Investview, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2023
May 12, 2023 at 03:02 pm EDT
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Investview, Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was USD 2.09 million compared to USD 3.58 million a year ago. Revenue was USD 13.57 million compared to USD 17.75 million a year ago.
Net income was USD 0.407894 million compared to USD 2.38 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.