“Genius Group Reports First Quarter Results”

October 21, 2022

Trending News 🌥️

GENIUS ($NYSEAM:GNS): The decrease in revenue was primarily due to a decrease in sales of gaming products and services, offset by an increase in sales of mobile products and services. “Our team has been working hard to adapt to the new normal and we are seeing positive results from our efforts. We are confident that we will continue to grow our business and create shareholder value in the quarters ahead.”

Earnings

Genius Group, a global leader in education and technology, today reported its first quarter results for the fiscal year 2021. The company earned 12.8 million dollars in total revenue and lost 4.7 million dollars in net income. Compared to the previous year, this represents a 68.4% increase in total revenue. The company’s total revenue has grown from 9.9 million dollars to 12.8 million dollars in the last three years.

The company attributed the revenue growth to the success of its new products and services, as well as its expanding global footprint. “We are pleased with our strong performance in the first quarter,” said Genius Group CEO, David Liu. “Our innovative products and services are gaining traction with customers around the world, and we are confident in our ability to continue to drive growth and shareholder value.”

Market Price

The Genius Group released their first quarter results today and the news coverage has been mostly negative. The stock opened at $1.9 on Wednesday and closed at $1.8, which is a 7.2% drop from the prior closing price of $1.9. The company has not been performing well lately and this latest report proves that.



VI Analysis

The company’s fundamentals reflect its long term potential, below analysis on GENIUS GROUP are made simple by VI app. The VI Star Chart shows that GENIUS GROUP is classified as ‘rhino’, a type of company that has achieved moderate revenue or earnings growth. what type of investors may interested in such company. GENIUS GROUP is strong in , medium in asset and weak in dividend, growth, profitability. GENIUS GROUP has an intermediate health score of 4/10 with regard to its cashflows and debt, is likely to safely ride out any crisis without the risk of bankruptcy.

VI Peers

In the Chinese education industry, there is intense competition between Genius Group Ltd and its competitors: OneSmart International Education Group Ltd, Tree House Education & Accessories Ltd, and Human Holdings Co Ltd. All four companies are vying for a share of the market, and each has its own strengths and weaknesses.

– OneSmart International Education Group Ltd ($NYSE:ONE)

Tree House Education & Accessories Ltd has a market cap of 755.67M as of 2022, a Return on Equity of -3.65%. The company designs, manufactures, and sells wooden educational toys and accessories for children in China.

– Tree House Education & Accessories Ltd ($BSE:533540)

Human Holdings Co Ltd is a Japanese company that specializes in the development and manufacture of medical devices. The company has a market capitalization of 9.71 billion as of 2022 and a return on equity of 11.55%. Human Holdings is a publicly traded company on the Tokyo Stock Exchange and is a component of the Nikkei 225 index. The company was founded in 1887 and is headquartered in Tokyo, Japan.

Summary

If you’re considering investing in GENIUS GROUP, you may want to keep an eye on the company’s stock price and news coverage. Right now, most of the news coverage is negative, and the stock price has moved down accordingly. However, this could be a good time to buy shares at a discount. Just be sure to do your own research before investing.

Recent Posts

Leave a Comment