NTWK
Income statement / Annual
Last year (2023), NetSol Technologies, Inc.'s total revenue was $52.39 M,
a decrease of 8.48% from the previous year.
In 2023, NetSol Technologies, Inc.'s net income was -$5.24 M.
See NetSol Technologies, Inc.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
06/30/2023 |
06/30/2022 |
06/30/2021 |
06/30/2020 |
06/30/2019 |
06/30/2018 |
06/30/2017 |
06/30/2016 |
06/30/2015 |
06/30/2014 |
| Operating Revenue |
$52.39 M
|
$57.25 M
|
$54.92 M
|
$56.37 M
|
$67.82 M
|
$60.93 M
|
$65.37 M
|
$64.55 M
|
$51.05 M
|
$36.38 M
|
| Cost of Revenue |
$35.48 M |
$33.51 M |
$28.57 M |
$29.41 M |
$33.37 M |
$31.72 M |
$36.96 M |
$33.75 M |
$33.02 M |
$27.72 M |
| Gross Profit |
$16.92 M |
$23.74 M |
$26.35 M |
$26.96 M |
$34.45 M |
$29.21 M |
$28.41 M |
$30.80 M |
$18.03 M |
$8.66 M |
| Gross Profit Ratio |
0.32 |
0.41 |
0.48 |
0.48 |
0.51 |
0.48 |
0.43 |
0.48 |
0.35 |
0.24 |
| Research and Development
Expenses |
$1.60 M
|
$1.34 M
|
$674,168.00
|
$1.47 M
|
$1.97 M
|
$853,996.00
|
$393,345.00
|
$485,783.00
|
$314,892.00
|
$249,712.00
|
| General & Administrative
Expenses |
$0.00
|
$15.39 M
|
$15.44 M
|
$17.14 M
|
$16.92 M
|
$16.25 M
|
$16.75 M
|
$14.97 M
|
$14.78 M
|
$15.05 M
|
| Selling & Marketing
Expenses |
$0.00
|
$7.22 M
|
$6.56 M
|
$6.45 M
|
$7.83 M
|
$7.62 M
|
$9.75 M
|
$7.82 M
|
$6.09 M
|
$4.57 M
|
| Selling, General &
Administrative Expenses |
$24.09 M
|
$22.61 M
|
$21.99 M
|
$23.59 M
|
$24.75 M
|
$23.87 M
|
$26.49 M
|
$22.79 M
|
$20.87 M
|
$19.62 M
|
| Other Expenses |
-$605,570.00 |
$863,180.00 |
$965,625.00 |
$834,583.00 |
$897,800.00 |
$42,847.00 |
$50,378.00 |
$224,931.00 |
$684,030.00 |
$50,578.00 |
| Operating Expenses |
$25.70 M |
$24.82 M |
$23.63 M |
$25.89 M |
$27.62 M |
$26.15 M |
$29.41 M |
$24.50 M |
$23.19 M |
$21.75 M |
| Cost And Expenses |
$61.17 M |
$58.33 M |
$52.20 M |
$55.30 M |
$60.99 M |
$57.88 M |
$66.37 M |
$58.25 M |
$56.21 M |
$49.47 M |
| Interest Income |
$1.22 M |
$1.66 M |
$1.02 M |
$1.57 M |
$955,061.00 |
$592,153.00 |
$179,723.00 |
$161,794.00 |
$331,432.00 |
$261,251.00 |
| Interest Expense |
$765,030.00 |
$369,801.00 |
$394,289.00 |
$346,856.00 |
$311,798.00 |
$422,327.00 |
$310,044.00 |
$264,511.00 |
$166,962.00 |
$255,677.00 |
| Depreciation &
Amortization |
$3.24 M
|
$3.81 M
|
$3.96 M
|
$3.73 M
|
$4.42 M
|
$5.57 M
|
$6.56 M
|
$7.15 M
|
$10.34 M
|
$8.73 M
|
| EBITDA |
-$5.96 M
|
$2.15 M
|
$8.43 M
|
$5.99 M
|
$11.38 M
|
$9.00 M
|
$5.79 M
|
$13.84 M
|
$6.19 M
|
-$4.59 M
|
| EBITDA Ratio |
-0.11 |
0.04 |
0.15 |
0.11 |
0.17 |
0.15 |
0.09 |
0.21 |
0.12 |
-0.13 |
| Operating Income Ratio
|
-0.17
|
-0.03
|
0.08
|
0.04
|
0.1
|
0.05
|
-0.02
|
0.1
|
-0.1
|
-0.36
|
| Total Other
Income/Expenses Net |
$5.11 M
|
$3.75 M
|
-$1.18 M
|
$74,857.00
|
$6.25 M
|
$4.80 M
|
$327,050.00
|
-$489,297.00
|
$165,662.00
|
-$673,933.00
|
| Income Before Tax |
-$3.22 M |
$2.09 M |
$3.29 M |
$2.33 M |
$13.08 M |
$8.02 M |
-$804,485.00 |
$5.71 M |
-$4.84 M |
-$13.76 M |
| Income Before Tax Ratio
|
-0.06
|
0.04
|
0.06
|
0.04
|
0.19
|
0.13
|
-0.01
|
0.09
|
-0.09
|
-0.38
|
| Income Tax Expense |
$926,560.00 |
$988,938.00 |
$1.03 M |
$1.14 M |
$1.06 M |
$873,027.00 |
$931,951.00 |
$652,546.00 |
$413,498.00 |
$338,282.00 |
| Net Income |
-$5.24 M |
$1.10 M |
$1.78 M |
$937,081.00 |
$12.02 M |
$4.31 M |
-$4.98 M |
$3.40 M |
-$5.55 M |
-$11.36 M |
| Net Income Ratio |
-0.1 |
0.02 |
0.03 |
0.02 |
0.18 |
0.07 |
-0.08 |
0.05 |
-0.11 |
-0.31 |
| EPS |
-0.46 |
0.0978 |
0.15 |
0.0799 |
1.04 |
0.38 |
-0.46 |
0.33 |
-0.57 |
-1.25 |
| EPS Diluted |
-0.46 |
0.0978 |
0.15 |
0.0795 |
1.03 |
0.38 |
-0.46 |
0.32 |
-0.57 |
-1.25 |
| Weighted Average Shares
Out |
$11.28 M
|
$11.25 M
|
$11.50 M
|
$11.73 M
|
$11.60 M
|
$11.20 M
|
$10.82 M
|
$10.39 M
|
$9.73 M
|
$9.06 M
|
| Weighted Average Shares
Out Diluted |
$11.28 M
|
$11.25 M
|
$11.50 M
|
$11.78 M
|
$11.62 M
|
$11.20 M
|
$10.91 M
|
$10.58 M
|
$9.73 M
|
$9.06 M
|
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