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Net Element, Inc. (NETE)

Stock Price: $9.45 USD -0.34 (-3.47%)
Updated May 10, 2021 4:00 PM EDT - Market closed
Market Cap 48.96M
Revenue (ttm) 65.71M
Net Income (ttm) -5.94M
Shares Out 4.42M
EPS (ttm) -1.34
PE Ratio n/a
Forward PE n/a
Dividend n/a
Dividend Yield n/a
Trading Day May 10
Last Price $9.45
Previous Close $9.79
Change ($) -0.34
Change (%) -3.47%
Day's Open 9.97
Day's Range 9.40 - 9.97
Day's Volume 72,853
52-Week Range 2.03 - 20.08

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MIAMI, March 31, 2021 (GLOBE NEWSWIRE) -- via InvestorWire -- Net Element, Inc. (NASDAQ:NETE) (“Net Element” or the “Company”), today reports its financial results for the calendar year ended December 3...

1 month ago - GlobeNewsWire

Memphis, Tennessee, to Become US Manufacturing Hub for Mullen's EVs Memphis, Tennessee, to Become US Manufacturing Hub for Mullen's EVs

1 month ago - GlobeNewsWire

CEO updates shareholders on pending merger with Mullen Technologies CEO updates shareholders on pending merger with Mullen Technologies

1 month ago - GlobeNewsWire

BREA, CA / ACCESSWIRE / March 11, 2021 / Mullen Technologies Inc. ("Mullen" or the "Company"), an emerging electric vehicle ("EV") manufacturer, which previously announced a definitive agreement to merg...

1 month ago - Accesswire

BREA, CA / ACCESSWIRE / March 11, 2021 / Mullen Technologies Inc. ("Mullen" or the "Company"), an emerging electric vehicle ("EV") manufacturer, which previously announced a definitive agreement to merg...

1 month ago - Accesswire

Lithium sulfur batteries offer significant weight and cost advantages over industry incumbent lithium-ion; NexTech's superior high voltage battery packs are projected to be 60% lighter and promise to im...

2 months ago - Accesswire

Americans might see a new, sleek electric car humming down the roads in the coming years.  Miami-based tech company Net Element (NASDAQ: NETE) is joining with Mullen Technologies, a newer electric car m...

4 months ago - Benzinga

Net Element (NETE) is seeing shares of NETE stock soar higher on Wednesday following some positive news from Mullen Technologies. The post Net Element Alert: NETE Stock Soars on Mullen Technologies News...

4 months ago - InvestorPlace

Letter of Intent to serve as basis for definitive agreements for an initial purchase order of 1,500 MX-05s and up to and additional 8,500 by 2025. BREA, CA / ACCESSWIRE / December 30, 2020 / Mullen Tech...

4 months ago - Accesswire

MIAMI, Nov. 16, 2020 (GLOBE NEWSWIRE) -- via InvestorWire – N et Element, Inc. (NASDAQ: NETE) (“Net Element” or the “Company”), a global technology and value-added solutions group that supports electron...

5 months ago - GlobeNewsWire

CEO updates shareholders on pending merger with Mullen Technologies CEO updates shareholders on pending merger with Mullen Technologies

8 months ago - GlobeNewsWire

MIAMI, Aug. 13, 2020 (GLOBE NEWSWIRE) -- via NetworkWire -- Net Element, Inc. (NASDAQ: NETE) (“Net Element” or the “Company”), a global technology and value-added solutions group that supports electro...

8 months ago - GlobeNewsWire

New York, Aug. 13, 2020 (GLOBE NEWSWIRE) -- NetworkNewsWire (“NNW”) announces the availability of a broadcast titled, “Investors Pile into the Accelerating Electric Vehicle Market.”

8 months ago - GlobeNewsWire

NEW YORK, Aug. 12, 2020 /PRNewswire/ -- Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm headquartered at the Empire State Building in New York Cit...

8 months ago - PRNewsWire

New York, Aug. 12, 2020 (GLOBE NEWSWIRE) -- NetworkNewsWire ("NNW"), one of 50+ brands within the InvestorBrandNetwork (“IBN”), a multifaceted financial news and publishing company for private and...

8 months ago - GlobeNewsWire

NEW YORK--(BUSINESS WIRE)-- #Acquisition--Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, has launched an investigation into whether the board members of Net Element, Inc.

9 months ago - Business Wire

NEW YORK, Aug. 5, 2020 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Net Element, Inc.

9 months ago - PRNewsWire

MIAMI, Aug. 05, 2020 (GLOBE NEWSWIRE) -- via NetworkWire -- Net Element, Inc. (NASDAQ: NETE ) (“Net Element” or the “Company”) today announced the execution of a definitive agreement to merge with p...

9 months ago - GlobeNewsWire

Electric vehicle (EV) news for Monday includes a merger agreement between car company Mullen Technologies and Net Element (NETE).

10 months ago - InvestorPlace

MIAMI, FL, May 06, 2020 (GLOBE NEWSWIRE) --  via NEWMEDIAWIRE -- Net Element, Inc. (NASDAQ: NETE) (“Net Element” or the “Company”), a global technology and value-added solutions group that supports el...

1 year ago - GlobeNewsWire

To assist restaurants during the COVID-19 pandemic Aptito is offering complimentary website design and hosting for fully integrated online and mobile orders until September 2020

1 year ago - GlobeNewsWire

The partnership will benefit thousands of merchants through the newly approved CARES act benefits and generate a new source of revenue for the Company

1 year ago - GlobeNewsWire

MIAMI, March 30, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Net Element, Inc. (NASDAQ: NETE) (“Net Element” or the “Company”), a global technology and value-added solutions group that supports elect...

1 year ago - GlobeNewsWire

The Fast-growing Global Online Food Delivery Industry is Expected to Grow to $200 Billion by 2025

1 year ago - GlobeNewsWire

Netevia HQ empowers small and regional banks to provide merchant acquiring and innovative payment services to attract Fintech startups

1 year ago - GlobeNewsWire

Card-linked loyalty rewards program increases merchant’s conversion rates and revenues

1 year ago - GlobeNewsWire

Processing volumes for proprietary value-added solutions increased 140% during the first nine months of 2019 over the same period last year 

1 year ago - GlobeNewsWire

Tom Lineen Joins Net Element as Vice President of Strategic Initiatives

1 year ago - GlobeNewsWire

John Wiegand Joins Net Element Board of Directors

1 year ago - GlobeNewsWire

International Transaction Solutions segment shows significant improvement going into the second half of 2019: Revenues for the third quarter are projected to increase by 40% over the second quarter

1 year ago - GlobeNewsWire

Unified Payments powers IoT payments for VIP Systems’ on-demand property management platform 

1 year ago - GlobeNewsWire

Net Element's (NETE) CEO Oleg Firer on Q1 2019 Results - Earnings Call Transcript

1 year ago - Seeking Alpha

Net Element International Inc. (NETE) CEO Oleg Firer on Q4 2018 Results - Earnings Call Transcript

2 years ago - Seeking Alpha

About NETE

Net Element, Inc., a financial technology company, provides payment acceptance and value-added solutions across various channels in North America, Russia, and the Commonwealth of Independent States. It operates in two segments, North American Transaction Solutions and International Transaction Solutions. The company offers a range of payment acceptance and transaction processing services that enable merchants of various sizes to accept and process approximately 100 payment options, including credit, debit, prepaid, and alternative payments; and... [Read more...]

Industry
Software-Infrastructure
Founded
2004
CEO
Oleg Firer
Employees
62
Stock Exchange
NASDAQ
Ticker Symbol
NETE
Full Company Profile

Financial Performance

In 2020, Net Element's revenue was $65.71 million, an increase of 1.09% compared to the previous year's $65.00 million. Losses were -$5.94 million, -8.00% less than in 2019.

Financial Statements