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Net Element, Inc. (NETE)

Stock Price: $12.08 USD 0.90 (8.05%)
Updated Mar 2, 2021 4:00 PM EST - Market closed
After-hours: $11.90 -0.18 (-1.49%) Mar 2, 7:59 PM
Market Cap 57.90M
Revenue (ttm) 62.94M
Net Income (ttm) -6.81M
Shares Out 4.50M
EPS (ttm) -1.62
PE Ratio n/a
Forward PE n/a
Dividend n/a
Dividend Yield n/a
Trading Day March 2
Last Price $12.08
Previous Close $11.18
Change ($) 0.90
Change (%) 8.05%
Day's Open 11.53
Day's Range 11.49 - 12.49
Day's Volume 721,574
52-Week Range 1.47 - 20.08

News

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Benzinga - 2 months ago

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 elec...

InvestorPlace - 2 months ago

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 Technol...

Accesswire - 2 months ago

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 / M...

GlobeNewsWire - 3 months ago

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 support...

GlobeNewsWire - 6 months ago

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

GlobeNewsWire - 6 months ago

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 suppor...

GlobeNewsWire - 6 months ago

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

PRNewsWire - 6 months ago

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 Ne...

GlobeNewsWire - 6 months ago

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 p...

Business Wire - 6 months ago

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 ...

PRNewsWire - 6 months ago

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.

GlobeNewsWire - 6 months ago

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 me...

InvestorPlace - 8 months ago

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

GlobeNewsWire - 9 months ago

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 s...

GlobeNewsWire - 10 months ago

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

GlobeNewsWire - 10 months ago

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

GlobeNewsWire - 11 months ago

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 supp...

GlobeNewsWire - 1 year ago

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

GlobeNewsWire - 1 year ago

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

GlobeNewsWire - 1 year ago

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

GlobeNewsWire - 1 year ago

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

GlobeNewsWire - 1 year ago

Tom Lineen Joins Net Element as Vice President of Strategic Initiatives

GlobeNewsWire - 1 year ago

John Wiegand Joins Net Element Board of Directors

GlobeNewsWire - 1 year ago

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 qu...

GlobeNewsWire - 1 year ago

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

Seeking Alpha - 1 year ago

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

Seeking Alpha - 1 year ago

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

About NETE

Net Element operates as a financial technology and value-added solutions company 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 value-added services and technologies, such as ... [Read more...]

Industry
Software-Infrastructure
Founded
2004
CEO
Oleg Firer
Employees
82
Stock Exchange
NASDAQ
Ticker Symbol
NETE
Full Company Profile

Financial Performance

In 2019, Net Element's revenue was $65.00 million, a decrease of -1.20% compared to the previous year's $65.79 million. Losses were -$6.46 million, 30.8% more than in 2018.

Financial Statements