Investview: “INVU”) Reports Another Solid Month of Gross and Net Income Across All Business Divisions – With Record Subscription Sales for August 2021 (Form 8-K)

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Investview (“INVU”) Announces Another Month of Gross and High Net Income Across All Business Divisions – With Record Subscription Sales for August 2021

Investview continues to deliver strong monthly results across all business divisions: August 2021 gross income growth of 223% yoy to $ 9.8 million and net income growth of 823% yoy to 3, $ 7 million.

Gross income of $ 9.8 million, up 223% year-over-year in August

Operating income of $ 3.4 million, up 1,213% year-over-year in August

Net revenue of $ 8.7 million, up 198% in August

Net income of $ 3.7 million (including non-operating income), up $ 4.3 million or 823% year-over-year August

IGenius subscription and NDAU gross revenue of $ 6.6 million, up 216% year-on-year in August

Record gross iGenius membership revenue of $ 5.4 million, up 155% year-over-year in August

SAFETek Bitcoin Mining gross revenue of $ 3.1 million, up 238% year on year in August

Bitcoin Mined over a 16 month period ending August 2021, 1,072.43 Bitcoin

Carrying value and fair value of Bitcoin and NDAU digital currency holdings as of August 31st, 2021, were $ 7.3 million and $ 9.0 million, respectively

Cash and cash restricted as of August 31st, 2021 was $ 18.2 million

Eatontown, NJ, September 21, 2021 – Investview, Inc. (OTCQB: INVU), a diversified financial technology company that, through its subsidiaries and global distribution network, provides financial technology, educational tools, content, research and management of digital asset technologies with a focus on Bitcoin mining and the next generation of digital assets, is pleased to report strong gross income and a Combined net income across all business divisions, with record subscription sales for August 2021.

“We continue to be satisfied with the results of our business segments, iGenius and SAFETek. Our iGenius subsidiary, which provides financial education, technology and research to individuals, recorded its highest gross revenue from subscription sales for the month, a result of the continued growth of Our other subsidiary SAFETek, which operates in high-speed processing computing space and focuses on Bitcoin mining, repairing, hosting, mining and blockchain technologies. five months of fiscal 2022, our gross revenues and net income were $ 53.2 million, up 351% and $ 14.0 million, up 347%, over the same period in the p previous year, respectively. Investments in existing services offered and new products launched, such as NDAU, the world’s first adaptive digital currency, as well as the purchase and deployment of additional Bitcoin miners, as well as the increase in Bitcoin value continue to drive significant upward increases and results, ”said Ralph Valvano, Chief Financial Officer of Investview.

“We continue to innovate new opportunities in our lines of business to generate new levels of growth in our business,” said Joe Cammarata, CEO of Investview. “Our results show that when we execute well and achieve our business goals in a differentiated way, we generate growth, as we have seen with our subsidiary iGenius, which provides financial education, technology and research to individuals in the field. world, recorded its highest gross revenue from subscription sales for the month, a result of continued membership growth. ”

“As we wrapped up August, our business segments and teams had a strong month with an operating margin of over 38%,” said Ralph Valvano, Investview, CFO. “Our gross sales increased 223% and our net income increased 823% or $ 4.3 million in August to $ 3.7 million (including non-operating income).”

August 2021 Financial Highlights

Gross income of $ 9.8 million, up 223% year-over-year in August

Operating profit of $ 3.4 million, up 1,213% year-over-year in August

Net income of $ 3.7 million (including non-operating profit), up $ 4.3 million or 823% year-on-year August

Carrying value and fair value of Bitcoin and NDAU digital currency holdings as of August 31st, 2021, were $ 7.3 million and $ 9.0 million, respectively

Cash and cash restricted as of August 31st, 2021 was $ 18.2 million

Note: Figures included in this release are initial expected results and are unaudited and may differ from figures shown in our documents with the SEC due to compliance with US GAAP and subject to final review by the independent auditors of the company.

About Investview, Inc.

Investview, Inc. is a diverse financial technology and global distribution organization that operates through its subsidiaries to provide financial education tools, content, research and digital asset technology management that operates cryptocurrencies, with a focus on Bitcoin mining and the next generation of digital assets. Investview – driving the decentralization of education and finance through a commitment to blockchain technology. For more information on Investview and its family of wholly owned subsidiaries, please visit: www.investview.com.

Forward-looking statements

All statements in this press release that are not based on historical fact are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements , which are based on certain assumptions and describe our future plans, strategies and expectations, can generally be identified by the use of forward-looking terms such as “believe”, “expect”, “can”, “should”, ” could “,” seek, “” intend “,” plan “,” objective “,” estimate “,” anticipate “or other comparable terms. These forward-looking statements are based on current beliefs and assumptions of Investview and information currently available to Investview and involves known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievement of the Company are materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Further information about potential factors that could affect Investview’s financial results is included from time to time in Investview’s public reports filed with the United States Securities and Exchange Commission (the “SEC”), including the company’s annual report on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K. The forward-looking statements made in this press release speak only as of the date of this press release, and Investview, Inc. (“INVU”) assumes no obligation to update these forward-looking statements to reflect actual results or changes in business. ‘expectations, except as required by law.

Investor Relations

Contact: Arthur Rome

Phone number: 732.889.4308

Email: [email protected]

Disclaimer

Investview Inc. published this content on September 21, 2021 and is solely responsible for the information it contains. Distributed by Public, unedited and unmodified, on September 21, 2021 12:11:05 PM UTC.


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