INVESTVIEW : MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF

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Forward-Looking Statements

The following discussion should be read in conjunction with our consolidated
financial statements and notes to our financial statements included elsewhere in
this report. This discussion contains forward-looking statements that involve
risks and uncertainties. When the words "believe," "expect," "plan," "project,"
"estimate," and similar expressions are used, they identify forward-looking
statements. These forward-looking statements are based on management's current
beliefs and assumptions and information currently available to management, and
involve known and unknown risks, uncertainties, and other factors that may cause
the actual results, performance, or achievements to be materially different from
any future results, performance, or achievements expressed or implied by these
forward-looking statements. Information concerning factors that could cause our
actual results to differ materially from these forward-looking statements can be
found in our periodic reports filed with the Securities and Exchange Commission
("SEC"). The forward-looking statements included in this report are made only as
of the date of this report. We disclaim any obligation to update any
forward-looking statements whether as a result of new information, future
events, or otherwise.
Business Overview
Investview, Inc. ("we", "our", the "Company") is a publicly traded diversified
financial technology company with the symbol OTCQB:INVU. We operate through our
family of wholly owned subsidiaries to provide dynamic financial education,
diversified investment tools, global market research, self-directed brokerage
services, institutional trade execution services, innovative advisory services
(RIA, CTA), codeless algorithmic trading technologies, crypto mining,
optimization, and repair solutions, and adaptive blockchain technologies.

Investview, Inc., under the leadership of CEO Joseph Cammarata, has spent the
majority of fiscal 2021 establishing the company as a FINTECH provider of
services. The Company’s objective is to provide a suite of offerings that
advance financial technology initiatives in the personal finance, global
markets, high speed processing and decentralized finance.

Our largest subsidiary is iGenius, LLC which delivers financial education,
technology and research to individuals, as well as cryptocurrency packages,
through a subscription-based multi-level marketing model. iGenius, LLC provides
research, education, and investment tools designed to assist the self-directed
investor in successfully navigating the financial markets. These services
include research, trade alerts, and live trading rooms that include instruction
in equities, options, FOREX, ETFs, binary options, crowdfunding and
cryptocurrency sector education. In addition to trading tools and research, we
also offer full education and software applications to assist the individual in
debt reduction, increased savings, budgeting, and proper tax management. Each
product subscription includes a core set of trading tools and research along
with the personal finance management suite to provide an individual with
complete access to the information necessary to cultivate and manage their
financial situation. iGenius operations are located at Salt Lake City, Utah and
more information can be found at igeniusglobal.com.
Kuvera France S.A.S. was our entity in France and iGenius Global LTD is our
entity in Northern Ireland. These entities were responsible for distributing our
products and services throughout the European Union. Kuvera France S.A.S. was
closed in June of 2021.
S.A.F.E. Management, LLC ("SAFE") is a Registered Investment Adviser and
Commodity Trading Adviser that has been established to deliver automated trading
strategies to individuals who find they lack the time to trade for themselves.
SAFE is committed to bringing innovative trade methodologies, strategies and
algorithms for all worldwide financial markets. SAFE is a state registered
investment adviser and Commodity Trading Advisor with operations are located in
our Eatontown, New Jersey Corporate Finance location. More information regarding
S.A.F.E. Management, LLC can be found at safeadvglobal.com. SAFE will be joining
the Investview Financial Group Holdings companies as we finalize the acquisition
of SSA Technologies and MPower.
SAFETek, LLC ("SAFETek") operates in the high-speed processing computing space
and utilizes next generation processing technologies to focus on artificial
intelligence, data mining and blockchain technologies. SAFETek's processing
operation can be used for any of the following intense processing activities:
protein folding, CGI rendering, Game Streaming, Machine & Deep Learning, Mining,
Independent Financial Verification, and general high-speed computing. Key
trending markets for Data Computation include Internet of Things, Smart Homes,
smart cities, smart devices, Artificial Intelligence, blockchain technology,
Virtual Reality, 3D animation, and health technology data to name a few. SAFETek
has deployed a large-scale processing operation that is currently dedicated to
high speed BTC mining operations. SAFETek has recently established a Texas based
research, development and repair facility dedicated to repairing, improving and
refurbishing high speed mining processors.
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Apex Tek, LLC was the entity responsible for sales of the APEX program. Launched
in September 2019, the APEX product pack included hardware, firmware, software
and insurance that was purchased and then leased to SAFETek, LLC. We have
currently ceased selling the APEX package and bought back all leases associated
with the business. There are currently no operations or activity in Apex Tek,
LLC.
United Games, LLC, United League, LLC, and Investment Tools & Training, LLC have
had no operations and will be restructured or eliminated. Investview Financial
Group Holdings, LLC, and Investview MTS, LLC, will be used in conjunction with
our anticipated acquisitions of SSA Technologies LLC, an entity that owns and
operates LevelX Capital LLC, a FINRA registered broker-dealer and LevelX
Advisors LLC, a registered investment advisor, as well as MPower Trading Systems
LLC, the developer and owner of Prodigio, a proprietary software-based trading
platform with applications in the brokerage industry, respectively.
Results of Operations

Three Months Ended June 30, 2021 Compared to Three Months Ended June 30, 2020

Revenues
We recorded net revenue of $25,626,565 for the three months ended June 30, 2021,
which was an increase of $20,036,749 or 658%, from the prior period net revenue
of $5,589,816. The increase can be explained by an increase of Bitcoin value, a
114% increase in active Bitcoin miners, the introduction of NDAU, the world's
first adaptive digital currency product and improvements to our iGenius product
offerings and distribution in new markets.

Our gross billings increased by 506%, or $29,872,681, to $35,779,200 in the
three months ended June 30, 2021, versus $5,906,519 in the three months ended
June 30, 2020, as a result of the activity noted above.

Operating Costs and Expenses

We recorded operating costs and expenses of $15,089,115 for the three months
ended June 30, 2021, which was an increase of $6,492,501, or 76%, from the prior
period's operating costs and expenses of $8,596,614. The increase can be
explained, in general, by the growth of our operations and increases in our
revenue. Specifically, there was an increase in our cost of sales and service of
$1,273,828, or 140%, from $912,324 for the three months ended June 30, 2020, to
$2,186,152 for the three months ended June 30, 2021, and there was an increase
in our commissions of $5,408,590, or 160%, from $3,373,831 for the three months
ended June 30, 2020, to $8,782,421 for the three months ended June 30, 2021. The
increase in cost of sales and service was a result of mining costs incurred in
the current period as it related to the increase in mining revenue and the
increase in commissions was a result of the increase in subscription revenue.
Other Income and Expenses
We recorded other income (expense) of $(1,761,603) for the three months ended
June 30, 2021, which was a difference of $144,401, or 8%, from the prior period
other income (expense) of $(1,906,004). The change is due a decrease in interest
expense from $2,247,098 in the three months ended June 30, 2020 compared to
interest...

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