Registration statement for securities of certain foreign private issuers

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS

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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
 12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS      
Revenue $ 12,778,262 $ 7,633,776 [1] $ 9,949,057 [1]
Cost of revenue (10,020,804) (4,134,108) [1] (5,024,302) [1]
Gross profit 2,757,458 3,499,668 [1] 4,924,755 [1]
Operating (Expenses) Income      
General and administrative (7,211,204) (6,151,221) [1] (7,102,720) [1]
Depreciation and amortization (38,864) (40,906) [1] (47,537) [1]
Other operating income 490,300 133,519 [1] 94,131 [1]
Loss from foreign currency transactions (166,174) (121,909) [1] 31,704 [1]
Total operating expenses (6,925,942) (6,180,517) [1] (5,963,628) [1]
Loss from Operations (4,168,484) (2,680,849) [1] (1,038,873) [1]
(Expense) Income      
Interest expense, net (449,566) (853,983) [1] (863,871) [1]
Other income [1]   411,763  
Total Other Expense (449,566) (442,220) [1] (80,136) [1]
Loss Before Income Tax (4,618,050) (3,123,069) [1] (1,119,009) [1]
Income Tax Benefit (Expense) 128,852 (69,245) [1] (111,310) [1]
Net Loss (4,489,198) (3,192,314) [1] (1,230,319) [1]
Other comprehensive income:      
Foreign currency translation 230,081 2,129,081 [1] (308,172) [1]
Total Comprehensive Loss (4,259,117) (1,063,233) [1] (1,538,491) [1]
Total Comprehensive Loss is attributable to:      
Owners of Genius Group Ltd (4,085,158) (1,006,037) [1] (1,538,491) [1]
Non controlling interest (173,959) (57,196) [1]  
Total Comprehensive Loss $ (4,259,117) $ (1,063,233) [1] $ (1,538,491) [1]
Weighted-average number of shares outstanding, basic 16,155,812 12,575,605 [1] 8,492,924 [1]
Weighted-average number of shares outstanding, diluted 16,155,812 12,575,605 8,492,924
Basic earnings (loss) per share from continuing operations $ (0.28) $ (0.25) [1] $ (0.14) [1]
Diluted earnings (loss) per share from continuing operations $ (0.28) $ (0.25) $ (0.14)
[1] Restatements in Note 35 to align with IFRS 3 book value method for business combination