6-K

Genius Group Ltd (GNS)

6-K 2025-09-23 For: 2025-09-23
View Original
Added on April 07, 2026


UNITEDSTATES

SECURITIESAND EXCHANGE COMMISSION

Washington,D.C. 20549

FORM6-K

REPORTOF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13A-16 OR 15D-16 UNDER THE

SECURITIES EXCHANGE ACT OF 1934

For the month of September, 2025

Commission File Number: 001-41353

GeniusGroup Limited

(Translation of registrant’s name into English)

3Temasek Avenue,

#18-01,Centennial Tower

Singapore039190

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒ Form 40-F ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ________.

Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders. Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): __________.

Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.

ExhibitIndex

Exhibit

99.1 Genius Group Announces 25% revenue growth on proforma basis in First Half of 2025
99.2 Genius Group Limited Reports Unaudited Financial Results for H1 2025

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

GENIUS GROUP LIMITED
Date:<br> September 23 2025
By: /s/ Roger James Hamilton
Name: Roger<br> James Hamilton
Title: Chief<br> Executive Officer and Chairman<br><br> <br>(Principal Executive Officer)

Exhibit99.1

GeniusGroup Announces 25% Increase in Revenue on proforma basis,

57%Decrease in Net Loss per Share in First Half of 2025


Totalassets increased 20% to $121.3 million


SINGAPORE,September 23, 2025 - Genius Group Limited (NYSE American: GNS) (“Genius Group” or the “Company”), a leading AI-powered, Bitcoin-first education group, today announced its financial results for the first half of 2025.

Roger Hamilton, CEO of Genius Group, said “In the first half of 2025, Genius Group was hamstrung by a preliminary injunction preventing the company from raising funds or building its treasury. We have claimed in a RICO lawsuit (Case No: 1:25-cv-21496-BB) that this was a deliberate act taken by third parties to damage the company and its shareholders. We are pleased that further to the injunction being stayed on appeal in April, we had enough time to begin to repair the damage. As a result, we are pleased to report a strengthening of our operations and our balance sheet as at the end of June 2025.”

“Furthermore, the second half of 2025 has proven to be the strongest in our history, with a series of successful M&A transactions and product launches resulting in rapid growth in our Genius Academy, our Bitcoin Treasury and the launch of our Genius City model. We have seen a more than 600% increase in our market capitalization over the last six months and are now exceptionally well positioned for positive, profitable growth in the year ahead.”

Genius Group’s unaudited first half financial results are for the operations of the Company including financials related to the Entrepreneur Resorts Ltd (ERL), Genius City (GC) and ProEd (PE) transactions signed in the second half of 2025. The financial results are prepared on an auditor review basis (existing group) and proforma (including acquisitions) for June 2025 and are compared with reviewed financials of June 2024.

FinancialHighlights for the First Half of 2025

First<br> half revenue of $6.1 million on proforma basis ($2.7 million on review basis), compared to<br> $4.9 million for first half of 2024 on review basis, representing a 25% year-on-year revenue<br> growth on proforma basis and 44.32% reduction on review basis. The increase in revenue<br> on pro forma basis is primarily due to acquisition of ERL and PE, whilst the decrease in<br> revenue on review basis is due to both the closure in 2024 of loss-making subsidiaries and<br> the reduction of revenues due to downsizing operations as a result of the Preliminary Injunction<br> (PI).
First<br> half operating expenses of $13.5 million on proforma basis ($13.1 million on<br> review basis), compared to $10.8 million for first half of 2024. The increase in cost of<br> the existing group is due to the legal and compliance cost due to the dispute related to<br> the failed 2024 transaction of LZG International Inc (LZGI) and the PI.
First<br> half total loss of $17.3 million on proforma basis ($18.5 million on review basis), compared<br> to $8.8 million loss for first half of 2024. The Company has calculated that $15.9 million<br> of the loss was directly due to the impact of the PI, including the cost resulting from the<br> forced liquidation of Bitcoin at a loss, legal fees and related costs of the PI. These are<br> the subject of the RICO lawsuit in which the Company is claiming for $750 million in triple<br> damages.
First<br> half loss per share of ($0.36) per basic and diluted share compared to loss per share of<br> ($0.84) per basic and diluted share in first half of 2024, representing a 57% reduction in<br> loss per share.
$3.70<br> million cash and equivalents on proforma basis as of June 30, 2025 ($2.70 million on review<br> basis), compared to $1.61 million as of December 31, 2024, representing a 130% increase.
First<br> half total current assets of $32.5 million on proforma basis ($27.01 million on review basis),<br> compared to $42.41 million as of December 31, 2024, representing a 23% decrease. The reduction<br> was mainly due to the liquidation of Bitcoin during the period. GNS was holding 319.43 BTC<br> as of December 31, 2024 which reduced to 100.10 BTC as of June 30, 2025.
First<br> half total assets of $121.26 million on proforma basis ($85.03 million on review basis),<br> compared to $101.05 million as of December 31, 2024, representing a 20% increase in total<br> assets. Whilst total assets on review basis decreased due to the liquidation of Bitcoin during<br> the period, total assets on proforma basis grew as a result of the M&A transactions in<br> the second half of 2025. GNS was holding 319.43 BTC as of December 31, 2024 which reduced<br> to 100.10 BTC as of June 30, 2025.
First<br> half net assets of $85.59 million on proforma basis ($67.8 million on review basis), compared<br> to $79.41 million as of December 31, 2024, representing an increase of 8%.

Strategicand Operational Highlights for the First Half of 2025

Building<br> a Bitcoin Treasury of 420 Bitcoin within 2 months of announcing its Bitcoin Treasury before the court order restraining the Company<br> from issuing shares, raising funds or buying Bitcoin.
Featuring<br> top thought leaders and experts within the Company’s Bitcoin Academy, including Saifedean Ammous, author of the Bitcoin Standard,<br> and content together with sponsorship of two top Podcasters and Influencers related to Bitcoin, Natalie Brunell and Anthony Pompliano.
Rationalization<br> of operations to ensure profitable operating units, and sustainability of Company after TRO and PI was imposed on Company in February<br> 2025, and taking immediate legal action.
Filing<br> of RICO lawsuit against Peter Ritz and Michael Moe in March 2025, for $750 million in triple damages.
Filing<br> an appeal against the PI and winning a stay on the PI in April 2025.
Gaining<br> shareholder approval for the Board to take various actions to protect the company including executing up to 20% share buyback, issuance<br> of Super-Voting Shares and preferred shares.
Resumption<br> of business in May and June 2025 with growth of Genius Academy and launch of Genius City.
Rebuilding<br> Bitcoin Treasury rapidly to 200 Bitcoin after stay on PI was granted.
Acquisition<br> of Entrepreneur Resorts via Asset Purchase Agreement in June 2025, with 50% increase in 2025 Revenue Guidance from $10 million to<br> $15 million - $18 million for 2025.

RecentStrategic and Operational Highlights

Acquisition<br> of Entrepreneur Resorts via Asset Purchase Agreement on June 17, 2025 with closing on July 31, 2025, with growth plan and rebranding<br> underway to Genius Resorts.
Purchase<br> by Genius Group’s CEO, Roger Hamilton of 650,000 shares on the open market, increasing his shareholding by 10%, restating his<br> optimism for the future growth of the Company.
Company<br> announcement on the distribution on all proceeds of future legal wins, with 50% being distributed to shareholders as a dividend and<br> 50% to be reinvested in the Company’s Bitcoin Treasury
Recovery<br> from baby shelf to full shelf status as a result of the Company’s increase in market capitalization within 60 days of the PI<br> being stayed, and SEC approval of the Company’s $1.2 billion shelf offering.
Revision<br> of the Company’s Bitcoin Treasury target from 1,000 BTC to 10,000 BTC.
Appointment<br> of Kevin Malone and Saifedean Ammous as Board Advisors
Launch<br> of Genius Academy with Microcourses featuring Michael Saylor, Cathie Wood, Mark Cuban, Robert Kiyosaki, Robert F Kennedy Jr, and<br> top thought leaders and entrepreneurs.
Signing<br> of $14 million share purchase and joint venture agreement with Nuanu for the launch of Genius City, Bali, targeted to reach $20 million<br> revenue and $6 million net profit within four years.
Launch<br> of Genius City scheduled for October 2025 at Genius Future Summit, featuring top entrepreneurs and thought leaders including Steven<br> Bartlett, Founder of Flight Story & thirdweb, Host of The Diary of a CEO podcast.
Announcement<br> of plans to dual list on an Asian exchange.
Three<br> consecutive buybacks of one million shares each by the Company in the last three months.
As<br> a result of buybacks, insider purchase of shares and investors choosing to move their shares to book entry, achieving 60.3% of issued<br> shares in book entry, with 39.7% remaining at brokers in September 2025.
Achievement<br> of the first of ten milestones to $1 billion market capitalization, in the Company’s Founder Compensation Plan, with $100 million<br> market capitalization being reached and exceeded.
600%<br> increase in the Company’s market capitalization in the six months since PI was stayed.

Gaurav Dama, CFO of Genius Group said “We remain committed to strengthening our balance sheet and driving operational efficiency across the Group. Over the past quarter, we have streamlined operations with a clear focus on enabling our profit centers to generate sustainable positive cashflows, while at the Group level, we continue to take disciplined measures to reduce central costs. These initiatives, coupled with our ongoing emphasis on cost optimization and financial discipline, are laying the foundation for long-term value creation and a stronger financial position”


Other

The audit opinion of its audited consolidated financial statements for the fiscal year ended December 31, 2024, included in the Company’s Annual Form on 20F filed with the Securities and Exchange Commission on April 30, 2025, prepared as going concern. The Company’s unaudited condensed consolidated financial statements as of June 30, 2025 have been prepared on a going concern basis.


AboutGenius Group

Genius Group (NYSE: GNS) is a Bitcoin-first business delivering AI powered, education and acceleration solutions for the future of work. Genius Group serves 5.8 million users in over 100 countries through its Genius City model and online digital marketplace of AI training, AI tools and AI talent. It provides personalized, entrepreneurial AI pathways combining human talent with AI skills and AI solutions at the individual, enterprise and government level. To learn more, please visit www.geniusgroup.net.

InvestorNotice

Investing in our securities involves a high degree of risk. Before making an investment decision, you should carefully consider the risks, uncertainties and forward-looking statements described in our most recent Annual Report on Form 20-F, as amended for the fiscal year ended December 31, 2024, filed with the SEC on April 30, 2025. If any of these risks were to occur, our business, financial condition or results of operations would likely suffer. In that event, the value of our securities could decline, and you could lose part or all of your investment. The risks and uncertainties we describe are not the only ones facing us. Additional risks not presently known to us or that we currently deem immaterial may also impair our business operations. In addition, our past financial performance may not be a reliable indicator of future performance, and historical trends should not be used to anticipate results in the future. See “Forward-Looking Statements” below.

Forward-LookingStatements

Statements made in this press release include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements can be identified by the use of words such as “may,” “will,” “plan,” “should,” “expect,” “anticipate,” “estimate,” “continue,” or comparable terminology. Such forward-looking statements are inherently subject to certain risks, trends and uncertainties, many of which the Company cannot predict with accuracy and some of which the Company might not even anticipate and involve factors that may cause actual results to differ materially from those projected or suggested. Readers are cautioned not to place undue reliance on these forward-looking statements and are advised to consider the factors listed above together with the additional factors under the heading “Risk Factors” in the Company’s Annual Reports on Form 20-F, as may be supplemented or amended by the Company’s Reports of a Foreign Private Issuer on Form 6-K. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events, new information or otherwise.

GENIUSGROUP LIMITED AND ITS SUBSIDIARIES

CONDENSEDCONSOLIDATED STATEMENTS OF FINANCIAL POSITION

(InUS Dollars)

Asof June 30,2025 As of December 31, 2024
(Unaudited) (Audited)
Assets
Current Assets
Cash and cash equivalents 2,693,979 1,614,933
Accounts receivable, net 407,341 1,653,238
Other receivables 1,708,816 1,741,176
Due from related parties 6,309,649 5,714,741
Digital assets 10,724,607 30,441,133
Inventories 467,230 467,230
Prepaid expenses and other current assets 4,706,643 786,376
Total Current Assets 27,018,265 42,418,827
Property and equipment, net 316,837 301,531
Investments at fair value 1,461,112 1,381,666
Investments in joint venture 393 366
Goodwill 8,407,631 8,338,547
Intangible assets, net 11,048,771 11,913,096
Deferred tax asset 1,332 1,332
Other receivables 831,620 758,025
Other non-current assets 35,941,961 35,941,961
Total Assets 85,027,922 101,055,351
Liabilities and Shareholders’ Equity
Current Liabilities
Accounts payable 4,116,094 3,285,495
Accrued expenses and other current liabilities 1,621,621 2,066,930
Contract liabilities 1,434,816 1,731,378
Income tax payable 194,823 254,434
Due to related parties 4,937,041 4,001,091
Loans payable – current portion 181,030 229,815
Short term debt 25,000 40,000
Total Current Liabilities 12,510,425 11,609,143
Due to related parties 1,963 1,789
Loans payable – non-current portion 4,681,520 10,033,989
Total Liabilities 17,193,908 21,644,921
Commitments and Contingencies Shareholders’ Equity:
Contributed capital 173,247,096 166,301,870
Reserves (8,026,414 ) (8,508,313 )
Accumulated deficit (102,989,010 ) (84,014,856 )
Capital and reserves attributable to owners of Genius Group Ltd 62,231,672 73,778,701
Non controlling interest 5,602,342 5,631,729
Total Shareholders’ Equity 67,834,014 79,410,430
Total Liabilities and Shareholders’ Equity 85,027,922 101,055,351

GENIUSGROUP LIMITED AND ITS SUBSIDIARIES

CONDENSEDCONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS

(InUS Dollars)

June 30, 2025 June 30, 2024
(Unaudited) (Unaudited)
Revenue $ 2,717,485 $ 4,880,309
Cost of revenue (1,956,734 ) (3,149,970 )
Gross profit 760,751 1,730,339
Operating (Expenses) Income
General and administrative (11,136,142 ) (9,510,000 )
Depreciation and amortization (727,573 ) (729,690 )
Other operating income 418 19,238
Legal expenses (1,023,496 ) (531,252 )
Loss from foreign currency transactions (272,299 ) (54,916 )
Total operating expenses (13,159,092 ) (10,806,620 )
Loss from Operations (12,398,341 ) (9,076,281 )
(Expense) Income
Interest expense, net (735,670 ) (223,614 )
Loss on sale of Bitcoin (5,873,799 ) -
Other income 3,083 47,673
Total Other Expense (6,606,386 ) (175,941 )
Loss Before Income Tax (19,004,727 ) (9,252,222 )
Income Tax Benefit 1,186 -
Net Loss (19,003,541 ) (9,252,222 )
Other comprehensive income:
Foreign currency translation 481,899 427,926
Total Comprehensive Loss (18,521,642 ) (8,824,296 )
Total Comprehensive Loss is attributable to:
Owners of Genius Group Ltd (18,492,255 ) (8,801,755 )
Non controlling interest (29,387 ) (22,541 )
Total Comprehensive Loss (18,521,642 ) (8,824,296 )
Weighted-average number of shares outstanding, basic and diluted 53,195,540 11,009,270
Basic and diluted loss per share from continuing operations (0.36 ) (0.84 )

GENIUSGROUP LIMITED AND ITS SUBSIDIARIES

CONDENSEDCONSOLIDATED STATEMENTS OF CASH FLOWS

(InUS Dollars)

For the Six months Ended
June 30, 2025 June 30, 2024
(Unaudited) (Unaudited)
Cash Flows from Operating Activities
Net loss $ (19,003,541 ) $ (9,252,222 )
Adjustments to reconcile net loss to net cash used in operating activities:
Stock-based compensation (405,897 ) 618,543
Depreciation and amortization 1,021,476 1,019,961
Interest expense 735,670 223,614
(Reversal)/Provision for credit loss 2,080 (321,898 )
Gain on foreign exchange transactions 272,299 54,916
Loss on sale of Bitcoin 5,873,799 -
Changes in operating assets and liabilities:
Accounts receivable 1,243,818 34,104
Other receivable (73,594 ) (5,904,240 )
Prepaid expenses and other current assets (3,920,266 ) (177,083 )
Digital assets 233,175 -
Inventories - 180,820
Accounts payable 830,599 (1,249,885 )
Accrued expenses and other current liabilities (445,310 ) 156,300
Contract liabilities (296,561 ) (833,958 )
Income tax payable (59,611 ) 50,926
Net Cash used in Operating Activities (13,991,864 ) (15,400,102 )
Cash Flows from Investing Activities
Internally developed software (149,873 ) (239,156 )
Purchase of property and equipment (4,499 ) (41,720 )
Investment at fair value (40,000 ) (426,182 )
Net Cash Used in Investing Activities (194,372 ) (707,058 )
Cash Flows from Financing Activities
Amount due to/from related party, net 341,042 150,042
Interest paid (735,670 ) (223,614 )
Proceeds from equity issuances 7,311,098 13,457,414
Proceeds from loan - 4,970,269
Proceeds from sale of Bitcoin 29,816,012 -
Purchase of Bitcoin (16,206,460 ) -
Repayment of loan (5,416,255 ) (2,245,479 )
Net Cash Provided by Financing Activities 15,109,767 16,108,632
Effect of Exchange Rate Changes on Cash 155,515 (115,896 )
Net Increase / (Decrease) in Cash 1,079,046 (114,424 )
Cash – Beginning of period 1,614,933 614,753
Cash – End of period 2,693,979 500,329

SummaryCombined Consolidated Financial Data

Unaudited Financials Six Months Ended ( 000’s) Audited Financials Year Ended ( 000’s)
Summary Income Data: June 30,<br> 2025 June 30,<br><br> <br>2024 December 31,<br> 2024 December 31,<br><br> <br>2023
Revenue 4,880 23,063
Cost of revenue ) (3,150 ) ) (11,127 )
Gross profit 1,730 11,936
Other Operating Income 19 344
Operating Expenses ) (10,826 ) ) (48,347 )
Operating Loss ) (9,077 ) ) (36,067 )
Other income 48 32,981
Other Expense ) (224 ) ) (3,704 )
Net Loss Before Tax ) (9,253 ) ) (6,790 )
Tax Benefit - 1,079
Net Loss After Tax ) (9,253 ) ) (5,711 )
Other Comprehensive Income 428 ) (204 )
Total Loss ) (8,825 ) ) (5,915 )
Net income per share, basic and diluted ) (0.84 ) ) (1.00 )
Weighted-average number of shares outstanding, basic and diluted 11,009,270 5,550,197

All values are in US Dollars.


Unaudited Financials Six Months Ended, ( 000’s) Audited Financials Year Ended<br> ( 000’s)
June 30,<br> 2025 December 31,<br> 2024 December 31,<br><br> <br>2023
Summary Balance Sheet Data:
Total current assets 9,634
Total non-current assets 33,580
Total Assets 43,214
Total current liabilities 17,248
Total non-current liabilities 6,251
Total Liabilities 23,499
Total Shareholders’ Equity 19,715
Total Liabilities and Shareholders’ Equity 43,214

All values are in US Dollars.



Non-IFRSFinancial Measure

We have included Adjusted EBITDA because it is a key measure used by our management and board of directors to understand and evaluate our core operating performance and trends, to prepare and approve our annual budget and to develop short- and long-term operational plans. In particular, the exclusion of certain expenses in calculating Adjusted EBITDA can provide a useful measure for period-to-period comparisons of our core business.

We calculate Adjusted EBITDA as net profit / loss for the period plus income taxes and social contribution plus / minus finance revenue /expense result plus depreciation and amortization plus impairments plus revaluation adjustment of contingent liabilities plus share-based compensation expenses plus bad debt provision.

Derivedfrom Financial Statements

Genius Group Unaudited Financials Six Months<br> Ended ( 000’s) Group Audited Financials Year<br> Ended ( 000’s)
June 30, 2025 June 30,<br> <br>2024 December 31, 2024 December 31,<br> <br>2023
Net Loss ) (9,253 ) ) (5,711 )
Tax Benefits ) - ) (1,079 )
Interest Expense, net 224 3,695
Depreciation and Amortization 1,020 3,271
Legal expense (non-recurring) 531 1,178
Impairment - 15,372
Revaluation adjustment of Contingent Liabilities - ) (32,775 )
Loss on disposal of bitcoin - -
Stock Based Compensation 619 10
Bad Debt Provision 210 ) 2,822
Adjusted EBITDA ) (6,649 ) ) (13,217 )

All values are in US Dollars.

Contacts

Investors:

Investor Relations Team

Email: investor@geniusgroup.net

Exhibit99.2

GeniusGroup Limited Reports Unaudited Financial Results for H1 2025


First half revenue of $6.1 million on proforma basis ($2.7 million on review basis), compared to $4.9 million for first half of 2024 on review basis, representing a 25% year-on-year revenue growth. The increase in revenue on pro forma basis is primarily due to acquisition of ERL and PE, whilst the decrease in revenue on review basis is due to both the closure in 2024 of loss-making subsidiaries and the reduction of revenues due to downsizing operations as a result of the Preliminary Injunction (PI).
First half operating expenses of $13.5 million on proforma basis ($13.1 million on review basis), compared to $10.8 million for first half of 2024. The increase in cost of the existing group is due to the legal and compliance cost due to the dispute related to the failed 2024 transaction of LZG International Inc (LZGI) and the PI.
First half total loss of $17.3 million on proforma basis ($18.5 million on review basis), compared to $8.8 million loss for first half of 2024. The Company has calculated that $15.9 million of the loss was directly due to the impact of the PI, including the cost resulting from the forced liquidation of Bitcoin at a loss, legal fees and related costs of the PI. These are the subject of the RICO lawsuit in which the Company is claiming for $750 million in triple damages.
First half loss per share of ($0.36) per basic and diluted share compared to loss per share of ($0.84) per basic and diluted share in first half of 2024, representing a 57% reduction in loss per share.
$3.70 million cash and equivalents on proforma basis as of June 30, 2025 ($2.70 million on review basis), compared to $1.61 million as of December 31, 2024, representing a 130% increase.
First half total current assets of $32.5 million on proforma basis ($27.01 million on review basis), compared to $42.41 million as of December 31, 2024, representing a 23% decrease. The reduction was mainly due to the liquidation of Bitcoin during the period.
First half total assets of $121.26 million on proforma basis ($85.03 million on review basis), compared to $101.05 million as of December 31, 2024, representing a 20% increase in total assets. Whilst total assets on review basis decreased due to the liquidation of Bitcoin during the period, total assets on proforma basis grew as a result of the M&A transactions in the second half of 2025.
First half net assets of $85.59 million on proforma basis ($67.8 million on review basis), compared to $79.41 million as of December 31, 2024, representing an increase of 8%.

Theunaudited financials are prepared in accordance with the standard financial statement requirement without including notes to financials.The unaudited financial statements have been reviewed by the Company auditor.

Singapore- (BUSINESS WIRE) - Genius Group Limited. (NYSE American: GNS), a world-leading entrepreneur Edtech and education group, todayannounced financial results for the first half of 2025.

KeyBusiness Metrics

We monitor the key business metrics and non-IFRS financial measures set forth below to help us evaluate our business and growth trends, set growth targets and budgets, and measure the effectiveness of our sales and marketing efforts. These key business metrics and non-IFRS financial measures are presented for supplemental informational purposes only, are not a substitute for IFRS financial measures, and may differ from similarly titled metrics or measures presented by other companies. See “Management’s Discussion and Analysis of Financial Condition and Results of Operations — Key Business Metrics and Non-IFRS Financial Measures” for detailed descriptions of the measures and metrics shown below.

Management’sDiscussion and Analysis of Financial Condition and Results of Operations

Overview

We are a Bitcoin-first business delivering AI powered, education and acceleration solutions for the future of work. Genius Group serves 5.8 million users in over 100 countries through its Genius City model and online digital marketplace of AI training, AI tools and AI talent. It provides personalized, entrepreneurial AI pathways combining human talent with AI skills and AI solutions at the individual, enterprise and government level. To learn more, please visit www.geniusgroup.net.Our mission is to disrupt the current education model with a personalized, student-centered, Bitcoin-first, AI powered lifelong learning curriculum that prepares our global community with the leadership, entrepreneurial and life skills to succeed in today’s market.

Our financial growth model is based on a combination of three main factors:

1. Growth of our Bitcoin Treasury<br> and net assets, through the acquisition and custody of Bitcoin, which we believe will deliver long term value preservation to our<br> shareholders.
2. Growth of our Edtech platforms<br> GeniusU and GeniusGroup.AI, with its digital curriculum and global student base, via wholly owned curriculum, hosting partners, and<br> their content.
3. Growth of our Genius City<br> model, delivering a full lifelong learning curriculum in physical learning communities, from early learning to primary, secondary<br> and adult learning.

To provide an accurate discussion and analysis of financial condition and results of operation, the financial reports provided and discussed below are grouped in the following two sections:

Financials for the Group: Audited financials provided for the financial years ended December 31, 2024 and 2023, including Genius Group Limited<br> GeniusU Ltd (launched October 2019), Property Investors Network (acquired April 2022), Education Angels (acquired April 2022) and<br> E-Squared Education (acquired May 2022), University of Antelope Valley (acquired July 2022) and Revealed Film (acquired October 2022).
Pro forma financials for Genius Group (The full Group including the Group and all Acquisitions YTD): Unaudited pro forma financials provided for the six-month period ended June<br> 30, 2025 for the full Group, including all the acquired companies YTD as if they were operating as one during these periods.
--- ---

Resultsof Operations

PeriodEnded June 30, 2025, Compared to Period Ended June 30, 2024

The below discussion and analysis are for the unaudited financials of June 30, 2025 compared to June 30, 2024. For simplicity, any reference to the first half of 2025 is with reference to the 6 months financials as of and for the period ended June 30, 2025, and any reference to the first half of 2024 is with reference to the 6 months financials as of and for the period ended June 30, 2024.

Discussion and analysis are also included for the YTD June of 2025 pro forma financials for Genius Group, including the reviewed financials for the Group, and the financials all of the YTD Acquisitions.

For clarity, each section below has separate paragraphs with discussion and analysis first for the Group unaudited financials, followed by discussion and analysis for the Genius Group pro forma financials (including the Acquisitions).

**Revenue:**Our Group revenues decreased from $4.8 million in first half of 2024 to $2.7 million in the first half of 2025. The reduction in the education revenue was mainly due to closure of UAV operations and reduction in demand of education courses as a result of business focus in H1 was mainly on closing the key acquisition. The revenue of UAV for the period ended June 30, 2024 was $1.28 million, compared to Nil for the period ending June 30, 2025.

Our two main revenue segments were Education Revenue and Campus Revenue. Education Revenue consists of Digital Education Revenue, where the courses are delivered virtually on GeniusU, and In-Person Education Revenue, where the courses are delivered to our students with the aid of our faculty in-person. Campus Revenue consists of revenue we generate from our locations through accommodation, food and beverage charges is reduced on audited and reviewed basis due to spin off of ERL in October 2023. With the acquisition of ERL in second half of 2025, the Campus revenue will be continued to be reported. The following table shows the breakdown of this revenue into segments for both Genius Group, on a pro forma basis and unaudited basis:

Genius Group Pro forma Six Months Ended ( 000’s) Group<br> Unaudited Financials<br> Six Months Ended ( 000’s) Group Audited Financials Year Ended ( 000’s)
June<br>30, 2025 June<br>30, 2025 June30, 2024 December<br>31, 2024 December31, 2023
Digital Education Revenue 2,989 8,374
In-Person Education Revenue 1,891 10,238
Total Education Revenue 4,880 18,612
Campus Revenue - 4,451
Total Revenue 4,880 23,063

All values are in US Dollars.

Costof Revenue: The Group’s cost of revenue was $1.9 million in first half of 2025 with $0.76 million in gross profit, giving us a 27.99% gross margin, compared to $3.1 million in first half of 2024 with $1.7 million in gross profit. Our cost of revenue primarily decreased because of closure of operations at UAV which resulted in ongoing cost of sales while the revenue remained low. Also, the cost of sales includes the depreciation expense which is not impacted by the lower revenue and impacting the gross profit margin for the Group.

Genius Group’s pro forma cost of revenue in YTD June 2025 was $3.7 million, delivering a gross profit of $2.4 million and a 39.51% gross margin. By owning the majority of our own curriculum and courses across all companies and acquisitions, we are focused on maintaining a low cost of content and a high gross margin. The cost of revenue that we do incur is mainly our customer acquisition costs and our faculty costs.

OperatingExpenses: The Group had a net operating expense of $13.1 million in the first half of 2025 compared to $10.80 million in first half of 2024. Approximately 60% of our operating expense is our staff costs, with the remaining in development costs, marketing, rental, legal and general expenses.

Genius Group’s pro forma operating expenses were $13.5 million for the period Jan to June 2025. Most of our acquisitions have a similar cost model to our Group and a similar set of operating expenses as education companies, which are largely staff costs, with the remaining in marketing rental and general expenses.

Non-IFRSFinancial Measure — Adjusted EBITDA: We have included Adjusted EBITDA because it is a key measure used by our management and board of directors to understand and evaluate our core operating performance and trends, to prepare and approve our annual budget and to develop short- and long-term operational plans. In particular, the exclusion of certain expenses in calculating Adjusted EBITDA can provide a useful measure for period-to-period comparisons of our core business.

We calculate Adjusted EBITDA as net profit / loss for the period plus income taxes and social contribution plus / minus finance revenue /expense result plus depreciation and amortization plus impairments plus revaluation adjustment of contingent liabilities plus share-based compensation expenses plus bad debt provision.


Derivedfrom Financial Statements


Genius Group Pro forma Six Months Ended ( 000’s) Genius<br> Group Reviewed Financials<br> Six Months Ended ( 000’s) Group Audited Financials Year Ended ( 000’s)
June 30, 2025 June 30, 2025 June 30, 2024 December 31, 2024 December 31, 2023
Net Loss ) ) (9,253 ) ) (5,711 )
Tax benefit (expense) ) - ) (1,079 )
Interest Expense, net 224 3,695
Depreciation and Amortization 1,020 3,271
Legal expense (non recurring) 531 1,178
Impairment - 15,372
Revaluation adjustment of Contingent <br>Liabilities - ) (32,775 )
Loss on disposal of bitcoin - -
Stock Based Compensation 619 10
Bad Debt Provision 210 ) 2,822
Adjusted EBITDA ) ) (6,649 ) ) (13,217 )

All values are in US Dollars.

The Group had a negative Adjusted EBITDA of ($6.48) million in first half of 2025 compared to a negative of ($6.65) million in first half of 2024. The negative Adjusted EBITDA of ($6.48) million in first half of 2025 is partly due to further Group investments in development, marketing spend, increasing legal and professional services cost.

Cashand Cash Equivalents: The Group held $2.7 million in cash and cash equivalents as of June 30, 2025, and $1.61 million as of December 31, 2024.

Genius Group’s pro forma cash and cash equivalents was $3.7 million as of June 30, 2025.

CurrentAssets: The Group’s current assets reduced from $42.42 million as of December 31, 2024 to $27.01 million as of June 30, 2025 with a current ratio of 2.16 in first half of 2025 compared to 3.65 as of December 31, 2024. The primary reason for decrease is liquidation of Bitcoin in the first half of 2025 due to restraining order from the court on issuance of shares and purchase of bitcoin.

Genius Group’s pro forma total current assets was $32.51 million as of June 30, 2025, giving a current ratio of 1.29. Current ratio is calculated as total current assets divided by total current liabilities.

Non-CurrentAssets: The Group’s non-current assets reduced marginally from $58.63 million as of December 31, 2024 to $58.01 million as of June 30, 2025.

Genius Group’s pro forma total non-current assets was $88.75 million as of June 30, 2025. These non-current assets are largely the result of the intangible assets and goodwill related to the Revealed Films acquisitions. Management has made estimates regarding the purchase price allocations for these acquisitions

CurrentLiabilities: The Group’s current liabilities increased from $11.61 million as of December 31, 2024 to $12.51 million as of June 30, 2025. The primary reason for reduction is repayment of payable balances to the external parties..

Genius Group’s pro forma total current liabilities was $24.89 million as of June 30, 2025.

Non-CurrentLiabilities: The Group’s non-current liabilities reduced from $10.03 million as of December 31, 2024 to $4.7 million as of June 30, 2025. The decrease was due to repayment of loan during the year.

Genius Group’s pro forma total non-current liabilities was $10.83 million as of June 30, 2025.

Shareholders’Equity: The Group’s shareholder’s equity reduced from $79.41 million as of December 31, 2024 to $67.83 million as of June 30, 2025. The reduction in equity is due to the loss of $18.5 million in the first half of 2025 and increase in capital by $6.9 million mainly due to issuance of shares for ATM offering, CEO purchase of shares, acquisition and recording of stock- based compensation expenses.

Genius Group’s pro forma total shareholder’s equity in YTD June of 2025 was $85.6 million. This includes the issuance of shares for the acquisition of ERL, Genius City and Pro Education.

Liquidityand Capital Resources

Our principal sources of liquidity are our cash and cash equivalents, short term investments, and cash generated from operations. Cash and cash equivalents and short-term investments consist mostly of cash on deposit with banks. As of June 30, 2025, we had cash and cash equivalents of $2.7 million maintained at various financial institutions compared to $1.61 million as of Dec 31, 2024.

GoingConcern

Pursuant to IAS 1, Presentation of Financial Statements, the Company is required to and does evaluate at each annual and interim period whether there are conditions or events, considered in the aggregate, that raise substantial doubt about its ability to continue as a going concern within one year after the date that the consolidated financial statements are issued. Based on the definitions in the relevant accounting standards, and due to current assets exceeding current liabilities, management has determined that without additional capital raised, in the next twelve months, there is substantial doubt about the Company’s ability to continue as a going concern.

The Company’s unaudited condensed consolidated financial statements as of June 30, 2025 have been prepared on a going concern basis. Although the Company has taken, and plans to continue to take, proactive measures to enhance its liquidity position and provide additional financial flexibility, including discussions with lenders and bankers, there can be no assurance that these measures, including the timing and terms thereof, will be successful or sufficient.

Subsequentevents

Subsequent to June 2025, the Company initiated the share buyback and purchased total of 3 million shares for the total consideration of $3.35 million.

On Jul 21, 2025, the Company announced increase in total Bitcoin to 200 Bitcoin compared to 100 Bitcoin as of June 30, 2025. The purchase of bitcoin is a combination of funding from owned sources and collateral funding.

Subsequent to June 2025, the Company has issued 9,624,898 ordinary shares for the consideration of $11.69 million for the utilization of At The Market Offering.

On July 30, 2025, the Company completed acquisition of ERL after receiving the approval from shareholders of ERL. Company issued total of 50,000,000 restricted shares in consideration for the acquisition of ERL.

On September 2, 2025, the Company has confirmed entered two binding agreements with Nuanu to develop its Genius City model at Nuanu Creative City. Both agreements have board approval, and are subject to final closing:

Managing<br> partnership of ProEd Education, with 51% ownership of Nuanu’s early learning, primary<br> and middle schools. The Company will become majority owner of the schools and work with the<br> current management and faculty to integrate the Company’s Genius School model and Genius<br> Apprentice program with ProEd’s current curriculum, and extend the education provided<br> at Genius City to high school, college and adult learning.
Managing<br> partnership of Genius City, with 51% ownership of Nuanu’s co-working, corporate retreat<br> and entrepreneur community. The Company will become majority owner of the integrated living<br> district with an initial 100 keys, together with co-working cafe, conference space and facilities<br> for accelerators, retreats and workshops. The company intends to make Genius City the first<br> Bitcoin-based, tokenized community in Asia.
--- ---

The Company is investing $7.1 million for 51% ownership of both entities, at a combined valuation of $14 million, and has committed to raise additional funding for development costs.

GENIUSGROUP LIMITED AND ITS SUBSIDIARIES

CONDENSEDCONSOLIDATED STATEMENTS OF FINANCIAL POSITION

(InUS Dollars)


As of<br> <br>June 30, 2025 As of<br> <br>December 31, 2024
(Unaudited) (Audited)
Assets
Current Assets
Cash and cash equivalents 2,693,979 1,614,933
Accounts receivable, net 407,341 1,653,238
Other receivables 1,708,816 1,741,176
Due from related parties 6,309,649 5,714,741
Digital assets 10,724,607 30,441,133
Inventories 467,230 467,230
Prepaid expenses and other current assets 4,706,643 786,376
Total Current Assets 27,018,265 42,418,827
Property and equipment, net 316,837 301,531
Investments at fair value 1,461,112 1,381,666
Investments in joint venture 393 366
Goodwill 8,407,631 8,338,547
Intangible assets, net 11,048,771 11,913,096
Deferred tax asset 1,332 1,332
Other receivables 831,620 758,025
Other non-current assets 35,941,961 35,941,961
Total Assets 85,027,922 101,055,351
Liabilities and Shareholders’ Equity
Current Liabilities
Accounts payable 4,116,094 3,285,495
Accrued expenses and other current liabilities 1,621,621 2,066,930
Contract liabilities 1,434,816 1,731,378
Income tax payable 194,823 254,434
Due to related parties 4,937,041 4,001,091
Loans payable – current portion 181,030 229,815
Short term debt 25,000 40,000
Total Current Liabilities 12,510,425 11,609,143
Due to related parties 1,963 1,789
Loans payable – non-current portion 4,681,520 10,033,989
Total Liabilities 17,193,908 21,644,921
Commitments and Contingencies Shareholders’ Equity:
Contributed capital 173,247,096 166,301,870
Reserves (8,026,414 ) (8,508,313 )
Accumulated deficit (102,989,010 ) (84,014,856 )
Capital and reserves attributable to owners of Genius Group Ltd 62,231,672 73,778,701
Non controlling interest 5,602,342 5,631,729
Total Shareholders’ Equity 67,834,014 79,410,430
Total Liabilities and Shareholders’ Equity 85,027,922 101,055,351

GENIUSGROUP LIMITED AND ITS SUBSIDIARIES

CONDENSEDCONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS

(InUS Dollars)

June 30, 2025 June 30, 2024
(Unaudited) (Unaudited)
Revenue $ 2,717,485 $ 4,880,309
Cost of revenue (1,956,734 ) (3,149,970 )
Gross profit 760,751 1,730,339
Operating (Expenses) Income
General and administrative (11,136,142 ) (9,510,000 )
Depreciation and amortization (727,573 ) (729,690 )
Other operating income 418 19,238
Legal expenses (1,023,496 ) (531,252 )
Loss from foreign currency transactions (272,299 ) (54,916 )
Total operating expenses (13,159,092 ) (10,806,620 )
Loss from Operations (12,398,341 ) (9,076,281 )
(Expense) Income
Interest expense, net (735,670 ) (223,614 )
Loss on sale of Bitcoin (5,873,799 ) -
Other income 3,083 47,673
Total Other Expense (6,606,386 ) (175,941 )
Loss Before Income Tax (19,004,727 ) (9,252,222 )
Income Tax Benefit 1,186 -
Net Loss (19,003,541 ) (9,252,222 )
Other comprehensive income:
Foreign currency translation 481,899 427,926
Total Comprehensive Loss (18,521,642 ) (8,824,296 )
Total Comprehensive Loss is attributable to:
Owners of Genius Group Ltd (18,492,255 ) (8,801,755 )
Non controlling interest (29,387 ) (22,541 )
Total Comprehensive Loss (18,521,642 ) (8,824,296 )
Weighted-average number of shares outstanding, basic and diluted 53,195,540 11,009,270
Basic and diluted loss per share from continuing operations (0.36 ) (0.84 )

GENIUSGROUP LIMITED AND ITS SUBSIDIARIES

CONDENSEDCONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY

(InUS dollars)

Contributed<br> <br>Capital Non-<br> <br>controlling<br> <br>Interest Foreign<br> <br>Currency Reserves Accumulated<br> <br>Deficit Total<br> <br>Equity
Balance, January 1, 2024 81,617,864 5,689,475 (61,566 ) (8,398,000 ) (59,132,780 ) 19,714,993
Net loss (22,541 ) (9,229,681 ) (9,252,222 )
Foreign currency translation adjustments 427,926 427,926
Share issued for follow on offering 6,580,300 6,580,300
Share issued for exercise of warrants 5,990,930 5,990,930
Shares issued for acquisition of FatBrain (to be cancelled) 29,327,892 29,327,892
Share based compensation 618,543 618,543
Transfer of shares to nominee account (666,498 ) (666,498 )
H1 2024 Share Plan 1,886,184 1,886,184
Balance, June 30, 2024 125,355,215 5,666,934 366,360 (8,398,000 ) (68,362,461 ) 54,628,048
Contributed<br> <br>Capital Non-<br> <br>controlling<br> <br>Interest Foreign<br> <br>Currency Reserves Accumulated<br> <br>Deficit Total<br> <br>Equity
--- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- ---
Balance, January 1, 2025 166,301,870 5,631,729 (110,313 ) (8,398,000 ) (84,014,856 ) 79,410,430
Net loss (29,387 ) (18,974,154 ) (19,003,541 )
Foreign currency translation adjustments 481,899 481,899
Genius Group- ATM shares 6,576,331 6,576,331
CEO purchase of shares 336,000 336,000
Acquisition of Assets of XD Academy 40,000 40,000
Share based compensation (405,897 ) (405,897 )
H1 2025 Share Plan 398,792 398,792
Balance, June 30, 2025 173,247,096 5,602,342 371,586 (8,398,000 ) (102,989,010 ) 67,834,014


GENIUSGROUP LIMITED AND ITS SUBSIDIARIES

CONDENSEDCONSOLIDATED STATEMENTS OF CASH FLOWS

(InUS Dollars)

For the Six months Ended
June 30, 2025 June 30, 2024
(Unaudited) (Unaudited)
Cash Flows from Operating Activities
Net loss $ (19,003,541 ) $ (9,252,222 )
Adjustments to reconcile net loss to net cash used in operating activities:
Stock-based compensation (405,897 ) 618,543
Depreciation and amortization 1,021,476 1,019,961
Interest expense 735,670 223,614
(Reversal)/Provision for credit loss 2,080 (321,898 )
Gain on foreign exchange transactions 272,299 54,916
Loss on sale of Bitcoin 5,873,799 -
Changes in operating assets and liabilities:
Accounts receivable 1,243,818 34,104
Other receivable (73,594 ) (5,904,240 )
Prepaid expenses and other current assets (3,920,266 ) (177,083 )
Digital assets 233,175 -
Inventories - 180,820
Accounts payable 830,599 (1,249,885 )
Accrued expenses and other current liabilities (445,310 ) 156,300
Contract liabilities (296,561 ) (833,958 )
Income tax payable (59,611 ) 50,926
Net Cash used in Operating Activities (13,991,864 ) (15,400,102 )
Cash Flows from Investing Activities
Internally developed software (149,873 ) (239,156 )
Purchase of property and equipment (4,499 ) (41,720 )
Investment at fair value (40,000 ) (426,182 )
Net Cash Used in Investing Activities (194,372 ) (707,058 )
Cash Flows from Financing Activities
Amount due to/from related party, net 341,042 150,042
Interest paid (735,670 ) (223,614 )
Proceeds from equity issuances 7,311,098 13,457,414
Proceeds from loan - 4,970,269
Proceeds from sale of Bitcoin 29,816,012 -
Purchase of Bitcoin (16,206,460 ) -
Repayment of loan (5,416,255 ) (2,245,479 )
Net Cash Provided by Financing Activities 15,109,767 16,108,632
Effect of Exchange Rate Changes on Cash 155,515 (115,896 )
Net Increase / (Decrease) in Cash 1,079,046 (114,424 )
Cash – Beginning of period 1,614,933 614,753
Cash – End of period 2,693,979 500,329

SummaryCombined Consolidated Financial Data

Unaudited Financials<br> Six Months Ended ( 000’s) Audited Financials Year Ended ( 000’s)
Summary Income Data: June 30, 2025 June 30, 2024 December 31, 2024 December 31, 2023
Revenue 4,880 23,063
Cost of revenue ) (3,150 ) ) (11,127 )
Gross profit 1,730 11,936
Other Operating Income 19 344
Operating Expenses ) (10,826 ) ) (48,347 )
Operating Loss ) (9,077 ) ) (36,067 )
Other income 48 32,981
Other Expense ) (224 ) ) (3,704 )
Net Loss Before Tax ) (9,253 ) ) (6,790 )
Tax Benefit - 1,079
Net Loss After Tax ) (9,253 ) ) (5,711 )
Other Comprehensive Income 428 ) (204 )
Total Loss ) (8,825 ) ) (5,915 )
Net income per share, basic and diluted ) (0.84 ) ) (1.00 )
Weighted-average number of shares outstanding, basic and diluted 11,009,270 5,550,197

All values are in US Dollars.


Unaudited Financials<br> Six Months Ended, ( 000’s) Audited Financials Year Ended ( 000’s)
June 30, 2025 December 31, 2024 December 31, 2023
Summary Balance Sheet Data:
Total current assets 9,634
Total non-current assets 33,580
Total Assets 43,214
Total current liabilities 17,248
Total non-current liabilities 6,251
Total Liabilities 23,499
Total Shareholders’ Equity 19,715
Total Liabilities and Shareholders’ Equity 43,214

All values are in US Dollars.



ProForma Financials


Proforma financials for Genius Group (The full Group including the Group and all the YTD Acquisitions): Unaudited pro forma financials provided for the period ended June 30, 2025, for the full Group, including all the Acquisitions companies as if they were operating as one during these periods. The acquisitions included in the table below are


Genius<br> Group<br> Pro<br> forma<br> Six<br> Months<br> Ended<br> (<br> 000’s) ****
June<br> 30, 2025 ****
Summary Income Statement
Sales
Cost<br> of goods sold )
Gross Profit ****
Other<br> Operating Income
Operating<br> Expenses )
Operating Loss )
Other<br> Income
Other<br> Expense )
Net Loss Before Tax )
Tax<br> Expense
Net Loss After Tax )
Other<br> Comprehensive Income
Total Loss )
Net<br> loss per share, basic and diluted )
Weighted-average<br> number of shares outstanding, basic and diluted

All values are in US Dollars.


Genius Group Pro forma Six Months Ended ( 000’s)
June 30, 2025
Adjusted EBITDA
Net Loss )
Tax Expense
Interest Expense, net
Depreciation and Amortization
Legal expenses (non recurring)
Loss on disposal of Bitcoin
Stock Based Compensation
Bad debt provision
Adjusted EBITDA )

All values are in US Dollars.


Genius Group Pro forma Six Months Ended ( 000’s)
June 30, 2025
Summary Balance Sheet Data:
Total current assets
Total non-current assets
Total Assets
Total current liabilities
Total non-current liabilities
Total Liabilities
Total Shareholders’ Equity
Total Liabilities and Shareholders’ Equity

All values are in US Dollars.