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SINGAPORE - Genius Group Limited (NYSE American: GNS), an AI-powered, Bitcoin-focused education company with a current market capitalization of $30.75 million, announced today its acquisition of Entrepreneur Resorts Ltd (ERL), a move set to expand the company’s Genius City model and increase its 2025 revenue guidance by 50%. According to InvestingPro data, the company’s financial health score is currently rated as weak, though its liquid assets exceed short-term obligations with a healthy current ratio of 3.65. The asset purchase agreement will reintegrate ERL’s entrepreneur cafés and resorts, located in Singapore, South Africa, and Bali, into Genius Group’s operations.
ERL, which had previously separated from Genius Group in September 2023, has since achieved a 23% growth in audited revenues, amounting to $5.9 million in 2023. The reintegration is expected to boost Genius Group’s revenue from approximately $10 million to a range of $15 million to $18 million for 2025. This projected growth aligns with InvestingPro analysts’ expectations of significant sales growth in the current year, though the company’s stock has shown considerable volatility, with a beta of 9.84.
The all-share transaction involves Genius Group issuing 50 million shares to ERL, valued at $21.5 million based on the closing price on June 9, 2025. ERL shareholders will receive 3 shares of Genius Group for each ERL share held, pending registration under SEC regulations. Additionally, Genius Group will provide $1 million in debt financing for rebranding and improvements related to the acquisition.
The acquisition has been approved by both companies’ boards and is awaiting regulatory approval, including from the New York Stock Exchange and under U.S. federal securities laws. The move aims to address the issue of restricted shares held by U.S. investors who were unable to trade their shares on the Blockchain-based Upstream Exchange, due to a regulatory outcome.
Jeremy Harris, CFO of Entrepreneur Resorts, expressed satisfaction with the reintegration, highlighting the synergies between the two companies and the resolution it brings to the trading issue for U.S. shareholders. Roger Hamilton, CEO of Genius Group, reiterated the company’s growth pillars for 2025, including expanding the Genius Education model and launching Genius Cities.
This news comes as Genius Group continues to evolve its business model, focusing on the "ABCs of the future: AI, Bitcoin, and Community." The company and ERL will host a joint shareholder meeting on Thursday, June 19, to discuss the transaction and answer questions.
The information in this article is based on a press release statement. Want deeper insights into Genius Group’s financials and growth prospects? InvestingPro offers comprehensive analysis with 17+ additional ProTips and a detailed Pro Research Report, helping investors make more informed decisions about this volatile stock.
In other recent news, Genius Group Limited has expanded its Bitcoin Treasury by 40%, now holding a total of 85.5 Bitcoin, after a favorable court ruling allowed the company to resume Bitcoin purchases. The company is also in the midst of legal battles, having filed an amended RICO lawsuit seeking over $750 million in damages against several individuals, alleging attempts to defraud and obstruct its operations. Furthermore, Genius Group plans to repurchase up to 20% of its shares following shareholder approval, while also shifting to cash payments for employee compensation due to legal restrictions on issuing shares. The company has been forced to downsize its Bitcoin holdings from 440 to 430 units to maintain liquidity amid ongoing legal constraints. These legal issues stem from allegations of fraud involving Fatbrain AI shareholders, which have led to a preliminary injunction halting Genius Group’s financing activities. In response, the company has filed an emergency motion to vacate the injunction, aiming to continue its growth plans. Despite these challenges, Genius Group remains focused on restructuring its operations and rebuilding its Bitcoin reserves. The company has also launched the Bitcoin Academy, featuring prominent advocates to educate students on digital economy preparedness.
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