Net Element, Inc. (NASDAQ: NETE) Focuses On Revenue Growth, New Funding

Net Element, Inc. (NASDAQ: NETE) is already working on both its funding needs and the performance of its Mobile Solutions Segment, as cited by SeeThruEquity’s updated report of April 12, 2017 (http://nnw.fm/w1vK5). In the report, the equity research firm maintained its price target on NETE stock of $2.45 per share. The company in FY2016 reported $54.3 million in sales, representing a 35% gain over the $40.2 million revenues in the 12 months of 2015. SeeThruEquity now projects Net Element’s 2017 sales as reaching $62.9 million.

Net Element is a global financial technology group that processes electronic payments in an omni-channel environment, including e-commerce, point-of-sale and mobile devices. It is segmented into three groups:  North America Transaction Solutions, Mobile Payment Solutions and Online Payment Solutions. The firm also provides…

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