Investview (“INVU”) Reports Another Strong Month of Gross and Net Income Across All Business Divisions

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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% in August

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

  • Net income 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-on-year August

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

  • Record iGenius Membership Gross Revenue of $ 5.4 Million, Up 155% 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 (GLOBE NEWSWIRE) – 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 combined gross and net income in 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 services to individuals, recorded its highest gross revenue from subscription sales for the month, due to continued growth in our subscriptions. Gross revenue from our iGenius member subscriptions in August 2021 of $ 5.4 million, up 155%, was the best in iGenius history, the result of a 144% increase in member subscriptions by compared to the same period last year. Our other subsidiary SAFETek, which operates in the high-speed processing IT space and focuses on Bitcoin mining, repairing, hosting, mining and blockchain technologies, also had a solid month of ‘August 2021, with gross revenues increasing 238% compared to the same period last year. On a consolidated basis for the first five months of fiscal 2022, our gross revenues and net income were $ 53.2 million, up 351% and $ 14.0 million, up 347%, per compared to the same period of the previous fiscal 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 business segments 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 worldwide, 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% 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 income), 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 SEC documents due to compliance with US GAAP and subject to final review by independent auditors. of the society.

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 – fostering 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 which may cause actual results, performance or achievement to occur. ns 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 expectations, except as required by law.

Investor Relations
Contact: Arthur Rome
Phone number: 732.889.4308
Email: pr@investview.com


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