Singapore's education firm Genius Group up on higher revenue last year

Genius

06/06/2023 17:03

** Singapore-based education firm Genius Group  GNS.N  up
nearly 2% at $1.04 in morning trade 
    ** For the full year ended Dec. 31, GNS revenue more than
doubled to $18.2 mln, co says 
    ** Reports gross margin of 47% in 2022 versus 33% in 2021 
    ** Number of students and users grew 58% to 4.5 million at
the end of 2022, up from 2.8 million in 2021, co says 
    ** On average, GNS added 272 new paying students and users
per day, it says
    ** Co went public in April last year
    ** Stock up 214.87% this year, including session's move 

 (Reporting by Pritam Biswas)
 ((Pritam.Biswas@thomsonreuters.com))