genius Group Limited (GNS) Balance Sheet". https://stockanalysis.com/stocks/gns/financials/balance-sheet/. 
  6. "Genius Group Ltd (GNS) Stock Price & News - Google Finance". https://www.google.com/finance/quote/GNS:NYSEAMERICAN?sa=X&ved=2ahUKEwjZtpPq9Mb4AhWHP-wKHWBfBzkQ3ecFegQILRAg&window=MAX. 
  7. "Genius Group Ltd (GNS) Stock Price & News - Google Finance" (in en). https://www.google.com/finance/quote/GNS:NYSEAMERICAN. 
  8. "GNS | Genius Group Ltd. Stock Overview (U.S.: NYSE American)" (in en). https://www.barrons.com/market-data/stocks/gns. 
  9. "Entrepreneur Education Group" (in en). https://www.geniusgroup.net/. 
  10. "NewspaperSG - Terms and Conditions" (in en-SG). https://eresources.nlb.gov.sg/newspapers/Digitised/Article/today20040702-2.2.37.2. 
  11. "Millionaire Master Plan". https://www.millionairemasterplan.com/launch/. 
  12. Companies, RedChip. "Genius Group' Global Entrepreneur Summit Prepares Leaders for the 5th Wave During the Age of Covid-19". https://www.redchip.com/articles/1443/genius-group-global-entrepreneur-summit-prepares-leaders-for-the-5th-wave-during-the-age-of-covid-19. 
  13. "GROW YOUR BUSINESS WITH THE HELP OF OVER 20,000 ENTREPRENEURS" (in en). https://globalentrepreneursummit.geniusu.com/home/. 
  14. "University of Antelope Valley Company Profile: Acquisition & Investors | PitchBook" (in en). https://pitchbook.com/profiles/company/95638-87. 
  15. "IPO Update: Genius Group Seeks $40 Million U.S. IPO | Seeking Alpha" (in en). https://seekingalpha.com/article/4494960-genius-group-seeks-40-million-us-ipo. 
  16. "Press Release: Genius Group Acquires E-Squared Education Enterprises - E-square |Secretary's Day, Celebrating" (in en-US). 2021-01-12. https://e-square.co.za/2021/01/12/press-release-genius-group-acquires-e-squared-education-enterprises/. 
  17. Silva, Marc da (2021-01-04). "Genius Group acquires PIN for £10.8m" (in en-GB). https://propertyindustryeye.com/genius-group-agrees-to-buy-pin-for-10-8m/. 
  18. "Genius Group Is a Brilliant Idea That May Have Launched Late". https://www.nasdaq.com/articles/genius-group-is-a-brilliant-idea-that-may-have-launched-late. 
  19. "Genius Group (NYSEAM:GNS) - Share price, News & Analysis" (in en). https://simplywall.st/stocks/us/consumer-services/nysemkt-gns/genius-group. 

External links