Name | Value |
---|---|
Revenues | 146.0M |
Cost of Revenue | 113.1M |
Gross Profit | 33.0M |
Operating Expense | 31.1M |
Operating I/L | 0.3M |
Other Income/Expense | -1.6M |
Interest Income | 0.7M |
Pretax | -3.6M |
Income Tax Expense | 1.5M |
Net Income/Loss | -5.0M |
Net 1 UEPS Technologies, Inc. is a financial technology company that provides fintech products and services to unbanked and underbanked individuals and small businesses, primarily in South Africa and internationally. The company generates revenue through three segments: Processing, Financial services, and Technology. The Processing segment offers transaction processing services, while the Financial services segment provides bank accounts, loans, and life insurance products, as well as short-term loans. The Technology segment sells hardware, including point of sale devices and SIM cards, and licenses technology developed by the company, along with related technology services.