Net Element, Inc. Operating Income

Operating Income of NETE for past 10 years: annual, quarterly and twelve month trailing (TTM) including Operating Income growth rates and interactive chart. Operating income is the amount of profit realized from a business's operations, after deducting operating expenses such as wages, depreciation, and cost of goods sold (COGS). Operating income–also called income from operations–takes a company's gross income, which is equivalent to total revenue minus COGS, and subtracts all operating expenses. A business's operating expenses are costs incurred from normal operating activities and include items such as office supplies and utilities. Operating income is measured before interest and tax expenses and is a good gauge of a company's operational profitability.

Highlights and Quick Summary

  • Operating Income for the quarter ending September 29, 2020 was $-1.9 Million (a 11302.4% increase compared to previous quarter)
  • Year-over-year quarterly Operating Income increased by 44.3%
  • Annual Operating Income for 2019 was $-5.59 Million (a 28.96% increase from previous year)
  • Annual Operating Income for 2018 was $-4.33 Million (a -49.62% decrease from previous year)
  • Annual Operating Income for 2017 was $-8.6 Million (a -2.72% decrease from previous year)
  • Twelve month Operating Income ending September 29, 2020 was $-4.28 Million (a 32.58% increase compared to previous quarter)
  • Twelve month trailing Operating Income decreased by -23.38% year-over-year
Trailing Operating Income for the last four month:
29 Sep '20 29 Jun '20 30 Mar '20 30 Dec '19
$-4.28 Million $-3.23 Million $-5.82 Million $-5.59 Million
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Historical Operating Income of Net Element, Inc.

Most recent Operating Incomeof NETE including historical data for past 10 years.

Interactive Chart of Operating Income of Net Element, Inc.

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

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2020 $-1.9 $-0.02 $-1.04
2019 $-1.32 $-0.85 $-2.61 $-0.8 $-5.59
2018 $-1.17 $-0.76 $-1.41 $-0.99 $-4.33
2017 $-3.72 $-1.27 $-1.34 $-2.26 $-8.6
2016 $-2.58 $-1.77 $-2.78 $-1.71 $-8.84
2015 $-3.93 $-1.93 $-2.5 $-2.16 $-10.52
2014 $-2.72 $-1.94 $-0.06 $-2.52 $-7.25
2013 $-20.11 $-2.39 $-19.62 $-2.63 $-44.75
2012 $-5.18 $-1.53 $-2.63 $-4.11 $-13.44
2011 $-24.8 $-0.12 $-0.04 $-0.11 $-25.06
2010 $-0.17

Business Profile of Net Element, Inc.

Sector: Technology
Industry: Software—Infrastructure
Net Element, Inc. 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 integrated payment technologies, point-of-sale solutions (POS), fraud management solutions, information solutions, and analytical tools. Its services include Unified Payments that provides integrated payment acceptance solutions, value-added POS, and business process management services; Unified m-POS, a mobile POS application that accepts payments; Aptito POS Platform, an integrated POS platform for the hospitality, retail, service, and on the go industries; Restoactive, a POS restaurant management platform; Zero Pay, a zero-fee payment acceptance program for SMB merchants; transactional services, mobile payment transactions, online payment transactions, and other payment technologies under the PayOnline name; Pay-Travel, an integrated payment processing solutions to the travel industry; and Netevia, a multi-channel payments and merchant management platform that delivers end-to-end payment processing through easy-to-use APIs. Net Element, Inc. offers its 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. was founded in 2004 and is based in North Miami Beach, Florida.