Net Element, Inc. (NETE) Stock Analysis
DELISTED 2021
What happened to Net Element, Inc. (NETE) stock?
Net Element, Inc. (NETE) no longer trades on public markets. It was delisted in November 2021. The figures below are historical and are not a current quote.
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Net Element, Inc. (NETE) trades at $13.09. Net Element, Inc. provides mobile payment and transactional services, operating through North America, Russia, and Online Solutions segments. Market cap: $27.8B, Sector: Technology.
Last analyzed: Mar 18, 2026Analyst Coverage for NETE: NETE does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates NETE against Technology peers across nine fundamental dimensions and assigns a neutral fundamental signal based on the underlying data.
NETE: 1/2 scored disciplines lean bearish. Dominant signal: Seth Klarman bearish.
How is this calculated? →Net Element, Inc. (NETE) Technology Profile & Competitive Position
Net Element, Inc. is a global transaction processing technology company focused on mobile and online payment solutions. The company operates through multiple segments, including North America, Russia, and Online Solutions, providing services for cashless transactions and payment processing across various regions and platforms.
What Is the Investment Thesis for NETE?
Net Element, Inc. presents a unique investment case within the transaction processing technology sector. The company's diverse operational segments, spanning North America, Russia, and Online Solutions, provide exposure to multiple growth markets. With a gross margin of 84038.6% and a profit margin of 1462300.1%, the company demonstrates significant profitability. Key value drivers include the expansion of its North America Transaction Solutions segment and the growth of its mobile and online payment processing capabilities in Russia and other international markets. However, investors should be aware of the high beta of 1.99, indicating higher volatility compared to the market. The company's success hinges on its ability to innovate and adapt to the rapidly evolving payment technology landscape. The absence of a dividend yield may deter some investors seeking immediate income.
Based on FMP financials and quantitative analysis
NETE Key Highlights
Market capitalization of $27.8B reflects investor valuation of the company's future growth potential.
- Profit margin of 1462300.1% indicates high profitability from core operations.
- Gross margin of 84038.6% demonstrates efficient cost management in service delivery.
- Beta of 1.99 suggests higher volatility compared to the overall market.
- Operations in North America, Russia, and Asia provide diversification across different economic regions.
Who Are NETE's Competitors?
NETE is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| ALTR Altair Engineering Inc. | $111.85 | +0.00% | $9.63B | 57 |
| ANSS ANSYS, Inc. | $374.30 | -4.69% | $32.9B | 57 |
| AZPN Aspen Technology, Inc. | $264.33 | +0.00% | $16.7B | 49 |
| CAJ Canon Inc. | $21.63 | +0.00% | $22.0B | 50 |
| COHR Coherent, Inc. | $284.80 | -0.93% | $55.7B | 39 |
| CPAY Corpay, Inc. | $407.08 | +0.06% | $26.6B | 64 |
| OKTA Okta, Inc. | $136.80 | -3.12% | $22.7B | 83 |
| IOT Samsara Inc. | $38.98 | -0.56% | $22.5B | 75 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are NETE's Key Strengths?
Diverse service offerings across multiple segments.
- Established presence in the Russian market.
- Proprietary payment processing technology.
- High profit margin.
What Are NETE's Weaknesses?
High beta indicating higher volatility.
- Reliance on specific geographic markets.
- Limited information available on specific technology advantages.
- Relatively small number of employees.
What Could Drive NETE Stock Higher?
Potential partnerships with major retailers to integrate payment solutions.
- Expansion of mobile payment services in emerging markets.
- Launch of new blockchain-based payment technologies.
- Increasing adoption of cashless transactions globally.
What Are the Key Risks for NETE?
Weak fundamentals — a Piotroski F-Score of 3/9 flags soft profitability, leverage or efficiency.
- Insider selling — insiders were net sellers of roughly $1.1M recently.
- Intense competition from established payment processing companies.
- Rapid technological advancements rendering current solutions obsolete.
- Economic and political instability in certain regions affecting operations.
- Changes in regulatory landscape impacting payment processing services.
- High beta indicating higher stock price volatility.
What Are the Growth Opportunities for NETE?
- Expansion of North America Transaction Solutions: The North America Transaction Solutions segment offers significant growth potential as businesses increasingly adopt cashless transaction technologies. By expanding its service offerings and targeting new customer segments, Net Element can capitalize on the growing demand for secure and efficient payment solutions in the North American market. This expansion could involve partnerships with retailers and other businesses to integrate Net Element's payment processing systems, driving revenue growth and market share. The timeline for significant expansion is estimated at 2-3 years.
- Growth in Russian Mobile and Online Payment Processing: The Russian mobile and online payment processing segment, including Digital Provider, presents opportunities for growth in the rapidly evolving digital payment landscape of the Russian Federation and surrounding regions. By leveraging its existing infrastructure and expertise, Net Element can further penetrate the market and capture a larger share of the growing demand for mobile and online payment solutions. This growth can be accelerated through strategic partnerships and targeted marketing efforts. The timeline for this growth is estimated at 1-2 years.
- Development of Innovative Payment Technologies: Investing in the development of innovative payment technologies, such as blockchain-based solutions and contactless payment systems, can provide Net Element with a competitive edge in the market. By staying ahead of the curve and offering cutting-edge solutions, the company can attract new customers and retain existing ones. This includes exploring new authentication methods and security protocols to enhance transaction security and user experience. The timeline for developing and implementing these technologies is estimated at 3-5 years.
- Strategic Partnerships and Acquisitions: Pursuing strategic partnerships and acquisitions can enable Net Element to expand its market reach, enhance its service offerings, and gain access to new technologies and expertise. By partnering with complementary businesses and acquiring companies with innovative solutions, Net Element can accelerate its growth and strengthen its competitive position in the market. Potential targets include companies specializing in fraud detection, data analytics, and customer loyalty programs. The timeline for identifying and executing these partnerships and acquisitions is ongoing.
- Expansion into New Geographic Markets: Expanding into new geographic markets, particularly in emerging economies with high growth potential, can provide Net Element with significant growth opportunities. By leveraging its existing expertise and adapting its solutions to meet the specific needs of these markets, the company can tap into new revenue streams and diversify its geographic footprint. This expansion could involve establishing local partnerships and tailoring its marketing efforts to resonate with local customers. The timeline for this expansion is estimated at 3-5 years.
What Are NETE's Competitive Advantages?
- Established presence in the Russian payment processing market.
- Proprietary payment processing technology.
- Diverse service offerings across multiple segments.
What Does NETE Do?
Net Element, Inc., headquartered in North Miami Beach, Florida, is a global transaction processing technology and value-added solutions company. Founded with the vision of providing seamless and secure payment solutions, the company has evolved into a multifaceted provider of transactional services, mobile payment technologies, and online payment processing systems. The company operates through several segments: North America Transaction Solutions, Mobile Solutions, Online Solutions, and Corporate Expenses & Eliminations. The North America Transaction Solutions segment offers technologies and services that enable businesses to accept cashless transactions. Through its TOT Group Russia and Net Element Russia divisions, the company delivers transactional services, mobile payment transactions, online payment transactions, and other payment technologies in the Russian Federation, the Commonwealth of Independent States, Europe, and Asia. The Online Solutions segment features PayOnline, a protected payment processing system designed for accepting bank card payments for goods and services. Net Element's comprehensive suite of services aims to streamline payment processes for businesses across diverse markets, leveraging technology to enhance transaction efficiency and security. The company employs 62 individuals.
What Products and Services Does NETE Offer?
- Provides technology for cashless transactions.
- Offers mobile payment transaction services.
- Facilitates online payment transactions.
- Delivers payment technologies in Russia, CIS, Europe, and Asia.
- Operates a protected payment processing system (PayOnline).
- Provides value-added solutions for transaction processing.
How Does NETE Make Money?
- Generates revenue through transaction processing fees.
- Offers technology solutions for businesses to accept cashless payments.
- Provides mobile and online payment processing services in various regions.
What Industry Does NETE Operate In?
Net Element, Inc. operates in the competitive software infrastructure industry, which is characterized by rapid technological advancements and evolving consumer preferences. The global transaction processing market is expected to continue growing, driven by the increasing adoption of digital payment methods and the expansion of e-commerce. Key competitors include companies like ALTR, ANSS, AZPN, CAJ, and COHR, which offer various software and technology solutions. Net Element's focus on mobile and online payment processing positions it to capitalize on the growing demand for secure and efficient digital transaction services.
Who Are NETE's Key Customers?
- Businesses requiring cashless transaction solutions.
- Merchants seeking mobile payment processing services.
- Online businesses needing secure payment gateways.
Company Profile
Net Element, Inc. operates in the Software - Infrastructure industry within the Technology sector. It is headquartered in North Miami Beach, US. The company is led by CEO Oleg Firer. NETE has traded publicly since 2012.
How Net Element, Inc. Is Valued
Net Element, Inc. carries a market capitalization of $27.8B, placing it in the large-cap category.
Key Financial Metrics
Return on equity for Net Element, Inc. stands at 334.4%, a gauge of how efficiently it converts shareholder capital into profit. Its free cash flow yield is -0.3%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.23 means current liabilities exceed short-term assets, a liquidity point worth watching.
Financial Health
Net Element, Inc.'s Piotroski F-Score is 3/9, a 9-point checklist of profitability, leverage and efficiency — flagging fundamental weakness worth scrutiny.
Insider Activity
The most recent 12 insider filings for Net Element, Inc. break down as 6 sales and 6 purchases. On net that is roughly 158K shares acquired (about $1.1M) — insiders putting money in tends to read as conviction.
NETE Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis
Bull Case vs Bear Case
Bull Case
- Diverse service offerings across multiple segments.
- Established presence in the Russian market.
- Proprietary payment processing technology.
- High profit margin.
Bear Case
- High beta indicating higher volatility.
- Reliance on specific geographic markets.
- Limited information available on specific technology advantages.
- Relatively small number of employees.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · August 2026
NETE Latest News
No recent news available for NETE.
Leadership: Oleg Firer
CEO
Oleg Firer serves as the CEO of Net Element, Inc. His background includes extensive experience in the technology and financial services sectors. Prior to joining Net Element, Firer held various leadership positions in companies focused on payment processing and digital commerce. His expertise spans strategic planning, business development, and operational management. Firer's experience in navigating complex regulatory environments and driving innovation has been instrumental in shaping Net Element's growth strategy.
Track Record: Under Oleg Firer's leadership, Net Element, Inc. has expanded its presence in key markets and diversified its service offerings. He has overseen the development and implementation of new payment technologies, driving revenue growth and enhancing the company's competitive position. Firer has also focused on building strategic partnerships and acquisitions to accelerate the company's expansion and strengthen its market leadership.
Common Questions About NETE (Technology)
What happened to Net Element, Inc. (NETE) stock?
Net Element, Inc. (NETE) no longer trades on public markets. It was delisted in November 2021. The figures below are historical and are not a current quote.
Can I still buy NETE shares?
No. NETE stopped trading on public markets in November 2021, so the shares are not available through a broker. Anything you see quoted for NETE elsewhere is historical data, not a live market.
Are the figures on this page current?
No. Every number here is the last value recorded before NETE stopped trading. Nothing on this page updates, and none of it is a current quote.
Why does this page still exist?
Because people still search for what happened to Net Element, Inc.. An archived profile that states the delisting plainly is more useful than a dead link — provided it is labelled as history, which is what this page does.
What does Net Element, Inc. do?
Net Element, Inc. is a global transaction processing technology and value-added solutions company. It provides technology and services that enable businesses to accept cashless transactions. The company operates through segments including North America Transaction Solutions, Mobile Solutions, and Online Solutions.
What are the main risks for NETE?
Net Element, Inc. faces several risks inherent to the technology and payment processing industries. Intense competition from larger, more established companies poses a significant threat. Rapid technological advancements could render the company's current solutions obsolete, requiring continuous innovation and investment. Economic and political instability in regions where the company operates, particularly Russia and surrounding areas, could negatively impact its business.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Information is based on available company data and may be subject to change.
- AI analysis is pending and may provide further insights.