NETE - Net Element, Inc.
NasdaqCM - NasdaqCM Real Time Price. Currency in USD
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Income Statement
Annual
| Revenue | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 |
| Total Revenue | 60,064.824 | 54,286.859 | 40,235.362 | 21,236.704 |
| Cost of Revenue | 51,237.212 | 45,708.241 | 33,977.215 | 15,925.924 |
| Gross Profit | 8,827.612 | 8,578.618 | 6,258.147 | 5,310.78 |
| Operating Expenses | ||||
| Research Development | - | - | - | - |
| Selling General and Administrative | 10,629.773 | 8,797.883 | 12,712.559 | 11,353.244 |
| Non Recurring | - | - | - | - |
| Others | - | - | - | - |
| Total Operating Expenses | 68,662.242 | 62,924.307 | 50,756.729 | 28,484.157 |
| Operating Income or Loss | -8,597.418 | -8,637.448 | -10,521.367 | -7,247.453 |
| Income from Continuing Operations | ||||
| Total Other Income/Expenses Net | -1,425.631 | -4,978.628 | -2,806.559 | -2,967.313 |
| Earnings Before Interest and Taxes | -8,597.418 | -8,637.448 | -10,521.367 | -7,247.453 |
| Interest Expense | -1,189.622 | -1,463.833 | -3,575.698 | -3,705.694 |
| Income Before Tax | -10,023.049 | -13,616.076 | -13,327.926 | -10,214.766 |
| Income Tax Expense | - | - | - | - |
| Minority Interest | -39.186 | 70.378 | 198.917 | 269.762 |
| Net Income From Continuing Ops | -10,023.049 | -13,616.076 | -13,327.926 | -10,214.766 |
| Non-recurring Events | ||||
| Discontinued Operations | - | - | - | - |
| Extraordinary Items | - | - | - | - |
| Effect Of Accounting Changes | - | - | - | - |
| Other Items | - | - | - | - |
| Net Income | ||||
| Net Income | -9,913.485 | -13,487.537 | -13,253.612 | -10,185.516 |
| Preferred Stock And Other Adjustments | - | - | - | - |
| Net Income Applicable To Common Shares | -9,913.485 | -13,487.537 | -14,838.704 | -10,185.516 |
