Company: NTWK
Filing Date: 2025-09-29
Form Type: 10-K
Source: 0001493152-25-015950
Chunk: 110

Company: NETSOL TECHNOLOGIES INC
Filing Date: 2025-09-29
Form: 10-K
Item: Item 1
Chunk 110
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 skills and business domain knowledge alongside communication, management and leadership
skills. We believe we have been successful in our efforts to attract and retain the highest level of talent available, partly because
of our emphasis on core values, training and professional growth. We intend to continue to recruit, hire and promote employees who share
our vision.

COMPETITION

A
number of companies offer products and services that overlap and are competitive with those offered by us. Some of NETSOL’s main
competitors for its finance and leasing technology include Alfa, Constellation Financial Software, FIS Global, LTI Technology Solutions,
Odessa, Solifi, Soft4 and Sopra Banking Software. The Company’s competitors for digital retail include Tekion and CDK Global. Most
of our major competitors are based in North America and Europe, with a smaller presence in APAC and the Middle East.

7

CUSTOMERS

NETSOL’s
solutions and services cater to a broad spectrum of finance and leasing businesses, from automotive captive finance companies to equipment
finance and leasing companies to large regional banks, as well as its customers for digital retail, including OEMs, dealer groups and
dealerships.

A
number of NETSOL’s customers include world renowned auto manufacturers through their finance arms. NETSOL is a strategic business
partner for Daimler and BMW (which consists of a group of many companies in different countries), which accounts for approximately 19.1%
and 16.1%, respectively, of our revenue for our fiscal year ended June 30, 2025. Other globally renowned auto captives that are customers
of the company include Toyota, Nissan, Ford and FIAT.

Other
customers include equipment finance and leasing companies, banks and other financial institutions worldwide. Some of these clients include
MINI Financial Services, BMO, Bank of Hawaii, First Hawaiian Leasing, Genpact, SCI Lease Corp, Aldermore, Investec,
Close Brothers, Haydock Finance, Charles and Dean, Maple Commercial Finance, among many others.

Information
regarding financial data by geographic areas is set forth in Item 7 and Item 8 of this Annual Report on form 10-K. See note 17 of Notes
to Consolidated Financial Statements under Item 8.

INTELLECTUAL
PROPERTY 

NETSOL
relies upon a combination of non-disclosure and other contractual arrangements, as well as common law trade secret, copyright and trademark
laws to protect its proprietary rights. NET