Netsol Technologies Limited (PSX: NETSOL)

Netsol Technologies Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Cash & Equivalents	5,092	4,669	2,633	3,794	3,795	2,116
Cash & Short-Term Investments	5,092	4,669	2,633	3,794	3,795	2,116
Cash Growth	48.89%	77.33%	-30.60%	-0.03%	79.38%	3.06%
Accounts Receivable	6,314	7,114	7,642	4,283	2,813	3,854
Other Receivables	601.14	561.42	490.22	456.6	466.98	396.48
Receivables	6,931	7,695	8,139	4,746	3,282	4,255
Prepaid Expenses	206	148.45	130.23	51.33	80.39	20.93
Other Current Assets	132.92	110.04	65.5	36.39	20.6	15.93
Total Current Assets	12,362	12,623	10,968	8,628	7,179	6,408
Property, Plant & Equipment	1,153	1,129	1,397	1,568	1,555	1,501
Long-Term Investments	-	-	-	-	178.52	209.76
Other Intangible Assets	-	88.97	165.28	381.3	674.8	969.67
Long-Term Accounts Receivable	54.2	52.64	-	-	-	-
Other Long-Term Assets	42.14	3.13	-	4.08	3	-
Total Assets	13,626	13,919	12,534	10,590	9,594	9,090
Accounts Payable	934.41	29.04	26.65	78.41	18.63	33.33
Accrued Expenses	-	658.58	729.6	456.37	355.37	126.52
Short-Term Debt	1,580	1,580	1,580	1,580	1,580	1,380
Current Portion of Long-Term Debt	11.05	13.12	42.57	38.86	164.25	59.54
Current Portion of Leases	0.25	0.97	3.36	3.47	20.26	37.78
Current Unearned Revenue	842.08	1,447	1,125	359.22	208.05	317.32
Other Current Liabilities	3.82	79.55	67.05	175.18	33.6	40.31
Total Current Liabilities	3,372	3,808	3,574	2,692	2,380	1,995
Long-Term Debt	1.38	2.7	49.63	88.28	86.89	172.5
Long-Term Leases	-	-	0.97	4.25	11.14	14.92
Other Long-Term Liabilities	2.85	2	16.68	7.98	-	-
Total Liabilities	3,376	3,813	3,641	2,792	2,478	2,182
Common Stock	898.37	898.37	898.37	898.37	898.37	898.37
Additional Paid-In Capital	304.17	304.17	304.17	304.17	304.17	304.17
Retained Earnings	8,964	8,823	7,620	6,581	5,709	5,516
Treasury Stock	-184.74	-184.74	-184.74	-184.84	-	-
Comprehensive Income & Other	268.24	266	255.3	199.31	204.47	189.74
Total Common Equity	10,250	10,106	8,893	7,798	7,116	6,908
Shareholders' Equity	10,250	10,106	8,893	7,798	7,116	6,908
Total Liabilities & Equity	13,626	13,919	12,534	10,590	9,594	9,090
Total Debt	1,593	1,597	1,677	1,715	1,863	1,665
Net Cash (Debt)	3,499	3,072	956.54	2,079	1,933	451.12
Net Cash Growth	99.12%	221.19%	-54.00%	7.58%	328.45%	-49.93%
Net Cash Per Share	39.40	34.69	10.86	23.18	21.52	5.02
Filing Date Shares Outstanding	87.84	87.84	87.84	87.84	89.84	89.84
Total Common Shares Outstanding	87.84	87.84	87.84	87.84	89.84	89.84
Working Capital	8,990	8,814	7,394	5,937	4,799	4,413
Book Value Per Share	116.69	115.06	101.24	88.78	79.21	76.90
Tangible Book Value	10,250	10,017	8,727	7,417	6,441	5,938
Tangible Book Value Per Share	116.69	114.05	99.36	84.44	71.70	66.10
Land	-	254.23	254.23	254.23	254.23	254.23
Buildings	-	952.56	952.56	952.56	952.56	952.56
Machinery	-	1,612	1,686	2,024	2,263	2,024

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