MeritValue

Genius Group Ltd

GNSdata completeness 100%6 fiscal years on file

Data notes: no data for concept 'interestExpense'

The thesis, from the filings

Genius Group Ltd earns about -466% on invested capital, but has diluted owners by 889% over 5 years — worth asking whether the growth reaches owners. The cash-flow models don't apply cleanly here — the ledger says why below.Whether it’s worth owning at today’s price is the last question — and yours to answer, below.

i. The business — what you’d actually own
FigureFY 2021FY 2022FY 2023FY 2024FY 2025
Revenue$8.29M1$18.2M2$22.5M3$7.58M3$8.39M3
Net income−$4.32M4−$55.8M5−$5.66M6−$24.9M6−$55.3M6
Operating cash flow−$2.89M7−$7.42M8−$12.4M9−$46.3M9−$10.6M9
Capital expenditure$77,79710$222,68011$131,05512$7,00312$1.92M12
Free cash flow (derived)−$2.97M7−$7.64M8−$12.5M9−$46.4M9−$12.6M9
Total debt$151,27313$762,41614$2.72M15$10.3M16$8.58M16
Cash & equivalents$1.78M17$5.72M17$614,75317$1.61M18$2.42M18
Diluted shares16.2M27.7M73.9M64.4M159.8M

Superscripts are receipts. Each links to the SEC filing the number came from (full list at the bottom).

ii. Your slice — ownership made literal
If you owned
shares
Net assets behind them
$5.58
your share of equity
Profit it earned you last year
−$3.46
Free cash flow it threw off
−$0.79
Debt you’d be carrying
$0.54

10 shares is a claim on $5.58 of net worth that earned you −$3.46 and generated −$0.79 of cash last year, against $0.54 of debt.

iii. Is this a good business?
Moat signal · return on invested capital
-466% avg · 5y
FY21 -182%FY22 -2047%FY23 -28%FY24 -25%FY25 -46%

It earned an average -466% on invested capital over 5 years. Compare that to what it costs to fund the business.

seeing a moat in the numbers →
Management signal · capital allocation
+889% shares · 5y

Share count is up 889% over 5 years — owners have been diluted. Worth asking what they got for it. Total debt has risen 5570% over the same window.

reading capital allocation →

Signals, not verdicts — read from the filings above. Numbers don’t prove a moat; they show its footprint. You decide.

iv. What it’s worth — engine v0.1.0
DCF · Growth Exit 10Y
not applicable
3y-median FCF non-positive — growth-exit DCF not applicable (see EPV)
DCF · Growth Exit 5Y
not applicable
3y-median FCF non-positive — growth-exit DCF not applicable (see EPV)
Earnings Power Value
not applicable
normalized (5y-median) earnings non-positive — EPV undefined
Graham Number
not applicable
diluted EPS missing or non-positive — Graham Number undefined

Different models answer different questions — which to trust when →

Sources — the receipts
  1. 20-F · period ending 2021-12-31 · accession 0001493152-24-019663 (Revenue)
  2. 20-F · period ending 2022-12-31 · accession 0001641172-25-006794 (Revenue)
  3. 20-F · period ending 2023-12-31 · accession 0001493152-26-009371 (Revenue)
  4. 20-F · period ending 2021-12-31 · accession 0001493152-24-019663 (ProfitLossAttributableToOwnersOfParent)
  5. 20-F · period ending 2022-12-31 · accession 0001641172-25-006794 (ProfitLossAttributableToOwnersOfParent)
  6. 20-F · period ending 2023-12-31 · accession 0001493152-26-009371 (ProfitLossAttributableToOwnersOfParent)
  7. 20-F · period ending 2021-12-31 · accession 0001493152-24-019663 (CashFlowsFromUsedInOperatingActivities)
  8. 20-F · period ending 2022-12-31 · accession 0001641172-25-006794 (CashFlowsFromUsedInOperatingActivities)
  9. 20-F · period ending 2023-12-31 · accession 0001493152-26-009371 (CashFlowsFromUsedInOperatingActivities)
  10. 20-F · period ending 2021-12-31 · accession 0001493152-24-019663 (PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities)
  11. 20-F · period ending 2022-12-31 · accession 0001641172-25-006794 (PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities)
  12. 20-F · period ending 2023-12-31 · accession 0001493152-26-009371 (PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities)
  13. 20-F/A · period ending 2021-12-31 · accession 0001493152-23-026701 (Borrowings)
  14. 20-F · period ending 2022-12-31 · accession 0001493152-24-019663 (Borrowings)
  15. 20-F · period ending 2023-12-31 · accession 0001641172-25-006794 (Borrowings)
  16. 20-F · period ending 2024-12-31 · accession 0001493152-26-009371 (Borrowings)
  17. 20-F · period ending 2021-12-31 · accession 0001641172-25-006794 (CashAndCashEquivalents)
  18. 20-F · period ending 2024-12-31 · accession 0001493152-26-009371 (CashAndCashEquivalents)