Net Element Company Profile (NASDAQ:NETE)

About Net Element (NASDAQ:NETE)

Net Element logoNet Element, Inc. operates as a financial technology and value-added solutions company worldwide. It operates in three segments: North America Transaction Solutions, Mobile Solutions, and Online Solutions. The North America Transaction Solutions segment provides technology and services that businesses require to accept cashless transaction for retail card-present, e-commerce, or card-not-present mail order/telephone order transactions; and Aptito, a cloud-based point of sale (POS) platform, which includes hospitality, mobile POS, and small to medium sized business retail POS applications, as well as offers mobile payment and merchant back office reporting services, and merchant performance analytical tools. The Mobile Solutions segment provides an integrated mobile billing and mobile commerce solution for digital merchants, such as social networks, game developers, online magazines, mobile applications, and digital media operators to monetize their content in a mobile environment. It also offers various mobile payment solutions for Web services and mobile applications. This segment enables mobile users to pay for purchases through mobile devices, interactive devices, or Web without a credit card or a bank account. The Online Solutions segment operates PayOnline, a software-as-a-service suite of solutions for electronic and mobile commerce gateway and payment processing platform that facilitate payment acceptance and processing through point-to-point encryption and tokenization solutions. It operates in North America, the Russian Federation, and the Commonwealth of Independent States. The company was formerly known as Net Element International, Inc. and changed its name to Net Element, Inc. in December 2013. Net Element, Inc. was founded in 2004 and is headquartered in North Miami Beach, Florida.

Industry, Sector and Symbol:
  • Sector: Retail/Wholesale
  • Industry: Internet Software & Services
  • Sub-Industry: N/A
  • Symbol: NASDAQ:NETE
  • CUSIP: N/A
  • Web: www.netelement.com
Capitalization:
  • Market Cap: $13.68 million
  • Outstanding Shares: 19,000,000
Average Prices:
  • 50 Day Moving Avg: $0.37
  • 200 Day Moving Avg: $0.65
  • 52 Week Range: $0.26 - $1.54
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -8.00
  • P/E Growth: 0.000000
Sales & Book Value:
  • Annual Revenue: $59.04 million
  • Price / Sales: 0.23
  • Book Value: $0.11 per share
  • Price / Book: 6.55
Profitability:
  • EBIDTA: ($6,920,000.00)
  • Net Margins: -17.65%
  • Return on Equity: -191.07%
  • Return on Assets: -33.44%
Debt:
  • Debt-to-Equity Ratio: 3.17%
  • Current Ratio: 0.62%
  • Quick Ratio: 0.62%
Misc:
  • Average Volume: 641,425 shs.
  • Beta: 1.04
  • Short Ratio: 3.61
 

Frequently Asked Questions for Net Element (NASDAQ:NETE)

What is Net Element's stock symbol?

Net Element trades on the NASDAQ under the ticker symbol "NETE."

When did Net Element's stock split? How did Net Element's stock split work?

Net Element shares reverse split before market open on Wednesday, May 25th 2016. The 1-10 reverse split was announced on Tuesday, May 24th 2016. The number of shares owned by shareholders was adjusted after the closing bell on Tuesday, May 24th 2016. An investor that had 100 shares of Net Element stock prior to the reverse split would have 10 shares after the split.

How were Net Element's earnings last quarter?

Net Element, Inc. (NASDAQ:NETE) released its quarterly earnings results on Monday, August, 14th. The company reported ($0.09) EPS for the quarter, meeting analysts' consensus estimates of ($0.09). The business earned $16.14 million during the quarter, compared to analyst estimates of $15.10 million. Net Element had a negative return on equity of 191.07% and a negative net margin of 17.65%. View Net Element's Earnings History.

Who are some of Net Element's key competitors?

Who owns Net Element stock?

Net Element's stock is owned by many different of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (1.07%). View Institutional Ownership Trends for Net Element.

Who bought Net Element stock? Who is buying Net Element stock?

Net Element's stock was purchased by a variety of institutional investors in the last quarter, including Vanguard Group Inc.. View Insider Buying and Selling for Net Element.

How do I buy Net Element stock?

Shares of Net Element can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Net Element's stock price today?

One share of Net Element stock can currently be purchased for approximately $0.72.


MarketBeat Community Rating for Net Element (NASDAQ NETE)
Community Ranking:  3.1 out of 5 (star star star)
Outperform Votes:  30 (Vote Outperform)
Underperform Votes:  19 (Vote Underperform)
Total Votes:  49
MarketBeat's community ratings are surveys of what our community members think about Net Element and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Net Element (NASDAQ:NETE) (How are Consensus Ratings Calculated?)
Ratings Breakdown: No ratings tracked in the last 12 months.
Consensus Rating:N/A (Score: NaN)
Consensus Price Target: N/A

Analysts' Ratings History for Net Element (NASDAQ:NETE)
Show:
No equities research coverage for this company has been tracked by MarketBeat.com

Earnings

Earnings History for Net Element (NASDAQ:NETE)
Earnings by Quarter for Net Element (NASDAQ:NETE)
Earnings History by Quarter for Net Element (NASDAQ NETE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/14/2017Q2 2017($0.09)($0.09)$15.10 million$16.14 millionViewN/AView Earnings Details
11/14/2016Q316($0.08)($0.25)$12.68 million$14.01 millionViewListenView Earnings Details
5/15/2015Q115($0.07)($0.05)$4.84 million$5.54 millionViewN/AView Earnings Details
11/13/2014Q3 2014($0.03)($0.16)$7.00 million$6.03 millionViewN/AView Earnings Details
5/15/2014Q114($0.11)$0.90 million$4.80 millionViewN/AView Earnings Details
5/17/2013Q1 13($0.11)ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Net Element (NASDAQ:NETE)
2017 EPS Consensus Estimate: ($0.24)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171($0.09)($0.09)($0.09)
Q2 20171($0.08)($0.08)($0.08)
Q3 20171($0.04)($0.04)($0.04)
Q4 20171($0.03)($0.03)($0.03)
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Net Element (NASDAQ:NETE)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Net Element (NASDAQ:NETE)
Insider Ownership Percentage: 27.93%
Institutional Ownership Percentage: 2.38%
Insider Trades by Quarter for Net Element (NASDAQ:NETE)
Insider Trades by Quarter for Net Element (NASDAQ:NETE)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
11/18/2015William HealyDirectorBuy244,720$0.06$14,683.20View SEC Filing  
6/23/2015Jonathan NewCFOSell34,552$0.50$17,276.00View SEC Filing  
6/18/2015Jonathan NewCFOSell45,448$0.50$22,724.00View SEC Filing  
4/13/2015Nurlan AbdouvInsiderSell2,518,688$2.00$5,037,376.00View SEC Filing  
4/2/2015Anashkhan GabbazovaInsiderSell1,500,000$2.00$3,000,000.00View SEC Filing  
9/22/2014Mike ZoiMajor ShareholderSell2,969,735$3.33$9,889,217.55View SEC Filing  
9/17/2014Arco Group LlcMajor ShareholderSell1,150,000$3.64$4,186,000.00View SEC Filing  
6/25/2014James CaanDirectorSell12,077$1.83$22,100.91View SEC Filing  
2/21/2014Dmitry KozkoPresidentSell5,342$3.65$19,498.30View SEC Filing  
12/23/2013Jonathan NewCFOSell1,639$2.57$4,212.23View SEC Filing  
12/20/2013Jonathan NewCFOSell9,161$2.50$22,902.50View SEC Filing  
12/18/2013Jonathan NewCFOSell3,900$2.38$9,282.00View SEC Filing  
12/16/2013Jonathan NewCFOSell6,900$2.24$15,456.00View SEC Filing  
12/12/2013Jonathan NewCFOSell1,200$2.23$2,676.00View SEC Filing  
12/2/2013Jonathan NewCFOSell1,500$2.51$3,765.00View SEC Filing  
10/24/2012Alberto HernandezCOOBuy3,700$6.58$24,346.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Net Element (NASDAQ:NETE)
Latest Headlines for Net Element (NASDAQ:NETE)
Source:
DateHeadline
finance.yahoo.com logoNet Element's PayOnline Launches Payment Acceptance for Azimuth Airlines
finance.yahoo.com - September 22 at 10:53 AM
finance.yahoo.com logoWhy Net Element Inc (NETE) Could Be A Buy
finance.yahoo.com - September 22 at 10:53 AM
finance.yahoo.com logoNet Element's Unified Payments Launches Zero-Fee Processing Program for SMB Merchants in the United States
finance.yahoo.com - September 8 at 6:16 AM
bizjournals.com logoMiami company at risk of being delisted from Nasdaq - South Florida Business Journal
www.bizjournals.com - August 25 at 9:07 AM
streetinsider.com logoNet Element (NETE) Reports Positive Nasdaq Listing Determination
www.streetinsider.com - August 23 at 9:10 AM
finance.yahoo.com logoNet Element Receives Positive Nasdaq Listing Determination; Common Stock to Continue to Trade on Nasdaq
finance.yahoo.com - August 23 at 9:10 AM
streetinsider.com logoNet Element (NETE) Reports Positive Nasdaq Listing Determination - StreetInsider.com
www.streetinsider.com - August 21 at 10:29 PM
seekingalpha.com logoNet Element's (NETE) CEO Oleg Firer on Q2 2017 Results - Earnings Call Transcript
seekingalpha.com - August 17 at 3:57 PM
finance.yahoo.com logoNet Element's PayOnline Launches Payment Acceptance Module for Telegram, Viber, Facebook and VK Instant Messenger Apps
finance.yahoo.com - August 17 at 3:57 PM
finance.yahoo.com logoEdited Transcript of NETE earnings conference call or presentation 15-Aug-17 12:30pm GMT
finance.yahoo.com - August 16 at 1:29 AM
americanbankingnews.com logoNet Element, Inc. (NETE) Releases Earnings Results, Meets Estimates
www.americanbankingnews.com - August 15 at 12:46 PM
finance.yahoo.com logoNet Element Reports Second Quarter 2017 Results
finance.yahoo.com - August 15 at 2:57 AM
americanbankingnews.com logoNet Element, Inc. (NASDAQ:NETE) to Release Earnings on Monday
www.americanbankingnews.com - August 11 at 8:32 PM
finance.yahoo.com logoNet Element's PayOnline Launches Support for Electronic Commerce in the United States
finance.yahoo.com - August 7 at 11:11 PM
finance.yahoo.com logoNet Element's PayOnline Adds Support for iDEAL, the Most Popular Payment System in Netherlands
finance.yahoo.com - July 27 at 4:41 AM
finance.yahoo.com logoNet Element's PayOnline Expands Payments Module to Include Prominent InSales Platform
finance.yahoo.com - July 21 at 3:40 AM
finance.yahoo.com logoNet Element Releases Update Letter to Shareholders
finance.yahoo.com - July 13 at 7:14 AM
finance.yahoo.com logoETFs with exposure to Net Element, Inc. : July 7, 2017
finance.yahoo.com - July 8 at 12:57 PM
finance.yahoo.com logoETFs with exposure to Net Element, Inc. : June 26, 2017
finance.yahoo.com - June 27 at 6:34 AM
streetinsider.com logoNet Element (NETE) Subsidiary PayOnline Announces Partnership with Payvision in Europe - StreetInsider.com
www.streetinsider.com - June 21 at 8:01 PM
finance.yahoo.com logoNet Element's PayOnline Announces Partnership with Payvision in Europe, Extends Access to Global Currencies
finance.yahoo.com - June 21 at 8:01 PM
finance.yahoo.com logoETFs with exposure to Net Element, Inc. : June 16, 2017
finance.yahoo.com - June 16 at 7:43 PM
finance.yahoo.com logoNet Element, Inc. :NETE-US: Earnings Analysis: Q1, 2017 By the Numbers : June 15, 2017
finance.yahoo.com - June 16 at 8:04 AM
finance.yahoo.com logoNet Element's PayOnline Launches Payment Acceptance for International Mobile Network Operator
finance.yahoo.com - June 1 at 9:02 AM
finance.yahoo.com logoNet Element's PayOnline Launches Loyalty Program for Merchants
finance.yahoo.com - May 30 at 6:31 PM
americanbankingnews.com logoQ2 2017 Earnings Forecast for Net Element International Inc (NETE) Issued By Zacks Investment Research
www.americanbankingnews.com - May 18 at 8:02 AM
finance.yahoo.com logoEdited Transcript of NETE earnings conference call or presentation 16-May-17 12:30pm GMT
finance.yahoo.com - May 16 at 11:33 PM
prnewswire.com logoInternational Isotopes Inc. Announces Financial Results For The First Quarter 2017
www.prnewswire.com - May 16 at 6:31 PM
finance.yahoo.com logoNETE: Unified Payments is Still the Star of the Show With Growth of 40%
finance.yahoo.com - May 16 at 6:31 PM
finance.yahoo.com logoNet Element Reports First Quarter 2017 Results
finance.yahoo.com - May 15 at 6:08 PM
finanznachrichten.de logoNET ELEMENT INC
www.finanznachrichten.de - May 10 at 12:08 PM
finance.yahoo.com logoNet Element Announces Enhancements to Aptito; Launches Nationwide Sales Campaign
finance.yahoo.com - May 10 at 12:08 PM
marketwatch.com logoNetworkNewsWire Announces Publication on Stocks Focused on ... - MarketWatch
www.marketwatch.com - May 5 at 7:06 PM
finance.yahoo.com logoNetworkNewsWire Announces Publication on Stocks Focused on the Rising Trend of Integrated Payments
finance.yahoo.com - May 5 at 9:12 AM
wsj.com logoSquare Inc. Cuts Losses Faster Than Expected
www.wsj.com - May 3 at 5:49 PM
globenewswire.com logoKimball International, Inc. Reports Third Quarter Results — GAAP Net Income Increases 162% (Non-GAAP Increases 63%) on Sales Increase of 2%
globenewswire.com - May 3 at 5:49 PM
nasdaq.com logoMondelez International (MDLZ) Stock Up on Q1 Earnings & Revenue Beat
www.nasdaq.com - May 2 at 7:49 PM
americanbankingnews.com logoNet Element International (NETE) Earns News Impact Rating of 0.13
www.americanbankingnews.com - April 28 at 1:00 AM
finance.yahoo.com logoNet Element's PayOnline Expands its Suite of Services, Launches Online Instant Credit
finance.yahoo.com - April 26 at 6:28 PM
americanbankingnews.com logoNet Element International (NETE) Receiving Somewhat Favorable Media Coverage, Analysis Finds
www.americanbankingnews.com - April 22 at 12:17 AM
finance.yahoo.com logoSeeThruEquity Issues Company Update on Net Element
finance.yahoo.com - April 12 at 9:12 AM
americanbankingnews.com logoNet Element International Inc (NETE) to Post FY2017 Earnings of ($0.23) Per Share, Zacks Investment Research Forecasts
www.americanbankingnews.com - April 10 at 7:54 AM
finance.yahoo.com logoETFs with exposure to Net Element, Inc. : April 7, 2017
finance.yahoo.com - April 7 at 7:12 PM
americanbankingnews.com logoNet Element International Inc to Post Q1 2017 Earnings of ($0.09) Per Share, Zacks Investment Research Forecasts (NETE)
www.americanbankingnews.com - April 7 at 6:06 PM
finance.yahoo.com logoNet Element, Inc. :NETE-US: Earnings Analysis: Q4, 2016 By the Numbers : April 5, 2017
finance.yahoo.com - April 7 at 11:26 AM
finance.yahoo.com logoNet Element Launches Apple Pay Support in Russia
finance.yahoo.com - April 7 at 11:26 AM
finance.yahoo.com logoNet Element (NETE) Reports 2016 Revenue Growth of 35% and Decreases Losses
finance.yahoo.com - April 7 at 11:26 AM
finance.yahoo.com logoEdited Transcript of NETE earnings conference call or presentation 3-Apr-17 12:30pm GMT
finance.yahoo.com - April 3 at 11:10 PM
biz.yahoo.com logoNet Element Inc Earnings Call scheduled for 8:30 am ET today
biz.yahoo.com - April 3 at 6:07 PM
biz.yahoo.com logoNET ELEMENT, INC. Files SEC form 8-K, Results of Operations and Financial Condition
biz.yahoo.com - April 3 at 9:49 AM

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Chart

Net Element (NETE) Chart for Saturday, September, 23, 2017

This page was last updated on 9/23/2017 by MarketBeat.com Staff