Netsol Technologies Inc financial data

Symbol
NTWK on Nasdaq
Industry
Services-Prepackaged Software
Location
16000 Ventura Blvd.,, Suite 770, Encino,, CA
State of incorporation
NV
Fiscal year end
June 30
Former names
NETSOL INTERNATIONAL INC (to 2/14/2002), MIRAGE HOLDINGS INC (to 5/12/1999)
Latest financial report
10-Q - Q1 2024 - May 20, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 209 % -9.55%
Debt-to-equity 61 % +24.9%
Return On Equity -11.4 % -122%
Return On Assets -7.33 % -107%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 11.4M shares
Common Stock, Shares, Outstanding 11.4M shares +0.94%
Entity Public Float 28.2M USD -26.6%
Common Stock, Value, Issued 123K USD +0.87%
Weighted Average Number of Shares Outstanding, Basic 11.4M shares +0.95%
Weighted Average Number of Shares Outstanding, Diluted 11.4M shares +1.3%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 58.7M USD +12.6%
Cost of Revenue 33.1M USD -6.03%
Research and Development Expense 1.42M USD -22.1%
Selling and Marketing Expense 24.4M USD -29.6%
General and Administrative Expense 14.6M USD -6.68%
Operating Income (Loss) -211K USD +97.2%
Nonoperating Income (Expense) -3.04M USD -138%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -3.25M USD -89.7%
Income Tax Expense (Benefit) 704K USD -36.2%
Net Income (Loss) Attributable to Parent -4.31M USD -84.4%
Earnings Per Share, Basic -0.37 USD/shares -60.9%
Earnings Per Share, Diluted -0.37 USD/shares -60.9%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 12.3M USD -19.1%
Accounts Receivable, after Allowance for Credit Loss, Current 15.8M USD +71.6%
Other Assets, Current 2.4M USD -7.74%
Assets, Current 46.2M USD +13.2%
Property, Plant and Equipment, Net 5.51M USD -19.9%
Operating Lease, Right-of-Use Asset 1.49M USD +35.2%
Goodwill 9.3M USD 0%
Other Assets, Noncurrent 32.3K USD +7510%
Assets 63.3M USD +6.31%
Accounts Payable, Current 1.36M USD +38.2%
Accrued Liabilities, Current 3.62M USD -11.8%
Liabilities, Current 22.9M USD +29.7%
Long-term Debt and Lease Obligation 130K USD -39.4%
Operating Lease, Liability, Noncurrent 838K USD +28.6%
Liabilities 23.9M USD +28.8%
Accumulated Other Comprehensive Income (Loss), Net of Tax -45.5M USD +3.58%
Retained Earnings (Accumulated Deficit) -44.1M USD -10.8%
Stockholders' Equity Attributable to Parent 35.3M USD -6.42%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 39.4M USD -3.86%
Liabilities and Equity 63.3M USD +6.31%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 1.66M USD +28.1%
Net Cash Provided by (Used in) Financing Activities -44.5K USD +90%
Net Cash Provided by (Used in) Investing Activities -370K USD +58.6%
Common Stock, Shares Authorized 14.5M shares 0%
Common Stock, Shares, Issued 12.3M shares +0.87%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 1.02M USD
Interest Paid, Excluding Capitalized Interest, Operating Activities 315K USD +232%
Deferred Tax Assets, Valuation Allowance 8.47M USD +6.28%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 8.47M USD +6.28%
Operating Lease, Liability 1.47M USD +37.3%
Depreciation 1.7M USD -21.7%
Payments to Acquire Property, Plant, and Equipment 372K USD -72.4%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -2.62M USD +79.5%
Lessee, Operating Lease, Liability, to be Paid 1.6M USD +41.8%
Property, Plant and Equipment, Gross 17.9M USD -2.33%
Operating Lease, Liability, Current 635K USD +50.8%
Lessee, Operating Lease, Liability, to be Paid, Year Two 485K USD +32.1%
Lessee, Operating Lease, Liability, to be Paid, Year One 699K USD +55%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure +30.3%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 123K USD +132%
Lessee, Operating Lease, Liability, to be Paid, Year Three 276K USD +28.9%
Deferred Tax Assets, Operating Loss Carryforwards 8.28M USD +5.02%
Preferred Stock, Shares Authorized 500K shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 109K USD +17.2%
Operating Lease, Payments 61.7K USD -49.5%
Additional Paid in Capital 129M USD +0.16%
Depreciation, Depletion and Amortization 799K USD -9.58%
Share-based Payment Arrangement, Expense 44.1K USD -87.1%
Interest Expense 1.11M USD +83.5%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%