NetSol Technologies, Inc. (NTWK)

NetSol Technologies Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Revenue	64.13	61.39	52.39	57.25	54.92	56.37
Revenue Growth (YoY)	9.18%	17.18%	-8.48%	4.24%	-2.57%	-16.88%
Cost of Revenue	33.43	32.11	35.48	33.51	25.58	26.51
Gross Profit	30.7	29.28	16.92	23.74	29.34	29.86
Selling, General & Admin	28.26	24.39	24.09	23.47	21.99	23.59
Research & Development	1.34	1.4	1.6	1.34	0.67	1.47
Operating Expenses	29.59	25.79	25.7	24.82	26.62	28.79
Operating Income	1.1	3.49	-8.78	-1.08	2.72	1.07
Interest Expense	-0.98	-1.14	-0.77	-0.37	-0.39	-0.35
Interest & Investment Income	2.25	1.91	1.22	1.66	1.02	1.57
Earnings From Equity Investments	-	-	-1.03	-2.02	-0.25	-0.61
Currency Exchange Gain (Loss)	0.09	-1.19	6.1	4.33	-0.6	0.4
Other Non Operating Income (Expenses)	0.33	0.15	0.04	-0.42	0.99	0.22
EBT Excluding Unusual Items	2.79	3.22	-3.22	2.09	3.48	2.31
Gain (Loss) on Sale of Assets	-	-	-	-	-0.19	0.02
Pretax Income	2.79	3.22	-3.22	2.09	3.29	2.33
Income Tax Expense	1.44	1.15	0.93	0.99	1.03	1.14
Earnings From Continuing Operations	1.35	2.08	-4.14	1.1	2.26	1.19
Net Income to Company	1.35	2.08	-4.14	1.1	2.26	1.19
Minority Interest in Earnings	-1.09	-1.39	-1.1	-1.95	-0.48	-0.25
Net Income	0.26	0.68	-5.24	-0.85	1.78	0.94
Net Income to Common	0.26	0.68	-5.24	-0.85	1.78	0.94
Net Income Growth	-	-	-	-	89.77%	-89.08%
Shares Outstanding (Basic)	11	11	11	11	11	12
Shares Outstanding (Diluted)	12	11	11	11	11	12
Shares Change (YoY)	1.40%	1.26%	0.26%	-2.17%	-2.41%	1.40%
EPS (Basic)	0.02	0.06	-0.46	-0.08	0.15	0.08
EPS (Diluted)	0.02	0.06	-0.46	-0.08	0.15	0.08
EPS Growth	-	-	-	-	87.84%	-89.21%
Free Cash Flow	6.05	2.39	0.37	0.45	13.17	2.6
Free Cash Flow Per Share	0.53	0.21	0.03	0.04	1.15	0.22
Gross Margin	47.87%	47.70%	32.29%	41.46%	53.43%	52.97%
Operating Margin	1.72%	5.69%	-16.76%	-1.88%	4.95%	1.90%
Profit Margin	0.41%	1.11%	-10.01%	-1.49%	3.24%	1.66%
Free Cash Flow Margin	9.44%	3.90%	0.71%	0.79%	23.99%	4.60%
EBITDA	2.58	5.22	-5.54	2.73	6.68	4.8
EBITDA Margin	4.02%	8.49%	-10.56%	4.78%	12.16%	8.52%
D&A For EBITDA	1.47	1.72	3.24	3.81	3.96	3.73
EBIT	1.1	3.49	-8.78	-1.08	2.72	1.07
EBIT Margin	1.72%	5.69%	-16.76%	-1.88%	4.95%	1.90%
Effective Tax Rate	51.53%	35.54%	-	47.32%	31.22%	48.91%
Revenue as Reported	64.13	61.39	52.39	57.25	54.92	56.37
Advertising Expenses	-	0.15	0.06	0.12	0.22	0.29

Updated May 14, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q