Genius Group Acquires Entrepreneur Resorts, Expands Genius City Model with 50% Increase in 2025 Revenue Guidance

Core Viewpoint - Genius Group Limited has signed a binding asset purchase agreement with Entrepreneur Resorts Ltd to reintegrate ERL's entrepreneur cafés and resorts, which is expected to increase the company's revenue guidance for 2025 by 50% [1][6]. Group 1: Acquisition Details - The acquisition involves ERL's operations in Singapore, South Africa, and Bali, Indonesia, which are projected to generate revenue growth from approximately $5 million to $6 million in 2025 [6]. - The asset purchase is an all-share transaction, where Genius Group will issue 50 million shares valued at $21.5 million to ERL shareholders, who will receive 3 GNS shares for each ERL share [6]. - Genius Group will also provide $1 million in debt financing to ERL for improvements and rebranding as Genius Resorts [6]. Group 2: Financial Impact - Following the acquisition, Genius Group has increased its revenue guidance from $10 million to a range of $15 million to $18 million for 2025, reflecting a 50% increase [6]. - ERL reported a 23% growth in audited revenues, reaching $5.9 million in 2023, and has maintained a positive balance sheet [3]. Group 3: Strategic Alignment - The acquisition aligns with Genius Group's evolving business model, particularly its high-tech, high-touch Genius City model, which focuses on AI, Bitcoin, and community education [4]. - The transaction is seen as a way to address the trading issues faced by US shareholders who received restricted shares in ERL [5]. Group 4: Leadership Statements - Jeremy Harris, CFO of ERL, expressed enthusiasm about the reintegration, highlighting the synergies between the companies [5]. - Roger Hamilton, CEO of Genius Group, noted that this acquisition marks an exciting start to the company's growth plans for 2025 [5]. Group 5: Company Overview - Genius Group is a Bitcoin-first education group that serves 5.8 million users across over 100 countries through its Genius City model, offering AI-powered education and acceleration solutions [9]. - Entrepreneur Resorts operates a unique model combining co-working, retreats, and accelerators in desirable locations [10].