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Genius Group Limited (GNS)

Q4 2025 Earnings Call· Mon, Mar 9, 2026

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Transcript

Roger James Hamilton

Management

Good morning, and welcome to the Genius Group Investor Call. I am Roger James Hamilton, the Founder and CEO of Genius Group. And I'm joined today by our CFO, Gaurav Dama. We also have Shah Hamza here, who is operating our slides. And Shah, if you want to just share the slides, we'll make sure everyone can see these as we go. And we're going to get started. So first of all, today, we're presenting our 2025 full year results alongside our plans for 2026. We'll be walking through our 3 business units: Genius School, Genius Academy and Genius Resorts and also our Genius City development, our Bitcoin Treasury strategy, current legal cases, our share count and our guidance for the year ahead. So moving on to the next slide. Before we begin, I'd like to remind everyone that this call contains forward-looking statements as defined under the Private Securities Litigation Reform Act of 1995. These are subject to risks and uncertainties that could cause actual results to differ materially from those stated. And for a full discussion, please see our most recent filings with the SEC. We undertake no obligation to update any forward-looking statement to reflect events occurring after this call. And during the call, we will also reference non-IFRS financial measures, including adjusted EBITDA and pro forma revenues. Reconciliations to the most directly comparable IFRS measures are in the press release and slide deck, which we are also issuing this morning. Both documents are available on our Investor Relations website at irgeniusgroup.net, where you can also access our Form 20-F, which we are also presenting today for the year ended December 31, 2025, which we are filing with the SEC this morning. So coming to our next slide and our introduction, which is leading the AI-powered education…

Gaurav Dama

Management

Thank you, Roger.

Roger James Hamilton

Management

Hey, Gaurav.

Gaurav Dama

Management

Good morning, everyone. On Slide 13, we present our audited financials for the year 2025. Our 20-F will be filed today together with our guidance for 2026. Given our 2 significant acquisitions during the year, which is Genius Resort in July and Pro Education in November, we present both audited financials and pro forma financials, the latter reflecting a full year contribution from both the businesses. In terms of our revenue, the audited revenue for 2025 was $8.4 million for the full year, which was up from $7.6 million in 2024. On the pro forma basis, incorporating the full year contribution from Genius Resort and Pro Education, our revenue was $13.6 million, 80% increase year-on-year. You can see that clearly in the revenue chart, the 2024 bar is reflecting $7.3 million in core operations, plus $0.3 million from discontinued operations making 80% growth in our core business from 2024 to 2025, clearly visible. Our gross profit, which rose to $4.9 million on a pro forma basis, which is a significant improvement of 110% year-on-year. Our adjusted EBITDA loss was about $13.1 million for the year. The reported net loss of $56 million, including $42.9 million in noncash items. These are mainly impairment -- asset impairment from discontinued operations, restructuring, provisions, share-based compensation. These are predominantly one of the costs associated with our consolidated and transformation. On an underlying operational basis, we achieved operational profitability from our business unit in Q4 2025. On our cash used in operations improved dramatically down from 76% from $46.3 million in 2024 to $10.6 million in 2025, this reflects significant tighter operational discipline across business and the elimination of extraordinary costs, which occurred in 2024. On our balance sheet, our total assets grew 37% to $136.9 million. Our shareholders' equity is $96.6 million. Subsequent to year-end, we sold approximately 102.6 Bitcoin at an average price of $71,035 per Bitcoin, which is for the total $7.3 million. This helps us to reduce our Bitcoin-backed loan from $8.5 million to $3.3 million, which further strengthened our balance sheet. Our total student grew from 5.8 million to 6.1 million in 2024 -- in 2025 compared to 2024. Revenue per paying student grew 1,053% from $161 to $1,856, a strongest leading indicator of our shift in premium integrated high-tech and high-touch model. Turning to 2026 guidance, which you see on the right-hand side of the slide, we are guiding to $20 million to $22 million in terms of revenue, which is 48% growth from our 2025 pro forma and a positive EBITDA from our operation of $1.5 million to $2 million. All 3 business units, which are expected to achieve profitable operations, which is Genius School over $6 million, Genius Academy over $6 million and Genius Resort over $8 million. With that, I'll hand it back to you, Roger.

Roger James Hamilton

Management

Thank you very much, Gaurav. We are now entering 2026 with the strongest foundations in Genius Group's history. Our 3 business units profitable together for the first time. Genius City signed and underway, $137 million in total assets and over $1 billion in damages being pursued by our legal team. And on top of that, a dual listing on the ASX is in process. So moving to our final slide, the future ABCs. I want to close with a message that resonates with all of our students and sets us apart from other education companies. The result of our Genius Education is a shift in focus on the ABCs that we are teaching and what we are currently experiencing. If you look below, the left column are the present ABCs experienced by many children and adults today. These are the ABCs of anxiety, burnout and crisis. These are not abstract words. These are the lived experience of hundreds of millions of people right now. Workers facing displacement, parents watching their children prepare for a world that no longer exists, leaders trying to navigate unprecedented change, the anxiety of not knowing what comes next, the burnout of running faster just to say still and the crisis of a system built for a world that is ending. The right column are the future ABCs that our learners experience from Genius, abundance, balance, connection. These are not ideals. These are outcomes. The abundance that comes when technology takes care of scarcity and humans take care of each other. The balance that comes when we work to live, not live to work. The connection that comes when we start competing and start creating together. How we do this is through the ABCs we teach. This is a central 3, the Genius Code: AI, Blockchain,…