Investview, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2021
November 22, 2021 at 04:17 pm EST
Share
Investview, Inc. reported earnings results for the second quarter and six months ended September 30, 2021. For the second quarter, the company reported sales was USD 8.34 million compared to USD 2.49 million a year ago. Revenue was USD 23.37 million compared to USD 7.75 million a year ago. Net income was USD 8.37 million compared to net loss of USD 1.19 million a year ago.
For the six months, sales was USD 16.71 million compared to USD 3.84 million a year ago. Revenue was USD 49 million compared to USD 13.34 million a year ago. Net income was USD 17.15 million compared to net loss of USD 6.1 million a year ago. Basic earnings per share from continuing operations was USD 0.01.
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.