Net Element, Inc. Capital expenditures

Capital expenditures of NETE for past 10 years: annual, quarterly and twelve month trailing (TTM) including Capital expenditures growth rates and interactive chart. Capital expenditures, commonly known as Capex, are funds used by a company to acquire, upgrade, and maintain physical or intangible assets such as property, buildings, an industrial plant, technology, software or equipment. Capex is often used to undertake new projects or investments by the firm. A company must invest over its lifetime into productive assets to maintain its competitiveness and ensure its survival.

Highlights and Quick Summary

  • Capital expenditures for the quarter ending March 30, 2021 was $419 Thousand (a -152.47% decrease compared to previous quarter)
  • Year-over-year quarterly Capital expenditures decreased by -1103.84%
  • Annual Capital expenditures for 2020 was $-1.38 Million (a 897.68% increase from previous year)
  • Annual Capital expenditures for 2019 was $-138 Thousand (a 20.1% increase from previous year)
  • Annual Capital expenditures for 2018 was $-115 Thousand (a 11.23% increase from previous year)
  • Twelve month Capital expenditures ending March 30, 2021 was $-964 Thousand (a -29.97% decrease compared to previous quarter)
  • Twelve month trailing Capital expenditures decreased by -427.29% year-over-year
Trailing Capital expenditures for the last four month:
30 Mar '21 30 Dec '20 29 Sep '20 29 Jun '20
$-964 Thousand $-1.38 Million $-253 Thousand $295 Thousand
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Historical Capital expenditures of Net Element, Inc.

Most recent Capital expendituresof NETE including historical data for past 10 years.

Interactive Chart of Capital expenditures of Net Element, Inc.

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

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2021 $0.42
2020 $-0.8 $-0.54 $-0.04 $0.01 $-1.38
2019 $0.33 $0.0 $-0.06 $-0.41 $-0.14
2018 $-0.11 $0.01 $-0.11
2017 $-0.1 $0.18 $0.0 $-0.1
2016 $-0.19 $-0.21 $-0.19
2015 $-0.1 $-0.42 $-0.06 $-0.01 $-0.58
2014 $-0.75 $-0.0 $0.1 $-0.1 $-0.75
2013 $0.02 $0.07 $-0.03 $0.0 $0.07
2012 $-0.17 $-0.14 $-0.06 $-0.02 $-0.39
2011 $-0.18
2010 $0.0

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.