Cuentas, Inc. is a Fintech company utilizing technical innovation together with existing and emerging technologies to deliver accessible, efficient and reliable mobile, new-era and traditional financial services to consumers. Cuentas is proactively applying technology and compliance requirements to improve the availability, delivery, reliability and utilization of financial services especially to the unbanked, underbanked and underserved segments of today’s society. Its products are supported by its core methods, procedures, contracts and intellectual property.
Company profile
Ticker
CUEN, CUENW
Exchange
Website
CEO
Arik Maimon
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Sysco • US Foods Holding • Dominos Pizza • Alkame • HF Foods • Rave Restaurant • Alkaline Water Company Inc • Veroni Brands • Sino Green Land • Loha ...
Former names
LEAGUE NOW HOLDINGS CORP, NEXT GROUP HOLDINGS, INC., NYBD Holding, Inc., Pleasant Kids, Inc.
SEC CIK
CUEN stock data
Latest filings (excl ownership)
8-K
Entry into a Material Definitive Agreement
8 Feb 23
424B5
Prospectus supplement for primary offering
8 Feb 23
8-K
Entry into a Material Definitive Agreement
3 Feb 23
8-K
Entry into a Material Definitive Agreement
9 Jan 23
8-K
Departure of Directors or Certain Officers
30 Dec 22
S-8
Registration of securities for employees
30 Dec 22
8-K
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
23 Dec 22
DEF 14A
Definitive proxy
5 Dec 22
8-K
Departure of Directors or Certain Officers
15 Nov 22
10-Q
2022 Q3
Quarterly report
14 Nov 22
Financial summary
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| Diluted EPS |
| Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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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 |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 2.11 mm | 2.11 mm | 2.11 mm | 2.11 mm | 2.11 mm | 2.11 mm |
| Cash burn (monthly) | (no burn) | 553.50 k | 755.33 k | 1.14 mm | 792.67 k | 718.83 k |
| Cash used (since last report) | n/a | 2.41 mm | 3.29 mm | 4.95 mm | 3.45 mm | 3.13 mm |
| Cash remaining | n/a | -299.45 k | -1.18 mm | -2.84 mm | -1.34 mm | -1.02 mm |
| Runway (months of cash) | n/a | -0.5 | -1.6 | -2.5 | -1.7 | -1.4 |
Institutional ownership, Q3 2022
9.5% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 13 |
| Opened positions | 3 |
| Closed positions | 9 |
| Increased positions | 1 |
| Reduced positions | 4 |
| 13F shares | Current |
|---|---|
| Total value | 966.00 k |
| Total shares | 1.83 mm |
| Total puts | 0.00 |
| Total calls | 0.00 |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|---|---|
| Armistice Capital | 1.62 mm | $860.00 k |
| Vanguard | 114.04 k | $60.00 k |
| Geode Capital Management | 27.80 k | $14.00 k |
| NTRS Northern Trust | 19.53 k | $10.00 k |
| Virtu Financial | 12.77 k | $7.00 k |
| Two Sigma Securities | 11.13 k | $6.00 k |
| FMR | 10.00 k | $5.00 k |
| Tower Research Capital | 5.07 k | $3.00 k |
| Advisor | 2.31 k | $1.00 k |
| UBS UBS Group AG - Registered Shares | 307.00 | $0.00 |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 15 Jun 22 | Maimon Arik | Common Stock, par value $0.001 per share | Buy | Acquire P | No | No | 0.6867 | 32,850 | 22.56 k | 1,621,007 |
| 3 Nov 21 | Ran Daniel | Stock Options Common Stock | Grant | Acquire A | No | No | 2.8 | 100,000 | 280.00 k | 100,000 |
| 3 Nov 21 | Jeffery D. Johnson | Stock Options Common Stock | Grant | Acquire A | No | No | 2.8 | 500,000 | 1.40 mm | 500,000 |
News
Costamare Raises $5M Via Institutional Equity Offering
8 Feb 23
11 Communication Services Stocks Moving In Monday's Intraday Session
6 Feb 23
10 Communication Services Stocks Moving In Friday's Intraday Session
3 Feb 23
12 Communication Services Stocks Moving In Wednesday's After-Market Session
1 Feb 23
12 Communication Services Stocks Moving In Wednesday's Intraday Session
1 Feb 23
Press releases
Cuentas Announces $5 Million Registered Direct Offering
6 Feb 23
Cuentas Acquires Equity in Affordable Housing Project
3 Feb 23
Cuentas Appoints New Independent Director to Board
12 Jan 23
Cuentas Inc signs Binding LOI to Acquire $2M Membership Interest in Affordable Housing Project
9 Jan 23
Cuentas Inc. Announces 5% Discount on Amazon Cash Bought Through the Cuentas Mobile App for Shopping on Amazon for the Holiday Season
22 Dec 22