Investview, Inc. Reports Earnings Results for the First Quarter Ended June 30, 2020
August 14, 2020 at 05:03 pm EDT
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Investview, Inc. announced earnings results for the first quarter ended June 30, 2020. For the first quarter, the company announced total revenue was USD 5.589 million compared to USD 7.511 million a year ago. Operating loss was USD 3.006 million compared to USD 825,141 a year ago. Net loss was USD 4.913 million compared to USD 3.005 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. 
