Investview, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 04:30 pm EST
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Investview, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 2.82 million compared to USD 8.34 million a year ago. Revenue was USD 15 million compared to USD 23.37 million a year ago. Net loss was USD 0.420679 million compared to USD 43.24 million a year ago.
For the nine months, sales was USD 9.54 million compared to USD 25.05 million a year ago. Revenue was USD 47.51 million compared to USD 66.05 million a year ago. Net income was USD 1.86 million compared to net loss of USD 29.53 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.