Genius Group Limited Registration statement for securities of certain foreign private issuers

DEFERRED REVENUE

12 Months Ended

Dec. 31, 2021

Dec. 31, 2020

NOTE 16 — DEFERRED REVENUE

As of December 31, 2021, and 2020, deferred revenue consists of:


	As of December 31,
	2021		2021
Advance bookings for lodges	$	293,716	$	379,305
Educational revenue paid in advance		1,630,723		1,026,700
Other prepaid income		638,473		140,707
Total	$	2,561,912	$	1,546,712

An analysis of contractual obligations is as follows:

NOTE 16 — DEFERRED REVENUE

As of December 31, 2020 and 2019, deferred revenue consists of:


	As of December 31,
	2020		2019
Advance bookings for lodges	$	379,305	$	399,291
Educational revenue paid in advance		1,026,700		2,724,427
Other prepaid income		140,707		107,713
Total	$	1,546,712	$	3,231,431