Investview, Inc. Reports Earnings Results for the Second Quarter Ended September 30, 2020
November 09, 2020 at 05:03 pm EST
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Investview, Inc. announced earnings results for the second quarter ended September 30, 2020. For the second quarter, the company announced total revenue was USD 7.753 million compared to USD 7.242 million a year ago. Operating income was USD 571,017 compared to operating loss of USD 2.073 million a year ago. Net loss was USD 1.187 million compared to USD 1.753 million a year ago. For the half year, total revenue was USD 13.343 million compared to USD 14.753 million a year ago. Operating loss was USD 2.435 million compared to USD 2.898 million a year ago. Net loss was USD 6.101 million compared to USD 4.759 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.
INVESTVIEW, INC. 
