- Net Element subsidiary Netevia processed $1.62 billion in transactions during first half of 2018, with $1.4 billion occurring in North America
- Company’s PayOnline subsidiary part of reorganization involving international business, mobile payments solutions
- Net revenues rose 15 percent during the first half of the year, with gross profits expected to rise another $6.5 million during the next four years
Payment processing technology company Net Element, Inc. (NASDAQ: NETE) is seeing rising revenues from its North American market and is weighing options for monetizing mobile operations on a global scale through its agent contracts, while additional value-added efforts have branded it a company that continues to identify growth initiatives with independent equity research firm SeeThruEquity (http://nnw.fm/jmMJ1).
An edited transcript of Net Element’s August 15 earnings conference call released recently…
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