Company: NTWK
Filing Date: 2025-05-14
Form Type: 10-Q
Source: 0001641172-25-010127
Chunk: 4

Company: NETSOL TECHNOLOGIES INC
Filing Date: 2025-05-14
Form: 10-Q
Item: Part I, Item 1
Chunk 4
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     11,369,778 
  
    Diluted 
     11,683,408  
     11,430,493  
     11,531,365  
     11,409,383 

The
accompanying notes are an integral part of these unaudited condensed consolidated financial statements.

Page 4

NETSOL
TECHNOLOGIES, INC. AND SUBSIDIARIES

Condensed
Consolidated Statements of Comprehensive Income (Loss)

(Unaudited)

    2025  
    2024  
    2025  
    2024 

    For the Three Months  
    For the Nine Months 

    Ended
    March 31,  
    Ended
    March 31, 

    2025  
    2024  
    2025  
    2024 

    Net income 
    $1,423,968  
    $327,549  
    $347,721  
    $766,755 
  
    Other comprehensive income
    (loss): 

    Translation adjustment 
     (94,339) 
     441,993  
     (352,436) 
     812,109 
  
    Translation
    adjustment attributable to non-controlling interest 
     28,486  
     (77,604) 
     34,433  
     (342,873)
  
    Net
    translation adjustment 
     (65,853) 
     364,389  
     (318,003) 
     469,236 
  
    Comprehensive
    income (loss) attributable to NetSol 
    $1,358,115  
    $691,938  
    $29,718  
    $1,235,991 

The
accompanying notes are an integral part of these unaudited condensed consolidated financial statements.

Page 5

NETSOL
TECHNOLOGIES, INC. AND SUBSIDIARIES

Condensed
Consolidated Statement of Stockholders’ Equity

(Unaudited)

A
statement of the changes in equity for the three months ended March 31, 2025 is provided below:

    Shares  
    Amount  
    Capital  
    Shares  
    Deficit  
    Loss  
    Interest  
    Equity