About Net Element International (NASDAQ:NETE)
Net 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
Industry NONFOOD RETAIL/WH
Trailing P/E RatioN/A
Forward P/E RatioN/A
Sales & Book Value
Annual Sales$54.29 million
Price / Sales0.58
Price / CashN/A
Book Value$2.65 per share
Price / Book3.05
Return on Equity-205.76%
Return on Assets-26.59%
Net Element International (NASDAQ:NETE) Frequently Asked Questions
What is Net Element International's stock symbol?
Net Element International trades on the NASDAQ under the ticker symbol "NETE."
When did Net Element International's stock split? How did Net Element International's stock split work?
Shares of Net Element International reverse split on the morning of Thursday, October 5th 2017. The 1-10 reverse split was announced on Wednesday, October 4th 2017. The number of shares owned by shareholders was adjusted after the market closes on Wednesday, October 4th 2017. An investor that had 100 shares of Net Element International stock prior to the reverse split would have 10 shares after the split.
How were Net Element International's earnings last quarter?
Net Element International Inc (NASDAQ:NETE) released its quarterly earnings results on Tuesday, November, 14th. The company reported ($0.90) EPS for the quarter, missing the consensus estimate of ($0.56) by $0.34. The firm had revenue of $14.90 million for the quarter, compared to the consensus estimate of $16.60 million. Net Element International had a negative return on equity of 205.76% and a negative net margin of 14.44%. View Net Element International's Earnings History.
Who are some of Net Element International's key competitors?
Some companies that are related to Net Element International include EVINE Live (EVLV), XCel Brands (XELB), Bravo Brio Restaurant Group (BBRG), Stage Stores (SSI), Famous Dave's of America (DAVE), Christopher & Banks (CBK), Good Times Restaurants (GTIM), Diversified Restaurant (SAUC), Destination Maternity (DEST), Kona Grill (KONA), Noble Roman's (NROM), iPic Entertainment (IPIC), Chanticleer (BURG), Trxade Group (TRXD), Bon-Ton Stores (BONT), Ignite Restaurant Group (IRGTQ), Cosi (COSIQ) and G-Estate Liquidation Stores (GMANQ).
Has Net Element International been receiving favorable news coverage?
Press coverage about NETE stock has been trending somewhat positive on Friday, Accern Sentiment Analysis reports. The research group ranks the sentiment of media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Net Element International earned a coverage optimism score of 0.15 on Accern's scale. They also gave media coverage about the company an impact score of 45.79 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near term.
Who are Net Element International's major shareholders?
Which major investors are selling Net Element International stock?
Which major investors are buying Net Element International stock?
How do I buy shares of Net Element International?
Shares of NETE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Net Element International's stock price today?
One share of NETE stock can currently be purchased for approximately $8.09.
How big of a company is Net Element International?
Net Element International has a market capitalization of $33.14 million and generates $54.29 million in revenue each year. The company earns $-13,480,000.00 in net income (profit) each year or ($4.90) on an earnings per share basis. Net Element International employs 140 workers across the globe.
How can I contact Net Element International?
Net Element International's mailing address is 3363 NE 163RD STREET SUITE 705, NORTH MIAMI BEACH FL, 33160. The company can be reached via phone at 305-507-8808 or via email at [email protected]
MarketBeat Community Rating for Net Element International (NETE)MarketBeat's community ratings are surveys of what our community members think about Net Element International 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.
Net Element International (NASDAQ:NETE) Analyst Ratings History
No equities research coverage for this company has been tracked by MarketBeat
Net Element International (NASDAQ:NETE) Earnings History and Estimates Chart
Net Element International (NASDAQ NETE) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|11/14/2017||Q3 2017||($0.56)||($0.90)||$16.60 million||$14.90 million||View||N/A|
|8/14/2017||Q2 2017||($0.90)||($0.90)||$15.10 million||$16.14 million||View||N/A|
|5/15/2017||Q1 2017||($1.10)||$13.10 million||$13.56 million||View||N/A|
|4/1/2017||Q4 2016||($0.10)||$15.80 million||$15.32 million||View||N/A|
|11/14/2016||Q316||($0.80)||($2.50)||$12.68 million||$14.01 million||View||Listen|
|8/16/2016||Q2 2016||($2.70)||$12.10 million||$13.69 million||View||N/A|
|5/17/2016||Q1 2016||($2.00)||$13.90 million||$11.26 million||View||N/A|
|3/31/2016||Q4 2015||($5.00)||$13.00 million||$15.11 million||View||N/A|
|11/17/2015||Q3 2015||($5.00)||$8.30 million||$12.68 million||View||N/A|
|8/13/2015||Q2 2015||($8.00)||$5.90 million||$6.91 million||View||N/A|
|5/15/2015||Q115||($0.70)||($0.50)||$4.84 million||$5.54 million||View||N/A|
|3/31/2015||Q4 2014||$2.00||$7.00 million||$5.41 million||View||N/A|
|11/13/2014||Q3 2014||($0.30)||($1.60)||$7.00 million||$6.03 million||View||N/A|
|8/18/2014||Q2 2014||($6.00)||$4.91 million||View||N/A|
|5/15/2014||Q114||($1.10)||$0.90 million||$4.80 million||View||N/A|
|11/15/2013||Q3 2013||($11.00)||$6.52 million||View||N/A|
|8/20/2013||Q2 2013||($32.00)||$5.62 million||View||N/A|
|5/17/2013||Q1 13||($1.10)||$0.88 million||View||N/A|
Net Element International (NASDAQ:NETE) Earnings Estimates
Current Year EPS Consensus Estimate: $-4.3 EPS
Dividend History for Net Element International (NASDAQ:NETE)
No dividend announcements for this company have been tracked by MarketBeat.com
Net Element International (NASDAQ NETE) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 27.93%
Institutional Ownership Percentage: 3.71%
Net Element International (NASDAQ NETE) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|11/18/2015||William Healy||Director||Buy||244,720||$0.06||$14,683.20||1,056,706|| |
|6/23/2015||Jonathan New||CFO||Sell||34,552||$0.50||$17,276.00|| |
|6/18/2015||Jonathan New||CFO||Sell||45,448||$0.50||$22,724.00|| |
|4/13/2015||Nurlan Abdouv||Insider||Sell||2,518,688||$2.00||$5,037,376.00|| |
|4/2/2015||Anashkhan Gabbazova||Insider||Sell||1,500,000||$2.00||$3,000,000.00|| |
|9/22/2014||Mike Zoi||Major Shareholder||Sell||2,969,735||$3.33||$9,889,217.55|| |
|9/17/2014||Arco Group Llc||Major Shareholder||Sell||1,150,000||$3.64||$4,186,000.00|| |
|6/25/2014||James Caan||Director||Sell||12,077||$1.83||$22,100.91|| |
|2/21/2014||Dmitry Kozko||President||Sell||5,342||$3.65||$19,498.30|| |
|12/23/2013||Jonathan New||CFO||Sell||1,639||$2.57||$4,212.23|| |
|12/20/2013||Jonathan New||CFO||Sell||9,161||$2.50||$22,902.50|| |
|12/18/2013||Jonathan New||CFO||Sell||3,900||$2.38||$9,282.00|| |
|12/16/2013||Jonathan New||CFO||Sell||6,900||$2.24||$15,456.00|| |
|12/12/2013||Jonathan New||CFO||Sell||1,200||$2.23||$2,676.00|| |
|12/2/2013||Jonathan New||CFO||Sell||1,500||$2.51||$3,765.00|| |
|10/24/2012||Alberto Hernandez||COO||Buy||3,700||$6.58||$24,346.00|| |
Net Element International (NASDAQ NETE) News Headlines
Net Element International (NASDAQ:NETE) SEC Filings
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Net Element International (NASDAQ:NETE) Income Statement, Balance Sheet and Cash Flow Statement
Net Element International (NASDAQ NETE) Stock Chart for Friday, March, 23, 2018