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0 0 0.0251572327044025 0.0251572327044025 0.0314465408805032 0.00314465408805025 0.00314465408805025 -0.0817295597484277
Stock impact report

NETSOL Technologies Reports 3% Total Net Revenue Growth With 26% Increase in Recurring Revenue and Net Profitability in Fiscal First Quarter 2025

NETSOL Technologies Inc. (NTWK) 
Last netsol technologies inc. earnings: 2/12 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.netsoltech.com
Company Research Source: GlobeNewswire
3% increase in 1Q’25 total net revenues to $14.6 million26% increase in 1Q’25 subscription and support revenues to $8.2 million45% gross margins in 1Q’25Net income in 1Q’25 of $71,000 building on FY’24 profitabilityCash and cash equivalents increased to $24.5 millionSigned expansion agreement with major automaker in China increasing contract value to over $30 millionSigned $16 million agreement with major automaker in the United States ENCINO, Calif., Nov. 13, 2024 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), a global business services and asset finance solutions provider, reported results for the fiscal first quarter of 2025 ended September 30, 2024. Najeeb Ghauri, Co-Founder, Chief Executive Officer, and Chairman of NETSOL Technologies Inc., commented, "We’re continue to build on the foundation we laid in 2024, achieving profitability in the first fiscal quarter of 2025 driven by a 26% increase in recurring subscription and support revenues and consistent servic Show less Read more
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