Specific highlights included within the Investor Presentation
- 2023 results including
$70 million pro forma revenue, 150% pro forma revenue growth, 52% gross margin and 5.5 million students. - 10x revenue growth in the last 3 years and plan to 10x again, with its target plan to reach 100 million students, 100 Genius Cities and
$1 billion revenue. - Freemium to premium edtech model with target KPIs of under
$1 cost per student leading to$10 revenue per student per year, delivering a ROAS (Return on Acquisition Spend) of 10x annually. - Genius City learning ecosystems in partnership with schools, startups, businesses and government - each with a target of
$10 million in revenue within three years. - 2024 revenue growth forecast of 50% in comparison to the 14% average of its Edtech peers, and its 0.7x price / revenue ratio in comparison to the 4.7x average of its peers.
Compliance with NYSE Guidelines on Audit Opinion
As previously disclosed in its Annual Report on Form 20-F for the year ended
Stronger Balance Sheet
Following the filing of the Company’s 20-F and the recently announced warrant exercise,
Genius Group’s CEO,
The Company’s new Investor Presentation can be viewed at: https://ir.geniusgroup.net/
About
Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of the U.S. federal securities laws, including (without limitation) statements regarding our or our management’s expectations, hopes, beliefs, intentions or strategies regarding the future and other statements that are other than statements of historical fact. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. Forward-looking statements are generally identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result” and similar expressions, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties.
Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: the Company’s goals and strategies; the Company’s future business development; changes in demand for online learning; changes in technology; fluctuations in economic conditions; the growth of the online learning industry the United States and the other markets the Company serves or plans to serve; reputation and brand; the impact of competition and pricing; government regulations; and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the
Investor Relations
(949) 259-4987
GNS@mzgroup.us
www.mzgroup.us
Source:
2024 GlobeNewswire, Inc., source