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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