Income Statement NetSol Technologies, Inc.

Stocks

NTWK

US64115A4022

IT Services & Consulting

Market Closed - Nasdaq 21:00:00 02/10/2026 BST			5-day change	1st Jan Change
5.950 ^USD	+3.48%		+21.43%	+96.37%

09-28	NetSol Technologies, Inc. Reports Earnings Results for the Full Year Ended June 30, 2026	CI
09-28	NetSol Technologies, Inc., Q4 2026 Earnings Call, Sep 28, 2026

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Published financial data: NETSOL TECHNOLOGIES, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: June	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)	2026 (USD)
Revenues	57.25M	52.39M	61.39M	66.09M	74.37M
Total Revenues	57.25M	52.39M	61.39M	66.09M	74.37M
Cost of Goods Sold, Total	30.56M	35.48M	32.11M	33.51M	35.22M
Gross Profit	26.69M	16.92M	29.28M	32.57M	39.15M
Selling General & Admin Expenses, Total	22.61M	24.09M	24.39M	27.8M	31.42M
Provision for Bad Debts	-	-	-	-	-
R&D Expenses	1.34M	1.6M	1.4M	1.28M	782K
Depreciation & Amortization - (IS)	3.81M	-	-	-	-
Other Operating Expenses, Total	27.76M	25.7M	25.79M	29.07M	32.2M
Operating Income	-1.08M	-8.78M	3.49M	3.5M	6.95M
Interest Expense, Total	-370K	-765K	-1.14M	-871K	-606K
Interest And Investment Income	1.66M	1.22M	1.91M	1.87M	1.07M
Net Interest Expenses	1.29M	453K	769K	1M	466K
Income (Loss) On Equity Invest.	-2.02M	-1.03M	-	-	-
Currency Exchange Gains (Loss)	4.33M	6.75M	-1.19M	1.3M	-390K
Other Non Operating Income (Expenses)	-219K	-606K	148K	244K	203K
EBT, Excl. Unusual Items	2.3M	-3.22M	3.22M	6.05M	7.23M
Gain (Loss) On Sale Of Assets	-205K	-	-	-	-
EBT, Incl. Unusual Items	2.09M	-3.22M	3.22M	6.05M	7.23M
Income Tax Expense	989K	927K	1.15M	1.48M	1.63M
Earnings From Continuing Operations	1.1M	-4.14M	2.08M	4.57M	5.6M
Net Income to Company	1.1M	-4.14M	2.08M	4.57M	5.6M
Minority Interest	-1.95M	-1.1M	-1.39M	-1.65M	-2.65M
Net Income - (IS)	-851K	-5.24M	684K	2.92M	2.95M
Net Income to Common Incl Extra Items	-851K	-5.24M	684K	2.92M	2.95M
Net Income to Common Excl. Extra Items	-851K	-5.24M	684K	2.92M	2.95M
Per Share Items
Net EPS - Basic	-0.08	-0.46	0.06	0.25	0.25
Basic EPS - Continuing Operations	-0.08	-0.46	0.06	0.25	0.25
Basic Weighted Average Shares Outstanding	11.25M	11.28M	11.38M	11.58M	11.81M
Net EPS - Diluted	-0.08	-0.46	0.06	0.25	0.25
Diluted EPS - Continuing Operations	-0.08	-0.46	0.06	0.25	0.25
Diluted Weighted Average Shares Outstanding	11.25M	11.28M	11.42M	11.58M	11.83M
Normalized Basic EPS	-0.05	-0.28	0.05	0.18	0.16
Normalized Diluted EPS	-0.05	-0.28	0.05	0.18	0.16
Supplemental Items
EBITDA	2.73M	-5.54M	5.22M	4.97M	8.19M
EBITA	554K	-7.61M	3.62M	3.5M	6.95M
EBIT	-1.08M	-8.78M	3.49M	3.5M	6.95M
EBITDAR	3.61M	-4.94M	5.88M	5.55M	9.1M
Total Revenues (As Reported)	57.25M	52.39M	61.39M	66.09M	74.37M
Effective Tax Rate - (Ratio)	47.32	-28.79	35.54	24.41	22.56
Current Domestic Taxes	2.8K	13.97K	1.6K	1.6K	24.55K
Current Foreign Taxes	986K	913K	1.14M	1.41M	1.65M
Total Current Taxes	989K	927K	1.15M	1.41M	1.68M
Deferred Domestic Taxes	-	-	-	63.14K	-
Deferred Foreign Taxes	-	-	-	-	-48.14K
Total Deferred Taxes	-	-	-	63.14K	-48.14K
Normalized Net Income	-518K	-3.11M	621K	2.13M	1.87M
Interest on Long-Term Debt	370K	765K	1.14M	871K	606K
Supplemental Operating Expense Items
Advertising Expense	120K	64.56K	149K	346K	534K
Selling and Marketing Expenses	7.22M	-	-	-	-
General and Administrative Expenses	15.39M	-	-	-	-
Research And Development Expense From Footnotes	1.34M	1.6M	1.4M	1.28M	782K
Net Rental Expense, Total	876K	599K	667K	587K	915K
Imputed Operating Lease Interest Expense	220K	428K	825K	487K	481K
Imputed Operating Lease Depreciation	656K	172K	-158K	100K	433K
Stock-Based Comp., G&A Exp. (Total)	-	-	-	-	-
Stock-Based Comp., Other (Total)	104K	317K	309K	208K	759K
Total Stock-Based Compensation	104K	317K	309K	208K	759K

Fiscal Period: June	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)	2026 (USD)
Assets
Cash And Equivalents	23.96M	15.53M	19.13M	17.36M	27.12M
Total Cash And Short Term Investments	23.96M	15.53M	19.13M	17.36M	27.12M
Accounts Receivable, Total	23.24M	24.09M	25.73M	25.76M	26.53M
Other Receivables	21.58K	92.72K	259K	410K	372K
Notes Receivable	-	-	-	-	-
Total Receivables	23.26M	24.18M	25.99M	26.17M	26.9M
Prepaid Expenses	1.39M	1.3M	1.31M	1.76M	1.23M
Other Current Assets, Total	812K	586K	1.03M	1.03M	1.61M
Total Current Assets	49.43M	41.6M	47.46M	46.32M	56.86M
Gross Property Plant And Equipment	24.42M	18.72M	18.9M	19.15M	20.75M
Accumulated Depreciation	-14.07M	-11.41M	-12.46M	-13.27M	-14.24M
Net Property Plant And Equipment	10.35M	7.31M	6.44M	5.88M	6.51M
Long-term Investments	1.06M	25.4K	25.4K	-	-
Goodwill	9.3M	9.3M	9.3M	9.3M	9.3M
Other Intangibles, Total	1.59M	128K	0	-	2.69M
Accounts Receivable Long-Term	854K	-	954K	904K	2.47M
Loans Receivable Long-Term	-	-	-	-	-
Other Long-Term Assets, Total	25.55K	6.93K	6.94K	32.33K	7.24K
Total Assets	72.61M	58.38M	64.19M	62.44M	77.84M
Liabilities
Accounts Payable, Total	1.18M	1.11M	1.43M	982K	1.27M
Accrued Expenses, Total	5.06M	4.85M	5.93M	6.15M	6.58M
Short-term Borrowings	7.9M	5.59M	6.21M	8.2M	7.96M
Current Portion of Long-Term Debt	441K	13.36K	-	-	-
Current Portion of Leases	773K	678K	670K	477K	673K
Current Income Taxes Payable	329K	195K	634K	600K	575K
Unearned Revenue Current, Total	4.9M	7.93M	8.75M	3.03M	10.29M
Other Current Liabilities	251K	394K	240K	284K	280K
Total Current Liabilities	20.83M	20.77M	23.87M	19.71M	27.63M
Long-Term Debt	443K	-	-	-	-
Long-Term Leases	481K	828K	785K	468K	641K
Total Liabilities	21.75M	21.6M	24.65M	20.18M	28.27M
Common Stock, Total	122K	123K	124K	127K	128K
Additional Paid In Capital	128M	128M	129M	130M	130M
Retained Earnings	-39.65M	-44.9M	-44.21M	-41.29M	-38.34M
Treasury Stock	-3.92M	-3.92M	-3.92M	-3.92M	-3.92M
Comprehensive Income and Other	-39.36M	-45.98M	-45.94M	-46.61M	-46.46M
Total Common Equity	45.4M	33.81M	34.84M	37.83M	41.59M
Minority Interest	5.45M	2.98M	4.69M	4.43M	7.97M
Total Equity	50.85M	36.78M	39.53M	42.26M	49.57M
Total Liabilities And Equity	72.61M	58.38M	64.19M	62.44M	77.84M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	11.26M	11.35M	11.43M	11.79M	11.95M
ECS Total Common Shares Outstanding	11.26M	11.35M	11.42M	11.76M	11.89M
Book Value / Share	4.03	2.98	3.05	3.22	3.5
Tangible Book Value	34.51M	24.38M	25.54M	28.53M	29.61M
Tangible Book Value Per Share	3.07	2.15	2.24	2.43	2.49
Total Debt	10.04M	7.11M	7.67M	9.14M	9.28M
Net Debt	-13.92M	-8.42M	-11.46M	-8.22M	-17.85M
Debt Equivalent Oper. Leases	7.01M	4.79M	5.34M	4.7M	7.32M
Minority Interest, Total (Incl. Fin. Div)	5.45M	2.98M	4.69M	4.43M	7.97M
Equity Method Investments, Total	1.06M	25.4K	25.4K	-	-
Account Code - Inventory Valuation	3	3	3	3	3
Land - (BS)	1.24M	885K	913K	895K	914K
Buildings, Total	4.82M	3.5M	3.6M	3.53M	3.61M
Machinery, Total	16.91M	12.94M	12.69M	13.55M	14.99M
Full Time Employees	1.78K	1.77K	1.57K	1.46K	1.37K
Assets under Capital Lease - Gross	305K	46.55K	155K	145K	140K
Assets under Capital Lease - Accumulated Depreciation	-146K	-17.37K	-25.08K	-47.81K	-79.97K
Accumulated Allowance for Doubtful Accounts (Supple)	157K	420K	399K	355K	48.61K

Fiscal Period: June	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)	2026 (USD)
Net Income	-851K	-5.24M	684K	2.92M	2.95M
Depreciation & Amortization - CF	2.18M	2.07M	1.6M	1.46M	1.24M
Amortization of Goodwill and Intangible Assets - (CF)	1.63M	1.17M	126K	-	-
Depreciation & Amortization, Total	3.81M	3.24M	1.72M	1.46M	1.24M
(Gain) Loss From Sale Of Asset	205K	19.72K	-102K	-69.36K	-86.3K
Asset Writedown & Restructuring Costs	214K	-	-	-	-
(Income) Loss On Equity Investments - (CF)	2.02M	2.11M	-	-	-
Stock-Based Compensation (CF)	104K	317K	309K	208K	759K
Provision and Write-off of Bad Debts	23.39K	1.7M	-29.13K	467K	301K
Other Operating Activities, Total	1.95M	1.1M	1.39M	1.65M	2.65M
Change In Accounts Receivable	-6.94M	-5.35M	-3.11M	245K	-2.13M
Change In Accounts Payable	1.12M	710K	1.61M	-197K	756K
Change in Unearned Revenues	931K	3.52M	645K	-6.26M	6.48M
Change in Other Net Operating Assets	469K	-131K	-217K	15.26K	977K
Cash from Operations	3.06M	2.01M	2.91M	447K	13.88M
Capital Expenditure	-2.61M	-1.64M	-515K	-1.38M	-2.01M
Sale of Property, Plant, and Equipment	349K	240K	224K	117K	86.99K
Cash Acquisitions	-	-	-	-8.88K	-
Sale (Purchase) of Intangible assets	-	-	-	-	-2.69M
Investment in Marketable and Equity Securities, Total	-	-	-	-	25.4K
Other Investing Activities, Total	-	-	-	-	-
Cash from Investing	-2.26M	-1.4M	-292K	-1.27M	-4.58M
Short Term Debt Issued, Total	-	-	-	2.92M	1.04M
Long-Term Debt Issued, Total	942K	270K	757K	-	-
Total Debt Issued	942K	270K	757K	2.92M	1.04M
Long-Term Debt Repaid, Total	-1.27M	-928K	-517K	-774K	-1.19M
Total Debt Repaid	-1.27M	-928K	-517K	-774K	-1.19M
Issuance of Common Stock	-	-	-	473K	-
Repurchase of Common Stock	-100K	-	-	-	-
Other Financing Activities, Total	-950K	-61.12K	-	-1.8M	413K
Cash from Financing	-1.38M	-719K	240K	823K	269K
Foreign Exchange Rate Adjustments	-9.16M	-8.32M	737K	-1.76M	194K
Net Change in Cash	-9.74M	-8.43M	3.59M	-1.77M	9.77M
Supplemental Items
Cash Interest Paid	433K	680K	1.58M	842K	721K
Cash Income Tax Paid (Refund)	1.23M	983K	705K	1.41M	1.52M
Levered Free Cash Flow	-2.73M	-1.88M	3.22M	-4.64M	8.45M
Unlevered Free Cash Flow	-2.49M	-1.4M	3.93M	-4.09M	8.82M
Change In Net Working Capital	3.13M	-2.16M	-236K	6.57M	-7.18M
Net Debt Issued / Repaid	-328K	-658K	240K	2.15M	-144K

Fiscal Period: June	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)	2026 (USD)
Profitability
Return on Assets	-0.85	-8.38	3.56	3.46	6.19
Return on Total Capital	-0.99	-10.47	4.79	4.44	7.88
Return On Equity %	1.95	-9.46	5.45	11.18	12.19
Return on Common Equity	-1.7	-13.24	1.99	8.04	7.43
Margin Analysis
Gross Profit Margin %	46.62	32.29	47.7	49.29	52.64
SG&A Margin	39.5	45.99	39.73	42.06	42.25
EBITDA Margin %	4.78	-10.57	8.5	7.51	11.01
EBITA Margin %	0.97	-14.52	5.9	5.3	9.34
EBIT Margin %	-1.88	-16.76	5.69	5.3	9.34
Income From Continuing Operations Margin %	1.92	-7.91	3.38	6.92	7.52
Net Income Margin %	-1.49	-10.01	1.11	4.42	3.97
Net Avail. For Common Margin %	-1.49	-10.01	1.11	4.42	3.97
Normalized Net Income Margin	-0.9	-5.94	1.01	3.23	2.52
Levered Free Cash Flow Margin	-4.76	-3.59	5.25	-7.02	11.36
Unlevered Free Cash Flow Margin	-4.36	-2.68	6.41	-6.19	11.87
Asset Turnover
Asset Turnover	0.72	0.8	1	1.04	1.06
Fixed Assets Turnover	4.81	5.93	8.93	10.73	12
Receivables Turnover (Average Receivables)	2.72	2.21	2.46	2.57	2.84
Short Term Liquidity
Current Ratio	2.37	2	1.99	2.35	2.06
Quick Ratio	2.27	1.91	1.89	2.21	1.96
Operating Cash Flow to Current Liabilities	0.15	0.1	0.12	0.02	0.5
Days Sales Outstanding (Average Receivables)	134.23	164.87	148.52	142.19	128.3
Average Days Payable Outstanding	13.4	11.78	14.49	13.12	11.66
Long Term Solvency
Total Debt/Equity	19.74	19.34	19.4	21.63	18.71
Total Debt / Total Capital	16.49	16.2	16.25	17.78	15.76
LT Debt/Equity	1.82	2.25	1.98	1.11	1.29
Long-Term Debt / Total Capital	1.52	1.89	1.66	0.91	1.09
Total Liabilities / Total Assets	29.96	37	38.41	32.32	36.32
EBIT / Interest Expense	-2.92	-11.48	3.06	4.02	11.47
EBITDA / Interest Expense	9.76	-6.45	5.15	6.37	15.03
(EBITDA - Capex) / Interest Expense	2.71	-8.6	4.7	4.79	11.71
Total Debt / EBITDA	2.78	-1.44	1.3	1.65	1.02
Net Debt / EBITDA	-3.86	1.71	-1.95	-1.48	-1.96
Total Debt / (EBITDA - Capex)	10.03	-1.08	1.43	2.19	1.31
Net Debt / (EBITDA - Capex)	-13.92	1.28	-2.13	-1.97	-2.52
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	4.24	-8.48	17.18	7.65	12.53
Gross Profit, 1 Yr. Growth %	-9.06	-28.74	73.12	11.23	20.18
EBITDA, 1 Yr. Growth %	-59.06	-302.47	-194.22	-4.79	64.84
EBITA, 1 Yr. Growth %	-87.76	-1.47K	-147.57	0.23	98.38
EBIT, 1 Yr. Growth %	-139.63	714.22	-139.79	0.23	98.38
Earnings From Cont. Operations, 1 Yr. Growth %	-51.33	-476.5	-150.14	119.97	22.42
Net Income, 1 Yr. Growth %	-147.86	516.07	-113.04	327.45	0.93
Normalized Net Income, 1 Yr. Growth %	-130.59	381.59	-119.95	243.52	-12.23
Diluted EPS Before Extra, 1 Yr. Growth %	-153.33	481.09	-112.91	316.67	-0.11
Accounts Receivable, 1 Yr. Growth %	23.2	3.66	6.82	0.09	2.98
Net Property, Plant and Equip., 1 Yr. Growth %	-22.96	-29.36	-12	-8.59	10.74
Total Assets, 1 Yr. Growth %	-16.16	-19.6	9.95	-2.72	24.66
Tangible Book Value, 1 Yr. Growth %	-16.29	-29.37	4.76	11.73	3.76
Common Equity, 1 Yr. Growth %	-16.92	-25.54	3.05	8.6	9.94
Cash From Operations, 1 Yr. Growth %	-80.54	-34.34	44.78	-84.63	3K
Capital Expenditures, 1 Yr. Growth %	2.27	-37.17	-68.56	168.29	45.15
Levered Free Cash Flow, 1 Yr. Growth %	-118.87	-31.03	-271.3	-244.01	-282.13
Unlevered Free Cash Flow, 1 Yr. Growth %	-116.98	-43.81	-380.65	-204.03	-315.61
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	0.77	-2.33	3.56	12.31	10.06
Gross Profit, 2 Yr. CAGR %	-5.46	-24.07	11.07	38.77	15.62
EBITDA, 2 Yr. CAGR %	-24.55	-8.95	38.12	-5.29	25.28
EBITA, 2 Yr. CAGR %	-56.26	29.62	155.51	-32.16	41.01
EBIT, 2 Yr. CAGR %	0.37	79.64	79.99	-36.85	41.01
Earnings From Cont. Operations, 2 Yr. CAGR %	-3.9	35.37	37.39	5.02	64.1
Net Income, 2 Yr. CAGR %	-4.7	71.72	-10.36	-25.34	107.71
Normalized Net Income, 2 Yr. CAGR %	-34.02	35.6	-1.98	-17.21	73.63
Diluted EPS Before Extra, 2 Yr. CAGR %	0.09	76.04	-13.4	-26.67	104.02
Accounts Receivable, 2 Yr. CAGR %	-9.89	13.01	5.23	3.4	1.53
Net Property, Plant and Equip., 2 Yr. CAGR %	-13.04	-26.23	-21.15	-10.31	0.61
Total Assets, 2 Yr. CAGR %	-9.41	-17.9	-5.98	3.42	10.12
Tangible Book Value, 2 Yr. CAGR %	-11.51	-23.11	-13.98	8.19	7.67
Common Equity, 2 Yr. CAGR %	-12.27	-21.35	-12.4	5.79	9.27
Cash From Operations, 2 Yr. CAGR %	-12.22	-64.25	-2.5	-52.82	118.45
Capital Expenditures, 2 Yr. CAGR %	37.65	-19.84	-55.56	-8.16	97.34
Levered Free Cash Flow, 2 Yr. CAGR %	23.61	-63.92	8.69	57.06	61.95
Unlevered Free Cash Flow, 2 Yr. CAGR %	11.66	-69.11	25.58	70.87	49.77
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-5.49	-2.41	3.78	4.9	12.39
Gross Profit, 3 Yr. CAGR %	-11.43	-17.26	-0.07	11.13	32.27
EBITDA, 3 Yr. CAGR %	-37.6	4.85	-7.91	22.01	13.93
EBITA, 3 Yr. CAGR %	-60.46	37.94	-7.2	84.85	-2.99
EBIT, 3 Yr. CAGR %	-45.95	101.68	8.69	48.08	-7.51
Earnings From Cont. Operations, 3 Yr. CAGR %	-54.92	51.49	-2.78	60.73	10.52
Net Income, 3 Yr. CAGR %	-53.71	77.54	-27.28	50.88	-17.44
Normalized Net Income, 3 Yr. CAGR %	-52.02	37.8	-28.41	48.89	-15.59
Diluted EPS Before Extra, 3 Yr. CAGR %	-52.36	79.89	-26.32	46.2	-18.71
Accounts Receivable, 3 Yr. CAGR %	-8.59	-5.58	10.91	3.49	3.26
Net Property, Plant and Equip., 3 Yr. CAGR %	-5.06	-18.86	-21.76	-17.17	-3.78
Total Assets, 3 Yr. CAGR %	-6.03	-12.94	-9.5	-4.9	10.06
Tangible Book Value, 3 Yr. CAGR %	-5.75	-17.92	-14.76	-6.15	6.69
Common Equity, 3 Yr. CAGR %	-7.87	-16.94	-13.94	-5.9	7.15
Cash From Operations, 3 Yr. CAGR %	-14.71	-20.32	-43.02	-47.33	90.46
Capital Expenditures, 3 Yr. CAGR %	-1.46	5.98	-41.32	-19.08	6.98
Levered Free Cash Flow, 3 Yr. CAGR %	-30.9	1.76	-39.36	19.38	65.01
Unlevered Free Cash Flow, 3 Yr. CAGR %	-33.43	-11.19	-35.54	17.94	84.64
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-2.62	-2.97	-1.97	3.23	6.25
Gross Profit, 5 Yr. CAGR %	-4.65	-12.94	-5.28	1.75	5.93
EBITDA, 5 Yr. CAGR %	-13.24	-8.5	-14.25	0.67	4.16
EBITA, 5 Yr. CAGR %	-20.76	5.94	-16.59	3.85	8.93
EBIT, 5 Yr. CAGR %	1.49	23.51	-12.54	26.75	20.62
Earnings From Cont. Operations, 5 Yr. CAGR %	-8.71	-10.33	-29.6	30.84	19.86
Net Income, 5 Yr. CAGR %	-29.76	4.01	-39.71	25.55	10.66
Normalized Net Income, 5 Yr. CAGR %	-32.62	7.5	-33.26	12.39	2.04
Diluted EPS Before Extra, 5 Yr. CAGR %	-29.52	4.11	-39.5	25.64	10.73
Accounts Receivable, 5 Yr. CAGR %	-3.26	-4.57	-3.3	-2.09	7.06
Net Property, Plant and Equip., 5 Yr. CAGR %	-12.66	-14.67	-11.86	-15.54	-13.48
Total Assets, 5 Yr. CAGR %	-6.14	-10.16	-6.01	-6.73	-2.11
Tangible Book Value, 5 Yr. CAGR %	-1.29	-9.89	-9.13	-8.33	-6.41
Common Equity, 5 Yr. CAGR %	-6.46	-11.65	-9.71	-8.5	-5.31
Cash From Operations, 5 Yr. CAGR %	46.45	-33.72	-10.02	-35.39	-2.46
Capital Expenditures, 5 Yr. CAGR %	3.44	-7.72	-28.34	0.08	-4.68
Levered Free Cash Flow, 5 Yr. CAGR %	-12.12	-15.96	-17.17	21.05	-10.18
Unlevered Free Cash Flow, 5 Yr. CAGR %	-14.3	-21.66	-14.19	15.39	-9.69