ENTREPRENEURS AND LEADERS
Genius Group Limited | July 05, 2022
Genius Group Limited , a world-leading entrepreneur Edtech and education group, today announced that Zacks Small-Cap Research , a division of Zacks Investment Research and a leading equity research firm, has initiated coverage of GNS at a valuation of $18.40, above the recent $9-10 trading range. 2022 revenue is estimated at USD 34.3 million, a 268% increase over 2021, and looking ahead, expects GNS to generate positive earnings by the 3rd quarter of 2023.
Brad Sorensen, CFA, Senior Equity Research Analyst with Zacks/SCR, states that GNS is on a mission to change the way people experience online education by making it more about the student. Through technology, vision, and a unique approach, he feels that Genius is bringing AI-involved learning to the masses. He views GNS as having a great management team and a solid balance sheet, believes the aggressiveness GNS has shown in expanding its offering is encouraging and sees the integration of acquisitions as vital to the company’s success. In an effort to expand its offerings and broaden its portfolio, particularly in the U.S., GNS acquired four companies to give GNS a total of eight companies under its umbrella and a roster of offerings that can reach people at virtually any stage of life.
Sorensen recognizes that the size of the potential market is enormous, with one estimate of $10 trillion in 2030, as the interest in virtual learning has undoubtedly increased as a result of the remote lives many people have been forced to live over the last couple of years. He points out that GNS may be doing things in a different way that might be able to connect in a more effective way with students, both adults and children, who have had a lack of success with some of the other existing providers. From his point of view, GNS appears to be offering a different way of learning, one that engages students by learning what they love and teaching them in that way.
Normally, with a company such as GNS, Sorensen would often look to comparable companies for valuation metrics. But, acknowledging market conditions as of late and that he views Genius as a unique company, he elected to use the discounted cash flow method to come up with what he believes is a fair, and fairly conservative, valuation for GNS. The two biggest risks to his investment thesis are the successful integration of the four new companies and the timing of the U.S. rollout.
About Genius Group Limited
Genius Group is a Singapore-based Edtech and education company engaged in providing educational services in over 200 countries. It aims to develop an alternative lifelong learning curriculum and make its educational products accessible worldwide to all age groups.
About Zacks Small-Cap Research
Zacks/SCR prepares company-sponsored, independent research and related content for distribution through a multitude of investor and media channels, both traditional and social. Zacks/SCR delivers broad awareness among investors worldwide, creates deep understanding of the company and generates significant interest in investment. Zacks/SCR advantages are the quality of its analysts, the depth of its research and the breadth of its distribution.
EDUCATION TECHNOLOGY, ONLINE EDUCATION
YuJa | September 19, 2022
Kuala Lumpur, Malaysia’s Asia School of Business has selected ed-tech leader YuJa Inc. to provide a video and media creation, storage, management and distribution solution campuswide. The Video Platform will help the institution, which was founded by MIT Sloan and Bank Negara Malaysia, meet its mission of developing transformative and principled leaders as a premier school of management in Asia.In addition to a video and content distribution management platform, the institution was seeking a solution that would work with its existing third-party classroom hardware and technology and that would enable automatic content ingestion.
“YuJa pairs well with video content capture and management streaming media processors, which enables institutions to quickly and easily publish recordings for students, automate workflows, schedule recordings and live stream events,We’re excited to work with ASB to help create and deliver their unique ‘Action Learning’ curriculum to supplement experiential and hands-on learning.”
Nathan Arora, Chief Business Officer at YuJa, Inc.
The institution migrated from a competitor product to benefit from YuJa’s robust, easy-to-use and all-in-one platform with tools for lecture capture, in-video quizzing, captioning, live streaming, and more.
ABOUT ASIA SCHOOL OF BUSINESS
The Asia School of Business (ASB) is located in Kuala Lumpur, Malaysia. Established in 2015 by Bank Negara Malaysia in collaboration with MIT Sloan, ASB is committed to developing transformative and principled leaders who will create a positive impact in the emerging world and beyond.
ABOUT YUJA, INC.
YuJa is a leader in ed-tech solutions. Our platforms provide organizations of all sizes with the tools to educate, engage, inspire and collaborate. We serve learning enterprises within all sectors, including higher-ed, K-12, government, healthcare, non-profit and corporate.
Verizon | July 07, 2022
Verizon Innovative Learning, the company’s signature education initiative focused on addressing barriers to digital inclusion for over a decade, is rebranding and expanding its free project-based enrichment program to Verizon Innovative Learning STEM Achievers. Previously known as two separate programs, Young Men of Color and Young Rural Women, the new Verizon Innovative Learning STEM Achievers program, in partnership with the National Association for Community College Entrepreneurship (NACCE), will offer a more inclusive learning environment while still providing middle school students in under-resourced communities with the opportunity to discover new problem-solving skills and gain exposure to career opportunities in STEM fields.
Verizon Innovative Learning STEM Achievers will continue to offer an engaging, hands-on experience developed to enrich learning through design thinking, 3D printing, augmented reality, social entrepreneurship and mentorship. Developed by Arizona State University's Edson Entrepreneurship + Innovation Institute, the program’s interactive curriculum centers around four educational tracks: immersive media, smart solutions, digital product innovations and artificial intelligence. The year-round program, which begins with a summer immersion experience and then hosts one STEM Enrichment day in the fall and spring for new and returning students, is held in partnership with a total of 44 Historically Black Colleges and Universities (HBCUs), Hispanic-Serving Institutions (HSIs) and community colleges across the country.
“One of the core tenets of Verizon Innovative Learning STEM Achievers is to expose students to emerging technologies and teach students to think broadly about how technology can make the world a better place. “Since the program launched in 2017, we’ve been able to reach thousands of students, not only through hands-on learning, but through mentorships that help to deepen their connection to STEM, as well as build their confidence and leadership skills outside of the classroom.”
Alex Servello, Director of Corporate Social Responsibility at Verizon
“Being a part of Verizon Innovative Learning STEM Achievers gave me access to amazing technology, which allowed me to enhance my skills in STEM and build upon my innate design capabilities,” said Christopher, a 16-year-old student who previously participated in the program at Tuskegee University. “Through the program I also met great new friends and mentors and learned about the latest trends in technology. I enjoyed each day of the program and was always excited to see what new experiences we would engage in next.”
Verizon Innovative Learning HQ, next-gen learning for all
Students and teachers can also take advantage of Verizon Innovative Learning HQ, Verizon’s new, freely available open access education portal that scales the resources of Verizon Innovative Learning and its decade-long proven approach to integrating technology into the classroom. The portal enables any K-12 educator in the country to access innovative learning apps, professional development and tailored lesson plans to empower students to be social innovators and to create solutions using emerging tech.
Citizen Verizon: Goal to 10 million youths with digital skills training
These efforts are all part of Citizen Verizon, the company’s responsible business plan for economic, environmental, and social advancement. Citizen Verizon empowers Verizon to deliver on its mission to move the world forward through action by expanding digital access and resources, protecting the climate, and ensuring people have the skills needed for jobs of the future. Through Citizen Verizon, and the key pillar of Digital Inclusion, the company's responsible business goals include providing 10 million youths with digital skills training by 2030. To learn more about Verizon's digital inclusion efforts, visit CitizenVerizon.com. To sign up for Verizon Innovative Learning STEM Achievers, visit https://naccemeets.nacce.com/vil/home.
Verizon Communications Inc. was formed on June 30, 2000 and is one of the world’s leading providers of technology and communications services. Headquartered in New York City and with a presence around the world, Verizon generated revenues of $133.6 billion in 2021. The company offers data, video and voice services and solutions on its award-winning networks and platforms, delivering on customers’ demand for mobility, reliable network connectivity, security and control.