Net Element, Inc. Interest Expense (Operating)

Interest Expense (Operating) of NETE for past 10 years: annual, quarterly and twelve month trailing (TTM) including Interest Expense (Operating) growth rates and interactive chart.

Highlights and Quick Summary

  • Interest Expense (Operating) for the quarter ending March 30, 2021 was $356 Thousand (a -10.18% decrease compared to previous quarter)
  • Year-over-year quarterly Interest Expense (Operating) increased by 4.49%
  • Annual Interest Expense (Operating) for 2020 was $1.45 Million (a 30.03% increase from previous year)
  • Annual Interest Expense (Operating) for 2019 was $1.11 Million (a 31.31% increase from previous year)
  • Annual Interest Expense (Operating) for 2018 was $847 Thousand (a -28.78% decrease from previous year)
  • Twelve month Interest Expense (Operating) ending March 30, 2021 was $1.45 Million (a 0.55% increase compared to previous quarter)
Trailing Interest Expense (Operating) for the last four month:
30 Mar '21 30 Dec '20 29 Sep '20
$1.45 Million $1.45 Million $1.39 Million
Visit for comprehensive keystats, realtime prices, income statement, balance sheet, cash flow statement with 10 years of data, and state-of-the-art screener.

Historical Interest Expense (Operating) of Net Element, Inc.

Most recent Interest Expense (Operating)of NETE including historical data for past 10 years.

Interactive Chart of Interest Expense (Operating) of Net Element, Inc.

Net Element, Inc. Interest Expense (Operating) for the past 10 Years (both Annual and Quarterly)

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2021 $0.36
2020 $0.4 $0.36 $0.34 $0.35 $1.45
2019 $0.34 $1.11
2018 $0.85
2017 $1.19
2016 $1.46

Business Profile of Net Element, Inc.

Sector: Technology
Industry: Software—Infrastructure
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 value-added services and technologies, such as integrated payment technologies, point-of-sale (POS) solutions, fraud management solutions, information solutions, and analytical tools. It provides integrated payment acceptance solutions, value-added POS, and business process management services under the Unified Payments name; transactional services, mobile payment transactions, online payment transactions, and other payment technologies under the PayOnline name; and Pay-Travel, an integrated payment processing solutions to the travel industry. The company's products and services also include Aptito POS Platform, an integrated POS platform for the hospitality, retail, service, and on the go industries; Restoactive, a POS and restaurant management platform; Unified m-POS, a mobile POS application to accept payments; Zero Pay, a zero-fee payment acceptance program for small business merchants (SMB); Netevia, a multi-channel payments and merchant management platform; and Netevia Mastercard, a payment processing platform for SMB. Net Element, Inc. offers its products and services through retail and mobile merchants, as well as online. The company was formerly known as Net Element International, Inc. and changed its name to Net Element, Inc. in December 2013. Net Element, Inc. is based in North Miami Beach, Florida.