Investview, Inc. Reports Earnings Results for the Third Quarter Ended December 31, 2020
February 16, 2021 at 01:13 pm EST
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Investview, Inc. announced earnings results for the third quarter ended December 31, 2020. For the third quarter, the company announced total revenue was USD 7.875 million compared to USD 4.963 million a year ago. Operating loss was USD 1.573 million compared to USD 1.739 million a year ago. Net income was USD 1.725 million compared to net loss of USD 3.827 million a year ago. For the nine months, total revenue was USD 21.218 million compared to USD 19.717 million a year ago. Operating loss was USD 4.009 million compared to USD 4.637 million a year ago. Net loss was USD 4.375 million compared to USD 8.587 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.