Wholesale Telecommunication Services was Cuentas’s largest product and service line in fiscal 2024, bringing in $569.00K of $676.00K (84%).
| Product and Service | FY 2022 | FY 2023 | FY 2024 |
|---|---|---|---|
| Wholesale Telecommunication Services | — | $2.18M | $569.00K |
| Digital Products & General Purpose Reloadable Cards | $2.16M | $78.00K | $81.00K |
| Telecommunications | $839.00K | $87.00K | $26.00K |
| Total | $2.99M | $2.35M | $676.00K |
Cuentas brought in $676.00K from its three product and service lines in fiscal 2024, the year ended December 31, 2024. That was down 71.2% from $2.35M in fiscal 2023. Wholesale Telecommunication Services was the largest at $569.00K (84.2%), ahead of Digital Products & General Purpose Reloadable Cards at $81.00K (12.0%) and Telecommunications at $26.00K (3.8%).
Compared with fiscal 2023, Digital Products & General Purpose Reloadable Cards grew fastest, up 3.8% to $81.00K, while Wholesale Telecommunication Services fell the most, down 73.9% to $569.00K.
Cuentas began breaking out Wholesale Telecommunication Services in fiscal 2023, when it brought in $2.18M.
Other Revenues was Cuentas’s largest revenue line in fiscal 2024, bringing in $595.00K of $676.00K (88%).
| Related and Nonrelated Parties | FY 2022 | FY 2023 | FY 2024 |
|---|---|---|---|
| Revenues From Related Parties | $2.05M | $2.25M | $81.00K |
| Other Revenues | $942.00K | $96.00K | $595.00K |
| Total | $2.99M | $2.35M | $676.00K |
Cuentas brought in $676.00K from its two revenue lines in fiscal 2024, the year ended December 31, 2024. That was down 71.2% from $2.35M in fiscal 2023. Other Revenues was the largest at $595.00K (88.0%), ahead of Revenues From Related Parties at $81.00K (12.0%).
Compared with fiscal 2023, Other Revenues grew 519.8% to $595.00K, while Revenues From Related Parties fell 96.4% to $81.00K. From fiscal 2022 to 2024, combined revenue from these revenue lines fell from $2.99M to $676.00K, a compound annual decline of 52.5%. Other Revenues' share of the total rose from 31.5% to 88.0%.
Cuentas (CUEN) reports its revenue by product and service and by related and nonrelated parties. In fiscal 2024, Wholesale Telecommunication Services was its largest product and service line, bringing in $569.00K (84.2% of the total), followed by Digital Products & General Purpose Reloadable Cards at $81.00K (12.0%).
Wholesale Telecommunication Services was Cuentas' largest product and service line in fiscal 2024, bringing in $569.00K, or 84.2% of the $676.00K total across its three product and service lines.
Other Revenues was Cuentas' largest revenue line in fiscal 2024, bringing in $595.00K, or 88.0% of the $676.00K total across its two revenue lines.
Among Cuentas' product and service lines that make up at least 2% of revenue, Digital Products & General Purpose Reloadable Cards grew fastest in fiscal 2024, up 3.8% from $78.00K to $81.00K.
Every figure comes from Cuentas' annual financial filings, as reported. Each line keeps the name Cuentas gives it, and years follow its fiscal calendar.
Cuentas' revenue by product and service goes back to fiscal 2022, with figures through fiscal 2024. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.