Wholesale Telecommunication Services was Cuentas’s largest product and service line in fiscal 2024, bringing in $1.14M of $1.35M (84%).
| Product and Service | FY 2022 | FY 2023 | FY 2024 |
|---|---|---|---|
| Wholesale Telecommunication Services | — | $4.36M | $1.14M |
| Digital Products & General Purpose Reloadable Cards | $4.31M | $156.00K | $162.00K |
| Telecommunications | $1.68M | $174.00K | $52.00K |
| Total | $5.99M | $4.69M | $1.35M |
Cuentas brought in $1.35M from its three product and service lines in fiscal 2024, the year ended December 31, 2024. That was down 71.2% from $4.69M in fiscal 2023. Wholesale Telecommunication Services was the largest at $1.14M (84.2%), ahead of Digital Products & General Purpose Reloadable Cards at $162.00K (12.0%) and Telecommunications at $52.00K (3.8%).
Compared with fiscal 2023, Digital Products & General Purpose Reloadable Cards grew fastest, up 3.8% to $162.00K, while Wholesale Telecommunication Services fell the most, down 73.9% to $1.14M.
Cuentas began breaking out Wholesale Telecommunication Services in fiscal 2023, when it brought in $4.36M.
Other Revenues was Cuentas’s largest revenue line in fiscal 2024, bringing in $1.19M of $1.35M (88%).
| Related and Nonrelated Parties | FY 2022 | FY 2023 | FY 2024 |
|---|---|---|---|
| Sales To Next Communications Inc | — | $4.36M | — |
| Revenues From Related Parties | $4.10M | — | $162.00K |
| Other Revenues | $1.88M | $192.00K | $1.19M |
| Sales To Sdi Cuentas Llc | — | $146.00K | — |
| Total | $5.99M | $4.70M | $1.35M |
Cuentas brought in $1.35M from its two revenue lines in fiscal 2024, the year ended December 31, 2024. Cuentas regrouped these revenue lines after fiscal 2023, so the total does not compare directly with that year's $4.70M. Other Revenues was the largest at $1.19M (88.0%), ahead of Revenues From Related Parties at $162.00K (12.0%).
From fiscal 2022 to 2024, combined revenue from these revenue lines fell from $5.99M to $1.35M, a compound annual decline of 52.5%. Other Revenues' share of the total rose from 31.5% to 88.0%.
Cuentas stopped reporting Sales To Next Communications Inc ($4.36M in fiscal 2023) and Sales To Sdi Cuentas Llc ($146.00K in fiscal 2023) as separate revenue lines.
As Restated was Cuentas’s largest revenue line in fiscal 2014, bringing in $10.49K of $20.98K (50%).
| Restatement | FY 2014 |
|---|---|
| As Restated | $10.49K |
| Previously Reported | $10.49K |
| Total | $20.98K |
Cuentas brought in $20.98K from its two revenue lines in fiscal 2014, the year ended September 30, 2014. As Restated was the largest at $10.49K (50.0%), ahead of Previously Reported at $10.49K (50.0%).
Cuentas (CUEN) reports its revenue by product and service, by related and nonrelated parties and by restatement. In fiscal 2024, Wholesale Telecommunication Services was its largest product and service line, bringing in $1.14M (84.2% of the total), followed by Digital Products & General Purpose Reloadable Cards at $162.00K (12.0%).
Wholesale Telecommunication Services was Cuentas' largest product and service line in fiscal 2024, bringing in $1.14M, or 84.2% of the $1.35M total across its three product and service lines.
Other Revenues was Cuentas' largest revenue line in fiscal 2024, bringing in $1.19M, or 88.0% of the $1.35M 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 $156.00K to $162.00K.
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.