NUEP Net 1 Ueps Technologies Inc
Net 1 UEPS Technologies, Inc. engages in the provision of payment solutions and transaction processing services in South Africa. The firm designs, develops, and markets transaction technology, solutions, and services. It operates through the following segments: South African Transaction Processing, International Transaction Processing, and Financial Inclusion and Applied Technologies. The South African Transaction Processing segment consists of a welfare benefit distribution service provided to the South African government and transaction processing for retailers, utilities, medical-related claim service customers, and banks. The International Transaction Processing segment offers payment processing services and to a lesser extent from the sale of goods, primarily point of sale terminals, to customers in Korea. The Financial Inclusion and Applied Technologies segment comprises of short-term loans as a principal and life insurance products on an agency basis and generates initiation and services fees. The company was founded by Serge Christian Pierre Belamant in 1989 and is headquartered in Johannesburg, South Africa.
Company profile
Ticker
NUEP
Exchange
Website
CEO
Herman Gideon Kotzé
Employees
Location
Fiscal year end
Sector
Industry (SEC)
SEC CIK
Corporate docs
IRS number
980171860
NUEP stock data
()
Calendar
7 Nov 19
6 Dec 19
30 Jun 20
News
Company financial data Financial data
| Quarter (USD) | Sep 19 | Jun 19 | Mar 19 | Dec 18 | |
|---|---|---|---|---|---|
| Revenue | 80.76M | 51.47M | 86.48M | 97.15M | |
| Net income | -4.39M | -183.69M | -54.78M | -63.94M | |
| Diluted EPS | -0.08 | -3.23 | -0.96 | -1.12 | |
| Net profit margin | -5.44% | -357% | -63.35% | -65.82% | |
| Operating income | -2.73M | -49.65M | -21.68M | -43.08M | |
| Net change in cash | -10.71M | -1.43M | -10.1M | -50.29M | |
| Cash on hand | 110.8M | 121.51M | 122.94M | 133.04M | |
| Cost of revenue | 46.79M | 41.67M | 50.18M | 51.19M |
| Annual (USD) | Jun 19 | Jun 18 | Jun 17 | Jun 16 | |
|---|---|---|---|---|---|
| Revenue | 360.99M | 612.89M | 610.07M | 590.75M | |
| Net income | -307.62M | 64.25M | 73.07M | 82.45M | |
| Diluted EPS | -5.42 | 1.13 | 1.33 | 1.71 | |
| Net profit margin | -85.22% | 10.48% | 11.98% | 13.96% | |
| Operating income | -113.51M | 58.95M | 97.04M | 114.37M | |
| Net change in cash | 31.46M | -168.4M | 34.81M | 106.06M | |
| Cash on hand | 121.51M | 90.05M | 258.46M | 223.64M | |
| Cost of revenue | 215.35M | 304.54M | 292.38M | 290.1M |
Financial data from Net 1 Ueps earnings reports
Financial report summary
?Management Discussion
- The discussion of our consolidated overall results of operations is based on amounts as reflected in our unaudited consolidated financial statements which are prepared in accordance with U.S. GAAP. We analyze our results of operations both in U.S. dollars, as presented in the consolidated financial statements, and supplementally in ZAR, because ZAR is the functional currency of the entities which contribute the majority of our revenue and is the currency in which the majority of our transactions are initially incurred and measured. Due to the significant impact of currency fluctuations between the U.S. dollar and ZAR on our reported results and because we use the U.S. dollar as our reporting currency, we believe that the supplemental presentation of our results of operations in ZAR is useful to investors to understand the changes in the underlying trends of our business.
Content analysis
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Financial reports
10-Q
2020 Q1
Quarterly report
7 Nov 19
10-K
2019 FY
Annual report
25 Oct 19
10-Q
2019 Q3
Quarterly report
9 May 19
10-Q
2019 Q2
Quarterly report
7 Feb 19
10-K/A
2018 FY
Annual report (amended)
6 Dec 18
10-Q
2019 Q1
Quarterly report
14 Nov 18
10-K
2018 FY
Annual report
12 Sep 18
10-Q
2018 Q3
Quarterly report
10 May 18
10-Q
2018 Q2
Quarterly report
8 Feb 18
10-Q
2018 Q1
Quarterly report
9 Nov 17
Current reports
8-K
Entry into a Material Definitive Agreement
2 Dec 19
8-K
Submission of Matters to a Vote of Security Holders
20 Nov 19
8-K
Net 1 Reports First Quarter 2020 Results
7 Nov 19
8-K
Results of Operations and Financial Condition
25 Oct 19
8-K
Net1 exercises option to acquire further 35% of Bank Frick
8 Oct 19
8-K
Net1 UEPS Technologies, Inc. receives Nasdaq notice regarding late Form 10-K filing
3 Oct 19
8-K
Financial Statements and Exhibits
1 Oct 19
8-K
Net 1 UEPS Technologies, Inc. Reports Preliminary Fourth Quarter and Full Year 2019 Results
26 Sep 19
8-K
Entry into a Material Definitive Agreement
13 Sep 19
8-K
Departure of Directors or Certain Officers
2 Jul 19
Registration and prospectus
S-3
Shelf registration
7 Dec 18
424B3
Prospectus supplement
3 Oct 17
424B5
Prospectus supplement for primary offering
17 Feb 17
424B5
Prospectus supplement for primary offering
6 Oct 16
S-3
Shelf registration
10 Jun 16
S-8
Registration of securities for employees
3 Dec 15
S-3/A
Shelf registration (amended)
1 Dec 15
S-3
Shelf registration
17 Nov 15
424B5
Prospectus supplement for primary offering
11 Dec 13
S-3/A
Shelf registration (amended)
23 Mar 12
Proxies
DEF 14A
Definitive proxy
25 Oct 19
DEF 14A
Definitive proxy
5 Oct 18
DEF 14A
Definitive proxy
29 Sep 17
DEF 14A
Definitive proxy
30 Sep 16
DEF 14A
Definitive proxy
2 Oct 15
DEF 14A
Definitive proxy
10 Oct 14
DEFA14A
Additional proxy soliciting materials
10 Oct 14
DEF 14A
Definitive proxy
17 Oct 13
DEF 14A
Definitive proxy
3 Oct 12
DEF 14A
Definitive proxy
28 Oct 11
Other
EFFECT
Notice of effectiveness
17 Dec 18
EFFECT
Notice of effectiveness
24 Jun 16
CORRESP
Correspondence with SEC
22 Jun 16
UPLOAD
Letter from SEC
17 Jun 16
UPLOAD
Letter from SEC
23 May 16
CORRESP
Correspondence with SEC
13 May 16
CORRESP
Correspondence with SEC
9 May 16
CORRESP
Correspondence with SEC
15 Apr 16
UPLOAD
Letter from SEC
7 Apr 16
EFFECT
Notice of effectiveness
8 Dec 15
Ownership
SC 13G/A
Net 1 Ueps Technologies Inc
13 Feb 19
SC 13G
Net 1 Ueps Technologies Inc
11 Feb 19
SC 13G/A
Net 1 Ueps Technologies Inc
31 Jan 19
SC 13G/A
Net 1 Ueps Technologies Inc
13 Feb 18
SC 13G/A
Net 1 Ueps Technologies Inc
23 Jan 18
SC 13G/A
Net 1 Ueps Technologies Inc
14 Feb 17
SC 13G/A
Net 1 Ueps Technologies Inc
13 Feb 17
SC 13G/A
Net 1 Ueps Technologies Inc
9 Feb 17
SC 13D
Net 1 Ueps Technologies Inc
1 Jun 16
SC 13G
Net 1 Ueps Technologies Inc
16 Feb 16