| Previous Close | 5.82 |
| Open | 5.77 |
| Bid | 5.71 x 1300 |
| Ask | 6.09 x 1800 |
| Day's Range | 5.70 - 5.82 |
| 52 Week Range | 3.75 - 10.60 |
| Volume | 27,927 |
| Avg. Volume | 70,803 |
| Market Cap | 22.019M |
| Beta (3Y Monthly) | 1.13 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -1.28 |
| Earnings Date | Aug 14, 2017 - Aug 18, 2017 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 90.70 |
Full Year 2018 Net Element Inc Earnings Call
In 2018, Net Element (NETE) continued to make progress toward its 2019 goal of cash flow breakeven, followed by profitability. On a non-GAAP basis, the net loss was $3.8 million in 2018 compared to a loss of $7.0 million in 2017. Each year the losses have been declining and we expect with revenue growth, economies of scale, and the company’s efforts in improving margins, 2019 operations will again cut those losses.
MIAMI, April 01, 2019 -- Net Element, Inc. (NASDAQ: NETE) (“Net Element” or the “Company”), a global technology and value-added solutions group that supports electronic.
New York, New York--(Newsfile Corp. - March 22, 2019) - Net Element (NASDAQ: NETE) announces the availability of a NetworkNewsAudio publication titled, "Payment Processing Companies Grow Through Applied Innovation."To hear the NetworkNewsWire Audio version, visit: http://nnw.fm/G8pENTo read the full editorial, visit: http://nnw.fm/irb0OAn example of Net Element's flexibility and agility is how it serves the U.S. events industry. Currently, this sector is worth hundreds of billions of dollars and employs millions of people. Large events ...
For example, Net Element’s mobile payments solution effectively turns mobile phones into point-of-sale devices through Unified mPOS, its Unified Payments subsidiary. The company also covers point-of-sale systems through subsidiaries such as Aptito and Restoactive, online payments through PayOnline, and end-to-end solutions through Tot Group, allowing it to profit from all areas of electronic payments. Net Element has shown how this can work by catering to specific industries.
Investorideas.com, a leading investor news resource covering tech and cannabis stocks releases a snapshot looking at the continued growth of payment solutions in the cannabis industry and how participating companies are preparing for the future as regulations change. “As of 2017 only around 300 of the 11,000 operational banks in the U.S. will comply with legal marijuana companies or vendors.” The article goes on to discuss the downsides caused by this lack of financial access, such as security (for cash only dispensaries), regulation issues (payment solutions companies unfamiliar with the legal landscape) and customer access (an inability to expand or increase online sales due to lack of accepted payment options).
NEW YORK, March 21, 2019 (GLOBE NEWSWIRE) -- via NetworkWire — Net Element (NETE) today announces its placement in an editorial published by NetworkNewsWire ("NNW"), a multifaceted financial news and publishing company for private and public entities. At the turn of the millennium, payment processing was almost entirely driven by banks and the small number of companies supporting them.
Achievement signifies Unified Payments’ commitment to excellence in financial services MIAMI, FL, Feb. 27, 2019 -- via NEWMEDIAWIRE -- Net Element, Inc. (NASDAQ: NETE) (“Net.
CEO Oleg Firer highlights milestones in 2018 and focus for the year ahead MIAMI, FL, Feb. 07, 2019 -- via NEWMEDIAWIRE -- Net Element, Inc. (NASDAQ: NETE) (“Net Element”.
MIAMI, FL, Jan. 29, 2019 -- via NEWMEDIAWIRE -- Net Element, Inc. (NASDAQ: NETE) (“Net Element” or the “Company”), a global technology and value-added solutions group that.
MIAMI, FL, Jan. 22, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Net Element, Inc. (NASDAQ: NETE) (“Net Element” or the “Company”), a global technology and value-added solutions group that supports electronic payments acceptance in a multi-channel environment including point-of-sale (“POS”), today announced the launch of Netevia In-App Payments Software Development Kit (SDK) for Internet of Things (“IoT”) devices, enabling application developers and hardware manufacturers to process payments within their consumer-facing applications. IoT creates a network of devices that interact over the internet and can be remotely monitored and/or controlled.
Cryptocurrency Payment Features are Available to Merchants Across Multiple Touch Points MIAMI, FL, Jan. 02, 2019 -- via NEWMEDIAWIRE – Net Element, Inc..
MIAMI, FL, Dec. 27, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Net Element, Inc. (NASDAQ: NETE) (“Net Element” or the “Company”), a global technology and value-added solutions group that supports electronic payments acceptance in a multi-channel environment including point-of-sale (“POS”), e-commerce and mobile devices, announced today it has acquired certain transactional services portfolio (cash flow) assets from Argus Merchant Services, LLC (“Argus”) and Treasury Payments, LLC (“Treasury”).
Netevia Light POS Application is now Available on PAX Technology Smart Terminals MIAMI, FL, Dec. 11, 2018 -- via NEWMEDIAWIRE – Net Element, Inc. (NASDAQ: NETE) (“Net.
NEW YORK, Dec. 04, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
MIAMI, FL, Dec. 03, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Net Element, Inc. (NASDAQ: NETE) (“Net Element” or the “Company”), a global technology and value-added solutions group that supports electronic payments acceptance in a multi-channel environment including point-of-sale (“POS”), e-commerce, and mobile devices, today announced that it won two categories at ACQ5 Global Awards 2018 and that its CEO Oleg Firer was named “Gamechanger of the Year”. The ACQ5 Global Awards celebrate the achievement, innovation, and brilliance of outstanding organizations and individuals across the globe.
As Canada prepared for full legalization of weed and the cannabis industry in the United States was booming, more businesses joined the industry either as startups or as established companies that changed or diversified their business models. For publicly traded companies, announcing entry into marijuana industry was a boon for their share price, especially for small- and micro-cap stocks. Given the popularity of the industry, investors quickly piled into the companies as they entered the fast-growing marijuana industry, much like in the second half of 2017 when companies pivoted to blockchain and bitcoin.
Q3 2018 Net Element Inc Earnings Call
MIAMI, FL, Nov. 16, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Net Element, Inc. (NASDAQ: NETE) (“Net Element” or the “Company”), a global technology and value-added solutions group that supports electronic payments acceptance in a multi-channel environment including point-of-sale (“POS”), e-commerce and mobile devices, today announced that it ranked on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing companies in North America. Net Element grew 183% percent during this period.
Net Element (NETE) continues to make progress growing revenues and reducing losses. Certainly the recent acquisition of JetPay at 2.9 times sales was a clear indication that a profitable processing business is valuable in the M&A market and highlights how undervalued Net Element is. With organic growth and new products such as third party processing for banks in Russia and a new cannabidiol vertical market offering, there could be added opportunity to accelerate revenues in 2019.
Net revenues increased 19% for the quarter as compared to the prior year, loss per share narrows significantly over the same period last year MIAMI, Nov. 14, 2018 -- Net.
NEW YORK, Nov. 13, 2018 (GLOBE NEWSWIRE) -- via CannabisNewsWire -- CannabisNewsWire, a cannabis-focused wire, news and content distribution syndicate, announces the Video Press Release (VPR) titled "Payment Solutions Among Innovations in the Fast-Growing Cannabis Industry," featuring Net Element, Inc. (NETE). Fortunately, companies such as Net Element are positioning themselves to provide exactly what this underserved industry is looking for. VPR is a brand-new product offered by CannabisNewsWire to present press releases in an exciting video format.
NEW YORK, Nov. 07, 2018 (GLOBE NEWSWIRE) -- via CannabisNewsWire – CannabisNewsAudio announces the Audio Press Release (APR) titled “Payment Solutions Among Innovations in the Fast-Growing Cannabis Industry,” featuring Net Element, Inc. (NETE). While the majority of states now allow the legal sale of some form of cannabis or its derivatives within their boundaries, cannabis providers may still find it challenging to find payment options that allow mobile payments, offer value-added transactions, and are easy for both the business and the end user. Fortunately, companies such as Net Element are positioning themselves to provide exactly what this underserved industry is looking for.
New York , New York--(Newsfile Corp. - November 7, 2018) - CannabisNewsAudio announces the Audio Press Release (APR) titled "Payment Solutions Among Innovations in the Fast-Growing Cannabis Industry," featuring Net Element, Inc. (NASDAQ: NETE).To hear the CannabisNewsAudio version, visit: http://cnw.fm/3YB3qTo read the full editorial, visit: http://cnw.fm/8NlgMIt's a good time for companies to expand their reach in the cannabis market, as Net Element is doing. The industry is experiencing a period of huge growth. According ...