Company: NTWK
Filing Date: 2025-09-29
Form Type: 10-K
Source: 0001493152-25-015950
Chunk: 1126

Company: NETSOL TECHNOLOGIES INC
Filing Date: 2025-09-29
Form: 10-K
Item: Item 6
Chunk 1126
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911,258  
     3.1%
  
    Gain (loss) on foreign currency exchange transactions 
     1,301,613  
     2.0% 
     (1,187,320) 
     -1.9%
  
    Other income 
     244,241  
     0.4% 
     148,120  
     0.2%
  
    Total other income (expenses) 
     2,545,539  
     3.9% 
     (270,108) 
     -0.4%

    Net income before income taxes 
     6,047,257  
     9.2% 
     3,223,447  
     5.3%
  
    Income tax provision 
     (1,476,338) 
     -2.2% 
     (1,145,518) 
     -1.9%
  
    Net income 
     4,570,919  
     6.9% 
     2,077,929  
     3.4%
  
    Non-controlling interest 
     (1,647,686) 
     -2.5% 
     (1,394,056) 
     -2.3%
  
    Net income attributable to NetSol 
    $2,923,233  
     4.4% 
    $683,873  
     1.1%

    Net income per share: 

    Net income per common share 

    Basic 
    $0.25  
        
    $0.06  

    Diluted 
    $0.25  
        
    $0.06  

    Weighted average number of shares outstanding 

    Basic 
     11,576,287  
        
     11,378,595  

    Diluted 
     11,576,287  
        
     11,421,940  

19

A
significant portion of our business is conducted in currencies other than the U.S. dollar. We operate in several geographical regions
as described in Note 17 “Segment Information and Geographic Areas” within the Notes to the Consolidated Financial Statements.
Weakening of the value of the U.S. dollar compared to foreign currency exchange rates generally has the effect of