GNS - Smart Alecks Update Guidance and Revenue Growth

2023-12-15 09:02:49 ET

DENVER, Colo., Dec 15, 2023 ( www.247marketnews.com )- Genius Group Limited Genius Group Ltd (AMEX: GNS) updated its financial guidance, this morning, for the financial year ending December 31, 2023.

Projections include an increase in annual revenues expected to be $27-29 million to compared to 2022 revenue of $18.2 million, a 43% to 60% increase and net profit expected to be adjusted to $3-5 million from prior guidance of an expected ($15.4-17.0) million net loss due to adjustments of certain contingent liabilities.

Genius Group is trading at $0.64, up $0.05 (+8.47%), on 2.1M shares traded.

Its 52-week range is $0.2583 to $6.8553. Let’s see if this trades better in the regular trading session, but foreign listings tend to trade better …

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