Name | Value |
---|---|
Revenues | 124.8M |
Cost of Revenue | 100.5M |
Gross Profit | 24.3M |
Operating Expense | 28.9M |
Operating I/L | -4.3M |
Other Income/Expense | -3.8M |
Interest Income | 0.4M |
Pretax | -8.0M |
Income Tax Expense | 0.0M |
Net Income/Loss | -8.1M |
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.