NETE
Income statement / Annual
Last year (2020), Net Element, Inc.'s total revenue was $65.71 M,
an increase of 1.09% from the previous year.
In 2020, Net Element, Inc.'s net income was -$5.98 M.
See Net Element, Inc.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
FY-2013
|
FY-2012
|
FY-2011
|
| Period Ended |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
12/31/2013 |
12/31/2012 |
12/31/2011 |
| Operating Revenue |
$65.71 M
|
$65.00 M
|
$65.79 M
|
$60.06 M
|
$54.29 M
|
$40.24 M
|
$21.19 M
|
$18.75 M
|
$1.41 M
|
$0.00
|
| Cost of Revenue |
$55.86 M |
$54.72 M |
$55.62 M |
$51.24 M |
$45.71 M |
$33.98 M |
$15.88 M |
$13.37 M |
$1.10 M |
$715,827.00 |
| Gross Profit |
$9.84 M |
$10.28 M |
$10.17 M |
$8.83 M |
$8.58 M |
$6.26 M |
$5.31 M |
$5.37 M |
$314,659.00 |
-$715,827.00 |
| Gross Profit Ratio |
0.15 |
0.16 |
0.15 |
0.15 |
0.16 |
0.16 |
0.25 |
0.29 |
0.22 |
0 |
| Research and Development
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$9.73 M
|
$11.39 M
|
$9.90 M
|
$13.57 M
|
$12.26 M
|
$13.62 M
|
$10.20 M
|
$28.17 M
|
$0.00
|
$0.00
|
| Selling & Marketing
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General &
Administrative Expenses |
$9.73 M
|
$11.39 M
|
$9.90 M
|
$13.57 M
|
$12.26 M
|
$13.62 M
|
$10.20 M
|
$28.17 M
|
$0.00
|
$0.00
|
| Other Expenses |
$60.46 M |
$3.12 M |
$2.45 M |
$3.85 M |
$3.47 M |
$3.16 M |
$2.36 M |
$9.88 M |
$16.75 M |
$25.00 M |
| Operating Expenses |
$70.20 M |
$14.51 M |
$12.36 M |
$17.43 M |
$15.73 M |
$16.78 M |
$12.56 M |
$38.05 M |
$16.75 M |
$25.00 M |
| Cost And Expenses |
$126.06 M |
$69.23 M |
$67.97 M |
$68.66 M |
$61.44 M |
$50.76 M |
$28.44 M |
$51.42 M |
$17.85 M |
$715,827.00 |
| Interest Income |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$966,823.00 |
$38,338.00 |
| Interest Expense |
$1.45 M |
$1.11 M |
$847,179.00 |
$1.19 M |
$1.46 M |
$0.00 |
$0.00 |
$0.00 |
$667,131.00 |
$0.00 |
| Depreciation &
Amortization |
$3.04 M
|
$3.12 M
|
$2.45 M
|
$2.53 M
|
$3.47 M
|
$2.51 M
|
$2.36 M
|
$2.24 M
|
$532,086.00
|
$38,338.00
|
| EBITDA |
-$1.49 M
|
-$2.23 M
|
-$1.63 M
|
-$6.19 M
|
-$8.56 M
|
-$10.74 M
|
-$7.83 M
|
-$45.85 M
|
-$15.07 M
|
-$677,489.00
|
| EBITDA Ratio |
-0.02 |
-0.03 |
-0.02 |
-0.1 |
-0.16 |
-0.27 |
-0.37 |
-2.45 |
-10.67 |
0 |
| Operating Income Ratio
|
-0.07
|
-0.07
|
-0.03
|
-0.14
|
-0.13
|
-0.26
|
-0.34
|
-1.74
|
-11.63
|
0
|
| Total Other
Income/Expenses Net |
-$1.48 M
|
-$2.33 M
|
-$2.84 M
|
-$1.43 M
|
-$6.47 M
|
-$2.81 M
|
-$2.97 M
|
-$15.21 M
|
-$378,461.00
|
$0.00
|
| Income Before Tax |
-$5.98 M |
-$6.56 M |
-$5.02 M |
-$10.02 M |
-$13.62 M |
-$13.33 M |
-$10.21 M |
-$47.89 M |
-$16.81 M |
$0.00 |
| Income Before Tax Ratio
|
-0.09
|
-0.1
|
-0.08
|
-0.17
|
-0.25
|
-0.33
|
-0.48
|
-2.55
|
-11.9
|
0
|
| Income Tax Expense |
-$36,768.00 |
-$1.22 M |
-$1.99 M |
-$236,009.00 |
-$5.00 M |
-$2.81 M |
-$2.97 M |
$213,284.00 |
$119,728.00 |
-$38,338.00 |
| Net Income |
-$5.98 M |
-$6.46 M |
-$4.94 M |
-$9.91 M |
-$13.49 M |
-$13.25 M |
-$10.19 M |
-$48.31 M |
-$16.39 M |
-$677,489.00 |
| Net Income Ratio |
-0.09 |
-0.1 |
-0.08 |
-0.17 |
-0.25 |
-0.33 |
-0.48 |
-2.58 |
-11.6 |
0 |
| EPS |
-1 |
-1.6 |
-1.28 |
-5.04 |
-10.33 |
-20.74 |
-27.34 |
-169.68 |
-76.73 |
-11.78 |
| EPS Diluted |
-1 |
-1.6 |
-1.28 |
-5.04 |
-10.33 |
-20.74 |
-27.34 |
-169.68 |
-76.73 |
-11.78 |
| Weighted Average Shares
Out |
$5.97 M
|
$4.04 M
|
$3.87 M
|
$1.97 M
|
$1.31 M
|
$639,111.00
|
$372,550.00
|
$284,701.00
|
$213,608.00
|
$57,500.00
|
| Weighted Average Shares
Out Diluted |
$5.97 M
|
$4.04 M
|
$3.87 M
|
$1.97 M
|
$1.31 M
|
$639,111.00
|
$372,550.00
|
$284,701.00
|
$213,608.00
|
$57,500.00
|
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