Investview Q3 gross revenue down 36.9% to $16.1M; net income from ops positive $0.5M

Investview, Inc.

2022-Q3 EPS reported $0.00 revenue$47,509,839

Gross Revenue (Non-GAAP) $16.1M (-36.9% YoY); Net Revenue $15.0M (-35.8% YoY).
Net income from operations $0.5M vs $44.7M loss in Q3 2021 (prior year had $51.6M non-recurring charge).
SAFETek mining revenue fell 66.2% to $2.8M; iGenius revenue down 19% to $12.2M.
Purchased 3,584 next-gen mining servers; total hash rate capacity to exceed 400 PH/s (~50% increase).
Cash $19.1M (down from $31.0M); debt $11.1M (down $2.6M); shares outstanding reduced by 262.9M.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Investview, Inc. reported nine months ended September 30, 2022 results: revenue $47.5 million, net income $6.4 million.

Period: nine months ended September 30, 2022
Revenue: $47.5 million
Net income: $6.4 million
Result: reported results

Exact text from the filing

● Net Revenue decreased 28.1% to $47.5 million for the third quarter ended September 30, 2022, compared to $66.1 million for the comparable prior year period. ● Net income from operations increased 122.2% to $6.4 million for the third quarter ended September 30, 2022, compared to a net loss from operations of $28.8 million for the comparable prior year period,

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Investview, Inc. reported three months ended September 30, 2022 results: revenue $15.0 million, net income $0.5 million.

Period: three months ended September 30, 2022
Revenue: $15.0 million
Net income: $0.5 million
Result: reported results

Exact text from the filing

● Net Revenue decreased 35.8% to $15.0 million for the third quarter ended September 30, 2022, compared to $23.4 million for the comparable prior year period. ● Net income from operations increased 101.2% to $0.5 million for the third quarter ended September 30, 2022, compared to a net loss of $44.7 million for the comparable prior year period,

View on SEC.gov

22 earnings releases filed in the last 30 days. Browse all earnings releases →

Investview, Inc. filing history →

Source: SEC EDGAR

accession 0001493152-22-032250

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