Investview (“INVU”) Reports Strong Year over Year Growth in Third Quarter Fiscal 2021 Financial Results - Seite 2

Third Quarter Fiscal 2021 Financial Highlights

• Consolidated net revenue increased $2.9 million, or 59% from $5 million to $7.9 million
• Consolidated net income increased $5.5 million, or 145%, from a net loss of $3.8 million to net income of $1.7 million

Nine Months Ended 12/31/20 Fiscal 2021 Financial Highlights

• Cash, cash equivalents, and restricted cash increased $1.4 million from $137k to $1.6 million
• Consolidated current liabilities decreased $12 million from $20.7 million to $8.7 million
• Future debt obligations were reduced by $45.6 million

Management Commentary

The company’s ability to navigate the challenges posed by COVID-19 and take necessary definitive actions to protect and preserve business operations assisted in the positive performance for Q3 of fiscal 2021. This included the discontinuation of the APEX program on June 30^th, 2020 which had created a total debt obligation in excess of $65 million, of which $23 million had been recorded on our balance sheet with another $42 million of interest expense to be recorded in the subsequent five years. Management was able to successfully buy back our obligations under the APEX program during the three months ended December 31^st, 2020 in exchange for promissory notes totaling $19.5 million, resulting in a $45.56 million reduction in our total debt obligations, of which $3.9 million was recorded as a gain on settlement of debt during the three months ended December 31, 2020 and the remaining $42 million will be eliminated from our future interest expense. While this restructure of our debt obligations contributed to the decrease of only $864k in total liabilities, from $24.6 million as of March 31, 2020 to $23.8 million as of December 31, 2020, the savings of $42 million in interest expense over the next 5 years is worthwhile.

“We are extremely pleased with our performance for the three quarters of fiscal 2021 which were delivered in a highly challenging operation environment amidst the COVID-19 pandemic. We are executing our multi-year plan and we are pleased to see it generating revenue and profitability,” added Joe Cammarata, CEO.

Business Outlook

Based on recent events that have unfolded in the on-line retail investor space, we see that the need has never been greater for comprehensive investor education which we currently deliver in over 100 countries worldwide. The growth of individual self-directed investors due to social media and other information forums turns our focus to the planned ownership of an on-line broker dealer dedicated to meeting the needs of this trader profile. (Reference: Investview (“INVU”) Enters Into $11 Million Stock Purchase with Strategic Fintech Partner Press Release April, 2020) With the ability to educate and identify the tools required by today’s multi-generational investor base, we are provided a unique opportunity to deliver a leading edge trade experience.