Why Genius Group Shares Are Trading Higher Today?

Genius Group GNS shares are trading higher after the company issued FY23 guidance.

For the full year of 2023, the company expects annual revenue to be between $48 million and $52 million and expects the number of students and users to be between 5.7 million and 6 million. The company also expects full-year 2023 adjusted EBITDA to be between $500 thousand and $1 million. 

Roger Hamilton, CEO of Genius Group, commented: "We are experiencing strong demand for our entrepreneur and investor-related courses, and we are attracting world-class partners, from bestselling authors to social media influencers with large followings who see the value of integrating their in-demand content into our accredited courses.

Genius Group is an entrepreneur edtech and education group.

GNS Price Action: Genius Group has a 52-week high of $36.7499 and a 52-week low of $0.301.

Genius Group shares are up 78% at $5.77 at time of publication, according to Benzinga Pro.