Investview's Revenue Plunges 28% Amid Membership Decline, Swings to Loss

TL;DR

**INVUP is bleeding cash and losing its core business; get out now.**

AI Summary

Investview, Inc. (INVUP) experienced a significant decline in total revenue, dropping from $40,521,479 for the nine months ended September 30, 2024, to $29,106,578 for the same period in 2025, a decrease of 28.2%. This was primarily driven by a substantial reduction in membership revenue, which fell from $36,232,688 to $23,702,859, a 34.5% decline. The company also shifted from a net income of $1,392,139 in the first nine months of 2024 to a net loss of $1,111,938 in 2025. Despite the overall revenue decline, mining revenue decreased less significantly from $4,288,791 to $2,615,778, while health and wellness product sales emerged as a new revenue stream, generating $2,709,692 in 2025. Cash and cash equivalents decreased by $7,387,254, from $22,467,710 at December 31, 2024, to $15,080,456 at September 30, 2025. The company also initiated common stock repurchases, holding 8,501,503 shares as treasury stock at a cost of $137,261 by September 30, 2025.

Why It Matters

Investview's substantial revenue decline and shift to a net loss signal significant operational challenges, particularly in its core membership business. For investors, this raises concerns about the company's ability to generate sustainable profits and could lead to further stock price volatility. Employees might face job insecurity if the company continues to struggle, while customers could see changes in service offerings or product availability. In the competitive landscape of financial technology and wellness, this downturn could weaken Investview's market position, potentially allowing rivals to gain market share.

Risk Assessment

Risk Level: high — Investview reported a net loss of $1,111,938 for the nine months ended September 30, 2025, a significant reversal from a net income of $1,392,139 in the prior year. Cash and cash equivalents decreased by $7,387,254 during the nine-month period, indicating a rapid burn rate and potential liquidity issues if trends continue.

Analyst Insight

Investors should consider divesting from INVUP given the sharp decline in core membership revenue, the swing to a net loss, and the significant cash burn. The introduction of new revenue streams like health and wellness has not offset the losses, indicating fundamental business model challenges.

Financial Highlights

debt To Equity

N/A

revenue

$29,106,578

operating Margin

N/A

total Assets

N/A

total Debt

N/A

net Income

($1,111,938)

eps

N/A

gross Margin

N/A

cash Position

$15,080,456

revenue Growth

-28.2%

Revenue Breakdown

Key Numbers

• $29.1M — Total Revenue (Down 28.2% from $40.5M in 2024 for the nine months ended September 30)
• ($1.1M) — Net Income (Loss) (Swung from a $1.4M net income in 2024 to a net loss in 2025 for the nine months ended September 30)
• $23.7M — Membership Revenue (Down 34.5% from $36.2M in 2024 for the nine months ended September 30)
• $15.1M — Cash and Cash Equivalents (Decreased by $7.4M from $22.5M at December 31, 2024)
• 8,501,503 — Treasury Stock Shares (New repurchase activity, valued at $137,261 as of September 30, 2025)
• $2.7M — Health and Wellness Product Sales (New revenue stream in 2025, not present in 2024)

Key Players & Entities

• Investview, Inc. (company) — registrant
• Wealth Generators, LLC (company) — wholly owned subsidiary
• Kuvera, LLC (company) — renamed subsidiary
• iGenius, LLC (company) — renamed subsidiary
• SAFETek, LLC (company) — wholly owned subsidiary
• Market Trend Strategies, LLC (company) — entity involved in spin-off
• SEC (regulator) — Securities and Exchange Commission
• $40,521,479 (dollar_amount) — total revenue for nine months ended September 30, 2024
• $29,106,578 (dollar_amount) — total revenue for nine months ended September 30, 2025
• $1,111,938 (dollar_amount) — net loss for nine months ended September 30, 2025

FAQ

Risk Factors

• Declining Revenue and Profitability [high — financial]: Total revenue decreased by 28.2% to $29.1M for the nine months ended Sept 30, 2025, driven by a 34.5% drop in membership revenue. The company swung from a net income of $1.4M in 2024 to a net loss of $1.1M in 2025, indicating significant profitability challenges.
• Deteriorating Cash Position [medium — financial]: Cash and cash equivalents decreased by $7.4M from $22.5M at Dec 31, 2024, to $15.1M at Sept 30, 2025. This reduction in liquidity could impact the company's ability to fund operations and investments.
• Dependence on Membership Model [high — operational]: The substantial decline in membership revenue highlights a potential over-reliance on this segment. A continued downturn in membership could severely impact future financial performance.
• Emerging Competition in Health and Wellness [medium — market]: While Health and Wellness product sales represent a new revenue stream ($2.7M), this market is often highly competitive. Success will depend on the company's ability to gain market share and maintain profitability in this segment.
• Stock Repurchase Activity [low — financial]: The company initiated common stock repurchases, holding 8.5M shares in treasury stock by Sept 30, 2025. While intended to return value, this activity uses cash that could otherwise be used for operational improvements or debt reduction.

Industry Context

Investview, Inc. operates in a challenging environment with its core membership model facing significant headwinds, as evidenced by the 34.5% revenue decline. The company is attempting to diversify with a new health and wellness product line, a sector known for its competitive intensity and evolving consumer preferences. The mining segment, while less impacted, also saw a revenue decrease.

Regulatory Implications

As a publicly traded company, Investview, Inc. is subject to SEC regulations and reporting requirements. The significant decline in revenue and shift to a net loss may attract increased scrutiny from investors and potentially regulators regarding the company's financial stability and future prospects.

What Investors Should Do

1. Monitor the performance of the new Health and Wellness segment closely.
2. Analyze the drivers behind the decline in Membership Revenue.
3. Evaluate the company's cash burn rate and future liquidity needs.
4. Assess the long-term viability of the mining segment.

Key Dates

• 2025-09-30: Nine Months Ended — Reporting period for the 10-Q, showing significant revenue decline and net loss.
• 2025-09-30: Cash and Cash Equivalents — Reported at $15,080,456, a decrease of $7.4M from year-end 2024.
• 2025-09-30: Treasury Stock — Company held 8,501,503 shares at a cost of $137,261, indicating share repurchase activity.
• 2024-09-30: Nine Months Ended — Prior year period for comparison, showing $40.5M in revenue and a net income of $1.4M.
• 2024-12-31: Cash and Cash Equivalents — Reported at $22,467,710, the starting point for the cash decrease observed in 2025.

Glossary

Treasury Stock

Shares of a company's own stock that have been repurchased from the open market. These shares are no longer outstanding and do not carry voting rights. (Indicates the company has used cash to buy back its own shares, reducing outstanding shares and potentially signaling management's belief in undervaluation or a strategy to boost EPS.)

Membership Revenue

Revenue generated from customers paying for ongoing access to services, content, or benefits, typically on a recurring basis. (This is the primary revenue driver for Investview, Inc., and its significant decline is a major concern for the company's financial health.)

Mining Revenue

Revenue derived from the extraction and sale of minerals or other natural resources. (Represents a secondary revenue stream for Investview, Inc., which experienced a decline but less severe than membership revenue.)

Condensed Consolidated Statements of Operations and Other Comprehensive Income (Loss)

A financial statement that summarizes a company's revenues, expenses, gains, and losses over a specific period. (This statement details the company's profitability, showing the swing from net income to a net loss for the nine months ended September 30, 2025.)

Year-Over-Year Comparison

Compared to the nine months ended September 30, 2024, Investview, Inc. has experienced a significant downturn. Total revenue has fallen by 28.2% from $40.5M to $29.1M, primarily due to a 34.5% decrease in membership revenue. The company has also swung from a net income of $1.4M to a net loss of $1.1M. Cash reserves have diminished by $7.4M, and the company has initiated stock repurchases, adding 8.5M shares to treasury stock.

Filing Documents

• form10-q.htm (10-Q) — 1368KB
• ex31-01.htm (EX-31.01) — 12KB
• ex31-02.htm (EX-31.02) — 12KB
• ex32-01.htm (EX-32.01) — 6KB
• ex32-02.htm (EX-32.02) — 6KB
• 0001493152-25-022223.txt ( ) — 8419KB
• invu-20250930.xsd (EX-101.SCH) — 55KB
• invu-20250930_cal.xml (EX-101.CAL) — 75KB
• invu-20250930_def.xml (EX-101.DEF) — 272KB
• invu-20250930_lab.xml (EX-101.LAB) — 529KB
• invu-20250930_pre.xml (EX-101.PRE) — 433KB
• form10-q_htm.xml (XML) — 1484KB

– FINANCIAL INFORMATION

PART I – FINANCIAL INFORMATION 3

– FINANCIAL STATEMENTS

ITEM 1 – FINANCIAL STATEMENTS 3 Condensed Consolidated Balance Sheets as of September 30, 2025 (Unaudited) and December 31, 2024 3 Condensed Consolidated Statements of Operations and Other Comprehensive Income (Loss) for the Three and Nine Months Ended September 30, 2025 and 2024 (Unaudited) 4 Condensed Consolidated Statements of Stockholders' Equity (Deficit) for the Three and Nine Months Ended September 30, 2025 and 2024 (Unaudited) 5 Condensed Consolidated Statements of Cash Flows for the Nine Months Ended September 30, 2025 and 2024 (Unaudited) 6 Notes to Condensed Consolidated Financial Statements as of September 30, 2025 (Unaudited) 7

– MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

ITEM 2 – MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS 33

– QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

ITEM 3 – QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK 39

– CONTROLS AND PROCEDURES

ITEM 4 – CONTROLS AND PROCEDURES 39

– OTHER INFORMATION

PART II – OTHER INFORMATION 39

– LEGAL PROCEEDINGS

ITEM 1 – LEGAL PROCEEDINGS 39

A – RISK FACTORS

ITEM 1.A – RISK FACTORS 39

– UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

ITEM 2 – UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS 41

– DEFAULTS UPON SENIOR SECURITIES

ITEM 3 – DEFAULTS UPON SENIOR SECURITIES 41

– MINE SAFETY DISCLOSURES

ITEM 4 – MINE SAFETY DISCLOSURES 41

– OTHER INFORMATION

ITEM 5 – OTHER INFORMATION 41

– EXHIBITS

ITEM 6 – EXHIBITS 42 SIGNATURE PAGE 43 2 PART I – FINANCIAL INFORMATION ITEM 1 – FINANCIAL STATEMENTS INVESTVIEW, INC. CONDENSED CONSOLIDATED BALANCE SHEETS September 30 December 31, 2025 2024 (unaudited) ASSETS Current assets: Cash and cash equivalents $ 15,080,456 $ 22,467,710 Prepaid assets 384,625 497,620 Deposits, current 1,145,046 936,434 Receivables 2,687,811 2,534,727 Inventory 1,094,223 495,865 Income tax paid in advance 459,872 459,872 Total current assets 20,852,033 27,392,228 Fixed assets, net 1,752,960 1,868,441 Other assets: Digital assets 3,794,502 1,127,891 Goodwill 873,701 873,701 Intangible assets, net 40,310 40,310 Operating lease right-of-use asset 118,463 211,996 Deposits 56,741 57,028 Total other assets 4,883,717 2,310,926 Total assets $ 27,488,710 $ 31,571,595 LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) Current liabilities: Accounts payable and accrued liabilities $ 4,388,361 $ 7,139,684 Payroll liabilities 180,808 271,606 Income tax payable 201,266 202,573 Deferred revenue 2,190,377 3,029,145 Derivative liability 625 758 Dividend liability 239,131 245,101 Operating lease liability, current 102,902 165,707 Related party debt, net of discounts, current 1,205,557 1,204,567 Debt, net of discounts, current 29,244 29,244 Total current liabilities 8,538,271 12,288,385 Operating lease liability, long term 15,604 46,433 Accrued liabilities, long term 49,840 45,532 Related party debt, net of discounts, long term 1,753,673 1,501,041 Debt, net of discounts, long term 482,740 490,619 Total long-term liabilities 2,301,857 2,083,625 Total liabilities 10,840,128 14,372,010 Commitments and contingencies - - Stockholders' equity (deficit): Preferred stock, par value: $ 0.001 ; 50,000,000 shares authorized, 252,192 issued and outstanding as of September 30, 2025 and December 31, 2024 252 252 C

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