NTWK
NetSol Technologies Inc
NASDAQ: NTWK · TECHNOLOGY · SOFTWARE - APPLICATION
$3.40
-1.16% today
Updated 2026-04-30
Market cap
$40.89M
P/E ratio
21.62
P/S ratio
0.59x
EPS (TTM)
$0.16
Dividend yield
—
52W range
$2 – $6
Volume
0.0M
NetSol Technologies Inc (NTWK) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $18.69M | $29.28M | $36.64M | $26.45M | $36.78M | $36.55M | $39.78M | $50.80M | $36.38M | $51.05M | $64.55M | $65.37M | $60.93M | $67.82M | $56.37M | $54.92M | $57.25M | $52.39M | $61.39M | $66.09M |
| Revenue growth (YoY) | — | +56.7% | +25.1% | -27.8% | +39.1% | -0.6% | +8.8% | +27.7% | -28.4% | +40.3% | +26.4% | +1.3% | -6.8% | +11.3% | -16.9% | -2.6% | +4.2% | -8.5% | +17.2% | +7.6% |
| Cost of revenue | $9.02M | $13.66M | $15.72M | $17.20M | $13.87M | $14.80M | $18.28M | $22.95M | $27.72M | $33.02M | $33.75M | $36.96M | $31.72M | $33.37M | $29.41M | $28.57M | $33.51M | $35.48M | $32.11M | $33.51M |
| Gross profit | $9.67M | $15.62M | $20.92M | $9.25M | $22.91M | $21.74M | $21.50M | $27.84M | $8.66M | $18.03M | $30.80M | $28.41M | $29.21M | $34.45M | $26.96M | $26.35M | $23.74M | $16.92M | $29.28M | $32.57M |
| Gross margin | 51.7% | 53.4% | 57.1% | 35.0% | 62.3% | 59.5% | 54.0% | 54.8% | 23.8% | 35.3% | 47.7% | 43.5% | 47.9% | 50.8% | 47.8% | 48.0% | 41.5% | 32.3% | 47.7% | 49.3% |
| R&D | — | — | — | — | — | — | $0.00 | $207896.00 | $249712.00 | $314892.00 | $485783.00 | $393345.00 | $853996.00 | $1.97M | $1.47M | $674168.00 | $1.34M | $1.60M | $1.40M | $1.28M |
| SG&A | $7.64M | $10.99M | $11.77M | $8.25M | $8.91M | $7.07M | $8.87M | $10.65M | $15.05M | $14.78M | $14.97M | $16.75M | $16.25M | $16.92M | $17.14M | $15.44M | $15.39M | $24.09M | $24.39M | $27.80M |
| Operating income | $-259347.00 | $2.65M | $7.21M | $-6.48M | $9.73M | $10.16M | $7.26M | $11.67M | $-13.09M | $-5.17M | $6.30M | $-1.00M | $3.05M | $6.83M | $1.07M | $2.72M | $-1.08M | $-8.78M | $3.49M | $3.50M |
| Operating margin | -1.4% | 9.0% | 19.7% | -24.5% | 26.4% | 27.8% | 18.3% | 23.0% | -36.0% | -10.1% | 9.8% | -1.5% | 5.0% | 10.1% | 1.9% | 5.0% | -1.9% | -16.8% | 5.7% | 5.3% |
| EBITDA | $2.86M | $8.10M | $14.12M | $-616990.00 | $11.73M | $14.98M | $12.17M | $19.56M | $-4.77M | $5.68M | $13.45M | $6.07M | $8.63M | $17.81M | $6.41M | $7.64M | $6.27M | $791657.00 | $6.09M | $4.97M |
| EBITDA margin | 15.3% | 27.7% | 38.5% | -2.3% | 31.9% | 41.0% | 30.6% | 38.5% | -13.1% | 11.1% | 20.8% | 9.3% | 14.2% | 26.3% | 11.4% | 13.9% | 11.0% | 1.5% | 9.9% | 7.5% |
| EBIT | $-259347.00 | $2.65M | $10.78M | $-4.81M | $7.82M | $10.69M | $7.53M | $13.85M | $-13.50M | $-4.67M | $6.30M | $-494441.00 | $3.05M | $13.39M | $2.68M | $3.68M | $2.46M | $-2.45M | $4.37M | $3.50M |
| Interest expense | $0.00 | $0.00 | $626708.00 | $1.29M | $1.48M | $863707.00 | $823684.00 | $1.30M | $255677.00 | $166962.00 | $264511.00 | $310044.00 | $422327.00 | $311798.00 | $346856.00 | $394289.00 | $369801.00 | $765030.00 | $1.14M | $871355.00 |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-1.35M | $-4.88M | $7.22M | $-8.05M | $1.39M | $5.73M | $2.45M | $7.86M | $-11.36M | $-5.55M | $3.40M | $-4.98M | $4.31M | $12.02M | $937081.00 | $1.78M | $-851156.00 | $-5.24M | $683873.00 | $2.92M |
| Net income growth (YoY) | — | -260.5% | +248.1% | -211.4% | +117.3% | +310.9% | -57.3% | +221.4% | -244.4% | +51.1% | +161.3% | -246.3% | +186.5% | +179.0% | -92.2% | +89.8% | -147.9% | -516.1% | +113.0% | +327.5% |
| Profit margin | -7.2% | -16.7% | 19.7% | -30.4% | 3.8% | 15.7% | 6.2% | 15.5% | -31.2% | -10.9% | 5.3% | -7.6% | 7.1% | 17.7% | 1.7% | 3.2% | -1.5% | -10.0% | 1.1% | 4.4% |