Netsol Technologies Limited (PSX: NETSOL)

Netsol Technologies Balance Sheet

Financials in millions PKR. Fiscal year is July - June.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Mar 31, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020	Jun 30, 2019
Cash & Equivalents	2,779	2,633	3,794	3,795	2,116	2,053
Cash & Short-Term Investments	2,779	2,633	3,794	3,795	2,116	2,053
Cash Growth	1.44%	-30.60%	-0.03%	79.38%	3.06%	-3.31%
Accounts Receivable	9,191	7,642	4,283	2,813	3,854	4,047
Other Receivables	630.38	496.61	456.6	466.98	396.48	81.96
Receivables	9,845	8,145	4,746	3,282	4,255	4,133
Prepaid Expenses	121.66	123.84	51.33	80.39	20.93	16.45
Other Current Assets	89.26	65.5	36.39	20.6	15.93	53.09
Total Current Assets	12,835	10,968	8,628	7,179	6,408	6,256
Property, Plant & Equipment	1,306	1,397	1,568	1,555	1,501	1,592
Long-Term Investments	-	-	-	178.52	209.76	293.38
Other Intangible Assets	-	165.28	381.3	674.8	969.67	1,286
Other Long-Term Assets	3.08	-	4.08	3	-	22.85
Total Assets	14,145	12,534	10,590	9,594	9,090	9,451
Accounts Payable	840.01	26.65	78.41	18.63	33.33	41.68
Accrued Expenses	-	729.6	456.37	355.37	126.52	403.16
Short-Term Debt	1,580	1,580	1,580	1,580	1,380	1,053
Current Portion of Long-Term Debt	29.93	42.57	38.86	164.25	59.54	-
Current Portion of Leases	24.85	3.36	3.47	20.26	37.78	43.68
Current Unearned Revenue	2,029	1,125	359.22	208.05	317.32	474.79
Other Current Liabilities	3.84	67.05	175.18	33.6	40.31	51.75
Total Current Liabilities	4,508	3,574	2,692	2,380	1,995	2,068
Long-Term Debt	11.52	49.63	88.28	86.89	172.5	-
Long-Term Leases	-	0.97	4.25	11.14	14.92	55.4
Long-Term Unearned Revenue	-	-	-	-	-	7.6
Other Long-Term Liabilities	1.14	16.68	7.98	-	-	-0
Total Liabilities	4,521	3,641	2,792	2,478	2,182	2,131
Common Stock	898.37	898.37	898.37	898.37	898.37	897.23
Additional Paid-In Capital	304.17	304.17	304.17	304.17	304.17	303.27
Retained Earnings	8,342	7,620	6,581	5,709	5,516	5,727
Treasury Stock	-184.74	-184.74	-184.84	-	-	-
Comprensive Income & Other	263.78	255.3	199.31	204.47	189.74	167.04
Total Common Equity	9,624	8,893	7,798	7,116	6,908	7,095
Minority Interest	-	-	-	-	-	225.04
Shareholders' Equity	9,624	8,893	7,798	7,116	6,908	7,320
Total Liabilities & Equity	14,145	12,534	10,590	9,594	9,090	9,451
Total Debt	1,646	1,677	1,715	1,863	1,665	1,152
Net Cash (Debt)	1,133	956.54	2,079	1,933	451.12	901.02
Net Cash Growth	7.25%	-54.00%	7.58%	328.45%	-49.93%	-15.53%
Net Cash Per Share	12.84	10.86	23.18	21.52	5.02	10.03
Filing Date Shares Outstanding	87.84	87.84	87.84	89.84	89.84	89.72
Total Common Shares Outstanding	87.84	87.84	87.84	89.84	89.84	89.72
Working Capital	8,327	7,394	5,937	4,799	4,413	4,188
Book Value Per Share	109.57	101.24	88.78	79.21	76.90	79.07
Tangible Book Value	9,624	8,727	7,417	6,441	5,938	5,808
Tangible Book Value Per Share	109.57	99.36	84.44	71.70	66.10	64.73
Land	-	254.23	254.23	254.23	254.23	254.23
Buildings	-	952.56	952.56	952.56	952.56	952.56
Machinery	-	1,686	2,024	2,263	2,024	1,906

Source: S&P Capital IQ. Standard template. Financial Sources.