Annual and transition report of foreign private issuers [Sections 13 or 15(d)]

SEGMENT REPORTING

v3.25.4
SEGMENT REPORTING
 12 Months Ended
Dec. 31, 2025
Notes and other explanatory information [abstract]  
SEGMENT REPORTING

NOTE 38 — SEGMENT REPORTING

 

Each of the Company’s business segments offer different, but synergistic products and services, and are managed separately. Discrete financial information is available for each segment, and segment performance is evaluated based on operating results. Adjustments to reconcile segment results to consolidated results are included under the caption “Intercompany” which eliminates the effect of transactions between the segments.

 

The Company’s business consists of five reportable business segments:

 

➢ Central — corporate and strategic management activities conducted through Genius Group Limited, Entrepreneur Resorts Pte Ltd, and Genius Group USA. This segment includes corporate oversight, group management, treasury, financing activities, and intercompany support functions.

 

➢ Academy — digital entrepreneur education, property investment education, memberships, certifications, management consultancy, and business development tools delivered through GeniusU Ltd, Property Investors Network Limited and Revealed Films.

 

➢ School — early childhood, primary, and middle school education delivered through Education Angels in New Zealand, Pro Education in Indonesia and University of Valley in California.

 

➢ Resorts — hospitality operations including safari lodges, villa accommodations, and café operations, comprising Tau Game Lodge, Matla Game Lodge, Vision Villas, and Genius Café, which support experiential learning, retreats, and community events.

 

➢ Discontinued operations — E-Squared Education Enterprises (“ESQ”), that ceased all operations in December 2024 and is currently subject to liquidation proceedings in South Africa. ESQ’s accounts have not been consolidated for the year ended December 31, 2025, and numbers for prior years have been classified within discontinued operations.

 

The detailed segment information of the Company is as follows:

 

                                                 
    2025  
    Central     Academy     School     Resorts     Discontinued operations     Total  
Revenues   $

—

     $ 4,730,182     $ 1,459,332     $ 2,197,708     $ —     $ 8,387,222  
Depreciation and amortization(1)   $ 5,937     $ 2,093,137     $ 87,035     $ 146,077     $ —     $ 2,332,186  
Loss from operations   $ (21,100,361 )   $ (5,592,854 )   $ (600,531 )   $ 1,167,270     $ —     $ (26,126,476 )
Net Profit/(Loss)   $ (35,056,654 )   $ (20,240,059 )   $ (1,840,634 )   $ 1,147,850     $ —     $ (55,989,497 )
Interest Expense, net   $ 3,374,608     $ 48,731     $ (51,285 )   $ 19,423     $ —     $ 3,391,477  
Capital Expenditures   $ —     $ —     $ —     $ —     $ —     $ —  

Property, plant and equipment

   $ 11,892     $ 30,035     $ 4,077,658     $ 8,827,123     $ —     $ 12,946,708  
Operating right of use assets   $ —     $ 133,640     $ 1,298,711     $ 883,375     $ —     $ 2,315,726  
Total Assets   $ 76,358,374     $ 10,004,038     $ 14,908,235     $ 35,665,394     $ —     $ 136,936,041  
Total Liabilities   $ 14,204,290     $ 11,232,770     $ 10,957,615     $ 3,923,729     $ —     $ 40,318,404  

 

 

    Central     Academy     School     Resorts     Discontinued operations     Total  
    2024  
    Central     Academy     School     Resorts     Discontinued operations     Total  
Revenues   $ —     $ 5,381,488     $ 2,200,474     $ —     $ 330,756     $ 7,912,718  
Depreciation and amortization(1)   $ 5,812     $ 2,042,750     $ 9,965     $ —     $ —     $ 2,058,527  
Loss from operations   $ (14,747,828 )   $ (5,525,688 )   $ (1,100,445 )   $

—

   $ (1,888,238 )   $ (23,262,199 )
Net Profit/(Loss)   $ (13,057,563 )   $ (8,529,197 )   $ (2,258,538 )   $ —   $ (1,094,524 )   $ (24,939,822 )
Interest Expense, net   $ 1,069,472     $ 41,513     $ 22,127     $ —     $ —     $ 1,133,112  
Capital Expenditures   $ —     $ —     $ —     $ —     $ —     $ —  

Property, plant and equipment

   $ 13,472     $ 29,212     $ 39,477     $ —     $ 219,370     $ 301,531  
Operating right of use assets   $ —     $ —     $ —     $ —     $ —     $ —  
Total Assets   $ 69,941,956     $ 25,778,354     $ 4,758,957     $ —     $ 576,084     $ 101,055,351  
Total Liabilities   $ 8,029,948     $ 9,683,103     $ 3,042,925     $ —     $ 888,945     $ 21,644,921  

 

    Central     Academy     School     Resorts     Discontinued operations     Total  
    2023  
    Central     Academy     School     Resorts     Discontinued operations     Total  
Revenues   $ -     $ 8,373,848     $ 9,712,312     $ 4,451,384     $ 525,210     $ 23,062,754  
Depreciation and amortization   $ 10,611     $ 2,179,231     $ 744,290     $ 336,918     $ (4,761 )   $ 3,266,289  
Loss from operations   $ (10,471,950 )   $ (6,185,860 )   $ (4,215,096 )   $ 205,893     $ (2,067,558 )   $ (22,734,571 )
Net Profit/(Loss)   $ (12,252,348 )   $ 11,081,038     $ (3,727,459 )   $ 234,862     $

(1,047,315

 )   $ (5,711,221 )
Interest Expense, net   $ 2,870,200     $ 63,890     $ 720,593     $ 39,365     $ -     $ 3,694,048  
Capital Expenditures   $ —     $ —     $ —     $ —     $ —     $ —  

Property, plant and equipment

   $ 10,076     $ 30,509     $ 189,543     $ —     $ 226,623     $ 456,751  
Operating right of use assets   $ —     $ —     $ —     $ —     $ —     $ —  
Total Assets   $ 4,055,247     $ 32,185,573     $ 5,669,528     $ —     $ 1,303,425     $ 43,213,773  
Total Liabilities   $ 5,232,994     $ 11,735,374     $ 4,144,069     $ —     $ 2,386,343     $ 23,498,780  

 

(1) Consists of US$591,462 (2024: US$589,415) of depreciation and amortization which is included in cost of revenue and US$1,740,724 (2024: US$1,469,112) which is included in operating expenses in the accompanying statements of operations.

 

 

A summary of non-current assets (other than financial instruments) by geographic location appears below:

 

    Central     Academy     School     Resorts     Discontinued Operations     Total  
    2025  
    Central     Academy     School     Resorts     Discontinued Operations     Total  
Europe / Middle East / Africa   $ -       8,395,429     $ -     $ 7,992,808       -     $ 16,388,237  
Asia / Pacific     42,508,949       20,631       12,548,835       41,573,761       -       96,652,176  
North America / South America     -       -       30,332       -       -       30,332  
Non-current assets   $ 42,508,949     $ 8,416,060     $ 12,579,167     $ 49,566,569     $ -     $ 113,070,745  

 

    Central     Academy     School     Resorts     Discontinued Operations     Total  
    2024  
    Central     Academy     School     Resorts     Discontinued Operations     Total  
Europe / Middle East / Africa   $ -       13,476,079     $ -     $     -       395,469     $ 13,871,548  
Asia / Pacific     37,321,617       313,803       2,342,176       -       -       39,977,596  
North America / South America     -       4,750,819       36,561       -       -       4,787,380  
Non-current assets   $ 37,321,617     $ 18,540,701     $ 2,378,737     $ -     $ 395,469     $ 58,636,524  

 

A summary of revenue by geographic location appears below:

 

    Central     Academy     School     Resorts     Discontinued Operations     Total  
    For the Years Ended December 31, 2025  
    Central     Academy     School     Resorts     Discontinued Operations     Total  
Europe / Middle East / Africa   $     -     $ 3,540,448     $ -     $ 1,753,925     $ -     $ 5,294,373  
Asia / Pacific     -     $ 904,803     $ 1,459,332     $ 443,783       -     $ 2,807,918  
North America / South America     -       284,931       -       -     $ -     $ 284,931  
Revenue   $ -     $ 4,730,182     $ 1,459,332     $ 2,197,708     $ -     $ 8,387,222  

 

    Central     Academy     School     Resorts     Discontinued Operations     Total  
    For the Years Ended December 31, 2024  
    Central     Academy     School     Resorts     Discontinued Operations     Total  
Europe / Middle East / Africa   $    -     $ 3,247,425     $ -     $ -     $ -     $ 3,247,425  
Asia / Pacific     -       1,295,759     $ 919,927       -       -       2,215,686  
North America / South America     -       838,304       1,280,547       -       -       2,118,851  
Revenue   $ -     $ 5,381,488     $ 2,200,474     $ -     $ -     $ 7,581,962  

 

    Central     Academy     School     Resorts     Discontinued Operations     Total  
    For the Years Ended December 31, 2023   
    Central     Academy     School     Resorts     Discontinued Operations     Total  
Europe / Middle East / Africa   $    -     $ 3,609,681      $ -       $

4,289,448

     $    -     $ 7,899,129  
Asia / Pacific     -       2,301,742     

1,072,526

       161,936       -       3,536,204  
North America / South America     -       2,462,425       8,639,786       -          -       11,102,211  
Revenue   $ -     $ 8,373,848     $

9,712,312

     $ 4,451,384     $ -     $ 22,537,544