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Net Element (Net Element) EBITDA : $1.51 Mil (TTM As of Jun. 2021)


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What is Net Element EBITDA?

Net Element's EBITDA for the three months ended in Jun. 2021 was $2.14 Mil. Its EBITDA for the trailing twelve months (TTM) ended in Jun. 2021 was $1.51 Mil.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBITDA Growth Rate using EBITDA data.

Net Element's EBITDA per Share for the three months ended in Jun. 2021 was $0.36. Its EBITDA per share for the trailing twelve months (TTM) ended in Jun. 2021 was $0.16.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBITDA per share growth rate using EBITDA per Share data.


Net Element EBITDA Historical Data

The historical data trend for Net Element's EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Net Element EBITDA Chart

Net Element Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.69 -6.30 -1.72 -2.33 -1.49

Net Element Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.78 -1.23 -0.79 1.38 2.14

Competitive Comparison of Net Element's EBITDA

For the Software - Infrastructure subindustry, Net Element's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Net Element's EV-to-EBITDA Distribution in the Software Industry

For the Software industry and Technology sector, Net Element's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Net Element's EV-to-EBITDA falls into.


Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) is what the company earns before it expenses interest, taxes, depreciation and amortization.

Net Element's EBITDA for the fiscal year that ended in Dec. 2020 is calculated as

Net Element's EBITDA was directly provided by GuruFocus' data source Morningstar. For the fiscal year ended in Dec. 2020, Net Element's EBITDA was $-1.49 Mil.

Net Element's EBITDA for the quarter that ended in Jun. 2021 is calculated as

Net Element's EBITDA was directly provided by GuruFocus' data source Morningstar. For the quarter ended in Jun. 2021, Net Element's EBITDA was $2.14 Mil.

EBITDA for the trailing twelve months (TTM) ended in Jun. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.51 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Sometimes companies may have already deducted Depreciation and Amortization from Gross Profit. In this case Depreciation and Amortization needs to be added back when calculating EBITDA.

Net Element  (NAS:NETE) EBITDA Explanation

EBITDA is a cash flow measure that ignores changes in working capital. EBITDA minus Depreciation, and Amortization (DA) equals Operating Income. Operating Income is profit before interest and taxes. Of course, Interest and taxes need to be paid.

While depreciation and amortization expenses do not need to be paid in cash, assets - especially tangible assets - do need to be replaced over time. EBITDA is not a measure of profit in any sense. EBITDA is a measure of cash generation by a business where the uses of that cash may be more or less discretionary depending on the nature of the business.

The EBITDA of a TV station is largely discretionary. Owners may use much of the EBITDA generated by a TV station as they see fit. The EBITDA of a railroad is largely non-discretionary. Owners must use much of the EBITDA generated by a railroad to replace the physical assets of the railroad or the business will literally fall apart over time.

EBITDA can be thought of as the cash a business generates that is available to:

Add more inventory
Add more receivables
Replace property, plant, and equipment
Add more property, plant, and equipment
Pay interest
Pay taxes
And finally: pay owners

EBITDA is widely used in financial analysis because Depreciation and Amortization are not present day cash expenses.. Depreciation and amortization are the spreading out of the costs of assets over the time in which those assets provide benefits. Today's depreciation and amortization expenses relate to assets bought in the past. The assets being expensed may or may not need to be replaced in the future. And the cost to replace the assets may be more or less than it was in the past. For this reason, the depreciation and amortization expenses a company records in the present year may have no relationship to the actual cash costs needed to maintain its assets in future years.

A company's depreciation expense depends on both its expectations about the assets it owns and its choice of accounting methods. Two companies owning identical assets may have different depreciation expenses because they have different expectations about the useful lives of those assets and because they make different accounting choices.

Analysts use EBITDA to remove this element of personal choice from a company's accounting statements. The use of EBITDA is an attempt to make the results of different companies more comparable and uniform.


Be Aware

Although depreciation is not a cash cost it is a real business cost because the company has to pay for the fixed assets when they purchase them. Both Warren Buffett and Charlie Munger hate the idea of EBITDA because in this calculation, depreciation is not counted as an expense.

EBITDA over Revenue is a good metric for comparing the operating efficiencies between companies because EBITDA is less vulnerable to companies' accounting choices. For this reason, EBITDA is used in ranking the Predictability of Companies. Also Price-to-EBITDA is sometimes used in valuations.


Net Element EBITDA Related Terms

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Net Element (Net Element) Business Description

Traded in Other Exchanges
N/A
Address
3363 NE 163rd Street, Suite 605, North Miami Beach, FL, USA, 33160
Net Element Inc is a financial technology-driven group specializing in mobile payments and other transactional services in emerging countries and the United States. It operates through two segments. The North America Transaction Solutions segment provides technology and services to businesses that are required to accept cashless transactions, mobile payment services, merchant performance analytical tools, and merchant back office reporting; and the International Transaction Solutions segment provides online and mobile commerce solutions for merchants including social networks, game developers, online magazines, mobile applications and digital media operators. The company generates a majority of its revenue from the North America transaction solutions segment.
Executives
Steven Wolberg officer: Chief Legal Officer 3363 NE 163RD STREET, #705, NORTH MIAMI BEACH FL 33160
Jeffrey Ginsberg officer: Chief Financial Officer 3363 NE 163RD STREET, SUITE 705, C/O NET ELEMENT, INC., NORTH MIAMI BEACH FL 33160
Jon Najarian director 55 EAST MONROE STREET, SUITE 3800, CHICAGO IL 60603
John Roland director 3370 NE 190 STREET APT. 2108, AVENTURA FL 33180
Todd Raarup director 133 PROSPECTOR LANE 4102, ASPEN CO 81611
Howard Ash director 4233 SHERIDAN AVE, MIAMI BEACH FL 33140
Jonathan Fichman director 9324 NW 10TH STREET, PLANTATION FL 33322
John Joseph Wiegand director 1250 EASTON ROAD, SUITE 190 A, HORSHAM PA 19044
Drew J Freeman director 2542 NASSAU LANE, FORT LAUDERDALE FL 33312
Oleg Firer director, 10 percent owner, officer: Chief Executive Officer 11 YELLOWSTONE DRIVE, OLD BRIDGE NJ 08857
James Caan director 1450 SOUTH MIAMI AVENUE, MIAMI FL 33130
Kenges Rakishev director SAF & CO., 214 MUKANOVA STREET, ALMATY 1P 050008
Jonathan New officer: Chief Financial Officer 12100 NE 16TH AVENUE, #210, NORTH MIAMI FL 33161
William Healy director 16W281 83RD STREET, SUITE B, BURR RIDGE IL 60527
Kelley David P Ii director C/O ARCO CAPITAL MANAGEMENT LLC, 7 SHEINOVO STREET, SOFIA E0 1504