Genius Group Limited reported unaudited financial results for the second quarter ended June 30, 2026, recording a net profit from operations of $4.3 million. This figure represents a significant turnaround from a net loss from operations of $2.3 million in the second quarter of 2025. Operational revenue for the quarter reached $3.2 million, a 112% increase compared to $1.5 million in the prior year period, driven by growth across its three business units: Genius School, Genius Academy, and Genius Resorts.

Financial Performance

Gross profit grew 978% to $1.5 million, up from $0.1 million in Q2 2025. The company reported Adjusted EBITDA from operations of $0.3 million in Q2 2026, compared to negative $0.6 million in Q1 2025. Roger James Hamilton, Founder and CEO of Genius Group, attributed the improved results to enhanced unit economics, debt write-offs from corporate restructuring, and the closure of unprofitable divisions.

Strategic Developments

During the quarter, Genius Group advanced several strategic initiatives. In April 2026, the company closed an $8 million registered offering and acquired a 9.9% interest in Jewel Bank, Bermuda’s only dual-licensed digital bank. Subsequently, in May 2026, the company announced plans to become a Permitted Payment Stablecoin Issuer and launch GEMs (Genius Education Merits) blockchain-based tokens. The company also launched its AI Treasury, with plans to invest up to an initial $100 million in its AGI Infinity Portfolio, targeting pre-IPO exposure to companies such as SpaceX, OpenAI, and Anthropic.

Capital Actions and Legal Updates

Genius Group executed significant capital management actions in June 2026. The company announced share buybacks totaling 12.6 million shares, representing 96% of the buybacks approved by shareholders and the board. Additionally, the company cancelled 20 million shares, removing them from issued share capital. The combined 32.6 million shares from buyback and cancellation are equivalent to 27% of the company’s float. In April 2026, the company received a final award from the ICC Arbitration proceeding against LZG International, Inc., securing the return of 7.4 million shares of common stock and $8.0 million in cash.

Operational Highlights

The company reported strong growth in its Genius School model, with its Bali ‘Future School’ campus anticipated to double enrolments in 2026. Its AI Lab accelerator programs led to the launch of AI-powered education platforms, Student AI and Teacher AI, which have attracted over 300,000 users in 2026. The company has identified Net Asset Value per Share (NAVPS) as a key metric, reporting a NAVPS of $0.60 at the end of Financial Year 2025.

Genius Group Limited has repurchased 6,037,851 Class A Ordinary Shares in a privately negotiated off-market transaction with a non-affiliated private holder. This transaction, executed at a price below the recent trading price on the NYSE American, provides immediate accretion to the company’s Net Asset Value per Share (NAVPS) for the benefit of remaining shareholders. The repurchase represents 96% of the 13.2 million share buyback authorized by the Board of Directors on June 7, 2026.

The company will cancel the 6,037,851 shares in accordance with applicable Singapore and U.S. requirements, reducing its issued share capital accordingly. This action follows a prior buyback of 6,600,000 shares announced on June 15, 2026, and the cancellation of 20,000,000 shares announced on June 17, 2026. Collectively, these corporate actions have resulted in the removal of 32.6 million shares from the company’s issued capital, equivalent to 27% of its public float.

Roger James Hamilton, Founder and CEO of Genius Group, stated that the buyback is part of the company’s ongoing commitment to increase NAVPS by reducing issued share capital. The removal of 32.6 million shares in the last eight days represents 75% of the total 43.3 million shares the company has identified for removal from its public float. The company intends to act diligently to complete as much of the remaining mandate as practical prior to its expiry on July 6, 2026.

Shareholder Approval and Future Mandate

At the Annual General Meeting on July 7, 2026, shareholders will be invited to approve a further buyback mandate of up to 20% of the company’s issued Class A Ordinary Shares, valid for the following twelve months. Details of the AGM are available in the company’s SEC filings.

Recent Corporate Actions Summary