Genius Group Announces Compliance With NYSE Guidelines On Audit Opinion; Announces Updated Investor Presentation; Sees 2024 Guidance Of Over $100M In Revenue And YoY Growth Of 50%

Author: Benzinga Newsdesk | June 06, 2024 08:17am

Specific highlights included within the Investor Presentation

2023 results including $70 million pro forma revenue, 150% pro forma revenue growth, 52% gross margin and 5.5 million students.
10x revenue growth in the last 3 years and plan to 10x again, with its target plan to reach 100 million students, 100 Genius Cities and $1 billion revenue.
Freemium to premium edtech model with target KPIs of under $1 cost per student leading to $10 revenue per student per year, delivering a ROAS (Return on Acquisition Spend) of 10x annually.
Genius City learning ecosystems in partnership with schools, startups, businesses and government - each with a target of $10 million in revenue within three years.
2024 revenue growth forecast of 50% in comparison to the 14% average of its Edtech peers, and its 0.7x price / revenue ratio in comparison to the 4.7x average of its peers.

Posted In: GNS