Overview
Investview Q3 gross revenue fell 24.3% yr/yr to $9.5 mln
Net revenue for Q3 decreased 22.9% yr/yr to $9.1 mln
Company repurchased over 10.2 mln shares at a 40.3% discount
Outlook
Investview plans commercial launch of myLife Wellness division starting Q4 2025
Opencash app set for initial launch in Q4 2025, continuing into 2026
Investview invests $1.25 mln in nuclear energy enterprise for long-term growth
Result Drivers
FINANCIAL EDUCATION DECLINE - iGenius reported a decline in net revenue due to global macroeconomic trends affecting direct sales and home-based businesses
CRYPTO MINING REVENUE INCREASE - SAFETek's net revenue increased due to higher Bitcoin prices, despite increased mining difficulty
HEALTH AND WELLNESS EXPANSION - Investview plans to expand its health and wellness offerings through myLife Wellness, with a commercial launch starting in Q4 2025
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Revenue | $9.10 mln | ||
Q3 Gross Revenue | $9.50 mln |
Press Release: ID:nGNX4nJ38C
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)