Genius News

Roger’s Blog

Roger’s latest blog is about the naked short selling of Genius Group shares: “Wall Street stole $300 million from me. I’m getting it back!”.  You can also watch his video about it here.  Roger also posted about it on his Twitter account so do check out the many comments the post has received.  There is also further information about it here in this newsletter.

 

Q1 Team Meeting

Last week, we held our first quarterly team meeting of 2023 with our team members around the world.  It was a great opportunity to remind ourselves and to share with our newest employees about our Team Culture.  How often do you get together with your team to discuss your Culture?

This is our Genius Group Culture:

G – Global – We always start with the whole, then work back to the parts.  We’re here to make a Global impact.

E – Entrepreneurial – We maximise the failures that will steer us and avoid the failures that would sink us.

N – Natural – Sustainable success is grown not built. We follow the flow.  In nature, nothing is rushed and all is accomplished.

I – Inspiring – It’s all about the experience.  We have fun and share the adventure.

U – Unique – We focus on bettering our best.

S – Smart – And we continually seek out a smarter way.

 

Roger also shared with everyone the theme for Genius Group 2023:  

• Our theme for 2023 is Education Revolution – we are launching a global curriculum based on 3 Campuses: our Entrepreneur Campus, Investor Campus and University Campus.  We are hyper-focusing on supporting superstar faculty members, corporate partners, content partners and country leaders as well as faculty partners and city leaders.
   
• We are in a good place – despite the share price, we have a powerful leadership, highly experienced executive team, a loyal, global community of team and partners, and a growing global movement of students and investors who are ready to support our cause.

• We are on a mission – We have a powerful purpose to revolutionize education with an entrepreneur education system that is both needed and gives us a multi-billion dollar market opportunity.
   
• We have a unique model – Our Genius Formula freemium model gives us a solution that every educator is looking for and wants.  The integration of all of our acquisitions, potential future acquisitions and partnerships and the efficiencies that we are currently putting in place will fuel the growth of Genius Group in 2023. 

 

 

Investor Call

We also held an Investor Call on January 10^th where Roger shared three key things:

1:  How Genius Group is very much on track to achieve our goals and fulfil our vision.  Genius Group is revolutionising education, building an entrepreneur education system globally.

In our last earnings release we shared that we had achieved 60% revenue growth for the nine months ended September 2022. Prior to our IPO we had prided ourselves on always having at least 50% growth per year. So the fact that we already passed our annual target of 50% in nine months speaks volumes for our team and how we continue to maintain that growth. Our costs have increased due to bringing in a highly experienced leadership team to help us continue to grow and put us in an even stronger position for the future. Also we still have large amounts of funds to draw down on to fuel growth if necessary.

We now have some incredible leaders who are integrating our companies within Genius Group including Dr Tracy West, the new CEO of University of Antelope Valley and Saranjit Sangar, the new CEO of GeniusU.  We are also continuing to work with top level partners who are all keen to share their curriculum on our GeniusU platform, such as Peter Diamandis (Founder and Executive Chairman of the XPRIZE Foundation and Executive Founder of Singularity University), Verne Harnish (Founder of Entrepreneurs’ Organization and Founder and CEO of Scaling Up), and YouTubers Jasper Singh and Brian Jung who both have over a million subscribers each.

In terms of numbers of students, we already had 4.3 million in September ahead of our target of 4 million by the end of 2022.  We carried out five acquisitions throughout 2022 and were named as one of the Top 10 Emerging Giants in Singapore by KPMG and HSBC.

All of this to show that despite the performance of our shares on the New York Stock Exchange American, we had an incredible 2022.

We have independent research analysts providing us with target share prices of $10.66 and $19.00, which is much higher than our original IPO share price of $6.  So if investors are looking to see if our leadership, our community and our partners are delivering on our promises for the company as a whole, then they just need to look at our growth as we are actually overachieving on what we were aiming for pre-IPO.  Roger and the team would like to say a big thank you to all of our shareholders, as you’re the ones who actually got us here.

2. The reason behind our current share price and what we are doing about it.  

We announced in November 2022 that we decided to start an investigation on the recent market activity and confirmed in January 2023 that there was a high likelihood that our share price was being manipulated with. During the investor call, Roger explained how our Genius Group shares have been under attack through the illegal practice of naked short selling and invited the renowned lawyer Wes Christiansen to explain the situation in further details and provide shareholders with potential actions to fight against it.

If you are interested to know more about this, please listen to the call recording here. 

3. Why the way we share information with our community has changed since the IPO. 

Anyone who knows Roger knows that he has always been very open and willing to share information to help others learn.  However, he himself has been on a steep learning curve navigating the SEC rules of what can be disclosed and how to do so, now that Genius Group is a public company.  Pre-IPO Roger shared news informally via a variety of groups but now post-IPO, due to SEC rules, we have to ensure that any information we share that could affect the share price is available to our investor community around the world. You can view our official press releases and announcements on our Investor Relations website plus you can also find Roger’s blog posts on GeniusU, Twitter and YouTube.  We will also be holding these investor calls on a monthly basis so that shareholders have the opportunity to ask questions to Roger directly.