Company: INVUP
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001641172-25-001193
Chunk: 2001

Company: Investview, Inc.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 6
Chunk 2001
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2 million.

Announcement of Stock Repurchase Program

On
March 6, 2025, the Board of Directors authorized a stock repurchase program that will allow the Company to repurchase up to $1,000,000
in aggregate value of shares of the Company’s common stock, par value $0.001 per share, through March 6, 2026. As of the date of
this filing, 705,890 shares have been repurchased for $16,618. These shares are being held by the Company in Treasury.

Results
of Operations

Year
Ended December 31, 2024, Compared to Year Ended December 31, 2023

Revenues

    Year Ended December 31,  
    Increase 

    2024  
    2023  
    (Decrease) 

    Membership revenue, net of refunds, incentives, credits, and chargebacks 
    $47,061,290  
    $56,036,052  
    $(8,974,762)
  
    Mining revenue 
     5,186,606  
     11,348,156  
     (6,161,550)
  
    Health and wellness product sales 
     110,671  
     -  
     110,671 
  
    Cryptocurrency revenue 
     -  
     513,285  
     (513,285)
  
    Mining equipment repair revenue 
     23,404  
     23,378  
     26 
  
    Total revenue, net 
    $52,381,971  
    $67,920,871  
    $(15,538,900)

Total
revenue, net, decreased $15,538,900, or 23%, from $67,920,871 for the year ended December 31, 2023, to $52,381,971 for the year ended
December 31, 2024. The decreases of $9.0 million, $6.2 million, and $513 thousand pertain to a contraction in our membership revenue,
mining revenue, and cryptocurrency revenue, respectively. The $9.0 million (16%) decrease in membership revenue was largely attributable
to a combination of shifts in consumer behavior and demand following the COVID-19 pandemic as individuals re-evaluated their spending
priorities, lifestyle habits, and engagement preferences, as well as broader