7Baggers

NetSol Technologies Quarterly Income Statements Chart

Quarterly
 | 
Annual
 
 Revenue  
 Gross Profit  
 Operating Profit  
 Net Income  
20190630 20190930 20191231 20200630 20200930 20210331 20210630 20210930 20211231 20220331 20220630 20220930 20221231 20230331 20230630 20230930 20231231 20240331 20240930 20241231 -8.39-1.136.1313.420.6627.9235.1842.44Milllion

NetSol Technologies Quarterly Income Statements Table

Quarterly
 | 
Annual
 
Unit: USD2024-12-31 2024-09-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-09-30 2020-06-30 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-09-30 2017-06-30 2017-03-31 2016-12-31 2016-09-30 2016-06-30 2016-03-31 2015-12-31 2015-09-30 2015-06-30 2015-03-31 2014-12-31 2014-09-30 2014-06-30 2014-03-31 2013-06-30 2012-06-30 2011-09-30 2011-06-30 2011-03-31 2010-12-31 2010-09-30 2010-06-30 2010-03-31 2009-12-31 2009-03-31 2008-12-31 2008-09-30 2004-09-30 
                                                        
  net revenues:                                                      
  license fees72,688 1,229 558,340 2,990,453 1,280,449 286,579 1,982,985 15,884 249,960 2,918,433 1,620,827 1,955,331 10,716 4,128,961 2,120,963 3,475 4,180,597 383,963 2,679,145 3,458,747 2,536,320 4,817,569 5,956,113 3,949,384 2,648,870 326,066 12,488,690 5,730,222 5,350,086 3,499,860 4,993,972 1,358,469 709,691 1,193,354 5,113,788 1,215,201 2,100,715 1,584,553 606,855 2,118,015  12,293,851 1,075,850 7,632,302 3,652,170 3,129,063 3,477,793 10,512,298 3,644,809 3,318,936  647,979 2,529,808  
  subscription and support8,642,629 8,192,471 7,140,358 6,827,781 6,512,243 19,324,579 6,656,082 6,502,669 6,016,834 21,730,219 6,554,540 9,374,869 6,230,389 16,498,969 5,674,776 5,171,863                                       
  services6,821,344 6,404,798 7,765,818 5,419,707 6,449,489 19,275,668 4,867,322 5,871,805 6,439,325 17,789,501 6,634,459 4,142,762 7,179,656 20,459,914 5,988,257 7,472,040 22,272,935 10,282,755 6,418,891 9,010,805 10,519,219 8,237,334 6,418,634 24,266,772 9,345,210 7,017,737 17,794,627 7,004,272 6,984,084 5,806,717 24,128,739 8,159,490 9,574,104 6,753,873 17,804,840 7,022,982 5,567,826 4,397,957 1,245,465 4,689,019  15,423,241 3,115,652 12,495,755 5,278,960 5,272,675 3,255,360 12,026,505 3,548,348 4,420,535 3,033,684 3,109,737 5,177,425  
  total net revenues15,536,661 14,598,498 15,464,516 15,237,941 14,242,181 38,886,826 13,506,389 12,390,358 12,706,119 42,438,153 14,809,826 15,472,962 13,420,761 41,136,619 13,783,996 12,647,378 40,682,300 15,690,019 13,572,416 17,292,956 17,127,055 17,002,627 16,396,545 43,886,438 17,043,820 12,818,776 47,416,948 17,949,320 17,638,112 15,001,558 48,576,294 15,973,899 16,191,697 13,305,104 37,974,663 13,073,915 12,352,604 10,227,151 9,546,709 9,363,051               
  yoy9.09% -62.46% 14.50% 22.98% 12.09% -8.37% -8.80% -19.92% -5.32% 3.16% 7.44% 22.34% -67.01% 162.18% 1.56% -26.86% 137.53% -7.72% -17.22% -60.60% 0.49% 32.64% -65.42% 144.50% -3.37% -14.55% -2.39% 12.37% 8.93% 12.75% 27.92% 22.18% 31.08% 30.10% 297.78% 39.63%                   
  qoq6.43% -5.60% 1.49% 6.99% -63.38% 187.91% 9.01% -2.49% -70.06% 186.55% -4.29% 15.29% -67.38% 198.44% 8.99% -68.91% 159.29% 15.60% -21.51% 0.97% 0.73% 3.70% -62.64% 157.49% 32.96% -72.97% 164.17% 1.76% 17.58% -69.12% 204.10% -1.35% 21.70% -64.96% 190.46% 5.84% 20.78% 7.13% 1.96%                
  cost of revenues8,616,320 8,034,386 7,989,696 8,062,204 8,080,164                                                 751,647 
  gross profit6,920,341 6,564,112 7,474,820 7,175,737 6,162,017 12,210,534 4,705,029 3,142,463 4,251,997 17,902,604 5,834,570 7,642,587 5,443,023 19,927,580 6,425,448 6,381,575 19,161,410 7,801,960 6,110,628 8,791,702 8,557,320 8,858,571 8,238,058 20,014,198 9,192,719 4,811,809 19,411,731 8,996,205 8,437,577 6,093,104 23,258,751 7,542,835 8,027,975 5,410,729 13,314,108 4,713,106 5,000,552 3,212,633 -179,371 2,381,086  19,353,453 2,144,048 14,966,946 6,776,502 6,928,503 5,222,442 17,435,832 5,477,017 5,921,390 539,386 1,427,285 4,732,421 1,306,658 
  yoy12.31% -46.24% 58.87% 128.35% 44.92% -31.79% -19.36% -58.88% -21.88% -10.16% -9.20% 19.76% -71.59% 155.42% 5.15% -27.41% 123.92% -11.93% -25.82% -56.07% -6.91% 84.10% -57.56% 122.47% 8.95% -21.03% -16.54% 19.27% 5.10% 12.61% 74.69% 60.04% 60.54% 68.42% -7522.66% 97.94%  -83.40% -108.37% -84.09%  179.33% -58.95% -14.16% 23.73% 17.01% 868.22% 1121.61% 15.73% 353.17%     
  qoq5.43% -12.18% 4.17% 16.45% -49.54% 159.52% 49.72% -26.09% -76.25% 206.84% -23.66% 40.41% -72.69% 210.14% 0.69% -66.70% 145.60% 27.68% -30.50% 2.74% -3.40% 7.53% -58.84% 117.72% 91.04% -75.21% 115.78% 6.62% 38.48% -73.80% 208.36% -6.04% 48.37% -59.36% 182.49% -5.75% 55.65% -1891.05% -107.53%   802.66% -85.67% 120.87% -2.19% 32.67% -70.05% 218.35% -7.50% 997.80% -62.21% -69.84% 262.18%  
  gross margin %44.54% 44.96% 48.34% 47.09% 43.27% 31.40% 34.84% 25.36% 33.46% 42.19% 39.40% 49.39% 40.56% 48.44% 46.62% 50.46% 47.10% 49.73% 45.02% 50.84% 49.96% 52.10% 50.24% 45.60% 53.94% 37.54% 40.94% 50.12% 47.84% 40.62% 47.88% 47.22% 49.58% 40.67% 35.06% 36.05% 40.48% 31.41% -1.88% 25.43%               
  operating expenses:                                                      
  selling, general and administrative7,073,622 6,964,321 5,811,335 5,807,494 5,432,969                                                  
  research and development cost333,669 359,949 345,582 341,411 378,419 1,299,351 302,262 472,904 469,627 1,091,153 251,001 235,390 275,230 439,490 234,678 85,989 1,014,349 454,605 672,970 714,651 513,770 424,652 318,155 656,353 197,643 185,085 292,152 101,193 91,607 92,932 353,660 132,123 117,924 112,070 230,854 84,038 80,437 66,265 70,850 65,060               
  total operating expenses7,407,291 7,324,270 6,156,917 6,148,905 5,811,388 20,060,057 5,635,464 6,188,977 6,148,188 18,441,622 6,373,875 5,988,719 6,082,633 17,668,950 5,963,229 5,345,019 18,796,062 7,096,970 6,537,838 7,846,102 6,464,411 6,668,793 6,638,433 19,712,382 6,439,624 5,929,812 22,253,569 7,155,581 7,009,983 7,325,263 18,193,209 6,306,676 5,943,206 5,467,693 16,848,518 6,344,502 6,005,149 5,455,153 7,480,914 5,062,465  11,262,429 2,970,490 9,609,531 1,969,096 3,032,128 3,196,913 10,289,102 2,896,038 4,230,898 4,796,878 4,244,321 3,603,983 1,272,258 
  income from operations-486,950 -760,158 1,317,903 1,026,832 350,629 -7,849,523 -930,435 -3,046,514 -1,896,191 -539,018 -539,305 1,653,868 -639,610 2,258,630 462,219 1,036,556 365,348 704,990 -427,210 945,600 2,092,909 2,189,778 1,599,625 301,816 2,753,095 -1,118,003 -2,841,838 1,840,624 1,427,594 -1,232,159 5,065,542 1,236,159 2,084,769 -56,964 -3,534,410 -1,631,396 -1,004,597 -2,242,520 -7,660,285 -2,681,379  8,091,024 -826,442 5,357,415 4,807,406 3,896,375 2,025,530 7,146,729 2,580,979 1,690,492  -2,817,036 1,128,438 34,400 
  yoy-238.88% -90.32% -241.64% -133.71% -118.49% 1356.26% 72.52% -284.21% 196.46% -123.86% -216.68% 59.55% -275.07% 220.38% -208.19% 9.62% -82.54% -67.81% -126.71% 213.30% -23.98% -295.87% -156.29% -83.60% 92.85% -9.26% -156.10% 48.90% -31.52% 2063.05% -243.32% -175.77% -307.52% -97.46% -53.86% -39.16%  -127.72% 826.90% -150.05%  107.66% -140.80% -25.04% 86.26% 130.49%  -353.70% 128.72% 4814.22%     
  qoq-35.94% -157.68% 28.35% 192.85% -104.47% 743.64% -69.46% 60.66% 251.79% -0.05% -132.61% -358.57% -128.32% 388.65% -55.41% 183.72% -48.18% -265.02% -145.18% -54.82% -4.42% 36.89% 430.00% -89.04% -346.25% -60.66% -254.40% 28.93% -215.86% -124.32% 309.78% -40.71% -3759.80% -98.39% 116.65% 62.39% -55.20% -70.73% 185.68%   -1079.02% -115.43% 11.44% 23.38% 92.36% -71.66% 176.90% 52.68%   -349.64% 3180.34%  
  operating margin %-3.13% -5.21% 8.52% 6.74% 2.46% -20.19% -6.89% -24.59% -14.92% -1.27% -3.64% 10.69% -4.77% 5.49% 3.35% 8.20% 0.90% 4.49% -3.15% 5.47% 12.22% 12.88% 9.76% 0.69% 16.15% -8.72% -5.99% 10.25% 8.09% -8.21% 10.43% 7.74% 12.88% -0.43% -9.31% -12.48% -8.13% -21.93% -80.24% -28.64%               
  other income and                                                  15,378 132,986  22,335 
  interest expense-236,386 -258,219 -289,677 -290,322 -276,017 -576,893 -188,137 -202,363 -121,610 -283,885 -85,916 -90,808 -101,013 -295,633 -98,656 -103,327 -258,850 -88,006 -63,663 -78,113 -70,447 -63,804 -99,434 -319,805 -102,522 -118,071 -249,687 -60,357 -62,127 -54,475 -208,441 -56,070 -72,156 -68,173 -121,728 -45,234 -47,265 -73,093 -85,447 -8,275  -572,254 -251,430 -715,046 -148,661 -291,475 -315,644 -1,165,803 -312,671 -372,273 -483,501 -296,578 -203,892 -21,575 
  interest income529,072 769,867 376,466 468,280 414,718 954,056 263,794 309,906 431,857 1,291,722 364,161 316,253 443,133 785,453 231,979 200,821 1,133,854 435,682 399,229 274,592 201,084 230,421 248,964 449,797 142,356 136,911 152,494 27,229 23,416 30,440 132,121 29,673 35,299 52,112 234,338 97,094 106,078 57,919 74,325 114,141  49,234 32,805 106,005 48,851 9,958 84,461 178,659 82,637 33,752 177,771 40,895 27,941  
  gain on foreign currency exchange transactions-698,392 542,545 -963,887 -14,617 -134,253 1,362,447 5,385,591 657,223 1,315,705 3,828,074 499,516 901,016 1,284,148 1,227,916 -1,825,349 296,041 337,549 61,061 -1,760,190 3,750,974 47,218 2,536,755 10,912 2,459,989 2,550,394 1,016,362 -84,078 390,897   3,238.75 12,955  -113,719 -205,925 -247,845 -421,082 79,220 -248,493 -908,192  525,614 -120,906 891,116 224,531 -400,658 1,073,894 -47,520.5 -190,082      
  other income38,064 153,491 21,634 -57,305 57,881 -627,467 21,897 89,660 2,320 -188,544 -30,296 19,668 3,029 465,686 521,758 87,272 16,237 207,987 18,326 5,682 3,116 4,503 5,379 42,533 314 1,099 50,597 -219 6,823 21,560 199,673 25,258 120,684 54,314 76,919 607,111 18,162 379 54,919 -5,006  -1,929.5 -7,718 -47,044 -5,105 -1,748 -55,554 -88,038 144,609 -50,825   16,454  
  total other income-367,642 1,207,684 -855,464 106,036 62,329 161,361 5,400,684 864,607 1,651,568 2,488,627 679,437 986,186 1,357,732 1,871,633 -1,304,233 351,215 810,297 452,456 -1,595,811 3,970,948 -48,038 2,406,078 -81,576 2,600,693 2,367,401 961,609 -162,468 359,197 -686,114 -419,774 -618,678 26,664 -53,033 -87,339 -87,490 417,622 -413,650 53,373 -419,625 -1,012,011  -89,453 -470,474 -279,494 -61,815 -874,677 524,515 -2,503,881 -883,667 -1,076,927 -1,409,008 -332,687   
  net income before income taxes-854,592 447,526 462,439 1,132,868 412,958 -7,688,162 4,470,249 -2,181,907 -244,623 1,949,609 140,132 2,640,054 718,122 4,130,263 -842,014 1,387,771 1,175,645 1,157,446 -2,023,021 4,916,548 2,044,871 4,595,856 1,518,049 2,902,509 5,120,496 -156,394 -3,004,306 2,199,821 741,480 -1,651,933 4,446,864 1,262,823 2,031,736 -144,303 -3,621,900 -1,213,774 -1,418,247 -2,189,147 -8,079,910 -3,693,390  8,001,571 -1,296,916 5,077,921 4,745,591          
  income tax provision-331,614 -229,817 -146,569 -150,053 -121,895 -698,842 -227,718 -220,056 -193,348 -831,334 -157,604 -201,506 -167,627 -893,461 -133,156 -264,294 -530,558 -610,510 -238,238 -280,522 -275,476 -264,872 -236,914 -611,845 -261,182 -24,871 -870,347 -61,604 -338,884 -39,875 -546,337 -106,209 -273,275 -75,223 -306,100 -107,398 -87,683 -40,076                 
  net income-1,186,206 217,709 315,870 982,815 291,063 -8,387,004 4,242,531 -2,401,963 -437,971 1,118,275 -17,472 2,438,548 550,495 3,236,802 -975,170 1,123,477 645,087 546,936 -2,261,259 4,636,026 1,769,395 4,330,984 1,281,135 2,290,664 4,859,314 -181,265 -3,874,653 2,138,217 402,596 -1,691,808 3,900,527 1,156,614 1,758,461 -219,526 -3,928,000 -1,321,172 -1,505,930 -2,229,223 -8,278,871 -2,311,524  -364,677 -1,458,708 2,409,658 3,318,429  1,566,981 147,261.75 589,047 -447,878 -4,998,510 -3,232,640 1,056,842 34,358 
  yoy-507.54% -102.60% -92.55% -140.92% -166.46% -849.99% -24381.89% -198.50% -179.56% -65.45% -98.21% 117.05% -14.66% 491.81% -56.87% -75.77% -63.54% -87.37% -276.50% 102.39% -63.59% -2489.31% -133.06% 7.13% 1107.00% -89.29% -199.34% 84.87% -77.11% 670.66% -199.30% -187.54% -216.77% -90.15% -52.55% -42.84%  511.29% 467.55% -195.93%   -193.09% 1536.31% 463.36%  -131.35% -104.56% -44.26% -1403.56%     
  qoq-644.86% -31.08% -67.86% 237.66% -103.47% -297.69% -276.63% 448.43% -139.16% -6500.38% -100.72% 342.97% -82.99% -431.92% -186.80% 74.16% 17.95% -124.19% -148.78% 162.01% -59.15% 238.06% -44.07% -52.86% -2780.78% -95.32% -281.21% 431.11% -123.80% -143.37% 237.24% -34.23% -901.03% -94.41% 197.31% -12.27% -32.45% -73.07% 258.16%   -75.00% -160.54% -27.39%   964.08% -75.00% -231.52% -91.04% 54.63% -405.88% 2975.97%  
  net income margin %-7.63% 1.49% 2.04% 6.45% 2.04% -21.57% 31.41% -19.39% -3.45% 2.64% -0.12% 15.76% 4.10% 7.87% -7.07% 8.88% 1.59% 3.49% -16.66% 26.81% 10.33% 25.47% 7.81% 5.22% 28.51% -1.41% -8.17% 11.91% 2.28% -11.28% 8.03% 7.24% 10.86% -1.65% -10.34% -10.11% -12.19% -21.80% -86.72% -24.69%               
  non-controlling interest39,164 -146,914 11,679 -574,499 -260,173 598,633 -1,697,908 309,037 -182,758 -1,690,961 -260,998 -1,031,763 -362,526 -835,314 351,939 -405,923 -293,981 39,039 433,312 -1,138,405 -501,835 -1,475,355 -318,546 -848,221 -1,994,869 -188,233 -1,803,345 -1,438,249 -1,388,272 -73,911 -1,347,245 -307,135 -883,396 -191,502 15,427 -315,073 138,764 391,197 946,651 1,011,720  -4,065,468 -137,258 -2,561,455 -1,413,427 -1,082,792 -974,508 -3,794,896 -1,097,201 -1,028,917     
  net income attributable to netsol-1,147,042 70,795 327,549 408,316 30,890 -7,788,371 2,544,623 -2,092,926 -620,729 -572,686 -278,470 1,406,785 187,969 2,401,488 -623,231 717,554 351,106 585,975 -1,827,947 3,497,621 1,267,560 2,855,629 962,589 1,442,443 2,864,445 -369,498 -5,677,998 699,968 -985,676 -1,765,719 2,553,282 849,479 875,065 -411,028 -3,912,573 -1,636,245 -1,367,166 -1,838,026 -7,332,220 -1,299,804               
  net income per share                                                      
  net income per common share                                                      
  basic-0.1 0.006 0.03 0.04 0.003 -0.69 0.23 -0.19 -0.06 -0.06 -0.02 0.13 0.02 0.2 -0.05 0.06 0.03 0.05 -0.16 0.3 0.11 0.25 0.08 0.12 0.26 -0.03 -0.52 0.06 -0.09 -0.17 0.25 0.08 0.08 -0.04 -0.4 -0.17 -0.14 -0.2 -0.81 -0.31  -0.008 -0.03 0.06 0.06 0.04 0.04 0.005 0.02 -0.01 -0.19 -0.12 0.04 
  diluted-0.1 0.006 0.03 0.04 0.003 -0.69 0.23 -0.19 -0.06 -0.06 -0.02 0.13 0.02 0.2 -0.05 0.06 0.03 0.05 -0.16 0.3 0.11 0.25 0.08 0.13 0.25 -0.03 -0.52 0.06 -0.09 -0.17 0.24 0.08 0.08 -0.04 -0.4 -0.17 -0.14 -0.2 -0.81 -0.31  -0.008 -0.03 0.06 0.06 0.04 0.04 0.005 0.02 -0.01 -0.19 -0.12 0.04 
  weighted-average number of shares outstanding                                                      
  basic11,484,298 11,429,695 11,390,888 11,372,819 11,345,856 11,279,966 11,283,954 11,270,199 11,257,539 11,250,219 11,249,606 11,244,539 11,254,205 11,499,983 11,343,406 11,787,233 11,734,648 11,724,606 11,664,239 11,599,290 11,656,098 11,586,507 11,502,616 11,197,319 11,190,048 11,099,113 10,912,284 10,987,214 10,877,446 10,697,425 10,391,157 10,427,664 10,308,186 10,281,335 9,728,122 9,914,321 9,654,334 9,213,324 9,063,345 9,092,834   55,883,268 48,543,200 51,263,639 48,366,323 39,544,096  35,636,259 34,447,142 26,601,587 26,525,259 26,307,175 9,504,789 
  diluted11,484,298 11,482,754 11,430,493 11,372,819 11,345,856 11,279,966 11,283,954 11,270,199 11,257,539 11,250,219 11,249,606 11,244,539 11,254,205 11,499,983 11,343,406 11,787,233 11,784,414 11,724,606 11,664,239 11,621,990 11,691,342 11,592,193 11,507,730 11,197,319 11,268,842 11,099,113 10,912,284 11,121,620 10,877,446 10,697,425 10,584,835 10,643,479 10,548,922 10,281,335 9,728,122 9,914,321 9,654,334 9,213,324 9,063,345 9,092,834   55,883,268 49,568,190 52,480,900 51,058,140 43,251,519  36,988,542 34,447,142 26,601,587 27,417,262 28,029,442 12,065,735 
  share of net income from equity investment     -1,035,620 2,377 5,133  -1,944,682 -76,798 -79,818 -160,965 -172,866 -80,953 -107,850 -441,068 -164,796 -189,224 1,528 -245,389 -298,293 -299,691 1,122 -263,678 -67,562             -175,151 -203,684  -200,000 -100,000 -142,237 -78,269 -71,799 -70,438 -43,510 -23,984      
  cost of revenues:                                                      
  salaries and consultants     1,613,453.5 6,453,814 6,942,171 6,086,735 17,771,257 6,756,898 5,661,917 5,662,410 15,596,996 5,372,302 4,526,649 14,195,866 4,625,872 4,454,964 4,902,137 4,833,611 4,497,054 5,020,562 16,438,095 5,418,067 5,464,160 18,484,113 6,161,110 5,979,804 5,893,349 16,246,500 5,542,829 4,925,565 4,999,890 14,394,021 4,895,515 4,298,900 4,116,217 5,095,105 4,106,150  7,852,698 2,383,411 6,267,978 2,448,517 2,127,280 1,986,888 6,009,779 2,154,369 2,005,845 2,629,081 2,382,877 2,640,713  
  travel     181,107.75 724,431 635,298 392,345 779,893 256,730 282,836 214,132 512,328 151,075 103,752 2,608,819 1,572,923 1,342,635 1,875,725 1,793,964 1,706,182 1,151,997 1,350,267 425,060 513,112 2,372,804 764,867 836,240 711,895 1,790,347 543,672 754,009 481,453 1,614,799 760,065 590,353 421,871 614,745 354,554  987,586 285,673 807,073 237,694 238,776 231,612 621,490 222,136 329,008 280,390 226,964 485,936  
  depreciation and amortization     150,707.25 602,829 693,278 654,049 2,207,506 741,587 728,868 765,735 2,230,921 759,768 707,249 2,163,019 734,352 719,665 833,551 874,654 880,048 937,604 3,483,660 1,127,077 1,173,113 4,107,871 1,340,188 1,318,764 1,330,872 4,443,274 1,483,695 1,461,466 1,474,235 6,424,365 1,912,492 1,800,753 1,801,567 3,326,784 1,471,126  2,739,124 789,105 2,268,236 840,050 679,284 630,941 1,719,188 578,904 573,267 532,099 532,429 551,325 413,824 
  other     255,071.5 1,020,286 977,148 1,320,993 3,776,893 1,220,041 1,156,754 1,335,461 2,868,794 1,075,403 928,153 2,553,186 954,912 944,524 889,841 1,067,506 1,060,772 1,048,324 2,600,218 880,897 856,582 3,040,429 686,950 1,065,727 972,338 2,837,422 860,868 1,022,682 938,797 2,227,370 792,737 662,046 674,863 1,439,020 728,446  2,205,307 516,409 1,088,187 412,693 348,859 243,138 1,746,758 416,931 585,157 917,051 540,146 751,068  
  total cost of revenues     2,200,340 8,801,360 9,247,895 8,454,122 24,535,549 8,975,256 7,830,375 7,977,738 21,209,039 7,358,548 6,265,803 21,520,890 7,888,059 7,461,788 8,501,254 8,569,735 8,144,056 8,158,487 23,872,240 7,851,101 8,006,967 28,005,217 8,953,115 9,200,535 8,908,454 25,317,543 8,431,064 8,163,722 7,894,375 24,660,555 8,360,809 7,352,052 7,014,518 9,726,080 6,981,965  14,193,363 4,084,660 10,753,181 4,050,946 3,496,745 3,180,629 10,411,109 3,455,939 3,598,418   4,568,546  
  selling and marketing     410,963.25 1,643,853 2,007,462 1,762,177 5,145,149 2,074,873 1,807,162 1,619,993 4,959,037 1,595,967 1,609,604 4,592,567 1,858,096 1,743,868 2,217,139 1,864,990 2,048,303 1,701,326 5,658,074 1,962,402 1,711,296 7,306,281 2,439,948 2,713,478 2,411,136 5,927,621 1,896,295 2,002,990 1,698,404 4,380,379 1,712,151 1,574,955 1,132,360 1,539,433 1,083,753  2,430,098 700,281 2,455,523 560,879 1,002,877 483,970 1,571,356 651,485 526,751 629,145 880,846 969,518 119,348 
  general and administrative     877,303 3,509,212 3,510,389 3,725,430 11,548,486 3,841,655 3,733,303 3,973,139 11,576,873 3,860,509 3,427,636 12,570,042 4,568,790 3,918,613 4,674,965 3,833,209 4,002,059 4,406,720 12,205,796 4,048,271 3,787,558 12,417,752 4,329,798 3,933,413 4,552,098 11,007,988 3,957,028 3,536,676 3,366,047 10,781,455 3,997,186 3,911,754 3,675,755 9,470,830 2,070,542               
  gain on sale of assets     -21,209.5 -84,838 5,048 23,296 2,192.5 8,770 -80,125  -138,923 -53,012  22,575 528 -289 16,285 16,380 -3,504 52,294 -32,943 40,537 -7,130 -31,794 1,647   9,082 14,848   1,624 6,496   -39,778 -995    571 2,284  -14,794    -127,558 -14,960   
  loss on sale of assets            -110,600   -21,742             -32,339 -2,403   -2,333 -11,873   -69,543 -11,052    -410.25 -1,641   -792  -31,354.75 -125,419 -89,119   -165,738 -620 
  services - related party                243,397 57,424 82,933 408,146 366,760 286,001 282,122 4,373,339 1,284,417 1,853,877 6,008,642 1,624,132 1,464,901 1,914,572 8,062,675 2,554,347 2,635,675 2,187,408 5,486,546 1,813,197 1,354,476 1,396,000                 
  maintenance fees                13,985,371 4,965,877 4,391,447 4,274,739 3,562,412 3,534,693 3,638,327 10,722,311 3,659,998 3,473,725 10,618,371 3,538,996 3,787,696 3,402,821 9,922,065 3,388,526 3,240,472 3,012,238 9,217,486 2,978,587 3,329,587 2,848,641 2,723,595 2,556,017  5,829,724 2,037,206 5,592,069 1,896,318 2,023,509 1,669,919 5,308,137 1,739,799 1,780,336 1,664,492 1,513,293 1,593,734  
  license fees - related party                         44,408    246,957 1,131,494 484,644                       
  maintenance fees - related party                   140,519 142,344 127,030 101,349 313,119 105,325 102,963 259,661 51,698 51,345 130,631 337,349 28,423 31,755 158,231 352,003 43,948                   
  loss on foreign currency exchange transactions                            -621,887 -414,896   -134,527                      
  net income from continuing operations                                  -3,928,000 -1,321,172 -1,505,930 -2,229,223 -8,278,871 -3,792,310               
  income from discontinued operations                                       1,480,786               
  amount attributable to netsol common shareholders:                                                      
  income from continuing operations                                  -3,912,573 -1,636,245 -1,367,166 -1,838,026 -7,332,220 -2,780,590               
  net income per share                                                      
  basic-0.1 0.006 0.03 0.04 0.003 -0.69 0.23 -0.19 -0.06 -0.06 -0.02 0.13 0.02 0.2 -0.05 0.06 0.03 0.05 -0.16 0.3 0.11 0.25 0.08 0.12 0.26 -0.03 -0.52 0.06 -0.09 -0.17 0.25 0.08 0.08 -0.04 -0.4 -0.17 -0.14 -0.2 -0.81 -0.31  -0.008 -0.03 0.06 0.06 0.04 0.04 0.005 0.02 -0.01 -0.19 -0.12 0.04 
  diluted-0.1 0.006 0.03 0.04 0.003 -0.69 0.23 -0.19 -0.06 -0.06 -0.02 0.13 0.02 0.2 -0.05 0.06 0.03 0.05 -0.16 0.3 0.11 0.25 0.08 0.13 0.25 -0.03 -0.52 0.06 -0.09 -0.17 0.24 0.08 0.08 -0.04 -0.4 -0.17 -0.14 -0.2 -0.81 -0.31  -0.008 -0.03 0.06 0.06 0.04 0.04 0.005 0.02 -0.01 -0.19 -0.12 0.04 
  net income per common share                                                      
  repairs and maintenance                                      142,678 256,629  299,165 74,194 228,047 79,068 71,459 57,058 213,633 43,364 69,112 81,536 102,235 106,665  
  salaries and wages                                      1,078,457.75 1,414,356  3,385,029 806,564 2,391,431 956,465 736,898 920,264 2,280,180 746,095 743,970 773,757 944,520 979,254 347,237 
  amortization of financing costs                                                      
  income tax benefit                                      -34,830.25 -98,920               
  income from discontinued operations net of gain on disposal                                       1,480,786               
  total revenues                                         1,557,177 6,228,708 25,720,127 10,827,448 10,425,247 8,403,071 27,846,941 8,932,956 9,519,808 5,023,021 5,271,009 9,300,967  
  insurance                                         109,483 35,868 93,660 32,924 31,087 30,992 100,261 40,235 36,030 43,478 59,073 32,839  
  bad debt expense                                         -67,959 192,250 366,347 717 -353 254,632 446,040 -3,236 212,840 1,772,188 648,470   
  professional services, including non-cash compensation                                         806,309 186,749 641,202 165,010 151,276 139,085 657,948 242,177 210,795 257,926 312,940 306,886  
  general and adminstrative                                         3,786,868 892,972 2,888,666 831,131 873,569 1,132,519 3,058,940 1,056,718 1,042,172 862,623 962,711 868,117 277,515 
  beneficial conversion feature                                         -157,993 -21,583 -348,544 -105,445 -118,163 -177,411 -1,409,029 -458,758 -595,215    -37,500 
  income taxes                                         -30,850 -24,534 -106,807 -13,735 -3,168 -8,556 -42,879 -11,064 -32,526 -21,594 -50,855 -7,182  
  net income after tax                                         7,970,721 -1,321,450 4,971,114 4,731,856          
  net income attibutable to netsol                                         3,905,253 -1,458,708 2,409,658 3,318,429 1,935,737         
  other comprehensive loss:                                                      
  translation adjustment                                         -243,549.75 -974,199 -546,268 20,361 784,153 -269,014 -109,922 -439,688 -538,141   -2,895,310 -83,689 
  comprehensive income                                         -608,226.75 -2,432,907 1,863,390 3,338,790 2,719,890 1,297,967 37,339.75 149,359  -5,211,008 -4,228,774 -1,872,344  
  comprehensive loss attributable to non controlling interest                                         -104,340 -417,360            
  comprehensive income attributable to netsol                                         -503,886.75 -2,015,547 2,078,217 3,240,034          
  amounts attributable to netsol common shareholders                                                      
  lease abandonment charges                                            -858,969   1,076,347 -208,764 1,076,347     
  other comprehensive income:                                                      
  comprehensive income attributable to non controlling interest                                           24,689 98,756          
  net income before non-controlling interest in subsidiary and income taxes                                             3,021,698 2,550,045        
  net income after income tax but before non-controlling interest in subsidiary                                             3,018,530         
  net income before non-controlling interest in subsidiary & income taxes                                               424,328 1,697,312      
  dividend required for preferred stockholders                                                  -33,140 -33,876 -33,876  
  net income applicable to common shareholders                                               147,261.75 589,047 -447,878 -5,031,650 -3,266,516 1,022,966  
  gain on foreign currency exchange rates                                                 -3,247   2,007,882  
  fmv of options & warrants issued                                                      
  net income before non-controlling interest in subsidiary                                                 613,565     
  comprehensive loss                                                 -986,019    -49,331 
  licence fees                                                  324,845    
  total cost of sales                                                  4,483,635 3,843,724   
  income/ (loss) from operations                                                  -4,257,491    
  gain on sale of subsidiary shares                                                      
  loss on extinguishment of debt                                                  -1,000,000    
  exchange gain /(loss) on foreign currency                                                  8,902    
  net income before minority interest in subsidiary                                                  -5,666,500 -3,149,723 2,693,785 19,290 
  minority interest in subsidiary - restated in 2008                                                  689,584    
  translation adjustment -restated in 2008                                                  -179,358    
  transaction gain on foreign currency                                                   -195,030   
  minority interest in subsidiary - restated                                                   -32,062   
  translation adjustment - restated                                                   -962,258   
  fair market value of options issued                                                    -117,300  
  total other incomes                                                    1,565,347 -15,110 
  minority interest in subsidiary                                                    -1,629,761 15,068 
  net revenues                                                     2,058,305 
  professional services, including non-cash                                                      
  compensation                                                     114,334 
  fair market value of warrants issued                                                     -28,024 
  gain on forgiveness of debt                                                     50,274 
  weighted-average number of shares outstanding:                                                      
  basic11,484,298 11,429,695 11,390,888 11,372,819 11,345,856 11,279,966 11,283,954 11,270,199 11,257,539 11,250,219 11,249,606 11,244,539 11,254,205 11,499,983 11,343,406 11,787,233 11,734,648 11,724,606 11,664,239 11,599,290 11,656,098 11,586,507 11,502,616 11,197,319 11,190,048 11,099,113 10,912,284 10,987,214 10,877,446 10,697,425 10,391,157 10,427,664 10,308,186 10,281,335 9,728,122 9,914,321 9,654,334 9,213,324 9,063,345 9,092,834   55,883,268 48,543,200 51,263,639 48,366,323 39,544,096  35,636,259 34,447,142 26,601,587 26,525,259 26,307,175 9,504,789 
  diluted11,484,298 11,482,754 11,430,493 11,372,819 11,345,856 11,279,966 11,283,954 11,270,199 11,257,539 11,250,219 11,249,606 11,244,539 11,254,205 11,499,983 11,343,406 11,787,233 11,784,414 11,724,606 11,664,239 11,621,990 11,691,342 11,592,193 11,507,730 11,197,319 11,268,842 11,099,113 10,912,284 11,121,620 10,877,446 10,697,425 10,584,835 10,643,479 10,548,922 10,281,335 9,728,122 9,914,321 9,654,334 9,213,324 9,063,345 9,092,834   55,883,268 49,568,190 52,480,900 51,058,140 43,251,519  36,988,542 34,447,142 26,601,587 27,417,262 28,029,442 12,065,735 

We provide you with 20 years income statements for NetSol Technologies stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as earnings, sales and marketing expenses, research and development costs, profits, and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of NetSol Technologies stock. Explore the full financial landscape of NetSol Technologies stock with our expertly curated income statements.

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