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Net Element

Nasdaq:NETE
Snowflake Description

Reasonable growth potential with imperfect balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
NETE
Nasdaq
$23M
Market Cap
  1. Home
  2. US
  3. Software
Company description

Net Element, Inc. operates as a financial technology and value-added solutions company. The last earnings update was 127 days ago. More info.


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  • Net Element has significant price volatility in the past 3 months.
NETE Share Price and Events
7 Day Returns
1.2%
NasdaqCM:NETE
2.4%
US Software
1.2%
US Market
1 Year Returns
-25.2%
NasdaqCM:NETE
25.6%
US Software
3%
US Market
NETE Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Net Element (NETE) 1.2% -6.2% 1.9% -25.2% -85.2% -98.2%
US Software 2.4% 5.5% 19.8% 25.6% 110.4% 139.4%
US Market 1.2% 2.1% 14.6% 3% 39% 43.5%
1 Year Return vs Industry and Market
  • NETE underperformed the Software industry which returned 25.6% over the past year.
  • NETE underperformed the Market in United States of America which returned 3% over the past year.
Price Volatility
NETE
Industry
5yr Volatility vs Market
Related Companies

NETE Value

 Is Net Element undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Net Element. This is due to cash flow or dividend data being unavailable. The share price is $6.05.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Net Element's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Net Element's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqCM:NETE PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in USD $-2.12
NasdaqCM:NETE Share Price ** NasdaqCM (2019-03-20) in USD $6.05
United States of America Software Industry PE Ratio Median Figure of 84 Publicly-Listed Software Companies 53.03x
United States of America Market PE Ratio Median Figure of 3,058 Publicly-Listed Companies 17.69x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Net Element.

NasdaqCM:NETE PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqCM:NETE Share Price ÷ EPS (both in USD)

= 6.05 ÷ -2.12

-2.85x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Net Element is loss making, we can't compare its value to the US Software industry average.
  • Net Element is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Net Element's expected growth come at a high price?
Raw Data
NasdaqCM:NETE PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -2.85x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
Not available
United States of America Software Industry PEG Ratio Median Figure of 66 Publicly-Listed Software Companies 3.6x
United States of America Market PEG Ratio Median Figure of 2,103 Publicly-Listed Companies 1.48x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Net Element, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Net Element's assets?
Raw Data
NasdaqCM:NETE PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in USD $2.62
NasdaqCM:NETE Share Price * NasdaqCM (2019-03-20) in USD $6.05
United States of America Software Industry PB Ratio Median Figure of 220 Publicly-Listed Software Companies 5.84x
United States of America Market PB Ratio Median Figure of 5,156 Publicly-Listed Companies 1.89x
NasdaqCM:NETE PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqCM:NETE Share Price ÷ Book Value per Share (both in USD)

= 6.05 ÷ 2.62

2.31x

* Primary Listing of Net Element.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Net Element is good value based on assets compared to the US Software industry average.
X
Value checks
We assess Net Element's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Software industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Software industry average (and greater than 0)? (1 check)
  5. Net Element has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

NETE Future Performance

 How is Net Element expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
68.4%
Expected annual growth in earnings per share.
Earnings growth vs Low Risk Savings
Is Net Element expected to grow at an attractive rate?
  • Net Element's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Net Element's earnings growth is expected to exceed the United States of America market average.
  • Net Element's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqCM:NETE Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqCM:NETE Future Earnings per Share Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 68.4%
NasdaqCM:NETE Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 10%
United States of America Software Industry Earnings Growth Rate Market Cap Weighted Average 16.1%
United States of America Software Industry Revenue Growth Rate Market Cap Weighted Average 10.9%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqCM:NETE Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqCM:NETE Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2019-12-31 74 1
2018-12-31 68 1
NasdaqCM:NETE Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-09-30 65 -6 -8
2018-06-30 63 -5 -8
2018-03-31 62 -5 -9
2017-12-31 60 -5 -10
2017-09-30 60 -5 -9
2017-06-30 59 -5 -10
2017-03-31 57 -3 -14
2016-12-31 54 -3 -13
2016-09-30 54 1 -16
2016-06-30 53 -1 -18
2016-03-31 46 -2 -14
2015-12-31 40 -2 -15

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Net Element's earnings are expected to grow significantly at over 20% yearly.
  • Net Element's revenue is expected to grow by 10% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqCM:NETE Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Net Element Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:NETE Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2019-12-31 -0.76 -0.76 -0.76 1.00
2018-12-31 -1.68 -1.68 -1.68 1.00
NasdaqCM:NETE Past Financials Data
Date (Data in USD Millions) EPS *
2018-09-30 -2.12
2018-06-30 -2.73
2018-03-31 -3.59
2017-12-31 -5.04
2017-09-30 -5.06
2017-06-30 -6.56
2017-03-31 -9.84
2016-12-31 -10.33
2016-09-30 -13.67
2016-06-30 -17.99
2016-03-31 -17.92
2015-12-31 -23.22

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Net Element will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Net Element's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Net Element has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

NETE Past Performance

  How has Net Element performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Net Element's growth in the last year to its industry (Software).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Net Element does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Net Element's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Net Element's 1-year growth to the US Software industry average as it is not currently profitable.
Earnings and Revenue History
Net Element's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Net Element Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:NETE Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 65.15 -7.51 13.83
2018-06-30 62.81 -8.30 13.64
2018-03-31 62.49 -9.04 13.83
2017-12-31 60.06 -9.91 14.89
2017-09-30 59.93 -8.65 13.68
2017-06-30 59.04 -10.42 14.21
2017-03-31 56.59 -14.13 14.76
2016-12-31 54.29 -13.49 13.75
2016-09-30 54.08 -15.84 15.42
2016-06-30 52.74 -17.50 15.25
2016-03-31 45.96 -14.45 14.32
2015-12-31 40.24 -14.84 14.27
2015-09-30 30.58 -12.64 12.39
2015-06-30 23.93 -12.47 11.81
2015-03-31 21.93 -8.83 9.60
2014-12-31 21.24 -10.19 10.20
2014-09-30 21.54 -28.18 25.79
2014-06-30 22.03 -26.37 26.15
2014-03-31 22.72 -47.70 28.63
2013-12-31 18.75 -46.97 28.17
2013-09-30 14.16 -32.07 14.28
2013-06-30 7.75 -28.83 11.89
2013-03-31 2.18 -11.43 10.85
2012-12-31 1.38 -13.09 12.09
2012-09-30 0.26 -8.33 8.34 -0.09
2012-06-30 0.19 -9.91 9.06 -0.05
2012-03-31 0.18 -9.06 8.12 -0.01

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Net Element has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Net Element has efficiently used its assets last year compared to the US Software industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Net Element improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Net Element's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Software industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Net Element has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

NETE Health

 How is Net Element's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Net Element's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Net Element's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Net Element's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Net Element's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 1.5x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Net Element Company Filings, last reported 5 months ago.

NasdaqCM:NETE Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 10.02 6.00 2.56
2018-06-30 10.81 6.47 6.54
2018-03-31 11.73 6.50 9.19
2017-12-31 13.14 7.02 11.29
2017-09-30 1.98 7.74 0.92
2017-06-30 1.98 7.64 1.27
2017-03-31 3.45 4.99 0.81
2016-12-31 4.06 4.60 0.62
2016-09-30 6.57 4.70 1.39
2016-06-30 6.98 4.43 0.63
2016-03-31 7.56 4.22 0.72
2015-12-31 9.04 4.17 1.03
2015-09-30 9.14 4.81 0.32
2015-06-30 11.28 4.24 0.68
2015-03-31 3.73 4.09 0.77
2014-12-31 5.49 3.39 0.50
2014-09-30 6.97 3.32 1.41
2014-06-30 -6.21 16.99 1.27
2014-03-31 -16.61 28.66 0.78
2013-12-31 -15.41 29.79 0.13
2013-09-30 -10.40 30.88 3.93
2013-06-30 -7.17 24.93 2.01
2013-03-31 13.30 8.90 2.03
2012-12-31 17.01 9.40 3.55
2012-09-30 -6.02 7.98 2.70
2012-06-30 -4.47 3.81 1.53
2012-03-31 -4.50 3.60 0.69
  • Net Element's level of debt (59.9%) compared to net worth is high (greater than 40%).
  • Net Element had negative shareholder equity 5 years ago, it is now positive therefore their debt level has improved.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Net Element has less than a year of cash runway based on current free cash flow.
  • Net Element has less than a year of cash runway if free cash flow continues to grow at historical rates of 37% each year.
X
Financial health checks
We assess Net Element's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Net Element has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

NETE Dividends

 What is Net Element's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Net Element dividends.
If you bought $2,000 of Net Element shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Net Element's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Net Element's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqCM:NETE Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
United States of America Software Industry Average Dividend Yield Market Cap Weighted Average of 24 Stocks 1.5%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2004 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqCM:NETE Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2019-12-31
2018-12-31

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Net Element has not reported any payouts.
  • Unable to verify if Net Element's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Net Element's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Net Element has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Net Element's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Net Element afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Net Element has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

NETE Management

 What is the CEO of Net Element's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Oleg Firer
COMPENSATION $2,070,748
AGE 41
TENURE AS CEO 5.9 years
CEO Bio

Mr. Oleg Firer has been Chief Executive Officer of Net Element, Inc. since April 16, 2013 and has also been its Director since April 16, 2013 and Executive Chairman since November, 2018. Mr. Firer served as the Managing Partner of GMS Worldwide, LLC since August 2003. He served as the Chief Executive Officer and President of Acies Corp. since July 2004 and also served as its Principal Accounting Officer. Mr. Firer served as the President of Acies Inc., (formerly, GM Merchant Solution, Inc) since August 2002 and served as its Chief Executive Officer. He served as Secretary of Acies Corp. since July 2004 and served as its Acting Chief Financial Officer. With an expansive knowledge of wireless communications, high speed internet and payment processing, Mr. Firer led operations of Acies Corp. from inception to profitability. He served as the Chief Financial Officer at Acies Corp. from July 2004 to May 6, 2005 and its Treasurer from July 2004 to May 4, 2006. From November 2002 to December 2003, he served as the Chief Operating Officer of Digital Wireless Universe, Inc. From December 2001 to November 2002, Mr. Firer served as the Managing Partner of Cellcellcell,llc. From March 1998 to December 2001, Mr. Firer served as Vice President of SpeedUS Corp. He has in the past includes experience as Senior Operations Manager, building presence and generating profitability in highly competitive markets. He also has proven achievements in new product launch, new market development and establishing market presence. He serves as a Director of InList since November 3, 2014 and Star Capital. He served as Chairman of Acies, Inc. He served as the Chairman of the Board of Acies Corp. since May 2005 and served as its Director. He serves as Chairman of Merchant Capital Holding Corp. Mr. Firer also serves as a member of Mobile Advisory Council for ETA. Mr. Firer served on the Advisory Board of CellularJuice, Inc. He served as an Executive Chairman of Unified Payments, LLC from January 2011 until its acquisition by the Company’s subsidiary, TOT Group, Inc., on April 16, 2013. Mr. Firer was recognized by Forbes as one of the 5 Incredible Enterpreneurs and by Business Leader Magazine as a Top Enterpreneur in South Florida, named by Poder Magazine as one of the Most Influential People in Miami and recognized by Inc. Magazine as the founder of the fastest-growing private company in 2012. He is a member of the Electronic Transactions Association (ETA) Mobile Payments, ISO Practices and Risk, Fraud & Security committees. Mr. Firer studied Computer Science at New York Technical College from 1993 to 1995. Mr. Firer attended Business Management Classes in Phoenix University in 2000.

CEO Compensation
  • Oleg's compensation has been consistent with company performance over the past year.
  • Oleg's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Net Element management team in years:

5
Average Tenure
53
Average Age
  • The average tenure for the Net Element management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Oleg Firer

TITLE
Executive Chairman & CEO
COMPENSATION
$2M
AGE
41
TENURE
5.9 yrs

Steven Wolberg

TITLE
Chief Legal Officer & Secretary
COMPENSATION
$543K
AGE
59
TENURE
5.9 yrs

Jeffrey Ginsberg

TITLE
CFO, VP of Finance & Controller
AGE
53
TENURE
0.7 yrs

Andrey Krotov

TITLE
Chief Technology Officer
TENURE
5 yrs

Giovanni Di Febo

TITLE
Head of Acquiring & Compliance

Shawn Brown

TITLE
Head of Risk Management

Alexander Borisov

TITLE
Head of Online Solutions

Vlad Sadovskiy

TITLE
Director of Trading Operations TOT Payments
TENURE
0.6 yrs
Board of Directors Tenure

Average tenure and age of the Net Element board of directors in years:

1
Average Tenure
59
Average Age
  • The average tenure for the Net Element board of directors is less than 3 years, this suggests a new board.
Board of Directors

Oleg Firer

TITLE
Executive Chairman & CEO
COMPENSATION
$2M
AGE
41
TENURE
0.3 yrs

Drew Freeman

TITLE
Director
COMPENSATION
$69K
AGE
60
TENURE
4.8 yrs

Howard Ash

TITLE
Director
COMPENSATION
$80K
AGE
59
TENURE
2.8 yrs

Jon Najarian

TITLE
Director
AGE
60
TENURE
1 yrs

Jonathan Fichman

TITLE
Director
AGE
46
TENURE
1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
05. Sep 18 Sell Howard Ash Individual 04. Sep 18 04. Sep 18 -4,895 $6.21 $-30,409
X
Management checks
We assess Net Element's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Net Element has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

NETE News

Simply Wall St News

How Financially Strong Is Net Element Inc (NASDAQ:NETE)?

While small-cap stocks, such as Net Element Inc (NASDAQ:NETE) with its market cap of US$27.62m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … Evaluating financial health as part of your investment thesis is

Simply Wall St -

Should You Buy Net Element Inc (NASDAQ:NETE) Now?

saw a decent share price growth in the teens level on the NasdaqCM over the last few months. … Less-covered, small caps sees more of an opportunity for mispricing due to the lack of information available to the public, which can be a good thing? … So, could the stock still be trading at a low price relative to its actual value.

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How Does Net Element Inc's (NASDAQ:NETE) Earnings Growth Stack Up Against Industry Performance?

Today I will assess NETE's recent performance announced on 31 March 2018 and evaluate these figures to its long-term trend and industry movements. … Did NETE beat its long-term earnings growth trend and its industry. … NETE is loss-making, with the most recent trailing twelve-month earnings of -US$9.04m (from 31 March 2018), which compared to last year has become.

Simply Wall St -

At $7.03, Is Net Element Inc (NASDAQ:NETE) A Buy?

The stock’s ratio of 2.31x is currently trading slightly below its industry peers’ ratio of 3.61x, which means if you buy Net Element today, you’d be paying a relatively reasonable price for it. … Will you have enough confidence to invest in the company should the price drop below its fair value? … However, the positive outlook is encouraging for NETE, which means it’s worth further examining other factors such as the strength of its balance sheet, in order to take advantage of the next price drop.

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Is Net Element Inc's (NASDAQ:NETE) Balance Sheet A Threat To Its Future?

Moving onto cash from operations, its operating cash flow is not yet significant enough to calculate a meaningful cash-to-debt ratio, indicating that operational efficiency is something we’d need to take a look at. … As the purpose of this article is a high-level overview, I won’t be looking at this today, but you can take a look at some of NETE’s operating efficiency ratios such as ROA here. … Running high debt, while not yet making money, can be risky in unexpected downturns as liquidity may dry up, making it hard to operate.Next Steps: NETE’s cash flow coverage indicates it could improve its operating efficiency in order to meet demand for debt repayments should unforeseen events arise.

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Has Net Element Inc (NASDAQ:NETE) Improved Earnings Growth In Recent Times?

Assessing Net Element Inc's (NASDAQ:NETE) past track record of performance is a valuable exercise for investors. … View our latest analysis for Net Element How NETE fared against its long-term earnings performance and its industry I look at the ‘latest twelve-month’ data, which annualizes the latest 6-month earnings release, or some times, the latest annual report is already the most recent financial data. … Each year, for the past half a decade Net Element's top-line has grown by 45.25% on average, implying that the company is in a high-growth phase with expenses shooting ahead of revenues, leading to annual losses.

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At $13.75, Is It Time To Buy Net Element Inc (NASDAQ:NETE)?

Since Net Element’s share price is quite volatile, this could mean it can sink lower (or rise even further) in the future, giving us another chance to invest. … Buying a great company with a robust outlook at a cheap price is always a good investment, so let’s also take a look at the company's future expectations. … If you believe Net Element should trade below its current price, selling high and buying it back up again when its price falls towards its real value can be profitable.

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Interested In Net Element Inc (NASDAQ:NETE)? Here's What Its Recent Track-Record Looks Like

When Net Element Inc (NASDAQ:NETE) announced its most recent earnings (30 September 2017), I compared it against two factor: its historical earnings track record, and the performance of its industry peers on average. … I like to use data from the most recent 12 months, which either annualizes the most recent 6-month earnings update, or in some cases, the most recent annual report is already the latest available financial data. … NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated3

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Are Net Element Inc's (NETE) Interest Costs Too High?

With this growth in debt, the current cash and short-term investment levels stands at $0.6M for investing into the business. … NETE’s high debt levels is not met with high cash flow coverage. … NETE's high debt levels along with poor cash coverage in addition to low liquidity coverage of short-term obligations may send potential investors running the other way.

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Net Element Inc (NETE): Risks You Need To Consider Before Buying

A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one. … With a market cap of USD $9.03M, NETE falls within the small-cap spectrum of stocks, which are found to experience higher relative risk compared to larger companies. … However, this is the opposite to what NETE’s actual beta value suggests, which is higher stock volatility relative to the market.

Simply Wall St -

NETE Company Info

Description

Net Element, Inc. operates as a financial technology and value-added solutions company. It operates in two segments, North American Transaction Solutions, and International Transaction Solutions. The company offers a range of payment acceptance and 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), security solutions, fraud management, information solutions, and analytical tools. Its services include Unified Payments, a payment acceptance solution; Unified m-POS, an easy-to-use mobile application for small and medium sized businesses (SMB); Aptito, a cloud-based POS platform for the hospitality industry and SMB merchants; Restoactive, a visual POS integration solution for restaurants; Zero Pay, a payment acceptance program for SMB merchants; PayOnline, an integrated e-commerce and mobile payments processing platform, and fraud management system; Pay–Travel, a payment processing solutions to the travel industry; Sales Central, a cloud-based solution to enhance responsiveness of indirect non-bank sales forces and sales efficiency; Netevia, which delivers end-to-end payment processing through easy-to-use APIs; and Digital Provider, an integrated direct-carrier and mobile operator solution for smaller content providers and merchants throughout selected international markets. It operates in North America, Russia, Europe, Asia, and the Commonwealth of Independent States. 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.

Details
Name: Net Element, Inc.
NETE
Exchange: NasdaqCM
Founded: 2004
$23,371,264
3,863,019
Website: http://www.netelement.com
Address: Net Element, Inc.
3363 NE 163rd Street,
Suite 705,
North Miami Beach,
Florida, 33160,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqCM NETE Common Stock Nasdaq Capital Market US USD 03. Oct 2012
DB 1N52 Common Stock Deutsche Boerse AG DE EUR 03. Oct 2012
Number of employees
Current staff
Staff numbers
97
Net Element employees.
Industry
Application Software
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/21 00:40
End of day share price update: 2019/03/20 00:00
Last estimates confirmation: 2018/11/15
Last earnings filing: 2018/11/14
Last earnings reported: 2018/09/30
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.