Net Element Overview

  • Founded
  • 2004
Founded
  • Status
  • Public
  • Employees
  • 62
Employees
  • Stock Symbol
  • NETE
Stock Symbol
  • Investments
  • 17
  • Share Price
  • $10.84
  • (As of Friday Closing)

Net Element General Information

Description

Net Element Inc is a financial technology-driven group specializing in mobile payments and other transactional services in emerging countries and the United States. It operates through two segments. The North America Transaction Solutions segment provides technology and services to businesses that are required to accept cashless transactions, mobile payment services, merchant performance analytical tools, and merchant back office reporting; and the International Transaction Solutions segment provides online and mobile commerce solutions for merchants including social networks, game developers, online magazines, mobile applications and digital media operators. The company generates a majority of its revenue from the North America transaction solutions segment.

Contact Information

Formerly Known As
Tot Energy, Splinex Technology, Cazador Acquisition
Ownership Status
Publicly Held
Financing Status
Formerly VC-backed
Primary Industry
Financial Software
Other Industries
Application Software
Stock Exchange
NAS
Primary Office
  • 3363 North East 163rd Street
  • Suite 705
  • North Miami Beach, FL 33160
  • United States
+1 (305) 000-0000

Net Element Timeline

2018201920202021
Financing RoundFinancing RoundCaptured Employee CountEstimated Employee Growth
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Net Element Stock Performance

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$10.84 $9.31 $2.03 - $20.08 $56.5M 5.21M 390K -$1.34

Net Element Financials Summary

In Thousands,
USD
TTM 31-Dec-2020 FY 2020 31-Dec-2020 FY 2019 31-Dec-2019 FY 2018 31-Dec-2018
EV 75,969 75,969 21,004 24,983
Revenue 65,705 65,705 65,000 65,787
EBITDA (1,494) (1,494) (2,332) (1,721)
Net Income (5,941) (5,941) (6,458) (4,936)
Total Assets 26,827 26,827 23,039 25,764
Total Debt 10,745 10,745 9,633 6,379
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Net Element Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Net Element Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Net Element Inc is a financial technology-driven group specializing in mobile payments and other transactional services
Financial Software
North Miami Beach, FL
62 As of 2020
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San Francisco, CA
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00.000
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San Francisco, CA
0000 As of 0000
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Net Element Competitors (55)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Affirm Formerly VC-backed San Francisco, CA 0000 00.000 00000000 00.000
000000 Formerly VC-backed San Francisco, CA 0000 00000 0000 00000
000000 000000 Corporation San Diego, CA 00 000000000000
0000000000 Private Equity-Backed Santa Barbara, CA 00 00.00 000000 - 000
0000000000 Venture Capital-Backed Sao Paulo, Brazil 000 00000 00000000000 00000
You’re viewing 5 of 55 competitors. Get the full list »

Net Element Executive Team (16)

Name Title Board Seat Contact Info
Oleg Firer Chief Executive Officer & Chairman
Suresh Menon Chief Executive Officer, India, GCC and Africa
Marat Abasaliev Chief Executive Officer, PayOnline
Vlad Sadovskiy President Integrated Payments
Jeffrey Ginsberg Chief Financial Officer, Finance & Chief Accounting Officer, Accounting
You’re viewing 5 of 16 executive team members. Get the full list »

Net Element Board Members (10)

Name Representing Role Since
Jon Najarian Net Element Board Member 000 0000
Oleg Firer Net Element Chief Executive Officer & Chairman 000 0000
You’re viewing 2 of 10 board members. Get the full list »

Net Element Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Net Element Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Net Element Investments & Acquisitions (17)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
000000 00000000000 15-Jun-2020 0000000 000000 Automotive
00000 00000000 000 26-Dec-2018 000000000 00000 00 00.000 Buildings and Property 0000 000000000
0000000 0000000000 02-Oct-2018 00000 0000000 Specialized Finance
000000000 0000000 30-Jul-2018 000000000 00000 00 00.00 Buildings and Property
Paystar 21-Jul-2016 Merger/Acquisition Financial Software 0000 00000
You’re viewing 5 of 17 investments and acquisitions. Get the full list »

Net Element Subsidiaries (4)

Company Name Industry Location Founded
Paystar Financial Software Henderson, NV 2012
0000000 00000000 Holding Companies North Miami Beach, FL 0000
000000000 000000 Financial Software Moscow, Russia 0000
0000000000.000 Information Services (B2C) Miami, FL 0000
To view Net Element’s complete subsidiaries history, request access »

Net Element Exits (3)

Company Name Exit Date Exit Type Exit Size Status Buyers
000000000 01-Mar-2011 00000000 00000000 Completed
  • 000 0000000
000000 01-Feb-2011 000000000000000000 0000 Completed
  • 000 0000000
Openfilm 14-Dec-2010 Merger/Acquisition 00.00 Completed
To view Net Element’s complete exits history, request access »