INVUOTCServices-Business Services, NECUS GAAP · USD

Investview, Inc.

Investview, Inc. is a diversified financial technology and consumer products company with operations spanning financial education memberships, bitcoin mining, an early-stage retail trading platform, and health and wellness product manufacturing through Renu Laboratories LLC. The company monetizes a global distributor network for membership products while also selling physical wellness products and generating digital-asset mining revenue.

Revenue36.3m USD
−30.8 %y/y
Operating profit (EBIT)-8.3m USD
−587.4 %y/y
EBIT margin-22.8%
−26.0 ppy/y
Net income-8.9m USD
−848.3 %y/y
Free cash flow-4.2m USD
−131.3 %y/y

Fiscal year 2025 · change from previous year

Development 2020–2025

-20020406080m USD2020: 24 m USD2020: EBIT -13 m USD20202021: 38 m USD2021: EBIT 0.77 m USD20212022: 62 m USD2022: EBIT -8.6 m USD20222023: 68 m USD2023: EBIT 4.6 m USD20232024: 52 m USD2024: EBIT 1.7 m USD20242025: 36 m USD2025: EBIT -8.3 m USD202536-8.3
RevenueOperating profit (EBIT)

Business

Share of revenue
Membership and financial education75 %

Subscription-like membership products and related educational services sold through independent distributors.

Bitcoin mining10 %

Revenue from providing computing power to a bitcoin mining pool operator.

Health and wellness products13 %

Manufacture and sale of consumer health, beauty, and wellness products through Renu Laboratories LLC.

Other revenue2 %

Shipping, direct-cost pass-throughs, and warehouse storage fees billed to customers.

Products

Reported · share of revenue
80.6%10.0%9.1%FY2025100 %
  • Membership Revenue80.6 %
  • Health and Wellness Revenue10.0 %
  • Mining Revenue9.1 %
  • Other0.2 %

Source: 10-K FY2025, revenue the company reports per product line (SEC XBRL). Shares are of the lines shown and add up to 100 %.

Customers

The company serves individual consumers and independent distributors who buy financial education memberships and related services, often through a network-based sales model. It also sells health and wellness products to customers that order physical goods for resale or consumption, and earns mining revenue indirectly from the mining pool operator rather than end consumers. The early-stage trading platform is aimed at self-directed retail investors.

Independent distributors

Buy and promote membership products within the company's global network because the model rewards recurring sales and referrals.

Retail membership customers

Purchase financial education and related services for personal investing or learning needs.

Health and wellness consumers

Buy physical wellness products manufactured by Renu Laboratories for personal use or resale.

Mining pool operator

Receives computing power from the company in exchange for bitcoin mining revenue.

Self-directed retail investors

Target users for the early-stage online trading broker-dealer platform.

Strategy

Investview is trying to diversify beyond its legacy membership business by combining digital-asset mining, consumer products, and an early-stage trading platform. The strategy appears focused on monetizing multiple revenue streams while using a global distributor network and physical product capabilities to broaden the business base.

Diversify revenue mixMedium term

Reduces dependence on membership revenue and helps offset volatility in any one business line.

Scale distributor-led membership salesShort term

The membership business remains the largest revenue source and supports the company's core cash generation.

Build non-membership operating capabilitiesMedium term

Physical products and mining require different execution capabilities and can broaden the company's addressable market.

Geography

Investview reports meaningful foreign revenue exposure, with approximately $6.7 million of revenue in the June 2025 quarter and $20.4 million in the first nine months of 2025 coming from outside the United States. Domestic revenue remains important, but the business mix shows that a large share of activity is tied to international membership and related sales channels. The company also operates a warehouse facility in Warminster, Pennsylvania, which supports its health and wellness product logistics.

Risks

Investview's revenue is exposed to volatility in distributor-driven membership sales, which can move sharply quarter to quarter and is sensitive to refunds, incentives, and chargebacks. The company also faces execution risk in newer businesses such as bitcoin mining, consumer product manufacturing, and the broker-dealer platform, each of which requires different operating capabilities and regulatory oversight. Foreign revenue exposure adds currency, compliance, and cross-border demand risk.

Sorted by severity
Membership revenue volatilityHigh

A large share of revenue comes from distributor-led membership sales, which can fluctuate with demand, incentives, and churn.

Exposure: Membership revenue declined year over year in the September 2025 quarter.

Refunds, incentives, credits, and chargebacksHigh

These deductions directly reduce recognized revenue and can materially affect reported growth and margins.

Exposure: The company discloses gross billings and net revenue after deductions.

Regulatory and compliance riskHigh

The business spans financial education, broker-dealer activities, and digital assets, all of which attract regulatory scrutiny.

ExposurePotential licensingDisclosureConsumer-protection requirements
Bitcoin mining economicsMedium

Mining revenue depends on bitcoin price, network difficulty, uptime, and pool operator economics.

Exposure: Mining revenue is a smaller but meaningful and volatile revenue stream.

Foreign revenue exposureMedium

A majority of recent revenue was generated outside the United States, increasing operational and currency risk.

Exposure: Approximately $20.4 million of 9M 2025 revenue was foreign.

Accounting

Judgemental items
Revenue recognition across multiple models

Different timing rules apply to memberships, physical products, and mining, affecting when revenue is recorded.

Impact: Can shift revenue between quarters and change gross margin presentation.

Refunds and chargebacks

Membership revenue is presented net of deductions, which can materially reduce top-line reported growth.

Impact: Affects reported revenue and comparability with gross billings.

Deferred revenue from customer deposits

Advance payments are recorded as liabilities until performance obligations are satisfied.

Impact: Impacts revenue timing and balance sheet liabilities.

Mining revenue net presentation

Mining revenue is shown net of pool operator fees, so gross receipts are not the same as reported revenue.

Impact: Affects revenue comparability and margin analysis.

Publicly listed companies with a comparable business focus.

Last updated: 28/04/2026