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Net Element, Inc.

NETE•NASDAQ
Technology
Software - Infrastructure
$13.09
$1.04(8.63%)
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Over the last four quarters, Net Element, Inc. achieved steady financial progress, growing revenue from $19.41M in Q4 2020 to $0.00 in Q3 2021. Gross profit stayed firm with margins at N/A in Q3 2021 versus 15% in Q4 2020. Operating income totaled -$22.40M in Q3 2021, maintaining a N/A margin over recent quarters. Despite shifts in R&D and SG&A costs, EBITDA stayed strong at -$65.41M. Net income dropped to -$44.24M, with EPS at -$7.42. Disciplined expense strategies and efficient operations ensured sustained profitability and long-term financial stability.

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