cuentas inc., a financial technology company, provides mobile banking, online banking, prepaid debit, and digital content services to the unbanked, underbanked, and underserved communities in the united states and internationally. it offers prepaid voice, text, and data mobile phone services; and domestic and international long-distance voice, text, and data telephony services. the company also provides cuentas fintech app, a mobile application that allows cardholders to store and manage their products purchased in the cuentas virtual market place where tier-1 retailers, virtual in-game currencies, amazon cash, and cellular telecom prepaid minutes top ups can be purchased usually at discounted prices. cuentas inc. was founded in 2005 and is headquartered in miami, florida.
Company profile
Ticker
CUEN
Exchange
Website
CEO
Arik Maimon
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Sysco • US Foods Holding • Dominos Pizza • Alkame • Alkaline Water Company Inc • HF Foods • Rave Restaurant • Veroni Brands • Sino Green Land • Loha ...
Former names
LEAGUE NOW HOLDINGS CORP, NEXT GROUP HOLDINGS, INC., NYBD Holding, Inc., Pleasant Kids, Inc.
SEC CIK
Corporate docs
Subsidiaries
Meimoun and Mammon, LLC ...
CUEN stock data
Latest filings (excl ownership)
10-K
2023 FY
Annual report
15 Apr 24
NT 10-K
Notice of late annual filing
1 Apr 24
8-K
Entry into a Material Definitive Agreement
14 Mar 24
25-NSE
Exchange delisting
15 Feb 24
8-K
Submission of Matters to a Vote of Security Holders
27 Dec 23
8-K
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
19 Dec 23
DEF 14A
Definitive proxy
6 Dec 23
EFFECT
Notice of effectiveness
1 Dec 23
424B3
Prospectus supplement
30 Nov 23
CORRESP
Correspondence with SEC
28 Nov 23
Financial summary
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Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
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Cash on hand (at last report) | 1.06 mm | 1.06 mm | 1.06 mm | 1.06 mm | 1.06 mm | 1.06 mm |
Cash burn (monthly) | (no burn) | 87.58 k | 393.33 k | 758.25 k | 282.67 k | 401.25 k |
Cash used (since last report) | n/a | 595.24 k | 2.67 mm | 5.15 mm | 1.92 mm | 2.73 mm |
Cash remaining | n/a | 461.76 k | -1.62 mm | -4.10 mm | -864.08 k | -1.67 mm |
Runway (months of cash) | n/a | 5.3 | -4.1 | -5.4 | -3.1 | -4.2 |
Institutional ownership, Q2 2023
2.8% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 7 |
Opened positions | 1 |
Closed positions | 4 |
Increased positions | 2 |
Reduced positions | 2 |
13F shares | Current |
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Total value | 331.49 mm |
Total shares | 77.16 k |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Platform Technology Partners | 63.60 k | $273.48 mm |
Benchmark Financial Wealth Advisors | 10.62 k | $45.43 mm |
Tower Research Capital | 2.71 k | $11.61 mm |
Advisor | 172.00 | $734.00 k |
MS Morgan Stanley | 23.00 | $98.00 k |
Aspire Private Capital | 23.00 | $98.00 k |
WFC Wells Fargo & Co. | 9.00 | $39.00 k |
Proequities | 0.00 | $0.00 |
Press releases
CUEN – Cuentas Releases Annual Financial Reports Reflecting Improved Business Transition Results, Revenues and Profitability
16 Apr 24
CUEN – Unlocking Value: Cuentas, Inc. Sells Brooksville Real Estate for $7.2 Million, Unleashing Double Digit Profits and Rewards Founders Strategic Vision
14 Mar 24
CUEN – Cuentas, Inc. Unveils Fintech Offering Advancements, Spotlighting Rapid Expansion in Core Services and Products Tailored to Captivate the Thriving Hispanic Diaspora Market
13 Mar 24
CUEN – Cuentas, Inc. Announces Financing Terms for Tampa Real Estate Venture Through Lender $3,0000,000 Mortgage Extension
15 Feb 24