Net Element, Inc. (NETE)
Net Element, Inc. operates in the Software - Infrastructure industry of the Technology sector, headquartered in North Miami Beach, FL, US. The stock last traded at $13.09, up 8.63% on the session, giving a market capitalisation of $27.82B. On trailing twelve-month figures it carries a trailing P/E of -0.00, a net margin of 2272.6%. Its beta of 1.99 implies it has historically moved more than the broad market.
Net Element, Inc. delivers mobile payment services and various other transactional solutions. Headquartered in North Miami Beach, Florida, the company employs 88 full-time staff. This global entity specializes in transaction processing technology and value-added solutions. Its operations are divided into segments: North America Transaction Solutions, Mobile Solutions, Online Solutions, and Corporate Expenses & Eliminations. Through its subsidiaries, TOT Group Russia and Net Element Russia, the firm extends transactional, mobile payment, and online payment processing, as well as other payment technologies, across the Russian Federation, Commonwealth of Independent States, Europe, and Asia. The North America Transaction Solutions segment provides businesses with the necessary technology and services to accept cashless transactions. Digital Provider manages the Russian mobile and online payment processing segment. The Online Solutions segment, featuring PayOnline, offers a secure system for processing bank card payments for goods and services.
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