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

LOANS PAYABLE

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

NOTE 22 — LOANS PAYABLE

 

As of December 31, 2025 and 2024, loans payable consisted of:

 

    2025     2024  
    As of December 31,  
    2025     2024  
Loans payable – current portion   $ 8,577,774     $ 229,815  
Loans payable – non-current portion     -       10,033,989  
Total   $ 8,577,774     $ 10,263,804  

 

Education Angels has obtained line of credit for working capital requirement in 2020, 2021 and 2022. The loans are secured by the guarantees of the Director and do not have covenant clauses. The outstanding principal as of December 31, 2025 and December 31, 2024 are as follows:

 

Loan Type   Start
Date		     Loan
Amount		     Tenure   Interest Rate     Outstanding
as of
December 31,
2025		     Outstanding
as of
December 31,
2024		  
IRD Loan   2020     $ 20,063     72 Months     3.25 %   $ -     $ 3,088  

 

Property Investors Network Ltd and Pin Shelf Ltd has obtained line of credit for the working capital requirement in 2020 and 2022. The loans are secured by the guarantees of the Director and do not have covenant clauses. The outstanding principal amount as of December 31, 2025 and December 31, 2024 are as follows –

 

Loan Type   Start
Date		     Loan
Amount		     Tenure   Interest
Rate		     Outstanding
as of
December 31,
2025		     Outstanding
as of
December 31,
2024		  
Lloyds CBIL (PIN)   2020     $ 239,540     60 Months     2.80 %   $ 26,626     $ 74,344  
Funding Circle Loan (PIN)   2022     $ 380,804     48 Months     9.30 %   $ 10,520     $ 121,576  
The Funding Circle (PIN Shelf)   2022     $ 116,054     48 Months     9.30 %   $ 3,206     $ 37,052  
Lloyds Bounceback Loan (PIN Shelf)   2022     $ 51,378     72 Months     2.50 %   $ 5,603     $ 17,731  
Other loans   2021     $ 14,269     -     -     $ 10,758     $ 10,013  

 

BTC Backed Loan

 

The details of the loans and outstanding balance as of December 31, 2025 and December 31, 2024 are as follows –

 

Loan Type   Start
Date		     Loan
Amount		     Tenure   Interest
Rate		     Outstanding
as of
December 31,
2025		     Outstanding
as of
December 31,
2024		  
Arch Lending (BTC Collateral)   2024       10,000,000     18 Months     13.90 %   $ -     $ 10,000,000  
Promissory note (Alto Opportunity)   2024       5,720,000     18 Months     0 %   $ -     $ -  
Ledn Lending (BTC Collateral)   2025       12,040,000     12 Months     10.71 %   $ 8,510,498     $ -  

 

Genius Group Ltd has outstanding loan obligation of US$8,510,498 with the BTC collateral of 154 BTC with Ledn. As of December 31, 2024, the Company had outstanding loan of US$10,000,000 with the BTC collateral of 208.71799579.

 

Yayasan Pro Education International Center and PT Pro Education Indonesia has obtained the below for the buses. The outstanding principal amount as of December 31, 2025 and December 31, 2024 are as follows –

 

Loan Type   Start
Date		     Loan
Amount		     Tenure   Interest
Rate		     Outstanding
as of
December 31,
2025		     Outstanding
as of
December 31,
2024		  
Loan – Bus   2023       42,250     72 Months     -     $ 10,562     $       -  

 

Annual estimated total principal repayments are US$8,577,773 in 2026.