Welcome to our dedicated page for Investview news (Ticker: INVU), a resource for investors and traders seeking the latest updates and insights on Investview stock.
Investview, Inc. (OTCQB: INVU) generates frequent news across its diversified financial technology, blockchain, wellness, and brokerage initiatives. Company updates highlight developments in its iGenius financial education and consumer products platform, its SAFETek Bitcoin mining operations, its Renu Labs and myLife Wellness health and beauty manufacturing activities, and the build-out of its Opencash retail brokerage platform.
News releases often cover quarterly and annual financial results, including segment-level performance for iGenius, SAFETek, and Renu Labs. These reports discuss trends in net revenue, cash flows, balance sheet strength, and the impact of factors such as Bitcoin halving events, network difficulty, and macroeconomic conditions on direct selling and mining operations.
Investview’s news flow also includes strategic milestones, such as the acquisition of Renu Laboratories, the integration of myLife Wellness as a marketing and e-commerce platform, and the acquisition and development of Opencash Securities LLC as an early-stage registered broker-dealer. Announcements describe plans for mobile-first trading apps, wellness product launches, and cross-selling between iGenius and myLife Wellness.
Regulatory and corporate governance developments are another important news category. The company has reported on a settlement with the U.S. SEC related to the historical Apex Program and on a decision by the Polish Office of Competition and Consumer Protection concerning iGenius operations in Poland, as well as share repurchase programs authorized by its board of directors.
Investors and observers following INVU news can use this page to review earnings releases, operational updates, regulatory disclosures, acquisitions, and leadership or network developments, including announcements about figures such as David Imonitie joining the iGenius community. Regularly reviewing these items can help readers understand how Investview’s multi-segment FinTech and wellness ecosystem is evolving over time.
Investview, Inc. (OTCQB: INVU) reported substantial financial growth for April 2021, achieving record net revenue of $10 million, a 392% year-over-year increase. The company's gross revenue reached $14.8 million, marking a 598% rise from the previous year. Net income surged to $4.3 million, up 426% year-over-year. Income from operations also saw an impressive growth of 1,332% to $4.5 million. Notably, Bitcoin mining contributed $3.6 million to gross revenues. As of April 30, 2021, digital currency holdings totaled $7.7 million.
Investview has announced the acquisition of LevelX Capital, LevelX Advisors, and the Prodigio RTS Trading Platform to expand its presence in the online brokerage sector. This strategic move aims to cater to a growing base of active investors and professionals seeking advanced trading tools. The total transaction is expected to close by the end of Q3 2021, contingent upon regulatory approvals. This merger is anticipated to enhance Investview's operational scale and service capabilities, ultimately driving significant revenue growth and improving customer retention.
Investview (OTCQB: INVU) announced that shareholders representing over 46% of its outstanding shares have entered lock-up agreements, showing strong confidence from insiders and key shareholders. The agreements restrict selling on these shares until April 2022, with the remainder until 2025. CEO Joe Cammarata emphasized the commitment to long-term growth and innovation in the fintech and blockchain sectors. Additionally, a live shareholder webinar is scheduled for May 11, 2021, to discuss company achievements and future plans.
Investview (OTCQB: INVU) reported a record Bitcoin mining revenue of $3.43 million for April 2021, marking a 10.6% increase from March's $3.1 million and a 23.8% increase from January's $2.77 million. The company's gross profit margin rose from 65.3% in January to 81.9% in April, reflecting a 16.6 percentage point increase. Over four months, gross profits increased 55.2% to an estimated $2.8 million in April. Investview holds $8 million in Bitcoin and NDAU currency as of April 30, 2021.
Investview Inc. (OTCQB: INVU) has announced a preliminary Schedule 14C, allowing its Board to execute a reverse stock split of up to 1 for 20 in conjunction with an anticipated uplisting to Nasdaq. This decision follows positive financial results from their FINTECH initiatives. CEO Joseph Cammarata emphasized the importance of this measure for future capital structure adjustments. The company meets Nasdaq's qualifications based on strong sales and earnings, paving the way for the uplist and enhancing its market presence.
Investview, Inc. (OTCQB: INVU) reports record-breaking financial results for Q4 and the fiscal year ended March 31, 2021. Gross revenues surged to $40.1 million for the year and $18 million for the fourth quarter, reflecting year-over-year increases of 53% and 291%, respectively. Net income reached $1.6 million, a significant recovery from a $21.3 million loss last fiscal year. The company attributed growth to enhanced Bitcoin mining operations and increasing demand for financial education products, particularly among younger consumers.
Investview, Inc. (OTCQB: INVU) reported a record gross revenue of $7.8 million for March 2021, marking a 41.8% increase from February's $5.5 million. This achievement is attributed to the success of its Bitcoin mining and product sales. Additionally, the company holds over $6.2 million in Bitcoin and NDAU digital currency as of March 31, 2021, significantly up from just over $1 million at the end of February. Executives express optimism regarding ongoing growth and commitment to fintech objectives, highlighting the strong demand for financial education across demographics.
Investview has strategically relocated its largest mining operation to a cost-effective region with low sustainable power rates, leading to significant cost reductions. In March 2021, Investview’s SAFETek subsidiary achieved an all-time high monthly revenue of $3.1M, a 32.5% increase from February. SAFETek also improved its gross profit margin to 77%, up by 11 percentage points since January. The technology migration of 71% of mining servers was executed with minimal downtime, increasing gross profits to an estimated $2.4M in March 2021.
Investview (OTCQB: INVU) has invested $1 million in NDAU, the world's first adaptive digital currency, focusing on Bitcoin mining and digital asset management. This strategic move aligns with the growing institutional interest in cryptocurrencies, with NDAU's value rising over 100% since November 2020 and increasing by nearly 22% in the last month. The company aims to leverage digital currencies to enhance treasury flexibility and maximize cash returns. NDAU's design facilitates user-friendly staking, appealing to investors seeking long-term value stability.
Investview, Inc. (OTCQB: INVU) announced record financial results for February 2021, achieving $5.5 million in gross revenue, the highest in the company's history. Estimated net income reached $1.9 million, also a record for the firm, with a notable 30% operating margin. The company reported over $1 million in Bitcoin and digital currency holdings as of February 28, 2021. These results stem from strong performances in Bitcoin mining and product sales, reflecting advances in the company's financial technology initiatives.