Investview, Inc. (“INVU”) Reports Financial Results and Current Operational and Financial Highlights for the First Quarter Ended March 31, 2025

Core Insights - Investview, Inc. reported its first quarter 2025 financial results, highlighting operational progress and strategic initiatives across its diversified business segments [1] Financial Performance - iGenius net revenue for Q1 2025 was $8.8 million, a decrease of $4.2 million or 32.5% compared to Q1 2024, attributed to shifts in consumer behavior post-COVID-19 and macroeconomic headwinds [4] - Gross Revenue decreased by 35.3% to $10.7 million in Q1 2025 from $16.5 million in Q1 2024 [5] - Net Revenue fell by 36.0% to $10.0 million in Q1 2025 from $15.7 million in Q1 2024 [5] - Net cash used in operating activities was ($3.4) million in Q1 2025, compared to net cash provided of $4.8 million in Q1 2024 [5] - Cash and cash equivalents decreased by $5.0 million or 22.1% to $17.5 million as of March 31, 2025 [5] - Total assets decreased by $1.6 million or 5.2% to $29.9 million, while total liabilities decreased by $1.2 million or 8.7% to $13.1 million [5] Blockchain and Crypto Mining Segment - SAFETek net revenue in Q1 2025 was $0.9 million, a decrease of $1.8 million or 67.3% compared to the prior year, primarily due to the April 2024 Bitcoin halving event and increased mining difficulty [7] - SAFETek produced 9.12 Bitcoin in Q1 2025 despite challenges, leveraging reduced power costs from energy curtailment [8] - The segment executed strategic initiatives in 2024 to enhance operational efficiency, including retiring legacy hardware and deploying next-generation ASIC miners [9] Health, Beauty, and Wellness Segment - The acquisition of Renu Laboratories in October 2024 marked a strategic entry into the health, beauty, and wellness market [11] - Renu Labs generated $0.4 million in net revenue for Q1 2025, with revenues in Q2 2025 already exceeding Q1 results [12] - The company is focused on scaling manufacturing capacity and expanding its product portfolio [13] Financial Services Initiatives - The acquisition of Opencash Securities LLC in March 2024 aims to establish a mobile-first trading platform for retail investors [17] - Opencash is in the final stages of development, preparing for a commercial launch focused on low-cost, commission-free trading [18] - The platform will integrate with the MPower Prodigio trading engine to offer a seamless trading experience [19]