Investview, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 15, 2022 at 05:58 pm EDT
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Investview, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was USD 3.14 million compared to USD 8.37 million a year ago. Revenue was USD 14.77 million compared to USD 25.63 million a year ago. Net loss was USD 0.099708 million compared to net income of USD 8.77 million a year ago.
For the six months, sales was USD 6.72 million compared to USD 16.71 million a year ago. Revenue was USD 32.51 million compared to USD 42.68 million a year ago. Net income was USD 2.28 million compared to USD 13.71 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.