Company: NTWK
Filing Date: 2025-09-29
Form Type: 10-K
Source: 0001493152-25-015950
Chunk: 1241

Company: NETSOL TECHNOLOGIES INC
Filing Date: 2025-09-29
Form: 10-K
Item: Item 7
Chunk 1241
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The
following discussion is intended to assist in understanding our financial position and results of operations for the year ended June
30, 2025. It should be read together with our consolidated financial statements and related notes included under Item 8 of this Annual
Report on Form 10-K.

Listed
below are a few of NetSol’s highlights for the Year ended June 30, 2025:

● We
signed a multi-year agreement with the captive finance arm of a leading Japanese automotive manufacturer to implement its flagship Transcend™
Finance platform across both retail and wholesale operations in Australia and New Zealand. The agreement, structured with a five-year
total cost of ownership of approximately $21 million, reflects the client’s strategic commitment to deploying a unified, next-generation
solution. The platform implementation is aimed at driving enterprise-wide operational efficiencies, supporting digital transformation
objectives, and enhancing long-term scalability and regulatory readiness across the Australia/New Zealand finance ecosystem.

● We
successfully executed a binding, multi-year maintenance and technical upgrade agreement with the captive finance arm of a leading Japanese
automotive manufacturer. The agreement, with a total cost of ownership exceeding $4 million, governs the upgrade and extended support
of the client’s retail finance platform through 2027. The scope includes comprehensive system upgrades, implementation of enhanced
security protocols, performance optimization, and full-cycle testing.

● We
broadened our revenue base and expanded our managed service portfolio by securing three new client engagements covering audit, business
process outsourcing (BPO), and standby services. One of these clients is already live on our redesigned standby platform. Collectively,
these contracts are expected to contribute nearly $400,000 in incremental revenues over their respective terms, pursuant to the terms
and service levels defined in each executed agreement.

● We
formalized an agreement with the captive finance division of a prominent North American automotive retailer to conduct a structured discovery
and assessment phase. This engagement, projected to generate approximately $800,000 in revenue, is aimed at evaluating current platform
capabilities, identifying custom development opportunities, and defining the scope for a future technology solution. The outcome of this
phase will inform a potential omnichannel transformation strategy focused on enhancing customer experience and operational efficiency.

● We
have generated approximately $6.1 million in revenue through the successful implementation of client-approved platform modifications
and enhancement requests. These initiatives were executed across multiple regional markets in accordance with the terms of individual
service orders, ensuring continuity, improved performance, and alignment with evolving