nFinanSe Inc (PK:NFSE)
Business Focus: Consumer Credit Card Services
| Sector: Financials | Industry: Consumer Lending |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 3923 Coconut Palm Dr Ste 107 TAMPA FL 33619-1356 |
| Tel: | N/A |
| Website: | N/A |
| IR: | N/A |
| Key People | ||
| Jerry R. Welch Chairman of the Board, Chief Executive Officer | Raymond P. Springer Chief Financial Officer | Daniel W Davis Chief Technology Officer |
| Business Overview |
| nFinanSe Inc. is a provider of prepaid access through the sale of General Purpose Reloadable (GPR) cards, payroll cards and gift cards (together referred as Cards) across a wide variety of markets. These markets include grocery stores, convenience stores, general merchandise stores and direct to customer through on-line or direct marketing activities. |
| Financial Overview |
| For the 39 weeks ended 30 September 2011, nFinanSe Inc revenues increased from $753K to $3.8M. Net loss applicable to common stockholders decreased 19% to $6M. Revenues reflect Card revenues increase from $571K to $2.5M, Interchange revenues increase from $153K to $704K, Reload revenues increase from $119K to $625K. Lower net loss reflects Other general and administrative expense decrease of 5% to $1.7M (expense). |
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