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Net Element, Inc. NETE

Net Element, Inc. Revenue 2011-2026 | NETE

Company revenue is the total amount of money received from the sale of goods or services over a certain period of time. It is one of the key indicators of a company's financial condition and success.

Traditionally defined as follows:
Revenue = Price * Quantity of products

Revenue is one of the components of a company’s income. In international practice, revenue is understood as the inflow or other increase in a company's assets or the settlement of its obligations that occurs as a result of the company’s core or main activity.[1]

This is an important indicator for assessing the financial condition and efficiency of a company. It makes it possible to determine how successfully a company sells its products or services on the market. In addition, revenue can be used to calculate other financial indicators such as profit, profitability, and market share.

Various factors can influence this indicator, including demand for goods or services, market competition, economic conditions, and the company's marketing efforts. Therefore, its analysis and monitoring are important tasks for the successful development of a business.

Annual Revenue Net Element, Inc.

2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
65.7 M 65 M 65.8 M 60.1 M 54.3 M 40.2 M 21.2 M 18.7 M 1.41 M -

All numbers in USD currency

Indicator range from annual reports

Maximum Minimum Average
65.8 M 1.41 M 43.6 M

References

  1. Adhikari, B. (2010). Impact of Revenue Planning In Nepal Investment Bank Limited (Doctoral dissertation, Faculty of Management).

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