Investview Q2 net revenue falls on European network contraction
INVU•Key financial details
- Q2 revenue: $2.50 million
- Q2 gross revenue: $2.60 million
- Q2 income from operations: -$2.10 million
Post-quarter actions and outlook
After quarter-end, Investview said it sold $8.3 million in private investments and exited crypto mining operations.
The company said it targets initial commercial operations for Opencash Securities by the end of Q2 2027. It is also expanding direct-to-consumer initiatives for Conectiv and MyLife Wellness after quarter-end, and said it will focus on portfolio simplification and capital allocation discipline going forward.
Q2 revenue falls amid European network contraction
Investview said Q2 net revenue fell 73% year over year, hurt by a contraction in its European marketing network after a regulatory decision in Poland.
The company posted a Q2 operating loss after a profit in the prior-year period, citing lower sales in its wellness and marketing businesses.
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