Investview, Inc. Reports Earnings Results for the First Quarter Ended June 30, 2021
August 13, 2021 at 05:09 pm EDT
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Investview, Inc. announced earnings results for the first quarter ended June 30, 2021. For the first quarter, the company announced total revenue was USD 25.626 million compared to USD 5.589 million a year ago. Operating income was USD 10.537 million compared to operating loss of USD 3.006 million a year ago. Net income was USD 8.772 million compared to net loss of USD 4.913 million a year ago.
Investview, Inc. operates as a diversified financial technology company. The Company, through its subsidiaries and distribution network, provides financial technology, education tools, content, research, and a digital asset technology company, which develops, operates, and supports blockchain technologies, with a focus on the Bitcoin blockchain ecosystem and the generation of digital assets. It delivers multiple services and products, both domestically and internationally, through a direct selling network of independent distributors. Its products and services are offered through a subscription-based revenue model to a large base of customers that it refers to as members. These services include research, analysis, and education regarding equities, options, foreign exchange market, exchange-traded funds, binary options, and cryptocurrency. It also offers access to education and software applications that are designed to assist its members in debt reduction, increased savings and others.