Genius Group (NYSE:GNS) shares are trading higher after the company issued FY23 guidance.
For the full year of 2023, the company expects annual revenue to be between $48 million and $52 million and expects the number of students and users to be between 5.7 million and 6 million. The company also expects full-year 2023 adjusted EBITDA to be between $500 thousand and $1 million.
Roger Hamilton, CEO of Genius Group, commented: “We are experiencing strong demand for our entrepreneur and investor-related courses, and we are attracting world-class partners, from bestselling authors to social media influencers with large followings who see the value of integrating their in-demand content into our accredited courses.
Genius Group is an entrepreneur edtech and education group.
GNS Price Action: Genius Group has a 52-week high of $36.7499 and a 52-week low of $0.301.
Genius Group shares are up 78% at $5.77 at time of publication, according to Benzinga Pro.
