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Last 23,499
Change Today +499.00 / 2.17%
Volume 3.6K
As of 5:23 AM 07/6/15 All times are local (Market data is delayed by at least 15 minutes).

net 1 ueps technologies inc (NT1) Snapshot

Open
$23,500
Previous Close
$23,000
Day High
$23,500
Day Low
$23,499
52 Week High
06/19/15 - $25,200
52 Week Low
08/13/14 - $11,500
Market Cap
11.0B
Average Volume 10 Days
2.4K
EPS TTM
--
Shares Outstanding
46.6M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for NET 1 UEPS TECHNOLOGIES INC (NT1)

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net 1 ueps technologies inc (NT1) Details

Net 1 UEPS Technologies, Inc. provides payment solutions and transaction processing services for various industries in South Africa, Korea, Europe, and internationally. It offers universal electronic payment system (UEPS), a smart-card based alternative payment system for the unbanked and underbanked populations of developing economies and for mobile transaction channels. The company’s UEPS system allows card holders to transact at any EMV-enabled point of sale terminal or ATM; and can be used for banking, healthcare management, international money transfers, voting, and identification. It provides state pension and welfare benefit distribution service to the South African government; transactions processing services for retailers, utilities, banks, and medical-related claim service customers, as well as bill payments and prepaid electricity for bill issuers and local councils; and mobile telephone top-up transactions for mobile carriers. The company also offers payment processing services to merchants and card issuers; transaction processing of UEPS-enabled smartcards and medical-related claims; and clinical risk management solutions. In addition, it provides smart card accounts; financial services, including short-term microloans, microfinance, life insurance, and money transfer products; and on-line real-time management system services for healthcare transactions, as well as processes third-party payroll payments for employees. Further, the company markets, sells, and implements the UEPS; provides secure transaction technology solutions and services; sells hardware, software, and SIM cards; undertakes smart card system implementation projects; and leases terminals to merchants. Net 1 UEPS Technologies, Inc. was founded in 1989 and is headquartered in Johannesburg, South Africa.

4,415 Employees
Last Reported Date: 08/28/14
Founded in 1989

net 1 ueps technologies inc (NT1) Top Compensated Officers

Chairman, Chief Executive Officer and Chairma...
Total Annual Compensation: $937.1K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $496.1K
Chief Executive Officer of KSNET Inc and Pres...
Total Annual Compensation: $357.3K
Senior Vice President of Information Technolo...
Total Annual Compensation: $592.7K
Compensation as of Fiscal Year 2014.

net 1 ueps technologies inc (NT1) Key Developments

Net 1 Ueps Technologies Inc. - Analyst/Investor Day

To discuss outline of the company's strategic plans and future financial goals

Foreign Corrupt Practices Act Unit of the Division of Enforcement of the U.S. Securities and Exchange Commission Concludes Investigation on Net 1 UEPS Technologies

Net 1 UEPS Technologies Inc. announced that it has received a letter from the Foreign Corrupt Practices Act unit of the Division of Enforcement of the U.S. Securities and Exchange Commission (SEC). The commission concluded the investigation as to Net 1 UEPS Technologies Inc. Based on the information it has as of this date, it does not intend to recommend an enforcement action by the Commission against Net 1 UEPS Technologies Inc. The investigation commenced in December 2012 following the award of the SASSA national contract to Net1 in January 2012. It commenced largely as a result of one of the losing bidders for the contract, Barclays Africa's subsidiary AllPay, referring unsubstantiated South African press articles alleging irregularities in the tender process to the U.S. Department of Justice. It believes that AllPay was responsible for instigating those media allegations. This resulted in the DOJ and SEC initiating investigations into alleged FCPA and disclosures violations. This letter from the SEC is an important step in the company clearing its name and is in line with the total absence of any findings of irregularities against Net1 by any South African Court or Regulator resulting from actions pursued by AllPay over the past three years.

Net 1 Ueps Technologies Inc. - Special Call

To discuss update on the SASSA tender process

 

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Industry Analysis

NT1

Industry Average

Valuation NT1 Industry Range
Price/Earnings 8.8x
Price/Sales 1.3x
Price/Book 1.9x
Price/Cash Flow 6.2x
TEV/Sales 1.1x
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