Singapore's Genius Group Q3 revenue surges, swings to profit
GNS•Genius Group’s third-quarter revenue rose 81% year over year to $4.1 million, and the company swung to a net profit from operations.
1. Revenue and profitability
Genius Group said third-quarter revenue rose 81% year over year to $4.1 million. The company posted a net profit from operations, reversing a loss in the prior-year quarter.
2. Growth and plans
The company attributed revenue growth to Genius School, Genius Academy and Genius Resorts, and said all three operating units were profitable. Gross margin expanded as the business shifted toward higher-margin education programs. Genius Group plans to scale its Genius City model globally, targeting 100 cities, and pursue a $1.2 billion capital plan that includes AI and a Bitcoin treasury strategy.
