Last $10.66 USD
Change Today -0.07 / -0.65%
Volume 82.5K
UEPS On Other Exchanges
Symbol
Exchange
NASDAQ GS
Johannesburg
Berlin
As of 2:13 PM 07/30/14 All times are local (Market data is delayed by at least 15 minutes).

net 1 ueps technologies inc (UEPS) Snapshot

Open
$10.76
Previous Close
$10.73
Day High
$10.76
Day Low
$10.47
52 Week High
09/16/13 - $13.00
52 Week Low
08/19/13 - $7.01
Market Cap
533.4M
Average Volume 10 Days
86.7K
EPS TTM
$1.14
Shares Outstanding
50.2M
EX-Date
--
P/E TM
9.3x
Dividend
--
Dividend Yield
--
Current Stock Chart for NET 1 UEPS TECHNOLOGIES INC (UEPS)

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net 1 ueps technologies inc (UEPS) 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. 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, health care 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 loans, 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 Prism secure transaction technology, solutions, and services, as well as is involved in hardware and SIM Card sales, and licensing the DUET system, SIM card, and other software; undertakes smart card system implementation projects; delivers hardware, software, and business solutions; provides cryptography services; and rents hardware to merchants. Net 1 UEPS Technologies, Inc. was founded in 1989 and is headquartered in Johannesburg, South Africa.

2,915 Employees
Last Reported Date: 08/22/13
Founded in 1989

net 1 ueps technologies inc (UEPS) Top Compensated Officers

Chairman, Chief Executive Officer and Chairma...
Total Annual Compensation: $1.7M
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $902.5K
Chief Executive Officer of KSNET Inc and Pres...
Total Annual Compensation: $349.7K
Senior Vice President of Information Technolo...
Total Annual Compensation: $360.0K
Compensation as of Fiscal Year 2013.

net 1 ueps technologies inc (UEPS) Key Developments

Net 1 Ueps Technologies Inc. Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended March 31, 2014; Provides Earnings Guidance for the Full Year of 2014

Net 1 UEPS Technologies Inc. announced unaudited consolidated earnings results for the third quarter and nine months ended March 31, 2014. For the quarter, the company reported revenue of $138,126,000 against $111,141,000 a year ago. Operating income was $23,949,000 against operating loss of $4,726,000 a year ago. Income before income tax expense was $25,653,000 against loss before income tax expense of $4,234,000 a year ago. Net income attributable to the company was $17,182,000 or $0.37 diluted per share against net loss attributable to the company of $4,681,000 or $0.10 basic and diluted per share a year ago. Net cash provided by operating activities was $34,637,000 against $12,186,000 a year ago. Capital expenditures were $4,848,000 against $5,053,000 a year ago. Net income used to calculate headline earnings was $17,163,000 against net loss used to calculate headline earnings of $4,679,000 a year ago. Basic and diluted headline earnings per share were $0.37 against basic and diluted headline loss per share of $0.10 a year ago. Higher revenue resulting from an increase in low-margin prepaid airtime and electricity sales. The revenue has increased as a result of the growth of its prepaid airtime offering during third quarter of 2014, which has lower margins compared with other South African businesses. Capital expenditures have increased primarily due to the acquisition of more payment processing terminals in Korea. For the nine months, the company reported revenue of $398,903,000 against $334,265,000 a year ago. Operating income was $59,151,000 against $9,571,000 a year ago. Income before income tax expense was $63,432,000 against $11,649,000 a year ago. Net income attributable to the company was $41,527,000 or $0.90 diluted per share against $4,692,000 or $0.10 basic and diluted per share a year ago. Net cash provided by operating activities was $5,713,000 against $30,995,000 a year ago. Capital expenditures were $17,309,000 against $17,103,000 a year ago. Net income used to calculate headline earnings was $41,497,000 against $4,632,000 a year ago. Basic and diluted headline earnings per share were $0.90 against $0.10 a year ago. Higher revenue resulting from an increase in low-margin prepaid airtime and electricity sales. The revenue has increased as a result of the growth of its prepaid airtime offering during third quarter of 2014, which has lower margins compared with other South African businesses. The company provided earnings guidance for the full year of 2014. For the year, the company expects fundamental earnings per share of at least $1.90, assuming a constant currency base. The share count assumption in its guidance includes the 4.4 million shares that were issued as part of its BEE transaction on April 16, 2014. Tax rate will fluctuate depending on intention regarding undistributed South African earnings and the timing of any payments, and The company expects effective rate for 2014 to be around 36% to 40%. On an absolute basis, The company expects operating income to increase in constant currency assuming a stable beneficiary base.

Net 1 Ueps Technologies Inc. to Report Q3, 2014 Results on May 08, 2014

Net 1 Ueps Technologies Inc. announced that they will report Q3, 2014 results on May 08, 2014

Net 1 Ueps Technologies Inc., Q3 2014 Earnings Call, May 09, 2014

Net 1 Ueps Technologies Inc., Q3 2014 Earnings Call, May 09, 2014

 

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UEPS Competitors

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Industry Analysis

UEPS

Industry Average

Valuation UEPS Industry Range
Price/Earnings 9.9x
Price/Sales 0.9x
Price/Book 1.3x
Price/Cash Flow 6.0x
TEV/Sales 0.8x
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